iOS 16.6 beta released just weeks before iOS 17’s debut.There’s a new sheriff in town this week on Silo ★★★☆☆.6-in-1 USB-C dock powers Steam Deck gaming.Enter to win the ultimate protection for your Apple Watch Ultra.Transform your iPhone or iPad into a piano instructor with Skoove.City on Fire brings its mysteries to a steady simmer ★★★☆☆.New EU Cryptocurrency Rules Make Exchanges Liable If They Lose Customers’ Assets.★ Do Wall Street Journal Reporters Read The Wall Street Journal?.Mark Gurman Recaps His Reporting on Apple’s Upcoming XR Headset and He’s Sticking With the Front-Facing Display for Googly Eyes.★ On Apple Fitting a Headset Announcement Into the Always-Packed WWDC Keynote.Apple looking to hire machine learning engineers with an interest in generative AI.Apple releases first developer beta for iOS 16.6 and iPadOS 16.6.Apple shares App Store Transparency report, detailing removals & data requests.
#Apple crosses billion active users Pc#
The PC market had a rough start to 2023, and it may only get a little better.Apple sweeps prestigious award show with 'The Greatest' ad & other content.Apple Publishes First-Ever App Store Transparency Report.Best Apple Deals of the Week: Samsung's Monitors and TVs Go On Sale Alongside New Record Low Price for Apple Watch Ultra.2023 HomePod Coming Soon to Apple's Refurbished Store for $249.
#Apple crosses billion active users verification#
iOS 16.6 Beta Lays Groundwork for iMessage Contact Key Verification.Apple's Lightning to USB 3 Camera Adapter Not Working With iOS 16.5.Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. Click or tap here to support our independent tech blog. Apple has much headroom to grow into, especially in services and – ahem! – new products in new markets (AR/VR headset, AR smartglasees, EVs, etc.).
MacDailyNews Take: The (unenacted and never signed) Law of Large Numbers was meant to be broken by Apple.īottom line: Apple stock is a buy, even more so at the current deep discount. The Apple flywheel is alive and well, following a 20-year success story in which consumers buy one Apple product, fall in love, buy another product, add a service, upgrade, and repeat. The stock’s reaction to a soft June revenue guide is the latest evidence that this investor shift is happening. Over the next five years, I expect investors will increasingly see Apple as a can’t live without consumer staples company.
I believe we are entering a new chapter in how investors view Apple. While Apple does not directly benefit from the sale of a used device, there is a long-term revenue opportunity of selling services and capturing hardware upgrades in future quarters. The used Apple device story is emerging as the company’s avenue to target the most price-sensitive smartphone buyer. That means more Apple customers are adding devices, and many of the devices that get turned in/resold are being refurbished and sold to first-time Apple customers. In the Q&A, the topic came up in 4 of the 12 questions.Īpple did not report the base’s growth rate as they did in the December quarter (up 8%), but they did report it grew which is impressive given products revenue was down 4.6% y/y in March. Gene Munster for Deepwater Asset Management:Īpple’s earnings press release led with the Cook quote on the active device growth, and CFO Luca Maestri mentioned it twice in his prepared remarks. Gene Munster, Deepwater Asset Management managing partner, joins CNBC’s “Squawk Box” to discuss Warren Buffett’s praise of Apple, the company’s stock outlook, and more.įor the March quarter, Apple beat estimates and revealed that its active base grew in the quarter to over 2 billion devices.
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