Luke Dormehl - page 56

On Tuesday, it was announced that Phil Schiller, Apple’s senior vice president of worldwide marketing, will transition into a new role as an Apple Fellow. This honorary position is one that Apple recognizes for a person’s outstanding contribution to the company in some capacity.

But while many newer Apple fans may not be familiar with the role, it’s one that’s been part of Apple dating back to the 1980s — even if this is the first time in more than 20 years that Apple has inducted someone into the club.

Here’s what you need to know about the other Apple Fellows:

Apple Maps’ Look Around feature, the company’s answer to Google Street View, has expanded to its first international market. Look Around is now available for four of Japan’s biggest cities — including Tokyo, Kyoto, Nagoya, and Osaka.

Alongside the new 27-inch iMac, Apple gave its iMac Pro line a minor modification Tuesday. The pro-level desktop now comes with a 10-core Intel Xeon processor as standard.

Oprah Winfrey will be Apple News’ first ever “guest editor,” Apple said Tuesday. The role shows Apple deepening its relationship with the iconic TV host and entrepreneur.

Warren Buffett, the legendary investor and big-time Apple booster, now has a share of the company worth upward of $100 billion.

Even more impressive? Buffett’s firm Berkshire Hathaway reportedly spent on around $35 billion to secure its 5.7% stake in Apple. That’s a pretty darn great return on investment — and Apple’s only climbing higher.

President Donald Trump’s dispute with TikTok and other Chinese tech companies could wind up hurting Apple.

Trump threatened to ban TikTok from the United States if Beijing tech company ByteDance does not sell the app by Sept. 15. (Microsoft is in talks to acquire TikTok. Apple on Tuesday shot down a rumor that it was interested in buying the social media company.)

According to multiple reports, China could respond to the United States’ “bullying” over TikTok by hitting back in its own way. The language in the reports, some of which come from government-backed Chinese newspapers, is vague. However, others suggest Apple could be an obvious target of China’s wrath.

Apple is reportedly putting together a supply chain consisting of exclusively Chinese manufacturers to build iPhones for the China market.

This is at the same time that Apple is trying to expand its supply chain. That is partly so as to lessen its reliance on China. Apple has also been building iPhones in India which are aimed at the local market there.

The makers of secure email service ProtonMail are the latest developers to speak out about Apple’s control of the App Store.

In a blog post published Monday, founder and CEO Andy Yen wrote that Apple has become a “monopoly, crushing potential competitors with exploitative fees and conducting censorship on behalf of dictators.”

A company based in Shanghai has filed a patent-infringement lawsuit that could stop Apple from offering products with its Siri voice assistant in China, according to The Wall Street Journal.

The iPhone 12 release could be staggered, with certain models going on sale before others, a new report from Digitimes suggests.

This year, Apple is expected to release four iPhone models. These are likely to include a regular iPhone 12 in 5.4-inch and 6.1-inch models, and an iPhone 12 Pro in 6.1-inch and 6.7-inch variants.

Spending on mobile games in the App Store grew significantly over the past quarter, despite the coronavirus pandemic, a new report by Sensor Tower claims. Across the App Store and Google Play, global spending grew 27% year-over-year in the second quarter of 2020 to hit $19.3 billion.

Of the total revenue, the App Store made up $11.6 billion to Google Play’s $7.7 billion. That’s even though the App Store only making up a tiny 2.7 billion of the overall 15.1 billion app downloads in the quarter. As ever, the App Store is where the lion’s share of profits is to be made!

Despite pulling in record earnings last quarter, Apple reportedly asked the landlords of its U.K. retail outlets to cut their rent by a massive 50%, The Sunday Times reports.

The newspaper says Apple is also asking for a “rent-free period” as the COVID-19 pandemic plays out. In return, the company says it will extend its leases for a lengthy period — although some of the stores in question have several years left on their lease agreements.

Apple struck a deal with American Airlines to stream Apple TV+ shows during flights.

The agreement, which started this month, means American’s seat-back entertainment systems come preloaded with Apple Originals. These include The Morning Show, For All Mankind, Dickinson, Defending Jacob and seven more.

Apple shares hit a new all-time high Friday on the back of the company’s shockingly good Q3 earnings. AAPL closed up 10.47% at $425.04, fueled by Thursday’s record-breaking report.

Friday’s surge gives Apple a market cap of an astonishing $1.84 trillion, within spitting distance of the once-unimaginable $2 trillion valuation. And it makes Apple the most valuable publicly traded company in the world.

Like Steve Jobs? Have approximately $11,000 as a starting bid to pick up some memorabilia to prove as much? Then you could be in the market for a Jobs-autographed October 1989 copy of Fortune magazine autographed by the Apple co-founder.

The magazine, which was signed for one of Jobs’ former chauffeur drivers, is going up for auction this week. And it comes complete with a story of Jobs being, well, Jobs.

Update July 31, 2020: The copy of Fortune that Steve Jobs reluctantly signed for his chauffeur sold for $16,638 on Thursday, significantly above the minimum bid.

Apple opened its second and largest retail location in Thailand Friday. Located in Bangkok’s famous Ratchaprasong, the new store is spectacular even by the high standards of existing Apple Stores.

“In December, I visited the team in Bangkok as construction was underway, and I know they can’t wait to help our customers and to share this special space with the whole community,” Tim Cook tweeted in celebration.

Apple Watch Series 6 reportedly will come with a blood oxygen sensor capable of measuring the amount of oxygen being carried by a wearer’s red blood cells.

Making sure the balance of oxygen-saturated blood is at the correct levels is crucial to a person’s health.

Apple TV+ today released the latest episode of its series Little Voice.

Producer J.J. Abrams’ series, created with songwriter Sara Bareilles and writer Jessie Nelson, is about aspiring singer Bess King and her attempts to forge a path for herself as a singer.

Alongside the new episode, Apple TV+ also has the first two episodes of Oprah’s new show The Oprah Conversation.

Apple has defied the odds by consistently growing its business through the COVID-19. But just how amazing that is isn’t apparent until you compare Apple’s iPhone success in Q2 to other smartphone makers.

According to a new report by research company Canalys, Apple was the only vendor to grow its smartphone shipments during the April through June quarter. Apple shipments increased 25% from the previous year. That made it the only smartphone maker to experience positive growth during the period.

Facebook is concerned that one of the big new features in iOS 14 will hurt the social networking giant’s ad-targeting business model.

As reported by CNBC, Facebook CFO David Wehner said Thursday that Apple’s new feature for the upcoming operating system, which allows users to see how activity is being tracked across apps and websites, will make things tough on Facebook ads.

For the second time, a season of The Morning Show is having to be completely rewritten to reflect sweeping global changes.

The Apple TV+ show had to be virtually rebooted prior to the filming of Season 1 due to the #MeToo movement and the firing of TV host Matt Lauer as the result of sexual impropriety accusations. Now Deadline reveals that Season 2 is also being rewritten — this time to reflect the COVID-19 pandemic.

Apple agreed to halve its App Store fee for Amazon so the company would bring its Prime Video app to iOS and Apple TV, emails reveal (.pdf).

Apple exec Eddy Cue and Amazon boss Jeff Bezos personally negotiated the deal in 2016, it was revealed during Wednesday’s antitrust hearing looking into tech giants’ business practices. They agreed that Apple would get a 15% revenue cut from day one for customers who signed up through the app. Apple normally gets a 30% cut for the first year of an app’s subscription. It then claims a 15% commission for subsequent years.

Popular secure messaging app Telegram filed a formal antitrust complaint with the European Union over App Store practices, the Financial Times reports.

In a complaint addressed to EU competition chief Margrethe Vestager, Telegram’s creators argue that Apple must “allow users to have the opportunity of downloading software outside of the App Store.”

Apple’s 30% commission on certain apps is one of the main areas Apple CEO Tim Cook was grilled on during Wednesday’s U.S. House Judiciary antitrust subcommittee hearing.

However, according to internal emails revealed as part of the inquiry, Apple previously considered increasing its cut from 30% to 40% in some cases.

Spotify’s Q2 earnings showed largely positive growth, although the streaming music giant suffered a 21% decline in ad revenue and a 48% rise in operating costs due to deals like its $100 million licensing deal for The Joe Rogan Experience.

Total monthly active users on the platform grew to 299 million, while paid subscribers increased to 138 million. Apple Music, which does not operate a free listening tier (outside of Beats 1 radio), last reported 60 million paid subscribers in June 2019 when it had passed 60 million.