Introduction to Apple’s Future
Next yr shall be an interesting one for Apple, if this week’s headlines are any indication. The company has several exciting projects within the works, including the debut of augmented reality glasses and the discharge of its latest streaming service, Apple TV Plus.
Apple’s AR Future
Apple plans to debut augmented reality glasses in 2020, in keeping with a report from Bloomberg. These glasses can have holographic displays within the lenses that can show virtual elements overlaid on the true world, providing users with a novel and interactive experience. The glasses will give you the chance to display every thing from text messages to characters in video games, and can likely be a serious player within the tech industry.
iPhone 11 Leads the Charge
The iPhone 11 is a giant seller, in keeping with a report from market researcher Consumer Intelligence Research Partners (CIRP). The iPhone 11 lineup, which incorporates the iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max, collectively accounted for 20% of all Apple smartphone sales within the third quarter. This is impressive, considering the iPhone 11 was only available for 10 days at the top of the quarter. The iPhone XR, which was premiered in 2018, was the top-selling iPhone in the course of the quarter, accounting for 36% of all Apple smartphone sales.
Apple Looks to India for iPhone XR Production
Apple has moved at the least a few of its iPhone XR production to India, in keeping with a report from The Wall Street Journal. This move is probably going an attempt to scale back the corporate’s reliance on China and sidestep tariffs on China-made goods shipped to the U.S. Apple was already manufacturing the iPhone X in India,! and the move to provide the iPhone XR there as well is a big one.
Move Over, Starbucks
Apple Pay is the preferred mobile payments app within the U.S., in keeping with a report from researcher eMarketer. With 30.3 million energetic U.S. users, Apple Pay has surpassed Starbucks, which has 25.2 million energetic users. Google Pay is a distant third, with 12.1 million users. Apple Pay’s popularity may be attributed to the increasing variety of retail locations that accept the payment method, including CVS and Best Buy.
Apple TV Plus Could Be Big Business
Apple TV Plus, which can debut on November 1, could generate $9 billion in revenue for Apple by 2025, in keeping with a prediction from Morgan Stanley analyst Katy Huberty. This estimate is predicated on the idea that Apple will give you the chance to draw 10% of its users to the service, and that every one of them pays $4.99 monthly for access. With over one billion devices worldwide, a ten% penetration rate would translate into 100 million users, or about $6 billion in annual revenue.
Tim Cook Speaks
Tim Cook was within the news this week, speaking on the Ceres’ thirtieth Anniversary Gala in New York City about sustainability. Cook said that Apple doesn’t "see climate change as a risk, but opportunity," and that the corporate will proceed to work with its supply chain partners to enhance its environmental-friendliness. Cook also spoke with People about his decision to announce that he’s homosexual, and the way he hopes to assist a younger generation of kids "battling their identity."
One More Thing…
Disney chief Robert Iger says he is not apprehensive about Apple TV Plus, despite its lower cost point. In an interview with CNBC, Iger acknowledged that Apple TV Plus is cheaper than Disney Plus, but said that his company’s streaming service is "very, very different" as a consequence of its exclusive access to popular Disney franchises like Marvel and Pixar.
Conclusion
In conclusion, Apple has a whole lot of exciting projects within the works, from augmented reality glasses to Apple TV Plus. The company’s concentrate on innovation and sustainability is prone to repay in the long term, and its commitment to environmental-friendliness is admirable. With the discharge of Apple TV Plus just across the corner, it is going to be interesting to see how the corporate’s latest streaming service competes with existing services like Disney Plus. One thing is needless to say, though: Apple is an organization to look at in the approaching yr.
