Commentary Although I am not by nature a violent person, just irritable, it is probably for the best that I’ve never met whoever decided the original USB “A” plugs would only go in one way. For although I am not by education an engineering person, just a know-it-all, I am passionate about efficient and inefficient…
John Robson: EU’s Plan to Standardize on USB-C Ports Solves a Problem the Market Already Solved
Mizuho’s Bullish Re-Rating on PayPal Had an Apple Connection: Read to Know
Mizuho analyst Dan Dolev’s proprietary survey of PayPal Holdings, Inc.’s Venmo and Apple Inc. Apple Pay exhibited a “strong appetite” to tap to pay with Venmo if Apple opened up its near field communication to Venmo. Dolev estimates that tap-to-pay with Venmo could present a 10 percent total payment volume and 15 percent–20 percent sales upside given Venmo’s high in-store take…
Can India Overtake China and Become Asia’s Economic Engine?
Commentary U.S. President Joe Biden launched the Indo-Pacific Economic Framework for Prosperity (IPEF) on May 23. The pact, we’re told, “seeks to strengthen economic partnership amongst participating countries with the objective of enhancing resilience, sustainability, inclusiveness, economic growth, fairness, and competitiveness in the Indo-Pacific region.” Participating countries include South Korea, Australia, Brunei, Indonesia, Japan, Malaysia,…
EU Requires Electronic Devices to Use Common Charger
The European Union adopted a new plan on Tuesday that will require all smartphones and tablets to use a common charging port, placing Apple under the gun to adapt and abandon its customary Lightning charging port or lose access to European markets. The plan, which calls for all smartphones, tablets, and digital cameras to use…
Amazon Pulls Kindle out of Chinese Market
Foreign companies are leaving China. Now, Amazon has joined the trend, as Apple shifts iPad production from China to Vietnam. Is Shanghai easing lockdowns? Residents in one community enjoyed restricted freedom for just two days, before getting ordered back inside. Chinese military planes get dangerously close to a Canadian aircraft on a United Nations mission….
Predicted Features of Apple’s iOS 16 Ahead of Unveiling At WWDC
Apple, Inc. will hold its annual Worldwide Developers Conference from June 6-10, with the keynote scheduled for Monday. The company is expected to announce its newest operating system and other products during the keynote. The iOS 16, codenamed Sydney, will represent a significant upgrade, with several changes across the OS, Blomberg columnist Mark Gurman said. The…
Apple Defends App Store Policies
Apple Inc., facing mounting criticism of its App Store policies, has defended the platform on Wednesday citing the small-business jobs and revenue it generates, Bloomberg reports. The App Store is under intense scrutiny from government officials in the United States and Europe, which also have been after Meta Platforms Inc. and Alphabet Inc.. An Apple commissioned study found developers who earned…
Apple to Hike Wages Amid Tight Labor Market, Inflationary Pressures
May 26, 2022
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Apple has announced plans to raise salaries for U.S. workers by at least 10 percent in a tight labor market that’s pushing companies to boost wages to attract and retain workers who face growing cost-of-living pressures from high inflation. The tech giant said in a statement that it is expanding its compensation budget, hiking the…
1M Chinese Customers Unable to Access Bank Deposits
China’s ongoing lockdowns are driving foreign companies away—including Apple. Now the company is turning to nearby neighbors. Vacation rental company Airbnb is saying goodbye to the Chinese market after a several-year revenue struggle under China’s lockdown policies. Though multinational companies are planning to step back from China, some voices still say it won’t be easy…
Apple Projects Billions in Revenue Loss Over Supply Constraints from China Amid Lockdowns
May 22, 2022
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Beijing’s strict COVID-19 control policies have significantly limited Apple’s consumer product output, according to one of its suppliers. In April, the iPhone maker predicted that supply constraints would cost the company up to $8 billion in revenue for the current quarter. Taiwanese contract manufacturer Pegatron, one of Apple’s largest suppliers for specific iPhone models, on…
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