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Showing posts with label apple. Show all posts
Showing posts with label apple. Show all posts

Wednesday, March 19, 2014

After rough IPO, concern for Apple supplier Japan Display

The IPO for the world's largest smartphone display supplier did not go swimmingly on Wednesday.
After rough IPO, concern for Apple supplier Japan Display

japan Display, the world's largest smartphone display supplier, had a rough IPO on Wednesday.
When Japan Display (JDI) listed its shares in a $3.1 billion initial public offering Wednesday, the price at opening dropped 15 percent below the IPO price, as reported by Nikkei.
This despite the fact that the IPO price of 900 yen (about $8.87) was at the lower end of the suggested IPO range, according to The Wall Street Journal.
And the share price got as low as 706 yen on Wednesday.
"The [IPO] pricing was wrong," Amir Anvarzadeh, director of Japan Equity Sales at BGC Partners, said in CNBC interview.
"They're very focused on the smaller screens, low-temperature polysilicon, which is still good business," he said. JDI's low-temperature polysilicon technology is used in Apple'siPhone 5S display.
"[But] in the case of small screens [and] low-temperature polysilicon, we're seeing the Taiwanese coming [on] and the Koreans have moved on to AMOLED," or active-matrix organic LED, according to Anvarzadeh. The latter is used by Samsung on its popular Galaxy smartphones, for example.
JDI is a merger of the display businesses of Sony, Toshiba, and Hitachi, all of which had been crippled by losses in their respective small display businesses.
The merger -- which received major financial backing and support from the Japanese government -- looked doomed at first, but eventually, in 2010, the company was formed.
Subsequently, JDI became a major supplier of displays for Apple's iPhone.
For the nine months through December, Japan Display reported a profit of 33.5 billion yen ($331 million), exceeding the previous full year profit by about 10 times, according to the Wall Street Journal.
JDI has about 16 percent of the smartphone display market, the largest share of any one company.

"The question mark is what happens after this year when [Taiwanese] companies like AU Optronics (AUO) begin to bring supply in?" Anvarzadeh asked, who said repeatedly during the interview that the Taiwanese are just now beginning to get their production yields to levels that are competitive with market leaders like JDI.
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Why an 8GB iPhone 5C just isn't a good deal

commentary Nowadays, what can 8GB get you? One movie, a few apps and songs, and your phone is already at full capacity.
Apple's iPhone 5C now comes with an 8GB variant in Europe and some other regions.

Please, please, please, don't buy the 8GB iPhone 5C.
Apple on Tuesday introduced a version of its new, brightly colored iPhone that comes with half the storage of the former cheapest model but also a smaller price tag. In the UK, for example, the 8GB iPhone 5C costs £429 ($712) versus £469 ($779) for the 16GB model. For now, the 8GB iPhone 5C is available only in the UK, France, Germany, Australia, and China. US customers will have to settle for the 16GB version or choose another iPhone model like the(non-4G) 4S.
The 8GB iPhone 5C may look like a great bargain, especially if you're paying full retail price for the phone. If that's the case, £40 could make a big difference. But just because you're getting a break on the price doesn't mean it's a good deal.
It all comes down to the fact that 8GB isn't really enough storage anymore. When Apple first introduced the iPhone, the device essentially was an iPod with extra communication features. Apps and photos didn't take up much space, and people had smaller music files. Now, however, the photos are higher quality, the apps and games have better graphics and are bigger, and the Retina Display screens push people to watch HD movies instead of standard definition. All of that equates to larger files, and there's no way this trend will reverse.
To put it in context, downloading Oscar winner "12 Years A Slave" on iTunes takes up 4.79GB of storage for the high-definition movie file and 2.07GB for the standard version. When first downloaded, Twitter takes up 14.7MB of storage space, Facebook 62.6MB, and Vine 12.9MB. By themselves, it may not seem like much, but together, it adds up very quickly. The apps also take up more space the more you use them.
The iOS operating system itself requires about 3GB of space to download (you get back more than 2GB of that space once the installation is finished, but you'll have to delete files to reach that threshold again once the next iOS update comes around). With an 8GB iPhone, you'll basically be able to download only one movie and a handful of songs and apps before reaching your storage limit.

Arguments can be made that those of you on strict budgets -- or children or people who prefer to keep their content in the cloud and stream music and movies rather than download them -- might find that level acceptable, but for how long? If you're on a budget, you probably won't be a buying a new iPhone every single year, and it won't take long to use up 8GB of storage. I filled up my 64GB phone in less than a year (though I admittedly own a sizeable collection of music and movies, and I also take a ton of photos). With the rise of the selfie, is 8GB really enough for anyone anymore?
This isn't the first time Apple has released an 8GB variant of its popular iPhone. It did the same for the 4S in September, two years after the device first hit the market. Apple also made an 8GBiPhone 4 and an 8GB 3GS after the smartphones originally debuted. However, the last iPhone to have an 8GB model at launch was the 3G, and no other current Apple gadgets, besides the iPod Shuffle, come with less than 16GB of flash storage. So far, Apple's not releasing the 8GB iPhone 5C in the US.
Listen, Apple, I get why you made this phone. You know you need to find some way to address the middle and low ends of the smartphone industry, but you also don't want to sacrifice your margins. Figuring out the right balance for keeping customers happy but also making money is a tough task. I sure don't know what the magic formula is. But simply cutting the amount of flash memory in half isn't the way to do it.
Consumers aren't stupid. They may not know exactly how much space each item takes up, but they know that 8GB isn't much. That little storage may fly on a low-end Android device because most people buying really cheap Android phones have low expectations. But iPhones are different. They're supposed to be the most premium devices on the market, and consumers are supposed to have a great experience, whether they buy the highest-end iPhone 5S or the two-year old 4S. And increasingly, an 8GB iPhone does not equate to a great experience.
If this is someone's first iPhone, it may not give them the best picture of what an Apple device is really like. I would be frustrated if I got a new phone, only to find out I couldn't load it up with all the things I want. And in places like China, this could be the only computing device a person has. Can you imagine having only 8GB of storage on the sole gadget you use to connect to the Web and store your photos, videos, and music?
There are much better bargains to be had for the cost-conscious buyer. CNET called the Nokia Lumia 520, which retails for less than $200 off contract, "one of the best budget phones around." The Google Nexus 5, which costs $349 for 16GB without a contact, is "not just the best unlocked phone on the market, but the best Nexus phone by far," CNET said. And there's also the Moto G, which offers a full 16GB of storage at a far more affordable price. We can expect to see even more lower cost phones throughout the year.
I know the iPhone has a lot of allure, but do yourself a favor and pass on this one.
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Cheaper new 8GB iPhone 5C goes on sale

Apple's quietly slipped a less expensive iPhone 5C into its lineup, but so far it's only on sale in China, Europe and Australia.

A new lower-capacity iPhone 5C has gone on sale across Europe, with the UK Apple Storecharging £429 ($712) for the unlocked smartphone.
French and German iPhone fans can get their hands on one for 559 euros ($779), while Australian Apple aficionados can spend A$679 ($616) on the new mobile. Interestingly, it's also available in China, for 4,088 yuan ($660).
The new model has 8GB of storage, or half the amount of the former cheapest model, which remains at £469 in the UK. The iPhone 4S is still available, for £349, but the new 5C is Apple's least expensive 4G LTE phone.
The colorful mobile has yet to surface on Apple's Web site in the US. We'll update this story if dollar prices become available later today.
In another value move, Apple also reintroduced the iPad with Retina Display, the full-size tabletthat was made obsolete by the iPad Air last year. The US Apple Store is flogging the fourth-gen iPad for $399, the same as the iPad Mini. It's only available with 16GB of storage.
Apple was widely tipped to undercut its junior smartphone with a lower-cost model earlier this week. The pastel-hued plastic phone is deemed to have underperformed compared to previous new iPhones, but as a way of repackaging last year's technology it's been a fairly safe gamble for the California company.

The UK network O2 was one of the first to offer the 8GB 5C, with offers including £410 ($682) upfront on a £13 monthly tariff.
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iPad with Retina Display makes $399 comeback, knocks out iPad 2

Apple's finally discontinued its ancient iPad 2, replacing it with last year's fourth-gen Retina iPad.
Apple tweaked its iPad lineup Tuesday morning, bringing back the fourth-generation iPad with Retina Display in place of the elderly iPad 2.

Available with only 16GB of storage, the comeback tablet is listed on Apple's US Web site either with just Wi-Fi for $399, or with Wi-Fi and cellular for $529. Consumers can choose between models from AT&T, Sprint, T-Mobile, and Verizon.

Apple CEO Tim Cook canned the Retina-enabled iPad last year when he launched the super-skinny iPad Air. The high-end iPad still starts at $499, while the Retina iPad Mini is still $399.
t makes your buying decision fairly straightforward: $300 for the older, smaller iPad Mini; $400 for the nicer Retina Mini or the older Retina iPad; or $500 for the whiz-bang iPad Air. Then add $100 to double the storage, and $130 to add cellular data.
The Retina iPad is £329 in the UK, A$529 in Australia and 389 euros in Europe for the Wi-Fi only model.

A new, cheaper version of the colorful plastic iPhone 5C also went on sale today, but so far it's only available in Europe, the UK, Australia and China.
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Thursday, March 13, 2014

Apple unveils iOS 7 in biggest update ever

Apple CEO Tim Cook unveiled a completely redesigned iOS 7 operating system for the iPhone and iPad at his company's annual software developer conference on Monday, including a long-rumored iTunes Radio music service.
Apple unveils iOS 7 in biggest update ever

The iOS 7 refresh, unveiled at the company's annual Worldwide Developers Conference, includes a slew of major design changes, as well as multitasking support for all apps.
"It is the biggest change to iOS since the introduction of the iPhone," Cook said to a standing ovation from a crowd of Apple fans and developers.
iOS 7: The new iOS 7 is more colorful than the previous iteration, and the typeface was optimized for easier reading. A new swipe-left gesture lets users toggle seamlessly between programs, a double-tap of the home button displays cards of all the apps currently running, and a slick Control Center lets users adjust settings or play music.
The Safari browser received a big update, with a tab-swipe design that resembles iTunes' Cover Flow. The iOS 7 camera provides more photo options, such as panoramic setup or special filters. Now, photos can be organized into "moments" and "collections" organized by time and location. And a new feature called AirDrop provides one-tap access to share items with other iOS 7 users, including photos with friends.
The sleek iOS 7 is the brainchild of Apple design whiz Jony Ive, who recorded one of his trademark white-background videos to highlight iOS 7.
"We are defining an important new direction, and in many ways, a new beginning," Ive said in the video.
iTunes Radio: The other big announcement was Apple's long-rumored streaming music service. ITunes Radio is built into iTunes on iOS devices, Macs, PCs and Apple TV, and it tailors song suggestions based on user preferences. The service is free with ads, while subscribers to the $25-a-year iTunes Match program won't see ads.
Apple didn't say much else about its service, but a giant like Apple could shake up a field already choked with competitors like Spotify, Google (GOOG, Fortune 500), Twitter, Mog and many more. Investors in the most obvious iTunes Radio rival, Pandora (P), didn't appear to be concerned, though: Pandora shares closed 2.5% higher after Apple's event.
Macintosh: Earlier in the keynote, Apple revealed an update to the Mac operating system. Craig Federighi, Apple's SVP of software engineering, showcased the new Mac OS X 10.9, dubbed "Mavericks." The moniker, inspired by a popular California surf spot, is a departure from Apple's previous cat-themed OS X releases.
The Mavericks update includes a tabbed "Finder" window, tags, improved multiple-display support, a new Maps app and a more social Safari browser. A new iCloud "keychain" service stores passwords, credit cards and Wi-Fi network login information across all Apple devices.
Apple also unveiled a new MacBook Air line, which comes loaded with Intel's (INTC,Fortune 500) just-released "Haswell" processors and nearly double the battery life of their predecessors.
Marketing chief Phil Schiller also previewed the long-awaited new Mac Pro, taking a shot at Wall Street analysts who have criticized Apple lately.
"Can't innovate anymore, my ass," Schiller declared during the Mac Pro preview, drawing laughs from the audience. The Mac Pro will be assembled in America, though the company didn't say where the parts will be manufactured.
Apple (AAPL, Fortune 500) was one of the worst performers in the S&P 500 (SPX) in the first quarter of the year. While shares have recovered a bit lately, they're still off 18% year-to-date.

Apple shares closed the day 1% lower, after trading up 1% during the event.
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6 best new Apple products from WWDC 2013

From a redesigned iOS to new top-of-the-line Macs and iTunes Radio, Apple showed some impressive new products at its annual conference.
6 best new Apple products from WWDC 2013

Tim Cook began his talk about Apple's mobile operating system by saying the company didn't just want to sell the most devices but make gadgets people "actually use and love the most." He then unveiled a totally new version of the firm's mobile OS, dubbed iOS 7, which got a standing ovation from the crowd. (One audience member shouted out "We love you!" as Cook took the stage after a video presenting the concepts behind the new OS.)
The design eschews the so-called skeuomorphic design -- in which software looks like the real-world objects it represents -- that was favored by Steve Jobs and the ousted Scott Forstall. Instead, the system presents a much more flat and colorful design. In fact, the system is all new from the bottom up, looking very little like predecessors. From the fonts to the app icons, the entire OS looks much cleaner and simpler. Apple (AAPL, Fortune 500) showed off a new Safari web browser and weather app, among others. Siri is getting two new voices -- one male and one female -- along with more features for use in a car. Perhaps one of the most impressive new elements is the way the design attempts to create depth. For example, if a user tilts their device slightly, the background wallpaper stays fixed while the app icons shift slightly, creating a 3D effect. iOS 7 will be available this fall.
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