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Apple plans to host demos for its $3,500 Vision Pro at Apple Stores. Users will be shown how to view images and videos while wearing the headset, Bloomberg reported. AdvertisementApple recently announced that it was offering up free demos of its much-anticipated mixed-reality headset, Vision Pro. Apple retail workers will start by fitting users with a headset and explaining how the interface works. Once the headset is on, users will be shown how to view still, panorama, and 3D images that Apple calls "spatial photos," per Bloomberg.
Persons: Organizations: Apple Stores, Bloomberg, Service, Apple, Employees, Digital
Apple's Vision Pro will launch in the U.S. on Feb. 2, the company said in a press release Monday, with preorders beginning Jan. 19. The Vision Pro is Apple's first new product category since the Apple Watch launched in 2015. UBS, for example, anticipates Vision Pro revenue could be around $1.4 billion, a "relatively immaterial" amount. Apple says that several productivity and creativity apps will work with Vision Pro, including Microsoft's Office suite and Salesforce's Slack. With the new headset, Apple aims to change how consumers experience gaming and video content.
Persons: Tim Cook, haven't, Salesforce's Slack Organizations: Vision, Apple, Worldwide Developers, Apple Watch, UBS Locations: U.S
It may not be worth Tesla's while to make a Europe-friendly version of the Cybertruck. AdvertisementAfter years of waiting, the Cybertruck is finally here — but European Tesla fans shouldn't get too excited. There are a few reasons why it's unlikely to be sold across the Atlantic anytime soon. Advertisement"For a vehicle in the category of the Cybertruck, there's not a huge market in Europe, because pickup trucks generally are not very common." Elon Musk at the Tesla Cybertruck delivery event.
Persons: , Tesla, Pedro Pacheco, Pacheco, there's, Elon Musk Organizations: EU, Service, European, Tesla, Gartner, NAC, CCS, Business Locations: Europe, European Union, EU, North America
People lined up outside some Tesla showrooms over the weekend to see the Cybertruck. Dozens of Tesla fans lined up outside some of the company's showrooms over the holiday weekend trying to catch a glimpse of the new Cybertruck. "My wife and I just got to the @Tesla Showroom in Tampa and there is a line wrapping around! AdvertisementUpdate: My wife and I just got to the @Tesla Showroom in Tampa and there is a line wrapping around! Advertisement" $TSLA halo effect," Future Fund founder Gary Black wrote on X in response to a video of the lines at a Tesla showroom.
Persons: , Tesla, Electrek, @NickGibbsIAG, Ps0hefMzuH, Matthew Donegan, Ryan, Donegan, " Donegan, bk31FmiYHJ — Matthew Donegan, @MatthewDR, Christian Artman, Artman, Toby Li, there’s, Javier Verdura, It's, Elon Musk, Gary Black Organizations: Service, Apple, Twitter, Electrek Locations: Tampa, Washington, Miami, Langley , British Columbia
Tesla plans to deliver 10 Cybertrucks at its November 30 event, an executive said. The company plans to deliver only 10 Cybertrucks during its delivery event later this month, Tesla global director of product design Javier Verdura said at a keynote address last week, the Mexican newspaper Milenio reported. Up until recently, it was unclear how many Cybertrucks Tesla planned to deliver at the event or how many it would be able to get into customers' hands this year. "We dug our own grave with Cybertruck," Musk said during Tesla's earnings call earlier in November. The Tesla CEO said the company aims to produce about a quarter million Cybertrucks per year by 2025.
Persons: Tesla, Elon Musk, , Javier Verdura, Electrek, Musk, you've Organizations: EV, Service
Huawei launches its rival to Tesla’s Model S
  + stars: | 2023-11-10 | by ( Diksha Madhok | Michelle Toh | ) edition.cnn.com   time to read: +3 min
Hong Kong/Beijing CNN —Huawei has launched a new electric vehicle (EV) that is designed to take on Elon Musk’s Tesla. The Chinese tech giant began taking preorders of the Luxeed S7, its first sedan, on Thursday. The S7’s 800-volt battery pack, the thinnest in the industry according to Yu, is made by Chinese EV battery giant CATL. A 15-minute charge will yield a driving range of 400 kilometers (249 miles), according to Yu, which surpasses the 347-kilometer range (about 216 miles) for Tesla’s Model S after a similar charging period. However, at the equivalent of $35,400, the S7 is much cheaper than the most basic Model S, which costs 698,900 yuan or $95,800 in China.
Persons: Elon Musk’s Tesla, Richard Yu, Mark Rainford, , ” Rainford, Yu, Rainford, Tesla, they’re Organizations: Beijing CNN, Huawei, Elon, Chery, YouTube, China, CNN, EV, Automotive Locations: China, Hong Kong, Beijing, Shenzhen, Shanghai
The 2025 Ram 1500 Ramcharger is a new electric truck... kind of. The 2025 Ram 1500 Ramcharger. StellantisRam's answer to those anxieties is the 2025 Ram 1500 Ramcharger, an electric truck with a range-extending gasoline generator. The 2025 Ram 1500 Ramcharger. The 2025 Ram 1500 Ramcharger.
Persons: Ramcharger, , Rivian, Tesla, Stellantis, Ram Organizations: Service, Tesla, Toyota RAV4 Prime, Chevrolet, Ford, General Motors
Wall Street will be closely looking at Tesla's gross margins to gauge if the trough has passed — or if there's more downside potential ahead. Ahead of Tesla's quarterly release, several Wall Street analysts have pulled back their performance forecasts. Wells Fargo cuts target price Wells Fargo trimmed its price target by $5 to $260 on Oct. 9, leaving its investment recommendation at equal weight. However, we doubt either will be enough, and therefore more px cuts, particularly globally, may be needed in Q4 to hit the delivery target." The broker has a sell rating on the stock and a price target of $125 which, if reached, would send Tesla 49% lower.
Persons: Tesla, StreetAccount, they've, Elon, Piper Sandler, slowdowns Piper Sandler, Wells, Goldman Sachs, Tesla Goldman Sachs, Guggenheim, bearish Guggenheim, Michael Bloom Organizations: Bank, Deutsche Bank, Wall, Tesla, Austin & Shanghai Locations: StreetAccount, 4Q23, China, Austin, EVs, U.S
The Pixel Watch 2 replaces the first-generation Pixel Watch, which was released in October of 2022. AdvertisementAdvertisementWhere to preorder the Google Pixel Watch 2The Google Pixel Watch 2 can be preordered through the Google Store, or at other retailers such as Best Buy and Amazon. AdvertisementAdvertisementGoogle Pixel Watch 2: pricePricing for the Google Pixel Watch 2 starts at $349 for the Bluetooth and WiFi-only option, and $399 for the LTE-enabled model. Google Pixel Watch 2: new featuresJohn Lynch/InsiderThe Pixel Watch 2 ushers in a number of upgrades over its predecessor, the first-generation Pixel Watch, that appear to make it a solid blend of being both a Google smartwatch and a Fitbit fitness tracker. AdvertisementAdvertisementGoogle Pixel Watch 2: release dateThe Google Pixel Watch 2 will be available starting October 12 and is available for preorder now via the Google Store.
Persons: John Lynch, There's Organizations: Google, Bluetooth, Walmart, Watch, Pixel, Fitbit, Samsung Galaxy, preorder
Meta announced Quest 3, a sequel to the bestselling VR headset of all time, on Wednesday. Other improvements include "pancake lenses," a kind of optic first used on Meta's $1,499 Quest Pro that make images sharper and allows for higher resolution. The release of Meta's latest VR headset comes as a battle looms with Apple in virtual reality. Its Quest 2 is by far the bestselling VR headset, with nearly 10 million units sold last year, slightly down from a pandemic peak, according to an industry estimate. Apple's Vision Pro headset won't go on sale until next year, and costs significantly more than Meta's headsets, starting at $3,499.
Organizations: Meta, Qualcomm, Apple, Facebook, VR, Reality Labs
Apple's iPhone 15 shipped with a bug that left some users with the "Apple logo of death." The issue occurred when they tried to transfer their information directly from an old iPhone. AdvertisementAdvertisementCustomers who snapped up an Apple iPhone 15 have been frustrated by a bug that left some of them with frozen screens. If the phone is already stuck on the Apple logo, users will have to restore the iPhone by connecting it to a Mac or PC via a cable. In a note last week, Wedbush analyst Dan Ives said preorders for the iPhone 15 were up between 10% and 12% year-on-year compared with initial preorders for the iPhone 14.
Persons: , I've, Mark Gurman, Dan Ives, preorders Organizations: Service, Apple
Apple CEO Tim Cook greets customers purchasing Apple’s new iPhone 15 during a launch event at the Fifth Avenue Apple Store in New York City on Sept. 22, 2023. Apple CEO Tim Cook opened the company's Fifth Avenue store Friday in New York to celebrate the official release of the iPhone 15 lineup, the Apple Watch Series 9 and the Apple Watch Ultra 2. Apple announced its new devices at its annual launch event earlier this month, and preorders opened Sept. 15. The new iPhone 15 lineup starts at $799 and features a USB-C charging port and a new titanium exterior. Customers can purchase the new devices at their nearest Apple Store or online.
Persons: Tim Cook, CNBC's Steve Kovach, Cook, preorders, Max, Kif Leswing Organizations: Apple, Fifth, Counterpoint Research, Bank of America Locations: New York City, New York, Madison
Apple's iPhone 15 went on sale in around 40 countries on Friday. Eager fans around the world have been lining up to get their hands on the latest model. The phone was initially unveiled at Apple's "Wonderlust" event on September 12 and has been available to preorder since September 15. I waited in the queue for 17 hours to get the first iPhone at India's first Apple store. Wedbush analyst Dan Ives said in a Monday note that preorders for the iPhone 15 were up between 10% and 12% year-over-year when compared with initial preorders for the last model, iPhone 14.
Persons: Eager, he'd, Tim Cook, Dan Ives Organizations: Service, Apple Locations: Wall, Silicon, Australia, China, France, Mumbai, Ahmedabad
Evercore ISI upgrades CVS to outperform from in line Evercore ISI said in its upgrade of the drugstore chain that the stock is attractive. Daiwa upgrades Dell to outperform from hold Daiwa said in its upgrade of Dell that "AI is starting to kick in." JPMorgan downgrades Planet Fitness to neutral from overweight JPMorgan downgraded Planet Fitness due to leadership changes and "ongoing systemic challenges." TD Cowen reiterates Nvidia as outperform TD Cowen said it's even more bullish on the stock after attending a recent conference. TD Cowen downgrades Starbucks to market perform from outperform TD Cowen said in its downgrade of the coffee giant that it's concerned about China pressures.
Persons: Goldman Sachs downgrades Lazard, Goldman Sachs, Truist, Daiwa, Chris Rondeau —, , TD Cowen, Cowen, it's, Raymond James, downgrades Deere, KeyBanc Organizations: Barclays, CVS, Dell, Holdings, JPMorgan, Nvidia, Technology, Apple, Micron, Citi, GE Healthcare, GE, General Electric, " Bank of America, Bank of America, China SSS, Evercore, Deere Locations: Royal Caribbean, China
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Apple preorders Delivery dates for the iPhone 15 suggest that demand for Apple' s (AAPL) newest smartphone is outpacing supply, Goldman Sachs said in a note to clients Monday. 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, Goldman Sachs, Preorders, Goldman, he's, Jim Cramer's Organizations: CNBC, Dow Jones, Nasdaq, Dow, Oracle, Apple, Apple Watch, Pro Max Locations: China
Apple CEO Tim Cook holds a new iPhone 15 Pro during the Wonderlust project launch event at the company's headquarters in Cupertino, California, Sept. 12, 2023. Lead time and preorders for Apple's latest iPhone are "better than feared," Morgan Stanley analysts wrote in a note Monday. And reports from Chinese news agencies "suggest solid early pre-order demand for the iPhone 15," they added, despite investor concerns that have focused on China. "If iPhone 15 lead time and pre-order data continue to surprise to the upside, and/or if iPhone builds remain stable, we'd expect to see a short-term recovery in Apple shares," the analysts wrote. WATCH: Apple announces iPhone 15 lineup and Series 9 Watch at September product launch event
Persons: Tim Cook, Morgan Stanley, Apple Organizations: Apple, Ministry of Foreign, Huawei Locations: Cupertino , California, China, U.S
Learn moreLooking for the best iPhone 15 Pro and iPhone 15 Pro Max deals? Best iPhone 15 and iPhone 15 Pro Max dealsiPhone 15 Pro deals at VerizonVerizon offers the iPhone 15 Pro for free to new and existing customers who add an Unlimited Ultimate line or up to $1,000 off any other iPhone 15 model when trading in any previous iPhone. Other iPhone 15 Pro trade-in offersBoth Apple and Best Buy allow you to trade devices in for credit that you can use toward an iPhone 15 Pro or iPhone 15 Pro Max. iPhone Models Estimated trade-in values iPhone 14 Pro Max Up to $650 iPhone 14 Pro Up to $570 iPhone 14 Plus Up to $470 iPhone 14 Plus Up to $470 iPhone SE (3rd generation) Up to $160 iPhone 13 Pro Max Up to $580 iPhone 13 Pro Up to $480 iPhone 13 Up to $370 iPhone 13 mini Up to $320 iPhone 12 Pro Max Up to $450 iPhone 12 Pro Up to $360 iPhone 12 Up to $250 iPhone 12 mini Up to $200 iPhone SE (2nd generation) Up to $80 iPhone 11 Pro Max Up to $300 iPhone 11 Pro Up to $250 iPhone 11 Up to $200 iPhone XS Max Up to $170 iPhone XS Up to $140 iPhone XR Up to $140 iPhone X Up to $120 iPhone 8 Plus Up to $90 iPhone 8 Up to $60 iPhone 7 Plus Up to $50 iPhone 7 Up to $40The iPhone 15 Pro and iPhone 15 Pro Max hit stores starting September 22. Pricing starts at $999 for the iPhone 15 Pro (128GB base storage) and $1,199 for the iPhone 15 Pro Max (256GB).
Persons: Max, We've, We're, Joan Cros Garcia, you'd, you'll Organizations: Verizon, AT, Verizon Verizon, Unlimited, Apple, Mobile, Mint Mobile Locations: Verizon ., Magenta, Canada, Mexico
But, the announcements, which included a new iPhone 15 and an Apple Watch refresh, further strengthened the company's best-in-class ecosystem. New iPhone features Apple unveiled the iPhone 15 and iPhone 15 Plus, complete with USB-C charging instead of the propriety lightning port, starting at $799 and $899, respectively. The iPhone 15 Pro starting at $999 was unchanged from the previous model as well. The iPhone 15 Pro can capture special videos, providing for enhanced viewing on the upcoming Vision Pro mixed reality headset. The new Apple Watch models have more a powerful silicon chip as well, which allows for smoother graphics and more processing power.
Persons: Jim Cramer, Jim, Max —, Apple, Max, Tim Cook, Jim Cramer's, Apple Tim Cook, Kevin Dietsch Organizations: Apple, Vision, Apple Watch, CNBC, Allen & Company Sun Valley, Getty Locations: Cupertino , California, China, Tuesday's, Sun Valley , Idaho
Learn moreApple officially announced the Apple Watch Series 9 during its annual product event on September 12. AdvertisementAdvertisementWhere to preorder the Apple Watch Series 9Preorders of the Apple Watch Series 9 are available now via the Apple website and the watch officially launches on September 22. AdvertisementAdvertisementApple Watch Series 9 pricingThe Apple Watch Series 9 will be available in two different sizes, including a 41mm model and a 45mm model. Here's the pricing breakdown of all models:Apple Watch Series 9 (41mm): $399Apple Watch Series 9 (41mm, stainless steel): $699Apple Watch Series 9 (45mm): $429Apple Watch Series 9 (45mm, stainless steel): $749The Apple Watch SE, Apple's budget watch option, remains in the company's lineup and costs $249. AdvertisementAdvertisementApple Watch Series 9 new accessoriesApple; InsiderApple announced a number of new accessories for the Apple Watch Series 9, including a new suede-like woven band, a redesigned Sport Loop, and new collections with both Nike and Hermes.
Persons: Siri, Apple Organizations: Apple, Nike, Apple Watch
AdvertisementAdvertisementWhere to preorder the Apple Watch Ultra 2Preorders of the Apple Watch Ultra 2 are available now via Apple's online store. Apple Watch Ultra 2 pricingThe Apple Watch Ultra 2 comes in one sizing option, 49mm, and one case option, titanium. With the release of the Apple Watch Ultra 2, the original Apple Watch Ultra is no longer for sale via Apple's website. AdvertisementAdvertisementApple Watch Ultra 2 upgradesAlthough the Apple Watch Ultra 2 replaces last year's Apple Watch Ultra, its year-over-year changes are minimal. Apple Watch Ultra 2 environmental impactSimilar to the Series 9, some configurations of the Apple Watch Ultra 2 are fully carbon neutral.
Persons: it's, Siri Organizations: Apple, Apple Watch, Garmin, Apple's
Apple revealed the iPhone 15 starting at $799, and iPhone 15 Plus at $899, during its "Wonderlust" event on Tuesday, alongside the iPhone 15 Pro models. AdvertisementAdvertisementiPhone 15 and iPhone 15 Plus: priceThe iPhone 15 starts at $799 — the same price as the iPhone 14 at launch. AdvertisementAdvertisementThe iPhone 15 and iPhone 15 Plus have a September 22 release date, with preorders starting on September 15 from Apple. iPhone 15 and iPhone 15 Plus: new featuresThe iPhone 15 and iPhone 15 Plus include a Dynamic Island, which was previously exclusive to the high-end iPhone 14 Pro models. The iPhone 15 and iPhone 15 Plus run on the A16 Bionic processor that ran the iPhone 14 Pro models.
Persons: Apple Organizations: Apple, Assistance, AAA
The entertainment giant last week announced a commemorative box set containing its most acclaimed animated films from its storied history. The Disney Legacy Animated Film Collection features 100 films — one for each year of the House of Mouse's century-long history. Next month, Disney will increase the price of its Disney+ streaming service, where many of these films can be found, to $13.99 per month. That means the new box set will cost the same as roughly nine years of ad-free Disney+, or more than 15 years of the ad-supported $7.99 per month plan. Also in the box is a lithograph poster of "Wish," the company's upcoming animated film which will commemorate its centennial anniversary.
Persons: it's, Mickey, Coco, King, haven't, Warren Buffett Organizations: Disney, Walmart Locations: Disney's
The technology — called Duet AI — will cost just as much as Microsoft's 365 Copilot enhancements, which could become available in the first half of next year. Google began taking preorders for Duet AI for Google Workspace at the $30 per user price in May, but didn't disclose it publicly, Pappu said. In Gmail and Google Docs, users can input a simple text prompt and tell Duet AI to produce a result. One early customer is lingerie brand Adore Me, where employees use Duet AI to prepare copy, a Google spokesperson said. A consumer version of Duet AI for Google Workspace should become available "early next year," Pappu said.
Persons: Sundar Pichai, , ChatGPT chatbot, Aparna Pappu, Pappu, Redmond Organizations: Allen, Co . Media, Technology Conference, Google, Gmail, CNBC, Microsoft, Bing Locations: Sun Valley , Idaho, Redmond , Washington
These four trends are shaping the gun industry
  + stars: | 2023-08-27 | by ( Stefan Sykes | ) www.cnbc.com   time to read: +7 min
Here are four trends that are shaping the gun industry today:Market normalizationSeveral companies in the gun market are slowing down production and slashing prices as they combat material cost increases and waning demand for their weapons. Gun sales typically see a spike during presidential elections, Dionisio added. Investors in Biofire include venture capitalist Ron Conway and Peter Thiel's Founders Fund Biofire's smart gun comes as gun manufacturers increasingly look for different materials and technologies to make their products more appealing to consumers. "Smart guns can ensure that guns are accessible by their owners and no one else," said Nick Suplina, senior vice president for law and policy at Everytown, who has tested Biofire's smart gun. First-time gun purchasers during the pandemic, according to the study, were younger than previous, pre-pandemic U.S. gun owners.
Persons: Spencer Platt, Smith, Sturm, NSSF, Rommel Dionisio, Mark Smith, Christopher J, Killoy, Capital's Dionisio, Dionisio, Kai Kloepfer, Kloepfer, Biofire, they'll, Ron Conway, Peter Thiel's, Mark Oliva, Oliva, Nick Suplina, Matthew Miller, NORC, NSSF's Oliva Organizations: Getty, Wesson, Ruger, Company, Smith, Shooting Sports, Aegis Capital, CNBC, Smith & Wesson, Ruger & Company, Fund, Shooting Sports Foundation, Gun Safety, University of Chicago, America Locations: Monroe , Pennsylvania, U.S, Biofire, it's
Check out this $1,000 TV that hides in its own suitcase
  + stars: | 2023-08-15 | by ( Todd Haselton | ) www.cnbc.com   time to read: 1 min
I've been covering gadgets for 15 years and here's something I haven't seen: a TV that you carry around in its own suitcase. It just sits in its suitcase and you pop it open to view it. LG is now taking preorders for the TV, called the StanbyME Go. It costs $1,000 and ships starting Aug. 28. It has a 27-inch 1080p screen, which isn't as sharp as the 4K screens you can now get on far cheaper sets.
Persons: I've Organizations: LG
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