Apple Inc Today

AAPL: 118.03

Stock Chart

Following Monday’s report that Apple is planning to launch Apple Pay in China in February of next year, Bloomberg reports that it has reached a preliminary agreement with UnionPay to use its card-processing terminals. The agreement was an essential step along the way as UnionPay has a monopoly on card-processing in China.

The agreement is provisional, as it still requires the individual banks to agree. They have reportedly been reluctant to agree to the 0.15% cut Apple takes of each transaction. Given the transaction volumes involved, that soon adds up to a significant chunk of the tiny percentage banks charge retailers.

That isn’t the only hurdle Apple needs to overcome …  expand full story

Apple Inc November 24

AAPL: 118.88

Stock Chart

Apple Inc November 20

AAPL: 119.30

Stock Chart

Developers of pro apps have long complained that Apple’s App Store policies are a barrier to them creating iOS versions of popular Mac apps. The launch of the iPad Pro has brought the issue front and center, with a number of developers sharing their thoughts with The Verge.

There are two key issues, they say. First, pro apps are expensive, and users want to satisfy themselves that they are worth the money before they pay. Free trials are the usual way to achieve this with desktop apps, but the App Store doesn’t allow them to offer the same option for iOS apps …  expand full story

Apple Inc November 19

AAPL: 118.78

Stock Chart

The variously-reliable Digitimes reports supply-chain sources as saying that Apple is likely to ship more than 10M Apple Watches by the end of the year, noting that the company is currently seeking a second supplier.

Apple has placed orders for four million Apple Watches for the fourth quarter, targeting mainly demand from the year-end holidays. Sales of Apple Watch are expected to surpass 10 million units in 2015 […]

Apple is to seek another manufacturer aside from Quanta Computer, according to a Chinese-language Apple Daily report … 

expand full story

Apple Inc November 18

AAPL: 117.29

Stock Chart

A Goldman Sachs investment note argues that Apple has huge potential for generating more recurring revenue, suggesting an opportunity to generate an additional $7.6B a month, reports Business Insider. The company points to the rumored Apple TV subscription service as one future source of monthly revenue.

In a recurring revenue framework, we have constructed an average revenue per user (ARPU) metric that captures the installment plan pricing of the iPhone ($32/month), assumed installment plans for the other hardware products, and services (e.g. Music at $10/mo, TV at $40/mo) … 

expand full story


Submit a Tip


Submitting a tip constitutes permission to publish and syndicate. Please view our tips policy or see all contact options.

Powered by VIP