Apple loses $1 trillion status after soft holiday forecast
11/2/2018, 1:10:33 PMShares in Apple Inc fell 6 percent on Friday, cutting its market value back to l... ✔ Eight brokerages cut their price targets for Apple, but only one - Bank of America Merrill Lynch - cut its rating on the stock, to neutral from buy ✔ Time for investors to adjust to the new disclosures, analysts from the brokerage said ✔ Our Standards:The Thomson Reuters Trust Principles
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Hands-on with the new Macbook Air and iPad Pro
11/2/2018, 12:45:29 PMVergecast hosts Nilay and Dieter were able to attend Apple’s event in Brooklyn this week, so you can guess that’s what the crew talked about on this weeks show. ✔ Photo by Dan Seifert / The Verge Vergecast hosts Nilay and Dieter were able to attend Apple’s event in Brooklyn this week, so you can guess that’s what the crew talked about on this week’s show ✔ There’s a whole lot more in between that so listen to it all to get everything you need for this week in tech news
Apple redefines premium pricing
11/2/2018, 12:42:29 PMWelcome to the new reality of more expensive everything. ✔ The days of Apple's higher prices are here to stay ✔ Apple says the number of units sold in a three-month period is not necessarily representative of the underlying strength of our business, Apple's financial chief, Luca Maestri, said Thursday ✔ Taking It to Extremes: Mix insane situations -- erupting volcanoes, nuclear meltdowns, 30-foot waves -- with everyday tech
The iPhone has reached its peak, and now it's time to change how you think about Apple
11/2/2018, 3:09:34 PMApple's iPhone has reached its peak in terms of unit sales. The company now says it won't report unit sales because it's not a good measure of its overall growth and profitability. ✔ Translation: Apple's iPhone lineup covers a wide range of pricing options, from $449 for the lowest-priced version of 2016's iPhone 7 all the way up to $1,449 for the highest-priced iPhone XS Max ✔ Apple needs to be followed by consumer packaged goods analysts, says Jim Cramer 1 Hour Ago | 02:20
Apple has a clever way of stopping people from spying on you through your laptop
11/2/2018, 3:31:13 PMApple is using a security chip called T2 to protect your privacy and data on new Macs ✔ Read More Apple could launch its own CAR in just five years, leaks suggest The new Macbook Air For someone to use a computer to guess a AES 256 key would take a very long time ✔ Read More Latest Apple news iOS 12 now on half of all iPhones Apple original TV shows will be free Apple issues fix for charging issues Siri can't understand Welsh accent
Apple is set to open 6% lower after revealing a major shake-up of its quarterly reporting structure
11/2/2018, 1:05:30 PMFriday's stock plunge is a surprising stumble for Apple, which many were expecting to weather an otherwise painful earnings season for the tech sector. ✔ Top Wall Street analysts called the move a tough pill to swallow and said it could fuel fears the company has something to hide ✔ Bank of America Merrill Lynch downgraded the stock citing increased risk ✔ Hands on with Apple's new iPad Pro with Face ID and an edge-to-edge display 2:08 PM ET Tue, 30 Oct 2018 | 01:10
Jony Ive reveals how he created the new iPad
11/2/2018, 3:24:31 PMExclusive: Small designs lead to big changes in the completely redesigned tablet, designer tells The Independent ✔ The new products just revealed by Apple at a special event in Brooklyn this week have several things in common ✔ Many of us wouldn’t consciously say ‘this is the reason I’m fond of this’ but I do think as a species we are capable of sensing much more than we are capable of articulating
First Benchmarks Show MacBook Air Is Only a Bit Faster Than MacBook | Digital Trends
11/2/2018, 3:17:39 PMEarly Geekbench benchmarks for the new MacBook Air 2018 have already been spotted online. Performance testing results show the processor on board the device is just slightly faster than the one in the MacBook, but it packs considerably more power than last generation's MacBook Air devices. ✔ Julian Chokkattu/Digital Trends The 2018 MacBook Air was revealed by Apple on Tuesday, October 30, but early Geekbench benchmarks for the new laptop have already been spotted online ✔ Roughly, that accounts for a 24-percent performance difference against the newer Intel eighth-generation Amber Lake processor on the new MacBook Air
Apple iPhone XR vs. OnePlus 6T: Which lower-priced flagship rules the roost?
11/2/2018, 1:16:39 PMThe iPhone XR and OnePlus 6T are both powerful flagships that don't cost a ton, and both released in October. The similarities are pretty amazing -- has anyone ever seen them both in a room at the same time? For that matter, which is better? Which deserves your hard earned money? We found out. ✔ The iPhone XR, on the other hand, comes with just a single rear-facing lens a 12-megapixel lens that’s identical to the iPhone XS’s primary lens ✔ Grab it and you won’t be disappointed with its performance but if you prefer Android, or the lower price tag, you’ll also be served extremely well by the OnePlus 6T
Apple to stop putting number on iPhone sales as Tim Cook seeks to change conversation about company
11/2/2018, 3:24:54 PMSmartphone sales growth has been slowing, although Apple's price increases have allowed it to push revenues higher ✔ However, the company isn't issuing shares, but rather, shares held by Spotify's private investors will be sold AFP/Getty 6/8 The deadline to award a contract to make blue British passports after Brexit has been extended by two weeks following a request by bidder De La Rue
Apple stock falls after earnings as investors grapple with ‘Houdini-like move’
11/2/2018, 1:19:07 PMApple shares fall Friday, after the smartphone manufacturer beat expectations with its latest results but delivered a disappointing forecast and announced that it would no longer be providing unit-sales figures for the iPhone and other hardware products. ✔ Read: Apple predicts record holiday sales, but that isn’t enough to save stock Guggenheim analyst Robert Cihra seemed to buy into Apple’s commentary that the plan to no longer give unit numbers was devised with customers in mind ✔ We Want to Hear from You Join the conversation Comment
Apple will no longer report iPhone numbers after sales went to 0%, and analysts are worried the era of iPhone growth is over
11/2/2018, 12:13:19 PMIf Apple wants to hide the fact that it's worried the iPhone is going into decline, then not reporting numbers helps it avoid that negative PR. ✔ The installed base is the thing that is driving Services sales ✔ Some analysts have signalled in the past that they no longer trust Apple's numbers ✔ And in 2014, Barclays' Ben Reitzes had the temerity to ask Cook, Are you still a growth company ✔ This chart shows that iPhone is the majority of Apple's revenues
Apple’s Stock Drop Threatens Trillion-Dollar Valuation
11/2/2018, 1:46:20 PMShares of Apple stumbled in early trading Friday as investors fretted over the iPhone maker’s financial outlook for the important holiday quarter and the company’s decision to stop reporting device unit sales in future results. ✔ AAPL -4.05% stumbled in early trading Friday as investors fretted over the iPhone maker’s financial outlook for the important holiday quarter and the company’s decision to stop reporting device unit sales in future results ✔ Technology stocks, particularly those with sky-high valuations, have tanked in recent weeks
Apple's shares dip as firm says it will STOP reporting iPhone sales
11/2/2018, 1:56:25 PMThe California-based technology giant makes most of its money from iPhones, and sales numbers have been seen as a bellwether of the company's fortunes. ✔ Apple's shares dipped 6.5 per cent as the firm announced it will stop reporting how many iPhones it sells ✔ It will power the iPhone and iPad and packs a slew of new features aimed at improving your device's performance, as well as fun augmented reality tools
Why Apple shares are selling off
11/2/2018, 3:34:10 PMApple sell-off threatens $1 trillion valuation. ✔ Harvard Law School Distinguished Fellow Vivek Wadhwa on the future of Apple and Google employees staging a walkout ✔ Shares fell more than 6 percent – a decline that, if it holds, could threaten Apple’s status as the only U.S. company with a valuation of more than $1 trillion
Stocks to watch: IAG, Apple, Wirecard, Veolia, BAE Systems, ING
11/2/2018, 1:06:31 PMundefined ✔ Wirecard is perceived by some investors we speak to as a key payment processing player in the German ecommerce landscape, said Merrill ✔ But its analysis suggested that only five merchants from the top 100 in Germany used Wirecard as their processor, accounting for 1.2 per cent of total volume ✔ Read more Stocks rally on hopes for US-China breakthrough
Apple News will launch a real-time election results hub on November 6
11/2/2018, 2:11:38 PMApple is preparing to launch a new way for its customers to track election results. The company, on 8 PM ET on November 6, will swap out the existing Midterm Elections section in the Apple News app, and replace it with a new Election Night section instead. This section will also replace Apple News&… ✔ This will feature news from a variety of sources including Axios, Politico, The Washington Post, Fox News, CNN, The New York Times, CBS, and others ✔ Apple has been taking the opposite approach, by staffing up an editorial team of former journalists, insteading of leaving news curation to technology ✔ Apple News is available across iPhone, iPad, and as of this year, Mac devices
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Spotify starts testing its Apple Watch app
11/2/2018, 3:02:42 PMIt’s happening ✔ Snowy developer Andrew Chang revealed last year that Spotify had hired him to create a companion app using the company’s iOS SDK ✔ Google and Amazon both killed their Apple Watch apps, and Instagram and Twitter were axed too ✔ We’ve reached out to Spotify to comment on when this will be generally available, and we’ll update you accordingly
'Houdini-like metrics move': Here's what Wall Street is saying about Apple's decision not to reveal its iPhone sales | Markets Insider
11/2/2018, 12:46:24 PMundefined ✔ However the quarter itself took a back seat to the modestly softer December guidance that Cook & Co. gave on the heels of its much anticipated XS/XR iPhone product cycle which remains the linchpin of the Apple story for FY19 ✔ SEE ALSO: Photo by Chip Somodevilla/Getty Images 'Not as spooky as feared, but ghosts remain': Here's what Wall Street is saying about Facebook's decelerating growth
Apple dips below a $1 trillion valuation (AAPL) | Markets Insider
11/2/2018, 3:07:08 PMundefined ✔ Shares peaked at a valuation of $1.121 trillion on October 3, but fell as much as 11% as the broader stock market came under pressure in October ✔ The company briefly lost its $1 trillion valuation last month as shares dipped to a low of $206.09 ✔ Ives maintained his $310 price target and outperform rating
Apple drops 5% after tech behemoth unveils disappointing outlook
11/2/2018, 2:19:50 PMundefined ✔ The period includes the crucial holiday shopping season and is Apple’s biggest of the year ✔ Adding to the sense of angst, finance chief Luca Maestri unexpectedly announced that starting next quarter, Apple would stop reporting unit sales for iPhones, iPads and Macs, saying the metric was less relevant because of a wider variety of price points and models within each category ✔ Following the results a handful of analysts on Wall Street axed their price target on the stock
Stanford outlines its massive Apple Watch heart rate study
11/2/2018, 2:57:51 PMStanford and Apple got 400,000 volunteers for their atrial fibrillation study. ✔ Chris Velazco/Engadget The Apple Heart Study Stanford launched back in 2017 has garnered so much interest that it was able get 400,000 volunteers ✔ According to the CDC, AFib leads to 130,000 deaths and 750,000 hospitalizations every year in the US alone
Everything you need to know about Apple Black Friday deals | Digital Trends
11/2/2018, 1:00:56 PMWhether you're hopping online to do your Black Friday shopping or you're going to head to the stores in person, you'll have to be vigilant to find the best Apple discounts this year. We're here to help: Read on for everything you need to know about Apple Black Friday deals for 2018. ✔ The best Apple Black Friday deals to look out for will be items like the Apple Watch Series 2 and 3, iPhone 7 and 8 (and perhaps the iPhone X), and various iPads and MacBooks, particularly models from 2016 and 2017 ✔ Digital Trends may earn commission on products purchased through our links, which supports the work we do for our readers
Here are the 5 best deals on Amazon right now
11/2/2018, 3:06:50 PMOn Amazon this Friday, November 2, you can get great deals on a KitchenAid stand mixer, a MacBook Pro, Anker charging products, 23andMe DNA testing kit, and a hand mixer. ✔ Get the Certified Refurbished Apple MacBook (Mid 2017) 12 Laptop for $899.99 (Save $400) 3 ✔ Get the Braun HM5100 MultiMix Hand Mixer for $55.95 (Save $14) Check out ALL the best pre-Black Friday deals Prices are accurate at the time this article was published, but may change over time
Dow rises 160 points after jobs report, but Apple's sinking stock was hamstringing a stock-market rally
11/2/2018, 1:46:48 PMundefined ✔ Meanwhile, the S&P 500 index SPX, +0.55% rose 0.5% to 2753, while the Nasdaq Composite Index [: COMP] was flat at 7,435 ✔ The unemployment rate remained unchanged at 3.7%, while the report showed year-over-year wage gains rising to 3.1%, slightly above the consensus estimate of 3%
Apple’s Stock Is Tumbling as Analysts Fret About Emerging Markets and Less Transparency
11/2/2018, 2:24:25 PMThe iPhone maker’s weak guidance was one thing, but analysts are wary of slowdowns in countries such as India, Brazil, Russia and Turkey. Also, Apple will no longer disclose unit sales. ✔ In similar fashion, Goldman Sachs analyst Rod Hall blamed Apple’s weaker-than-expected guidance on international market volatility ✔ It sold 46.9 million iPhones in the fiscal fourth-quarter versus the 47.5 million FactSet StreetAccount estimate ✔ Abrupt loss of disclosure suggests weakness beyond one quarter
Wall St. higher for fourth day on trade deal hopes, but Apple drags
11/2/2018, 2:42:25 PMThe Dow and the S&P rose for a fourth straight day on Friday, lifted by strong e... ✔ The prospect of higher borrowing rates was one of the factors, along with tariffs and slowing global growth, that triggered a tumble in the stock markets last month ✔ Banks .SPXBK, which tend to benefit from higher rates, rose 0.75 percent, outpacing the gains in the broader financial sector ✔ Our Standards:The Thomson Reuters Trust Principles
Stock gains curtailed, with U.S. lower, on report U.S.-China trade...
11/2/2018, 3:59:57 PMConcerns that a trade deal between the U.S. and China may not be imminent reined... ✔ There is a long way to go on negotiations, the unnamed official told CNBC’s Eamon Javers, according to his tweet ✔ The pan-European STOXX 600 index rose 0.30 percent and MSCI’s gauge of stocks across the globe .MIWD00000PUS gained 0.13 percent ✔ Our Standards:The Thomson Reuters Trust Principles
As the stock market recovers, buy the FAANGs and other tech shares first
11/2/2018, 3:33:08 PMApple is cheap — but so are companies like Facebook, Alphabet and even Netflix ✔ Google parent Alphabet GOOG, -0.46% GOOGL, -0.71% certainly fits, at 23 times next year’s earnings ✔ Tim Mullaney Tim Mullaney is a commentary writer who covers the economy and corporate news ✔ We Want to Hear from You Join the conversation Comment
Smartphone industry falls into 'recession' as sales slump 8pc
11/2/2018, 12:07:23 PMThe rising price of smartphones has pushed the market into a recession, according to latest figures. ✔ The rising price of smartphones has pushed the market into a recession, according to latest figures ✔ The smartphone industry is struggling to come to terms with heavily diminished carrier subsidies, longer replacement rates, inventory buildup in several regions, and a lack of exciting hardware design innovation, Sui added
Palm phone review: an idea whose time may never come
11/2/2018, 12:13:17 PMFor such a tiny device, Palm’s got a heavy lift. On the face of it, the self-titled first product from the new startup with a familiar name isn’t too radical a departure from the smartphone set. In fact, the device resembles nothing more than a diminutive iPhone, right down to the camera placement … ✔ The display itself is 720p, which is going to be a tough transition, if you use a flagship device as your daily driver ✔ Ultimately, however, the device never truly answers the question of why it needs to exist, or how it will fit into users’ lives outside of a few minutes during the day ✔ Justifying all of that is a big ask from a little phone ✔ I’ll leave you with Lucy to mull over that possibility
Apple's Strong Earnings Outweigh Disclosure Change
11/2/2018, 2:30:56 PMServices are booming even if the number of iPhones sold stops growing ✔ Apple CEO Tim Cook cleverly suggested the clerk at the supermarket doesn’t ask how many units are in the shopping cart ✔ Importantly, Cook termed the government action, which has hit gaming titan Tencent particularly hard, a domestic issue having nothing to do with the U.S.-China trade spat ✔ If Apple’s shares fall Friday, and if the unit-measurement brouhaha is just that, this will have been a classic buying opportunity
US stocks open higher as job, wage gains buoy market
11/2/2018, 2:03:51 PMundefined ✔ The iPhone maker offered a disappointing outlook for sales in its holiday quarter and flagged less transparency in future about its unit sales, although fourth-quarter earnings surpassed estimates ✔ Robust hiring in the US may fuel expectations that the Federal Reserve will stick with its plan to raise rates for a fourth time this year in December
Alibaba Jumps, Kraft Heinz Slumps as Dow Soars on Trade Hopes
11/2/2018, 12:40:49 PMContinued optimism on trade has helped the market gain despite Apple’s tumble. ✔ Changing reporting structure always spooks investors ✔ There seems to be an adjustment period when the implicit agreements between the company and the street change ✔ Some of these companies added leverage in the recent era of ultralow interest rates ✔ And Kraft Heinz downgraded at Susquehanna this morning
S&P, Dow open higher on trade optimism; Apple hits Nasdaq
11/2/2018, 1:51:36 PMThe benchmark S&P 500 and the Dow Jones Industrial Average rose at open on Frida... ✔ Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., November 1, 2018 ✔ The S&P 500 .SPX opened higher by 5.08 points, or 0.19 percent, at 2,745.45 ✔ The Nasdaq Composite .IXIC dropped 10.04 points, or 0.14 percent, to 7,424.02 at the opening bell ✔ Our Standards:The Thomson Reuters Trust Principles
Stock-index futures pare solid gains after Friday jobs report
11/2/2018, 12:48:04 PMundefined ✔ Futures for the Dow Jones Industrial Average YMZ8, +0.79% were up 0.5%, a rise of 189 points, to reach 25,510, while those for the S&P 500 index ESZ8, +0.54% advanced 0.5% at 2,752 ✔ AAPL, +1.54% which disappointed investors on its call to discuss quarterly results late Thursday
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China is making the internet less free, and US tech companies are helping
11/2/2018, 1:14:40 PMWhile doing business in China, US tech companies must play by local rules — or face getting kicked out. ✔ When Apple launched the Product RED version of the iPhone 7 and 7 Plus in China, it removed any trace of the Product RED branding that’s designed to support AIDS-related charities, in what some critics say may have been a response to China’s anti-LGBT policies
Review: I tested the cute and reborn Palm--but do you really need a smartphone stand-in?
11/2/2018, 12:05:08 PMPalm is teaming up with Verizon on the cute new Palm handset, a something between a connected wearable and a smartphone ✔ Palm helped popularize the idea of a modern smartphone with its Palm Treo, but after failing to keep up with the iPhone and Android the company has been reborn ✔ Palm syncs up your regular phone through a feature known as NumberShare, which allows you to make or receive calls and send and receive messages using the same phone number
Bumper U.S. wage data cheers dollar, shares roar on trade hopes
11/2/2018, 1:24:49 PMWorld shares rallied on Friday on hopes that the United States and China were st... ✔ REUTERS/Staff Hopes Britain is closing in on a transitional deal for when it leaves the EU next year pushed sterling higher to $1.30, after enjoying its best day of the year on Thursday ✔ If the pound doesn’t skid later it will be its second-best week of the year so far ✔ Our Standards:The Thomson Reuters Trust Principles
This chart shows why trade-war fears are the biggest catalyst for the stock market
11/2/2018, 3:43:07 PMU.S. stocks have bursts from out of the doldrums after a nasty October period. And while experts have attributed a number of factors for the resurgence in equities, it appears that trade is the key impetus. ✔ I'm still telling client to prepare for a full 25% tariff on $517 billion of Chinese imports by mid-2019 ✔ The S&P 500 index SPX, -0.64% and the Nasdaq Composite Index COMP, -1.05% were both trading in the red, with a decline in shares of Apple Inc ✔ We Want to Hear from You Join the conversation Comment
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Tesla is what happens when you run a car company like a tech company
11/2/2018, 2:23:24 PMAnd sometimes that makes consumers freak out ✔ Generation X in action, folks you called them slackers and they never forgave you ✔ He’s very jazzed on trucks, which suggests that the car industry is rubbing off on him ✔ But there’s one hip mode of transportation Musk finds undignified tune in to find out what it is
The Morning Download: CIOs Must Maneuver to Attract Scarce Tech Talent
11/2/2018, 12:38:21 PMAccording to research firm International Data Corp., an estimated 30% of global IT jobs will be left open by 2022. ✔ A now hiring sign is posted on the window of a business on June 1, 2018 in San Francisco Sign up here for The Morning Download, and get the most important news in business technology emailed to you each weekday morning ✔ In female rats and male and female mice, the link between cancers and exposure to cellphone radiation was less clear
Analysis | The Cybersecurity 202: Trump takes harder line on digital security just before the midterms
11/2/2018, 12:10:24 PMHis attorney general announced a program to curb Chinese economic espionage. ✔ Come Wednesday, if there are still races that are too close to call, just a rumor campaign about possible election manipulation might be enough to cast doubt about the integrity of the results, according to Sanger ✔ Steve King fires back at Pittsburgh shooting question:
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