Tech

Apple’s new iPhones, watches are coming at a tough time for consumers

Published

2 years ago

Farwa

Apple expected to unveil new range of iPhone 14 models, Watches.
“Apple is not immune to economic weakness,” says analyst.
Fan base has shown willingness to keep spending despite high inflation.

Apple on Wednesday is expected to unveil a new range of iPhone 14 models and Apple Watches that will test how willing consumers are to upgrade gadgets in the face of inflation and economic gloom.

Analysts expect Apple to announce that the latest iPhones can send emergency messages using satellites at the event titled “Far Out” at its Cupertino, California, headquarters. Beyond that, analysts expect a family of iPhone 14 models with incremental upgrades — slightly better cameras, processor chips and, critically for Apple’s bottom line, prices $100 or higher than last year’s models.

To be sure, the world’s most valuable listed company will also likely keep some older or less advanced models at lower prices, and to date, Apple’s relatively affluent fan base has shown more willingness to keep spending despite high inflation. But the new models will be Apple’s sales anchor during holiday shopping seasons in Western markets during a turbulent period. “Apple is not immune to economic weakness,” Bernstein analyst Toni Sacconaghi wrote in a note to clients.

This year’s iPhones may have the ability to send emergency messages through a satellite internet connection when WiFi and mobile networks are not available. The messaging functions would likely be rudimentary, and other companies are working on similar functions. SpaceX founder Elon Musk said last month T-Mobile will use its satellites to connect phones directly to the internet.

Bob O’Donnell of TECHnalysis Research said that the peace of mind from being able to send emergency messages could spur Apple users to upgrade their phones for the satellite feature.

“Even though it’s not something you do every day, it’ll change your perspective on what you do with your phone,” he said.

Analysts also expect Apple to show a new range of Apple Watches, including an upgraded budget model called the SE and a Series 8 Watch. They also expect a new high-end watch called the Apple Watch Pro that will likely include new features for athletes, taking aim at rivals such as Garmin Ltd.

But while accessories like the Apple Watch have driven incremental sales from Apple’s existing user base, the iPhone remains the bedrock of its business with 52.4% of sales in its most recent fiscal year. Investors have been watching for Apple’s next major product category since the Apple Watch launched in 2015.

Some analysts believe Apple might give a preview of that future by showing a mixed-reality headset on Wednesday. The device is expected to have cameras that pass-through view of the outside world to the wearer while overlaying digital objects on the physical world. Analysts do not expect the device to go on sale until next year at the earliest.

An early preview would be rare for Apple, which keeps its product plans secret until just before devices hit the market. A rival headset called Project Cambria is in the works from Meta Platforms, which is spending billions of dollars on the project.

But in order to have compelling apps for a new headset, Apple might need to give developers time to become familiar with it. “Developing for a new and radically different type of platform is going to take people a lot longer,” O’Donnell said.

Latest News

Punjab will provide fifty thousand solar kits.

Published

1 month ago

Farwa

On Tuesday,Tuesday, while presiding over a review meeting on solar household solutions, the CM gave the order to begin the installation of one kilowatt solar systems right away. She also gave the order to introduce the newest solar systems.

Phase-I solar systems would be balloted for by 50,000 protected users who use 100 units each month, at a cost of Rs 12.6 billion.

Home-based solar systems will eventually be made available to other Punjabi consumers. A solar system will consist of a battery, inverter, sophisticated solar plate, and more related accessories.

Attending the meeting were Provincial Information Minister Azma Zahid Bukhari, MPA Sania Ashiq, Former Senator Pervaiz Rashid, Chief Secretary, Chairman Planning and Development, Secretaries of Energy, Finance, and Punjab Power Development Board (PPDB) Managing Director, in addition to other pertinent officers.

During his inaugural speech as Punjab’s chief minister, Maryam Nawaz outlined her five-year plan and promised to develop a strategy for customers who use fewer than 300 units of power.

According to Maryam Nawaz, the PML-N’s main goals for her term will be to provide jobs, healthcare, and education.

She said, “I am working on a plan to provide solar panels to consumers using up to 300 units of electricity or less in installments.”

Pakistan

There will be free WiFi in public parks.

Published

1 month ago

Farwa

The discussion on the province’s capital city’s beautification was chaired by Chief Minister Ali Amin Gandapur.

CM Gandapur gave the pertinent authorities instructions at the meeting to complete the arrangements and submit the free WiFi service plan for the province government’s approval.

In the following phase, he said, the service will be extended to more cities. In addition, the chief minister gave the Peshawar Development Authority instructions to create a beatification plan for the city.

The meeting voted to launch a Bus Rapid Transit (BRT) service on Nasir Bagh Road in the province capital with the goal of facilitating the easy mobility of the population.

CM Gandapur pushed for the installation of underpasses rather than overhead bridges and ordered the city’s street lights to be converted to solar power.

The chief minister gave the order to begin work on the road around the BRT Corridor at University Road as well as the building of the remaining section of Warsak-Nasir Bagh Road right away.

In order to promote KP’s culture, he also oversaw the installation of fake plants on all road walks and painted headbridges and walls with designs.

The chief minister of KP gave the order to approach business organizations for assistance in this respect.

Pakistan

FM Ishaq Dar praises IAEA for using nuclear technology in a “peaceful” manner

Published

1 month ago

Farwa

During a meeting with IAEA Director General (DG) Rafael Mariano Grossi outside the Nuclear Energy Summit in Brussels, Pakistan, a founding member of the Agency, stressed the importance of the Agency’s work.

He stated that Pakistan placed a high value on the Agency’s efforts as a founding member.

The foreign minister also emphasized Pakistan’s goal to increase the proportion of nuclear energy in the country’s energy mix and the significance of nuclear energy in the fight against climate change.

Ishaq Dar went on to stress the importance of the Agency’s technical cooperation initiatives, to which Pakistan makes a major contribution as well.

According to the foreign minister, banks and other international financial institutions should support nuclear energy projects in developing nations so that those countries may meet their energy needs and meet their zero emissions commitments.

He requested that the IAEA continue raising global understanding of the benefits of nuclear energy as a clean energy source.

The director general of the IAEA commended Pakistan for its cooperation. Rafael Mariano Grossi continued by saying that Pakistan is essential in helping emerging nations by sharing knowledge and experience.

He acknowledged that there was a problem with financing nuclear projects and promised to work with international financial institutions to find a solution as quickly as possible.

The director general of the IAEA reflected fondly on his visit to Pakistan earlier in the year, when he inspected the country’s facilities and witnessed firsthand its progress in the peaceful applications of nuclear technology.