Tag Archives: Apple

EU doesn`t like big tech

European Union doesn`t like big companies like Apple. Google, Facebook, and Amazon to name a few. They believe that companies should be small and compete with each other. The more competition, the better.

Now, Apple faces a possible hefty fine and may have to open its mobile payment system to competitors after EU`s antitrust regulators charged the iPhone maker with restricting rivals’ access to its technology used for mobile wallets.

EU`s Executive Vice-President Margrethe Vestager, in charge of competition policy, said on Monday: «Mobile payments play a rapidly growing role in our digital economy. It is important for the integration of European Payments markets that consumers benefit from a competitive and innovative payments landscape.»

«We have indications that Apple restricted third-party access to key technology necessary to develop rival mobile wallet solutions on Apple`s devices. In our Statement of Objections, we preliminarily found that Apple may have restricted competition, to benefit from its own solution Apple Pay. If confirmed, such conduct would be illegal under our competition rules.»

The investigation will now follow into suspected violations of EU antitrust rules. The European Commission and Margrethe Vestager think Apple is violating the block`s antitrust rules with its limits on rival providers of mobile wallets.

They believe that Apple «abused its dominant position» in giving a boost to its own contactless payments system.

I can only speak for myself, and I have an iPhone, but I use my Fitbit to pay with my Visa card. It`s easy, fast, and contactless. So, Apple didn`t have an advantage in my world. But the main reason is that Apple only accepts a Mastercard.

This is not the first time the EU is attacking U.S tech giants. A year ago, they attacked Apple`s handling of rival music apps. They also want major changes to the App Store and iMessage, as well as services from Google and Amazon.

Last year, Amazon was hit by the biggest ever European Union privacy fine after its lead privacy watchdog hit it with a $888 million penalty for violating the bloc`s tough data protection rules. Amazon said the decision is «without merit.»

In November last year, Google lost its appeal against a €2,4 billion EU fine over its shopping service. The Commission argued that Google had unfairly used its dominant search engine to redirect traffic to Google shopping.

Brussels claims Google began to systematically favor its shopping service in the results of its popular search engine, whose market dominance exceeds 90% in most EU countries. Google Shopping now routinely appears at the very top of search results.

Six years ago, I wrote an article about The European Commission, that said Irland had enabled Apple to pay «substantially less tax than other businesses over many years.» But the EU`s general court decided that the commission failed to prove that the Irish government had given the U.S tech giant a tax advantage.

In 2020, Apple won a landmark court case against the European Commission over the dispute concerning $14,9 billion in Irish taxes. And these are some of the few attacks on U.S tech giants.

Over twenty years ago, I can remember that Microsoft was attacked by rumors. Don`t use Windows, because it`s a virus in it. That will kill your computer, they said. Bill Gates was also attacked multiple times. Again and again. Today, we see the Marxist Media Mob use words like Oligarchs about the rich.

Sometimes, the EU should attack the rules. Not the companies.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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When will Apple fall from the tree?

Apple is another company I have been following for about 30 years now, and this is another one that survived, along with Microsoft, the dot-com bubble. I bought my first mobile phone in 1992, and that was Ericsson from Sweden. I know the rest of that story and know that Apple can go the same way. But not today.

Apple`s revenue in the quarter ended in March, grew nearly 9% YoY, and the company continues to impress. The company said on Thursday that they have strong growth, and that is exactly what I have been wondering about in times of lockdown, covid-19, and distribution challenges that could affect the global demand for smartphones and computers.

The stock went up 4,52% on Thursday, but it went down -by 2,22% in after-hours of trading on Thursday. CFO Luca Maestri warned of several challenges in the current quarter, including supply constraints related to Covid-19 that could hurt sales by between $4 billion and $8 billion. Luca also said that the demand in China was being sapped by the Covid-related lockdown. CEO Tim Cook said that Apple was «not immune» to supply chain challenges.

Apple`s revenue jumped to $97,28 billion YoY. iPhone revenue was up 5,5% and jumped to $50,57 billion. EPS is $1,52.

Apple had a habit of beating Wall Street by 3% to about 8% since 2020, but this time they «only» exceeded the estimates by 0,51%. CEO Tim Cook said the financial performance was «better than we anticipated.»

When will the Apple fall from the tree?

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Tesla phone can crush Apple and be a gamechanger

Elon Musk said he wanted to crush Apple with his new Tesla Model Pi Smartphone, which is expected to launch very soon. The phone is equipped with a quality 4K screen. It has four cameras and it is powered by Snapdragon 898 SoC chip.

Tesla Model Pi Smartphone also has up to 2TB of flash storage. In addition, the phone is connected to your Tesla EV which is also connected to the Starlink satellite. don`t worry about the charging because it has integrated solar charging technology.

Experts claim the new phone is a game-changer, and it will beat Apple. Model Pi has WiFi connectivity and 5G technology. It also has a «neural link connection» technology that will link your brain, people, and phones and transmit information between them.

There are 7 global phone makers in 2021; Samsung, Apple, Xiaomi, OPPO, Vivo, Huawei, and Transsion. Tesla Model Pi can be the next to challenge them all. It`s connected with the stars.

Model Pi has a Starlink connection. By definition, this phone will work on Mars.

To contact the author: post@shinybull.com

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shinybull.com. The author has made every effort to ensure the accuracy of the information provided; however, neither Shinybull.com nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities, or other financial instruments. Shinybull.com and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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Office 365 and Azure cloud-computing made Microsoft a winner and investors sent the stock up over 50% last year

Microsoft is expected to report earnings on Wednesday 29, and along with Apple, Amazon and Facebook, their earnings can make or break the stock market. Apple has gone straight up since January last year, followed by the Space X equity Tesla. Rocket-shared both of them.

Now, its time for Microsoft with shares risen nearly 20% since their last report on October last year. That`s more than twice as much as the S&P 500 which is impressive for that tech giant. Wall Street analysts predict that Microsoft will report $35,7 billion of revenue and earnings of $1,32 per share.

Image result for azure

Microsoft continue to benefit from their cloud business and in addition they have $20 billion annual buybacks/dividends. This is a major reason why they outperformed the market last year. Office 365 and Azure cloud-computing made the stock a winner and investors sent the stock up over 50% last year.

Consensus revenue estimate would represent 9,8% growth compared to the same quarter a year ago. Windows, search ads, Surface and gaming boosted the company`s revenue with $11,13 billion. Cloud computing service Azure and Windows Server, SQL Server, System Center, GitHub and consulting saw $10,85 billion in revenue.

Research firm CFRA estimates that revenue from cloud-based services hit 50% of total revenue in the company`s fiscal Q4, and investors are postive to Microsoft at the moment. The company changed its strategy and are competetive to Amazon in the cloud sector as well.

The stock declined to $162,28 per share on Tuesday, down -1,67%, but Microsoft is the most valuable U.S company after Apple which is number one on the list. Microsoft`s valuation after the drop on Tuesday is $1,24 trillion, while Apple is valued at $1,35 trillion.

Microsfot signed a military cloud contract with Pentagon worth $10 billion. They won the contract in October last year after a long battle with its competitors like Amazon, Oracle and IBM. Earnings strength is very strong and looks good for future earnings growth.

Microsoft is expected to report earnings on Wednesday 29 after the market close.

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Apple to visit CES for the first time since 1992 to talk about Privacy

Apple is back at CES (Consumer Electronic Show) in Las Vegas for the first time since 1992. But the tech giant isnt`t joining the CES show because it has a new innovative product. Apple is in Las Vegas to talk about Privacy which is a hot topic this year.

Former CEO John Sculley came from Pepsi to Apple and debuted at CES in 1992 with the Newton personal digital assistant. It was a disaster and it didn`t take long before Steve Jobs went back to the job again. I read Sculley`s book and that story is very interesting.

Now, CEO Tim Cook is running the company. And he wants to talk about something very important; Privacy.

Privacy is a fundamental human right. At Apple, it`s also one of our core values, they say on their web site. Your divices are important to so many parts of your life. What you share from those experiences, and who you share it with, should be up to you.

We design Apple products to protect your privacy and give you control over your information. It`s not always easy. But that`s the kind of innovation Apple believe in.

Well, let`s think about it. The phones we have today is called; Smart phones. Oh yeah?! How smart is it to have a smart phone actually? So far, it isnt smart at all. It is the most stupid thing you can have. Is that why they called it smart phone?

We know that people have been hacked, and information and pictures have been stolen and distributed in social media. It is still happening today. Someone can also tap your phone. They can listen to your conversations, and have a look at you on your camera.

The phones they produced in the 80`s and 90`s was much safer, because it was difficult, if not impossible to hack. Nor was it camera on it. Not as good as the phones are today, but much more safer. Until now. Fortunately.

Apple have developed a Privacy Policy that covers how they collect, use, disclose, transfer, and store your personal information. In addition to this Privacy Policy, they provide data and privacy information imbedded in their products connected with their Data & Privacy icon for certain features that ask to use your personal information.

This is what Apple will talk about at CES along with Facebook, Procter and Gamble and officials from the Federal Trade Commission (FTC) to discuss how they can establish privacy protections in terms of size, regulation, and consumer demand.

Tech innovation seems to take much longer time than anticipated and there isn`t so much new innovative products to see at the CES 2020 this time. But in addition to Apple`s talk about privacy, they will be showing off its homekit smart home platform. A smilar product will be launched by competitor Google to add more capabilities to their IoT-powered divices.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Shiny bull. The author has made every effort to ensure accuracy of information provided; however, neither Shiny bull nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Shiny bull and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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