Technology: Apple Attracts New IPhone Fans as Existing Owners Await Upgrade - PressFrom - US
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Technology Apple Attracts New IPhone Fans as Existing Owners Await Upgrade

10:36  01 february  2017
10:36  01 february  2017 Source:   bloomberg.com

Air exposure responsible for iPhone 6S battery problems

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Apple Inc. attracted a swathe of new iPhone customers over the holiday period, auguring well for a more significant upgrade to its flagship product this Existing iPhone users upgraded to the latest iPhone 7 models at about the same rate as the iPhone 6S a year earlier, Chief Executive Officer Tim

Apple Woos New iPhone Fans as Current Owners Await Upgrade - gadgets.ndtv.com. Apple attracted a swathe of new iPhone customers over the holiday period, auguring well for a more significant Existing iPhone users upgraded to the latest iPhone 7 models at about the same rate as.

An iPhone 7 is displayed in a store in London, Britain October 4, 2016. © Reuters An iPhone 7 is displayed in a store in London, Britain October 4, 2016. (Bloomberg) -- Apple Inc. attracted a swathe of new iPhone customers over the holiday period, auguring well for a more significant upgrade to its flagship product this year -- and the services revenue that these devices are increasingly generating.

Existing iPhone users upgraded to the latest iPhone 7 models at about the same rate as the iPhone 6S a year earlier, Chief Executive Officer Tim Cook said in a conference call with analysts. Yet Apple still managed to sell 3.5 million more phones in the three months ended Dec. 31, indicating growth was driven by new customers.

Apple to cut iPhone production by 10 percent, report says

  Apple to cut iPhone production by 10 percent, report says A Japanese business newspaper predicts the cuts based on analysis of information from the tech giant's suppliers.It would be the second year in a row in which the tech giant scaled back production of its flagship product, the report said. The paper based its analysis on numbers from Apple's suppliers. The cuts would include production of the most recent iPhone models, the iPhone 7 and 7 Plus.

Apple attracted a swathe of new iPhone customers over the holiday period, auguring well for a The shares climbed to the highest price in more than 17 months. Existing iPhone users upgraded to the Apple 's research and development budget is growing apace, hinting at new innovations or products in

Apple iPhone 7 launch was heavily criticized by all both the tech critics as well as users but it hasn’t dull the Apple aura at all. Apple delivered its best quarters a year ago with the launch of iPhone 6s but such shipments volumes were not repeated with the iPhone 7 as most of the people vouched for

The iPhone 7 represented a modest update to its predecessor, the 6S, adding water resistance, an improved camera, battery life and processor while retaining similar styling. Expectations are mounting for a more significant upgrade to Apple’s flagship product later this year, which is the 10th anniversary of the iPhone’s launch. That may persuade more existing iPhone users to open their wallets for the next model.

“When we’re able to innovate with new generations of products, clearly that plays a role in the upgrade rate,” Chief Financial Officer Luca Maestri said.

BC-APPLE-S-NEW-CUSTOMERS © Alex Webb BC-APPLE-S-NEW-CUSTOMERS Apple reported total revenue rose 3.3 percent to $78.4 billion, with earnings of $3.36 a share, in the holiday quarter, exceeding analyst forecasts. The shares gained as much as 3.5 percent in extended trading, after the results.

Apple iPhone 8 Launching With iPhone 4-Like Design?

  Apple iPhone 8 Launching With iPhone 4-Like Design? A report fresh from China is claiming that the Cupertino giant is working on a new iPhone that borrows design elements from the iPhone 4.On Tuesday, Chinese newspaper Digitimes reported that Apple is reviving the stainless steel frame of the iPhone 4 and using it to perfect the design and look it is going for with the iPhone 8. The iPhone 4 used stainless steel frames from Foxconn and U.S. company Jabil. With the nearing launch of the iPhone 8, Apple is said to be ordering the same component from the same companies.

(Bloomberg) -- Apple Inc. attracted a swathe of new iPhone customers over the holiday period, auguring well for a more significant upgrade to its flagship product this year -- and the services revenue that these devices are increasingly generating.

Apple Inc. attracted a swathe of new iPhone customers over the holiday period, auguring well for a more significant Existing iPhone users upgraded to the latest iPhone 7 models at about the same rate as the iPhone 6S a year earlier, Apple CEO Tim Cook said in a conference call with analysts.

Samsung Electronics Co. recalled its flagship Galaxy Note 7 smartphone in September after a fault that caused some batteries to burst into flames. That reduced competition in the market for large, high-end smartphones and likely helped attract new customers, according to New York-based BTIG analyst Walt Piecyk.

“Once they get you in their ecosystem, they’ve got a far better shot at getting you to buy another one of their phones,” Piecyk said. “If anything, the fact that it wasn’t stickiness and services and upgrades makes you feel better about future growth.”

Americans are taking longer to upgrade their smartphones, partly because wireless carriers have phased out plans that offer discounts for new devices every two years. That puts more pressure on handset makers to find new customers -- something Apple pulled off in late 2016.

Last year, Apple suffered a rare year-over-year revenue decline, as iPhone sales tumbled, particularly in China, where competitors such as Oppo and Vivo introduced cheaper phones with similar performance. In the first fiscal quarter, sales in mainland China grew, excluding the effect of a strong U.S. dollar, Cook said.

Apple iPhone 8 to battle Samsung Galaxy S8, underwater

  Apple iPhone 8 to battle Samsung Galaxy S8, underwater The next iPhone is expected to dive deeper into the world of waterproofingThe Investor reports that Apple will upgrade its iPhone 8 to be IP68 rated. The current iPhone 7 is IP67, meaning it can withstand being submerged at up to one metre in water for up to 30 minutes.

Existing iPhone users upgraded to the latest iPhone 7 models at about the same rate as the iPhone 6S a year earlier, chief executive officer Tim Cook said in a conference call with analysts. Yet Apple still managed to sell 3.5 million more phones in the three months ended 31 December, indicating growth

When you join the iPhone Upgrade Program, AppleCare+ is included in your monthly payments.4 And now you have the option to expand your coverage to AppleCare+ with Theft and Loss for an additional cost.5 Simply choose the coverage that’s right for you.

Cook’s response to last year’s sales decline was to push more services, such as Apple Music, the App Store and iCloud. These businesses are more profitable than iPhones and iPads, and they increase the chances customers will buy future Apple gadgets because users’ apps and data are tightly woven into the company’s operating systems.

Services revenue grew 18 percent to $7.2 billion in the most recent period. Apple said it aims to double the annual total to more than $50 billion by fiscal 2021.

“The App Store is going to be a significant driver of growth,” CFO Maestri said. “A lot of it comes from the fact that our installed base of devices around the world continues to grow very well.”

To contact the reporter on this story: Alex Webb in San Francisco at [email protected] To contact the editors responsible for this story: Tom Giles at [email protected], Alistair Barr, Andrew Pollack

©2017 Bloomberg L.P.

iPhone 5 could lose access to future Apple software updates .
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