Monday, April 1, 2019

Apple to Announce Q2 2019 Earnings on April 30

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Apple today updated its website to announce that it will share its earnings results for the second fiscal quarter (first calendar quarter) of 2019 on Tuesday, April 30.

Apple's second quarter earnings results will give us a look at how well Apple's products are doing following the first fiscal quarter of 2019, which saw Apple unexpectedly lower its revenue guidance due to fewer than anticipated iPhone upgrades.


Apple has dropped prices on iPhones and other products in China and some other emerging markets, plus it has shifted towards focusing on trade-in deals and monthly payment plans that lower the cost of the newest iPhones.

Apple's guidance for the second fiscal quarter of 2019 included expected revenue of $55 to $59 billion and gross margin between 37 and 38 percent. Apple in Q2 2018 brought in $61.1B in revenue, so the company is expecting a year-over-year decline in Q2 2019 based on its provided guidance.

As announced back in November, this will be the second quarter where Apple will not provide specific unit sales data for iPhone, iPad, and Mac.

Apple's quarterly earnings statement will be released at 1:30 p.m. Pacific/4:30 p.m. Eastern, with a conference call to discuss the report taking place at 2:00 p.m. Pacific/5:00 p.m. Eastern. MacRumors will provide coverage of both the earnings release and conference call on April 30.


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Bragi, Known for 'Dash' Wire-Free Earbuds, Sells Wearables Business

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Bragi, a company known for making some of the first wire-free headphones to compete with the AirPods, has exited the wearables market, reports Wareable.

Bragi says that its product business has been sold to a third-party buyer and that while it will continue to license its IP and artificial intelligence, it will no longer be making new devices.


From the company's CEO:
"Bragi's technology suite is applied beyond our own products to partners and headphone brands. The Dash Pro featured groundbreaking ultra efficient AI and software that could be updated with new features such as Amazon Alexa, language translation and personalised hearing. With the sale of our product business, Bragi has completed its transformation into a software, AI and IP licensing company."
The first wire-free headphones from Bragi, The Dash, debuted on Kickstarter in 2014. The company raised millions, and ahead of when the AirPods launched, Bragi announced an AirPods competitor, "The Headphone."

The Headphone was a cheaper version of The Dash designed specifically to compete with the AirPods, but Apple's AirPods were a major hit with Apple customers and we heard little else from Bragi after the launch of the Headphone and a follow up to the Dash called the Dash Pro. Bragi's products were decent, but were never quite able to measure up to the AirPods.

All products were out of stock on Bragi's website as of January 2019, though Bragi's CEO did not initially admit to the imminent closure of the company.

Bragi did not unveil who purchased the rights to its headphones products, but said Bragi customers who own Bragi devices will continue to be able to access support.


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Apple Was Unable to Ink Apple News+ Deals With WaPo and NYT Despite 'Vigorous Courtship'

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Apple was desperate to secure deals with The Washington Post or The New York Times for its recently announced Apple News+ service but was ultimately unable to persuade them to sign up despite a "vigorous courtship," according to a new report from Vanity Fair.

Shortly after Apple's Texture deal last spring, Apple began discussions with the two news sites, putting a "tremendous" amount of pressure on them and promising to significantly increase their readership.

"Eddy Cue was in and out of their offices really trying to woo them." Cue's elevator pitch, according to people familiar with the discussions, was, "We'll make you the most-read newspaper in the world."
Apple was aiming for access to the full content from the two newspapers, rather than a pared down offering or a selection of stories on a specific set of topics. Apple is said to have not wanted "limitations in terms of content."

Neither The New York Times nor The Washington Post could be convinced to join Apple News+. Both publications have successful online subscription offerings already. The New York Times charges $15 per month for a basic digital subscription, while The Washington Post charges $10. The newspapers get to keep 100 percent of the revenue brought in by those subscriptions.

Apple wanted to include full access to the content from the news sites for the $9.99 per month asking price of Apple News+. According to prior reports, Apple keeps 50 percent of the subscription revenue for Apple News+ and splits the other 50 percent among publishers based on how much time is spent consuming their content.

If The New York Times and The Washington Post joined Apple News+, their existing subscribers would have little reason to keep paying them $10 to $15 per month instead of paying the $9.99 subscription to Apple News+, which would also include other news content and magazines. Apple believes its huge subscriber base would ultimately bring more readers to the news sites, but neither newspaper was swayed by that argument.

Meredith Kopit Levin, the chief operating officer for The New York Times, told Vanity Fair that the newspaper wants to have a direct relationship with its readers.
"We've been pretty deliberate about saying that the best place you can experience journalism is through a relationship with a news provider. So far for us, that has meant a direct relationship with users. The more we have a relationship with users, the better we think our business will be, and the better the experience that we can provide to them."
A spokesperson for The Washington Post said that the paper's focus is on growing its own subscription base, which meant joining Apple News+ "just did not make sense" at the current time.

While Apple was not able to secure deals with either The Washington Post nor The New York Times, it did ink a deal with The Wall Street Journal. The full content from The Wall Street Journal is unlocked for Apple News+ subscribers even though a standard subscription starts at $19.49 per month for the first year, after which it goes up to $38.99.

There are caveats, though. A limited selection of general news and opinion pieces are promoted through Apple News+, and other content from The Wall Street Journal must be manually searched for. Apple News+ also only provides three days worth of archives from The Wall Street Journal.

According to Vanity Fair, The Wall Street Journal has less to lose than other news sites. Its main subscriber base consists of corporate accounts and "high net-worth individuals" interested in business and finance news rather than the more general news content that will be promoted via Apple News+.

Apple has also secured deals with hundreds of magazines, and much of Apple News+ comprises access to magazines like National Geographic, Vogue, The New Yorker, and other high profile titles. Magazines also have less to lose than digital sites already offering subscriptions as most don't have established digital subscription businesses.

Publications that do not have large audiences paying for digital access each month have the potential to be more successful with Apple News, but for sites like The New York Times and The Washington Post, there's a real risk that joining would cannibalize existing subscribers.

It's not yet clear if Apple News+ will ultimately be successful for Apple's media partners, and it's possible that if it is, news sites that have declined joining will do so in the future.

For more on Apple News+, make sure to check out our full guide on the subscription service.


This article, "Apple Was Unable to Ink Apple News+ Deals With WaPo and NYT Despite 'Vigorous Courtship'" first appeared on MacRumors.com

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Two-Way Wireless Charging Coming to 2019 iPhones

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Apple's 2019 iPhones are going to have a two-way wireless charging feature that will allow the iPhone to charge other devices like the AirPods, Apple analyst Ming-Chi Kuo again confirmed in a report sent out to investors today.

Kuo previously mentioned the feature briefly in a February note, and today he goes into a bit more depth about the suppliers who will benefit from the feature.

Two-way wireless charging as demonstrated in the Galaxy S10+

Two-way wireless charging, or bilateral charging, will let the Qi-based iPhones coming in 2019 charge another iPhone or the new AirPods with Wireless Charging Case. You'll essentially be able to charge any Qi-based device with your iPhone, as it will work as a wireless charger itself.

This is a feature that Samsung has already debuted in its 2019 Galaxy smartphones, and in those devices, it's known as Wireless PowerShare.


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Apple Lowers Prices of iPhones, iPads, Macs, AirPods, and More in China as VAT Cut Takes Effect

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Apple has lowered the prices of several products in China this week, including the latest iPhones, iPads, and AirPods.


As noted by CNBC, the iPhone XR now starts at 6199 RMB on Apple's online store in China, nearly five percent lower than its previous 6499 RMB price tag. The higher-end iPhone XS and iPhone XS Max models each received a 500 RMB price cut as well and now start at 8,199 RMB and 9,099 RMB respectively.

Likewise, the second-generation AirPods with the standard Lightning charging case now start at 1,246 RMB, down slightly from 1,279 RMB, and the 11-inch iPad Pro has been discounted to 6,331 RMB from 6,499 RMB previously.

The price cuts appear to be due in part to a reduction in China's value-added tax (VAT) that went into effect today to help boost the economy there, but regardless of the reason, any price cut could be good news for Apple as it seeks to bolster sales in China.

Last quarter, Apple issued its first revenue warning in 16 years due to "fewer iPhone upgrades" than it anticipated and "significantly greater" than expected economic weakness in the Greater China region. Apple already discounted iPhone prices at third-party resellers in China to improve results.

Tag: China

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DirecTV Now Revives Apple TV Deal: Prepay for Four Months ($200) and Get a 32GB Apple TV 4K at No Cost

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It's been ten months since DirecTV Now ended its last Apple TV offer, and today the company has debuted a new version of the deal to coincide with its recently-launched subscription bundles. This time around, if new subscribers prepay for four months of DirecTV Now's cheapest subscription tier (now $50/month, due to price hikes), they'll get a 32GB Apple TV 4K at no extra cost.


In the end, you'll be paying around $200 for four months of DirecTV Now and a brand new Apple TV 4K, which would traditionally total to $380. As with the previous deals, you can cancel your DirecTV Now subscription after you receive the Apple TV 4K, and still gain access to the service for the remainder of the first four months.

AT&T's resurfaced deal isn't as good as its previous incarnation, which required users to prepay for 3 months of DirecTV Now (previously priced at $35/month at its cheapest) to receive the 32GB Apple TV 4K at no cost, with the total price reaching $105. This meant you were getting the $179 Apple TV 4K discounted in addition to a few months of DirecTV Now.

The new $200 deal is more expensive than the $179 MSRP of a 32GB Apple TV 4K, so you'll need to be interested in DirecTV Now to get the most out of the offer. During its fourth quarter earnings report for 2018, DirecTV Now reported that it lost 267,000 subscribers. This was attributed to the closure of discount bundles like the original Apple TV 4K offer, so it appears the company is trying out a new version to entice new subscribers into signing up.

Those interested can head to DirecTV Now's website to find more information and place their order before the sale expires on April 30, 2019.

Related Roundup: Apple Deals

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April Fools Day 2019 Top 5 Pranks by Tech Brands: Nokia 9 X-Ray, OnePlus Car, Ola Restrooms, and More


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