J.P. Morgan analyst predicts September launch for next-gen iPhone, units to be available in lower quantities

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Date: Thursday, July 20th, 2017, 05:18
Category: Finance, Hardware, iPhone, retail, Rumor, Touch ID

He’s straying from the pack a bit, but analyst Rod Hall of J.P. Morgan has offered a statement predicting that Apple will continue to support the concept of a “super cycle” after the “iPhone 7s” family and “iPhone 8” launch. However, because of possible OLED screen issues related to Touch ID, launch quantities will likely be constrained.

The original J.P. Morgan estimates had predicted that Apple would have 9 million “iPhone 8” units available for launch and for sale before the end of September. Instead, Hall has predicted that the actual number is now closer to 2 million because of unspecified production problems, and has shifted quarterly unit forecasts accordingly.

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Apple Pay expanded to 27 additional U.S. banks, new options available in China, Italy, Russia and Ireland

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Date: Wednesday, July 19th, 2017, 05:37
Category: Apple Pay, Finance, News

This could come in handy.

Apple on Tuesday added 27 U.S. banks and credit unions to the Apple Pay roster, while simultaneously bringing the platform to additional options in China, Italy, Ireland, and Russia.

The banks and credit union additions, as usual, are largely regional, while the international additions include AIB in Ireland, American Express in Italy, and bank Round, Beeline Card, Credit Union, Kykyryza, and Promsvyazbank in Russia. New Chinese entries include Guilin Bank, Hunan Rural Credit Cooperative, JinCheng Bank, Shanghai Rural Commercial Bank, Sichuan Rural Credit Union, SiChuan TianFu Bank, and Yibin City Commercial Bank.

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Apple to announce Q3 2017 financial returns on August 1st

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Date: Thursday, July 6th, 2017, 05:57
Category: Finance, News

If you want to know how Apple’s doing financially, check in on August 1st.

Apple on Wednesday announced that it will reveal quarterly earnings for the third fiscal quarter of 2017, traditionally the slowest sales period of the year for the company.

The upcoming earnings report is to be followed by a live-streamed conference call Tuesday, Aug. 1, at 2 p.m. Pacific, 5 p.m. Eastern. As usual, Apple CEO Tim Cook and CFO Luca Maestri are expected to provide commentary on the performance metrics and field questions from investment analysts.

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Rumor: Apple acquires SensoMotoric Instruments

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Date: Tuesday, June 27th, 2017, 05:57
Category: Finance, iOS, Rumor, Software

It’s not confirmed yet, but Apple may have acquired an eye tracking technology company called SensoMotoric Instruments. The report is based on legal activity discovered through a shell company and Apple attorney Gene Levoff.

SensoMotoric Instruments was technically acquired by Venture Capital Corporation, which is purported to be connected to Apple. The current acquisition papers list the deal through Cupertino, California and any anonymous source stated that the deal closed today.

Based on information still listed on SMI’s website, the company envisions its eye tracking technology being used in “PCs to cars, and industrial processes.”

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Apple now offering the largest dividends of any corporation in the world, possesses $257 billion in cash reserves

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Date: Tuesday, June 13th, 2017, 05:00
Category: Apple, Finance, Microsoft, News

It looks like Apple is now paying the largest dividends of any company in the world.

Apple is now the world’s largest payer of dividends after increasing its quarterly payout by 10.5% to 63 cents a share, according to data compiled by Howard Silverblatt, senior index analyst at S&P Dow Jones Indices LLC. Now boasting $13.2 billion in annual distributions, Apple has dethroned Exxon Mobil, the previous global dividend king.

At present, Apple is now distributing more in quarterly dividends than the entire market cap of US Steel, Silverblatt points out.

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Apple Pay expected to arrive in Ukraine come Q2 of 2018

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Date: Wednesday, May 31st, 2017, 05:48
Category: Apple Pay, Finance, News, retail, Software

It looks like Apple Pay is en route to the Ukraine come next year.

An Alfa-Bank executive stated that Apple Pay should arrive in the Ukraine in the second quarter of 2018.

The head of Alfa-Bank Ukraine’s e-business, Maxim Patrin, cited an anonymous source from one of the payment systems operating in the country. Alfa-Bank is based primarily in Russia, and may be better known to U.S. readers for alleged ties to U.S. President Donald Trump.

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Apple Pay goes live in Italy

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Date: Thursday, May 18th, 2017, 05:45
Category: Apple Pay, Finance, iOS, News, retail, Software

Apple Pay has come to Italy.

The service is now available within the country, allowing for Visa and MasterCards issued by Boon, Carrefour, and UniCredit to be used with Apple Pay in Italy. Per the Apple Pay web site, support for additional banks will be added later this year.

Rumors of Apple Pay’s expansion to Italy have been circulating for several weeks as Apple worked to add support for its payments service in the country, and the service has been listed as “Coming Soon” on the Apple Pay Italy site since March.

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Apple invests $200 million in Corning’s Harrodsburg, Kentucky plant

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Date: Monday, May 15th, 2017, 05:25
Category: Finance, Hardware, Hardware, iPhone, News

The glass on your Apple devices could be on the verge of becoming that much stronger.

Apple announced that the company has put $200 million of its $1 billion U.S. manufacturing fund into Corning’s Harrodsburg, Kentucky glass-making plant.

Corning has manufactured the glass that Apple has used in iPhones and iPads since day one.

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Apple to hold Q2 2017 conference call on Tuesday, May 2nd

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Date: Friday, April 28th, 2017, 05:33
Category: Apple Watch, Finance, iPad, iPad Pro, iPhone, News, retail

Come next Tuesday, Apple shall once again reveal where it stands where units of currency are concerned.

Apple will hold its Q2 conference call on Tuesday, May 2nd in the early afternoon at 2 PM PST.

Last quarter, Apple’s revenues shrunk for the first time in recent memory. At the time, Apple suggested that its next quarter would generate between $51.5 and $53.5 billion in revenue, which would make it a second straight quarter of slight year-over-year revenue growth.

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AT&T announces acquisition of Straight Path for $1.25 billion, works to expand future 5G networks

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Date: Tuesday, April 11th, 2017, 05:58
Category: Finance, iPhone, News, wireless

It never hurts to buy the bandwidth you need in advance.

AT&T on Monday announced that it will acquire Straight Path Communications, a company that holds licenses to airwaves needed for the next-generation network technology. AT&T announced the deal in a press release, noting that it is worth $1.6 billion in total.

Straight Path Communications is one of the largest holders of the 28GHz and 39GHz millimeter wave spectrum used by wireless carriers. It also holds the mmWave licenses in the 39 GHz band and 133 licenses in the 28 GHz band, which 5G technology is heavily reliant upon.

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