Tim cook
If the DOJ’s lawsuit is successful, it could force the Tim Cook-run company to make significant changes to its highly successful business model.
In a press conference announcing the lawsuit, U.S. Attorney General Merrick Garland said, “As set out in our complaint, Apple has that power in the smartphone market. If left unchallenged. Apple will only continue to strengthen its smartphone monopoly.”
Per The Verge, the DOJ’s lawsuit accuses Apple of:
Disrupting “super apps” that encompass many different programs and could degrade “iOS stickiness” by making it easier for iPhone users to switch to competing devices
Blocking cloud-streaming apps for things like video games that would lower the need for more expensive hardware
Suppressing the quality of messaging between the iPhone and competing platforms like Android
Limiting the functionality of third-party smartwatches with its iPhones and making it harder for Apple Watch users to switch from the iPhone due to compatibility issues
Blocking third-party developers from creating competing digital wallets with tap-to-pay functionality for the iPhone
In a statement to CNBC, Apple did not agree with the lawsuit and said it would fight it.
A spokesperson for the tech giant told CNBC, “This lawsuit threatens who we are and the principles that set Apple products apart in fiercely competitive markets. If successful, it would hinder our ability to create the kind of technology people expect from Apple—where hardware, software, and services intersect. It would also set a dangerous precedent, empowering government to take a heavy hand in designing people’s technology.”
Android users have been eating this all up because of the claims they have accused Apple of for years.
You can see more reactions in the gallery below.
After teeing up Wall Street for a difficult fiscal second quarter, the tech giant Apple beat analyst expectations for the quarter, delivering revenue of $94.8 billion (expectations were for $92.9 billion), down 3 percent year over year, and earnings per share of $1.52, flat compared to last year (expectations were for an EPS of $1.43).
Apple’s services segment, which includes Apple TV+, Apple Music, Apple Arcade and other offerings, continues to grow at a rapid clip, reporting revenue of $20.9 billion, a new record.
The company reported net income of $24.16 billion, down from $25 billion a year ago.
“We are pleased to report an all-time record in Services and a March quarter record for iPhone despite the challenging macroeconomic environment, and to have our installed base of active devices reach an all-time high,” said Apple CEO Tim Cook. “We continue to invest for the long term and lead with our values, including making major progress toward building carbon neutral products and supply chains by 2030.”
Apple also increased its dividend and announced an additional $90 billion in share repurchases.
This article was originally published by The Hollywood Reporter.
HipHopWired Featured Video
Source: Apple / Macs
Apple is doing a major about-face on a feature that the late Steve Jobs did not want to see on his Mac computers.
Spotted on Bloomberg, Apple is now considering bringing touch screens to its Mac computers. It would break from Steve Jobs’ feelings towards the feature when that finally happens. He felt it was “ergonomically terrible.”
Per Bloomberg:
Apple engineers are actively engaged in the project, indicating that the company is seriously considering producing touch-screen Macs for the first time, according to people familiar with the efforts. Still, a launch hasn’t been finalized, and the plans could change.
For more than a decade, the company has argued that touch screens don’t work well on laptops and that the iPad is a better option if someone wants a touch interface. Apple also has worried that touch-screen Macs could cannibalize iPad sales.
Apple’s decision to go against its founder’s beliefs, Tim Cook upheld, could be from the pressure to keep up with rivals who are increasingly adding touch screens to their computers.
Plus, according to Bloomberg, the Mac has seen a resurgence, outselling the iPad, and Apple wants its computers to be popular among computer and laptop users.
When Will The Touch Screen Mac Arrive?
When can we expect to see the touch screen Mac? The website claims it could arrive in 2025 “as part of a larger update to the MacBook Pro, according to the people who asked not to be identified because the plans are private.”
The touch screen Mac would be one of the most significant decisions the company has made in years. The late Steve Jobs had a total disdain for them, saying the idea of making users reach up to touch an upright screen “doesn’t work.”
[embedded content]
Jobs also said Apple would never sell phones or tablets, but we all know what Apple’s most popular device is: the iPhone.
One accessory we are pretty sure Steve Jobs would hate is the Apple Pencil, the man who created Apple couldn’t stand the idea of styluses.
—
Photo: Apple / Macs
-
Pages