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☆ 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

☆ DA Davidson: Meta's 'better vision than most' makes it a compelling buy
▼ + stars: | 2024-09-26 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDA Davidson: Meta's 'better vision than most' makes it a compelling buyD.A. Davidson's Gil Luria sees the timing ripe for mass market adoption of AI and Spatial Computing, with Meta poised to benefit from these key trends.

Persons: DA Davidson, Meta's, Davidson's Gil Luria Organizations: DA, Meta

☆ Wall Street praises Eaton's AI bona fides. But don't overlook our other data center play
▼ + stars: | 2024-06-28 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Jim Cramer described the PCE report as "very good," representing an encouraging sign that the central bank's fight against inflation has been working. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jim, Donald Trump's, Friday's, there's, Raymond James, Eaton, Jim Cramer's, DOV, ETN Organizations: CNBC, Federal Reserve, Nasdaq, Dow, Apple, Vision, Nvidia Locations: China, Hong Kong, Japan, U.S, Dover

☆ Google's Android apps are coming in 3D via Xreal as competition with Apple's Vision Pro heats up
▼ + stars: | 2024-06-18 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Xreal, an augmented reality glasses maker, has launched a connected Beam Pro mobile device that allows users to capture spatial video and 3D images. Xreal said the Beam Pro uses Nvidia CloudXR technology for image rendering and Qualcomm 's Snapdragon spatial computing platform. A pair of Xreal AR glasses costs around $200 to $400, depending on the model and sales promotion. That means a set of Xreal AR glasses and Beam Pro costs significantly less than $1,000. The Beam Pro launched in China in late May.

Persons: Apple, Chi Xu, Xu, Xreal, Rokid, Ramon, Xreal Xu Organizations: BEIJING — Games, Google, Apple, CNBC, Apple Vision, Beam, Nvidia, Qualcomm, Amazon Web Services, IDC Research, Vision, The Locations: BEIJING, U.S, China, Hong Kong, Japan, Singapore

☆ Apple is stepping up its Vision Pro pitch to Hollywood after soft sales and mixed response to the headset
▼ + stars: | 2024-06-11 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Read previewApple is stepping up its efforts to get Hollywood to make content for the Vision Pro as it prepares to roll out the mixed-reality headset internationally to boost sales. Director Jon Favreau brought the dinosaurs on his Apple TV+ show "Prehistoric Planet" to life through a spinoff for Vision Pro. Apple is talking up Vision Pro to talent agencies, filmmakers, and producers to fill the pipeline. Apple TV+ produces some, but not all, of the immersive content that's available on Vision Pro. AdvertisementLike the rest of Apple TV+'s shows and movies, Apple doesn't want controversial content for the Vision Pro lest it undermine sales of its consumer electronics overall.

Persons: —, creatives, James Cameron raved, Jon Favreau, stampeded, Alicia Keys, Chris Parnell, David Manpearl, there's, Parnell, Peter Kafka Organizations: Service, Hollywood, Vision, Business, Apple, Vision Pro, Disney, Netflix, YouTube

☆ Can Apple Rescue the Vision Pro?
▼ + stars: | 2024-06-11 | by ( Kevin Roose | ) www.nytimes.com time to read: +1 min

When I first got my hands on an Apple Vision Pro early this year, it felt like magic. I even used the Vision Pro in the back seat of a self-driving Waymo car, which I believe qualifies me for some kind of “Mr. But novelty fades, and today I barely use the Vision Pro at all. Some early adopters returned their Vision Pros for refunds, and lightly used headsets are selling for as little as $2,500 on resale websites. When I took a casual poll of other Vision Pro owners I know — mostly journalists and tech workers — I learned that few of them were using theirs, either.

Persons: Mr, Francisco ”, hasn’t, — Organizations: Apple Vision, Vision

☆ Opinion: Apple can still get back to its golden age
▼ + stars: | 2024-06-07 | by ( Opinion Jeff Yang | ) edition.cnn.com time to read: +10 min

Jeff Yang CNNNaturally, Apple has locked down the details of the revelations it plans on releasing on Monday tighter than Fort Knox. Apple CEO Tim Cook introduces Apple Vision Pro, a mixed reality headset, at Apple Park in Cupertino, CA, on June 5, 2023. What’s the songs-in-your-pocket equivalent for Vision Pro? But so far, if Apple is looking to reclaim its real-world relevance, Vision Pro isn’t it — yet. Let’s hope that at this WWDC, the company defiantly ignores last year’s laughter and continues to look, and think, different.

Persons: Jeff Yang, Bruce ”, “, CNN —, Jeff Yang CNN, OpenAI, Tim Cook, Steve Jobs, Brooks Kraft, Jobs, Cook, Ive Organizations: CNN, Conference, Apple, Huawei, International Trade Commission, Justice Department, Vision, Apple Vision, Apple Inc, Apple Watch, MacBook Air, Twitter, Facebook, mojo Locations: Asian America, America, Knox, China, Cupertino , CA, manila, WWDC

☆ Shopify has acqui-hired AI-driven analytics startup Peel Insights
▼ + stars: | 2024-05-10 | by ( Madeline Stone | ) www.businessinsider.com time to read: +2 min

Shopify has acquired the team working on analytics startup Peel Insights, the Canadian e-commerce giant confirmed Friday. Peel works primarily with Shopify merchants and can integrate with apps across their tech stack, including Klaviyo and Recharge. Peel's CEO and cofounder, Nicolas Grasset, is now a director of product at Shopify, according to his LinkedIn, and the Peel app is still available on the Shopify App Store. Related stories"With the Peel Insights team at Shopify, we can supercharge insights features for our millions of merchants," they said. In 2021, it brought on the team from AR startup Primer to work on AI and spatial computing at Shopify.

Persons: Shopify, Peel, Lerer Hippeau, Nicolas Grasset Organizations: Business, Eniac Ventures, Vinyl Capital, Peel Locations: Peel, Swedish, Triple

☆ How Apple's record $100 billion-plus stock buyback benefits shareholders
▼ + stars: | 2024-05-09 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

Apple 's latest $110 billion stock buyback authorization is the granddaddy of them all — the biggest in corporate history. Assuming an average annual $100 billion buyback by the Club name going forward, we wanted to look at just how much that is worth to shareholders. With more records set for its installed base of active devices and services in Q2, Apple stock rose nearly 6% on Friday, the session following Thursday evening's release. The net cash position is important because Apple aims to be net cash neutral over time. At a valuation of 28 times earnings, we arrive at a share price of about $182 each, right around where it was trading Wednesday.

Persons: let's, Apple, Jim Cramer's, Jim Cramer, Jim, Gary Hershorn Organizations: Apple, Club, Vision, Vision Pro, CNBC, Corbis, Getty

☆ Apple believes that AI is the future
▼ + stars: | 2024-04-16 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Apple wanted all eyes to be on the Vision Pro when it launched. A report about AI chips coming to next-gen Macs helped boost Apple's stock by $112 billion. AdvertisementTwo months ago, Tim Cook was busy marking Apple's bold new vision of the future with the launch of expensive nerd goggles. Second, the future of the Vision Pro remains highly uncertain. Just don't expect the Vision Pro to steal the show in the same way a big AI reveal would.

Persons: —, Tim Cook, Bloomberg's Mark Gurman, Apple, Peter Kafka Organizations: Apple, Service, International Data Corporation, Publishing, Getty, Huawei, Apple's, Vision Locations: Cupertino, Shanghai, China

☆ Opinion: 25 years later, ‘The Matrix’ is less sci-fi than tech reality
▼ + stars: | 2024-03-30 | by ( Opinion Rizwan Virk | ) edition.cnn.com time to read: +11 min

In 2003, Oxford philosopher Nick Bostrom imagined a “technologically mature” civilization could easily create a simulated world. With simulated worlds far outnumbering the “real” world, the likelihood that we are in a simulation would be significantly higher than not. Remember, the simulations would be so good that you wouldn’t be able to tell the difference between a physical and a simulated world. Either the signals are being beamed directly into your brain, or we are simply AI characters inside the simulation. Already, millions of humans are chatting with AI characters, and millions of dollars are pouring into making AI characters more realistic.

Persons: Virk, X, CNN — It’s, ”, Lana, Lilly Wachowski, Philip K, Dick, Tessa, Morpheus, Laurence Fishburne, Keanu Reeves, Nick Bostrom, Elon Musk, Smith, Hugo Weaving, Carrie Ann, Moss, Musk, OpenAI, it’s, Reeves ’ Organizations: Labs, MIT, Physics, Eastern, Arizona State University’s College of Global Futures, Center for Science, CNN, Apple, Trinity Locations: zenentrepreneur.com, Oxford, Silicon, Silicon Valley

☆ World Wide Web turns 35: Tim Berners-Lee gives predictions for future
▼ + stars: | 2024-03-12 | by ( Ryan Browne | ) www.cnbc.com time to read: +10 min

Tim Berners-Lee is credited with inventing the World Wide Web in 1989. These are just some of the predictions for the future of the web from the inventor of the World Wide Web, Tim Berners-Lee, on the 35th anniversary of its invention. Tim Berners-Lee Inventor, World Wide WebBerners-Lee got to continue working on his idea for this information sharing system, and by 1991, the World Wide Web was up and running. When Tim Berners-Lee started work on the World Wide Web 35 years ago, he had no idea it was about to become the ubiquitous force it is today. Tim Berners-Lee Inventor, World Wide Web

Persons: Tim Berners, Lee, Rita Franca, Berners, Fabrice Coffrini, of Berners, Robert Blumofe, Akamai, Blumofe, we'll, Sebastian Derungs, you'll, Chintan Patel, Patel Organizations: CERN, CNBC, AFP, Getty, Microsoft, Samsung, Galaxy, Massachusetts Institute of Technology, Google, Apple, Afp, Forte Ventures, Akamai, Glasswing Ventures, Cisco, Big Tech, Digital Markets Locations: Swiss, London, Berners, U.S

☆ Here's what it looks like when you hit the vape in an Apple Vision Pro
▼ + stars: | 2024-03-05 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +1 min

You can't get away with secretly hitting the vape during a FaceTime call using an Apple Vision Pro. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementSo you've just purchased your $3,500 Apple Vision Pro, and you're ready to sit back, relax, and do some spatial computing while clandestinely hitting the vape. The Apple Vision Pro's "Personas" is the digital avatar it makes of your face for FaceTime video calls while you're jacked into the headset. (An update to the Personas feature made them look slightly better.)

Persons: that's, — Organizations: Apple Vision, Service, Apple, Business

☆ Google co-founder Sergey Brin says in rare public appearance that company 'definitely messed up' Gemini image launch
▼ + stars: | 2024-03-04 | by ( Jennifer Elias | ) www.cnbc.com time to read: +7 min

Brin, 50, spoke to entrepreneurs on Saturday at the "AGI House" in Hillsborough, California, just south of San Francisco, where developers and founders were testing Google's Gemini model. He also commented on the flawed launch last month of Google's image generator, which the company pulled after users discovered historical inaccuracies and questionable responses. Brin was also asked how online advertising will be disrupted considering ad revenue is core to Google's business. Bloomberg | Bloomberg | Getty Images“I of all people am not too terribly concerned about business model shifts,” Brin said. Beyond AI, Brin was asked about Google's difficulties in hardware given recent advancements in virtual reality.

Persons: Sergey Brin, Google David Paul Morris, Brin, ” Brin, “, Larry Page, He's, ”, Gemini, “ that’s, Prabhakar Raghavan, Google's, Sundar Pichai, Raghavan, Brin didn't, OpenAI's ChatGPT, Elon Musk's, Eric Schmidt, that’s, I'm Organizations: Google, Bloomberg, Getty, CNBC, Gemini, Google Inc, Allen & Co . Media, Technology Conference, Apple Vision Locations: Hillsborough , California, San Francisco, Sun Valley , Idaho, U.S

☆ There was a Vision Pro party in San Francisco — complete with people dancing and pinching the air
▼ + stars: | 2024-02-25 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

It's the latest example of people using the Vision Pro in public. Apple released the Vision Pro on February 2, billing it as an immersive "spatial computing" experience with both productivity and entertainment applications — and a $3,499 price tag. AdvertisementThe AI collective Cerebral Valley hosted an event to celebrate the release of the Vision Pro. AdvertisementNick Linck, founder of the Residency, a live-in fellowship for startup founders, shared a post on X showing two guests at a crowded dinner party wearing the Vision Pro. Reibman told The Standard that he has also seen people wearing the Vision Pro at several recent dinners.

Persons: It's, —, San Francisco aren't, partygoers, haven't, they've, Insider's Jordan Hart, Nick Linck, Linck, Reibman Organizations: Service, Apple, San Francisco Standard, Vision, Twitter Locations: San Francisco, California's, San Diego

☆ One reason the Vision Pro might be so expensive: 'mimetic desire'
▼ + stars: | 2024-02-20 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Rooted in philosophical thought, mimetic desire refers to the notion that people desire the same things that their role models want. In the context of the Vision Pro, that theory could mean consumers may be more likely to purchase the device because celebrities or influencers they admire own it. "If these people are models to you—which they are for many young people—mimetic desire kicks in and you subconsciously want a Vision Pro too." If you have an Apple Vision Pro, some photography tips. After all, the Oculus founder, who did not respond to BI's request for comment, said he believes the Vision Pro will eventually be cheaper for the masses.

Persons: —, Jason Levin, Levin, who've, YouTubers Logan Paul, Casey Neistat, Kid Cudi, Robert Scoble, Sam Altman, bB0XTzJ291, Palmer Luckey, Luckey, Apple, would've, It's, Tesla, Elon Musk, Apple didn't Organizations: Service, Business, Vision, Apple Vision, Apple, Pro

☆ These Apple Vision Pro buyers are returning their headsets — and this is why
▼ + stars: | 2024-02-13 | by ( Aaron Mok | ) www.businessinsider.com time to read: +4 min

Read previewWhen the Apple Vision Pro hit the market on February 2nd, would-be fans lined up at the break of dawn to test the mixed-reality headset at their local Apple Stores. One major reason Vision Pro customers say they want a refund: its seemingly clunky design. Some Redditors who claim to be returning the Vision Pro also referenced how uncomfortable it is to wear the headset. Disappointment in the headset's vision quality is another gripe expressed by Vision Pro customers. AdvertisementThat is, if the Vision Pro ever gets cheaper.

Persons: —, they're, Farzad Mesbahi, Mesbahi, Collin Michael, he's, Michael, Apple, Kane Sutter, Matt Schneider, Apple didn't, Sutter Organizations: Service, Apple Vision, Apple Stores, Business, Twitter, Apple, Vision, Vision Pro, YouTube, Pro

☆ Apple calls its Vision Pro a ‘spatial computer’—here’s what that means
▼ + stars: | 2024-02-08 | by ( Cheyenne Devon | ) www.cnbc.com time to read: +2 min

Think of "spatial computing" as an umbrella term that refers to merging the digital world with the physical world in a seamless way. Instead, Apple refers to the Vision Pro as a "spatial computer." If you're in the U.S. and have an extra $3,500 lying around, you can now get Apple's latest gadget, the Vision Pro — but don't call it a virtual reality headset. While both augmented reality and virtual reality fall under the spatial computing umbrella, the two terms refer to different user experiences. Apple is positioning the Vision Pro as a full-on computer that could work as an alternative to your desktop or laptop, instead of a device that's mainly used for entertainment, he adds.

Persons: Apple, Louis Rosenberg, Rosenberg, they're Organizations: Apple, Vision, CNBC Locations: U.S

☆ Hainan Airlines is handing out Rokid AR glasses for in-flight entertainment
▼ + stars: | 2024-02-08 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

A passenger tries out a pair of Rokid AR glasses on a Hainan Airlines flight in China. BEIJING — Hainan Airlines this week started letting passengers on some routes use Rokid's augmented reality glasses for free for in-flight entertainment, the tech startup announced Thursday. Chinese start-up Rokid claimed it's the first time AR glasses — which allow computer-generated images to be superimposed on the real world — have been used at scale on flights. The device allows wearers to see the real world using what the company calls "spatial computing" technology. He claimed Rokid was in talks "with lots of airlines" for similar partnerships, including at least one major international operator.

Persons: Rokid, Misa Zhu, Zhu, wasn't Organizations: Hainan Airlines, CNBC Locations: China, BEIJING, Hainan

☆ Here are Tuesday's biggest analyst calls: Apple, Tesla, UPS, Disney, UBS, Broadcom, Palantir, Tyson & more
▼ + stars: | 2024-02-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Deutsche Bank initiates Flywire as buy Deutsche said it sees an attractive entry point for the payments company. " "We are initiating coverage of Sprinklr with a Buy rating and a $16 price target. UBS upgrades UPS to buy from neutral UBS said in its upgrade of the stock that it sees "attractive EPS growth." Deutsche Bank reiterates Disney as buy Deutsche said it's sticking with its buy rating on Disney heading into earnings on Wednesday. "We are downgrading TSLA stock rating to 3/Neutral from 2/Outperform as we see corporate governance concerns aggravating already tough financial conditions in 2024."

Persons: Rosenblatt, Sprinklr, Bernstein, Tesla, underperform Bernstein, Morgan Stanley, Apple, it's bullish, Daiwa, Piper Sandler downgrades Chegg, Piper, Myers, Redburn, Northcoast, JPMorgan Organizations: Deutsche Bank, Li Auto, Deutsche, Education, Healthcare, UBS, Disney, OI, company's, Tesla, JPMorgan, Broadcom, Bank of America, Tyson Foods, underperform Bank of America, Citi, UFC, WWE, Global Locations: McDonald's, PLTR

☆ Don't forget your Apple Vision Pro password or else
▼ + stars: | 2024-02-06 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

Read previewDid you forget the passcode to your Apple Vision Pro? "Is there a method to reset the Vision Pro when the login password is forgotten?" Apple didn't immediately respond when asked if a future software update would allow Vision Pro users to reset their passcode on their own. These issues with the Vision Pro appear to be the first ones that have come to light since Apple's splashy release. AdvertisementAround 200,000 Vision Pro headsets were reportedly sold when preorders opened in mid-January.

Persons: —, Reddit, Apple didn't, Insider's, Jordan Hart, preorders Organizations: Service, Apple Vision, Apple, Bloomberg, Business, Vision, Pro

☆ Jim Cramer says Apple’s new Vision Pro headset just went from ‘boutique to upside surprise’
▼ + stars: | 2024-02-06 | by ( Morgan Chittum | ) www.cnbc.com time to read: +5 min

The future for Apple's Vision Pro looks promising despite Wall Street's muted enthusiasm. Wall Street doesn't expect the Vision Pro to drive a ton of revenue at first though. Bank of America estimates the Vision Pro could add 46 cents per share to earnings-per-share (EPS) within the next five years. "We tested the Vision Pro and walked away positively from the overall extremely unique and immersive experience," BofA analysts wrote in a Monday research note. While it'll take time, the Vision Pro has the potential to boost sales and earnings in the future.

Persons: Jim Cramer, Todd Haselton, Morgan Stanley, Apple's, It's, Jim, Haselton, Chi Kuo, preorders, Kuo, Apple, Jim Cramer's, Tim Cook, Brendan McDermid Organizations: Apple's, UBS, Bank of America, Vision, Apple, Pro, Hollywood, Apple Watch, International Securities, Vision Pro, CNBC Locations: U.S, Manhattan, New York City

☆ Cracking open the $3,500 Vision Pro shows just how much tech Apple crammed into it
▼ + stars: | 2024-02-05 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Want to know what's inside the Apple Vision Pro but don't want to break yours open? NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe Apple Vision Pro launched in the US on Friday, and we've already seen plenty of photos, videos, and reviews of its exterior features. AdvertisementFortunately, a new video from the tech repair experts at iFixit offers an inside look at the cogs and gears inside the headset. Check out iFixit's teardown of the Vision Pro here:

Persons: iFixit, —, we've Organizations: Apple, Service, Vision Pro, iFixit

☆ Here's why Apple stock is still worth holding despite Wall Street's shortsightedness
▼ + stars: | 2024-02-04 | by ( Jim Cramer | ) www.cnbc.com time to read: +14 min

Asked a double-edged question: "What can you do to make my Apple stock go up." On Friday, we had so many storylines going it is hard to get your head around Apple's Vision Pro launch and its import. Most of all, however, the customer satisfaction level allows him to experiment with something really radical: the Vision Pro. No one is buzzing about how Apple can't meet demand for the Vision Pro. People walk in an Apple store on the day the Vision Pro headset goes on sale in Los Angeles, Feb. 2, 2024.

Persons: Apple's, Mark Zuckerberg, Zuckerberg, Matt Horween, Tim Cook, Cook, AirPods, Goldman Sachs, Apple, Ray, that's, Jim Cramer's, Jim Cramer, Jim, Mike Blake Organizations: Costco, Apple, Meta, Apple's Vision, Web Services, Reality Labs, Dow Jones Transportation, Federal Reserve, Huawei, Vision, Major League Soccer, CNBC Locations: China, Republic of China, Los Angeles

“We can't wait for people to experience the magic,” Apple CEO Tim Cook gushed Thursday while discussing the Vision Pro with analysts. If that happens with the Vision Pro, references to spatial computing could become as ingrained in modern-day vernacular as mobile and personal computing — two previous technological revolutions in technology that Apple played an integral role in creating. Photos You Should See View All 45 ImagesSo what is spatial computing? On the work side of things, videoconferencing service Zoom and other companies that provide online meeting tools have built apps for the Vision Pro, too. Although it might be heralded as a breakthrough if Apple realizes its vision with Vision Pro, the concept of spatial computing has been around for at least 20 years.

Persons: Apple's, “, ”, Tim Cook, Cathy Hackl, ” Hackl, hasn't, Simon Greenwold, Greenwold, Tom Cruise, “ It's Organizations: FRANCISCO, Apple, ” Apple, Vision, Netflix, YouTube, Google, Pro, Massachusetts Institute of Technology

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