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New Apple iPhone 11 ads show off Slofies on a snowboard

 

Apple premiered two new iPhone 11 ads on Sunday, showing off the Slofie feature in the hands of a pro snowboarder.

iPhone 11 capturing a Slofie on a snowboard

iPhone 11 capturing a Slofie on a snowboard

Slow motion Selfies, or Slofies, are one of Apple’s newest features on the iPhone 11 and iPhone 11 Pro. Capable of capturing slow motion video at 1080p and 120fps, the iPhone can help you get a bit more creative with your selfies.

The first spot is called “Whiteout” and shows a professional snowboarder crashing through a snow drift using the front facing camera’s slow-mode feature.

The second video “Backflip” is the same snowboarder performing a backflip in slow motion.

Apple coined the term “Slofie” and has since used it in all of its marketing. While you might not find yourself on a snowboard or at the other end of a hairdryer, Slofies are a fun, if not silly, capability of the new iPhones.

If you want to try your hand at making Slofies, check out AppleInsider’s iPhone 11 Price Guide to find the best deal.

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FBI reportedly accessed locked iPhone 11 Pro Max with GrayKey third party tool

The FBI recently cracked the encryption of Apple’s latest and greatest iPhone 11 Pro Max, a report said Wednesday, prompting questions as to why the agency is demanding the company assist in accessing two older iPhone models as part of a high-profile case.

GrayKey

GrayKey device. | Source: MalwareBytes

In 2019, FBI investigators working on a case in Ohio were tasked with executing a search warrant on property owned by Baris Ali Koch, reports Forbes. Among the items seized was a locked iPhone 11 Pro Max that, according to the report, investigators subsequently accessed without Apple’s help.

Koch stands accused of misprision of a felony for helping his convicted brother flee the U.S. by providing a duplicate driver’s license and lying to federal agents. He is currently awaiting sentencing.

As part of the investigation into Koch, FBI personnel on Oct. 11, 2019, acquired the suspect’s iPhone 11 Pro Max which, according to Koch’s lawyer, Ameer Mabjish, was locked and protected by a passcode. Mabjish confirmed to Forbes that no passcode was furnished to authorities, nor was Koch forced to unlock the iPhone via Face ID authentication.

Interestingly, a search warrant filed on Oct. 30 reveals the FBI has in its possession a USB drive containing “GrayKey derived forensic analysis” of the iPhone in question. Produced by startup Grayshift, GrayKey is a data forensics tool that enables law enforcement agencies to thwart iPhone security protocols for purposes of data extraction.

While not specified in the Oct. 30 search warrant, the report suggests the FBI successfully deployed GrayKey to gain access to Koch’s iPhone 11 Pro Max.

If officials were indeed able to crack Apple’s latest iPhone security safeguards, it is possible that the FBI and other agencies have a means to access the much older iPhone 5 and iPhone 7 Plus handsets involved in more recent case.

Last week, the FBI asked Apple for assistance in “unlocking” two iPhones owned by Mohammed Saeed Alshamrani, a Saudi Air Force cadet accused of killing three sailors and injuring eight others in an attack at the Naval Air Station in Pensacola, Fla., in December. The situation escalated quickly, with Attorney General Bill Barr putting out a public plea for Apple’s compliance on Monday, while President Donald Trump slammed the company for its stance on strong device encryption a day later.

The Department of Justice claims it has exhausted all internal and external options, meaning Apple’s expertise is the only path forward. Officials refuse to enumerate exactly what methods were attempted.

While Apple has cooperated with FBI requests by handing over user data like iCloud backups and account information, it has declined to extract data from Alshamrani’s iPhone as doing so would necessitate the creation of a backdoor. The tech giant is staunchly opposed to such action as it would purportedly threaten the security of all iPhone users.

Pundits speculate Trump, Barr and the DOJ are using the Pensacola case to rope Apple into a precedent-setting legal fight over encryption. Apple faced a similar court battle in 2016 when it refused to unlock an iPhone 5c used by the San Bernardino shooter. In that case the DOJ threatened a showdown but pulled out at the eleventh hour after finding a third party contractor capable of extracting data from the device.

That said, the DOJ might be telling the truth. Apple could have identified and patched the vulnerabilities GrayKey leveraged to break iPhone 11 Pro Max encryption in the intervening months since Koch’s iPhone was seized. Alternatively, GrayKey could be in possession of an exploit that applies only to newer model handsets, though such a scenario is unlikely given Apple’s encryption architecture.

In any case, Apple is reportedly preparing for a legal scrum as it simultaneously works to keep the issue out of court.

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Apple marks Chinese New Year with ‘Shot on iPhone’ film ‘Daughter’

 

Apple has marked the Chinese New Year with its latest “Shot on iPhone” video, a short film recorded on the iPhone 11 Pro featuring three generations of Chinese women gathering together for the annual event.

The eight-minute video titled “Chinese New Year – Daughter” start off with a mother being troubled by criticism that she took her daughter to work as a taxi driver. Throughout the film, scenes switch between older conversations and the present day, showing other conversations in the mother’s life.

Towards the end of the film, a family reunion of the three generations takes place in the back of the taxi. It is then revealed to the child the older lady is her grandmother, who made dumplings each year while searching for her lost family.

The film is directed by Theodore Melfi, who directed the Best Picture Oscar-nominated “Hidden Figures.” Cinematography is by Lawrence Sher, who filled the role for “Joker,” identified as a “2020 Golden Globe Awards nominated film.” Star Zhou Xun is also given a promotional introduction in the opening credits, described as “China’s leading actress.”

A companion making-of video shows how the film was captured on an iPhone 11 Pro. While sometimes extra equipment is used to mount the iPhone and to move it around, as with other Shot on iPhone video productions, some scenes are filmed using just the iPhone without any additional hardware.

Praise is given to the iPhone by Sher for its ability to handle low light, its stabilization capabilities, and the triple camera setup on the back of the device.

The impressive production for the film is similar to that of the Shot on iPhone video for the 2019 Chinese New Year, which was created on the iPhone XS by director and screenwriter Jia Zhangke.

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August 2019: Apple Card arrives, Siri listeners, trade wars escalate

In August, 2019, the Apple Card was officially launched. At the same time, the company had to re-evaluate having people listen to Siri recordings, and the US/China trade tensions got complicated.

August 2019: FileMaker revives the old Claris name (left); Apple Card launches (center) and Siri is listening to you (right)

August 2019: FileMaker revives the old Claris name (left); Apple Card launches (center)l and Siri is listening to you (right)

Given that across the whole of 2019, Apple launched at least as many major hardware updates as ever, still this year feels like it’s when the company pivoted to services. By August, we had Apple News+ and we knew we were getting both Apple TV+ and Apple Arcade. But it was this month’s launch of the Apple Card that may end up being the most significant.

Apple Card

Around six months after it was first unveiled, and following series of internal testing, Apple Card finally opened to applications in August 2019.

Initially available only by invitation —which didn’t go flawlessly —Apple Card was formally opened to all eligible applicants on August 20.

It’s conceivable that Apple Card is the company’s fastest success. Shortly before its release, a survey reported that consumer interest was “remarkably high,” for instance.

Apple Card is finally here.

Apple Card is finally here.

It appeared that Goldman Sachs, the issuing bank, was expecting big things because it was putting its money where its mouth is. Reportedly it was spending $350 for every Apple Card signup, although, separately, it was suggested that it may also be accepting “subprime” applicants.

It’s a credit card, so you do need to know what you’re getting into with it, but there were two more signs of success.

First, Tim Cook was pressed into saying that yes, yes, okay, we’ll be bringing Apple Card to more countries, enough already. And, second, the earliest users were finding that the physical card shows wear.

They may just have repeatedly been taking it out of wallets and purses to show off, mind. Admit it —you’d do the same. It’s the credit card that clangs when you drop it on the table.

Speaking of clangers

Samsung unveiled the Galaxy Note 10 but left something out. A headphone jack. After mercilessly mocking Apple for removing the jack, Samsung had done precisely the same.

But there was a difference. In the hope that nobody would notice, Samsung also removed something else —the company took down its anti-Apple video ad on the subject.

It just didn’t do it very well. Search YouTube for it, and it’s true, the US ad is gone. But the Portuguese Samsung account still has it, and it’s in English.

Meanwhile, at the Samsung Unpacked, Microsoft CEO Satya Nadella talked up the partnership between the two companies. And Microsoft, semi-accidentally, released a new build of the Microsoft Edge browser for Mac.

It wasn’t accidental. It’s not as if Microsoft didn’t know it was doing it. Microsoft Edge uses the engine from Google Chrome and since that’s on Mac, so is Edge.

Whatever the reason we’ve got it, and whatever we can expect Microsoft to support in the future, this latest build introduced a key feature called Collections. It was still a beta and a little flaky, but it added facilities for researchers to gather their work.

Complicated

That Collections research feature is for managing information you collect online and if you wanted to test it on anything, the White House was busy giving you lots and lots of data to track and update and stay on top of.

For all the months in which the US and China have had their current trade dispute, it seemed as if August 2019 was the most complicated.

Starting right on August 1, President Trump threatened a 10% tariff on electronics, which was to begin a month later. He later suggested he was open to discussions with China, but in the meantime had dinner with Tim Cook to discuss it.

Did Steve Jobs and Steve Wozniak ever imagine Apple having to lobby the government?

Did Steve Jobs and Steve Wozniak ever imagine Apple having to lobby the government?

After that, the president praised Cook’s communication skills, and said that he’d made a good case for Apple being excused the tariffs.

We’ll never know the full details, but some time after Cook’s dinner, the White House did make some changes.

“Certain products are being removed from the tariff list based on health, safety, national security and other factors and will not face additional tariffs of 10 percent,” reported the United States Trade Representative in a statement on August 13.

However, by August 23, things were changing again.

“Our country has lost, stupidly, Trillions of Dollars with China over many years,” tweeted the President. “We don’t need China and, frankly, would be far better off without them. The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP.”

Consequently, throughout August, Apple’s share value was, well, interesting to say the least, and the company was being studied to see what it could and would do. Apple was predicted to absorb any potential tariff prices increases rather than pass them on to the consumer, for instance.

Then Apple was seen to have many options to reduce the impact of any tariffs, including exploiting a perceived lowering of production costs on the iPhone.

For us

The direct upshot, for us, of all the political impact on Apple, could be that iPhones became more expensive. Yet that’s only an issue if you’re planning to buy one, and there was reason to suspect that 2019’s iPhones weren’t going to be all that great. Not when it’s 2020’s models that are going to get 5G.

Financial company Nomura Instinet figured would happen, with it saying the 2019 iPhones would fare poorly. It also, for thoroughness, said everyone else is wrong about the demand for 2020’s 5G iPhones.

Apparently just because you and we really want 5G, that doesn't mean anyone else does.

Apparently just because you and we really want 5G, that doesn’t mean anyone else does.

Apple itself didn’t appear to be expecting a barn-burner with the iPhone 11, reportedly sticking to predictions of selling about the same as last year.

Whatever the predicted sales volumes, though, Apple was now reportedly looking to include the word “Pro” in certain iPhone models. It’s just a name, but it caused a lot of fuss.

But while we’re on the subject of future iPhones, reports of the 2019 range’s demise did not stop any predictions about the next few years of the product. We saw solid reports that the notch could vanish, for instance, and that Touch ID could return in 2021.

Other hardware

It’s not just the iPhone that could get 5G, either. You wouldn’t be surprised to see it in a future iPad Pro, but sources were saying now that we may even get a 5G MacBook Pro in 2020.

The FAA was thinking about MacBook Pro machines this month too. It decided to prohibit the carrying of specific models on flights, the 15-inch ones from September 2015 to February 2017 that were the subject of Apple’s voluntary recall over battery issues.

Software

While we looked forward to what was coming next, both with new hardware and the forthcoming releases of iOS 13 and macOS Catalina, FileMaker Inc was also looking to the past. It looked so far back in its own timeline that it stopped being called FileMaker Inc. In a nod to Apple history —though possibly not a very thorough nod —the company rebranded itself as Claris.

And then it seemed that everybody, just everybody, was looking at Siri.

Amazon, Google and Apple’s voice assistants have long been recording our requests of them and getting human beings to listen later to see how it worked. Not everything is recorded, not everything is listened to, and all of it is anonymized, but people were getting to hear what Siri heard and sent for analysis.

In truth, maybe Apple could have shouted about this more, but it had always told us it would do this. Nonetheless, a self-styled whistleblower contacted the press about how Siri is listening to us.

This followed previous reports saying the same for Google Assistant and Amazon Alexa.

But if they were all at it, at least Apple reacted the most promptly. It said it would suspend the program while investigating and we all thought yeah, sure, of course you will.

It did. Apple suspended that program and it investigated. It didn’t just open some investigation and wait for us to forget about it, either, it released its findings. Before the end of the month, Apple changed how it worked the program and what it would tell us about.

But speaking of telling us things, Apple rounded out the month by doing its usual cryptic message.

By Innovation Only

We knew that there would be new iPhones announced in September, we knew there might not be much to them, but we didn’t know the date. Until now.

Apple revealed that September 10 was the day the new phones would be announced —and it called this year’s event “By Innovation Only.”

Whether that was to tell naysayers that this year’s phones would be good, or it was to fool us into thinking they might be, we’d soon find out.

Keep up with AppleInsider by downloading the AppleInsider app for iOS, and follow us on YouTube, Twitter @appleinsider and Facebook for live, late-breaking coverage. You can also check out our official Instagram account for exclusive photos.

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FCC retest vindicates Apple on iPhone RF exposure claims

 

The iPhone complies with U.S. standards for RF exposure, the FCC has confirmed after performing a battery of tests on the smartphone. Regulators promised to evaluate Apple’s handset following an August report by the Chicago Tribune claiming that the model breaches consumer safety rules.

A cellphone tower collection.

A cellphone tower collection.

In August, it was claimed by independent testing conducted by the Chicago Tribune that there was an issue with the iPhone 7 and iPhone 8, with regards to radio frequency broadcasts. Performed by the RF Exposure Lab, the tests showed iPhone 7 exceeded the amount of exposure the FCC permits devices to expose to a user, by a considerable margin.

The retest, conducted by the FCC, included a mix of devices supplied by Apple and Samsung, as well as others purchased by the FCC. Testing was performed between Aug. 30 and Sept. 23.

All of the devices tested at the FCC’s own lab — not a contractor — were under the maximum legal limit of 1.6 watts per kilogram or less, over 1 gram of tissue that is absorbing the most signal. The legal limit is derived from a safe limit, which is about 50 times higher.

Test results, via the FCC

Test results, via the FCC

The previous testing commissioned by the newspaper measured levels between 2.5 watts per kilogram and 2.81 watts per kilogram, far above the legal limit for exposure.

At the time of the original test, Apple took issue with the results and in a statement said the results “were inaccurate due to the test setup not being in accordance with procedures necessary to properly assess the iPhone models.” Apple added that “all models are fully certified by the FCC and counterparts in other countries where iPhones are sold, with Apple further proclaiming “we are in compliance and meet all applicable exposure guidelines and limits.”

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Twelve South sale on Amazon knocks up to 69% off AirPods, Apple Watch, Mac & iPhone accessories

 

Amazon is running a holiday sale on Twelve South accessories for Apple products, with bonus savings on a variety of cases, chargers and stands for Apple AirPods, iPhones, iPads, MacBooks, iMacs and Apple Watches.

Twelve South Apple accessory sale on Amazon

Save money on stocking stuffers

Amazon, as part of its 12 Days of Deals holiday promotion, is discounting Twelve South accessories for your favorite Apple products, including AirPods.

With savings of up to 69% off and most items scheduled to arrive before Christmas, now is the time to pick up fun stocking stuffers and gifts for the Apple fan in your life.

AirPods accessories

Apple Watch accessories

iPhone accessories

MacBook accessories

iPad Pro accessories

USB-C Hub

iMac accessories

Additional Apple deals

AppleInsider and Apple authorized resellers are also running additional exclusive savings on Apple hardware for the holidays that will not only deliver the lowest prices on many of the items, but also throw in bonus deals on AppleCare, software and more. These offers are as follows:

Interested in additional Apple hardware? See if there is a Mac, iPad or Apple Watch deal that will save you $100s by checking out prices.appleinsider.com.

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AAPL analysts spar over state of Chinese iPhone sales

China, the world’s largest smartphone market, has been nothing short of a moving target for Apple. A salvo shots fired by top analysts this week only evidences one thing: the only near-term certainty with Apple and China may be more uncertainty.

Apple store in Hangzhou, China.

Apple store in Hangzhou, China.

Credit Suisse issued a cautionary note on Apple’s iPhone performance in greater China early Thursday morning. In the note, seen by AppleInsider, analyst Matthew Cabral said that checks showed a more than 35% yearly decline in Chinese iPhone shipments in November — trailing far behind a broader Chinese smartphone market that has remained relatively flat over the same period.

In presenting the data, Cabral acknowledged the challenging year-over-year compare Apple faced given vast differences in the timing of its iPhone launches over the past two years and similarly cautioned clients about reading too much into potentially “volatile” monthly data.

Nonetheless, the November drop was the second straight double-digit decline in Chinese iPhone shipments, he said, following on the heels of a 10.3% yearly decline for October. That would imply a more than 7% overall decline in Chinese iPhone shipments since the launch of Apple’s iPhone 11 family, Cabral added, explaining that mix shift towards the lower-priced “iPhone 11” model amongst most the region and a significantly discounted Renminbi may only intensify Apple’s struggles.

Cabral’s note caused a stir amongst AAPL investors who, also fearing potential complications from a looming tariff deadline, sent shares sliding over 1.5% before reversing course on upbeat trade comments tweeted by President Trump a couple of hours later.

“While early indicators of demand on the iPhone 11 cycle were consistently better-than-expected, sustained softness in China (is an incremental concern, particularly given the increasingly easy [year-over-year] compares,” Cabral wrote. “At this stage, we’re hesitant to extrapolate weak Chinese data points broadly across Apple’s global footprint given our view that structural factors are at play (we see aggressive local competition and a narrower ecosystem advantage in China) and build plans remain largely unchanged, per our Asia team.”

Credit Suisse maintained its “Neutral” rating on AAPL shares with a $221 price target. The firm’s views on Chinese iPhone sales almost immediately came under scrutiny from rivals, with Evercore ISI analyst Amit Daryanani reiterating his firm’s newly established $305 price target and “Outperform” rating. He issued a note to clients urging them to “look past the [Chinese] iPhone noise and focus on several upside catalysts” that he believes will help the iPhone maker post a solid beat to earnings for its current December quarter.

“We think investors appear to be reacting to data-points related to China’s MIIT smartphone data that shows a decline in the month of November,” Daryanani said. He stressed the tough year-over-year compare that Cabal had originally alluded to while presenting his bearish Phone call — the fact that iPhone XR was launched in November 2018, while the iPhone 11 was released in September 2019.

When normalized over three months, Daryanani believes recent Chinese iPhone data “points to a trendline that’s actually up slightly at 3% year-over-year. The Evercore analyst issued a note to clients just one day earlier raising his target on AAPL shares to $305 from $275, vouching his opposing view that iPhone 11 sales will actually surprise to the upside this quarter, outperforming relatively low expectations due in part to $50 price cut between the iPhone XR to the iPhone 11 that “has been particularly well received in China.”

With a population of roughly 1.4 Billion, China and its smartphone market remain a massive, yet thus far elusive target for Apple and international smartphone vendors. Though it has outsold rival Samsung, Apple has only managed to muster up a single-digit share of the overall Chinese smartphone sales. The company is dwarfed by local rivals such as Huawei, Xiaomi, Vivo, and Oppo, who combine to control over 80% of the market.

In a move atypical for the company, Apple earlier this year admitted to overshooting the Chinese market with the iPhone XR and issued a revenue guidance warning, which ultimately saw sales in the region slip nearly 5% year-over-year.

“While we anticipated some challenges in key emerging markets, we did not foresee the magnitude of the economic deceleration, particularly in Greater China,” Apple CEO Tim Cook said at the time. “In fact, most of our revenue shortfall to our guidance, and over 100 percent of our year-over-year worldwide revenue decline, occurred in Greater China across iPhone, Mac, and iPad.”

Cook added that “while macroeconomic challenges in some markets were a key contributor to this trend, we believe there are other factors broadly impacting our iPhone performance, including consumers adapting to a world with fewer carrier subsidies, US dollar strength-related price increases, and some customers taking advantage of significantly reduced pricing for iPhone battery replacements.”

Though Apple may be making strides towards more attractively priced smartphones with the iPhone XR, its struggles to stem the bleeding and remain relevant in emerging markets could not be more relevant at a time where the company’s greatest prospects for revenue growth arguably lie within those same countries. According to a recent Bank of America global smartphone forecast released earlier this week, Apple lost share during the third quarter of the year in every key emerging and major market except for the US, including losses in China, India, and Latin America.

The firm’s Global Research division cited Strategy Analytics data in estimating that Apple currently maintains 12% of the global smartphone market, but just a wavering 5% share in China that’s expected face continued pressure over the next several years.

Just how much of Apple’s near term growth opportunity remains tied to China and its booming smartphone market is likely to remain a hotly contested debate. Of all the analysts who provide coverage of Apple, Morgan Stanley’s Katy Huberty has arguably had her finger closest to pulse when it comes to expectations in China.

“We caution extrapolating China iPhone Data points,” she said Friday, in an apparent jab Credit Suisse’s call. She reiterated her firm’s “Overweight” rating and $296 price target on Apple shares but shared nothing further.

The next time we expect to hear from Apple on how it’s faring in China will be late January 2020, when the company reports results of its current, first fiscal quarter of the new year.

At the close of trading on Friday, Apple stock closed at $275.15, a new all-time high. Notably, the Chinese government and President Trump announced that they agreed in principle for a “phase one” deal to hopefully wind down the trade war. Tariffs expected to commence on December 15 on a wide array of Apple products will not be implemented, and a 15% tariff placed on September 1 will be halved “in phases.”

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BofA ups AAPL target to $290 amid China concerns, rising 5G expectations

Despite mounting risks in mainland China, Bank of America Securities upped its price target another 7% on shares of Apple this week, saying the international roll out of 5G should help the company sustain consistent sales of over 200M iPhones over the next few years.

In a report issued to clients on Wednesday, Bank of America Securities analyst Wamsi Mohan said the push amongst carriers and customers to upgrade to 5G networks and — and an iPhone 12 with 5G connectivity — in poised to increase and sustain iPhones shipments beyond the 200 million unit mark through 2022.

But unlike the iPhone 6 and iPhone 6 Plus “major cycle,” where shipments moved from 169 million in 2014 to 231 million in 2015 before shrinking to 212 million in 2016, the analyst believes iPhone maker’s 5G cycle will yield “smoother,” more consistent sales of iPhones the 36-month period.

“The launch will likely will come with added cost and higher price,” Mohan said. “Thus, we take a slightly more measured view of 5G as a catalyst and expect a steadier multiyear upgrade cycle.”

He’s currently modeling for Apple to ship 202 million iPhones in 2020, rising to 223.5 million in 2021 and 220 million in 2022.

While benefiting from 5G hype, it is suggested Apple won’t actually be racking up that many sales of 5G-enabled iPhones in its first year on the market, with only 20 million — or roughly 10% of its global iPhone shipments — being 5G capable. Still, that’s a huge increase over Mohan’s previous forecast of just 10 million 5G iPhone shipments in 2020. He partly attributed the increase to Apple’s settlement with Qualcomm, which he said “clearly suggests that Apple wants to have 5G capability ready to compete against Samsung and other vendors.”

Practically all of Apple’s 20 million 5G iPhone shipments during 2020 are expected to be clustered into the final few months of the year, and will amount to roughly 30% of the 60 to 70 million new iPhones that are expected to be sold in the back half of the year. Mohan sees this number rising over time, ultimately topping out at around 70% of all units by 2024.

Part of the analyst’s thesis is that Apple is taking “a long-term view” on 5G with its purchase of Intel’s smartphone modem business, paving the way for a second source of modems alongside Qualcomm’s version. He added that industry checks suggest Apple iPhone 5G launch could have a “staggered launch across regions and SKUs,” with the presumably more expensive 5G model being more readily available in some developed or more valuable markets than others. As such, he told clients he’s taking a “slightly more measured view of 5G” and expects a “steadier multiyear upgrade cycle” to match.

There will also be some considerable variation between markets, with the United States likely to be the main powerhouse for 5G sales. Mohan reckons Apple will capture 36% of the US 5G market in 2020 with domestic sales of 5 million units, ultimately growing its share to 40-50% “in the long term.”

The same cannot be said about China, which is predicted to be a poor market for Apple’s 5G ambitions. With a relatively late start behind local rival Huawei and main competitor Samsung, Apple could gain more than 15% of the 5G market, but Mohan thinks Apple may see a small decline over the years into 2024.

The growth of 5G penetration in China across all smartphone vendors is also thought to be generally slower than that of 4G from 3G, due to the cancellation of handset subsidies by carriers. While 4G penetration in 2014 was 44% in China for all device producers, 5G is expected to only achieve 35% penetration in 2020.

Bank of America Securities raised its pricing target on shares of AAPL to $290 from $270, saying its new target is based on a 17X multiple of estimated earnings for the 2021 calendar year of $17.40.

“We believe a multiple at the high end of the historical range is justified given a large cash balance and opportunity to diversify into new end markets, increasing mix and diversity of services, and a cyclically low point in iPhone sales,” Mohan said.

The firm’s newly proposed target is also based on a mix of two possible scenarios: one where hardware has “low-single-digit” revenue growth and Services growth in the high teens, and another where hardware revenue is flat and Services revenue growth decelerates to the mid-teens level.

Regardless of the pairing, the inferred result is a stabilization of the hardware business, while Services are used as the main driver for overall revenue growth.

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Apple Pay with Express Transit arrives at Penn Station in New York City

 

New York’s Metro Transportation Authority continued a planned rollout of its Apple Pay Express Transit-compatible One Metro New York, or OMNY, system on Wednesday, expanding support to the busy hub at 34th St.-Penn Station.

MTA OMNY

Source: MTA

Announced in a press release, the new OMNY availability is part of the MTA’s ongoing efforts to modernize its payment network.

A total of 96 OMNY readers at 18 turnstile arrays serving the A, C, E and 1, 2, 3 subway lines now accept Apple Pay and touchless payment solutions from American Express, Discover, Mastercard and Visa. Google Pay, Samsung Pay and Fitbit Pay are also accepted.

With OMNY, riders simply tap their compatible contactless card or device like iPhone and Apple Watch on an active turnstile to payment point to enter subway stations or MTA-run buses. Additionally, support for Express Transit means iPhone and Apple Watch users can conduct touchless terminal transactions without unlocking or waking their device.

By the end of December, OMNY is slated to go live at 85 subway stations across NYC, all MTA-operated buses on Staten Island and two Staten Island Railway stations. A wide rollout to all subway stations and MTA buses is planned for completion by the end of 2020.

“Today is yet another momentous occasion in the continued rollout of OMNY, the MTA’s game-changing contactless fare payment system,” said Andy Byford, president, NYC Transit. “Penn Station is one of the system’s busiest subway stations and will allow hundreds of thousands of commuters the opportunity to tap and ride using a device or contactless card of their own choosing, including customers arriving on the Long Island Rail Road, New Jersey Transit, and Amtrak, who connect with the subway system here at Penn Station. Chase, Visa and other partners have done an immense amount of work to help spread the word about OMNY and we’re thankful for their support.”

Apple Pay with Express Transit mode first debuted at a handful of NYC subway stations and buses in May. For now, OMNY offers a flat-fare, pay-per-ride option, though alternative fare products like passes are expected for availability in 2020.

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X-ray shows how the iPhone 11 Smart Battery Case camera button works

 

Apple’s Smart Battery Case for the iPhone 11 has a slightly refined design to add the dedicated camera button, x-ray images of the case reveals, with the accessory including an extra circuit board to add extra hardware controls to the smartphone.

[via iFixit and Creative Electron]

[via iFixit and Creative Electron]

Apple launched a new set of Smart Battery Cases for the iPhone 11, iPhone 11 Pro, and iPhone 11 Pro Max on November 20, with the accessory updated with a larger camera cutout and a new camera button while maintaining the well-known battery hump design. Chiefly, the case is to protect the iPhone while also offering up to 50% more battery life, but this generation introduces the camera button for the first time.

A series of x-rays hosted by iFixit and performed by Creative Electron shows there are a few internal changes to the Smart Battery Case to accommodate the new button, both to position it and to connect it to the iPhone.

A small circuit board is embedded inside the case between the two battery cells and the Lightning port. The board is used as the conduit for connections of other components, including the induction charging coil and the batteries via wires, while a thin flexible circuit runs to the button.

The addition of a button is an interesting choice for Apple, as previously users had the ability to use the volume buttons to trigger the shutter instead of tapping the display. However, the orientation of the camera in relation to the volume button, which would be on the bottom edge if the iPhone is held in a typical landscape fashion, makes it harder to press, and can occasionally cause unwary users to press the power button by mistake.

Aside from being ideally located for taking a photo with the right index finger firing the shutter, the new button is also slightly recessed, minimizing the chance of it being pressed while in a pocket or bag.