|Exam Name||:||Apple Desktop Service Certification|
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|Updated On||:||April 19, 2019|
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Apple’s new gaming carrier is called Apple Arcade, which you, O loyal Macworld reader, may also respect as the name i use for my column on Mac and iOS gaming. I suppose we are able to without problems declare the column lifeless.
It’s a groovy name, even though, and what Apple showed us on stage at its “show time” experience looks like a fab carrier. beginning someday within the fall, you’ll be able to pay Apple an unspecified subscription fee that can provide access to round one hundred “new and exclusive” games. none of the games can have in-app purchases, and they will only be playable on iOS devices and Macs. all of the games could be purchasable offline.
this is all wise stuff as video games had been among the many primary drivers of salary for the App store for years now. Apple Arcade could be a sign that Apple is at last taking games significantly, and right here’s why I’m anticipating that.You’ll be able to play the equal games on iOS and macOS
in response to Apple, you’ll be able to cease enjoying a video game on an iPhone after which pick up the place you left off on iPad. that you could already do that with iOS games, however Apple casually dropped that we’d be able to try this with Macs as well. That’s right, that you may cease taking part in a game on a Mac after which select up where you left off for your iPhone.Apple
Apple Arcade may have its own tab within the iOS App keep. It’s likely secure to anticipate the Mac App save will have one, too.
Some video games that require an online connection already permit this—similar to Hearthstone—but Apple is underplaying what a massive shift here's. indeed, it could be a delicate trace that iOS 13 will introduce Apple’s “Marzipan” service, which aims to make it more straightforward for developers to code for each iOS and macOS. As some video games will always be less difficult to play on a normal laptop in preference to a smartphone or tablet, it’ll be awesome to have the option.Apple is specializing in ‘creative’ games, which is a useful niche
certainly, not one of the video games Apple confirmed off these days had been of the brutal, bloody, event diversity that so frequently signify “AAA” games. instead, many had been greater “creative” creations, comparable to Monument Valley, that emphasize inventive vogue over graphical complexity. in a single case, we saw the place playing cards Fall—an isometric coming-of-age story. In an additional, we saw practical, which includes manipulating swarm habits, like the category present in a faculty of fish or a murmuration of birds. As Apple itself pointed out, these are the styles of games that always win awards.
now not all of the games Apple showed today are from fairly imprecise indie builders, as Apple is additionally funding storied skill similar to Hironobu Sakaguchi, creator of the remaining fantasy sequence. different recognizable names involved with Apple Arcade consist of Disney, Konami, Annapurna Interactive, and Devolver Digital. It’s an appropriate direction for Apple, too. individuals nonetheless affiliate Apple items with artwork and design, and every video game we saw on the stage pairs smartly with that attractiveness.Apple Arcade will make iOS gaming much less obnoxious
seem, yes, cellular video games bring in a ton of money. That’s partly why Apple turned into capable of name iOS the “greatest gaming platform” nowadays. The truth remains, though, that many people affiliate mobile gaming with “free to play” video games, which nickel-and-dime avid gamers to the point where they might effortlessly emerge as paying a ways, way over they might have in the event that they paid $10 for the online game from the beginning. As Apple stated, paid games always don’t require americans to make in-app purchases, but the fixed fee can scare off users who want to be absolutely bound a game is astounding earlier than they plunk down $5 or extra.Apple
family sharing may be an incredible plus as neatly.
not one of the video games blanketed in Apple Arcade will feature in-app purchases. The flat subscription fee is all you’ll pay—you gained’t even should cope with in-video game advertisements. while we nevertheless don’t be aware of what Apple might be charging, the value proposition is so that you can pick and decide from the entire purchasable titles for that mounted rate. Of direction, this isn’t going to stop you from shedding $30 on an addicting freemium puzzler like Toon Blast or other games outside the Apple Arcade offerings—those will still be obtainable by way of a separate tab in the App shop—nevertheless it’s a step in the correct direction.Apple Arcade may additionally finally legitimize cellular gaming
Partly on account of concerns like in-app purchases and advertisements, cell gaming has a nasty rap within the wider gaming neighborhood. Even when cell video games are first rate, they’re often ports of video games that had been firstly discovered on different programs like the Xbox One or the playstation 4. as a result, cell ports often consider like an afterthought. Put a further approach, the iPhone is where first rate mainstream video games go to retire.Apple
Even the interface looks exceptional.
A curated, funded service from Apple that at all times provides first-rate video games may trade all that. via prohibiting in-app purchases, Apple would hold its service free from the worst bad associations of cellular games. by curating the games it hosts, Apple may keep the excessive requirements its ordinary for. And by using conserving the video games it hosts as unique to iOS and macOS as viable, avid gamers will start to associate Apple Arcade with pleasant—which can also ultimately result in a higher respect for cell video games in standard.It’s further proof that Apple finally ‘receives’ games
refined clues that Apple desires to get excited by gaming had been dropping for months. With iOS 12, as an example, Apple finally allowed MFi (Made for iPhone) controllers to make use of the “L3” and “R3” buttons, which you normally prompt with the aid of pressing down on a gamepad’s thumbsticks. For some thing purpose, Apple in the past wouldn’t certify controllers that allowed you to do that, which with no trouble made some iOS ports unplayable. I don’t consider it’s an exaggeration to assert that this saved iOS gaming from being larger than it might have been. the brand new Rotor rebellion controller is the first one to take advantage of that, and that i have little doubt that others will comply with suit in the near future.
For that remember, Apple has additionally at ease its stance on remotely streamed games. ultimate 12 months Apple pulled Valve’s Steam hyperlink app correct before its launch closing 12 months, supposedly since the app allowed you to purchase video games from Steam devoid of giving Apple its 30 % cut. Apple currently greenlit the PS4 remote Play app, notwithstanding, which essentially does the equal aspect however with a playstation four. It’s a sign that Apple is extra wary of chasing off gamers than in the past.To comment on this text and different Macworld content material, discuss with our facebook web page or our Twitter feed.
Apr 11, 2019 (Market unique via COMTEX) -- Analyst scores For Apple AAPL, -0.82%
today, credit score Suisse group initiated coverage on Apple AAPL, -0.eighty two% with a neutral with a price target of $209.00.
There are 21 grasp scores, 21 purchase scores, 2 promote ratings, 1 amazing buy scores on the stock.
The existing consensus ranking on Apple AAPL, -0.82% is grasp with a consensus goal price of $202.0643 per share, a potential 1.02% upside.
Some fresh analyst rankings consist of
About Apple AAPL, -0.eighty two%Apple Inc. designs, manufactures, and markets cell communication and media instruments, and private computers. It also sells a variety of linked application, functions, add-ons, and third-birthday celebration digital content material and functions. The enterprise offers iPhone, a line of smartphones; iPad, a line of multi-goal pills; and Mac, a line of desktop and portable personal computers, in addition to iOS, macOS, watchOS, and tvOS operating techniques. It also offers iTunes save, an app store that makes it possible for clients to buy and download, or stream tune and tv shows; appoint or purchase motion pictures; and download free podcasts, in addition to iCloud, a cloud service, which stores song, pictures, contacts, calendars, mail, documents, and others. in addition, the enterprise offers AppleCare aid features; Apple Pay, a cashless fee carrier; Apple tv that connects to patrons' TVs and makes it possible for them to entry digital content without delay for streaming video, enjoying song and video games, and viewing photographs; and Apple Watch, a private electronic gadget, as well as AirPods, Beats products, HomePod, iPod contact, and other Apple-branded and third-celebration accessories. The business serves buyers, and small and mid-sized companies; and training, business, and government valued clientele worldwide. It sells and gives you digital content material and functions throughout the iTunes save, App save, Mac App save, television App store, booklet keep, and Apple song. The business additionally sells its products through its retail and on-line outlets, and direct earnings force; and third-birthday celebration mobile network carriers, wholesalers, sellers, and resellers. Apple Inc. changed into centered in 1977 and is headquartered in Cupertino, California.
contemporary buying and selling exercise for Apple AAPL, -0.eighty two%Shares of Apple closed the old buying and selling session at 200,04 �?'0,fifty eight 0,30 % with 200.ninety four shares buying and selling arms.
The put up Apple AAPL, -0.82% has insurance initiated with a neutral ranking and $209.00 rate goal seemed first on Market exclusive.
even if you could have quite simply misplaced your Apple Watch or it's been stolen, that you would be able to relaxation effortless realizing there are the way to discover it and hold your counsel relaxed except you do.
here's how it's finished.how to find your Apple Watch the usage of discover My iPhone
discover My iPhone is a nifty app that, when deploy (which we'll get into later), can assist you locate your whole Apple instruments, together with your Apple Watch, MacBook, and AirPods.
1. set up discover My iPhone on your paired iPhone. as soon as the app is install on iPhone, it's immediately enabled for any Apple Watch this is paired with it.
2. be aware of that your information is comfortable because of Activation Lock, a find My iPhone function on Apple Watch. When Activation Lock is turned on, your Apple id and password are required to unpair your Apple Watch from your iPhone, pair your Apple Watch with a new iPhone, and switch off the discover My iPhone feature to your Watch.
3. Open the discover My iPhone app on iPhone.
four. sign in the usage of your Apple identification and password.
discover My iPhone shows you the region of all of your registered Apple products. Abigail Abesamis/business Insider
5. tap your Apple Watch to view its existing region on a map.
tap Apple Watch to center of attention in on its place. Abigail Abesamis/company Insider
6. in case you see that your Watch is neighborhood, faucet "movements," then "Play Sound." Your Watch will play a sound (despite the fact that it's on silent) until you tap push aside on the Watch face.
Tapping "moves" will additionally provide you with a 3D view of the panorama round your Apple Watch. Abigail Abesamis/business Insider
7. if you should not have your iPhone convenient, which you could go on a laptop and access find My iPhone on iCloud.com and go through the equal system.What to do in case you do not see your Apple Watch on the map
when you are now not seeing your Apple Watch on find My iPhone, it will possibly not be connected to Wi-Fi, mobile facts, or your paired iPhone. Or it may be as a result of discover My iPhone isn't activated on your gadget.
1. First, here's a quick rundown on the distinctive Apple Watches and how they work with locate My iPhone to demonstrate their approximate place.
2. if you did not turn on find My iPhone just before having your Apple Watch lost or stolen and your Watch has no capability of speaking with the app via a Wi-Fi connection, mobile records, or your paired iPhone, you can't use it to locate your Watch.
3. To give protection to your information, put your Apple Watch in lost Mode by way of tapping actions, then misplaced Mode within the locate My iPhone app. putting your Watch in misplaced Mode requires a passcode to show off find My iPhone, erase your Watch, or pair it with a further iPhone. Turning on lost Mode also lets you enter a mobilephone quantity to contact you and a message for any individual that finds your Apple Watch.
lost Mode will spark off to your Apple Watch as soon as it connects to the internet. Abigail Abesamis/company Insider
four.Apple additionally recommends altering your Apple identification password and reporting your lost or stolen machine to local law enforcement. "locate My iPhone is the handiest means for you to music or locate a misplaced or missing gadget. If discover My iPhone is rarely enabled for your watch before it goes missing, there isn't any different Apple service that may find, song, or in any other case flag your machine for you," the assist page reads.the way to install find My iPhone on Apple Watch
final analysis: if you wish to be able to find your Apple Watch when it's missing, be sure you definitely deploy find My iPhone in case you haven't already.
1. to look if locate My iPhone is already enabled on Apple Watch, open the Watch app for iPhone and go to the My Watch tab.
Open the Watch app to your paired iPhone. Abigail Abesamis/enterprise Insider
2. tap for your Apple Watch, then the "i." in case you see "discover My Apple Watch," congrats -- this characteristic is already enabled on your gadget.
that you may set off security alternatives from this menu. Abigail Abesamis/enterprise Insider
three. If no longer, to deploy discover My iPhone, open the Settings app on iPhone.
four. faucet your name, then iCloud.
5. Scroll during the list of apps using iCloud, then tap discover My iPhone.
6. switch on both find My iPhone and send closing area.
switch on both options for max protection. Abigail Abesamis/business Insider
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Ahead of Earth Day, Apple announced how it is ratcheting up its efforts to rein in greenhouse-gas emissions from its worldwide operations: It is now compelling its suppliers to use wind, solar and hydroelectric energy to power their plants.
As Steven Mufson and I report, the computer-maker said Thursday that 21 manufacturers in its supply chain have recently vowed to obtain all their electricity from those and other renewables sources, bringing to more than 5 gigawatts the total amount of renewable energy that will be used by the company and its suppliers by 2020.
That would bring the use of renewable energy to more than 40 percent for Apple and its manufacturing supply chain, the company said, and the total number of participating suppliers to 44.
Last year Apple said it had purchased enough renewable energy to cover all of its own operations and much of its suppliers'. Yet in a testimony to the complexity of reducing the single corporation’s contributions to raising global temperatures, Apple acknowledged that nearly three-fourths of its carbon footprint comes from manufacturing, almost all of which Apple outsources.
Lisa Jackson, vice president of environment, policy and social initiatives at Apple, said that a majority of the suppliers were based in China.
“We're super excited about the fact that this program has taken off the way it has,” she said. “In doing all of this, we based it on our belief that companies would join us if we could show that it was economically feasible and doable.”
The announcement from Apple, whose market capitalization for a time last year crossed the $1 trillion threshold, comes at a time when shareholders and customers are increasingly asking companies to step into the leadership void left by the U.S. government after President Trump’s commitment to withdraw from the Paris climate accord.
Jackson, who before joining Apple served as former president Barack Obama’s Environmental Protection Agency administrator, mentioned that retreat from the international agreement that her old boss brokered as a motivation for the computer giant.
“We felt it was really important for U.S. businesses to step up and make clear that we’re still in and understand our responsibility and commitment to address climate change,” Jackson said.
At the same time, environmentalists have pointed to the incessant cycle of product releases for contributing to the mountains of “e-waste” as consumers abandon old devices for new ones. Apple’s decision to frequently change the design of charging ports on its cellphones and laptops, for example, leads to a lot of abandoned power cords.
While Jackson said Apple is “absolutely working on” the charger question, it has identified higher priorities regarding a goal it set two years ago to get all of the material in its iPhones, MacBooks and other devices from recycled sources to reduce the impact of mining.
Last October, Apple took a step with a relatively easy metal to recycle: aluminum. The company committed to getting all of the aluminum for its MacBook Air and Mac mini lines of computers from recycled sources.
“I have to be honest, when we start looking at materials to prioritize, we prioritize those materials that we think are either conflict materials — or that can be problematic to source, I’ll say that — or that are huge energy users,” Jackson said, noting that aluminum smelting remains a large source of carbon emissions.
Read the rest of the story here:
Climate and Environment
The company said 21 of its suppliers recently vowed to obtain all their electricity from renewable sources.
Dino Grandoni and Steven MufsonYou are reading The Energy 202, our must-read tipsheet on energy and the environment. Not a regular subscriber?
— Amazon employees want the company to be a "climate leader": Speaking of tech giants, more than 3,500 employees at Amazon signed a letter, with their names attached, calling on the tech giant to do more to combat climate change. It’s the “largest employee-driven movement on climate change to take place in the influential tech industry,” the New York Times reports, adding the letter is also significant because of how rare it is for tech employees to include their names on public criticism of their employers. (Amazon founder and chief executive Jeff Bezos owns The Washington Post.) The letter calls on Amazon to “to approve a shareholder resolution that would force the company to develop a plan to address its carbon footprint. The resolution was filed by more than two dozen current and former employees late last year, and it could come up for a vote next month.”
— Trump signs oil and gas project orders: President Trump signed two executive orders during a visit to Crosby, Tex. that aims to expedite oil and gas pipeline projects and that will make it more difficult for state agencies to intervene, The Post’s Toluse Olorunnipa and Steven Mufson report. “Too often, badly needed energy infrastructure is being held back by special interest groups, entrenched bureaucracies and radical activists,” Trump said while at a union training center for operating engineers there.
The orders drew backlash from both state officials and environmental activists. In a statement, Washington Gov. Jay Inslee (D) said his state would challenge the “dangerous attack” on the environment. “No amount of politicking will change the facts — states have full authority under the Clean Water Act to protect our waters and ensure the health and safety of our people,” he said in a statement. The Natural Resources Defense Council called it a “disastrous idea.”
— Bernhardt's nomination advances: The Senate advanced the nomination of David Bernhardt to be interior secretary in a 56-41 cloture vote, with his confirmation vote expected to take place on Thursday. Republicans are moving forward with the nomination over the objections of Senate Democrats concerned about a former energy and water lobbyist being installed atop the department. Greenpeace activists, wearing swamp monster facemasks, delivered a petition with 170,000 signatures to Senate Majority Leader Mitch McConnell’s (R-Ky.) office on Wednesday to oppose Bernhardt.
— Inslee focused on climate change during much of a CNN town hall: While the Washington governor made sure to expand on his record and discuss a broad set of issues, he made it clear during Wednesday’s CNN town hall that climate change is his priority. “If I am elected to this high honor, I will make defeating climate change the number one priority of the United States,” Inslee said. As he called on voters to donate to his campaign so he can make it to the first Democratic debate stage, he also mentioned the dearth of discussion over climate change in previous debates. “There was only four minutes of climate change in the last three presidential debates. I’m going to end that,” he said.
— Lawmakers introduce bill to increase electric car tax credits: A bipartisan group of lawmakers from the both the Senate and House introduced a bill that increases the electric vehicle tax credit by 400,000 vehicles per car manufacturer. Both of Michigan's Democratic senators, Debbie Stabenow and Gary Peters, along with Republicans Lamar Alexander (Tenn.) and Susan Collins (Maine) sponsored the bill with Rep. Daniel Kildee (D-Mich.), Reuters reports.
— A grizzly case: The Center for Biological Diversity filed a notice of intent to sue the Trump administration over its failure to establish a plan for grizzly bear recovery. The group filed a petition to the federal government in 2014 that identified 110,000 square miles of potential habitats for the animals in the Lower 48. “It’s past time the Fish and Wildlife Service created a new grizzly bear plan to follow the science and truly recover these magnificent animals,” Noah Greenwald, the Center’s endangered species director said in a statement.
— 2019 has already seen billions in disasters: Last month, the central United States saw the nation’s second billion-dollar weather disaster of the year, The Post’s Jason Samenow reports. A bomb cyclone brought flooding to “millions of acres of agriculture, numerous cities and towns and causes widespread damage to roads, bridges, levees and dams,” National Oceanic and Atmospheric wrote in its March climate report, and global insurer Aon estimated the total damage from the storm to be at more than $4 million.
— When Alaska can’t rely on ice: The warming climate means Alaska’s yearly “break-up,” the time of year when travel on ice becomes unsafe, has been arriving earlier than usual. For Alaska residents, who rely on the ice for transportation, hunting, industry and recreation, the unpredictable nature of the ice in the region has hampered key activities, the New York Times reports: “The ice roads that carry freight in winter and spring have been going soft prematurely. Hunters cannot ride safely to their spring camps. Sled-dog races have been canceled. People traveling on frozen rivers by A.T.V. or snowmobile are falling through; some have died. Rescuers trying to reach them have been stymied by thin ice.”
— Here is our first picture of a black hole: An international team of astronomers unveiled Wednesday its image of the long-theorized but never-seen celestral object, made with "a network of 10 radio telescopes spread across the planet and functioning as if it were a single receiver," The Post’s Sarah Kaplan and Joel Achenbach write.
For Immediate Release
Chicago, IL – April 10, 2019 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include:Apple AAPL, Spotify SPOT, Alphabet GOOGL, Amazon AMZN and Tesla TSLA.
Here are highlights from Tuesday’s Analyst Blog:
Apple Roundup: Beating Spotify, HomePod Pricing, A.I. and More
Apple hit some important milestones last week, including moving ahead of Spotify in U.S. music subscriptions. It also slashed HomePod prices, announced new products and hired key people. These and other important stories are detailed below-
Overtakes Spotify In The U.S.
Apple Music’s paid monthly subscriptions in the U.S. now exceed that of Spotify, mainly because of its consistently higher growth rates month upon month.
Apple grew at 2.6%-3% a month, ahead of Spotify’s 1.5%-2% in the U.S. As a result, its monthly subscribers reached 28 million, ahead of Spotify’s 26 million, according to WSJ and Reuters citing unidentified sources.
Globally, Apple grew 2.4%-2.8% compared to Spotify’s 2%-2.3% for 50 million paid subscribers, well behind Spotify’s 207 million.
Apple’s advantage is of course in its large installed base, which allowed it to make the service available to billions at a single push.
And that isn’t all. Apple also charges Spotify, like other users of its App Store, a hefty 30% of what they make through it. Apple blocks direct communication flow with its users so they can only upgrade through the app store, which allows Apple to take a cut. It also makes sure that Siri is partial to Apple Music. Spotify has sued Apple in Europe for these anti-competitive practices and Apple has accused Spotify of fleecing artists.
HomePod Prices Slashed
Apple finally came to its senses and realized that a less capable home speaker device with audiophile-caliber high-fidelity audio isn’t what most people are looking for. Since its launch 14 months ago, the device has underperformed the company’s expectations and left industry watchers somewhat surprised at the company’s lack of foresight.
True that it may have allowed Apple to milk diehard Apple fans and make a neat profit over the high costs that come with a new product launch. But the company’s late entry into a market with well-established products like Alphabet’s Google Home Mini and Amazon Dot that were more capable at a fraction of the cost showed that this couldn’t be a long term plan. Especially so given its need to build the installed base to further its goal of metamorphosing into a services company.
The $50 discount is still likely to do little for the device’s popularity, but the $299 price tag at least places it in the same genre as Google Home Max. And there are rumors that the company is planning a Mini-style HomePod that will likely be priced at $150-$200, still a significant a premium to the others that go for around $50 when there isn’t some discount or offer on them.
Apple Leads in AirPods
Apple has however done all the right things in AirPods, a device category it pioneered that some expect will be a $10 billion market by 2023. Apple leads the category with a 60% market share by virtue of its first mover advantage and the limited success of Google’s Pixel Buds.
But Google’s lack of success, attributed to its unsatisfactory charging case, may have just opened the door to a third player: Amazon. It is currently being rumored that Amazon is set to launch a device that mimics Apple’s AirPods in every way except that it comes with the more efficient Alexa rather than Siri, lets you buy stuff from Amazon and focuses on better sound quality.
It is also highly likely that the device will be priced competitively, making it attractive for all those Android users out there. Apple is a closed system, but when the Amazon device launches before the 2019 holidays, it will be in a good position to take market share, even if Google has another iteration of its Pixel Buds out by then and even if Apple plays difficult. Besides, Alexa is also on wireless headphones from other companies like Bose.
Importantly for Amazon, its wireless headphones might give it access to the mobile phone space where it failed to make a mark because of its flopped smartphone effort.
Apple may, however, hold its leading edge image by virtue of its latest wireless earbuds under the Beats brand. While its AirPods are priced lower, targeting a separate market, the newly launched Powerbeats Pro sports “deep integration between Beats and Apple engineering… features industry-leading battery life, advanced functionality, reliable connectivity, exceptional fit via the signature earhook design and beautiful fidelity," according to a Beats PR. Apple has also been increasing its AI focus, hiring away key Google experts in the space.
Hires Away Google A.I. Executive
In March, Ian Goodfellow, a senior research scientist at Google became director of machine learning inside Apple’s Special Projects Group that works on several of Apple’s secret projects.
With bachelor's and master's degrees in computer science from Stanford University, and a Ph.D. in machine learning from the Université de Montréal, Goodfellow left Google for Tesla in mid-2013 only to return in 2017.
His biggest contribution is the creation of an A.I. approach called general adversarial networks, or GANs that can be used to create fake audio and video (“deepfake” media content) used in the process of training an AI system to recognize fakes.
The news became public after Goodfellow updated his LinkedIn profile.
Google’s A.I. chief John Giannandrea has been working at Apple since last year as its SVP of machine learning and AI strategy.
These efforts could help the company improve its assistant Siri although its practice of limiting the amount of information it collects on users is a limiting factor.
News+ Makes Headway
The New York Timesreported that the Apple’s News+ service brought over 200,000 subscribers in the first 48 hours of its availability.
News+, which offers access to a catalog of over 300 periodicals at $10 per subscription, is built on the foundation of Texture, a similar service that Apple acquired a year ago.
There’s an initial 1-month testing period, so it’s probably a little soon to comment on its success. But Apple does have a huge installed base that will help it grow numbers. Bundling the service with others or making it available on competing platforms like Android are other options.
Apple’s cheaper 64 GB iPhone XR is now available at 59,000 rupees in stores, a steep discount to the 76,900 rupees it still costs online. The exorbitantly priced device does, however, include a hefty luxury tax that is paid to customs when the phones are imported into India.
The government’s goal is to move iPhone production (or at least assembly) into the country where there remains a skill shortage. But Apple supplier Foxconn has been working on this and some media reports suggest that it’s within weeks of commencing production. Assembling the devices inside the country will attract lower customs duty, likely bringing the same profits at something closer to the discounted price.
This is just as well, because the company’s China sales aren’t doing so hot and both Samsung, which sells phones at varying price points and value-for-money Chinese brands are doing rather well in India. Apple needs to do something about now if it is to grow beyond the 1% market share in the world’s fastest-growing smartphone market.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Spotify Technology SA (SPOT) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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