Earlier today, Factor Daily published this piece titled ‘Why Apple is destined to fail in India‘ written by Vivek Wadhwa. A similarly-worded article from the author also appeared on The Washington Post and VentureBeat a … Read more →
The Wall Street Journal’s Takashi Mochizuki is reporting that Apple’s next iPhone, the 10th anniversary edition, will have a curved display manufactured by Samsung.
Apple had been studying flexible organic light-emitting diode or OLED screens similar to those used by rival Samsung Electronics Co. and had asked suppliers for prototypes, The Wall Street Journal reported in November.
People with direct knowledge of Apple’s production plans said the Cupertino, Calif., company has decided to go ahead with the technology, and it will release a phone model using the OLED screens this year.
The most striking paragraph from the article is this one:
They said Apple would introduce other updates including a USB-C port for the power cord and other peripheral devices instead of the company’s original Lightning connector. The models would also do away with a physical home button, they said. Those updates would give the iPhone features already available on other smartphones.
This is absolutely bonkers.
Apple had their quarterly earnings call yesterday where they announced record first quarter results. The company posted all-time record quarterly revenue of $78.4 billion (compared to $75.9 billion in Q1 2016) and all-time record quarterly earnings per diluted share of $3.36 (compared to $3.28 in Q1 2016).
iPhone and Mac sales and revenue are up, whereas iPad sales and revenue is down compared to the year-ago quarter. Revenue from Apple’s Services business and from Other Products (includes Apple Watch and Apple TV) are also up.
During the earnings call, Brian White from Drexel asked,
I didn’t hear much mentioned about India. How did India perform with the iPhone, and how should we think about it for 2017, especially with the 4G network going up?
That’s a really good question. Despite the de-monetization move in India that created lots of economic pressure there last quarter, despite that, we had all-time record revenue results. And so we were very happy about that. The de-monetization impact has not worked its way through yet; it’s still definitely having some overhang, but I think in the longer term, it’s a great move. I feel really good about how we’re doing there. We are in discussions on a number of things, including retail stores and fully intend to invest significantly in the country and believe it’s a great place to be.
Apple has today sent out an email to iOS developers notifying them of upcoming changes to the pricing on the App Store. According to the email, the pricing of apps and in-app purchases (IAPs) will … Read more →