Macroeconomic uncertainties have not spared the high-and-mighty in the tech sector but an analyst is confident that Apple Inc. will outperform hardware revenue expectations in the September quarter. What Happened KeyBanc Capital Markets’ “First Look Data” showed strong high-value (over $399) credit card and debit spending by U.S. consumers in September. Indexed spending rose 11…
Apple Analyst Raises iPhone Revenue Estimates Despite Macroeconomic Uncertainties—2 Factors at Play
Apple Decodes iPhone’s Crash Detection as It Mistakes Rollercoaster Ride’s Twists and Turns for Real Emergency
Apple Inc.’s iPhone 14 Pro’s crash detection feature—that is supposed to automatically notify emergency responders if the user is involved in a car collision—was recently activated on rollercoasters. What Happened A few days ago, two Apple executives—Ron Huang, vice president of Sensing & Connectivity, and Kaiann Drance, vice president of Worldwide iPhone Product Marketing—explained how…
Woah? Apple iPhone 14 Crash Detection Activates on Roller Coasters
Apple Inc.’s newest smartphone line includes a crash detection feature that notifies emergency responders in case the owner of the device is involved in an automobile collision, but it also appears to be triggered by rollercoasters. What Happened Law enforcement was notified numerous times after iPhone users went on rides in amusement parks, according to…
Apple’s Global Manufacturing Strategy Tilts Towards India With Taiwan Factories Playing Leading Role
Apple’s latest phone model iPhone 14 is set to be produced and assembled in India, with Taiwan-based foundries Foxconn, Wistron, and Pegatron playing key roles. News that Apple has begun assembling iPhone 14 models in India, was released on Sept. 26 and is being seen as another indication that the tech giant’s global production strategy…
Stock Futures Fall After Apple Drops Plans To Boost iPhone Production Due To Lack Of Demand
Apple shares fell on Sept. 28, after the company dropped its plans to increase production of its new iPhone 14 this year due to suddenly reduced demand. According to an article in Bloomberg the day before, Apple executives admitted that the electronics giant had overestimated consumer demand for its new iPhone 14 model this holiday season….
Apple Says It Will Manufacture iPhone 14 in India
NEW DELHI—Apple Inc. said on Monday it will manufacture its latest iPhone 14 in India, as the tech giant moves some of its production away from China. The company launched the flagship iPhone 14 at an event earlier this month, where it focused on safety upgrades rather than flashy new technical specifications, with the exception…
Apple May Move a Quarter of iPhone Production to India by 2025: JPM
Apple Inc. may make one out of four iPhones in India by 2025, J.P.Morgan analysts said on Wednesday, as the tech giant moves some production away from China, amid mounting geopolitical tensions and strict COVID-19 lockdowns in the country. The brokerage expects Apple to move about 5 percent of iPhone 14 production from late 2022…
Lawmakers Call to Decouple From China
More Chinese communication companies are blacklisted, officially deemed a threat to America’s national security. U.S. lawmakers are pushing to decouple from China as part of efforts to counter the Chinese Communist Party. A key U.S. agency is getting a new climate cop who studied at a Beijing-controlled university. We dig into the official’s China ties….
Google Loses Challenge Against EU Antitrust Decision, Other Probes Loom
September 14, 2022
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LUXEMBOURG—Google suffered one of its biggest setbacks on Wednesday when a top European court upheld a ruling that it broke competition rules and fined it a record 4.1 billion euros, in a move that may encourage other regulators to ratchet up pressure on the U.S. giant. The unit of U.S. tech giant Alphabet had challenged…
Millions of Old iPhone Users Told to Install Emergency Update Now
A leading federal cyersecurity agency on Thursday urged users and administrators to update several older iPhone models and older MacOS versions due to a security flaw after Apple issued an update this week. Apple annouced this week it released security updates to address a vulnerabilityin iPhone 5s, iPhone 6, iPhone 6 Plus, iPad Air, iPad mini…
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