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Apple to release three new iPhones amid struggling sales Apple is to release another cheaper iPhone next year as part of a trio of smartphone launches as it battles to revive sluggish recent sales for its latest models. The news, first reported in the Wall Street Journal, comes as sales of the iPhone in China continue to suffer On Chinese online retailer Suning, owned by Alibaba, the iPhone XR was available at a discount of up to 20pc to add an incentive to would-be buyers It is only the second time Apple had revised its earnings since 2002
Wall Street rally pauses as investors await corporate earnings reports A five-day rally in U.S. stocks ran out of steam on Friday as investors booked p... We’ve run up and people seem to be in a wait-and-watch mode before they put more money back in, said Mark Grant, chief global strategist at B This stands in sharp contrast to recent sales warnings from Apple Inc (AAPL.O) and Macy’s Inc (M.N) due to weakness in the crucial holiday-quarter Our Standards:The Thomson Reuters Trust Principles
GM gives strong 2019 earnings forecast, shares jump 8 percent General Motors Co on Friday gave a strong earnings forecast for 2019 powered by ... Bottom line, we believe management just reset the bar higher for earnings and cash flow despite increased macro concerns among investors, Buckingham Research Group analyst Joseph Amaturo wrote in a client note Our Standards:The Thomson Reuters Trust Principles
The biggest Apple HomeKit products from CES 2019 TVs are this year’s biggest surprise Power Smart plugs may not be the most exciting smart gadget, but they’re staples of the burgeoning smart home In this Storystream CES 2019: What we’ve seen, and are still seeing, at the biggest show in tech The biggest Apple HomeKit products from CES 2019 CES 2019 offered a glimpse at our glorious USB-C future View all 184 stories
CES 2019 offered a glimpse at our glorious USB-C future All of the headphones, monitors, docks, and dongles from this year’s show While Moshi went all in, HyperX hedged its bets a little, with two gaming headsets that came with a choice of three cables, a USB-A, USB-C, or analog 3.5mm jack In this Storystream CES 2019: What we’ve seen, and are still seeing, at the biggest show in tech The biggest Apple HomeKit products from CES 2019 CES 2019 offered a glimpse at our glorious USB-C future 8K is still just a fantasy View all 184 stories
Made in China: Most of what you pay goes to U.S. workers and businesses, despite what the label says A good may have been assembled in a Chinese factory, but that assembly cost is just a small part of the purchase price. Most of what you spend on something that's ostensibly from China goes to U.S. workers and businesses. A worker in Shenzhen, in southern China's Guangdong province, in September Overall, the United States imports about 11 percent of its goods That number has remained steady for a decade and a half despite the rise of China Distribution and logistics: As with marketing, it’s hard to deliver a product to a U.S. retailer without paying for local delivery at some point in the process, whether directly or indirectly
Analysis | The Technology 202: Civil rights leader warns against rolling back anti-discrimination rules in AI era Bias in algorithms is a major concern. A Polish citizen who was deputy head of the Polish Internal Security Agency’s IT security department was also detained Officers of Poland’s counterintelligence agency this week searched the local Huawei office, leaving with documents and electronic data, as well as the home of the Chinese national, Poland’s state-owned broadcaster reported Friday, according to the Journal Shutdown forces FDA to sharply reduce food inspections:
The best charging tech of CES 2019 Wireless charger, portable power, it’s all here. Photo: Griffin There are so many devices that need to be charged, but not all chargers are created equal especially when it comes to speed For the $79 price tag, you get a 10,000mAh battery with both USB-C and USB-A outputs The premium cable measures five feet long, while the two standard cables come in four- and six-foot models
The Morning Download: Lessons From the Russian Power Systems Hack Just as the private sector needs to be mindful of smaller companies in the supply chain, larger companies must be mindful that they are part of a larger supply chain, one that includes the U.S. The federally owned Bonneville Power Administration says it doesn’t believe the utility was breached, though it appears to have received suspicious emails 's non-hardware business, the WSJ's Tripp Mickle reports More troublesome words and phrases follow: perceived potential (ouch); stuttering blockchain development path (yeesh); stuck at stage 1 (oh my); future  looked  bright (egad) and billions and billions of dollars had been sunk (it's over)
A three camera iPhone? It may be one of three new models for 2019, report While the company's usual fall event may be several months away, early details on what to expect from Apple's 2019 iPhone update have begun to emerge. You could choose between each setting or capture a shot from all angles at once in a triple shot mode Earlier this month CEO Tim Cook said Apple is lowering its fiscal first-quarter guidance amid slowing growth in China and lower demand for iPhone upgrades Sales of the iPhone made up roughly 59 percent of its nearly $63 billion in revenue during the company's fourth quarter last year
Apple Could Debut 3 New iPhones in 2019 A triple rear camera could be next. Despite reports that there’s some trouble in Apple’s iPhone division, the tech giant is planning three new handsets this year, according to a new report The iPhone XR is Apple’s budget model and comes with an LCD screen and thicker bezels around its screen
Netflix, Oil Gain but Stocks Pause After January Surge The New Year’s rally is the story this week. Stock-index futures slipped back on Friday after yet another gain on Thursday. Text size Keep It Going: The New Year’s rally is the story this week Come Fly With Me: Airline shares haven't participated in the stock- market rally so far in 2019 ABB recently struck a deal to sell its mature power- grids business to focus on automation
Apple plans new iPhone line-up despite sales worries The three new devices be released this fall after Apple cut its sales outlook. Alibaba-backed Suning and have both cut its iPhone prices this week, according to Reuters A spokesperson for Apple did not immediately respond to FOX Business’ request for comment on the report Yet, despite the revenue cut, Apple CEO Tim Cook collected his biggest-ever annual bonus for fiscal 2018 of $12 million
Apple to launch three iPhones with new camera features this year: WSJ Apple Inc plans to launch three iPhone models this year with some new camera fea... The Cupertino, California-based company has decided to stick to liquid-crystal display (LCD) at a time when sluggish sales of iPhone XR cut into its most recent revenue projection, the report said, citing people familiar with the matter Our Standards:The Thomson Reuters Trust Principles
Analysis | The Finance 202: Trump's trade war is far from over His bid to seize tariff power is the latest sign. Investors are about to get a read on the health of corporate America, as businesses begin releasing quarterly profit reports and laying out expectations for the coming year Shutdown forces FDA to sharply reduce food inspections Furloughed employees rally against shutdown: 'Stop playing politics with our lives'
Not worth it? Chinese resellers cut iPhone prices after Apple bombshell warning China-based retailers have rolled out huge discounts on Apple phones, including the latest iPhone XR model. The generous offering comes after the US giant had to issue a rare gloomy revenue forecast for its sales in the country. Beijing-based cut the prices to almost the same level as Suning, allowing iPhone-hungry buyers to get XR with128 storage at 6099 yuan ($899) For more stories on economy & finance visit RT's business section Trends: Apple newsChina newsChina-US newsUS news
Starbucks will be next US brand to warn of China trouble after Apple, Goldman Sachs says The firm downgraded the world's largest coffee seller to neutral from buy on Friday, citing "a number of points of caution on China." Zhang Peng | LightRocket | Getty Images A logo on the wall of a Starbucks coffee shop in Beijing South railway station Apple shares collapsed earlier this month after warning that iPhone sales would fall short because of weakness in the China economy The shares fell more than 2 percent in premarket trading Friday to $62.51 following the Goldman call
Here’s what might stop the stock market’s post-December bounce Our call of the day is urging investors to stop and think a bit about the coming earnings season, where potential bad news may not be quite priced in completely. Those betting that this post-December bounce for stocks is for real had to walk away from Thursday’s action feeling pretty upbeat The Kobeissi Letter There’s a ton of money on the sidelines and as sentiment continues to shift, retail institutions and individuals will begin buying again and start the next move higher, argues Kobeissi, in emailed comments
Steve Ballmer on ‘Tricks’ of the Trade Microsoft’s former chief says industry-shaping innovations (or tricks, as he calls them) are rare because they require a patience and persistence few companies consistently achieve. If they had stopped at the iPod, where would they be But the [company’s] view that increased miniaturization and low power could do amazing things allowed them to push beyond the iPod and do something truly amazing I’ll give Apple credit because they didn’t overspend on the iSeries and they didn’t overfeed it
Polaroid. Walkman. Palm Pilot. iPhone? History is littered with products that failed to adapt to changing times and tastes. For Apple, that means signs of waning demand for its iPhone should spur an urgency to find the next act, writes columnist John D. Stoll.
iPhone 11 Max rumored to have a triple-lens camera And to be one of three new iPhones That’s sure to be the iPhone 11 Max, or whatever Apple’s biggest 2019 phone launches as No more LCD Looking ahead to 2020, Apple apparently might ditch LCD altogether A move to OLED on all its handsets could also make sense in the long run, since it’s largely considered to be the better technology