Apple’s iPhones are critical to its business and its cash hoard. But now speculation is that the money machine may not be humming as well as expected.
The upcoming iPhone X smartphone, available on Nov. 3, may be having manufacturing problems that could lead to a more limited availability at launch than investors had hoped. There’s also talk of whether slower-than-expected iPhone 8 sales are due to shoppers preferring to wait for the iPhone X or something more troubling—like disappointed customers.
But it wasn’t all bad news for Apple
. For instance, the company is believed to be making a healthy profit on the sale of each iPhone, further bolstering arguments by industry watchers who believe the iPhone X and iPhone 8 will help Apple reach new financial heights.
- Apple kicked off the week right with the release of an update to its free desktop operating system
macOS High Sierra
. The software includes several new features, including faster performance, thanks to a new file system that allows for quicker transfer and accessibility of folders. It’s available now as a free download in the Mac App Store. However, some users complained about possible security problems
that dampened enthusiasm for the update.
- After its first weekend of availability, the iPhone 8 and its larger alternative, the iPhone 8 Plus, suffered from lower-than-expected demand,
according to research firm Localytics. In fact, the iPhone 8’s early estimated sales were lower than for last year’s iPhone 7 in terms of overall share of the iOS market, according to Localytics. Apple’s iPhone 8 Plus, however, attracted a larger share of customers than the iPhone 7 Plus
did in its first weekend of availability last year.
- Even if iPhone 8 is having trouble attracting customers, it should still generate a nice profit for Apple
excluding assembly and staff costs, among others. According to an IHS Markit report this week, Apple makes $411.06 on the sale of each new iPhone 8
, and $510.92 on each iPhone 8 Plus sold excluding those additional costs. Apple, however, hasn’t confirmed iPhone 8 pricing and the amount of profit on individual sales.
- The iPhone 8’s glass back panel will cost customers $99 to fix
under the company’s warranty, Apple revealed this week. In comparison, Apple charges $29 to fix an iPhone 8 screen
that’s under warranty.
- There is major debate over Apple’s iPhone X
. One report this week suggested that iPhone X is suffering from manufacturing problems with its Face ID scanner
, and that fewer phones will be available for their November premiere than otherwise expected. That report spooked investors, who sent the company’s shares down more than 1% in one day. But as I explained this week, worries about the iPhone X is overblown and everything will likely be fine
- Federal Communications Commission Chairman Ajit Pai this week complained that Apple should turn on the FM frequency chips inside its iPhones
to allow users in hurricane-damaged areas listen to radio stations for critical information. The problem, however, is that Apple’s iPhone 7 and iPhone 8
don’t come with FM radio chips
- Apple Music now has 30 million subscribers
, but that’s still far behind rival Spotify’s 60 million subscribers.
- Apple Mac owners are having trouble updating their computers, and there’s no official answer why
- If your iPhone isn’t charging well, a paper clip might help you. Here’s why
- Wondering how many requests the U.S. government has made for Apple user data? Lots and lots
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One more thing…Apple’s Beats division is releasing a new, high-end Studio3 Wireless Headphones
next month. I’ve been testing them for the last few weeks. Here’s my review
. The short version? They’re really, really, really good.