Apple Reveals Recent Plans For iPhones

Speculations spread regarding the changes and innovations related to the highly anticipated iPhone 8 over amid the sluggish sales of iPhones in this period.

Relatively, Apple announced its plan to lessen the production of iPhone 6s and iPhone6 plus by 30 percent  after its recent quarterly earnings report due to the expected slow down of sales.

In a report released in the media, the prominent multi-tech company apparently has pursued its plan. It has lessened the production until the second quarter of the year. The expected drop of the global smartphone sales this year could have been one of the reasons of Apple as well.

Are we expecting an all glass iPhone 8?

Apple is expected to turn back on its glass backed design for its next iPhone. An infamous tech analyst strongly claimed that the tech juggernaut will dispose the legendary aluminum casing.

The analyst explained that the company will be more strongly motivated to use non-aluminum casings in 2017 in a bid to enhance the competitiveness of iPhone by offering an all new form factor design.

Aside from the all glass enclosure, the new model of iPhone is believed to have an Active Matrix Organic Light Emitting Diode or AMOLED display panel. The shipment of the smartphones with AMOLED display has increased by 54 percent.

“A glass casing may be slightly heavier than an aluminum one of the same thickness, but the difference is so small that the use of the thinner and lighter AMOLED panel will compensate for that” the analyst added.

A senior director of IHS Technology revealed that since the interest of Apple with AMOLED, other companies such as Japan Display and Sharp disclosed their plan to invest in this type of display technology by 2018.

iPhone to last for three years?

Based on the report released by the California based company, iPhones and Apple watch can last for only three years while Apple TV devices and Mac computers have life expectancy of four years.

Apple considers the environmental effect of its devices in determining the intended life span and how quick the users upgrade their devices nowadays.

Recently, Apple recovered £28 million worth of gold after processing 90 million  pounds of unwanted electronics from old iPhones and iPads.

The company revealed that they’ve kept more than 597 million pounds of equipment out of landfills since 1994 and in 2015 they collected around 90 million pounds of e-waste through their recycling programs.

Moreover, the tech firm accumulated 6,612 pounds of silver, 2,953,360 pounds of copper and 101,000 pounds of steel. However, they made sure that the devices are recycled properly and they don’t pose a threat to human health or the environment. Apple also hoped that they will inspire others to do the same thing.

Apple stays on the downside

Shares of Apple dropped by 2.01  percent or 2.25 points to trade at $109.85 on earlier in the session with a market capitalization of 596.85 billion. Apple had an intraday high of 112.30 and an intraday low of 109.73 after opening at 112.11. Currently, the stock has a price earnings ratio of 11.67 and a dividend yield of 1.89 percent.

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APPLE TO MARKET USED IPHONES IN INDIA, LOCAL RIVALS SAY NO

Apple’s attempt to sell used iPhones in India met different  speculations and criticisms as most of its local rivals  defied the plan of the tech giant over the weekend.

Considering that India is the second-largest mobile market, a lot of of industry executives encourage the government to decline the request of the American tech company.

In a letter released to the media, Ravnder Zutshi, Chairman Mobile and Communications Council questioned the attempt of Apple to import and sell refurbished phones. The chairman stressed out why they (the government) should not allow import of used phones when import of other goods such as cars are precluded by 300 percent duty levies.Mobile and Communications Council is composed of the biggest phone brands in India such as Samsung, Intel and Micromax.

The authorities which are against the movement of Apple restated the initiative of Prime Minister Narenda Modi to push local manufacturing in India. Meanwhile, a research director at Counterpoint research said that this attempt of the company is tied on its strategy as the smartphones market peaks in the country in the next few years.

Additionally, most its local rivals would not want the permission to be granted to Apple since it can put the local market at risks and might open the door for potential damage to the environment due to electronic waste.

Sunil Vachani of Dixon Technologies stated that millions of imported used phones will need their batteries replaced and he questioned where will those batteries go. He also reiterated that he is against any change in policy with regard to import of refurbished mobile phones.

For the record, four out of every five phones sold by Apple in India cost less than $150 while the branded smartphones are customer friendly at $35. Market experts believed that a number of foreign companies are on the move to make an Indian version of their phones as they widen their target customers. Relatively, the sales of Apple in India last holiday season went up to 76  percent.

Apple, which has at least 2 percent of the Indian market, may be hitting two birds at the same time if it will be given the permission to sell used phones in India. First, it won’t sacrifice the value of its prime products and second this might be the way to expand its market in the country.

Prior to the plan of the iPhone maker, it introduced its newest iPhone with an introducing price of $399. In relation to this, it might have 10 million worth of iPhone sales in 2017 . The market analysts thought that Apple might be using this strategy to back up its sales for the year as most of them estimated a lower income for the company.

On a lighter note, Apple celebrated its 4Oth year of providing one of the most innovative technological products. The firm happened to be the most valuable public corporation worldwide with $53 billion profit the previous year. The majority of the revenue of the company was generated from the sales of iPhones globally and as far as the market estimate is concerned, there are about 1 billion Apple devices sold around the world.

During the session earlier, Amazon traded higher at 598.50, an increase of 4.86 or 0.82 percent with a market capitalization of 279.42 billion dollars. The stock opened at 590.49 with an intraday high of 599.03 and an intraday low of 588.30. Currently it has a price earnings ratio of 482.61.

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Blackberry edges lower, to make more Android devices

Blackberry started the trading session at $8.00 and settled at $8.00 as well, down by 0.56 percent or 0.05. The stock had a session high  of $8.10 and a session low of $7.98 with a market capitalization of $4.21 billion. It has a price earnings ratio of 130.51 and an average volume of 7,517,230.

According to the survey conducted by Zacks and Investment Research, thirteen analysts issued a price range of $6 to $11 for the stock  and a price target of $7.788. As far as the analysts are concerned, they believed that Blackberry might disclose a $-0.08 earnings per share for this period.

On the other hand, Zacks issued an average broker recommendation (ABR) of 2.94 for Blackberry which has a range of 1-5. The ABR stands for the average of the actual recommendations made by the brokerage firms for a certain or specific stock.

Meanwhile, the Canadian telecommunication and wireless equipment company showed  7.07 percent of decline in short interest. The stock had a total short interest of 73.96 million shares this month. The reports concluded that the stock will be needing 16 days for the short sellers to secure their short positions in Blackberry.

Blackberry outperformed the Standard and Poor 500 by 8.04 percent with only 5.09 percent increase since the first half of 2015. For the monthly stock performance, Blackberry stands at 21.23 percent, while its year to date performance is at -13.25 percent.

The stock is 34.40 percent off the 52-week low and -27.77 percent off the 52-week high. At the  time of writing, the stock is also 26.54 percent off the 50-day low and -15.15 percent off the 50-day high.

Blackberry has been engaged in its own wireless solutions, including smartphones service and software and is divided into four sectors such as BlackBerry Technology Solutions, Device business, Enterprise Services and Messaging.

The Big Move of Blackberry

Recently, blackberry launched its first Android phone, the BlackBerry Priv. Most of the market experts questioned the decision of the company to jump into Android and threw away the BlackBerry OS.  However, amid the concerns and disagreements, Blackberry has been performing well and on its way to be the most efficient handset maker relevant to Android-based vulnerabilities.

Blackberry guaranteed its stakeholders that despite its venture on the Android system, the BlackBerry handset will still be the safest devices around.

Meanwhile, BlackBerry claimed to be the first OEM to deliver patches in line with the public disclosure of Google, which closed windows of vulnerability exposure to customers.It was written  on a blog post that the other mobile device vendors can take weeks, months or even years to deliver security patches . BlackBerry’s steadfast commitment to timely security updates is just one of the many reasons why BlackBerry continues to be the undisputed leader in mobile privacy and security.

Blackberry Preps for more Android devices

It was confirmed by CEO John Chen that the firm will produce at least one new phone using the Android Operating System of Google and one more Android device this year.

Chen has been optimistic to where the Android-based BlackBerry Priv is heading so far. He confirmed that the sales of the Priv is one of the major growth factors for the company,thus, they might push for more.

The CEO added that if their smartphone business won’t be able to generate profit, they might as well sell it as the firm was still unstable in general.

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General Electric short interest jumps

Shares of General Electric  traded higher for 0.16 to $29.39, presenting an increase of 0.55 percent at the recent session. The stock opened at $29.30 with a session high of $29.56 and a session low of $29.29. Currently, the company has a market capitalization of 298.8 billion and a price earnings ratio of 213.37.

The Connecticut based multinational conglomerate  corporation has a 50-day moving average of $28.61 and a 200 day moving average  of $28.18. It has a 52-week low of $19.37 and a 52-week high of $31.49 with a dividend yield of 3.13 percent.

General electric’s shares are short sold for almost 1.3 percent and the short interest was up for 5 percent. According to reports, the short interest was around 127,521,219 shares as of February 12 with an average trading volume of 48,957,886 shares.

Out of 20 analysts, the stock has a consensus rating of Buy and an average objective price of $31.96. From its recent quarterly earnings report, the stock revealed $0.52 earnings per share, beating the expectation of the analyst of $0.49. General electric had a revenue of $33.80 billion for the said period, an increase of 1.2 percent.

Jeffrey R. Immelt, CEO General Electric, confirmed that the company is restructuring while divesting its lower businesses. An expert of the matter believed that the stock will post positive data in the long run as it pursue its spin-off of assets.

According to the legal filing with the Securities and Exchange, the Senior vice president Jeffrey S. Bornstein disposed 168,313 shares at an average price of $28.91, a total of $4,865,928.83. Additionally, another SVP Alexander Dimitrief bought 65,272 shares for a total of $1,830,226.88.

The aviation sector of the company contributed $1.57 billion of the $5.5 billion operating profit of the General Electric. On the other hand, the power sector accumulated $1.63 billion in the total operating earnings of the stock. Lastly, the oil and gas segment contributed $715 billion, while the healthcare division gained $938 million.

Meanwhile, General Electric sold assets around $130 million to Ansaldo Energia to attain the orders of  the regulatory authority. Ansaldo Energia is a Genoa based Italian power engineering firm which produces thermo electric power plants operating on international markets.

Part of the assets sold to Ansaldo are the GT26 product line and GT36 technology development program of Alstom. The power systems manufacturing business of Alstom and service contracts are also included in the deal.

General Electric was also selected to create the overall design, engineering and construction  of a greenfield project, a biomass-fired power plant in Belgium. Reports said that the plant will operate for commercial purposes in 2019.

The company announced its intention to push for further growth as it introduced the officers who will head the functional roles and the revenue-generating business of the company.

In other news, the conglomerate company received a subpoena regarding the sale of residential mortgage loans. Despite the issue, general electric entailed its objective  to make a civic contributions as it plan to move to Boston.

Mr. Immelt said in an interview that they want their presence to be felt and they want to be meaningful. “We would be disappointed if the town didn’t feel the difference of having GE here,” the CEO added. The company will focus on education and community health.

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Microsoft to install apps on Acer Android devices

Microsoft announced its newest expansion strategy when it reported a total of 74 hardwares makers in 25 countries that will pre-install or already pre-installing Microsoft applications on their Android phones last Wednesday.

Nick Parker, corporate vice president of Microsoft’s OEM division, wrote on a blog post that Office and Microsoft services are available on a wide variety of Android devices today, such as the LG G Pad 2, Samsung Galaxy S6, Sony Xperia Z4 and many other tablets and phones offered by their partners.

Parker wrote the some of the applications included in the plan are Word, Excel, OneDrive, OneNote, Outlook, PowerPoint and Skype.

“We’re pleased that we have been able to enhance the already strong partnership that exists between Microsoft and Acer. Mutually beneficial and collaborative agreements such as this one promote innovation and lead to better products and experiences for consumers,” expressed by Nick Psyhogeos, president of Microsoft Technology Licensing.

Acer joins the arrangement

As Microsoft makes another move on its recent announcement, Acer joined the list of the Android hardware partners of the Redmond, Washington based company.

“We’re excited to partner with Microsoft to provide enhanced mobile productivity to our products. By integrating the Microsoft software suite, Acer customers will enjoy productivity on-the-go along with the familiar computing experience on their smartphones and tablets,” said by the president of Acer Smart Products Business Group.

Microsoft explained that the arrangement is a cornerstone of their broad services strategy which is to bring an array of Microsoft services to every person on every device.

“Our strategic agreements with these partners, in which IP alignment is an important feature, demonstrate how Microsoft is leveraging the scale of the hardware ecosystem, and working with partners in new ways to deliver rich experiences to our customers,” Parker Said.

Acer will start to pre-installing Microsoft services and applications on its portfolio of Android smartphones and tablets as it honor the global partnership with Microsoft in the second half of 2016.

Acer has been involved with  research, development, design, manufacture and distribution of personal computers and notebook computers. It also distributes its products within the domestic market and to overseas, including Europe, America and the rest of Asia.

Other Partnerships.

Microsoft has acquired Zikera’s Groove music application based on a report released on Wednesday and later confirmed by Zikera.

Zikera informed the public that Groove is no  longer available for download, but current users may continue to use the app. We are thrilled to announce that Groove has been acquired by Microsoft!, “ the music service provider said.

However, Microsoft has remained tamed about the matter. The spokesperson of the company confirmed the news but stated that they have nothing more to share.The recent acquisition of Microsoft is seen as another strategy to boost its mobile offerings.Microsoft has completed the transaction with Swiftkey as well last week.

Meanwhile, Microsoft has also tied up with Xero to provide Cloud Accounting Services Integration. The multi-tech company wants its users to use Xero as a channel for its very own huge data solutions which is offered through the company’s Power Business Intelligence.

Through the intervention of Xero, small businesses will attain support in visualizing and processing more information which includes basic metrics.

Microsoft currently has 392.1 billion and a dividend yield of 2.90 percent. The stock traded higher by 0.87 percent to $49.71 in the session earlier. It has a price earnings ratio of 35.4, while the recorded session low is at $49.52 and a session high of $50.39.

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CISCO pushes collaborations for 2016

Cisco Systems seemed on the set to expand its influence in the tech market as rumors spread on its latest hyper-converged appliance.

Sources claimed that Cisco was planning to converge its UCS servers with the technology acquired from an Original Equipment Manufacturing (OEM)agreement with Springpath.

Last month, a longtime Cisco partner revealed that Cisco needs a good non-hardware-specific hyper-converged infrastructure offering, and Springmath is a good one.

“Springpath is pretty new, but customers like [the technology]. They also have good differentiation against the other me-too software-only hyper-converged infrastructure offerings, ” the partner added.

Further to this, the unnamed partner expressed the excitement over the team up with the Springpath. He was looking forward to how this (team up) would be compared  to Nutanix or [VMware] EVO:RAIL from a  pricing and performance standpoint, as well as ease of management.

However, at the moment, both companies remain silent on the issue.

Cisco’s Spark service

At the yearly Cisco Collaboration Summit this January in San Francisco, the company announced its plan to explore on collaboration.

Chuck Robbins, Cisco CEO, claimed that there was no better way to drive productivity than through collaboration.

Furthermore, Rowan Trollope, Senior Vice President and General Manager, IoT and Collaboration Technology Group at Cisco, explained that the experience when attempting to use unified communications, video conferencing, and web conferencing together was far from magical and certainly wasn’t  simple because the three technologies were not designed to work together.

The tech company pushed its claim for a unified experience through Cisco Spark Hybrid Services. Under the Cisco Spark Hybrid Services, a meeting  is automatically created in a Spark room shared by call participants sharing contents. With the help of the calendar invitations and adding “@spark” in the location line, meetings can be easily set up.

According to Trollope, Spark partners will set the pricing of the service and will be the ones to sell  it.

Cisco’s Recent Figures

The tech company expects for an earnings per share of 5.63 percent in 2016. In the previous year, Cisco System made a 5.60 percent earnings  per share growth.

Presently, the stock has $1.87 earnings  per share and return of assets of 8.80 percent.Its current market capitalization is $134.06 billion and the return on equity is around 16.20 percent and a 0.41 debt to equity.

On its last quarterly earnings in 2015, the firm earned $12.68 billion and its revenue went up 3.6 percent.

Cisco has obtained an average price objective of $32.50 and an average rating of Buy. The stock received Buy ratings from twenty-three equity research analysts. Further to this, one analyst rated the stock with a strong Buy rating, four of them gave a Sell rating and eight issued a Hold rating for the tech company.

Moreover, the business has 50-day moving average price of $27.09 and 200-day moving average of $27.35.

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Google Files New Product like Google Glass

Google Inc. has filed a new product with the Federal Communications Commission (FCC) that is likely to be the next version of Google Glass. Though many customers were disappointed when Google stopped selling Google Glass, the new unnamed product could make up for it. However, the mysterious filing has not been categorized as wearable tech or smartphone.

The device has been labeled “BLUETOOTH& DTS/UNII a/b/g/n/ac” and named model GG1. The name GG1 stipulates that Google is set to develop something like Google Glass or the headwear itself. Google’s site clearly mentions that the journey doesn’t end here.

The name GG1 could also be a misnomer, for taking people’s attention from what Google is actually submitting to the FCC. Nevertheless, the filing reveals that the device supports Wi-Fi up to 802.11 ac along with Bluetooth LE. The device uses a cable for data transfer and charging when connected to a PC or a laptop, and non-removable batteries.

According to the FCC label, the device isn’t going to be a standard physical label, but Google will use e-label that will be visible in the device’s settings menu that can be accessed through scrolling left or right. After the filing in FCC, Google is expected to publicly examine the device when internal prototyping is completed.

The photos of internal and external GG1 device will be kept confidential until December, which means Google will announce the details about the device this year. According to HIS, Google Glass costs $1,500 while it actually only cost $152.47 for Google to make the product.

Surely, Google will release news that would serve as a teaser for their upcoming unnamed product. TradingBanks.com will keep an eye for more news about the said GG1 and serve you the fresh updates, because TradingBanks reviews, analyzes, and delivers!

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IBM’s New Center in France to Support Big Data Developers

International Business Machines has revealed a new center in Montpellier, France, which will provide technical support for developers who work to make applications for big data and high performance computing (HPC).

IBM joined forces with Mellanox and Nvidia to set up the POWER Acceleration and Design Center, through the OpenPower Foundation co-founded by the three companies.

Located at the IBM Client Center in Montepellier is the new center that will accommodate technical experts who will provide suggestions to software developers on how to develop new applications using Mellanox InfiniBand networking offering, Nvidia Tesla Accelerated Computing Platform and IBM’s Power architecture.

The partnership between the three companies will produce opportunities for software designers to obtain advanced HPC skills and lead the development of new technologies.

IBM’s vice president of HPC Market Engagement Dave Turek said that, “Our launch of this new Center reinforces IBM’s commitment to open-source collaboration and is a next step in expanding the software and solution ecosystem around OpenPOWER.”

He also added that, “Teaming with Nvidia and Mellanox, the Center will allow us to leverage the strengths of each of our companies to extend innovation and bring higher value to our customers around the world.”

Mellanox Technologies vice president of marketing Gilad Shainer stated that, “The new POWER Accelaration and Design Center will help scientists and engineers address the grand challenges facing society in the fields of energy and environment, information and health care using the most advances HPC architectures and technologies.”

OpenPOWER Foundation was created last December 2013. Its purpose is to create an open ecosystem using the POWER architecture to contribute investment, expertise, and server-class intellectual property for industry requirements.

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Google Self-driving Automobiles Hit Public Roads

Google news update! Yesterday, Google said that its self-driving protocol cars have been out on the streets of Silicon Valley, city of Mountain View where it is headquartered.

The move comes after Google’s internal testing of the bubble-shaped automobile over the past year and more widespread experience with technology adapted for existing cars.

Google released a statement saying, “We want to understand what it really means to have self-driving vehicles in the world — both how people in the community perceive and interact with them, and what the practical realities are for us in operating and maintaining them.”

Prototype cars that are used without human drivers joined Google’s fleet of Lexus vehicles. These vehicles were improved with sensors and other computing gadgetry to manage self-directing cars on roads.

“We’ve had 20-plus Lexus vehicles driving on Mountain View city streets for the last few years, but the arrival of our new self-driving vehicle prototypes marks the start of a new phase of our project,” Google added.

The Google car also uses the same technology with Lexus SUVs which has logged some 1.6 million kilometers. According to the head of the project, “during this next phase of our project we’ll have safety drivers aboard with a removable steering wheel, accelerator pedal, and brake pedal that allow them to take over driving if needed.”

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Microsoft Office, Now Free on Android Phones!

After weeks in preview mode, the most popular office suite, Microsoft Office is now free and available on Android smartphones. Microsoft has finally released the apps in public, through a public beta test involving 83 countries and 1,900 different Android phone models.

Similar to the tablet edition, the phone version of Excel, Word and PowerPoint will not cost you a single penny. These apps allow you to view and edit your documents anytime and anywhere, which cause them to be in demand due to the convenience that they bring.

The apps also have a cloud focus and provide support not only for OneDrive, but also for Dropbox, Box, and Google Drive. Microsoft stated that the company is making changes based on the feedbacks received throughout the preview period.

Despite being offered for free, the Microsoft Applications do not work on every Android device, especially on models with tight memory. However, a mass number of Android consumers can download the Excel, Word and PowerPoint Applications for free on Google Play Store.

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