The past week proved eventful in the realm of technology, particularly for Apple Inc. From the unexpected allure of older iPhone models to substantial price reductions on the iPhone 15 in China, the tech giant dominated tech headlines. Take a closer look at the key developments that took place.
Android Users Prefer Classic iPhones Over Latest Tech
According to a recent analysis by Consumer Intelligence Research Partners (CIRP), it seems that a notable portion of Android users transitioning to iPhones are gravitating towards older iPhone models. These switchers, comprising 10-15% of all iPhone purchasers, appear to prioritize value over cutting-edge technology.
Fun Fact: Did you know that Steve Jobs’ original idea for the iPhone was inspired by Samsung’s flip phone design? Imagine a world where iPhones flipped open!
Chinese Bargains: iPhone 15 Series Sees Major Price Reductions
Resellers in China are offering significant discounts on Apple’s iPhone 15 series, indicating a sustained decrease in demand. Discounts of up to 1,300 yuan ($180) below the original price are available on Alibaba Group Holding Ltd.’s Tmall platform, marking a more pronounced drop compared to last year. Similar discounts can also be found on JD.com Inc.’s platform.
Looking Ahead: Gene Munster’s Growth Proposal for Apple
Gene Munster, from Deepwater Asset Management, has suggested that Apple should contemplate the acquisition of Rivian Automotive to offset the void left by the shelving of the Apple Car initiative. Munster argues that as a tech entity, Apple must chart a course for growth by venturing into significant markets.
Apple’s Stance on AI Transparency
During Apple’s annual shareholder meeting, the board discouraged voting for a shareholder resolution urging for transparency in artificial intelligence usage. This advice extended to five other shareholder proposals covering various topics such as AI transparency, gender pay equality, privacy, and human rights.
Food for Thought: As we dive deeper into tech developments, let’s ponder on how surveillance impacts our smartphone experience. Is it really draining our batteries?
Credit: Photo by Shutterstock
Crafted by Benzinga Neuro, Curated by Rounak Jain
The Benzinga Neuro content generation system, powered by GPT-4, leverages the diverse Benzinga Ecosystem, including native data and APIs, to deliver dynamic and prompt narratives. Get enlightened today.
