Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Archive for the ‘apple’ Category

Bull Run

leave a comment »

The 2019 bull run continues.

The Dow Jones Industrial Average closed 211.22 points higher at 25,928.68 today, and CNBC reports that the S&P 500 has notched its best start to a year since 1998. 

What happened to that inverted bond yield???

Perhaps that’s all just more goodness for the soon-to-be rampant unicorns, including Lyft, whose IPO float today send the stock trading up 8.7 percent to $78.29, with more than 70 million shares trading on its first day as a public company. 

That lifted Lyft’s market valuation to $22.2 billion.

Other unicorns likely to be unleashed into the wild soon? Uber, Slack, Pinterest, among others.

Just remember, Lyft is currently #2 in the ride-hailing pecking order and lost $900 million in 2018.

While we’re on the subject of moolah, let’s talk about TechCrunch’s story about consumer spending on apps.

Sarah Perez’s headline suggests that spending will reach $156 billion across iOS and Google Play by 2023. Yes, you read that right.

That research estimate came from app store intelligence firm Sensor Tower, and suggests that both stores will more than double their revenues over the next five years. That’s +16.8 percent CAGR, if you’re counting along.

Getting further down into the numbers, that’s an estimated $96 billion for Apple and $60 billion for Google, with Apple taking nearly 62 percent of all revenue generated by the two platforms.

To put that in perspective, the global film industry was worth an estimated $136 billion as of 2018.

Time to hone those developer skills, because the bull run appears to continue across the board.

Written by turbotodd

March 29, 2019 at 3:50 pm

Apple TV

leave a comment »

This is the kind of data I like to pass on just three days before Apple starts its own “Game of Thrones” programming play geared at the incumbent filmed content distributors.

What’s New In Publishing is reporting that smartphones are the big gainers in media consumption according to the Nielsen Q3 2018 Total Audience Report.

Specifically, the Nielsen data shows there’s been a “significant jump” in mobile time-spent among 18-34s, from 29 to 34 percent. Growth, WNIP notes, which came at the expense of television.

It goes on to note that this trend “continues from a year earlier, as live and time-shifted TV (traditional cable, set-top box viewing) was surpassed by mobile in Q3 2017.

For all US audiences, mobile went up from 21 to 24 percent, with media consumption otherwise remaining flat at about 10.5 hours per day.

To whit I ask, don’t any of you people working for a living?

In terms of platforms, YouTube was the big winner per its 37 percent of all mobile Internet traffic. Facebook and Snapchat were both less than 9 percent. Interestingly, Netflix only garnered 2.4 percent of mobile traffic.

So with that as a prelude, what is expected of Apple’s Monday announce?  

The Verge’s sneak peak suggests two things, Apple Video and an Apple News subscription service. 

Though Apple has already had a big screen content play with its Apple TV device, this new video service could bring the prestige of Apple’s brand into Netflix- or Hulu-like experience (although notably Netflix won’t be participating in the Apple Video offering, according to Netflix CEO Reed Hastings).

However, rather than being just the distributor and aggregator, much like they were with the original iPod, this time they’re going to be in the business of backing horses (making content). 

What will determine its success?

Simple. Will the content be good enough, and the price aggressive enough, to convince Apple loyalists to subscribe to yet another streaming service.

If not, Apple Video could go the way of the Newton. 

Written by turbotodd

March 22, 2019 at 10:43 am

Posted in 2019, apple, hollywood

Tagged with , ,

The New AirPods Are Here

leave a comment »

$1.7B.

That’s how much Google is being fined in the EU for restricting rivals’ ads. 

According to an article in The Wall Street Journal, the fine:

…deals with abusing the dominance of its search engine to block competitors in the niche market of selling text ads on the search results that appear on third-party websites.

It doesn’t come with a specific order to change Google’s business practices because the commission says Google ended the last type of anticompetitive behavior at issue in the case shortly after charges were filed nearly three years ago.

Back here in these United States, Facebook has announced it will stop allowing ad targeting by race, gender and age groups in the housing, jobs, or credit categories by the end of the year, according to an article in The New York Times:

The changes are part of a settlement with groups that have sued Facebook over these practices in recent years, including the American Civil Liberties Union, the National Fair Housing Alliance and the Communications Workers of America. They also cover advertising on Instagram and Messenger, which Facebook owns.

And Apple fanboys/girls everywhere unite, as Apple has finally launched its second gen AirPods. 

As covered by 9to5 Mac, the new versions come with a wireless charging case, a new H1 chip, hands-free “Hey Siri,” longer battery life and faster connections to devices.

The new AirPods are $199 with the wireless charging case and $159 with the standard case, and existing AirPods owners can purchase the wireless charging case separately.

For those who have been on the fence about AirPods, here’s my personal endorsement not paid for by Apple or anybody else: Buy them.

They’re one of the single most useful items of tech I’ve purchased in years. 

The only regret I had about not buying the first gen AirPods was that I didn’t buy them sooner.

I’ve used them on planes, trains, and automobiles, in noisy airports, riding my bike around Ladybird Lake in Austin, and beyond without any real issues.  

The thing you notice most: There’s no cord to get in the way or get caught up on your desk, your seatbelt, etc.

Also, my concerns (which I’m sure others had) about losing one of them — which I surely figured I would have by now — have faded away.

If you’re on the phone or emeetings a lot, or you listen to a lot of music and use an iPhone, they’re a no brainer and worth every penny.

Written by turbotodd

March 20, 2019 at 11:51 am

Posted in 2019, airpods, apple

Tagged with , , , ,

Need a Lyft?

leave a comment »

If you’re looking for a new iPad, Apple is offering up a couple of new options.

A new 10.5” iPad Air ($499), and a 7.9” iPad mini ($399), both with retina displays, the A12 Bionic chip, and support for the first-gen Apple pencil.

For those keeping score, that mini has the same screen size as the previous generation. 9to5Mac writes that the Air is “a halfway house between the $329 iPad and $799+ iPad Pro tiers.”

On the dealmaking and moneyraising fronts, there’s also news from this Monday.

Fidelity National Information Services Inc. said it has agreed to acuire Worldpay Inc for roughly $35 billion in cash and stock, reports The Wall Street Journal.

Why do we care?

This deal would build a global payments giant and back-end financial services business in a sector “under pressure to cut costs, develop new products and add customers.”

The combined FIS and Worldpay expects to generate $500 million in additional revenue and annual cost cuts of about $400 million through combining their one-stop shop services to process online and in-store payments and manage transactions in multiple currencies. The enlarged group, which expects to have annual revenue of about $12.3 billion, also will offer services to manage fraud and advanced data analytics, the companies said.

 FIS helps banks process credit-card transactions, service auto loans and handle back-office functions for money managers among a range of services that it offers. The company says its technology is used in managing transactions involving more than $9 trillion annually.

Finally, if you’re looking for a lift, ride-share company Lyft today disclosed it hopes to raise over $2 billion in its IPO, at an initial market cap that could top $19 billion. 

Lyft is expecting to offer 30.77 million shares valued at between $62 and $68 per share, and its IPO road-show is expected to kick off today.

Might be cheaper to ride a scooter.

Written by turbotodd

March 18, 2019 at 10:25 am

Posted in 2019, apple

Tagged with , , ,

Game On

leave a comment »

Happy Hump Day.

As Steve Ballmer once said on a Microsoft event stage, “Developers, developers, developers.”

He was huffing and puffing and sweating profusely when he said it, but the sentiment remained the same.

And still relevant.

By way of example, earlier today Bloomberg reported that Apple is working on a new initiative entitled “Marzipan” which is intended to make it easier for developers to build apps, games, etc. for all its main devices “in one fell swoop.” 

In other words, developers will have a new software development kit that will allow them to port their iPad apps to Macs, as opposed to having to write the underlying code twice.

Bloomberg also reports that in 2020 Apple will plan to expand the kit so that iPhone apps can be converted into Mac apps similarly.

By 2021, the idea is that developers will be able to merge iPhone, iPad, and Mac apps into a “single binary,” which would in turn prevent them from having to submit their efforts to different Apple app stores.

On the gaming front, Fortune is reporting that Google is expected to announce a new game streaming service at next month’s Game Developer’s Conference. 

The gaming unit is expected to be a Netflix-like streaming service, building on the success of Project Stream. Games are run on cloud servers and streamed directly to players’ PCs, tablets, TVs, or pretty much anything with a screen. That’s fairly typical with films and programs these days, but the interactive nature of games (and the historically laggy qualities of most internet connections ) have made it impractical.

Lots of competition in them thar game streaming hills: Steam, Epic Games, Sony Playstation, etc.

But it was also a $36 billion business in 2017, according to the Entertainment Software Association, and more and more games will be moving out of retail and into the cloud.

In other words, game on.

Written by turbotodd

February 20, 2019 at 11:55 am

Posted in 2019, app store, apple, google

Tagged with , , ,

What A Week in Tech (and Privacy)

with one comment

What a headspinning week in tech!

I don’t really even know where to begin.

On the one hand, we saw more stratospheric (and sometimes recordbreaking) tech earnings from the likes of Facebook, Microsoft, and Amazon.

On the other, we saw more privacy gaffes that make me think my personal digital data was a lot safer during the 2016 elections than it was here in the present of 2018.

The New York Times’ Mike Isaac suggested in an article yesterday that Tim Cook and Apple held significant cards in their enterprise agreement faceoff with Facebook.

And Kara Swisher wrote in the Gray Lady that Tim Cook “has become the critic-in-chief for Facebook” — particularly when it comes to privacy matters — even as Apple had to face up to its own privacy snafu with FaceTime Group chats (although Apple said today it had fixed that particular flaw).

Thankfully I don’t use such group chats, but it was still not exactly reassuring that the privacy industrial complex is clearly growing bigger and making billions and still doing a sheit job of protecting our data.

Those two missions — making lots and lots and lots of money and protecting users’ personal information — now seem to be not only completely at odds, but almost at war.

And that’s before we really turn the volume up on artificial intelligence’s capabilities and the genies (and demons) that that could unleash.

TGIF.  I need a beer.

Please, just don’t tell my Facebook page or my FaceTime app — my insurance company might be listening.

Written by turbotodd

February 1, 2019 at 12:16 pm

Posted in 2019, apple, facebook

Tagged with , , ,

A Cold Apple

leave a comment »

I feel for you people living in Chicago and Minneapolis and other parts in the north.  I though 51 below 0 was reserved for the North or South Pole.

Stay warm, keep those body parts covered, wear goggles.

I knew there was a reason I moved back to Texas.

I was about to go off and write a post-Davos artificial intelligence or 5G screed, but I’ve been too busy at work, so they’ll have to wait.

Instead, I wanted to take a quick glance at Apple’s earnings announced after the market closed yesterday.

The headline from Apple’s earnings release was that revenue was down 5 percent from the year-ago quarter, to $84.3 billion, with revenue from the iPhone having declined 15 percent from the prior year.

But revenue from all other products and services grew 19 percent.

Revenue from China dropped 27 percent from a year ago, down from $13.17 billion to $17.96 billion. 

According to a report from CNBC:

Investors had feared slowing sales in China since CEO Tim Cook warned earlier this month of economic pressures in the region that led the company to lower its guidance for the quarter. In addition to weak iPhone sales, Cook blamed trade tensions between the U.S. and China for the slowdown in sales.

“If you look at our results, our shortfall is over 100 percent from iPhone and it’s primarily in greater China,” Cook told CNBC’s Josh Lipton in an interview following the Apple’s revised guidance announcement. “It’s clear that the economy began to slow there for the second half and what I believe to be the case is the trade tensions between the United States and China put additional pressure on their economy.”

The earnings broke the same day that Apple conceded it had a major security flaw in its FaceTime app, discovered earlier this month by a 14-year old student in Arizona.

Apple has disabled the Group FaceTime feature while it works on a fix.

Written by turbotodd

January 30, 2019 at 10:51 am

Posted in 2019, apple

Tagged with ,

%d bloggers like this: