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How analysts felt going into Apple's Q1FY21 earnings call is how they felt coming out. We'll go over raised targets (some grudgingly) and a few notes. Then, Apple marks Data Privacy Day while Facebook mars it. Everybody's got a carton mustache on Mac OS Ken: Live.
It was a real shenaniga-looza fest this week, cadets, with plenty of bad news adjacent to or directly involving Apple and most of the other big tech firms, Microsoft (somehow) excepted. Apple played hardball with both bugs and business partners, Facebook got caught, Google fessed up, and the FBI had to get real on an industrial spy. Speaking of spying, people were freaking out about a possible FaceTime bug, but ordering a copy of the Amazon Echo Show that does exactly the same thing ... and speaking of trouble, the US dropped charges on Huawei and wrapped up its case against Qualcomm, and we're just **starting to scratch the surface** of this crazy week! On the less-bad front, Apple would have had a record-bushing quarter but for that one thing (thanks, CHINA ...), some Mac malware and Siri shortcut concerns are only remote dangers (for now), and a German court tossed half of Qualcomm's lawsuits against Apple. Mike and Charles congratulate themselves on correctly predicting former Governor Scott Walker's deal with Foxconn was going to be a trainwreck, and the admission by AT&T and Verizon that no, "5G" isn't actually happening this year (and will barely get off the ground in 2020). There is some good news (aside from 90 percent of Apple's Q1 report, that is) -- such as American Airlines giving Apple Music subscribers completely free access to the service on their flights, and Verizon including Apple Music in their premium plans. But there's also the rather dodgy "portless" smartphones out of China, a third appearance of old iPhone SE on clearance, Ultraviolet shutting down, and making sure your loved ones have a path to your important digital photos and such. There's some new gear in the loading bay for Engineering Report -- and an insurance company that promises not to abuse your health data if you'll take their shiny gift of an Apple Watch you have to work out (but to be fair, it may very well save your life). Buckle up, cadets, we've overloaded the ship -- and it's gonna be kind of a rough landing!
Costs. Subsidies. Exchange rates. Margins. Ultimately, none of that matters. Even if iPhone price increases were in line with inflation and the increases in quality and diversity of components and new features, and we factored out exchange, and we didn’t give a damn about margins, it wouldn’t matter. Pricing is physiological more than mathematical. In the market, perception really is reality. And the perception among many is that iPhone prices have gotten too high. Tim Cook addressed exactly that during Apple's Q1 2019 conference call this week. So, what are he and Apple going to do about it? SPONSOR: Brilliant Go to http://brilliant.org/vector and sign up for free. First 200 people get 20% off the premium course! MORE: Gear: https://kit.com/reneritchie Podcast: http://applepodcasts.com/vector Twitter: https://twitter.com/reneritchie Instagram: https://instagram.com/reneritchie SUBSCRIBE: Apple Podcasts Overcast Pocket Casts Castro RSS YouTube
"Everything you have is debt." Mikah and Joe discuss Apple's Q1 warning, and Mikah thinks Apple is doomed.
The big story of the tech week that was this time was Apple's astonishingly great (again) fiscal Q1 financials, in which the company made enough in revenue to match more than half of the $160 billion they plan on repatriating into the US in the near future -- in just three months. It wasn't entirely rainbows and unicorns, cadets, but pretty close -- and Mike and Charles look briefly at the numbers and spend a bit more time noting that initial pundit and media reports overlooked an important factor, and that recent rumors about the iPhone X were, as we predicted, completely wrong. In addition to busting the myth of the unpopular iPhone X, we also put paid to the mistaken view that Apple's software is any worse than it was during whatever one believes was its "golden age." The crew also take a look at the growing but painfully slow success of Apple Pay, the company's growing interest in India, a new repair program for some iPhone 7 owners (and an update on the iPhone battery replacement program), and new problems (again) with the Surface Pro 4. Oddly, there aren't 16 various agencies quizzing Microsoft about this. There's also a technical look at the HomePod versus Google's Home Max, news about the 18-core iMac Pro (EXTREME!), updates on the betas of iOS 11.3 and macOS 10.13.4, more eGPU stuff to chew on, Nintendo iOS news, things that are not happening till 2019, some recent but questionable rumors (including the possible iPhone SE 2), and a little easter egg for those who listen to the very end of the credits. All this and more, cadets, so tune in and get ready for ludicrous-speed news and commentary!
Tuesday's been a relatively quiet day in the Apple world, but there's always something new to tell our listeners about: We tell you about the main features of the new OS updates out today Wacom announces a new stylus called the Bamboo Tip that's targeted at iOS devices and is half the price of the Apple Pencil iPhone X sales were actually quite good in Apple's Q1 2018, countering idiotic rumors from last week that Apple might cancel the product There's a "Double Feature" promotion going on in the iTunes movie store --- Support this podcast: https://anchor.fm/tangible-tech/support
Mike and Charles take on some of the top tech stories this week, but start off with a look at a cool (but pricey) add-on for the Mac (anything with Thunderbolt 2 or later): the Power Colored Devil Box. Beyond that, the pair look at the predictions for Apple's Q1 results, the failure of Samsung's Knox (and Android generally) to be good enough for military security; the Vitality (UK) health incentive, and where it almost fell down; Dropcam founder Greg Duffy's move to Apple; and the MacPaw SetApp subscription service. All this and more on board the Space Javelin, cadets, so climb on board!
This week, Christina and Bri are joined by Mikah Sargent to talk about Apple's Q1 results, the current state of Twitter and a new wireless broadband service named Starry.