Tag: apple

Apple Offers Rare iPhone 15 Discounts in China Amid Slow Sales, Competition From Huawei, Xiaomi

Apple is offering rare discounts on its iPhone models in China, cutting retail prices by as much as CNY 500 ($70, or roughly Rs. 5,800) amid growing competitive pressure in the world’s biggest smartphone market.

The US tech giant cut prices of some iPhone models by 5 percent, its Chinese website showed on Monday. The time-limited promotion, branded as a Lunar New Year event, will last from January 18 through January 21 in a lead-up to the holiday in mid-February.

Sales of Apple’s latest iPhone 15 series of handsets have been far worse than previous models in China.

Home-grown rivals such as Huawei Technologies and Xiaomi offer competitive models, while sources have said some companies and government departments have been limiting staffers’ use of Apple devices – mirroring US government restrictions of Chinese apps on security grounds.

Chinese iPhone sales dropped 30 percent in the first week of 2024 versus the same period a year earlier, Jefferies analysts said in a client note, having fallen 3 percent for all of 2023. Analysts expect the competitive landscape to get tougher this year.

Apple has not cut prices for its latest iPhones in years. The cuts come after it surprised the market by not raising prices for the iPhone 15 series at its September launch.

Online shopping platforms including Pinduoduo have been slashing prices of the iPhone 15 and iPhone 15 Pro by as much as 16 percent since the beginning of the year.

Nicole Peng, senior vice president of market research firm Canalys, said the discounts did not come as a surprise as Apple is under pressure to boost sales globally, and especially in China, amid intensifying competition and Apple fans’ growing reluctance to upgrade.

“It is clear that Huawei is making a comeback,” Peng said, “Some Chinese consumers may return to using Huawei as driven by patriotism.”

Canalys expects Apple sales this year to stay flat worldwide while suffering a slight decline in China.

Apple did not respond to a request for comment.

© Thomson Reuters 2024

Apple launched the iPad Pro (2022) and the iPad (2022) alongside the new Apple TV this week. We discuss the company’s latest products, along with our review of the iPhone 14 Pro on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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iPhone 16 and iPhone 16 Plus to Get 8GB of RAM, Wi-Fi 6E Support: Report

Apple is gearing up to launch the Vision Pro mixed reality headset next month, but its most popular product — the iPhone — is set to arrive later this year. The iPhone 16 has already been subject to several leaks and rumours, from larger screens and enhanced cameras to AI features, and a dedicated button for taking videos. A new report claims that the iPhone 16 and the iPhone 16 Plus will feature more RAM and faster Wi-Fi capabilities, among other improvements.

According to a 9To5Mac report that cites a research note from analyst Jeff Pu, the iPhone 16 and iPhone 16 Plus will be powered by Apple’s 3nm A18 chipset. The Pro models in the lineup, on the other hand, will run on the A18 Pro processor.

The iPhone 16 and the iPhone 16 Plus are also getting a RAM boost. The two phones will reportedly get 8GB of RAM, a step up from the 6GB of RAM present on iPhone 15 and iPhone 15 Plus. Additionally, the two non-pro models will feature the Qualcomm X70 modem present on the entire iPhone 15 lineup, while the iPhone 16 Pro models will get the Qualcomm X75 modem. This would mean that the iPhone 16 Pro and iPhone 16 Pro Max could offer faster 5G speeds than the base iPhone 16 and iPhone 16 Plus.

According to the analyst, the two non-pro iPhone 16 models will also get Wi-Fi 6E support, currently supported only on iPhone 15 pro models, bringing fast speeds on Wi-Fi connections. The pro models could get support for the recently launched Wi-Fi 7, the report said.

The upcoming iPhone 16 Pro could also get an upgraded ultra-wide camera, with a bump in resolution — 12-megapixel to 48-megapixel — expected. Apple analyst Ming-Chi Kuo, too, had made similar claims earlier this month, stating the pro models would get a larger ultra-wide sensor. Kuo had also said that the iPhone 16 Pro would get a tetraprism telephoto lens to bring the phone’s optical zoom capabilities on par with the Pro Max model.

Meanwhile, Barclays predicted earlier this month that demand for the iPhone 16 will likely be slow and downgraded Apple’s stock from “neutral” to “underweight,” resulting in over $100 billion (roughly Rs. 8,33,210 crore) of the company’s market value being erased.

Apple is, however, likely to pack its next smartphones with features and improvements to lure customers to upgrade their iPhones. The iPhone 16 Pro models are tipped to get a larger display, with the iPhone 16 Pro‌‌ model said to sport a 6.27-inch (159.31 mm) display, while the ‌‌iPhone 16 Pro‌‌ Max said to get a 6.85-inch (174.06 mm) panel. This would mark an upgrade over the 6.1-inch and 6.7-inch panels of the iPhone 15 Pro and iPhone 15 Pro Max, respectively.

Apple launched the iPad Pro (2022) and the iPad (2022) alongside the new Apple TV this week. We discuss the company’s latest products, along with our review of the iPhone 14 Pro on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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Microsoft Pips Apple to Become World’s Most Valuable Company Amid Concerns Over Smartphone Demand

Microsoft’s stock market value ended a trading session higher than Apple’s for the first time since 2021 on Friday, making it the world’s most valuable company as worries about demand hit the iPhone maker’s shares.

Apple crept up 0.2 percent on Friday, while Microsoft added 1 percent. With that, Microsoft’s market capitalisation stood at $2.887 trillion (roughly Rs. 2,39,26,500 crore), its highest ever, according to LSEG data. Apple’s market capitalisation was $2.875 trillion (roughly Rs. 2,38,27,300 crore), calculated with data in a filing on Thursday.

Worries about smartphone demand have pushed Apple’s shares down 3 percent so far in 2024 after rallying 48 percent last year. Microsoft is up about 3 percent year to date after surging 57 percent in 2023 in a rally driven in part by its lead in generative artificial intelligence through an investment in ChatGPT-maker OpenAI.

Apple’s market capitalisation peaked at $3.081 trillion (roughly Rs. 2,55,34,600 crore) on December 14, according to LSEG.

Microsoft has incorporated OpenAI’s technology across its suite of productivity software, a move that helped spark a rebound in its cloud-computing business in the July-September quarter. Its AI lead has also created an opportunity to challenge Google’s dominance of web search.

Apple, meanwhile, has been grappling with tepid demand, including for the iPhone, its cash cow. Demand in China, a major market, has slumped as the country’s economy makes a slow recovery from the COVID-19 pandemic and a resurgent Huawei erodes its market share.

Sales of Apple’s Vision Pro mixed-reality headset start on February 2 in the United States, marking Apple’s biggest product launch since the iPhone in 2007. However, UBS in a report this week estimated that Vision Pro sales would be “relatively immaterial” to Apple’s earnings per share in 2024.

A handful of times since 2018, Microsoft has briefly taken the lead over Apple as the most valuable company, most recently in 2021, when concerns about supply chain shortages related to the COVID-19 pandemic hit the iPhone maker’s stock price.

Both tech stocks look relatively expensive in terms of price to their expected earnings, a common method of valuing publicly listed companies. Apple is trading at a forward PE of 28, well above its average of 19 over the past 10 years, according to LSEG data. Microsoft is trading around 32 times forward earnings, above its 10-year average of 24.

In its most recent quarterly report in November, Apple gave a sales forecast for the holiday quarter that missed Wall Street expectations, hurt by weak demand for iPads and wearables.

Analysts on average see Apple posting revenue up 0.7 percent to $117.9 billion (roughly Rs.9,77,100 crore) for the December quarter, according to LSEG. That would mark its first year-on-year revenue increase in four quarters. Apple reports its results on February 1.

Analysts see Microsoft reporting a 16 percent increase in revenue to $61.1 billion (roughly Rs. 5,06,400 crore), lifted by ongoing growth in its cloud business when it reports in the coming weeks.

© Thomson Reuters 2024

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Beeper Takes Down Beeper Mini App From Google Play Store After iMessage Saga: Report

Beeper Mini has been involved in a long-running saga of promising to facilitate iMessage to Android users, getting blocked by Apple, and finding repeated workarounds to make the service work. The messaging platform seems to be running out of options now, as the Beeper Mini app has reportedly been removed from Google Play Store. The latest development follows an announcement from the Beeper team last month that said the app had received its final update, pretty much giving up the fight to make iMessages reliably work on Android phones.

According to a report from 9to5Google, the standalone Beeper Mini app, which enables blue bubbles iMessage texting on Android phones, has been removed from the Play Store. The Beeper team announced the decision officially Thursday via a message to Beeper Cloud users.

The iMessage feature from Beeper Mini has also been moved to the ‘Labs’ section in the Beeper Cloud app. “We have moved iMessage to ‘Labs’ in Beeper Cloud and removed Beeper Mini from the Play Store,” the message to Beeper Cloud users reportedly said. While the Beeper Mini app is no longer available to download from Google’s storefront, it can still be sideloaded via the apk file available on the Beeper website. Beeper Cloud is still available on the Play Store.

Additionally, Eric Migicovsky, the cofounder of Beeper also provided further update on the company’s roadmap in the announcement message. According to the report, the company is working to add 14 other chat networks to the Beeper Mini Android app, which it calls its number 1 priority. “It’s a completely new app, with a new design, built for top speed and performance,” the message reportedly added. The company also said that improvements to the Beeper desktop app are on the way, including a performance boost.

Last month, Beeper announced a final update for the Mini app on its blog. After multiple workarounds and fixes to get iMessage working stably on Android phones, the company admitted that its efforts were “unsustainable” in the long term. The company said it was no longer going to issue fixes for its app if Apple were to disrupt the service. “As much as we want to fight for what we believe is a fantastic product that really should exist, the truth is that we can’t win a cat-and-mouse game with the largest company on earth,” the Beeper team said.

Apple, which has constantly blocked Beeper’s efforts to run iMessage on Android phones, has claimed that the Beeper Mini app poses “significant risks to user security and privacy.” The Beeper team, however, denies that claim, accusing Apple instead of monopolising the iMessage service to sell more iPhone.

Earlier in December 2023, Beeper Mini, after launching, getting blocked by Apple, and finding a workaround, announced that its new fix to run iMessage on Android phones would require Beeper users to access a Mac for registration.

Will the Nothing Phone 2 serve as the successor to the Phone 1, or will the two co-exist? We discuss the company’s recently launched handset and more on the latest episode of Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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Apple Vision Pro to Sell Out Quickly After February Release Due to Smaller Shipment, Analyst Says

Apple’s first wearable spatial computer — the upcoming Apple Vision Pro — might be sold out soon after it is released next month, a reliable analyst has predicted. The iPhone maker recently announced that the headset will be available in the company’s retail stores in the US on February 2, two weeks after customers will be able to preorder the mixed reality headset. Apple’s expensive mixed reality headset will run on visionOS, a new operating system designed for viewing immersive apps and content on the Apple Vision Pro.

TF Securities International analyst Ming-Chi Kuo predicts that Apple is producing between 60,000 and 80,000 units for the first shipment of the upcoming Apple Vision Pro. Due to the limited supply of the mixed reality headset, the analyst believes it will be sold out soon after the device is launched on February 2.

Apple’s Vision Pro headset has a high asking price — it is priced at $3,499 (roughly Rs. 2.90 lakh) in the US — but Kuo points out that Apple is yet to define the product positioning and its key applications. During its brief introduction at WWDC 2023, Apple showed off some of the capabilities of the headset, with users in a video presentation using the headset to view photos, take FaceTime calls, watch movies, work, and browse the Internet.

During the presentation, Apple’s innovative technology that uses an array of sensors and cameras gave users the impression that they could “control the user interface with their mind”, Kuo says, adding that the perceived experience along with heavy users of Apple products could ensure that the Vision Pro will be sold out after it is released next month.

Unveiled last year at WWDC 2023, Apple’s Vision Pro headset is equipped with high-resolution dual Micro-OLED displays that support both augmented reality (AR) and virtual reality (VR) content. The headset also features Apple’s EyeSight technology that can provide a visual representation of the wearer’s eyes while in AR mode.

The Vision Pro is powered by Apple’s M2 chip paired with a new R1 chip that is based on Apple’s second-generation M-series processor. The device has five sensors, 12 cameras, and six microphones. Customers who wear spectacles can purchase Zeiss optical inserts, which will allow them to use the Vision Pro when it is launched in the US. There’s no word from Apple on plans to bring the headset to other markets, including India.

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iPhone 13 to Be Available Under Rs. 50,000 During Amazon Great Republic Day Sale

Amazon Great Republic Day Sale 2024 will begin over the weekend and the e-commerce platform is set to offer several deals, discounts, and offers for customers. During the sale, customers can purchase several smartphones and other consumer electronics at discounted prices. If you’re looking to purchase an iPhone 13, the upcoming Amazon sale is one of the best times to buy the handset that was launched by the company in 2021, as its price is set to drop under Rs. 50,000.

The upcoming Amazon Great Republic Day Sale begins at 12am (midnight) on January 13 for Prime subscribers, while other customers will have access to the deals and discounts during the sale at 12pm (noon) later that day. During the sale, customers can purchase the smartphone at Rs. 49,999 via Amazon. The iPhone 13 is currently listed at Rs. 52,999 on the e-commerce platform. We can also expect offers related to iPhone 14, iPhone 14 Plus, and iPhone 14 Pro when the sale begins.

Customers can further lower the cost of the iPhone 13 by purchasing the handset via SBI Bank credit card and EMI transactions for an instant discount that lowers the price of the handset by Rs. 1,000. As a result, the price of the handset will drop to Rs. 48,999. Amazon is also offering up to Rs. 22,500 off on the price of the iPhone 13 upon exchanging an eligible handset.

Launched in 2021, the iPhone 13 sports a 6.1-inch Super Retina XDR OLED display with up to 1,200 nits of peak brightness. It is powered by Apple’s A15 Bionic chip. Apple does not officially reveal the RAM and battery capacities of its smartphones. The smartphone can be updated to iOS 17.2, the latest version of Apple’s operating system.

The phone is equipped with a dual rear camera setup, comprising a 12-megapixel wide-angle camera and a 12-megapixel ultra-wide-angle camera. It also has a 12-megapixel TrueDepth selfie camera on the front, alongside Apple’s array of sensors that enable support for Face ID. It supports 5G, 4G LTE, and Bluetooth 5 connectivity and has a Lightning port for charging and data transfers. It also has an IP68 rating for dust and water resistance.

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The Curious Case of Binance, Kraken Disappearing from Apple India’s App Store: Details

Apple’s App Store, as of Wednesday, January 10 is not showing a number of foreign crypto exchanges like Binance and Kraken in India. Several members of India’s crypto community posted screenshots of their Apple Store searches on X, showing no results on the App Store. The development comes at a time when the government of India is laying mega focus on making sure that all crypto firms operating in the country, are registered with the concerned authorities.

The overnight disappearence of these foreign exchanges from App Store comes around a week after the Indian government issued notices seeking updates on their legal compliance statuses. At the time, the Indian Financial Intelligence Unit (FIU) had urged to government to ban these crypto exchanges until they show how compliant they are with India’s crypto laws deployed so far.

Members of India’s crypto community are actively discussing on social media reasons and warnings behind the disappearance of these apps from Apple’s ecosystem in India. Along with Binance and Kraken, App Store searches on Mexc, Huobi, and Gate.io are also not shoing desired results.

The move seems to be a part of the regulatory efforts that India is undertaking in regards to the crypto sector, aiming to to address concerns related to tax evasion.

After India imposed taxes on crypto incomes last year, many Indian traders decided to move their deposits to offshore international exchanges. Indians have to pay a 30 percent tax on all crypto earnings and one percent TDS on all crypto transactions. As soon as these laws went live in 2022, Indian crypto exchanges recorded a nosedive in trading volumes.

The government now wishes to narrow the margin of crypto misuse for criminal activities and silently promote the use of native exchanges.

“By asking offshore exchanges to register with the FIU-IND, the idea is to increase compliance with Indian laws on taxation, Prevention of Money Laundering Act (PMLA) and KYC norms. This will help create a level playing field between Indian and offshore exchanges, fortify compliance guardrails and also enhance consumer protection. This is also better for consumer protection in India,” Ashish Singhal, Co-founder and Group CEO, PeepalCo told Gadgets360.

As of now, none of the affected international exchanges have responded to this development.

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Apple Supplier Foxconn Expects Quarterly Sales to Fall as iPhone Doubts Grow

Hon Hai Precision Industry warned of its fourth consecutive decline in quarterly sales after a 5.4 percent slide in the last three months of 2023 suggested consumer electronics demand remains muted.

The Taiwanese firm, also known as Foxconn, reported a steep 27 percent drop in December sales to NT$460.1 billion ($14.8 billion, or roughly Rs. 1,23,073 crore), concluding a NT$1.85 trillion quarter. It now sees sales falling in the current period as well, adding to concern about the latest iPhone generation’s momentum heading into the new year.

As Apple’s foremost iPhone assembly partner, Foxconn provides insight into broad consumer demand for personal tech. Apple’s iPhone 15 went on sale in September, to a mixed early reaction in key markets: the US saw it kickstart an upgrade cycle from earlier iterations while sales in China declined.

China will again be a focal point of challenges for the iPhone this year, as the ban on the handset and other Apple hardware at Chinese agencies and state-backed companies has widened and local tech giant Huawei Technologies is reclaiming market share with its premium Mate 60 series.

Foxconn has also been the subject of a regulatory investigation in China, which shook investors and the confidence of foreign companies operating in the country late last year. The Taiwanese device builder is facing a growing challenge from Chinese rival Luxshare Precision Industry, which is set to expand its iPhone production capacity.

iPhone sales volume is likely to grow 2 percent this year, short of the overall mobile market growth of 5 percent, according to Counterpoint Research associate director Liz Lee. Huawei’s smartphone sales, on the other hand, are expected to grow 37 percent. This week, Barclays and Piper Sandler cut theirs ratings for Apple due to soft demand for its latest iPhone.

Foxconn is reliant on Apple for the bulk of its revenue. Its cumulative sales in 2023 were NT$6.16 trillion, down 7 percent.

© 2024 Bloomberg LP

Apple launched the iPad Pro (2022) and the iPad (2022) alongside the new Apple TV this week. We discuss the company’s latest products, along with our review of the iPhone 14 Pro on Orbital, the Gadgets 360 podcast. Orbital is available on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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Apple Vision Pro Safari Browsing Interface With Multitasking, 3D Object Support Leaks Ahead of Launch

Apple is expected to launch its first wearable spatial computer — the Apple Vision Pro — in the coming weeks and details of the company’s mixed reality headset have begun to surface online. Ahead of the arrival of the Vision Pro, a user on X (formerly known as Twitter) recently leaked visuals of Apple’s Safari web browser running on the headset. The ability to resize and arrange browser windows or interact with and view 3D objects is also shown in the leaked demo.

X user M1 (@M1Astra) recently leaked a demo of Safari running on the Apple Vision Pro, giving enthusiasts an idea of what to expect from the company’s first wearable mixed reality headset. While Safari — and other web browsers on personal computers — display websites that are stacked on top of each other, accessible via tabs, the Vision Pro will allow you to view tabs in a 3D space.

The leaked video, which has since been taken down by X in response to a copyright-related takedown request, is still accessible via the user’s Discord channel. It shows how the Vision Pro displays smooth animations when switching between up to five tabs, and the names of the websites are displayed under each tab. You can also expand a window and visionOS — the operating system that runs on the Vision Pro — will show you all of your tabs at a glance.

Another feature shown off in the leaked Apple Vision Pro demo is the ability to interact with 3D objects in Safari. While Apple already allows users to place objects around them virtually on their phone’s screen using augmented reality (AR) on an iPhone, the Vision Pro will let you interact with 3D objects in Safari in a 360-degree view, even resizing it to get a better look at the object.

When it unveiled the Apple Vision Pro last year, the company only mentioned an “early 2024” launch timeline for the headset. Recent reports indicate that the company’s production is on track for the headset to go on sale in the US by the end of February. Since the headset was revealed at WWDC, Telegram Co-Founder Pavel Durov also teased the design of the app on the Vision Pro.

The Apple Vision Pro is a pricy device — it costs $3,499 (roughly Rs. 2.9 lakh) for the headset, while customers who require Zeiss prescription optical inserts will have to spend more money to use the headset. The Vision Pro will be available in the US at launch and will reportedly make its way to other markets over the course of the year, but there’s no word from the company on which regions it will arrive in.

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iPhone 16 Pro to Get Upgraded Ultra-Wide Angle, Telephoto Cameras; iPhone 17 to Sport New Selfie Camera: Kuo

Apple will equip the iPhone 16 Pro and iPhone 16 Pro Max — the company’s purported Pro models expected to release later this year — with an upgraded camera setup, according to TF Securities International analyst Ming-Chi Kuo, who claims that Apple will upgrade the ultra-wide angle camera on this year’s Pro models, while the smaller iPhone 16 Pro will be equipped with the tetraprism telephoto camera setup found on the iPhone 15 Pro Max. The company is also tipped to equip the iPhone 17 series with an upgraded selfie camera.

In a Medium post, Kuo states that Apple will upgrade the iPhone 16 Pro and iPhone 16 Pro Max from a 12-megapixel sensor to a 48-megapixel sensor — the sensor is expected to output 12-megapixel images that are pixel binned, according to Kuo, but the hardware upgrade will lead to improved image quality compared to the iPhone 15 Pro models.

The analyst says that Taiwan-based Genius Electronic Optical will be a major supplier of the ultra-wide angle lens on the iPhone 16 Pro models, and the firm is also on track to produce the tetraprism telephoto lens for the smaller iPhone 16 Pro model, bringing its optical zoom performance on par with the larger Pro model.

Last year, Apple equipped the iPhone 15 Pro with an upgraded telephoto camera that offers up to 5x optical zoom. Previous leaks suggest the iPhone 16 Pro will also be equipped with similar camera hardware that enables the same functionality. The iPhone 16 Pro is also expected to sport a larger 6.27-inch display, which should drive more users — an estimated increase of 5 to 10 percent — to upgrade when the phone arrives, according to Kuo.

Kuo also predicts that Apple will upgrade the iPhone 17 series with a new selfie camera from a 12-megapixel sensor with a 5P lens to a 24-megapixel camera with a 6P lens, improving the image quality “significantly”. As the primary supplier for the front cameras on the iPhone, Genius’ revenue is expected to rise significantly, Kuo says, as the price of a 6P lens is 100 percent to120 percent higher than 5P lenses.

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