Foxconn has been forced to make preparations for life after Apple following reduced demand for the iPhone and other iOS devices which has caused the company’s revenue to nosedive, The New York Times reports.
The manufacturer has been doing well off the back of Apple’s hugely successful devices in recent years, which have been contributing at least 40% of its revenue, according to analyst estimates. But after suffering a 19.2% drop in revenue during the first quarter of the year, thanks to declining iPhone and iPad orders, Foxconn is now looking at ways in which it can be less reliant on Apple.
Hulu.com has long enabled us to watch our favourite content when we want on our computers. But what if you could add a whole other layer to your Hulu experience – one that gives you unlimited streaming on a myriad of devices, with access to entire seasons of your favorite series – and all in high-definition?
Russian billionaire Alisher Usmanov has revealed that he recently spent $100 million on Apple shares in anticipation that they will rebound. The 59-year-old believes that Apple is a “very promising” investment, despite the current share price being almost 40% off its peak last September.
Apple’s quarterly profit probably fell for the first time in over a decade, thanks to new products with lower profit margins and a slowing demand for the iPhone, Bloomberg reports. Fourteen analysts have reduced their estimates for Apple in recent weeks, and on Friday, the Cupertino company’s share price fell below $400 for the first time since December 2011.
Brian White, an analyst with Topeka Capital Markets, brings us a crazy new rumor about the much-anticipated Apple television today following recent meetings with supply chain sources in China and Taiwan.
White claims that the “iTV” will finally launch during the second half of 2013, and that it’ll come with a miniature device called the “iRing”, which the user will wear on their finger to act as a pointer. The device will enhance the motion detection experience and take over some of the functions of the traditional remote control, apparently.
Apple is gearing up to send its much-anticipated “iTV” into mass production during the second half of this year, according to sources in the Cupertino company’s supply chain, who have been speaking to DigiTimes. The set will reportedly boast a 4K “Ultra HD” display with a 3840×2160 resolution, and it’ll be controlled by voice and motion.
Bloomberg recently revealed that Apple has a team of 100 people working on its new iWatch, and according to its latest report, the Cupertino company is hoping to launch the device this year. The smart wristwatch, which could make calls, provide maps, and offer a pedometer, is expected to become more profitable than Apple’s much-anticipated television set.
Apple is said to be preparing three new iPhone handsets for launch during 2013, two of which will appear in June, China Times reports. In addition to a slightly updated iPhone 5S, the Cupertino company is expected to unveil the “iPhone Math,” a larger device with a 4.8-inch display. Both devices are to offer improved internals and an 8-megapixel rear-facing camera.
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