Being an Apple (NASDAQ: AAPL) supplier can be something of a double-edged sword. Since Apple is hugely successful in the markets in which it participates, winning Apple orders can be anything from a solid revenue boost (typically the case for already large and successful suppliers) to a fundamental game-changer (the case for small suppliers that hit it big with Apple). Unfortunately, since Apple plays hardball with suppliers, and since Apple is known for aggressively bringing technologies in-house, revenue from Apple generally isn't as "sticky" as revenue from other, less powerful customers. Image source: Apple. To that end, I'd like to go over three Apple suppliers that are at risk of losing significant Apple business in the years ahead: Intel (NASDAQ: INTC), Qualcomm (NASDAQ: QCOM), and Dialog Semiconductor (NASDAQOTH: DLGNF). 1. Intel On April 2, Bloomberg reported that Apple management had green-lit an initiative, known as Kalamata, to replace … [Read more...] about 3 Apple Inc. Suppliers Set to Lose Significant Business
Apple Inc. unveiled a low-cost iPad geared toward students to better compete with Google Chromebooks in the education market.The new model has a 9.7 inch screen and costs $299 for students and schools, and $329 for other users. The new tablet supports the Apple Pencil accessory, a first for a non-Pro iPad model. Apple also said it is releasing new versions of its iWork productivity apps that work with the Pencil stylus.Apple VP Greg Joswiak called it "faster than virtually any Chromebook."Apple also previewed a new feature called Smart Annotation that lets users annotate specific words on a page. An update to the Pages iWork app will also let users create their own digital books via the iPad.The new iPad still includes the Touch ID fingerprint scanner, versus Face ID 3-D sensor system on the iPhone X, but adds a new A10 Fusion chip which was first released in the iPhone 7 in 2016, up from the A9 in the previous low-cost iPad. … [Read more...] about Apple Launches $299 iPad for Education
By March 27, 2018, 11:32 AM EDT The saga of Apple Inc.’s war with Qualcomm Inc. over its lucrative use of patents has spilled into a U.K. court. But Qualcomm says their legal fight should stay firmly across the Atlantic.Qualcomm asked Judge Paul Morgan on Tuesday to declare the British court has no right to determine whether it breached competition laws because the matter will effectively be settled in California, where Apple has been battling the chipmaker since May 2017. Qualcomm says Apple’s complaints have no relevant connection with England and Wales.The central issues of the dispute -- including Qualcomm’s licensing practices and chipset supply arrangements -- “are already the subject of the proceedings in the Southern District of California,” the San Diego-based company said in its court filings. “The similarities with Apple’s allegations in this English action are obvious,” it argued.Apple says England is the proper place … [Read more...] about Qualcomm Fights Apple’s Attempt to Move Battleground to U.K.
Here's what Apple won't say when it talks Tuesday about its technology in schools: The company lost, and it will be tough to turn around its fortunes. Apple Inc. plans on Tuesday to introduce a new lower-cost iPad and software tailored for schools. Apple has a long history in the education market with its Mac computers and more recently with its iPads. But the company has lost a gargantuan amount of ground to alternative computing devices in the U.S., particularly to the stripped-down Chromebook laptops powered by Alphabet Inc.'s Google software.Chromebooks accounted for 60 percent of laptops, tablet and other mobile computers shipped to U.S. K-12 schools in the third quarter of 2017, according to FutureSource Consulting. Apple's iPads accounted for 12 percent of those school devices, less than half of its market share in 2014. Schools don't necessarily have big budgets, but tech companies have turned them into a battleground to build loyalty among future … [Read more...] about Apple Needs Schools More Than They Need It
By March 26, 2018, 9:17 AM EDT A supplier of cobalt to Apple Inc. is joining with others in the industry to try to ensure the metal used in rechargeable batteries is sourced ethically after some mines in the Democratic Republic of Congo, the top producer, were found to be dangerous or employ child labor.China’s Huayou Cobalt Co. is among refiners, miners, gadget firms and global carmakers collaborating in the Better Cobalt trial project that seeks to track supply from Congo mines to the batteries used in phones and vehicles, said Nicholas Garrett, a director at the Better Sourcing Program running the pilot. He declined to name other members while contracts are being completed.The pilot will assess safety at five small-scale and artisanal mines in Congo’s southeast, and for the first time attempt to electronically track cobalt from the sites to ensure it isn’t mixed with metal from unknown sources, Garrett said.At least-two thirds of cobalt supply was mined in … [Read more...] about Apple Cobalt Supplier Seeking Ethical Supply With Industry Pilot