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Thursday, October 24, 2019
Morgan Stanley Predicts Apple TV+ Could be a $9 Billion Business by 2025
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Apple's services business is set to grow by 20 percent next year, boosted by its forthcoming Apple TV+ streaming service, according to the latest predictions by Morgan Stanley analyst Katy Huberty (via CNBC).
In a new investor note, Huberty predicts that Apple TV+ will grow into a $9 billion business by 2025, despite increasing competition in the streaming market and even if only 1 in every 10 Apple user subscribes to the service:
Launching on November 1, Apple TV+ costs $4.99 per month and will be available on the Apple TV app on iPhone, iPad, Apple TV, iPod touch, Mac and other platforms, including online via www.tv.apple.com. Customers who purchase any new iPhone, iPad, Apple TV, Mac or iPod touch starting September 10, 2019, are eligible for one year of Apple TV+ for free.
Morgan Stanley also raised its target price for Apple stock from $247 to $289. That works out as a 17 percent increase based on its outlook for Apple TV+, as well as its prediction that sales will return "to growth as replacement cycles peak" in 2020 as users upgrade to Apple's 5G-enabled iPhones.
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Apple's services business is set to grow by 20 percent next year, boosted by its forthcoming Apple TV+ streaming service, according to the latest predictions by Morgan Stanley analyst Katy Huberty (via CNBC).
In a new investor note, Huberty predicts that Apple TV+ will grow into a $9 billion business by 2025, despite increasing competition in the streaming market and even if only 1 in every 10 Apple user subscribes to the service:
"With an attractive price point at $4.99/month, and wide initial distribution to the Apple installed base via the bundled free year offer, we estimate Apple TV+ can become a $9B revenue business with 136M paid subscribers by FY25, assuming just 1 in every 10 Apple user pays for the Service by FY25."Huberty also notes that for Apple TV+ to have a more material impact on its near term estimates, Morgan Stanley would have to assume: "1) Apple TV+ production costs are significantly higher at the launch of the Service, and/or 2) more users redeem the Apple 12 month free offer with the purchase of a device."
Launching on November 1, Apple TV+ costs $4.99 per month and will be available on the Apple TV app on iPhone, iPad, Apple TV, iPod touch, Mac and other platforms, including online via www.tv.apple.com. Customers who purchase any new iPhone, iPad, Apple TV, Mac or iPod touch starting September 10, 2019, are eligible for one year of Apple TV+ for free.
Morgan Stanley also raised its target price for Apple stock from $247 to $289. That works out as a 17 percent increase based on its outlook for Apple TV+, as well as its prediction that sales will return "to growth as replacement cycles peak" in 2020 as users upgrade to Apple's 5G-enabled iPhones.
Tags: Morgan Stanley, Apple TV Plus
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OnePlus 7T Pro McLaren Edition India Sale Date Preponed; To be Available Starting Tomorrow Via Amazon
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How to mute an email conversation on iPhone
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Busy email threads can be incredibly annoying, especially if you're not interested in what they say. iOS 13 includes a new mute feature that can stop them. We show you how to set it up on your iPhone
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Busy email threads can be incredibly annoying, especially if you're not interested in what they say. iOS 13 includes a new mute feature that can stop them. We show you how to set it up on your iPhone
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Time to Change Your Phone? HONOR 20i Could Be Your Best Choice
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Widespread AT&T Voicemail Outage Affecting iPhone Users in the US
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Swathes of AT&T customers in the U.S. are said to be experiencing problems accessing voicemail, based on reports on social media and the network's support forums.
The issues have apparently been going on for several weeks, but while AT&T says it's aware of the problem, the company hasn't yet provided a detailed explanation or given an indication of when it might be fixed.
Late on Wednesday, The Verge highlighted a 40-page thread in AT&T's support forums that's full of users relating their experiences trying to access voicemail, to no avail. Android users are being met with error messages, while iPhone users are unable to view the Visual Voicemail feature to manage their recordings. People have also reported problems on Google Pixel phones and Motorola phones.
The first reports date back to October 1, and customers are said to be affected in several states, including Arizona, California, Colorado, Florida, Indiana, Nevada, and North Carolina. AT&T representatives responding to the complaints have claimed that the issues are due to a "vendor server problem," but it's still unclear which manufacturer is being referred to, while a statement given to The Verge similarly lacks detail:
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Swathes of AT&T customers in the U.S. are said to be experiencing problems accessing voicemail, based on reports on social media and the network's support forums.
The issues have apparently been going on for several weeks, but while AT&T says it's aware of the problem, the company hasn't yet provided a detailed explanation or given an indication of when it might be fixed.
Late on Wednesday, The Verge highlighted a 40-page thread in AT&T's support forums that's full of users relating their experiences trying to access voicemail, to no avail. Android users are being met with error messages, while iPhone users are unable to view the Visual Voicemail feature to manage their recordings. People have also reported problems on Google Pixel phones and Motorola phones.
The first reports date back to October 1, and customers are said to be affected in several states, including Arizona, California, Colorado, Florida, Indiana, Nevada, and North Carolina. AT&T representatives responding to the complaints have claimed that the issues are due to a "vendor server problem," but it's still unclear which manufacturer is being referred to, while a statement given to The Verge similarly lacks detail:
"A recent software update to some devices may be affecting our customers' voicemail. We are working with the device manufacturer to issue a patch to resolve this and apologize for any inconvenience this has caused."The current AT&T advice for affected customers who need immediate access to voicemail is to create a new mailbox by calling customer service. However, customers who go down this route are being warned that they will lose all saved and unheard messages. The only alternative, it seems, is to simply wait it out and hope AT&T resolves the issue sooner rather than later. We'll update this article if we learn of any developments.
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Samsung Issues Software Patch to Fix Screen Protector Flaw in Galaxy S10 Fingerprint Sensor
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Samsung has issued a software patch for its Galaxy S10 smartphone to fix a flaw in the under-screen fingerprint sensor that allowed anyone to unlock the device with the help of a cheap screen protector (via Reuters).
The problem was brought to light last week, when a British user who applied a gel screen protector to her Galaxy S10 subsequently discovered that unregistered fingerprints could be used to unlock the device.
Samsung later admitted the issue can happen when patterns appearing on certain protectors that come with silicon cases are recognized along with fingerprints.
On Wednesday, Samsung issued an apology via its customer support app Samsung Members and told Galaxy phone owners to update their biometric authentication to the latest software version.
"Samsung Electronics takes the security of products very seriously and will make sure to strengthen security through continuing improvement and updates to enhance biometric authentication functions," the company said via the support app.
The Galaxy S10 is the latest in Samsung's flagship S series, which is updated each year and regarded as the iPhone's main rival.
Samsung aimed to bring an under-display fingerprint sensor to its smartphone line-up in 2018, but canceled the feature at the last minute due to technical issues surrounding the use of screen protectors.
In March, the Korean company launched the S10 to great fanfare and promoted its first under-screen fingerprint authentication solution as "revolutionary" at the time.
This article, "Samsung Issues Software Patch to Fix Screen Protector Flaw in Galaxy S10 Fingerprint Sensor" first appeared on MacRumors.com
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Samsung has issued a software patch for its Galaxy S10 smartphone to fix a flaw in the under-screen fingerprint sensor that allowed anyone to unlock the device with the help of a cheap screen protector (via Reuters).
The problem was brought to light last week, when a British user who applied a gel screen protector to her Galaxy S10 subsequently discovered that unregistered fingerprints could be used to unlock the device.
Samsung later admitted the issue can happen when patterns appearing on certain protectors that come with silicon cases are recognized along with fingerprints.
On Wednesday, Samsung issued an apology via its customer support app Samsung Members and told Galaxy phone owners to update their biometric authentication to the latest software version.
"Samsung Electronics takes the security of products very seriously and will make sure to strengthen security through continuing improvement and updates to enhance biometric authentication functions," the company said via the support app.
The Galaxy S10 is the latest in Samsung's flagship S series, which is updated each year and regarded as the iPhone's main rival.
Samsung aimed to bring an under-display fingerprint sensor to its smartphone line-up in 2018, but canceled the feature at the last minute due to technical issues surrounding the use of screen protectors.
In March, the Korean company launched the S10 to great fanfare and promoted its first under-screen fingerprint authentication solution as "revolutionary" at the time.
Tags: Samsung, Galaxy S10
This article, "Samsung Issues Software Patch to Fix Screen Protector Flaw in Galaxy S10 Fingerprint Sensor" first appeared on MacRumors.com
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