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☆ An unopened, first-generation iPhone from 2007 just sold for a record-breaking $190,000 at auction — more than 317 times its original price
▼ + stars: | 2023-07-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

An unopened, original Apple iPhone from 2007 fetched nearly $200,000 at auction. The 4 GB first-generation iPhone sold for $190,372, blowing past sales estimates of $50,000 to $100,000. The sale price is more than 317 times the iPhone's original price of $599. The sale shattered the record set in February, when an unopened, first-generation 8 GB iPhone sold at auction for $63,356.40. The original iPhone sold at auction Sunday belonged to a member of the original engineering team at Apple when the iPhone first launched.

Persons: we've, Mark Montero, Steve Jobs, Max Organizations: Apple, Morning, LCG, Consumers

Both the Fitbit Sense 2 and the Apple Watch Series 8 are the latest generation of their brand's flagship wearable — and are the best Fitbit and best Apple Watch, respectively, you can buy. While the original Fitbit Sense had a small touch-sensitive haptic button on the left-hand side of the watch, Fitbit added a physical button to the Fitbit Sense 2, which is easier to operate, especially during workouts. Antonio Villas-Boas/Rick Stella/Insider Apple Watch Series 8 vs. Fitbit Sense 2: Smartwatch performanceIt's clear the Sense 2 was built with health and wellness in mind but beyond that, its smartwatch capabilities are limited. Apple Watch Series 8 vs. Fitbit Sense 2: Battery lifeAntonio Villas-Boas/Rick Stella/InsiderOne of the main reasons you'd want the Fitbit Sense 2 over the Series 8 is its battery life. The Apple Watch Series 8 costs $100 more than the Fitbit Sense 2 but it is a more full-featured smartwatch.

Persons: you'd, we've, Antonio Villas, Rick Stella, Fitbit, I've, you've Organizations: Apple, Apple Watch, Price Apple, Amazon Apple, iOS Battery, Spotify, Fitbit, iOS

The lawsuit stemmed from Cook's comment on a Nov. 1, 2018, analyst call that while Apple faced sales pressure in markets such as Brazil, India, Russia and Turkey, where currencies had weakened, "I would not put China in that category." Rogers, based in Oakland, California, said jurors could reasonably infer that Cook was discussing Apple's sales outlook in China, not past performance or the impact of currency changes. The judge also said that prior to Cook's comment, Apple knew China's economy had been slowing and had data suggesting that demand could fall. Apple and its lawyers did not immediately respond on Tuesday to requests for comment. The case is In re Apple Inc Securities Litigation, U.S. District Court, Northern District of California, No.

Persons: Tim Cook, Yvonne Gonzalez Rogers, Rogers, Cook, Apple, Jonathan Stempel, Jonathan Oatis Organizations: Apple Inc, Apple, U.S, Norfolk Pension Fund, Apple Inc Securities Litigation, Court, Northern District of, Thomson Locations: U.S, China . U.S, Brazil, India, Russia, Turkey, China, Cupertino , California, Oakland , California, Norfolk, Norwich, England, Northern District, Northern District of California, New York

☆ What Apple's entry into virtual reality means for the future of Meta Platforms and the metaverse
▼ + stars: | 2023-06-11 | by ( Samantha Subin | ) www.cnbc.com time to read: +5 min

Meta Platforms ' vision to sell a future where people work, play and mingle in a virtual world may finally be getting its long-overdue validation thanks to an unlikely partner. Apple on Monday unveiled its highly anticipated mixed reality product, known as Vision Pro , at its annual Worldwide Developers Conference . So confident in the bright future of the metaverse, Facebook rebranded itself as Meta Platforms in 2021 to better reflect its vision beyond social media. More than a year and a half later Apple's metaverse entry may finally offer the much-needed support to Meta's overambitious vision, and lure once skeptical investors back to the virtual world. With the company — and metaverse vision — so dependent on consumer adoption, this creates a difficult near-term setup, Meeks said.

Persons: It's, Mark Zuckerberg, Gucci, Meta's, Gene Munster, Wall, Paul Meeks, JPMorgan's Samik Chatterjee, Advisors Capital Management's JoAnne Feeney, Meeks, Davidson's Tom Forte, scoffed, Apple's, Feeney, Bernstein's Toni Sacconaghi Organizations: Apple, Developers, Facebook, Walmart, Grill, Independent Solutions Wealth Management, Advisors Capital, Munster, Quest

☆ Apple is finally fixing the iPhone's ducking autocorrect problem
▼ + stars: | 2023-06-06 | by ( David Goldman | ) edition.cnn.com time to read: 1 min

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☆ About ducking time: Apple to tweak iPhone autocorrect function
▼ + stars: | 2023-06-05 | by ( ) www.reuters.com time to read: +1 min

June 5 (Reuters) - One of the most notable happenings at Apple's event for developers on Monday is likely the iPhone maker's tweak that will keep its autocorrect feature from annoyingly correcting one of the most common expletives to "ducking." "In those moments where you just want to type a ducking word, well, the keyboard will learn it, too," said Craig Federighi, Apple's software chief. Apart from the texting tweak, the company had a lot on its agenda - an expensive new mixed-reality headset, details on a revamping of its desktop and a laptop revamp. Apple shares hit an all-time record Monday, putting the company's market valuation just shy of $3 trillion, which would also be a record. Of course, iPhone users have always had the option to turn off the autocorrect feature on their phones, which would allow its foul-mouthed users to be as profane as they want.

Persons: Craig Federighi, Stephen Nellis, David Gaffen, Anna Driver Organizations: Apple, Thomson

☆ How artificial intelligence could threaten major industries and business models
▼ + stars: | 2023-05-26 | by ( Samantha Subin | ) www.cnbc.com time to read: +11 min

Meanwhile, limits on applicable copyright rules make it simpler to train AI tools. Nevertheless, accuracy issues with AI tools, Redburn said, could boost the use case for Pearson. Copyright issues are another major obstacle for music companies. Some potential copyright violations include replicating an artist's likeness or voice, and that could weaken the catalog value for many music companies, analysts said. Similarly, Deutsche Bank analyst Matthew Niknam highlighted in a recent note AI presents more opportunities than risks and offers "underappreciated upside tailwinds" for Five9.

Persons: GOOGL, Goldman Sachs, Dan Rosensweig, Chegg, Brad Erickson, Hayden Brown, Brown, BTIG, Chegg's, Pearson, Redburn, Morgan Stanley, Brent Thill, Thill, Douglas Mitchelson, Rosenblatt, Barton Crockett, Morgan Stanley's Omar Sheikh, Ygal, Nat Schindler, Wix, Jefferies, Oppenheimer, Timothy Horan, Matthew Niknam, Meta Marshall, Marshall, Michael Bloom Organizations: Wall Street, Microsoft, Nvidia, Goldman, Chegg, Companies, Freelance, Upwork, RBC Capital, Pearson, Bank of America, UBS, Jefferies, Industry Music, Spotify, Credit, Warner, Warner Music Group, Universal Music Group, Citi, NICE, Deutsche Bank Locations: Nice

☆ Apple results show iPhone's 'consumer staple nature' in a tough environment, Wall Street says
▼ + stars: | 2023-05-05 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Most Wall Street analysts like what they're seeing from Apple , viewing the iPhone maker's better-than-expected results as a sign of resilience and its continued ability to deliver even in a tough environment. Apple rose 2% in the premarket after posting earnings that beat expectations, driven by stronger-than-expected iPhone sales. Chatterjee has an overweight rating on Apple and a price target that implies upside of 14.6%. Softening demand 'casts a cloud' Despite the company's better-than-feared results, some analysts do expect volatility ahead. UBS analyst David Vogt reiterated his buy rating on the stock but said softening demand "likely casts a cloud on the stock near term."

☆ Apple reportedly attracted $1 billion in deposits into its new high-yield savings account in just 4 days
▼ + stars: | 2023-05-02 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

Apple gained nearly $1 billion in deposits into its new high-yield savings account in just four days, according to a Forbes report. On the first day of launch, Apple gained nearly $400 million in deposits. Apple launched a high-yield savings account last month as more and more consumers seek to take advantage of the high interest rate environment. While Apple's starting yield of 4.15% isn't the highest for a high-yield savings account, there is something Apple offers that few others do: convenience. At least, convenience for iPhone users who already have an Apple Card, as the savings account integrates into the iPhone's Wallet app.

Wall Street on Tuesday upgraded two underperforming Club stocks — Emerson Electric (EMR) and Danaher (DHR) — to the equivalent of buy ratings. Historically, the iPhone's expensive price tag has hindered its ability to gain meaningful market share in the Indian smartphone market. We're confident Apple is gaining traction with Indian consumers , one reason why we continue to see Apple is a long-term investment. The company's two-pronged strategy of growing both its manufacturing- and consumer market share in India should prove fruitful in the coming years. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

☆ My 15-year dependent relationship with social media has become a health problem—here's how I'm breaking the habit
▼ + stars: | 2023-04-13 | by ( Ashton Jackson | ) www.cnbc.com time to read: +5 min

When I used a fake birthday to create a Facebook account at age 9, I didn't know I'd eventually become dependent on social media. I'm setting goals that are 'realistic' and 'specific'Limiting your social media use only works if you're consistent about it. I'm down to seven and a half hours on social media per day on weekends, almost half of my original 14. I've also lost 12 pounds since January by replacing some of my social media time with being active and making healthy meals. "You get the chance to actually engage with the world a little bit better [when you limit social media use].

☆ Tim Cook says he monitors his Screen Time reports 'pretty religiously' – but doesn't say how long he spends using his iPhone
▼ + stars: | 2023-04-07 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

Tim Cook told GQ magazine that Apple created tools to let users monitor time spent on their devices. The Apple CEO told GQ that he looked "pretty religiously" at his own Screen Time reports. "My philosophy is: if you're looking at the phone more than you're looking in somebody's eyes, you're doing the wrong thing," Cook said. Cook told GQ that kids are "born digital," and it was "really important to set some hard rails" around their online activities. Cook has rarely revealed much about his personal life but told GQ his day starts at 5 a.m. looking at customer emails.

The iPhone 14 Pro Max is Apple's priciest and most premium iPhone, so it pays to protect it with a reliable case. Our favorite cases for the iPhone 14 Pro Max include models from Apple, Otterbox, Smartish, and other trusted brands. Do iPhone 13 Pro Max cases fit the iPhone 14 Pro Max? A case meant for the iPhone 13 Pro Max will not fit the iPhone 14 Pro Max, as the two phones have slightly different dimensions. Though the iPhone 13 Pro Max and 14 Pro Max have the same height, they have different widths and depths.

Apple Watch Series 8 (41mm, GPS) The Apple Watch Series 8 now features a temperature sensor, car crash detection, and low-power mode, making it an even more powerful fitness tracker slash smartwatch. While the original Fitbit Sense had a small touch-sensitive haptic button on the left-hand side of the watch, Fitbit added a physical button to the Fitbit Sense 2, which is easier to operate, especially during workouts. Apple Watch Series 8 vs. Fitbit Sense 2: Smartwatch performanceThe Fitbit Sense 2 was clearly built with health and wellness in mind but beyond that, its smartwatch capabilities are limited. Apple Watch Series 8 vs. Fitbit Sense 2: Battery lifeAntonio Villas-Boas/Rick Stella/InsiderOne of the main reasons you'd want the Fitbit Sense 2 over the Series 8 is its battery life. The Apple Watch Series 8 costs $100 more than the Fitbit Sense 2 but you get a more full-featured smartwatch.

☆ Microsoft should throw billions at Apple to make Bing the default iPhone search engine, says a former Google exec
▼ + stars: | 2023-03-22 | by ( Hugh Langley | ) www.businessinsider.com time to read: +2 min

A former Google exec thinks Microsoft should outbid Google to land the default iPhone search spot. Landing the default search spot on the iPhone could disrupt Google's search dominance. If Microsoft wants to really throw Google's business into turmoil, it should offer Apple billions of dollars to become the iPhone's default search engine. Google currently pays an estimated $15 billion a year to be the default search engine on the more than 1 billion Apple devices globally, including the iPhone. While Google has launched its competitor to ChatGPT, known as Bard, it is not currently integrated into Google Search.

If your iPhone messages are green, it means they're being sent as SMS texts rather than iMessages. You may have noticed that the text messages in your iPhone's Messages app can appear as either green or blue. Green messages are ordinary SMS text messages, while blue messages are using Apple's proprietary iMessage format. The difference between SMS and iMessage, explainedOrdinary SMS text messages are sent using your cellular voice service, and don't use the internet or your data plan. Messages in green are SMS, while messages in blue are iMessages.

☆ DeSantis administration sent undercover agents to an Orlando drag show and they found nothing wrong with it. The state is still trying to punish the venue.
▼ + stars: | 2023-03-20 | by ( Natalie Musumeci | Chris Panella | ) www.businessinsider.com time to read: +5 min

Undercover agents were sent by the DeSantis administration to spy on a drag show, the Miami Herald reported. Still, Florida is moving ahead with a complaint against the venue to strip its liquor license. Ron DeSantis to spy on an Orlando drag show — and they found nothing "lewd" about it, according to the Miami Herald. A Florida drag queen told Insider before the Miami Herald report was published that they were concerned about rumors of undercover state agents showing up at performances. The DeSantis administration recently targeted the Hyatt Regency Miami after one of its facilities hosted "A Drag Queen Christmas" with minors present in the audience.

☆ How manufacturing chips in the US could make smartphones more expensive
▼ + stars: | 2023-03-09 | by ( Tim Mullaney | ) www.cnbc.com time to read: +6 min

So far, the law has spurred $200 billion of announced investment in U.S. chip manufacturing, the Semiconductor Industry Association said in December. How much of phone cost is in the chips On its face, a significant hike in chip prices has implications for consumers because chips are such a big component in overall phone manufacturing cost. For Samsung , the combined 5G modem and core apps processor add up to $193 of the $618 manufacturing cost of an S-22 Plus phone. Bringing chip manufacturing to the U.S. is expensive in many respects. "The high costs of construction includes labor costs, costs of permits, cost of occupational safety and health regulations, inflationary costs in recent years, and people and learning curve costs."

☆ Gen Z is more enthusiastic about iPhones than Android phones because of their cameras, screen layouts, and apps
▼ + stars: | 2023-03-01 | by ( Kate Duffy | ) www.businessinsider.com time to read: +3 min

Gen Z prefers Apple's iPhone to Android smartphones, a poll cited in the WSJ found. A 23-year-old told Insider that features like the iPhone Health app meant she was "Apple for life." Apple made up more than half of the US smartphone market last year, Counterpoint data showed. Apple was the top smartphone seller in Q4 last year in both the US and China, Counterpoint said. Despite Apple's popularity with Gen Z, Samsung is still the biggest smartphone manufacturer in the world by total shipments, according to International Data Corporation's research released in late January.

Generative AI boost for Nvidia NVDA 1Y mountain Nvidia (NVDA) 1-year performance Nvidia (NVDA) was the Club's biggest winner in January, climbing 33.7%, and in February its 18.8% monthly gain is second to only Bausch Health (BHC). The stock's exceptional performance this year goes much deeper to company-specific factors — specifically, all the buzz around generative artificial intelligence (AI). "AI adoption is at an inflection point," Nvidia CEO Jensen Huang said on the chipmaker's earnings conference call last week. Bausch bounces, but questions remain BHC 1Y mountain Bausch Health (BHC) 1-year performance Bausch Health (BHC) has had an incredible start to the year, climbing roughly 21% in both January and February. Efficiency commitment lifts Meta META 1Y mountain Meta Platform (META) 1-year performance Meta Platforms (META) has really turned it around, gaining roughly 24% in January and over 17% in February.

☆ Apple, Nvidia in the news: Here's our take on these outsized tech holdings
▼ + stars: | 2023-02-27 | by ( Zev Fima | ) www.cnbc.com time to read: +6 min

Apple (APPL) and Nvidia (NVDA) made headlines Monday, with bullish implications for both Club holdings. For example, Apple's market share of the 18-to-29-year-old cohort in South Korea has increased to 52% from 44% over the past two years, the Journal report noted, citing a Gallup poll. More broadly, the Journal explained, Apple continues to take market share away from South Korea's Samsung, the world's largest smartphone maker overall. That's a key reason we've expressed frustration with Qualcomm's slow progress on diversifying its revenue stream away from its heavy reliance on the smartphone market. Nvidia (NVDA) The news: Analysts at Bernstein took a crack at sizing up the market opportunity that generative AI represents, particularly as it relates to Nvidia.

Clearing your iPhone's app cache can also free up extra storage space. How to clear the cache, history, and cookies in Firefox on iPhoneFirefox has its own cache, which you can quickly clear in the browser's Settings page. Tap Clear Private Data and then confirm you want to do this by tapping OK.To free up the most space, select all the options in the Clear Private Data section and then tap Clear Private Data. Make sure that all the options you want to clear are selected and then tap Clear now. To free up the most space on your iPhone, select all the options and then tap Clear now.

☆ Tim Cook's mysterious silence on ChatGPT is making Apple look out of touch
▼ + stars: | 2023-02-16 | by ( Emilia David | ) www.businessinsider.com time to read: +4 min

Apple CEO Tim Cook needs to balance AI development with its ongoing supply chain issues. Apple CEO Tim Cook himself has said that AI "will affect every product and service we have." Delivering an interesting AI product is not the only problem Apple needs to address. Apple faced supply chain issues in 2021, delaying the delivery of the iPhone 14 Pro after protests around Covid-19 shutdowns temporarily closed its Chinese manufacturing hubs. The company has talked about diversifying its supply chain process, which could take decades.

☆ Is the iPhone's 'Made in India' era beginning as Apple breaks with China?
▼ + stars: | 2023-02-10 | by ( Diksha Madhok | ) edition.cnn.com time to read: +9 min

Minister of Commerce and Industry Piyush Goyal said Apple was already making between 5% and 7% of its products in India. His comments come at a time when Foxconn (HNHPF), a top Apple supplier, is looking to expand its operations in India after suffering severe supply disruptions in China. For years, Apple had relied on a vast manufacturing network in China to mass produce iPhones, iPads and other popular products. China headaches mountBut the world’s most valuable company posted shockingly weak earnings this month, partly because of its recent problems in China. According to Counterpoint’s Pathak, India accounts for 16% of the global smartphone production, while China constitutes 70%.

☆ The price of a high-end iPhone has increased 66% since 2009. Tim Cook says people are willing to pay more for 'the best.'
▼ + stars: | 2023-02-06 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Apple CEO Tim Cook said in an earnings call that people are willing to pay more for a better iPhone. The price of a high-end iPhone has increased by 66% since the iPhone 3GS was introduced in 2009. Today, the latest high-end iPhone model, the 14 Pro Max with 1 TB of storage, costs $1,600. When the iPhone X was introduced in 2018, the phone sold for $1,149, or around $1,376 in today's dollars. In 2013, the company introduced the iPhone 5C, which cost $100 less than the iPhone 5S.

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