Apple’s new iPhone 11 is experiencing a strong showing and could be the next big thing for Apple in China. The company is expected to absorb the US-China trade tariffs to keep business up and customers as well.
While the iPhone 11 Pro and 11 Pro Max are surely expensive starting at $999 and $1,099, respectively, the iPhone 11 starts at what, for a newly minted model, is a pretty reasonable $699, lower with a trade-in.
While there is no concrete plan to make any specific crypto moves, an Apple Pay executive has just confirmed that the company is paying attention to the sector. Hopefully and at some point, Apple Pay will support cryptocurrency.
Apple plans to borrow in the bond market for the first time since November 2017. The proceeds will go towards share buybacks, dividends, and other general corporate purposes.
In recent news, a Twitter account named AppleBeta2019 has shared a 10 page document from Apple, which reveals a substantial amount of information about the upcoming Apple product line-up.
According to the sources, the tech would utilize the Apple Watch’s motion sensor, heart rate monitor and noise detection to measure your quality of sleep. No other device will be needed.
As iPhone unit sales have slowed, Apple was partially relying on higher prices to make up the difference. Consumers are now less tolerant of the premium prices phone makers want for their newest devices.
Recently, Huawei announced that their new flagship phone line – Mate 30, will be launched on September 19, in Munich, Germany. The tagline for this launch event is “Rethink Possibilities”.
Gartner released their quarterly report on global smartphones which says that among the top five phone vendors, Huawei sales increased by 16.5% while Samsung added 3.8%, winning an overall 20,4% of market share.
Apple Inc.’s (AAPL) sales grew very little, and its profit fell by 13% in its latest quarter. The company however projected revenue for the current quarter that topped analysts’ estimates. Apple’s stock jumped 4%.