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iPhone 14’s chip may be different from iPhone 14 Pro, Pro Max

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  • iPhone 14, iPhone 14 Max might be powered by A15 Bionic chip, iPhone 14 Pro and Pro Max by A16. 
  • Chips may be termed differently. 
  • iPhone 14, excluding Pro models, will cost the same as iPhone 13.

For the first time, there might be significant differences in the chips for iPhones within the iPhone 14 family, including an A16 Bionic chip for iPhone 14 and A16 Pro for iPhone 14 Pro, reported BGR.

While Apple has always used the same system-on-chips (SoC) for all models in a family, rumours suggest that it might use different ones for iPhone 14 and iPhone 14 Pro and Pro Max.

Reports suggest that iPhone 14 and iPhone 14 Max will be powered by the chip that powered iPhone 13 Pro and Pro Max, A15 Bionic version. iPhone 14 Pro and iPhone 14 Pro Max, however, will be powered by the next generation Bionic chip, A16.

Confusingly, even though iPhone 14 and iPhone 14 Max use the same chip that their predecessors used, Apple is expected to term it “A16” instead of the A15 Bionic version. And the chip in iPhone 14 Pro and Pro Max might be termed “A16 Pro” which is more advanced than A16.

It is important to remember that A15 Bionic chips themselves have no competition since no Andriod SoC can currently match the A15.

While all iPhones in the 14 family will feature 6GB RAM, the Pro and Pro Max phones will get speedier LPDDR5 variation.

Amongst these rumours is also the possibility that iPhone 14 will cost the same as iPhone 13. The only models which will see a bump in price are the iPhone 14 Pro and Pro Max, which is expected to be a rise of $100. 

There have also been speculations that the iPhone 14 family will not hit a new record for the largest or smallest phones in the iPhone collection.

If users love small phones and look forward to buying the iPhone 14 mini, it might be disappointing to know that the mini is actually bigger than most mobiles.

Similarly, if someone is looking forward to the Max models to enjoy a large screen, the screens of iPhone 14 Max and Pro Max are smaller than the screens of iPhone 13 and 13 Pro Max.

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Pakistani authorities have ‘delivered’ on economic front, says top IMF official

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  • IMF official says Pakistan ‘important’ country in the world.
  • “Our country is destined to succeed,” says Masood Khan.
  • Nathan Porter hails actions and policies of Pakistani govt. 

WASHINGTON: Bahador Bijani, an Executive Director of the International Monetary Fund (IMF), has noted an overall improvement in the economic situation, saying, the “Pakistani authorities have delivered”.

He made these remarks at an event hosted by Pakistan’s ambassador to the US in honour of friends of Pakistan from International Financial Institutions including IMF, International Finance Corporation (IFC), World Bank (WB), and Multilateral Investment Guarantee Agency (MIGA), at Pakistan House in Washington.

“I think the future for Pakistan is very bright. Pakistan is not just any country. It’s one of the most important countries in the region and in the world. Pakistanis deserve much more,” the IMF executive director was quoted as saying in an official statement.

The meeting took place as Islamabad awaits the IMF board’s meeting to approve a staff-level agreement on the first review of a $3 billion bailout, which will unlock $700 million in funding for the country.

Addressing the event, Ambassador Masood Khan observed that the past year was difficult for Pakistan. “We have passed through a wrenching transition and we are moving toward a new phase of stability,” he added.

“Have faith in Pakistan. Our country is destined to succeed,” he said.

“Our confidence stems from the people of Pakistan. We have a growing middle class and our human capital is increasing at a very fast pace,” he added.

Addressing a gathering of over 40 guests from the IFIs, the ambassador said that we were grateful to IFIs for their steadfast support in navigating through a difficult economic period.

Nathan Porter, IMF Mission Chief to Pakistan, speaking on the occasion, expressed satisfaction over the recently concluded staff-level agreement. He said that the actions and policies of the current government reflected its commitment to steer the country towards stabilisation.

“With that base, hopefully, we can build on and be able to move forward to reforms to build a stronger, prosperous and inclusive Pakistan,” he said.

He also appreciated the cooperation and the policies pursued by the State Bank of Pakistan for ensuring fiscal stability in the country.

Athanasios Arvanitis, Deputy Director Middle East and Central Asia Department IMF, also spoke on the occasion and expressed the hope that the elections in Pakistan would usher into a new beginning of undertaking a reform process that the country needed to make progress and address some of its structural issues.

Thanking them for their strong support, Ambassador Khan observed that the digitisation of Pakistan’s economy was creating new opportunities in the country for its youth and professionals taking the lead role in steering the country towards a bright future.

Lauding the professional achievements of Pakistanis working in the IFIs, the ambassador observed that Pakistani professionals have proved their mettle and have made the entire nation proud of their accomplishments.

“We are a nation of talented people. If you can make it, Pakistan will also make it,” observed the ambassador.

Syed Ali Abbas, Advisor Mission Chief UK, European Department IMF, in his remarks, expressed the hope that with the successful completion of the electoral process in Pakistan, the country would move towards a long-term and more durable approach which would change the trajectory of Pakistan.

Aftab Qureshi from the World Bank and Sidra Rehman from the IMF also spoke on the occasion and assured their continued cooperation.

The ambassador thanked the members of the IFIs and said that the country looked forward to working with its development partners.

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SNGPL demands 137% increase in gas tariff

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  • SNGPL’s prescribed gas prices amount to Rs1,715.49 per MMBTu.
  • Company seeks revision of rate to Rs2,961.98/MMBTu.
  • SNGPL calculates cost of RLNG’s service at Rs72.16bn.

ISLAMABAD: To address the looming revenue shortfall, the Sui Northern Gas Pipeline Limited (SNGPL) is yet again demanding a significant 137% increase in the average prescribed gas prices, amounting to Rs1,715.49 per MMBTu.

The state-owned company, responsible for supplying gas to Punjab and Khyber Pakhtunkhwa, has submitted a formal request to the Oil and Gas Regulatory Authority (Ogra) for the fiscal year 2023-24, seeking a revision of the rate to Rs2,961.98/MMBTu, effective from July 1 of the current financial year.

The company’s petition to Ogra outlines an estimated revenue requirement for FY24 at Rs179.16 billion, including Rs697 million allocated for LPG air-mix projects in Gilgit for the ongoing fiscal year.

On this basis, SNGPL is seeking a hike in the average prescribed gas price by Rs506.35/MMBTu, effective from July 1, 2023. It has notably incorporated the cost of re-gasified liquefied natural gas (RLNG) diverted to domestic consumers into the overall cost of gas, in alignment with a decision by the federal cabinet on October 10, 2023.

Additionally, the utility has factored in Rs427.83 billion to offset shortfalls from previous years. To justify a 137.6% increase in average prescribed prices to Rs2,961.98/MMBTu from July 1, 2023, SNGPL cites the rise in the cost of gas/RLNG and other components outlined in its petition.

Furthermore, SNGPL has calculated the cost of RLNG’s service at Rs72.16 billion (equivalent to Rs293.07/MMBTu) for the current fiscal year. The company indicates that the subject petition is undergoing revisions based on actual cost data and sales figures for July and August 2023, resulting in a reduction of the indigenous gas business shortfall from Rs181.516 billion to Rs179.160 billion.

The revised segment-wise shortfall and RLNG business cost for FY2023-24 are detailed as Rs179.160 billion for indigenous gas business and Rs427.830 billion for shortfalls from previous years. The total indigenous gas business shortfall, inclusive of previous years’ shortfalls, amounts to Rs606.990 billion, with an additional Rs72.160 billion designated as the RLNG cost of supply, as stated in the petition.

Ogra has invited comments from all interested and affected parties, including gas consumers and the general public. A public hearing on the petition is scheduled for December 11, 2023, in Lahore, where the regulatory authority will determine the gas prices.

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PSX sets new record as KSE-100 crosses 63,000 mark

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KARACHI: Bulls on Monday gripped the Pakistan Stock Exchange (PSX) as the benchmark index achieved a new milestone by crossing the 63,000 mark for the first time. 

According to the PSX website, the benchmark KSE-100 index gained 447.13 points or 0.71% to reach 63,403.15 points during the intraday trading at 10:59am. 

KSE-100 index. — PSX website
KSE-100 index. — PSX website 

Pakistan-Kuwait Head of Research, Samiullah Tariq, told Geo.tv that major catalysts for the recent bull run in the equity market include strong profitability, attractive valuation, and expectations of a reduction in interest rate — scheduled to be announced on December 12.

He added that the “market should remain bullish in the coming days”.  

A day earlier, stocks were boosted by expectations of improved economic conditions following signs of progress in securing financial support from the International Monetary Fund (IMF) and friendly countries. 

Benchmark KSE-100 index rose 0.74% or 463 points to close at 62,956 points. 

Investors were confident about the outlook for the economy, which has shown some improvement in key indicators such as trade deficit, remittances and exports. The local currency also remained stable and gained for the sixth consecutive session.

“There is a positive sentiment in the market, driven by optimistic expectations of an improved economic landscape,” said analyst Naveed Nadeem at Topline Securities. 

“This positive outlook is supported by anticipated financial inflows from the IMF and friendly countries. Additionally, there is speculation about a potential reduction in interest rates in the upcoming monetary policy committee meeting, further enhancing the positive environment.”

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