Apple Receives Another Investor Downgrade In Just a Week

Yet another Wall Street analyst firm has downgraded Apple’s stock, as sales expectations for the iPhone are set to disappoint this year.

According to CNBC, Atlantic Equities has become the second analyst company to lower its rating for Apple shares. It made the decision on Monday, downgrading shares to neutral from overweight.

The company believes that the tech giant will have a disappointing 2018 in terms of iPhone sales. Longbow Research made a similar action last week.

James Cordwell, an analyst at Atlantic, said he’s seeing “signs that iPhone demand is starting to soften, limited visibility into the potential for future iPhone cycles and emerging challenges to the smartphone’s dominance at the centre of consumer technology.”

In a client note, he said declining sales will have a negative impact on stock. Cordwell wrote: “We believe the stock’s multiple will compress, limiting upside potential.

He added that data points from the supply chain recently “turned negative.” Cordwell explained: “Tougher ASP comps and the lack of a volume ‘supercycle’ with the iPhone X will leave it difficult to build conviction in future cycles.”

“Meanwhile, there also appears potential that concerns could increase over Apple’s position at the centre of consumer technology, particularly given the growing consumer interest and rapid innovation in voice-based devices.”

Last week, Longbow Research lowered Apple’s stock amid fears that iPhone sales may begin to slip.  Analysts at the firm predict that Apple will sell less iPhones in the 2018 financial year.

Shawn Harrison, who works at Longbow, unveiled these claims in a briefing. Harrison said his firm is “seeing only a good, not great iPhone cycle”.

He wrote: Apple found iPhone price elasticity with the introduction of the X blunting some demand. Reception of the iPhone 8/8Plus was lukewarm with Apple shifting production back toward the iPhone 7 as a result.”

He expects Apple to ship 233 million handsets this year, as opposed to the previous estimate of 238 million. Other analysts predict that the firm will ship 239 million iPhones in 2018.

iDrop News

Apple might retire iPhone X next year… just like it did iPhone 5 in 2013

Often, in the Apple rumor space, the what gets conflated with the why. If Apple retires iPhone X later this year, it wouldn’t be unprecedented. Just ask iPhone 5.

KGI Securities financial analyst, Ming-Chi Kuo, who has a history of getting information out of Apple’s supply chain, has clarified an earlier “prediction” about Apple’s 2018 product line.

According to MacRumors, which obtained a copy of Kuo’s note:

iPhone X would hurt product brand value & lineup of 2H18 new models if it continues to sell at a lower price after 2H18 new models launch: Lowering iPhone X’s price after the 2H18 new models launch would be a negative to product brand value given 3D sensing and OLED display are features of the new high-price model. Additionally, to sell iPhone X at a lower price may have a negative impact on shipments of the new 6.1″ LCD iPhone in 2H18. Thus, we estimate iPhone X will reach end-of-life (EOL) around the middle of 2018.

Often, in the Apple rumor space, the what gets conflated with the why. Someone comes across some information and instead of just reporting the information, it gets spun into a larger narrative that, at times, is partially or completely out of context. Multiply that through a chain of broken reblogs, and hilarity can and often does ensue.

Back in 2013, Apple chose not to follow its typical strategy and reduce the price of iPhone 5 by $ 100 to sit below the new, flagship iPhone 5s. Instead, Apple introduced iPhone 5c. It was a product that better suited the market and manufacturing goals Apple had at the time.

(In 2016, Apple did the same with the original Apple Watch: It was retired in favor of Apple Watch Series 1, which was introduced alongside the new, flagship Apple Watch Series 2.)

2018 could easily be similar to 2013, where iPhone X gives way to the new, cheaper LED form factor that better suits the market and manufacturing goals (and realities), which then sits beneath the new, flagship iPhone XI devices (whatever Apple calls the second generation and larger size versions.)

Apple doesn’t set out to make one or two or three new iPhones in a year. The company sets out to make the best product line up. Often that entails keeping the previous year’s device on the market at a slightly reduced price. But not always.

Forget competing for customer attention — or OLED supply. If Apple really wants to offer a less-expensive and larger sized edge-to-edge iPhone as part of this year’s product line up, then retiring current iPhone X to make way for it is the way to do it.

(Let’s just hope it finds higher attraction among its intended customer base than iPhone 5c did.)

iMore – Learn more. Be more.

New Live TV Streaming Numbers Place YouTube TV at Just Over 300K Subscribers and Hulu at 450K

Hulu with Live TV and YouTube TV both launched in the spring of 2017, offering customers over-the-top live television streaming options in line with established services like Sling TV and DirecTV Now.

Today, sources revealed to CNBC that Hulu with Live TV now has 450,000 paid subscribers — “not including recent promotional customers” — while YouTube TV has just over 300,000 as of the beginning of 2018.

Although neither service has been on the market for one full year, the sources delivering the subscriber numbers said that each company is “making some progress” in convincing users to cut the cord. However, analyst Rich Greenfield commented that any company offering a live TV streaming service may have trouble substantially growing their subscriber base “because canceling is so easy” and basic on-demand versions of Hulu and YouTube could be enough for many users.

“If you don’t care about live sports, the original Hulu product is awesome,” Greenfield said. “You can get all of the programming you want for more than $30 less. And YouTube is free. It actually shows you how poor the value proportion is for live TV.”

[…] cable and satellite TV are stickier businesses than web-based services because they’re so difficult to cancel, Greenfield said. “You can cancel these live streaming services with four clicks of a button,” Greenfield said. “Have you tried canceling your cable?”

Hulu with Live TV and YouTube TV are both beaten out by Sling TV and DirecTV Now, which were previously reported to have reached 1 million and more than 2 million paid subscribers, respectively. Another contender is PlayStation Vue, reported at 455,000 subscribers in Q3 2017. The subscriber numbers reported by CNBC today have not been confirmed by Hulu or YouTube, so there is still no official word regarding how accurate the data might be.

In terms of price, Hulu with Live TV starts at $39.99/month and YouTube TV starts at $35/month. Hulu’s service is also technically still in the beta phase, and on the FAQ section of its website Hulu states, “While we are truly proud of Hulu’s live TV offering, we know that introducing any new service can come with “hiccups” from time to time, so we are first opening it up as a “Beta” to be transparent with our viewers.”

The upcoming Apple TV app for YouTube TV

Since some of these over-the-top services are still new, many of them are in the process of adding a few user-requested features following their launches. At CES, Hulu announced Live TV will get a more traditional guide interface for browsing channels, and DirecTV Now customers are waiting for its cloud DVR to launch sometime in 2018. In the first quarter of 2018, YouTube TV also plans to debut an app for the Apple TV.

Discuss this article in our forums


MacRumors: Mac News and Rumors – All Stories

Amazon Go app hits Google Play just ahead of Seattle store opening

Amazon’s getting ready to open up its checkout-free Amazon Go convenience store in Seattle tomorrow on January 22nd, and the corresponding app has just hit Google Play. Advertising “Just Walk Out Shopping,” the new Amazon Go store uses sensors and cameras to keep track of which items you take, charging your Amazon account for whatever you bring out of the store. Basically, it’s shopping, but without the tedious process of a manual checkout.

Read More

Amazon Go app hits Google Play just ahead of Seattle store opening was written by the awesome team at Android Police.

Android Police – Android news, reviews, apps, games, phones, tablets

Surgeons in France Just Performed the First-Ever Double Face Transplant

Re-Transplantation

Twelve years ago in France, a team of surgeons successfully completed the first-ever face transplant procedure. Unfortunately, seven years after the history-making surgery, the patient’s body rejected the transplant. Since the rejection occurred two months, the patient has been living without a suitable alternative. In a risky move, surgeons decided to attempt to transplant a second face, this time from a different donor.

Rejection is likely to be a chronic issue with face transplantation, so there was significant doubt as to whether or not another transplant could even be performed, let alone succeed. According to a statement by France’s biomedical agency and the National Hospital Service, as reported by the Telegraph, “This graft shows for the first time…that re-transplantation is possible in the case of chronic rejection.”

While the surgery has been performed, it will still be weeks before doctors can determine whether or not it was successful. Fewer than 40 face transplant operations have ever been performed, so statistics on long-term outcomes are still being accumulated. However, if the surgery does prove successful, it would open up the potential of re-transplantation for patients.

Recipients of organ transplants always face the possibility of rejection, and as a preventative measure typically must take immunosuppressive drugs for the rest of their lives after the procedure. These drugs don’t come without risks of their own, however. In 2016, the patient who received the world’s first face transplant 12 years ago, Isabelle Dinoire, died of cancer that her physicians believed was complicated, if not caused, by the rigorous regiment of immunosuppressive drugs she was required to take to prevent the transplant from being rejected.

A New Life

While an impressive surgical feat, face transplantation is incredibly high-risk and entails a lifetime of complications, possible infections, surgery, medications, and the constant threat of possible rejection. Still, recipients have often lost so much that to undergo the procedure restores more than just tissue. After she received the world’s first transplant, Dinoire said in a statement that “It may be someone else’s face, but when I look in the mirror, I see me.”

While the history-making procedure began in France, the procedure has been practiced in a total of seven countries so far. When it was first performed, it seemed to be a borderline miracle that there was any level of success. It’s still far from being considered routine, however. Surgical techniques, ways to manage complications and the looming threat of rejection, as well as the medications needed to prevent such a rejection, need more research in order to give patients the best chance of living a full life.

Face transplants are able to tackle a wide-range of medical conditions stemming from genetic disorders, accidents, or assaults — many of which are not just disfiguring but cause a patient great pain. An injury may also have may also have resulted in a loss of function, so a transplant could potentially restore their ability to breathe, eat, and speak, as well as allow them to once again display facial expressions. While a patient certainly needs to breathe and eat to live, giving them the ability to smile and laugh again is not to be underestimated.

The post Surgeons in France Just Performed the First-Ever Double Face Transplant appeared first on Futurism.

Futurism