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NAS:AAPL, Sep 22, 11:32 UTC

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Wednesday, September 11


News

Everything you need to know about Apple's iPhone 11 launch

AAPL

Apple released three new iPhone 11 smartphones - as expected - last night alongside the latest Apple Watch 5, and an updated entry-level iPad. It also pinned launch dates on its long-awaited games and TV services, and revealed that iOS 13 will be released on 19th September. However, many observers found the launch underwhelming, with the iPhone 11 offering only incremental upgrades before the expected release of 5G-capable of iPhones next year, while some of the features showcased on the Apple Watch 5, such as an always-on display and compass (!) The iPhone 11, meanwhile, offers just a double camera array, but a new glass and aluminium chassis that, the Apple claims, makes it one of the toughest smartphones made to date (not including ‘rugged' smartphones, of course). Apple's iOS 13 operating system will ship on the all-new iPhone 11 models, coming to iPhone and iPad users from Thursday 19th September.

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Capital Management Corp VA Purchases 78 Shares of Apple Inc. (NASDAQ:AAPL) – TechNewsObserver

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Capital Management Corp VA lifted its position in Apple Inc. (NASDAQ:AAPL) by 6.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). Monness Crespi & Hardt reissued a “buy” rating and set a $265.00 price target (up previously from $245.00) on shares of Apple in a research report on Wednesday, July 31st. Four investment analysts have rated the stock with a sell rating, nineteen have assigned a hold rating, twenty-four have assigned a buy rating and one has issued a strong buy rating to the company. The stock has a market capitalization of $963.76 billion, a price-to-earnings ratio of 18.19, a price-to-earnings-growth ratio of 1.78 and a beta of 1.24.

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Without 5G, Apple’s New IPhones Risk Falling Behind in China

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Without 5G, Apple’s New IPhones Risk Falling Behind in China. (Bloomberg) -- Apple Inc.’s decision to skip support for the latest wireless standard on its new iPhones may cost the company a chance at capturing China’s biggest smartphone replacement wave in years. The iPhone maker, which is the only foreign brand to hold a top-five position in China, is struggling to fight off local competitors Huawei Technologies Co., Oppo and Xiaomi, whose slicker designs, more sophisticated cameras and cheaper price tags are wooing customers all over the country. The lack of fifth-generation (5G) cellular support in the newly announced iPhone 11 family won’t immediately be an issue, but it could hurt Apple in mid-2020, when analysts expect China’s smartphone market to rapidly ramp up 5G demand.

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Apple's new, lower priced iPhone draws tepid response in Asia

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FILE PHOTO: CEO Tim Cook presents the new iPhone 11 at an Apple event at their headquarters in Cupertino, California, U.S. September 10, 2019. The iPhone 11, launched on Tuesday for $50 less than last year's base XR model, was met with a limp response from social media users in Asian markets that are dominated by Huawei Technologies and Samsung Electronics (005930.KS). Lowering the entry price point, a rare move from Apple, was likely an effort to attract buyers in China, where Apple has ceded ground to Huawei due to a surge in support from patriotic Chinese consumers after the Chinese brand was caught in the U.S.-China trade standoff, said analysts. "Apple's new phones were no surprise at all. Only tangible change is having an additional camera on their premium model," said Park Sung-soon, an analyst at Seoul-based Cape Investment & Securities. "However, it is noticeable that Apple has made a price cut for the newest iPhone for about $50, which is a very rare move for the company. The move might be aiming to manage and reduce potential risks drawn by the U.S.-China trade war."

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Tepid reaction for Apple's new iPhones in China amid tough competition

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Tepid reaction for Apple's new iPhones in China amid tough competition. HANGZHOU/SHANGHAI (Reuters) - A lower price tag and new features may not be enough for Apple Inc <AAPL.O> to win customers for its newly-launched iPhone 11 series in China, the world's largest smartphone market that is already crowded with cheaper and feature-packed rival handsets. Apple's unveiling of three new iPhones in California met with a limp reaction on Wednesday from analysts and on social media in China, where the U.S. giant has been losing ground to competitors in recent years. One meme doing the rounds on social media featured Apple Chief Executive Tim Cook bragging about the new features and Richard Yu, CEO of Huawei's consumer business group, shutting him down by pointing out that Huawei has had those features for years. When it came to features, one of the main draws of the new launch for U.S. buyers - a $5 per month Netflix-like streaming service - will not be available in China.

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Apple Debuts New $29 AppleCare+ Plan for AirPods and Beats

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Apple Debuts New $29 AppleCare+ Plan for AirPods and Beats. AppleCare+ extends the warranty of AirPods, Beats earphones, and Beats headphones to two years from the date of purchase (up from one year) and includes two incidents of accidental damage coverage for a $29 service fee. The AppleCare+ plan for headphones can be bought when purchasing new AirPods or Beats or within 60 days of the purchase. Buying AppleCare+ after the initial purchase will require a visit to an Apple Store or by calling a specific support number and running a remote diagnostic.

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Japan shares at 6-week high as banks, exporters, Apple suppliers shine

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Japan shares at 6-week high as banks, exporters, Apple suppliers shine. TOKYO, Sept 11 (Reuters) - Japanese stocks rose to a six-week high on Wednesday as bank shares extended recent gains thanks to rising bond yields, while major exporters reaped the rewards of a faltering yen. Suppliers to Apple Inc also gained after the California-based tech company announced a new lineup of iPhones. The largest percentage gainers were Fukuoka Financial Group Inc, up 7.48 %, followed by Concordia Financial Group Ltd gaining 6.33% and Resona Holdings Inc up by 5.94%.

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Apple introduces $29 AppleCare+ for Headphones covering AirPods and Beats - 9to5Mac

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Accidental coverage for two years comes with the super affordable price of $29. And it’s possible to add the coverage to AirPods and other eligible headphones if you’ve purchased them within the last 60 days. In addition, you’ll get 24/7 priority access to Apple experts via chat or phone. Notably, it doesn’t mention the charging case for AirPods or Powerbeats Pro but one would expect that to be covered as well. Keep in mind though that this AppleCare+ for Headphones plan doesn’t include theft or loss coverage.

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Tuesday, September 10


News

Apple rolls out new streaming TV service for $5 a month

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Apple CEO Tim Cook talks about the latest iPhone during an event to announce new products Tuesday, Sept. 10, 2019, in Cupertino, Calif. (AP Photo/Tony Avelar). CUPERTINO, Calif. (AP) — Apple is finally taking on Netflix with its own streaming television service and, uncharacteristically for the company, offering it at a bargain price — $5 a month beginning on Nov. 1. It may be sheer coincidence that the cost of paying for both Apple and Disney subscriptions will still be a dollar less than Netflix’s main plan, priced at $13 a month. But the intent to disrupt Netflix’s huge lead in the streaming business couldn’t be clearer. Most analysts expected Apple to charge $8 to $10 per month for the service, which will be called Apple TV Plus. But Apple is entering a market that Netflix practically created in 2007 — around the same time as the first iPhone came out. And Netflix has amassed more than 150 million subscribers, meaning that Apple needed to make a splash.

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All the key announcements from Apple’s live event

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Apple has announced a range of new devices at its latest live event, including the next generation of iPhone devices. The entry-level iPhone 11 comes with a 6.1-inch Liquid Retina display and a new dual rear camera system that contains a wide-angle and ultra-wide angle lens. It also contains Apple’s new A13 Bionic chip, which uses machine learning to help stitch together better images from a number of different shots, as well as better optimisation for battery life and general phone performance. Another step up from the standard 11 is that both the Pro and the larger Pro Max have triple rear camera systems – including an additional telephoto lens.

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