The drop in iPhone sales among Chinese consumers that hurt Apple so much last year is now a thing of the past, according to market analysts. The company saw five straight months of growth in that important region.
The number of smart speakers like Amazon’s Echo and Apple’s HomePod in use around the world is expected to keep growing strongly for years to come. It could pass 200 million in 2019, and pass 500 million in 2023.
Analysts from Canalys indicate the installed base of these devices is now surpassing the number of smartwatches in use. And smart speakers could even outnumber tablets before the end of 2021, they say.
The number of downloads from Apple’s iOS App Store declined slightly last quarter, according to a report from market analysis firm Morgan Stanley.
However, revenue from iOS software is increasing, up 15 percent year-over-year.
Americans about to purchase a handset are far more interested in an iPhone than in devices running the rival Android OS, according to a survey done by an industry analysis firm.
But the news isn’t all good for Apple. The same survey found only moderate interest in the company’s rumored streaming video service.
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.
