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19 September 2021
13:44 hour

MarketWatch First Take: Apple’s iPhone 13 upgrades are boring, but they will still sell

Market Watch

15/09/2021 - 02:16

Apple Inc.'s latest iPhone event was a snoozefest, but Apple will sell millions of the new smartphones anyway.


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Related headlines:

  1. : Apple to make video upgrades key focus of next iPhone launch: report (10/08/2021 - Market Watch)
    Apple Inc. plans to focus on camera upgrades, particularly around video, with its next iPhone launch, according to a report.
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  2. : Apple boosts FaceTime, messaging with iOS 15 software upgrades (07/06/2021 - Market Watch)
    Apple Inc.'s forthcoming upgrades for its iPhone operating system will aim to make FaceTime a more formidable competitor in the world of videoconferencing, while also adding new tools for messaging and photos meant to encourage greater sharing of content with friends.
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  3. iPhone 12 helps Apple sell more phones than Samsung for first time since 2016 (23/02/2021 - Financial Express)
    Apple is already cruising on the back of the iPhone 12 series and a new Gartner report adds more credence to the growing popularity of Cupertino’s latest and greatest iPhones.
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  4. iPhone 13 effect: Apple discontinues iPhone SE 2020 256GB model in India (16/09/2021 - Financial Express)
    The iPhone SE 2020 256GB model is no longer listed on Apple Online Store, similar to the iPhone 12 Pro, iPhone 12 Pro Max and iPhone XR.
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  5. With iPhone 13 launch, Apple discontinues what was once its ‘most affordable’ flagship iPhone (15/09/2021 - Financial Express)
    Much like the iPhone 12 Pro and iPhone 12 Pro Max, the iPhone XR has also been discontinued in India.
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  6. iPhone 13 rumour round-up: From faster chip to improved cameras, everything we know so far about Apple’s 2021 iPhones (14/07/2021 - Financial Express)
    Apple iPhone 13: Whether these features would be included in the new lineup or not, the company is preparing for its iPhone sales of the new model to be big.
    [visit article]
  7. UBS upgrades AAPL to 'Buy,' raises price target on iPhone stability & auto opportunity (31/03/2021 - Reddit Stocks)
    Investment bank UBS has upgraded AAPL to a "Buy" and raised its price target to $142, based on a stable iPhone backdrop and the possibility of Apple entering the car market. In a note to investors seen by AppleInsider, lead analyst David Vogt says that a "more stable long-term iPhone demand backdrop with better [average selling prices]" and Apple's "likely entry into the auto market" are driving the UBS revision on AAPL shares. The analyst says that, based on analysis, aggregate iPhone demand in 2021 and 2022 should be relatively stable. He doesn't believe there's a "supercycle" materializing, but he did raise his 2021 iPhone shipment forecast to 220 million, up from 215 million. Looking ahead to 2022, Vogt also raised his 2022 iPhone shipment estimate to 215 million, up 10 million. He attributes the bump to the "stickiness of the iPhone ecosystem." https://appleinsider.com/articles/21/03/31/ubs-upgrades-aapl-to-buy-raises-price-target-on-iphone-stability-auto-opportunity   submitted by   /u/chrisdh79 [link]   [comments]
    [visit article]
  8. iPhone 12 gets whopping Rs 14,000 price cut in India after iPhone 13 launch, iPhone 11 now selling for under Rs 50,000 (15/09/2021 - Financial Express)
    Apple has also discontinued the iPhone 12 Pro, iPhone 12 Pro Max and iPhone XR in India.
    [visit article]
  9. Apple betting on camera upgrades to fuel iPhone 13 sales (10/08/2021 - Seeking Alpha)

    [visit article]
  10. Why Apple's Stock Sell-Off Is A Golden Buying Opportunity $AAPL (11/03/2021 - Reddit Stock Market)
    Shanthi Rexaline , Benzinga Staff Writer Apple Inc. AAPL 1.65% shares may have taken a beating in the recent tech sell-off, but an analyst at Wedbush analyst said his conviction in the stock has only increased. The Apple Analyst: Daniel Ives has an Outperform rating and $175 price target for Apple shares, with the bull case price target at $225. Wedbush added the stock to its "Best Ideas" list. The Apple Thesis: After a stellar December quarter, when Apple managed to crush iPhone estimates, some cuts in the iPhone forecasts for fiscal year 2021 were discounted by the market, Ives said in a note. This is reflected in the stock's sell-off over the last month, the analyst said. Wedbush's Asia checks are markedly bullish, suggesting over 230 million units for 2021, he said. The initial build forecast for the iPhone 13 indicates the supercycle will continue into fiscal year 2022, Ives said. "Geographically speaking, demand in China looks strong coming out of the Chinese New Year and remains a linchpin to our Apple bull thesis." The analyst also sees continued uptick in ASPs due to a higher mix of the iPhone Pro and Pro Max, with the Mini being significantly scaled down around production/demand globally. With a $3-trillion valuation in sight for Cupertino, the recent sell-off in share creates a golden buying opportunity, according to Wedbush. AAPL Price Action: Apple shares lost 0.91% in Wednesday's session, closing at $119.98.   submitted by   /u/folkwoodswest [link]   [comments]
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  11. Why Apple's Stock Sell-Off Is A Golden Buying Opportunity $AAPL (11/03/2021 - Reddit Stocks)
    Shanthi Rexaline , Benzinga Staff Writer Apple Inc. AAPL 1.65% shares may have taken a beating in the recent tech sell-off, but an analyst at Wedbush analyst said his conviction in the stock has only increased. The Apple Analyst: Daniel Ives has an Outperform rating and $175 price target for Apple shares, with the bull case price target at $225. Wedbush added the stock to its "Best Ideas" list. The Apple Thesis: After a stellar December quarter, when Apple managed to crush iPhone estimates, some cuts in the iPhone forecasts for fiscal year 2021 were discounted by the market, Ives said in a note. This is reflected in the stock's sell-off over the last month, the analyst said. Wedbush's Asia checks are markedly bullish, suggesting over 230 million units for 2021, he said. The initial build forecast for the iPhone 13 indicates the supercycle will continue into fiscal year 2022, Ives said. "Geographically speaking, demand in China looks strong coming out of the Chinese New Year and remains a linchpin to our Apple bull thesis." The analyst also sees continued uptick in ASPs due to a higher mix of the iPhone Pro and Pro Max, with the Mini being significantly scaled down around production/demand globally. With a $3-trillion valuation in sight for Cupertino, the recent sell-off in share creates a golden buying opportunity, according to Wedbush. AAPL Price Action: Apple shares lost 0.91% in Wednesday's session, closing at $119.98.   submitted by   /u/folkwoodswest [link]   [comments]
    [visit article]
  12. iPhone 13, iPhone 13 Mini launched with A15 Bionic SoC and improved cameras: Specs, India price, other details (15/09/2021 - Financial Express)
    The iPhone 13 and iPhone 13 Mini will be available for pre-order starting September 17 (5:30 PM). Apple will start shipping them from September 24.
    [visit article]
  13. NewsWatch: Apple sees profit nearly double as iPhone sales boom (27/07/2021 - Market Watch)
    Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business.
    [visit article]
  14. Earnings Results: Apple sees profit nearly double as iPhone sales boom (27/07/2021 - Market Watch)
    Apple Inc. just posted its strongest June quarter ever, with a near doubling of profits and a huge revenue beat for its iPhone business.
    [visit article]
  15. iPhone 13 Pro, iPhone 13 Pro Max launched with 120Hz ProMotion display: Specs, India price, other details (15/09/2021 - Financial Express)
    Both iPhone 13 Pro and iPhone 13 Pro Max come with ‘sizeable’ hardware upgrades over their predecessors including a faster A15 Bionic system-on-chip and 120Hz ProMotion display, more capable camera system and improved all-day battery life.
    [visit article]
  16. : Here’s what Apple is expected to announce at its iPhone 13 launch event Tuesday (12/09/2021 - Market Watch)
    Fresh off a legal sting in its battle over App Store payment practices, Apple Inc. will be looking to refocus attention back on its technology with its upcoming iPhone reveal.
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  17. Apple iPhone 13 tipped to come with Apple Watch-like always-on display (19/07/2021 - Financial Express)
    iPhone 2021 lineup: This is also not the first leak regarding such a feature being added by Cupertino to its much-anticipated lineup this year.
    [visit article]
  18. iPhone market share drops to fourth position globally ahead of iPhone 13 launch: Report (05/09/2021 - Financial Express)
    The surge in Malaysia’s active Covid-19 caseload and the ongoing component and chip shortages are also likely to have hit Apple’s iPhone output.
    [visit article]
  19. Apple Plays it Safe With iPhone 13 (15/09/2021 - Reddit Stock Market)
    Shares of Apple (Nasdaq: AAPL) fell 0.96% Tuesday after the tech giant unveiled the iPhone 13 and several other products during its annual September event in California. Tech: Apple also introduced its newest iPad and Apple Watch at the event, as well as software updates. The announcements were not unexpected. Downfall: It wasn’t just Apple stock that suffered yesterday from the lackluster iPhone announcement. Shares of wireless telecommunication stocks AT&T (NYSE: T), Verizon (NYSE: VZ), and T-Mobile (Nasdaq: TMUS) all slipped Tuesday. Even iPhone suppliers such as Skyworks (Nasdaq: SWKS), Qualcomm (Nasdaq: QCOM) and Corning (NYSE: GLW) saw their stock prices decrease as well. Bigger Picture: While the iPhone 13 has some impressive features, there were very few surprises that investors could get excited about. Final Thoughts: It will be interesting to see if there’s an increase or decrease in iPhone sales for the holiday season this year. Hope you enjoyed this commentary. Please subscribe to Early Bird, a free daily newsletter that helps you identify investment trends: https://earlybird.email/   submitted by   /u/MrComedy325 [link]   [comments]
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  20. Apple iPhone Will Feature 'Unibody' Design In 2022, 'Periscope Lens' In 2023: Analyst $AAPL (09/03/2021 - Reddit Stock Market)
    Shivdeep Dhaliwal , Benzinga Staff Writer Apple Inc’s AAPL 3.53% smartphones are set to get camera upgrades in 2022 and 2023 that will make them more robust and increase their shooting capability, according to analyst Ming-Chi Kuo, AppleInsider reported Tuesday. What Happened: The iPhone will come with a “unibody” design in 2022 which will integrate the voice coil motor of its camera and the lens array, according to Kuo. This move could free up internal space in the device and increase the robustness of the smartphone made by the Tim Cook-led company, according to AppleInsider. Apple plans to add a telephoto camera on its high-end iPhones from a 6P lens array to a 7P stack in 2022 as well. The Cupertino, California-based tech giant is reportedly planning to move all its rear-facing iPhone lenses to the 7P stack in the coming years. The analyst said that, in 2023, Apple will introduce a telephoto lens design to the iPhone. This type of design helps to extend the focal length of a compact lens array, as per AppleInsider. Why It Matters: Kuo had previously made the prediction regarding the telephoto lens design and given a timeline of 2022. According to Kuo, Apple will also fine-tune iPhone’s optics this year and make the move from glass to plastic cover materials for Face ID. The company also plans to add a new telephoto lens to its high-end models which will come with a 6P lens stack, an improvement from the 5P design found currently, as per Kuo. See Also: Apple To Offer 1TB Storage Option In iPhone 13: Report Kuo said earlier in the month that Cupertino is likely to launch a foldable iPhone by 2023 which would feature a 7.5-8 inch display, as per MacRumors. The next generation of Apple iPhones could be a ‘game-changer,’ according to Wedbush, and will come with Lidar technology. Price Action: Apple shares closed almost 4.2% lower at $116.36 on Monday and gained 0.41% in the after-hours session.   submitted by   /u/folkwoodswest [link]   [comments]
    [visit article]
  21. Apple iPhone Will Feature 'Unibody' Design In 2022, 'Periscope Lens' In 2023: Analyst $AAPL (09/03/2021 - Reddit Stocks)
    Shivdeep Dhaliwal , Benzinga Staff Writer Apple Inc’s AAPL 3.53% smartphones are set to get camera upgrades in 2022 and 2023 that will make them more robust and increase their shooting capability, according to analyst Ming-Chi Kuo, AppleInsider reported Tuesday. What Happened: The iPhone will come with a “unibody” design in 2022 which will integrate the voice coil motor of its camera and the lens array, according to Kuo. This move could free up internal space in the device and increase the robustness of the smartphone made by the Tim Cook-led company, according to AppleInsider. Apple plans to add a telephoto camera on its high-end iPhones from a 6P lens array to a 7P stack in 2022 as well. The Cupertino, California-based tech giant is reportedly planning to move all its rear-facing iPhone lenses to the 7P stack in the coming years. The analyst said that, in 2023, Apple will introduce a telephoto lens design to the iPhone. This type of design helps to extend the focal length of a compact lens array, as per AppleInsider. Why It Matters: Kuo had previously made the prediction regarding the telephoto lens design and given a timeline of 2022. According to Kuo, Apple will also fine-tune iPhone’s optics this year and make the move from glass to plastic cover materials for Face ID. The company also plans to add a new telephoto lens to its high-end models which will come with a 6P lens stack, an improvement from the 5P design found currently, as per Kuo. See Also: Apple To Offer 1TB Storage Option In iPhone 13: Report Kuo said earlier in the month that Cupertino is likely to launch a foldable iPhone by 2023 which would feature a 7.5-8 inch display, as per MacRumors. The next generation of Apple iPhones could be a ‘game-changer,’ according to Wedbush, and will come with Lidar technology. Price Action: Apple shares closed almost 4.2% lower at $116.36 on Monday and gained 0.41% in the after-hours session.   submitted by   /u/folkwoodswest [link]   [comments]
    [visit article]
  22. : Apple iPhone event: New iPads include a price increase for iPad Mini (14/09/2021 - Market Watch)
    Apple Inc. kicked off its annual product announcement Tuesday with new iPads that included a lower starting price, while fans awaited news about the coming iPhone.
    [visit article]
  23. Apple reclaims global smartphone lead ahead of Samsung for first time since 2016 (22/02/2021 - Reddit Stocks)
    https://www.cnbc.com/2021/02/22/apple-beats-samsung-takes-global-smartphone-lead-in-q4.html Apple shipped more smartphones in the fourth quarter of 2020 than any other company, including its rival Samsung, according to an estimate from market researcher Gartner. It’s the first time Apple has been on top since 2016, according to the report released Monday. Apple’s latest iPhones weren’t even on sale for the entire quarter. Apple latest iPhone series have been performing well to attract people to do the trade in. iPhone revenue have been improving since the latest quarter, and with apple bet on ev, apple is trying to increase other revenue stream again. Apple trading under $130 is a good entry point.   submitted by   /u/coolcomfort123 [link]   [comments]
    [visit article]
  24. CLASSIC headline from Marketwatch after Apple OBLITERATES estimates. (29/04/2021 - Reddit Stocks)
    https://www.marketwatch.com/story/apples-mac-is-back-with-record-sales-but-how-long-can-that-last-11619655744?mod=mw_latestnews Tale as old as time. Whatever Apple does, it's not enough. No bit of brilliance in their sales, marketing, or "just one more thing" products seemingly can ever overcome the handwringers and "what if"-ers who get paid to pass along their nonsense opinions. It's been happening for YEARS. "Why isn't Apple buying Netscape/AOL/Palm/Blackberry/Tesla/Netflix/Disney?" "Have they lost their innovation edge?" "Has Steve Jobs run out of ideas?" "Can Tim Cook ever get 1/10th as brilliant and strategic as Steve?" and on and on and on. So yea, Marketwatch reporter, Apple had blow-out, call-your-mom, oh-holy-sh*t did you see that kinda earnings. I. Think. Apple. Will. Be. Fine.   submitted by   /u/VariationAgreeable29 [link]   [comments]
    [visit article]
  25. Apple India sees strong performance (30/04/2021 - Financial Express)
    As per analysts, Apple had a share of 48-49% in the premium segment with shipments of around a million devices during the quarter; iPhone 11 remains the highest selling device for the Cupertino-based company in India with strong demand for iPhone 12 too.
    [visit article]
  26. Apple iPhone 13 lineup will match iPhone 12 sizes, says noted analyst (01/03/2021 - Seeking Alpha)

    [visit article]
  27. Apple iPhone 13 showing stronger pre-orders in China than iPhone 12 (16/09/2021 - Seeking Alpha)

    [visit article]
  28. iPhone 12 series dream run continues as Apple grabs one-third of global smartphone revenue in Q1 2021: Counterpoint (21/05/2021 - Financial Express)
    Apple iPhone 12 series grabbed about 32 percent of the industry revenue in the first quarter of 2021.
    [visit article]
  29. Why Apple's iPhone 13 Could Be A 'Game Changer' With 1TB Storage Option, Lidar 12-month price target of $175, with the bull-case $225 (01/03/2021 - Reddit Stocks)
    The iPhone supercycle that kickstarted with the launch of Apple Inc's AAPL 5.08% iPhone 12 will likely continue well into 2022, according to analysts at Wedbush Securities. The Apple Analyst: Daniel Ives has an Outperform rating on Apple and a 12-month price target of $175, with the bull-case price target at $225. The Apple Thesis: The next iPhone iteration, namely the iPhone 13, will likely be launched around September, Ives said. Initial Asia supply chain builds for iPhone 13 are in the 100-million-unit range compared to the firm's initial iPhone 12 reads of 80 million, he added. "While this number will clearly move around over the coming months, we believe this speaks to an increased confidence with Cook & Co. that this 5G driven product cycle will extend well into 2022 and should also benefit from a post-vaccine consumer "reopening environment," Ives wrote in the note. The iPhone 13 will likely have a 1 terabyte storage option, double that of the current highest Pro storage capacity, the analyst said. It will also include a number of enhancements, with Lidar across all iPhone 13 models. Therefore, the iPhone 13 could be a "game changer" indicating the supercycle party in Cupertino is going well in 2022. AAPL Price Action: At last check, Apple shares were rising 5.22% to $127.59. Latest Ratings for AAPL DateFirmActionFromTo Feb 2021RBC Capital Assumes Outperform Jan 2021DA Davidson Maintains Buy Jan 2021 Deutsche Bank Maintains Buy https://www.benzinga.com/analyst-ratings/analyst-color/21/03/19914271/why-apples-iphone-13-could-be-a-game-changer-with-1tb-storage-option-lidar Shanthi Rexaline , Benzinga Staff Writer   submitted by   /u/folkwoodswest [link]   [comments]
    [visit article]
  30. The Wall Street Journal: Apple delays iPhone update that could scan devices for images of child sex abuse (03/09/2021 - Market Watch)
    Apple Inc. said it plans to delay and make improvements to new iPhone software that aimed to identify and report collections of sexually exploitative images of children, a move that comes amid backlash from critics concerned about the erosion of privacy with their devices.
    [visit article]
  31. Apple Fined $2M In Brazil For Shipping iPhone 12 Without Charger (22/03/2021 - Reddit Stocks)
    Apple Inc. (NASDAQ: AAPL) has been fined nearly $2 million in the Brazilian state of Sao Paulo for selling the iPhone 12 series without chargers. What Happened: Brazil’s consumer protection agency Procon-SP decided to fine Apple for the tech giant’s decision to remove the power adapter from the boxes of iPhone 12, MacRumors reported, citing Brazilian tech news outlet Tilt. The watchdog said Apple’s move violated the Consumer Defense Code, according to the report. The tech giant has also been fined for allegedly misleading consumers about the water resistance in iPhones and for declining to repair iPhones that suffered water damage under warranty. https://m.benzinga.com/article/20271423   submitted by   /u/gorays21 [link]   [comments]
    [visit article]
  32. Apple California Streaming Event 2021 LIVE Updates: iPhone 13, Watch Series 7, AirPods 3 and more expected (14/09/2021 - Financial Express)
    Financial Express Online is bringing you every Apple announcement as it happens from California Streaming Event 2021 live. Stay tuned for all things Apple, including iPhone 13, Watch Series 7, AirPods 3 and more.
    [visit article]
  33. Apple swinging to ‘Dum Maro Dum’ during iPhone 13 launch event sets hearts racing on Twitter (15/09/2021 - Financial Express)
    The Indian Twitter has been more interested in discussing the music that was used in the iPhone 13 promotional video.
    [visit article]
  34. Pegasus spyware: WhatsApp CEO wants Apple to do more to ensure privacy of iPhone users (27/07/2021 - Financial Express)
    According to Ivan Krstic, head of Apple security Engineering, although the threat of security breach exists the majority of Apple devices are safe.
    [visit article]
  35. : Apple slapped with antitrust complaint in Germany over new iPhone privacy settings (26/04/2021 - Market Watch)
    Apple faces an antitrust complaint over new iPhone privacy settings from a group of Germany’s largest and most powerful media and advertising companies.
    [visit article]
  36. GSAT: To the moon literally (31/08/2021 - Reddit Stock Market)
    Globalstar(GSAT) rocketed 64% and the volume went bananas yesterday. For those blue Monday stoners that were too sleepy to read the news yesterday. Here's a quick version of what happened, more details will be covered after it. There’s a rumor that Apple’s new Iphone will be featuring satellite communication. And you guessed it, Globalstar is gonna be their partner. How legit is this “rumor” tho? ???? ---Promise or non-Sense?--- Spreads of the Rumor? Ming-Chi Kuo, an well-known Apple analyst, mentioned this in his client note: The new iPhone 13 is "likely" to support low earth orbit satellite communication. Kuo also mentioned Globalstar is most likely to partner with Apple. The company has an existing satellite phone network of 24 satellites in low Earth orbit. Kuo gathers info from his contacts in Apple's Asian supply chain, and most of his past predictions are accurate. Makes him one of the most reliable sources when it comes to rumors of Apple. - Globalstar - Qualcomm - Apple In February, GSAT announced its partnership with Qualcomm in n53 band of the new 5G X65 modem. They also announced signing an agreement with an unidentified party to develop a new service. On the other hand, Bloomberg also reported earlier that Apple CONFIRMED the satellite feature in the new iPhone without mentioning the collab brand. Now, we all know Apple has used Qualcomm’s chips for iphone 12, and Qualcomm's modems are used in nearly every high-end phone in the US. There’s a huge possibility that GSAT & Apple are partnering up. - FOMO or Actual good buy? Based on all the facts, there’s a big chance the rumor could be true, which could be seen as the rising action for GSAT. Satellite tech is just on its way to the moon - not just a meme stock nor some random hype. I believe this is the time to get on the ride and earn yourself some new Iphone money.   submitted by   /u/PositiveKarmaaa [link]   [comments]
    [visit article]
  37. Apple’s massive success with CarPlay paves the way for automotive ambitions. (30/05/2021 - Reddit Stocks)
    'Apple introduced CarPlay in 2014 as a way to integrate the iPhone and a car’s dashboard. Since then, it’s become ubiquitous in new cars. Around the world, over 80% of new cars sold support CarPlay, Apple said last year. That works out to about 600 new models, including cars from Volkswagen, BMW, and Chrysler. Toyota, one of the longest holdouts, started including CarPlay in 2019 models. It’s also a top feature for many drivers and car buyers. Twenty-three percent of new car buyers in the U.S. say they “must have” CarPlay and 56% percent are “interested” in having CarPlay when buying a new vehicle, according to a 2017 Strategy Analytics study. When Ford’s highly anticipated electric F-150 goes on sale, it will support CarPlay. Apple was able to insert itself in between customers and car companies and make sure that its interface was the one that every iPhone user wants while driving. It’s an under-appreciated triumph for one of the world’s most successful companies. CarPlay doesn’t contribute direct Apple revenues or profits. But it ensures ongoing loyalty of iPhone users and gives Apple a pathway into the auto industry if it wants to expand.' Source and remainder of article: https://www.cnbc.com/2021/05/29/apple-carplay-massive-success-paves-way-for-automotive-entry.html   submitted by   /u/Karnes [link]   [comments]
    [visit article]
  38. Apple reportedly cutting iPhone 12 Mini production by up to 70 percent (11/03/2021 - Financial Express)
    The production of the iPhone 12 Mini has been cut by 70 per cent, making an overall 20 per cent cut in total iPhone 12 production.
    [visit article]
  39. Apple’s iPhone 13 MagSafe charger spotted online ahead of September 14 California Streaming event (08/09/2021 - Financial Express)
    However, according to the FCC filing, the new charger might offer the same 15W charging speed as the current model, when paired with an iPhone.
    [visit article]
  40. Apple has an advisory for motorcyclists: Doing this may damage your iPhone camera (12/09/2021 - Financial Express)
    Apple has laid out a detailed explanation about the issue.
    [visit article]
  41. Apple California Streaming event 2021: From iPhone 13 to Apple Watch Series 7 and AirPods 3, everything to expect (13/09/2021 - Financial Express)
    Financial Express Online brings you a round up of what can be expected at Apple event 2021.
    [visit article]
  42. iPhone 12 was world’s best-selling smartphone in January 2021, Xiaomi’s Redmi 9A also in top 10 list (11/04/2021 - Financial Express)
    iPhone 12, 12 Pro and 12 Pro Max accounted for nearly 71 per cent of Apple’s smartphone sales for January
    [visit article]
  43. Why Analyst Sees AirTags As A $10B Opportunity For Apple (25/04/2021 - Reddit Stocks)
    "Apple unveiled its Bluetooth trackers dubbed “AirTags” on Tuesday at its “Spring Loaded” virtual event. The product represents a $10 billion opportunity for Apple, according to Raymond James & Associates. The Apple Analyst: Raymond James analyst Chris Caso has an Outperform 2 rating on the Cupertino, California-based tech giant with a price target of $160. The Apple Thesis: Caso said that AirTags are akin to AirPods in terms of potential growth for the Tim Cook-led company as they would strengthen its ecosystem and encourage upgrades. “We believe this product category will have very broad appeal (who wouldn't pay $30 to not lose your wallet?), and as such could grow to become a $10 billion opportunity,” wrote Caso in a note Tuesday. In Raymond James' estimate, AirPods sell with an annual volume of nearly 70-80 million units. “At $30 per Air Tag (or $99 for 4), if Air Tags were to sell at a similar unit volume as AirPods, that would put annual AirTag revenue at $2 – 2.5 billion,” as per Caso. The analyst theorized that it is reasonable that AirTags would sell at a much higher unit volume compared to AirPods as users buy multiple units to tag items such as wallets and keys. “We wouldn’t be surprised to see AirTags grow to be a $10 billion business over time, putting that product close to AirPods in terms of revenue impact.” Precision AirTag tracking is only available for users of iPhone 11 and above and provides an incentive for users to upgrade, according to Caso. This month, Apple said it would let third-party companies use its “Find My” tracking network, which means third-party products can now be tracked using devices made by the Tim Cook-led company. Source: https://www.benzinga.com/analyst-ratings/analyst-color/21/04/20718393/why-analyst-sees-airtags-as-a-10b-opportunity-for-apple?utm_campaign=partner_feed&utm_source=yahooFinance&utm_medium=partner_feed&utm_content=site   submitted by   /u/Karnes [link]   [comments]
    [visit article]
  44. Android versus iPhone: Study reveals Google collects 20 times more user data than Apple (05/04/2021 - Financial Express)
    The researchers further found even with minimal configuration, both iPhone and Android models share data frequently.
    [visit article]
  45. Apple is offering free repairs for Watch Series 5, Apple Watch SE users facing this issue (16/02/2021 - Financial Express)
    Apple Watch: Users having Apple Watch Series 5 and Apple Watch SE had been facing issues where they were unable to charge the watches once they entered the Power Reserve mode for battery saving. However, now, Cupertino has released watchOS 7.3.1 in order to help fix this issue. Not only that, but the iPhone maker […]
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  46. iPhone 13 series pre-orders go live at 5:30 PM today: Check India prices, offers available and other details (17/09/2021 - Financial Express)
    Apple distributor Ingram Macro is will make the iPhone 13 series available at over 3,200 retail locations, while Redington will offer the phones in 3,500 locations.
    [visit article]
  47. Apple to hold ‘special event’ on September 14; iPhone 13, Apple Watch Series 7 expected (07/09/2021 - Financial Express)
    Apple on Tuesday announced that its next major fall 'special event' will take place on September 14 at 10:30PM IST.
    [visit article]
  48. Travel curbs help Apple India post highest sales growth in December quarter (15/02/2021 - Financial Express)
    For instance, the iPhone 12 (256 GB) costs Rs 15,065 more in India than in the UAE, while the iPhone 12 PRO (512 GB) costs Rs 35,377 more. Before the pandemic, there would be around 183 flights a week between India and UAE from over seven destinations in the country.
    [visit article]
  49. MarketWatch First Take: Ruling in Epic-Apple case could hit core of App Store, but Apple escapes monopolist label (10/09/2021 - Market Watch)
    An injunction and ruling in the much-anticipated Epic Games Inc case against Apple Inc. has the potential to cut to the core of profits in Apple's App Store, but a federal judge also said this specific case failed to show Apple was an illegal monopolist.
    [visit article]

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