The days when people bought a new iPhone every two years are over, according to an industry analyst. In fact, many people are holding on to their handsets for twice that long.
That’s bad news for Apple’s bottom line, as faster upgrades mean more profits.
Apple is hiring in its media group devoted to audiovisual media. After digging through the company’s job openings in recent months, an analyst believes these new employees are for the anticipated Apple TV streaming service.
This company has been paying to have TV shows and movies produced for months, but has so far kept quiet about its plans. That’s expected to change soon.
If you’ve been thinking about investing in Apple stock, an analyst from Morgan Stanley says this is to time to do so. The price is already low, and not likely to go any lower.
There’s been bad news for Apple recently but that’s already priced into the stock.
Apple’s self-driving car development could be headed for a cliff. Maybe. A questionable report from industry analysts says that there are layoffs in this division and the whole project might even be scrapped.
The cause is supposedly the slowdown in iPhone sales caused by the weakening Chinese economy. The reduction in revenue leaves less room for non-core programs.
2019 isn’t shaping up to be an good year for Apple. A survey of potential customers in the U.S. and in China found lower interest in iPhone than last year.
Smart watches are currently the most popular form of wearable, but ear-worn devices are expected to replace them in the coming years. The changeover will take place as AirPods and similar products gain additional features that people now get from Apple Watch and iPhone.
In less than five years, so-called “hearables” could outsell every other type of wearable by a wide margin.
The iPhone XS and XS Max debuted last month, and some versions sold out almost immediately. But that doesn’t automatically mean they’re a huge hit. Still there’s new evideance that sales are strong.
Drawing on data compiled from over 1 million mobile apps, an analyst says that, during the first week they were available, Apple’s XS series outsold last year’s iPhone 8 and 8 Plus by 45 percent.
When it comes to iPhones, it appears bigger is much better. The iPhone XS series debuted on Friday, and a respected analyst reports the larger of the two is selling far, far better than its smaller sibling.
The analyst also reports that the new Apple Watch Series 4 is selling better than he expected.
The iPhone 8 display is 4.7 inches. Over the next few years, phone screen sizes are expected to grow to the point that only a tiny fraction will be that small.
Fortunately, it appears Apple is keeping up with the trend. In fact, it could be argued that the iPhone started it.
Most people are still leery about giving up their wallet. Only a small percentage of smartphone owners use their mobile to make purchases at brick-and-mortar stores. But attitudes are starting to change.
As a result, Apple Pay is growing strongly. Surprisingly, most of that growth is outside of the U.S.
