Thursday, 2 August 2018

Apple is worth over $1,000,000,000,000

It happened. Apple won the race to $1 trillion in market capitalization. Following this week’s earnings release, Apple shares (NASDAQ:AAPL) briefly traded at $207.05, which values the company sightly over $1 trillion based on the most recent share count of July 20.

While the smartphone market is more or less saturated, Apple managed to increase its margins and the average selling price thanks to the iPhone X.

iPhone sales grew by 1 percent, but revenue jumped by 20 percent. With $53.3 billion in revenue, the company managed to grow by 17 percent year-over-year.

iPad sales are more or less flat while Mac sales are down. For the past few years, Apple has been saying that services are going to become a key part of the company’s bottom line. All various services (Apple Music, iCloud, Apple Pay, etc.) now represent $9.6 billion in revenue.

But let’s be honest. Apple is killing it on the iPhone front, and it’s all that matters.

Big tech companies have been performing incredibly well for the past year. Alphabet (Google), Amazon and Microsoft now all have a credible shot at crossing the $1 trillion mark.

It’s a meaningless milestone, but an impressive one — $1,000,000,000,000.

Apple has been the biggest company in the world when it comes to market cap for years. It might not remain the case forever, so the company can celebrate this moment.

Now that tech companies have become so big, it raises a ton of questions. Do they cause antitrust issues? Is there enough regulation to make sure they don’t hold too much economical and political power?

Apple (and Tim Cook) are more powerful than many countries and political leaders. Let’s hope they use this power for good.

Apple shares are now slightly below today’s high:



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Apple is worth over $1,000,000,000,000

Apple won the race to $1 trillion in market capitalization. Following this week’s earnings release, Apple shares (NASDAQ:AAPL) are now trading at $203.57, which values the company sightly over $1 trillion by $576 million.

While the smartphone market is more or less saturated, Apple managed to increase its margins and the average selling price thanks to the iPhone X.

iPhone sales grew by 1 percent, but revenue jumped by 20 percent. With $53.3 billion in revenue, the company managed to grow by 17 percent year-over-year.

iPad sales are more or less flat while Mac sales are down. For the past few years, Apple has been saying that services are going to become a key part of the company’s bottom line. All various services (Apple Music, iCloud, Apple Pay, etc.) now represent $9.6 billion in revenue.

But let’s be honest. Apple is killing it on the iPhone front, and it’s all that matters.

Big tech companies have been performing incredibly well for the past year. Alphabet (Google), Amazon and Microsoft now all have a credible shot at crossing the $1 trillion mark.

It’s a meaningless milestone, but an impressive one — $1,000,000,000,000.

Apple has been the biggest company in the world when it comes to market cap for years. It might not remain the case forever, so the company can celebrate this moment.

Now that tech companies have become so big, it raises a ton of questions. Do they cause antitrust issues? Is there enough regulation to make sure they don’t hold too much economical and political power?

Apple (and Tim Cook) are more powerful than many countries and political leaders. Let’s hope they use this power for good.



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Wednesday, 1 August 2018

There’s more: Google is also said to be developing a censored news app for China

Can Google’s week get any worse? Less than a day after the revelation that it is planning a censored search engine for China, so comes another: the U.S. firm is said to be developing a government-friendly news app for the country, where its search engine and other services remain blocked.

That’s according to The Information which reports that Google is essentially cloning Toutiao, the hugely popular app from new media startup ByteDance, in a bid to get back into the country and the minds of its 700 million mobile internet users. Like Toutiao, the app would apparently use AI and algorithms to serve stories to readers — as opposed to real-life human editors — while it too would be designed to work within the bounds of Chinese internet censorship.

That last part is interesting because ByteDance and other news apps have gotten into trouble from the government for failing to adequately police the content shared on their platforms. That’s resulted in some app store suspensions, but the saga itself is a rite of passage for any internet service that has gained mainstream option, so there’s a silver lining in there. But the point for Google is that policing this content is not as easy as it may seem.

The Information said the news app is slated for release before the search app, the existence of which was revealed yesterday, but sources told the publication that the ongoing U.S.-China trade war has made things complicated. Specifically, Google executives have “struggled to further engage” China’s internet censor, a key component for the release of an app in China from an overseas company.

There’s plenty of context to this, as I wrote yesterday:

The Intercept’s report comes less than a week after Facebook briefly received approval to operate a subsidiary on Chinese soil. Its license was, however, revoked as news of the approval broke. The company said it had planned to open an innovation center, but it isn’t clear whether that will be possible now.

Facebook previously built a censorship-friendly tool that could be deployed in China.

While its U.S. peer has struggled to get a read on China, Google has been noticeably increasing its presence in the country over the past year or so.

The company has opened an AI lab in Beijing, been part of investment rounds for Chinese companies, including a $550 million deal with JD.com, and inked a partnership with Tencent. It has also launched products, with a file management service for Android distributed via third-party app stores and, most recently, its first mini program for Tencent’s popular WeChat messaging app.

As for Google, the company pointed us to the same statement it issued yesterday:

We provide a number of mobile apps in China, such as Google Translate and Files Go, help Chinese developers, and have made significant investments in Chinese companies like JD.com. But we don’t comment on speculation about future plans.

Despite two-for-one value on that PR message, this is a disaster. Plotting to collude with governments to censor the internet never goes down well, especially in double helpings.



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Apple is ending its App Store Affiliate Program in October

Seemingly out of the blue, Apple has just announced that its iTunes Affiliate Program will no longer include apps for iOS or macOS. These changes will go live on October 1st, 2018.

The program previously allowed individuals, blogs, YouTubers, etc to link to an app and earn a small cut of the sale if a purchase was made. When the program first launched, affiliates would make 7% of any app purchase (or a little less than 7 cents on a 99 cent app.) In April of last year, they dropped that down to 2.5%. With this news, the commission is gone completely.

The broader iTunes Affiliate Program itself will live on, but only for music, movies, books, and TV purchases.

Here’s the full text from Apple’s own newsletter

Thank you for participating in the affiliate program for apps. With the launch of the new App Store on both iOS and macOS and their increased methods of app discovery, we will be removing apps from the affiliate program. Starting on October 1st, 2018, commissions for iOS and Mac apps and in-app content will be removed from the program. All other content types (music, movies, books, and TV) remain in the affiliate program.

For more information on commission rates, please see our Commissions and Payments page on the Affiliate Resources site.

If you have questions, please visit our Helpdesk.

This news hits particularly hard for indie review sites like TouchArcade, who rely on affiliate links in their reviews for a substantial chunk of their revenue. In a post on the announcement, TouchArcade editor-in-chief Eli Hodapp writes “I really didn’t think it would be Apple that eventually kills TouchArcade.”

We’ve reached out to Apple for further insight on the change, and will update if we hear back.



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JBL’s $250 Google Assistant smart display is now available for pre-order

It’s been a week since Lenovo’s Google Assistant-powered smart display went on sale. Slowly but surely, its competitors are launching their versions, too. Today, JBL announced that its $249.95 JBL Link View is now available for pre-order, with an expected ship date of September 3, 2018.

JBL went for a slightly different design than Lenovo (and the upcoming LG WK9), but in terms of functionality, these devices are pretty much the same. The Link View features an 8-inch HD screen; unlike Lenovo’s Smart Display, JBL is not making a larger 10-inch version. It’s got two 10W speakers and the usual support for Bluetooth, as well as Google’s Chromecast protocol.

JBL says the unit is splash proof (IPX4), so you can safely use it to watch YouTube recipe videos in your kitchen. It also offers a 5MP front-facing camera for your video chats and a privacy switch that lets you shut off the camera and microphone.

JBL, Lenovo and LG all announced their Google Assistant smart displays at CES earlier this. Lenovo was the first to actually ship a product, and both the hardware as well as Google’s software received a positive reception. There’s no word on when LG’s WK9 will hit the market.



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Samsung thinks the Galaxy Tab S4 can replace your laptop

The convertible tablet space is a tricky one. After several years, no one’s managed to precisely nail it — no device will ever manage to straddle the line as the perfect laptop and tablet. But the category is a rare bright spot in an otherwise stagnant tablet market, and Samsung’s never been one to stand down from a challenge.

If nothing else, the Tab S4 represents Samsung’s most aggressive approach to the category yet. The company appears fairly confident that it will fulfill the need for both laptop and tablet for a certain segment of the population, at least — which would go a ways toward justifying that $650 starting price.

To accomplish this, the company is reinventing DeX. Formerly used to refer to the smartphone docking station, it’s now the name of the company’s desktop mode for Android. DeX is the key to the Tab’s convertibility. The S4 defaults to standard Android mode, switching over to DeX as soon as it docks in the keyboard case.

It’s an interesting choice. Rather than go with Windows 10, Chrome or any other operating systems designed specifically for the desktop environment, Samsung’s doubling down on the environment it introduced for the original DeX docks.

Why? I suspect it’s a control thing, at least in part. Windows 10 would have required surrendering more functionality to Microsoft (not the mention the consistency complications of the Android-centric Galaxy brand). With Android, Samsung can effectively run roughshod over the operating system as it sees fit.  That means, no doubt, the eventually addition of  things like the S-Pen’s Air Command interface and other proprietary Samsung differentiators.

I took a Chromebook as my sole computer on a recent trip to China. As such, I feel pretty confident in speaking to the limitations of attempting to rely on apps that aren’t optimized for desktop mode. It’s not impossible, but it’s certainly clumsy. When you launch them, they open in a small window.

You can make them full screen, but have to restart them in the process. I suspect the discrepancies won’t be as pronounced on the 10.5-inch as they would be on, say the Pixelbook, but there are still some kinks to work out. That includes the fact the Play Store doesn’t specialize in desktop apps, which cuts out a certain number of speciality programs. In my case, I had the damnedest time trying to find a fill in for Audacity, so I could edit podcasts on the 13 hour flight (cue the emails from 800 developers telling me that they have the solution). 

The good news on this front is that Samsung has worked with some key developers to offer up programs in the “App for Samsung DeX” section of the app menu. The biggest here is Microsoft, which worked with Samsung to create a DeX version of Office. There are some other key apps here as well, like Tripadvisor. For things like games, on the other hand, you’ll mostly be stuck running the mobile version.

The Tab S4 represents an interesting sort of cross section of a number of different Samsung offerings. The Galaxy Tab line meets DeX, with a side of S-Pen, which is large and optimized for the bigger form factor. There’s a slot for the stylus on the side of the keyboard case — a nice touch that has been absent in a number of these kinds of devices, including ones from Samsung itself. I can never figure out what to do with that damn pen when I’m not using it.

Live Messages — the animated Gif drawing app introduced on mobile — is here. Air Commands are present in Android mode as well. That they don’t carry over into DeX mode feels like a strange sort of oversight on Samsung’s part, but the company tells me it’s something they’re consider, so there’s that.

Also interesting is the absence of a trackpad on Samsung’s keyboard case. Touch and pen functionality are the primary methods for cursor manipulation here. I suspect that will ultimately serve most users just fine, but you’ll have to re-program your brain a bit in the process. When your hands assume typing position, habit draws them down to the trackpad, like some peripheral version of a phantom limb.

The keyboard is pretty okay, so far as keyboard cases go. I honestly prefer it to the kind of soft version you get with a Surface. There’s more tactile feedback here, and the keys are raised. They’re soft but springy. I’m in no rush to replace my full-time laptop with the device, but I write words for a living. For those whose typing is largely limited to Facebook updates and email, it’s probably just fine.

It’s also worth mentioning that the case is robust enough in keyboard mode to actually sit in your lap without collapsing. Not every convertible can say that. Surface Go, I’m looking at you.

The battery is a  bright spot here. At 7,300mAh, Samsung says it should get you around 16 hours of video playback. That seems like a fairly optimistic estimate compared to the 10 hours Apple quotes on the 10-inch iPad Prom but at the very least, it should get you through just about any flight.

The rest of the specs are pretty solid as well, including an octa-core Snapdragon 835, 4GB of RAM and either 64- or 256GB of storage, plus expandable memory via microSD. You can also get the Tab with built-in LTE (for an added cost/monthly fee, of course). That should serve you pretty well for most of what you need to do tablet or otherwise.

The port situation, on the other hand, is another pain point for replacing your desktop out right. There’s the Pogo dock for the keyboard and a single USB-C — so good luck with those accessories. Of course, you can also just get Bluetooth mouse — Samsung makes one of those specially for the Galaxy Tab, naturally.

The WiFi version of the Tab S4 arrives August 10th, along with the Verizon LTE version. Other carriers (Sprint and US Cellular) will get their models at some point later in Q3. Pricing will likely vary, based on carrier.

The Galaxy Tab S4 isn’t quite the end-all, be-all laptop replacement, Samsung was no doubt hoping for, but it does representing an interesting new paradigm for the company in the wild world of convertible tablets.

 

 

 



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Huawei overtakes Apple in smartphone shipments

Chinese smartphone manufacturer Huawei is now the second biggest smartphone manufacturer in the world according to new reports from IDC and Canalys, as The Verge initially spotted.

In IDC’s latest report, the firm says that the overall market has shrunk by 1.8 percent in Q2 2018. But the biggest surprise is that Huawei now has a 15.8 percent market share with 54.2 million smartphones shipped in Q2.

It doesn’t mean that Apple is performing poorly. The company is shipping slightly more smartphones this year compared to last year. Apple also has a slightly bigger market share with 12.1 percent of the market.

Samsung is shipping 10.4 percent less smartphones but still remains the leader with 20.9 percent market share, or 71.5 million smartphones. In other words, many Samsung buyers are now buying Huawei devices, or other Android devices.

Canalys confirms this trend with the same order — Samsung, Huawei and then Apple. But the firm also highlights that Apple suffers from seasonability compared to its competitors.

Samsung and Huawei sell many different devices and release new phones all year long. Apple usually releases new devices in September, which creates a huge spike during the last quarter of the year. Apple will likely overtake Huawei and maybe even Samsung in a couple of quarters.

It’s interesting to see that Huawei is performing so well while the company has had issues with the U.S. government. If you browse the smartphone category on Amazon, Honor devices usually appear near the top of the list — Honor is Huawei’s brand for cheaper devices. The Huawei P20 Pro is also a solid device for those looking for a premium device.



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