By news@appleinsider.com (Malcolm Owen) Apple’s iPhone shipments in 2024 will drop compared to 2023, analyst Ming-Chi Kuo forecasts, with a significant decline caused in part by lower shipments to China.Apple’s Head of Retail, Deirdre O’Brien, in Apple Sanlitun, BeijingApple is having trouble in China, with reports of local sellers overtaking the iPhone in the market. It now seems that the problems in China are going to affect Apple’s overall shipments for the year.In a Tuesday Medium post, TF Securities analyst Ming-Chi Kuo cites a supply chain survey that determined Apple lowered its orders for key semiconductor components to be used in the iPhone 15 and iPhone 16 generations. Rumor Score: 🤔 Possible Continue Reading on AppleInsider | Discuss on our Forums
By news@appleinsider.com (William Gallagher) Analysts from investment firm JP Morgan reports believe that the decline in Apple’s iPhone sales in China is accelerating, but Services could change that.Apple’s iPhone 15Using Counterpoint Research’s data about the first six weeks of 2024, JP Morgan has told investors that decreasing iPhone sales in China are greater than for rivals. In the note, seen by AppleInsider, JP Morgan calls the pace of decline moderate, but also a reversal of fortunes for the company.Prior to the latest figures showing the first six weeks of 2024, it appeared that the Chinese market’s slow decline had been arrested. The latest figures suggest that it hasn’t, but JP Morgan thinks that over the longer term, the market will recover. Continue Reading on AppleInsider | Discuss on our Forums
By news@appleinsider.com (Amber Neely) X, formerly Twitter, has opted its entire user base into receiving audio and video calls from anyone they follow, and you can’t turn it off on desktop browsers. Here’s how you can turn it off on your iPhone.How to turn off Twitter/X callsX now allows users to make audio and video calls to each other. Of course, you might not actually want to receive audio and video calls — especially when X doesn’t disclose whether or not the calls are encrypted.If you’re worried about getting unwanted calls, you can disable the setting on your iPhone — but not your Mac. Here’s how to do it Continue Reading on AppleInsider | Discuss on our Forums
By news@appleinsider.com (William Gallagher) In a note seen by AppleInsider, investment firm Wedbush has told its clients that it is maintaining its price target for Apple, despite what it describes as a horror show of current problems.Tim Cook at a game tournament in Apple Taikoo Li, Chengdu Wedbush raised its Apple target price to $250 in December 2023, specifically because of the company’s long-term resilience, and also its enormous base of users. Since then, Apple has seen iPhone sales fall further in China, and it’s also cancelled the Apple Car.In the note, the analysts are clear in saying that they don’t underestimate Apple’s current problems. In particular, they say that having visited Asia, they have witnessed price discounting on the iPhone because of slow sales. Continue Reading on AppleInsider | Discuss on our Forums
By news@appleinsider.com (William Gallagher) With Japan’s smartphone market declining 3.5% year over year at the end of 2023, Apple’s iPhone still continued to account for around half of all sales.Apple’s iPhone 15 Pro MaxIt’s 12 years since Apple’s iPhone first topped the smartphone sales chart in Japan, and in recent years it has regularly managed to sell between 49% and 51% of all smartphones in the country. According to IDC, that percentage figure continues for Q4 2023, with Apple accounting for 51.9% of the market.However, the overall sales of smartphones decreased by 3.5%, to 8.3 million devices, compared to the same time in 2022. IDC says that all four quarters of 2023 saw YoY declines, but Q4 was the only quarter to exceed 8 million smartphones shipped. Continue Reading on AppleInsider | Discuss on our Forums
By news@appleinsider.com (Malcolm Owen) Apple’s M3 MacBook Air update isn’t much of a change compared to the M2 version, but it is for the M1. Here’s what a two-generation difference makes for the MacBook Air.M3 MacBook Air vs M1 MacBook AirMonday’s introduction of the M3 MacBook Air family is an improvement for the lineup, but it is chiefly a spec-bump upgrade rather than an overhaul from the previous M2 versions.The M2 generation was a much bigger change for the lineup from the M1, as Apple used the opportunity to make major changes to the overall MacBook Air design. That means that, unlike comparing the M3 MacBook Air to the M2 MacBook Air, there will be a much larger collection of differences between the latest models and the 2020 iteration. Continue Reading on AppleInsider | Discuss on our Forums
By news@appleinsider.com (Malcolm Owen) The first benchmarks for Apple’s M3 MacBook Air have allegedly appeared, with the results showing a big improvement over its predecessor, the M2 MacBook Air.13-inch MacBook Air and 15-inch MacBook AirApple introduced its M3 MacBook Air lineup on Monday, adding the 3-nanometer chip to its thin and light notebook line. Less than 24 hours later, what appear to be the first benchmarks for the new models have surfaced.The benchmarks for the M3 models, found in the Geekbench 6 database by MySmartPrice on Tuesday, show a MacBook Air sporting the M3 chip. The results claim it managed 3,157 points for single-core testing and 12,020 for multi-core. Continue Reading on AppleInsider | Discuss on our Forums
By news@appleinsider.com (William Gallagher) China’s smartphone market has continued to decline so far in 2024, and local resellers such as Huawei have overtaken Apple’s iPhone.iPhone 15 Pro colorful lineupAfter coming top in China overall in 2023, Apple has dropped to fourth place in the first six weeks of 2024, according to Counterpoint Research. The post-holiday period always sees a significant drop in sales for all resellers, though, and what may be more significant is the decline in China’s smartphone market.Apple’s success in the last quarter of 2023 had led to what seemed to be a stemming of the years of decline in China’s overall sales. Counterpoint’s latest figures say that China’s market declined 7% year over year in these first six weeks of 2024. Continue Reading on AppleInsider | Discuss on our Forums
By news@appleinsider.com (Christine McKee) My Best Buy Plus members can save $50 on Apple’s brand-new M3 MacBook Air in both the 13-inch and 15-inch screen sizes.Get a discount on Apple’s new M3 MacBook Air.The AppleInsider Price Guide is tracking the best deals on Apple’s new M3 MacBook Air, and Best Buy is currently offering a $50 discount on the 2024 configs with a My Best Buy Plus membership.Save on the M3 Air Continue Reading on AppleInsider
By news@appleinsider.com (Wesley Hilliard) An analyst note suggests regulation from the EU and the $2 billion fine may put pressure on Apple’s earnings per share, but its shift to AI will help keep the earnings multiple even at about 25x.Apple is dealing with regulatory pressures and other unknownsThere’s a lot of uncertainty surrounding Apple, thanks to multiple competing forces. All eyes are on Apple’s push into AI after Project Titan was canceled, and the EU continues to take issue with Apple’s business practices.According to a note viewed by AppleInsider from JP Morgan, Apple’s current 27x earnings per share is likely to be pushed down to 25x due to several factors surrounding the company. It emphasizes potential risk from regulatory scrutiny and the loss of a potential premium multiple due to entering the electric vehicle segment. Continue Reading on AppleInsider | Discuss on our Forums
