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Analyst: iPhone sales to fall in 2016; iPhone 7 won’t have ‘many attractive selling points’

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Noted Apple seer Ming-Chi Kuo of KGI Securities today made some bold predictions for the American tech juggernaut, telling investors to expect iPhone shipments to fall this year. The “worst-case scenario,” he wrote in his investment note, is for Apple to sell less iPhones this year than in 2014 — somewhere between 190 million and 200 million units.

For context, that would mean Apple did worse than the industry average in terms of shipment growth, which it has never done. It’s also alarming when you consider that the iPhone 7 is due later in the year, and based on past revelations about Apple’s upgrade cycle, the next iPhone is poised to bring big changes to the lineup.

Or will it? Because according to Kuo, who’s been referred to as “the most accurate Apple analyst in the world” on multiple occasions, the iPhone 7 won’t have “many attractive selling points,” though he didn’t go into detail about what the phone might offer.

kgi-iphone-stats

If Kuo is indeed right about the upcoming Apple product — and he often is, such as the time he predicted a redesigned, 12-inch MacBook, or the time he correctly surmised Apple’s penchant for the color pink — then his gloomy forecast concerning iPhone sales in 2016 could be right on the money.

Apple had already lost its smartphone business to Samsung in the first quarter of the year after seeing its rival’s sales soar, buoyed by the early release and critical reception of the Galaxy S7.

Granted, Apple releases the premium iPhone model late in the year and Samsung’s Galaxy flagship typically goes on sale in April, so nothing unusual there.

If the iPhone 7 might not be as big of an upgrade as earlier hoped, when should you upgrade, then? Try next year. Kuo has previously noted that Apple may unveil a major redesign for the iPhone in 2017, one that substitutes glass in place of aluminum and uses a higher-contrast OLED panel.

[irp posts=”3546″ name=”Apple iPhone 7 release tipped for September 16″]

Source: 9to5Mac

Enterprise

Steve Jobs to be awarded highest distinction for civilians

On July 7

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Steve Jobs introduces the iPod nano

Love him or hate him, Steve Jobs has had a massive impact on the entirety of technology. During his career, the entrepreneur jumpstarted the popularity of the Mac, the iPod, and the iPhone, among other iconic devices. Unfortunately, he passed on before he could do more. Despite his passing, his effect is recognizable. In light of that, President Joe Biden is posthumously awarding Steve Jobs the Presidential Medal of Freedom.

The award is given to those who have significantly contributed to national security and American culture. As the name suggests, only the current president can grant the award to distinguished individuals. Plus, it’s the most prestigious distinction that can be awarded to an American civilian.

Besides Jobs, the incoming awardee class includes gymnast Simone Biles, senator John McCain, and actor Denzel Washington. Biden will host the ceremony on July 7, 2022.

Given his accomplishments, Jobs does have a case for the award. Though Tim Cook is handling the reins now, Jobs was instrumental in the company’s success, especially with the iPhone. Since Jobs launched the iPhone, a lot of smartphones manufacturers have developed similar devices in the slab phone format. Now, Apple still has one of the most dominant grips in the smartphone industry, outlasting several of its former rivals.

SEE ALSO: Another country wants to force Apple to go USB-C

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Qualcomm plans to buy Arm with its rivals

It’s a consortium of companies

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For NVIDIA, Arm is its greatest the-one-that-got-away story. For months, the chip company worked on an acquisition plan for Arm. However, those plans eventually fell flat. SoftBank, Arm’s current holders, is still focused on getting a buyer for the asset. Now, a party led by Qualcomm is emerging as another potential suitor.

“A party” is, of course, an understatement, in this case. According to the Financial Times, Qualcomm is banding with other chipmakers (see also: their rivals) to each purchase a tiny bit of Arm. While a singular consortium of companies will buy the company, everyone will grab a minority stake in Arm. Of note, Samsung proposed the same deal years ago. Obviously, that old plan didn’t pan out well for either company.

Today’s renewed efforts, however, come after NVIDIA’s failure. NVIDIA reportedly backed out of its plans because acquiring Arm would have stifled competition in the market.

On the other hand, Qualcomm’s plan directly addresses this concern since everyone will own Arm. With enough companies in the consortium, it will end up with the “net effect that ARM is independent,” according to Qualcomm CEO Cristiano Amon.

Currently, it’s unclear whether the plan has any traction. It will require a lot of cooperation between several companies just to form a consortium. If anything, Samsung might go with the idea since the South Korean company proposed the same previously.

SEE ALSO: Nvidia planning to drop Arm acquisition plans

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Samsung is increasing the prices of its chipsets

Others have already accepted

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Shortages are still plaguing the tech industry. Because of various lockdowns throughout the past few years, new devices haven’t met the surge of demand from consumers. Besides not delivering devices, companies also deal with a loss in profit. Inevitably, that lost profit would rear its head in another way. Samsung, a major player in the chipmaking industry, has decided to up its chipset prices.

First reported by Bloomberg, Samsung is renegotiating the prices of its chipsets. If successful, the company’s clients will reportedly pay between 15 to 20 percent more to get their components. Additionally, chips made on legacy nodes will likely pay more in the end.

According to the report, some clients, currently unnamed, have already agreed to the price increase. Others are still in the process of negotiations. Though it’s certainly more expensive, the current forecast speculates that most clients will likely take the new deal. For one, other companies have already upped their prices as well. Samsung isn’t alone. However, the South Korean company has an advantage: more high-tech machines resulting in better chips and faster production.

Of course, the story doesn’t end there. While some clients have already accepted, there is no indication as to who will ultimately shoulder the brunt of the price increase. Will this mean more expensive devices in the future, or will companies graciously take a lesser margin of profit?

SEE ALSO: Samsung Galaxy S22+ review: Love at first touch

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