Tepid reaction for Apple's new iPhones in China amid tough competition

“Dickinson” title screen on Apple TV

“Dickinson” title screen on Apple TV

Apple's planning to add more shows and films each month, and says certain shows kicking off its Apple TV+ service will premiere with three episodes and release a new one each week, while other series will be made available all at once. Apple is expected to introduce upgrades for its current high-end iPhones, the XS and XS Max, and a new version of its lower-priced smartphone. Apple, with a market cap of $967.87 billion, was trading around $214 per share during late afternoon trading on Tuesday.

Apple's promised streaming television service - dubbed TV+ - will launch internationally on November 1.

The price for the video service is almost half of what many analysts had predicted and well below competing offerings from Netflix and Amazon Prime.

Counterpoint analyst Neil Shah said the entry price, while lowered by Apple, remains high compared to local rivals. And more competition is coming, with Disney and WarnerMedia offering their services later this year or next. Pricing starts at $999 and $1,099 for the iPhone 11 Pro and Pro Max, respectively. A new video-game streaming service, Apple Arcade, will also cost $5.99 a month in Canada.

The newly announced iPhone 11 comes in six colors and boasts two cameras and longer battery life. But it has been years since the company has had a major hit with a new device, as it did with the iPhone in 2007.

In addition to the iPhone 11, Apple announced the iPhone 11 Pro, which is being touted as "the most advanced and detailed iPhone yet", with a three-lens "pro" camera system, more energy efficiency and spatial audio sound.

Yesterday, Apple launched the brand new iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max at an event held in the company's Steve Jobs Theatre in Cupertino, California, and we now have the India pricing for these iPhones.

Other products are getting only minor updates, such as an iPad with a larger screen.

Apple Watch Series 5 had a starting price of USD399 and was set to be available starting September 20. Tuesday's event revealed more details about those services, including Apple Arcade, a subscription service announced in March 2019 that will provide access to exclusive mobile games. Apple also dropped the price of last year's equivalent model iPhone XR by $150.

As device sales have fallen in recent years, Apple has placed more of an emphasis on new services such as Apple TV+, the company's answer to streaming platforms such as Netflix and Hulu.

Earlier in the week some observers had predicted Apple could get a significant bump in sales this year from its slate of new iPhones, given that numerous company's roughly 900 million existing iPhone users are primed for an upgrade, with phones that are, on average, five years old. Combined with the lack of 5G, that made the new iPhones "less attractive and future-proof" for Chinese consumers, Shah said, forecasting that Apple will sell 30-35 million iPhones in China this year, down from 63 million phones in 2015.

Notícias recomendadas

  • Three Australian citizens arrested and detained in Iran

    Three Australian citizens arrested and detained in Iran

    A female Australian-British blogger and her male Australian boyfriend were arrested while travelling through Iran 10 weeks ago. The Times reports one of the women is an academic who studied at Cambridge University and was a lecturer in Australia.
    Apple's new streaming service targets Netflix, Amazon Prime

    Apple's new streaming service targets Netflix, Amazon Prime

    A "must-have" Apple Pencil integrated to work with the iPad touch screen can be used as a controller for creation or productivity. Along with the iPhone Pro and and Pro Max, Apple just officially announced a more budget-friendly 2019 device - the iPhone 11 .
    Ashes 2019: Aussie coach Justin Langer denies Steve Smith mocked Jack Leach

    Ashes 2019: Aussie coach Justin Langer denies Steve Smith mocked Jack Leach

    However, Langer said he was not anxious about the opening batsman's form. Chris Rogers is a great mate of the squad, that's what it was about".
  • 4 in hiring sentiment, shows study

    4 in hiring sentiment, shows study

    The margin of error for all national, regional and global data is not greater than plus or minus 3.9 percent. Sector-wise comparisons Employers anticipate payroll gains in all seven industry sectors during the Q4 2019.
    Ashton Kutcher blames Adele for his mustache

    Ashton Kutcher blames Adele for his mustache

    Kutcher and his wife, Mila Kunis , are pals with the Hello hitmaker and were invited to celebrate her 31st birthday back in May. But Kutcher braved the lights, only to see his toe pointing the opposite way it's supposed to.
    Person dies from EEE in Rhode Island, officials say

    Person dies from EEE in Rhode Island, officials say

    It was first detected in MA in 1831 and typically affects about an equal number of horses and humans every year: about five to 10. Rhode Island health officials say they are now spraying mosquito treatments in four areas deemed to be at critical risk for EEE.
  • Liverpool manager Klopp: titles have never been my motivation

    Liverpool manager Klopp: titles have never been my motivation

    At the same time the 52-year-old said winning the English Premier League title was a goal for this season after almost ending Liverpool's three-decade championship drought last term.
    Apple Watch Series 5 Gets Always-On Display, Built-In Compass

    Apple Watch Series 5 Gets Always-On Display, Built-In Compass

    Apple also said it would be dropping the price of its Series 3 watches to $199 and $299 for GPS and GPS+Cellular respectively. The existing emergency calling feature is going global too, and will be supported in 150 countries for extra peace of mind.
    European shares inch up on solid German information, stimulation hopes

    European shares inch up on solid German information, stimulation hopes

    The climb in yields also weighed on the real estate sector .SPLRCR , which suffered its biggest percentage drop in almost a month. And climbing bond yields helped lift European banking stocks 1.8%, making financials the best performing sector on the continent.
  • Apple to unveil latest iPhone

    Apple to unveil latest iPhone

    Apple TV+'s low price point is obviously meant to compete with Disney +, which will cost $6.99 per month and launches November 12. Pre-orders for the phone will kick off at 8pm on September 13, with the phone available a week later on September 20.
    Anthony Davis Reveals One Of His Biggest Goals For This Season

    Anthony Davis Reveals One Of His Biggest Goals For This Season

    To me, there are more teams that seem to have a reasonable chance to win it all. "I want to make sure me and LeBron are on the All-Defensive Team.
    Porsche 911 Carrera 4 Arrives As The Four-Season Sports Car

    Porsche 911 Carrera 4 Arrives As The Four-Season Sports Car

    The clutch and differential unit is now water-cooled and has reinforced clutches to increase durability and load capacity. Another performance option is the Porsche Torque Vectoring system that's standard on the Carrera S and 4S models.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.