Tag Archives: iPhone

by | November 30, 2022 · 7:25 pm

Elon Musk is at war with Apple

Tesla`s CEO, and the new owner of Twitter, Elon Musk, is at war with Apple. Musk says Apple threatened to remove Twitter from the App store. Not only that. Apple has also stopped advertising on Twitter.

On Monday, Elon Musk tweeted: «Apple has also threatened to withhold Twitter from its App Store, but won`t tell us why.»

Apple is the world`s most valuable company and has huge power. The company was the top advertiser on Twitter and accounted for more than 4 percent of Twitter`s revenue in the first quarter of this year.

Photo by Brett Jordan on Pexels.com

Apple spent nearly $50 million on ads on Twitter, which is a huge loss for a company like Twitter. But if Apple were to block Twitter from its App Store, people would be unable to download the Twitter App on their iPhones, and iPads. It will also be problematic for existing users.

Twitter has warned investors in regulatory filings that the success of its services is dependent on their surviving review for compliance with App Store.

«Such review processes can be difficult to predict and certain decisions may harm our business,» the company wrote in a filing to the SEC last year.

«Failure to adhere to Apple`s and Google`s guidelines would be catastrophic, risking Twitter`s expulsion from their app stores and making it more difficult for billions of potential users to get Twitter`s services,» Yoel Roth, the company`s former head of Trust and Safety, wrote in a New York Times op-ed.

On Monday, Elon Musk also tweeted this: «Apple has mostly stopped advertising on Twitter. Do they hate free speech in America?» But Apple didn`t respond to this.

Musk has attacked Apple in a series of tweets after his takeover. He sought to stoke long-running concerns and political scrutiny over Apple`s market power. He tweeted a link to a parody video that Apple foe Epic Games made in 2020 criticizing the App Store as a «monopoly.»

He also tweeted a yes or no poll, asking his more than 119 million followers whether Apple should «publish all censorship actions it has taken that affect its customers.» In another tweet, Musk said: «Did you know Apple puts a secret 30% tax on everything you buy through their App Store?»

But there are more problems for Musk and Twitter. The EU has raised the prospect of a substantial fine or ban for Twitter after warning that it must «significantly increase» efforts to comply with new online legislation.

Twitter`s new owner, Elon Musk, was told he had «huge work ahead» to comply with the EU`s Digital Services Act, which requires tech firms to tackle problems including abusive posts and disinformation.

«I welcome Elon Musk`s statement of intent to get Twitter 2,0 ready for the DSA,» the EU`s commissioner for the internal market, Thierry Breton said. «I am pleased to hear that he has read it carefully and considers it as a sensible approach to implementing on a worldwide basis. But let`s also be clear that there is still huge work ahead, as Twitter will have to implement transparent user policies, significantly reinforce content moderation and protect freedom of speech.»

The Financial Times reported that Breton reiterated the punishments for breaches of the act, which include fines of up to 6% of global turnover, which would be around $500m in Twitter`s case, or a temporary suspension of the service if refused to comply endangers people`s life and safety. Suspension is described by the EU as a «last resort.»

Musk has fired half of Twitter`s 7,500 staff since buying the company for $44 billion in October. Another 1,200 was leaving the company in November after Musk told the remaining staff to commit to being «hardcore» or leave.

In November last year, I wrote an article about Musk and his potential Tesla phone, the Model Pi Smartphone. A phone that is connected to your Tesla EV which is also connected to the Starlink satellite.

The Tesla smartphone Model Pi is equipped with a quality 4K screen, has four cameras, and is powered by Snapdragon 898 SoC chip. Is this the reason why Apple is threatening Musk and Twitter?

White House press secretary Karine Jean-Pierre told reporters at Monday`s briefing that the White House was «keeping an eye on» Musk`s handling of Twitter.

There is no doubt: Elon Musk is at war with Apple.

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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by | May 2, 2022 · 5:50 pm

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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by | April 29, 2019 · 8:18 pm

Apple`s growth from other products and services jumped 19% YoY

Apple Inc is expected to report earnings on Tuesday 30 April 2019, and the earnings is expected to come in lower than for the same quarter last year. It came in at $2,73 last year and they need more than iPhones to lift that number in the future.

The stock have jumped straight up so far this year and have a good momentum. More buybacks will make the stock go higher. We will probably hear more about that on Tuesday. Another issue is their revenue due to the drop in prices.

Analysts are expecting a 6,1% revenue decline and the street call for revenue of $57,44 billion with an EPS of $2,36. The earnings will be strongly helped by Apple`s massive buyback. But what about innovation?

Is it too early for Apple to talk about new foldable phones? We know that the iPhone sales dropped 15% YoY, but we also know that there is a strong growth for other products and services which jumped 19% YoY.

The iPhone account for 61,6% of the entire revenue but that wont last for ever. In addition, they have huge competition from Chinese companies on market that is changing very fast. Apples earnings at $2,36 would represent a 14% drop YoY.

Investors are positive and optimistic about Apple`s outlook in the long run, and they are looking at a 20% growth in their strategic shift to the service segment. Apple Inc is expected to report earnings on Tuesday 30 April 2019 after market close.

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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by | June 29, 2017 · 11:57 pm

iPhone is now 10 years old and on January 9, 2007 Steve Jobs unveiled a product that changed the world

iPhone is now 10 years old. On January 9, 2007 Steve Jobs unveiled a product that changed the world. A few months later, on June 29, 2007 iPhone made its way into stores. Apple have changed dramatically since then.

Since the first generation iPhone first began selling on June 29, 2007, Apples market Cap has grown from $104,3 Billion to $760 Billion. Growing from the 26<sup>th</sup> largest company on the S&amp;P 500 to the 1<sup>st</sup>. Shares of Apple have soared 744% since the iPhones debut.

 

 

Apple has sold just over 1,2 Billion iPhones in the last 10 years.

Earlier this week the European Commission fined Google a $2,7 Billion, claiming it denied other companies the chance to compete on the merits and to innovate. They also claimed that Google denied European consumers a genuine choice of services and the full benefit of innovation.

What Europe should do is stop complaining and start to innovate. If there was a better search engine out there they will have competed with Google. The same can be said about the smart phone market too.

I acquired my first mobile phone in 1992 and it was a Ericsson which is a multinational networking and telecommunications equipment and services company headquartered in Stockholm, Sweden.

The company had a 35% market share in the 2G/3G/4G mobile network infrastructure market in 2012. They were ruling the smart phone market in the early 90`s, but something happened.

Nokia from Finland came into the market and ruled the world with their new smart phones from 1998 to 2012. That`s 14 years on top. Not bad for a company founded by Knut Fredrik Idestam in 1865.

Keep in mind that both are European companies, but something happened.

Steve Jobs changed the world 10 years ago, on June 29, 2007. He launched Apple`s iPhone which is celebrating a 10 year anniversary. In 2007, iPhone 2G were launched with a 16GB storage and 8-hour battery.

Ten years later, iPhone 7 Plus were launched with a 256GB storage and 21-hours battery. Microsoft CEO Steve Balmer said on April 29, 2007, that “There`s no chance that the iPhone is going to get any significant market share. No Chance.”

For how long will Apple continue to stay on top?

 

 

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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by | July 28, 2016 · 12:00 pm

Google will earn billions on Pokèmon`s success

Google is expected to report earnings on Thursday 28, 2016, after market close. The report will be for the fiscal Quarter ending Jun 2016. The Google stock has skyrocketed since June this year, and this company never stop to impress.

google-pokemon

A couple of days ago we saw Apple go straight up after their earnings report. It is forecasted that Apple could see $3 billion in revenue over the next one to two years generated exclusively by Pokèmon Go.

So is it for Google.

The success of Pokèmon seems to give a huge bonus for both Apple and Google. Google Play are the base for any successful games running on Google`s platform, and so is it for the App Store at Apple.

The huge difference between Apple and Google are their system like iPhone and Android, but the amount of money consumers are spending on both platforms will benefit them both.

Nintendo jumped from 15,000 (TYO: 7974) in June to 32,000 on 19 July this year on their success Pokèmon Go. But it peaked at about 32,000. It plunged 14% yesterday on bad results. Earnings of $0,65 per share from a year ago plunge to a net loss of $1,93 per share.

Nintendo`s Wii U system also fell over 50% YoY. This is why Nintendo is going down and Google up.

Keep in mind that Nintendo is not the producer of the Pokèmon go app. Nor do they sell it.

The Pokèmon Company is a joint venture between Nintendo and two other Japanese companies, and they receives license fees from Pokèmon Go`s in-game purchases. Most of all these fees goes to former Google subsidiary Niantic Labs.

It`s funny when games like this has huge success. They will all profit from it, but for how long will the trend continue? Once it is over, it will drop like a stone.

We all know the story of fresh games like Mario, Zelda and Donkey Kong, and we also know that this is not the end of the gaming era. Nintendo are about to finish its next-generation video games console, code-named Nintendo NX.

Maybe Google will profit from that to.

EPS forecast for the quarter is 6,47 compared to $4,93 at the same time last year.

 

asphalt

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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