Thursday, April 28, 2016

Investor Carl Icahn Drops Apple Shares Over China Concerns

Billionaire Carl Icahn, who has been buying large amounts of Apple stock over the past three years, today told CBNC that he sold his stake in the company.
"We no longer have a position in Apple," Icahn told CNBC's "Power Lunch" on Thursday, noting Apple is a "great company" and CEO Tim Cook is "doing a great job."


Icahn, who sold his shares earlier this year, said that he did so based on worries over China's attitude towards Apple. Earlier this month, the Chinese State Administration of Press, Publication, Radio, Film and Television forced Apple to take down the iTunes Movies and iBooks stores, and Chinese officials believe that Apple is "too deeply established" in core industries in the country. 

Apple sales also fell 26 percent in greater China in the second quarter of 2016.

"You worry a little bit -- and maybe more than a little -- about China's attitude," Icahn said, later adding that China's government could "come in and make it very difficult for Apple to sell there... you can do pretty much what you want there." 

He added, though, that if China "was basically steadied," he would buy back into Apple.
Prior to exiting his position, Icahn held 0.8 percent of outstanding shares. He told CNBC that he made approximately $2 billion on Apple and that he continues to view the stock as "cheap." 

Apple shares have been on the decline since Tuesday's earnings call, where the company announced its first ever drop in iPhone sales and its first year-over-year revenue drop in 13 years. Apple stock is down approximately 2 percent today.

Apple maybe working on a new form of autocorrect



Mistakes via text/iMessage may be something in the past if Apple adopts a newly-published patent application, which the system informs the other person on the receiving end of the line when autocorrect has kicked in.



The image above it the image of the patent which is simple. It highlights words within a message which have been changed and corrected by the OS. This would fix Siri's dictation within the Messages app. Recipients would be able to see that words were changed, but they would not be able to see the original.

Apple credits Christopher J. Hynes with the invention of U.S. Patent Application No. 14/815,910.

Originally Posted by :
An entered character string, which is part of a draft electronic message, is received. The draft electronic message is modified by replacing the entered character string with a replacement character string. The modified electronic message is sent, and a transcript comprising the modified electronic message is displayed. The replacement character string is visually distinguished within the transcript from one or more other character strings in the transcript.
[via Apple Patent]

Apple Promotes New Apple Music API Introduced in iOS 9.3

With the launch of iOS 9.3, Apple introduced a new Apple Music API, which is today being promoted through Apple's Affiliate Program Newsletter. The Apple Music API gives developers the resources to expand Apple Music functionality in their apps, through the following features: 

- Developers can see if a user is currently a member 
- Developers can see which country the users account is based 
- Developers can queue up the next song or songs based on a song ID for playback 
- Developers can inspect playlists already in My Music or create a new playlists with a title and description (see App Store Review Guidelines for limitation) 

The iOS 9.3 Apple Music API has already been built into several music-related apps, such as Shazam. The API is what enables Shazam and other music apps to do things like add songs to Apple Music playlists from directly within the Shazam app. 
shazamapplemusicApple has also launched a new Apple Music Best Practices webpage for app developers and expanded App Store Review Guidelines for Apple Music. According to Apple's guidelines, apps using the Apple Music API are subject to the following restrictions: 

- Apps using the Apple Music API that trigger playback without explicit user action will be rejected 
- Apps using the Apple Music API must expose and respect standard media controls such as "play," pause," and "skip" 
- Apps using the Apple Music API may not require payment or otherwise monetize access to the Apple Music service (e.g. in-app purchase, advertising, requesting user info) 

Apple's developer page on Apple Music also includes technical documentation on using the new Apple Music APIs, a link to the Apple Music Toolbox for finding embeddable widgets, and guidelines on how to refer to Apple Music and portray the Apple Music service within apps.

Word Flow Microsoft Keyboard For iPhone

Wednesday, April 27, 2016

Demand for iPhone SE is 'Very Strong,' Exceeds Available Supply

Apple hasn't divulged sales numbers for the recently released iPhone SE, but during today's second quarter earnings call, company executives said that demand for the device was "very strong" and higher than expected. 

According to Apple CEO Tim Cook, the iPhone SE puts Apple in a strategic plan to attract new customers with its affordable price point and powerful internal specifications. Cook says Apple is working hard to meet demand and improve shipping times for the device. 
iphonese
We're thrilled with the response that we've seen on it. It is clear that there is a demand there even much beyond what we thought. That is really why we have the constraint that we have. 
Since its release, the iPhone SE has been in short supply despite reports of lackluster sales. For the past several weeks, new iPhone SE orders have listed expected delivery times of two to three weeks, suggesting Apple has not yet been able to meet demand for the device. 

Priced attractively at $399 for the entry-level 16GB model, the iPhone SE adopted the external design of the iPhone 5s with parts sourced from later iPhone models like the iPhone 6 and the 6s. The result is a 4-inch iPhone that is on par performance wise with Apple's current flagship devices. 

Positive news about the iPhone SE comes as Apple is reporting its first ever decline in iPhone sales and its first year-over-year decline in revenue in 13 years. During the quarter, Apple sold 51 million iPhones, down from 61 million in Q2 2015. Revenue was at $50.6 billion, down from $58 billion in the year-ago quarter. 

Apple's guidance for Q3 2016 suggests it expects the downward trend to continue, with the company forecasting expected revenue of $41-43 billion. In Q3 2015, Apple posted revenue of $49.6 billion.