Text sizeAustria's AMS was one of many Apple suppliers hit by soft iPhone sales last year. "We expect AMS' industrial, medical, and automotive revenue to grow at a midteens average annual pace through 2022," states a recent report from Morningstar. Read more: Apple Supplier Stocks Take Another Hit as iPhone Sales Weaken in ChinaMoving into these markets will hold a number of benefits for AMS beyond diversification. The design cycle for automotive/industrial/medical products can take years before it boosts revenue, Sherwood says. Newsletter Sign-upSherwood says the stock is worth 54 Swiss francs ($54), almost double the recent price.
Apple Could Eliminate the Wall Between iPhone and Mac Apps by 2021
Apple could be planning a big change in how you get apps on the company's devices, according to a new report. Combining Apple app development in one is something rumormongers have been touting for years. For Apple, it would streamline its App Store and potentially boost revenue by syndicating apps to all of its devices. But in the past, Apple CEO Tim Cook has brushed aside calls for Apple (aapl) to merge its mobile and computer products. According to Bloomberg's report, Marzipan is careful to focus on app development processes and not actually combine Apple's iOS-based devices with its macOS-based products.
iPhone Sales Fears After Apple Slashes Estimates
as declared in Simply put, Apple under Cook has essentially delivered just two new iPhone designs in eight years: the iPhone 6 (which looked identical across four generations) and the iPhone X (which will look identical until 2020). Around them, you have the iPhone 5 which simply stretched the iPhone 4 and 4S design introduced under Jobs by 0.5-inches and the Plus/Max/XR models which enlarge iPhone 6 and iPhone X designs. And the fact Cook cites Apple's battery replacement program as a significant source of lost sales ties all this together. The launch of three models in 2017 (iPhone 8, iPhone 8 Plus, iPhone X) failed to boost sales compared to two models in 2016 (iPhone 7, iPhone 7 Plus) and now three iPhone X-inspired models in 2018 coupled with unprecedented official price cuts and somewhat misleading front page pricing have done nothing to arrest the slide. iPhone XS Vs iPhone XR: What's The Difference?Apple & Alipay launch interest-free $30 per month iPhone deal in China
In a sign of how eager it is to revive Chinese iPhone sales, Apple has made a pact with Alipay to let shoppers borrow money interest-free for Apple purchases and pay it back in 24 monthly installments. That means that all recent iPhones qualify, since even 2017's iPhone 8 starts at 5,099 yuan ($758). 2018's iPhone XR is at least 6,499 yuan ($967).Apple began offering a similar financing deal last month, but only at its Chinese retail outlets, limiting its reach. Alipay conversely has over 700 million users, and its Huabei service — effectively a virtual credit card — is even letting people temporarily increase their credit limits to buy Apple products. People must take advantage of the Alipay offer by March 25.Apple saw its December-quarter Chinese revenues plummet 26.7 percent year-over-year, something it blamed squarely on iPhone sales.
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