French authorities approve Apple’s iPhone 12 software update
Friday, September 29, 2023 1:07 pm
French authorities said on Friday they had approved Apple’s software update of its iPhone 12 after a row over radiation levels of the device, which led France to suspend sales of the phones earlier this month.
Apple pledged to update the software to defuse a row over radiation levels from iPhone 12 handsets, after France suspended sales of the phones earlier this month following tests it said found breaches of radiation exposure limits.
Apple had earlier contested the French findings, saying the iPhone 12 was certified by multiple international bodies as compliant with global standards, but said on Sept. 15 it would issue a software update to accommodate the testing methods used in France.
The radiation warning in France was based on results of tests that differ from those carried out in other countries.
Industry experts said there were no safety risks as regulatory limits, based on the risk of burns or heatstroke from the phone’s radiation, were set well below levels where scientists have found evidence of harm.
Apple launched the iPhone 15 earlier this month and the iPhone 12 is not available to buy from Apple directly. It can, however, be bought from third parties that have inventory, or trade old phones.
MacDailyNews Take: When your iPhone 12 doesn’t connect to cell towers in France and whatever other EU vassal states join this misguided farce, blame French government doofuses, not Apple.
Apple no longer sells the iPhone 12, including in France [although some third parties still do sell used units], which was released nearly four years ago on October 23, 2020 and discontinued on September 12, 2023.
Ah, the wondrous expediency of government bureaucrats. – MacDailyNews, September 13, 2023
Beleaguered Epic Games lays off 870 employees
Thursday, September 28, 2023 12:40 pm
Beleaguered Epic Games, peddler of the “Fortnite” video game, is laying off 870 employees, Bloomberg News reports citing “people familiar with the matter.”
Jason Schreier for Bloomberg News:
The job cuts, which affect about 16% of its workforce, were announced in a memo to staff, said the people, who asked not to be named disclosing information that’s not yet public.
Employees who were affected by the job cuts will receive six months of severance and health insurance, as well as accelerated stock vesting.
Chief Executive Officer Tim Sweeney owns the majority of shares while the Chinese conglomerate Tencent Holdings Ltd. has a 40% stake.
MacDailyNews Take: Epically karmic.
Epic Games should be a lesson in business schools worldwide. They created a hugely successful game, “Fortnite,” and then its Chief Executive Moron Tim Sweeney decided his next genius move would be to burn untold amounts on litigation and bad PR campaigns in a failed crusade get all of the benefits of Apple’s App Store for free. That money wasted on lawyers and laughable ads could, and should, have been invested in growing the business, promoting “Fortnite,” paying employees, etc.
Now Epic Games employees reap what Tim Sweeney hubristically sowed.
Apple petitions U.S. Supreme Court to strike down Epic’s only minor win
Thursday, September 28, 2023 12:30 pm
Apple on Thursday petitioned the U.S. Supreme Court to strike down an order requiring Apple allow software developers to tell customers about alternative payment methods in its App Store the only “win,” however minor, in an antitrust case brought by beleaguered Fortnite-peddler Epic Games.
Stephen Nellis for Reuters:
The iPhone maker has been in a legal battle with Epic since 2020, when the gaming firm alleged that Apple’s practice of charging up to 30% commissions on in-app payments on iPhones and other devices violated U.S. antitrust rules. Epic lost on those claims at trial in 2021, but a U.S. District Court judge ruled that Apple’s practice of banning software developers from telling customers about alternative payment methods violated a California unfair competition law.
After the ruling, the trial court judge ordered that Apple must change those rules for all developers in its U.S. App Store. The U.S. Ninth Circuit Court of Appeal upheld the orders, though they remain on hold until the Supreme Court either makes a decision or declines to hear the case.
Apple on Thursday argued the lower court orders violate the U.S. Constitution because they overstep the powers of a federal judge.
MacDailyNews Take: The lower court orders are also just plain stupid. So, there’s that.
Hopefully, SCOTUS will [eventually] correct the 9th Circuit judge’s foolishness which is akin to a judge issuing an injunction that forces Best Buy and Target to place signs next to each product that advertise lower prices for the same items at Walmart.
Regardless, even if the Supreme Court ultimately rules against Apple, if developers like Epic Games want to advertise lower prices using Apple’s App Store, Apple should simply begin charging an “In-Store Advertising” fee, because that’s exactly what it would be. – MacDailyNews, July 27, 2023
Epic Games asks U.S. Supreme Court to review Apple App Store ruling
Wednesday, September 27, 2023
Apple to ask U.S. Supreme Court to quash App Store order in Epic Games case
Wednesday, July 5, 2023
Epic Games asks U.S. Supreme Court let Apple App Store order take effect
Thursday, July 27, 2023
Haaaa. What a joke
$AAPL That bullish RSI divergence identified at the lows yesterday is working nicely for Apple so far today!
By: TrendSpider | September 28, 2023
• $AAPL That bullish RSI divergence identified at the lows yesterday is working nicely for Apple so far today!
Read Full Story »»»
Apple $AAPL appears to be approaching a date with destiny, the 200D moving average...
By: Barchart | September 27, 2023
• Apple $AAPL appears to be approaching a date with destiny, the 200D moving average. Share price has already breached a level we highlighted a few weeks ago. Remember that as the largest market cap name, as Apple goes, so goes the market.
Read Full Story »»»
Apple $AAPL starting to fill the May gap with some bullish RSI divergence flashing into this new low...
By: TrendSpider | September 27, 2023
• $AAPL Apple starting to fill the May gap with some bullish RSI divergence flashing into this new low...
Read Full Story »»»
Don’t say I didn’t tell you 145 entry. Then BOOM 240 next june
In a win for Apple, India loosens planned restrictions on MacBook, iPad imports
Monday, September 25, 2023 3:15 pm
In a win for Apple, HP, and others, India is loosening its planned restrictions on imports of laptops, tablets and other IT hardware, giving manufacturers more time to prepare for potential curbs.
Sankalp Phartiyal for Bloomberg News:
The South Asian country is doing away with a compulsory licensing requirement for tech importers, and will instead only ask such companies to register under its so-called import management system, people familiar with the policy said. The system will start operating on Nov. 1, they said, asking not to be named as the matter isn’t public.
India is seeking to boost local production while trying to ensure sufficient availability of consumer electronics. The federal government last month shocked companies such as Apple and Samsung Electronics Co. as it announced a plan to curb laptop and tablet imports without a suddenly required license. A day later India’s trade regulator delayed the move by three months.
As part of the latest plan… the new rules won’t limit inbound shipments for about six to nine months, the people said.
A quota on imports could gradually kick in as companies begin to manufacture laptops, tablets and other hardware locally. The size of each company’s quota will depend on its local production, import of IT hardware as well as export of such products from India, the people said.
The planned new rules don’t apply to smartphones.
MacDailyNews Take: Giving companies some time to adjust before this plan kicks in should have been in place from its inception.
Apple is all in on India and we can see the company being granted exemptions or expedited licensing given that the company’s current push to diversify beyond China strongly involves significant manufacturing and assembly investments in India by Apple and their assemblers. – MacDailynews, August 8, 2023
India mandates licensing for MacBook, iPad, other laptop, tablet imports in ‘Make in India’ push
Thursday, August 3, 2023
Apple still mulling over its plans for India retail stores
Friday, August 12, 2016
Apple halts MacBook, iPad imports into India after sudden licensing demand
Friday, August 4, 2023
Apple assembler Pegatron halts iPhone assembly at India factory after fire
Monday, September 25, 2023 9:09 am
Apple assembler Pegatron temporarily halted its iPhone line at its facility in south India on Monday after a fire on Sunday night, Reuters reports citing “three sources familiar with the matter.”
The Taiwanese firm has called off all shifts for the day at the factory near the city of Chennai in Tamil Nadu state, and is yet to inform assembly workers whether the facility will function on Tuesday, two of the sources added.
Pegatron told Reuters in a statement that “there was a spark incident” at the facility that is currently under control, and the incident “does not have significant financial or operational impact” for the company.
While the facility has a production capacity of about 26,000 iPhones per day, it has been assembling about 8,000-12,000 iPhones per day in recent months, an industry source said.
A local official with the emergency responses department said multiple fire engines from various stations had to be brought in to douse the fire, taking nearly five hours.
“There are no injuries, no casualties, nor damage to other assets. The cause of (the) accident is currently under investigations by (the) relevant authority,” Pegatron said.
MacDailyNews Take: The good news is that the police source told Reuters that it was a “minor incident,” so hopefully it can get cleaned up and production can resume ASAP.
Apple supplier Pegatron boosts China workforce by 40 percent ahead of next-gen iPhone models
Thursday, May 9, 2013
Hon Hai, Pegatron on China hiring spree for next-gen iPhone assembly jobs
Monday, June 23, 2014
Apple medical experts say Pegatron factory death unrelated to working conditions
Thursday, December 12, 2013
Apple was just granted a patent for "Liquid Heat Exchanger For Electronic Device"
By: Evan | September 26, 2023
• Future Apple $AAPL iPhones could come with a new cooling system that uses magnets to circulate fluids and transfer heat - AppleInsider
Apple was just granted a patent for "Liquid Heat Exchanger For Electronic Device"
Read Full Story »»»
Apple, Inc. $AAPL r/s this week. Continues to hold 174 under that gap in play.. 21D has been a wall..
By: Options Mike | September 24, 2023
• $AAPL r/s this week. Continues to hold 174 under that gap in play..
21D has been a wall..
Read Full Story »»»
Woman gets stuck in outhouse toilet attempting to retrieve her Apple Watch
Thursday, September 21, 2023 2:27 pm
On Tuesday, September 19, 2023, at approximately 11:00 a.m. first responders were called to the Michigan Department of Natural Resources (DNR) boat launch at Dixon Lake for a woman stuck inside the outhouse toilet. The woman was heard yelling for help and told first responders she had dropped her Apple Watch in the toilet. She then lowered herself inside the toilet to retrieve it and could not get out.
Conservation Officers from the DNR, troopers from the Michigan State Police (MSP) Gaylord Post, and Otsego County EMS responded to the scene. The toilet was removed, and a strap was used to hoist the woman out to safety.
The woman did retrieve her Apple Watch.
The Michigan State Police remind everyone, “If you lose an item in an outhouse toilet, do not attempt to venture inside the containment area. Serious injury may occur.”
MacDailyNews Take: Even if it was a brand new Ultra 2, now it’s just a crappy Apple Watch.
MacDailyNews Note: The Apple Support document, “How to clean your Apple Watch,” is here.
Apple’s homegrown modem project is a spectacular failure – so far
Thursday, September 21, 2023 10:34 am
Insanely great, Apple’s multi-year project to build its own modem is not; other than at incinerating untold billions of dollars, that is.
Aaron Tilley and Yang Jie for The Wall Street Journal:
The 2018 marching orders from Apple increase; green up pointing triangle Chief Executive Tim Cook to design and build a modem chip—a part that connects iPhones to wireless carriers—led to the hiring of thousands of engineers. The goal was to sever Apple’s grudging dependence on Qualcomm, a longtime chip supplier that dominates the modem market.
The obstacles to finishing the chip were largely of Apple’s own making, according to former company engineers and executives familiar with the project… Apple executives who didn’t have experience with wireless chips set tight timelines that weren’t realistic, former project engineers said.
Apple had planned to have its modem chip ready to use in the new iPhone models. But tests late last year found the chip was too slow and prone to overheating. Its circuit board was so big it would take up half an iPhone, making it unusable… Executives better understood the challenge after Apple tested its prototypes late last year. The results weren’t good, according to people familiar with the tests. The chips were essentially three years behind Qualcomm’s best modem chip.
Investors had counted on Apple saving money with an in-house chip to help compensate for weak demand in the larger smartphone market. Apple — which hasn’t publicly acknowledged its modem project, much less its shortcomings — is estimated to have paid more than $7.2 billion to Qualcomm last year for the chips…
MacDailyNews Take: And so the bloodsucking Qualcomm extortionists keep on extorting, but, eventually, someday, Apple will get there. The company certainly has the money and the will and, now – maybe – a clearer idea, focused by failure, of what it will take to finally achieve the goal.
• Why can’t Apple manage to make its own modems? – September 11, 2023
• Qualcomm to supply Apple with 5G modems through 2026 – September 11, 2023
I think Apple is a great buy, the product demand is incredible and I’ve owned and traded it since 2010, it’s one of my top picks $AAPL
I say easy entry at 155-160 by mid october
Apple $AAPL Held the higher low for now, so do we head back to the top of this monthly range around ~$190?
By: TrendSpider | September 20, 2023
• $AAPL Held the higher low for now, so do we head back to the top of this monthly range around ~$190?
Read Full Story »»»
$AAPL Apple call sweepers hit these ITM leaps with nearly $7 million this afternoon ahead of FOMC!
By: TrendSpider | September 19, 2023
• $AAPL Apple call sweepers hit these ITM leaps with nearly $7 million this afternoon ahead of FOMC!
Read Full Story »»»
Apple planned a stock-trading service, but paused launch as markets slumped
Wednesday, September 20, 2023 9:29 am
Apple was prepping a new iPhone feature that would let users buy and sell stocks in partnership with Goldman Sachs, but Apple decided the timing wasn’t right as markets slumped and put the plan on pause, status unknown, CNBC reports citing “three sources familiar with the plans.”
Kate Rooney and Hugh Son for CNBC:
Apple was working on the investing feature at a time of zero interest rates during Covid, when consumers were stuck at home and spending more of their time and their record savings in trading shares, including meme stocks like GameStop and AMC, from their smartphones.
Apple’s conversations with Goldman began during that hype cycle in 2020, two sources said. Their work progressed, and an Apple investing feature was meant to roll out in 2022. One hypothetical use case pitched by executives involved the ability for iPhone users with extra cash to put money into Apple shares, one person said.
But as markets were roiled by higher rates and soaring inflation, the Apple team feared user backlash if people lost money in the stock market with the assistance of an Apple product, the sources said. That’s when the iPhone maker and Goldman switched directions and pushed the plan to launch savings accounts, which benefit from higher rates.
The status of the stock-trading project is unclear after Goldman CEO David Solomon bowed to internal and external pressure and decided to retrench from nearly all of the bank’s consumer efforts. One source said the infrastructure for an investing feature is mostly built and ready to go should Apple eventually decide to move forward with it.
MacDailyNews Take: This would be built right into Apple’s Stocks app, we assume, and work not just on iPhone, but also iPad, Mac, and maybe even Apple Watch (Apple’s Stocks app currently exists for all four platforms). If Apple moves forward, it’ll be bad news for Robinhood, TD Ameritrade, E-Trade, etc.
Apple Retail France workers call strike ahead of iPhone 15 launch
Wednesday, September 20, 2023 9:03 am
Four unions representing Apple retail stores in France have called for a strike on Friday and Saturday ahead of the iPhone 15 launch, demanding better pay and working conditions.
Geert De Clercq for Reuters:
“Management having decided to ignore our perfectly legitimate demands and concerns, the four unions of Apple Retail France …call for a strike on Sept. 22 and 23,” CGT Apple Retail said in a union front statement on social media platform X on Wednesday.
The unions also called for workers to demonstrate on Friday morning at the Paris Opera Garnier, which is next to one of Apple’s flagship stores in Paris.
CGT Apple Retail union member Karine Chouchane told French daily Liberation that Apple France workers may mobilise in three quarters of Apple’s stores in France.
MacDailyNews Take: The strike is expected to affect the majority of the 20 Apple Stores in France.
“The aim is not to blockade the shops, but to make people, both management and the general public, aware of the problem,” Albin Voulfow, CFDT union delegate for Apple Retail France, told AFP. He added that he expects customers to experience a “trickle-down effect” over the two-day strike.
The unions are demanding a 7% pay rise while Apple is proposing 4.5% on average. Workers at Apple Retail Stores are already among the most highly compensated retail workers in France, according to Glassdoor.
What is your opinion for so for upcoming year??
Hey Thanks I Just Ordered and I Look Forward To The iPhone 15 Pro Max $AAPL
Awesome Thanks $AAPL
Major U.S. carriers offer hefty Apple iPhone 15 launch promos to woo subscribers
Tuesday, September 19, 2023 3:13 pm
Major U.S. wireless carriers, including AT&T, T-Mobile, and Verizon, are offering substantial iPhone 15 promotions for customers, with variations based on the provider and the customer’s status (new or premium subscribers) in an attempt to woo new subscribers and minimize churn.
Craig Moffett, founder of MoffettNathanson, noted that this year’s iPhone promotions are the most generous to date. The top three carriers are offering free iPhone 15 Pro devices or discounts up to $1,000.
AT&T has increased its promotional values for both new and existing customers upgrading their devices compared to last year. In contrast, while Verizon has increased promotional values for those switching to their service, they have decreased benefits for existing customers upgrading their devices.
T-Mobile’s promotional values for customers switching or upgrading their services are 9% lower than last year. This reduction suggests T-Mobile’s confidence in gaining customers without excessive giveaways. On the other hand, AT&T is offering 8% higher promotions for similar customers…
MacDailyNews Take: As always, its a dogfight among carriers to attract and keep the best customers, iPhone users.
U.S. wireless price war! Big four carriers go all out with iPhone 6 deals
Friday, September 12, 2014
Sprint stands to gain the most from iPhone 7 promotions in U.S.
Monday, October 3, 2016
Apple’s iPhone Upgrade Program is already hurting AT&T and Verizon
Friday, November 20, 2015
From Instagram to High Times: Unpacking the Power of Vast User Networks
September 19 2023 - 08:45AM
Apple Inc. (NASDAQ: AAPL) designs, manufactures, and markets smartphones, tablets, personal computers and wearable devices. The company offers software applications and related services, accessories, and third-party digital content. Apple's product portfolio includes iPhone, iPad, Mac, iPod, Apple Watch and Apple TV. Earlier this year, the company acquired Mira, a Los Angeles-based AR startup that makes headsets for other companies as well as the U.S. military. Apple typically doesn't discuss acquisitions, but it did confirm the acquisition and issued the statement it traditionally provides when buying a company: "Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans."