Apple’s Revenue Is Impacted by Pressure from Chinese Rivals

Apple revealed its largest quarterly decline in iPhone sales since the July-September period in 2020 during the pandemic, placing additional pressure on the tech giant to step up its artificial intelligence efforts. Apple iPhone sales for January-March dropped 10 percent year-over-year, as its top product faced increased competition from Huawei in China, Apple’s third-largest market. Apple’s quarterly revenue decreased 4 percent from the same period last year to $90.8 billion, marking the fifth dip in the past six quarters for the company. Apple’s $23.64 billion profit for the quarter represents a 2 percent reduction from last year. Still, Apple shares rose in after-market trading. Continue reading Apple’s Revenue Is Impacted by Pressure from Chinese Rivals

Apple Intros Spatial Video Recording with Latest iOS Update

Apple has released the iOS 17.2 update for newer iPhones. New features include spatial video recording and a Journal app that generates prompts designed to get users writing about their lives based on data running through the phone. The 3D spatial video can also playback on 2D on any device but is optimized for dimensional viewing on Apple’s Vision Pro headset, due for release in 2024, starting at $3,500. The Journal app, unveiled at June’s WWDC, is described as a health and wellness feature (that oddly does not yet integrate with the Apple Watch). Continue reading Apple Intros Spatial Video Recording with Latest iOS Update

Apple Rolls Out New iPhones, Watches, iCloud Plans and More

During yesterday’s Wonderlust new product showcase, Apple unveiled its new family of iPhone 15 models — the 15, 15 Plus, 15 Pro and 15 Pro Max (no SE or Ultra yet) — which all feature USB-C in place of the Lightning port. The company also revealed the Apple Watch Series 9 and Apple Watch Ultra 2 in addition to AirPods that include a USB-C port in the charging case. Apple announced that iOS 17, watchOS 10, iPadOS 17 and tvOS 17 will arrive on September 18, while the new macOS Sonoma will be available the following week on September 26. Higher storage options of 6 TB and 12 TB for iCloud plans were also introduced. Continue reading Apple Rolls Out New iPhones, Watches, iCloud Plans and More