Apple May 3

AAPL: 95.18

1.54
Stock Chart

According to a report from Fortune and her LinkedIn profile, Apple has recently hired former Nest executive and co-founder of Google X Yoky Matsuoka. At Nest, Matsuoka was the head of technology. According to the report, Matsuoka is joining Apple to help with its health initiatives, including ResearchKit, HealthKit, and CareKit. Matsuoka will report to chief operating officer Jeff Williams who oversees all of the company’s health projects.

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Tim Cook’s interview on CNBC last night highlighted the huge gulf between his optimistic view of Apple’s future prospects, and the pessimistic one being expressed in both Wall Street commentary and the share price.

The share price speaks for itself. As Business Insider notes, the stock has dropped 11% since Apple announced its first-quarter earnings, and 27% over the past year. Even billionaire investor Carl Icahn – who once couldn’t stop talking about how under-valued AAPL was – sold 7M shares back in February and has now dumped the stock altogether. Not the greatest expression of confidence in the company’s future.

Analysts have been queuing up to pronounce that Apple is doomed, the iPhone is on a slide, it’s all over. Tim Cook, meanwhile, claims that Wall Street is guilty of ‘hugely over-reacting’ to a short-term glitch …

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Bloomberg speculates that India could refuse to grant Apple permission to sell used iPhones in the country citing comments from a telecommunications ministry official today.

The U.S. company’s application has been turned down, the official said, asking to not be identified, citing official policy [whileApple declined to comment.

Apple had hoped that used iPhone sales would be a good way to get a foothold in a country where its market share is just 2%, and where 80% of phones cost less than $150. Its iPhone Upgrade Program in the United States gave the company a plentiful supply of used phones that it could have sold at much lower prices in India without sacrificing margin, which must have seemed like the perfect plan … 

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9to5toys 

The iPhone 7 had been rumored to be dropping the analog 3.5 mm headphone jack, in favour of wireless Bluetooth or Lightning cable headphones for audio output. However, a new iPhone 7 component leak posted on Weibo disagrees with previous reports, depicting a board that includes a 3.5mm jack (in the top right of the photo above).

The 3.5mm jack is large (relative to the thinness of the phone), dates back more than a hundred years and has been superseded in terms of signal quality by the modern digital solutions, so it is plausible that Apple would want to abandon it. However, the idea of removing the port has been controversial (with complaints about existing accessory compatibility). This Chinese leak indicates it is sticking around …

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Apple May 2

AAPL: 93.64

-0.10
Stock Chart

Alongside the iPad Pro last November, Apple introduced a new connectivity option for users with the Smart Connector. Originally, Apple only touted the connection as being good for easily pairing things like keyboards to the iPad. We’ve since learned a little more about the capabilities of the three-pin connection, but overarching details are still vague.

Last month, I had the chance to try out the LOGI Base dock with Smart Connector support. Prior to using it, I was totally unaware that the Smart Connector was capable of charging the iPad Pro, albeit it at a slightly slower pace. Using the LOGI Base, however, intrigued me. What are the actual capabilities of Smart Connector?

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