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☆ Apple's future product lineup is starting to come into focus
▼ + stars: | 2024-11-14 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Apple is exploring new headsets and smart-home devices to expand its lineup. Its plans don't always work out; it scrapped a car project and faces weak demand for the Vision Pro. The company in February scrapped plans for a car, and its $3,500 Vision Pro has gotten mixed reviews in the months since its release. Bloomberg on Tuesday reported on a wall-mounted smart-home tablet in Apple's production lineup that could operate home appliances, use Apple Intelligence, and access Apple apps. AdvertisementThe report said the project, code-named J490, could come as early as March, a month before new Apple Intelligence features are expected to roll out.

Persons: —, Mark Gurman, Ming, Chi Kuo, Apple's, Gurman, Apple, EMARKETER, Kuo, Meta, William Kerwin, Tim Cook, who's Organizations: Apple, Vision, Service, Bloomberg, Apple Intelligence, Big Tech, Asset Management, Business Locations: Taiwan, Morningstar

☆ Apple is reportedly doing market research into smart glasses after Meta's 'Orion' demo made waves
▼ + stars: | 2024-11-05 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Apple is doing research into the smart glasses market, Bloomberg reported. The report comes amid weak Vision Pro demand and flashy smart glasses demos from competitors. AdvertisementApple is possibly considering entering the smart glasses market even as it reportedly scales back Vision Pro production. The AI-enabled smart glasses have cameras, speakers, and a microphone, and they can be worn and used on the go. If Apple's goal is to rival Meta's unreleased Orion glasses, it has time to work on its product.

Persons: Meta's Orion, —, Meta, Meta's Ray, Mark Zuckerberg, Oprah, Apple didn't, William Kerwin Organizations: Apple, Bloomberg, Service, Tech, Business, Morningstar

☆ 3 new risks that Apple warned about in its annual report
▼ + stars: | 2024-11-05 | by ( Jaures Yip | Jordan Hart | ) www.businessinsider.com time to read: +5 min

The tech giant warned about future product profitability and risks related to "geopolitical tensions" and AI features. AdvertisementApple's latest annual report offers insight into what the tech giant views as potential risks to its business. This year, new mentions included the risks associated with the financial performance of future profits, "geopolitical tensions," and safety risks associated with AI features. The tech giant is now betting that Apple Intelligence features will drive upgrades. Apple has been slower to integrate generative AI features into its products than rivals, but the first of its Apple Intelligence features rolled out on October 28.

Persons: —, Apple, William Kerwin, shouldn't, Dipanjan Chatterjee, Chatterjee, ChatGPT, Ray Organizations: Apple, Service, SEC, Apple Intelligence, BI, Tech

☆ Apple is reportedly pumping the brakes on Vision Pro production
▼ + stars: | 2024-10-23 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Apple is cutting Vision Pro production, possibly halting it by year-end, The Information reported. AdvertisementApple is reportedly reducing Vision Pro production, but that doesn't mean it's out of the headset game. Especially if the reports of Apple working on a lower-cost version of the Vision Pro are true. Related stories"This is all heading toward a lower-cost Vision Pro with more features that can scale," Ives said. The Vision Pro was released in February, and few, if any, apps have taken off in popularity.

Persons: William Kerwin, Apple, —, Apple hasn't, Apple didn't, Jacob Bourne, EMARKETER, Tim Cook, it's, Cook, Tim Cook's, Dan Ives, Ives, Kerwin, Ming, Chi Kuo, Apple's, Bourne Organizations: Service, Apple, Business, Wall Street Journal, Vision, Morningstar . Tech, Wedbush Securities, Bloomberg Locations: Luxshare

☆ Tim Cook is having a great week as Apple stock hovers within reach of record high
▼ + stars: | 2024-10-17 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

Analysts are optimistic about Apple's iPhone 16 sales going into the holiday season. Apple shares hit a record intraday high earlier this week. AdvertisementFall is shaping up to be good for Tim Cook as Apple rounds the corner into the holiday quarter. Analysts expect the rollout of Apple's AI features to drive iPhone demand into the holiday season. Apple Intelligence is expected to officially launch by the end of the month, and new Macs are reportedly on the way.

Persons: —, Tim Cook, Nabila Popal, Morgan Stanley, Bernstein, Cook, Jacob Bourne, Bourne, Erik Woodring, William Kerwin, Kerwin, TSMC Organizations: IDC, Apple, Service, Apple Intelligence, Wall Street, ISI, Forbes, Business, Morningstar Locations: China, Xiaomi, Indonesia

☆ Why Micron is the latest AI darling — for today at least
▼ + stars: | 2024-09-26 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Micron has seized the limelight in the AI space after its latest earnings report. AdvertisementMicron is stealing the show in the AI space — at least for now — as investors bask in its latest earnings results. Though its year-to-date gains have badly lagged other AI behemoths like Nvidia, Micron shares rose as much as 20%. Trading volume jumped to 42.5 million mid-day Thursday, outpacing interest in other firms in the AI space, like Intel, Tesla, and Palantir. Bank of America raised its price target for Micron to $125 a share, implying over 30% upside.

Persons: —, Rosenblatt, William Kerwin, David Morrison Organizations: Micron, Wall Street, Service, Nvidia, Intel, Micro Computer, Tesla, Bank of America, MU, Morningstar, Bloomberg, Nasdaq, Micron Technology, Trade Nation Locations: New York

☆ Apple's earnings are this week. Here's what to look out for.
▼ + stars: | 2024-07-30 | by ( Jordan Hart | ) www.businessinsider.com time to read: +5 min

But since then, Apple has held its annual Worldwide Developers Conference, where it debuted Apple Intelligence and announced a partnership with ChatGPT. Expect questions about the Apple Intelligence delayApple Intelligence is a hot topic this quarter. AppleBloomberg reported Sunday that Apple Intelligence won't begin rolling out in September, as Apple first announced. AFP/Getty ImagesChina was a hot topic during Apple's last earnings call, and it should be no different this time. AdvertisementApple talked about how well its services were doing in Q2, and Kerwin said analysts will be looking for continued "double-digit growth for the services business."

Persons: —, Gene, WWDC, Munster, Tim Cook, We're, William Kerwin, Cook, Dan Ives, Dave Johnson, Kerwin Organizations: Service, Apple, Developers, Apple Intelligence, ChatGPT, Business, Apple Bloomberg, Management, Gene Munster, China Apple, Getty, Morningstar, Huawei, Street, Wedbush Securities, Google Locations: China, Europe, Shanghai, AFP

☆ Apple's reportedly delaying its AI rollout — and that could be a good thing, analysts say
▼ + stars: | 2024-07-29 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewApple is delaying the launch of Apple Intelligence after weeks of anticipation, but the tech giant might be onto something. This story is available exclusively to Business Insider subscribers. Analysts told Business Insider that it's no big deal. AdvertisementMunster told BI that Apple should consider moving the iPhone 16's release date to align with Apple Intelligence.

Persons: —, Siri, Gene Munster, Apple, William Kerwin, Dan Ives, Munster, " Kerwin Organizations: Service, Apple Intelligence, Business, Bloomberg, Analysts, Asset Management, Apple, Morningstar Locations: WWDC

☆ These are the stocks to play the next 'bottleneck' in AI, according to the pros
▼ + stars: | 2024-06-13 | by ( Weizhen Tan | ) www.cnbc.com time to read: +4 min

But the next bottleneck in AI infrastructure — and one to invest in — is networking, according to tech analysts. An increase in investment in generative AI model training and inference will drive the AI networking spending growth of 34% over the next five years, said the firm. "Networking creates a performance bottleneck for generative AI model development," Morningstar's analysts said. "Well-positioned networking firms are a great second derivative play to invest in generative AI," they added. Stocks to play the trend Marvell Technology is Morningstar's top pick to play the generative AI networking trend, with the firm saying it is "attractively undervalued" currently and giving investors an "immediately opportunity" to tap rising generative AI networking investment.

Persons: There's, Clare Pleydell, William D, Kerwin, Brian Colello, Morningstar, Bouverie Organizations: Nvidia, Microsoft, Networking, Morningstar, Liontrust Asset Management, CNBC, That's, Marvell, Arista Networks, Broadcom, Arista, Meta

☆ Apple needs its big AI moment
▼ + stars: | 2024-05-24 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

That's made Apple's lack of a big generative AI announcement so far particularly noticeable. However, one big sign an announcement may be coming at WWDC was the unveiling of its M4 chip, which Apple described as an "outrageously powerful chip for AI." The CEO spoke of "big opportunities across our products" for generative AI and promised that Apple is "well positioned" to take on the space. "We think investors will take any generative AI announcement positively," Morningstar tech analyst William Kerwin said. We'd expect any new-gen AI announcement to see strong adoption when released."

Persons: —, they've, chatbot, That's, Dan Ives, Apple, Tim Cook, William Kerwin, Morningstar, Gene Munster, OpenAI, Siri, Ives, Deepwater's Munster, Kerwin Organizations: Service, Developers Conference, Microsoft, Google, Business, Wedbush Securities, Apple, iPad, Morningstar, Deepwater Asset Management, Bloomberg Locations: Cupertino , California, WWDC

☆ Apple looks kind of ridiculous right now
▼ + stars: | 2024-05-15 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Apple, though, has kept pretty quiet about its own AI ambitions so far — and it's increasingly obvious. "The buzz around AI, and specifically GenAI, has been so deafening that Apple is noticeable by omission," Dipanjan Chatterjee, vice president and principal analyst at Forrester, told Business Insider. Still, if the rumors about OpenAI or Gemini iPhone integration are true, this week's "strong announcements actually would bode well for Apple," William Kerwin, an analyst at Morningstar, said. AdvertisementThe analyst told BI that the new iPad rollout is simply an "appetizer to the real meat and potatoes" of Apple's AI strategy, expected to be announced at the WWDC in June.

Persons: —, Sam Altman's, Google's, Dipanjan Chatterjee, Forrester, Chatterjee, Gene Munster, it'd, Apple's, bode, William Kerwin, Siri, Dan Ives Organizations: Service, Big Tech, Business, Apple, Conference, Google, Deepwater Asset Management, Morningstar, Microsoft

LUBBOCK, Texas (AP) — Darrion Williams had a perfect night for Texas Tech, and the Red Raiders never trailed in a lopsided victory over sixth-ranked Kansas. I do believe the game rewards those people that play it to win,” Red Raiders coach Grant McCasland said. Williams hit a 3 on the first shot of the game for the Red Raiders (18-6, 7-4 Big 12). He was part of two NCAA Tournament teams while playing 79 games in three seasons at Texas Tech from 2019-22. Texas Tech: The Red Raiders improved to 13-1 at home.

Persons: — Darrion Williams, Williams, “, Grant McCasland, ”, Kevin McCullar Jr, Dajuan Harris, “ We're, Bill Self, Self, Hunter Dickinson, ” Pop Isaacs, Warren Washington, Nicolas Timberlake, Johnny Furphy, Harris, Dickinson, McCullar, Joe Toussaint's, Kerwin Walton, Isaacs, Kansas, KJ Adams, ___ Organizations: Texas Tech, Red Raiders, Kansas, ” Red Raiders, NCAA, ESPN, Baylor, ” Jayhawks, Tech, Jayhawks, Texas, Kentucky, Big, Top, . Texas Tech, UCF, NEXT Kansas, Iowa State, AP Locations: LUBBOCK , Texas, Texas, Nevada, Kansas, Oklahoma

☆ McDonald’s is bringing back iconic McNugget Buddies as limited-edition collectibles
▼ + stars: | 2023-11-29 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

McDonald's will roll out the Kerwin Frost Box, a collab with New York-based artist Kerwin Frost, on December 11. But the star of the limited-time collab are the McNugget Buddies, an assortment of anthropomorphic McNuggets that haven't been a part of McDonald's mascot rotation in decades. The McNugget Buddies were first introduced in a 1988 Happy Meal, according to McDonald's. They made appearances in McDonald's Canada comics in the early 1993, were available as Sports Buddies in the UK, Japan and Singapore in 1992 and were last seen in 1996 for McNugget Buddies Halloween. The six new McNugget Buddies are based on Frost's experiences growing up in New York City, including one that is designed to look like him.

Persons: McDonald's, Kerwin Frost, haven't, Frost, Grimace, Birdie, Warren Buffett Organizations: Sports Buddies, McNugget, Plant, eBay Locations: McDonald's, New York, Canada, Japan, Singapore, New York City

☆ Cisco slumps after cutting annual profit, revenue forecasts
▼ + stars: | 2023-11-16 | by ( Arsheeya Bajwa | ) www.reuters.com time to read: +2 min

The Cisco logo is displayed, during the GSMA's 2023 Mobile World Congress (MWC) in Barcelona, Spain March 1, 2023. REUTERS/Nacho Doce/File Photo Acquire Licensing RightsNov 16 (Reuters) - Cisco (CSCO.O) tumbled more than 12% on Thursday after cuts to its annual forecasts raised fears that excess inventory with customers was sapping new orders in its mainstay networking equipment business. Cisco blamed the weakness on a slowdown in orders in the first quarter, saying "customers are currently focused on installing and implementing products in their environments". "Now, they've exhausted their excess backlog and the business is stepping back down to lower revenue run rates," Jefferies analyst George Notter said in a note. Cisco trades at more than 13 times its 12-month forward earnings estimates, compared with the industry median of 10.98.

Persons: Nacho, Jefferies, George Notter, Notter, Morningstar, William Kerwin, Arsheeya, Pooja Desai Organizations: Cisco, Congress, REUTERS, Thomson Locations: Barcelona, Spain, Bengaluru

☆ Lionel Messi’s final game of the season for Inter Miami ends in defeat
▼ + stars: | 2023-10-22 | by ( Aimee Lewis | ) edition.cnn.com time to read: +2 min

CNN —After a fairy tale start to his Inter Miami career, Lionel Messi’s Major League Soccer (MLS) season ended in a 1-0 defeat on the road to Charlotte FC at Bank of America Stadium on Saturday. “When we arrived, we had two competitions in which we had the potential to compete well: the Leagues Cup and the U.S. Open Cup. David Jensen/Icon Sportswire/Getty Images“Out of the three tournaments, one was won by Inter Miami. The Argentine captained Miami and played the entire match. Miami ends the season 14th in the 15-team Eastern Conference, finishing with 34 points, while Messi concludes his campaign having scored 11 goals in 14 games in his debut season.

Persons: Lionel Messi’s, Kerwin Vargas ’, ”, Gerardo Martino, Lionel Messi, David Jensen, Messi, Ballon, Kristijan Kahlina Organizations: CNN, Inter Miami, Lionel Messi’s Major League Soccer, Charlotte FC, Bank of America, Miami, Charlotte, Leagues, Messi, U.S, MLS, Argentine, Eastern Conference Locations: Miami

/ Bill Streicher-USA TODAY Sports/File PhotoNEW YORK, Aug 15 (Reuters) - A federal appeals court on Tuesday refused to revive longtime umpire Angel Hernandez's lawsuit accusing Major League Baseball of racial discrimination. Circuit Court of Appeals in Manhattan rejected the Cuban-born umpire's arguments that the league's promotion practices, including its failure to promote him to crew chief, reflected unfair treatment of minorities. Hernandez, an MLB umpire since 1993, claimed he had been discriminated against because he was passed over for crew chief five times between 2011 and 2018, and last umpired a World Series in 2005. In 2020, MLB named Kerwin Danley its first black crew chief and Alfonso Marquez its first Hispanic crew chief born outside the United States. The first Hispanic crew chief was Richie Garcia, who was elevated to that role in 1985.

Persons: Kyle Schwarber, Angel Hernandez, Bill Streicher, Angel Hernandez's, Hernandez, Joe Torre, Paul Oetken, Torre, Oetken, Michael Teevan, Kerwin Danley, Alfonso Marquez, Richie Garcia, Jonathan Stempel, Chizu Nomiyama, Jonathan Oatis Organizations: Philadelphia Phillies, Milwaukee Brewers, Citizens Bank, Major League Baseball, U.S, Circuit, MLB, of Famer, New York Yankees, District, 2nd U.S, Thomson Locations: Philadelphia , Pennsylvania, USA, Manhattan, Cuban, United States, 2nd, New York

☆ We all need 'Sushi Tuesdays': Finding a way forward after suicide
▼ + stars: | 2023-06-04 | by ( Jodie Sadowsky | ) edition.cnn.com time to read: +9 min

CNN —When Sam Maya, a beloved husband, father, friend, stockbroker and coach, died by suicide 16 years ago, he left a note. Maya spent nearly a decade writing "Sushi Tuesdays," which aims to humanize the face of suicide. Post Hill PressShe spent nearly a decade writing “Sushi Tuesdays,” beginning with a blog by the same name, an homage to the weekly ritual she created after her husband’s death. When Sam Maya died, Tasheff was a single mother living on a budget in Brooklyn and couldn’t travel to California to visit. Maya continues to honor her Tuesdays with therapy and yoga, a hike with a friend, and sometimes a sushi lunch.

Persons: Sam Maya, Charlotte, Charlotte Maya, Maya, Ashwini, Nadkarni, ”, “, Sam, ” Maya, Gregory Stratz, Tim Stratz, Jason Maya, Parker, Danny Maya, Daniel Stratz, Karen Ray, they’d, The, Jane Doe, Jane, she’s, Jane ”, Bess ”, Katherine Tasheff, Tasheff, swiftness, Daniel, Daniels, —, Lauren Kerwin, Kerwin Organizations: CNN, Post, Press, US Centers for Disease Control, CDC, Research, Brigham, Women’s Hospital, Psychological, Karen Ray Photography, Rice University, American Foundation for Suicide Locations: Boston, Maya’s, Brooklyn, California

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