October 21

AAPL: 116.60

Stock Chart

There have been predictions for years that China would eventually be a larger market for Apple than the USA. The weak Chinese economy means that it hasn’t yet happened in hardware, but the latest App Annie data says that it’s already got there on the software side.

The highlight of this report is certainly China overtaking the U.S to become the largest market in the world for iOS App Store revenue — earning over $1.7 billion in Q3 2016. We predicted in Q1 that China’s rapid iOS revenue growth would drive it right past the U.S well before year’s end — China is now leading the U.S by over 15%.

The rapid growth in Chinese spending – a 500% increase in two years – is in line with earlier predictions. The stats also illustrate the importance of games in driving App Store sales …

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Consumer Intelligence Research Partners (CIRP) reports that the iPhone 7/Plus accounted for 43% of all iPhone sales in Q3 despite being available for only the final two weeks of the quarter. The research company estimates that the iPhone 7 notched up 31% of sales with the larger Plus model at 12%, reports Investors.com … 

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An Australian surfing instructor has told 7 News that an iPhone 7 left in a car caught fire, destroying the vehicle.

Mat Jones says he had left the phone under clothes in his car while taking a surf lesson. When he returned, he was shocked to discover the vehicle filled with smoke.

It hasn’t yet been confirmed that the phone was the cause of the fire: Apple says that it is aware of the incident and is investigating.

Some commentators are drawing the inevitable but spurious comparisons with Samsung’s Note 7 fires …

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October 20

AAPL: 117.06

Stock Chart

Kanye West has a storied history when it comes to offering his opinion on the music and tech industry, specifically relating to Apple and its battle for exclusive content. This time, West took time during a performance as part of his Saint Pablo tour to address the race for exclusive content between Apple and Tidal, slamming the entire station. And I actually agree with him, as scary as that is to say. expand full story

[Update 10/21: WSJ now reports that the talks are further along than previously reported, adding that a deal could be announced this weekend.]

While Apple was once rumored to have an interest in acquiring Time Warner, Bloomberg now reports that AT&T has recently held discussions with the company to talk about a possible merger. The report cites “people familiar with the matter” and claims that, while the talks at this stage are informal, the two companies have focused on “building relations.”

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In this latest iPhone generation, Apple has brought to market two iPhone 7 variants: the GSM/WCDMA/LTE with Intel modem version, and the GSM/CDMA/WCDMA/TD-SCDMA/LTE version with Qualcomm hardware. A new report is highlighting the first performance differences between the iPhone 7 featuring Intel’s modem hardware compared to the iPhone 7 featuring Qualcomm modem hardware.

The report from Cellular Insights finds that iPhone 7’s equipped with Qualcomm’s MDM9645M modem, which powers the (A1660, A1661) Verizon, Sprint, and SIM-free models, features better cellular performance than the (A1778, A1784) Intel version. Not only that, but the Qualcomm version’s ability to take advantage of Ultra HD Voice has been disabled as well according to the report. expand full story


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