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U.S. stock futures fell on Monday and global stocks slumped as last week's sharp selloff continued amid concerns over the strength of the world economy and the first inversion of the U.S. Treasury yield curve in more than a decade. Yields on 3-month U.S. Treasury bills continued to trade higher than those on 10-year notes in overnight markets, keeping the yield curve in a so-called inverted position, a condition that has signaled nearly every U.S. recession for the past 60 years, according to Federal Reserve studies. Chicago Fed President Charles Evans, however, told an audience in Hong Kong that the curve's sharp was more a reflection of "a secular decline in long-term interest rates" rather than a signal of impending recession, a view that's shared among many Wall Street analysts.
Apple event – LIVE: Latest as iPhone maker set to release new movies, TV, news and games subscription services
Apple is preparing for perhaps its most momentous launch event in years. At the event, the company is expected to launch a whole host of services: a subscription film and TV platform to compete with Netflix, a news service that will allow people to subscribe to magazines and papers, as well as potentially revealing a games subscription that will allow people to play unlimited titles for one price. Apple has instead released much of those in the week ahead of the event, revealing new AirPods, iPads and Macs.
SAN FRANCISCO/LOS ANGELES (Reuters) - Apple Inc is expected to finally lift the curtain on Monday on a secretive, years-long effort to build a television and movie offering designed to compete with big media companies and boost digital services revenue as iPhone sales taper. Hollywood celebrities are likely to trek to Apple's Cupertino home to greet the debut of a revamped Apple TV digital storefront. Apple has commissioned programming from A-list names such as Jennifer Aniston, Reese Witherspoon, Oprah Winfrey and Steven Spielberg.
While the Wall Street Journal plans to join Apple's new subscription news service, other major publishers, including the New York Times and the Washington Post, have declined, according to a New York Times report. Apple has also partnered with Hollywood celebrities to make a streaming debut with a slate of original content, taking a page out of Netflix Inc's playbook. Below are some of the shows, curated from media and Apple's own announcements, which are part of the iPhone maker's content library.
On Monday, Apple is set to make a major push into internet video, launching a TV streaming service that will seek to compete in a crowded market against Netflix and Amazon.
Stock futures signaled a tepid rebound after Robert Mueller found no Trump collusion with Russia. The Apple streaming service event is Monday. Don't expect the Boeing 737 Max to fly soon.
Apple Inc. will shift its business further toward the services side Monday, according to a new report a day before the unveiling of its highly anticipated streaming-video service.
Romantic comedies were at the top of the Netflix best list for 2018, the company said in a December press release. For its list of most-loved actors from 2018, Netflix rates these by increases in Instagram followers.
You might expect all of America's top CEOs to have an MBA from an Ivy, but they hail from all kinds of academic backgrounds.
Apple (NASDAQ:AAPL) had an unusually busy week of hardware releases.The company's revenue -- and Apple stock -- is weighted heavily toward hardware sales, so usually, Tim Cook & Co. choose to reveal new hardware at media events. But this past week was different.On March 25, Apple is holding a special event where it is expected to unveil its new video streaming service. The company clearly wants the focus of the event to be on services, so it spent most of this week quietly taking its web store offline early in the a.m. as new products were added.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks on the Rise Heading Into the Second Quarter Here's all the new Apple hardware that arrived this week, whether you noticed it or not. iPad AirSource: Apple Apple kicked off an unusual week of new hardware releases with a pair of new iPads on Monday morning. The company surprised many with the introduction of a new iPad Air. This new version sits somewhere between Apple's consumer iPads and the iPad Pro. It has a 10.5-inch True Tone Retina display, an A12 processor and supports the first generation Apple Pencil and a Smart Keyboard. But it lacks some of the advanced features offered by the iPad Pro line including Face ID, USB-C support, 12MP camera with 4K video, and the "all screen" Liquid Retina display. At $499 the price also puts its firmly between the $329 9.7-inch iPad and the $799 11-inch iPad Pro. iPad MiniSource: Apple With the iPad price at $329 and iPhone displays hitting 6.5-inches, the odds seemed high AAPL would simply discontinue the 7.9-inch iPad Mini (which hadn't been updated in several years).Instead, Apple rolled out a new, 5th generation iPad Mini. It keeps the $399 starting price, but gets the same upgrade treatment as the iPad Air: a True Tone Retina display, an A12 processor and support for the first generation Apple Pencil. New iMacsSource: Apple On Tuesday, the Apple online store went down and came back with new iMacs. It had been two years since the company last refreshed its all-in-one desktop computers.The new versions now get Intel (NASDAQ:INTC) 8th generation CPUs by default, with the higher end 27-inch models having the option of the latest 9th generation processors with up to eight cores.Both 4K and 5K iMaces also get optional AMD (NASDAQ:AMD) Radeon Pro Vega graphics. Apple says the new iMacs are much faster, with the 27-inch iMac up to 2.4 times more powerful than its predecessor, with an up to 50% boost in graphics performance. AirPods With Wireless Charging CaseSource: Apple One of AAPL's big hits over the past several years has been the AirPods wireless earbuds. Earlier this year, Tim cook said wearables revenue -- especially the Apple Watch and AirPods -- is 50% higher than peak iPod revenue. That's good news for Apple stock, which has been reliant on softening iPhone revenue.On March 20, Apple put out a press release announcing the second generation AirPods With Wireless Charging Case. The new AirPods get a wireless charge case that can be set on a Qi-compatible charger, hands-free Siri and improved battery life with 50% more talk time. They also get a price boost, from $159 for the originals to $199. New Seasonal Accessories Source: Apple Apple stock is not going to go through the roof just because the company released new pastel, spring-themed accessories for its products -- which it did on Thursday.However, accessories are, surprisingly, big business. In 2015, it was estimated that Americans spent $1.9 billion on iPhone cases alone. Every time Apple sells an iPhone, iPad or Apple Watch, there's a chance to add another $40, $50 or more to the total transaction by tempting the buyer with an accessory, and these are high margin add-ons. By constantly changing things up with seasonal themes, AAPL also gets a crack at selling more accessories to existing device owners.Two things didn't make this week's mass release, although they had been rumored to make an appearance: A 7th generation iPod Touch, and the long-awaited (and two year-delayed) AirPower wireless charge mat.Between the long list of new hardware releases and anticipation for Monday's big event, Apple stock has had a good week, gaining over 5% since Monday morning. Speaking of the March 25 Apple Special Event, check in with InvestorPlace on Monday afternoon for a wrap of everything the company announces. As of this writing, Brad Moon did not hold a position in any of the aforementioned securities.Compare Brokers The post All the New Hardware Apple Released Last Week appeared first on InvestorPlace.
is set to reveal its long-awaited video service -- and speculation is flying about what it will be, and what effect the announcement will ultimately have on Apple's share price and valuation. On Monday, Apple is expected to show off a new subscription video service, as well as a revamped Apple News, that could serve as anchors for Apple's growing services business. TheStreet will be conducting a live blog breaking down Apple's event on March 25.
The iPhone maker doesn't have the DNA or the right culture to compete with the streaming leader.
Apple now sells an iPad, an iPad Mini, an iPad Air and two iPad Pro models, each with its own price tag and feature set. Which one's right for you? WSJ's David Pierce helps you figure it out. Photo/Video: Emily Prapuolenis/The Wall Street Journal
Ahead of fresh high-level trade talks this week, China is not conceding to U.S. demands to ease curbs on technology companies, the Financial Times reported on Sunday, citing three people briefed on the discussions. U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are scheduled to travel to Beijing for talks starting on March 28, the White House said on Saturday. The FT report https://on.ft.com/2JOKzer said Beijing had yet to offer "meaningful concessions" to U.S. requests for China to stop discriminating against foreign cloud computing providers, to reduce limits on overseas data transfers and to relax a requirement for companies to store data locally.
A special cabinet meeting will take place on Monday ahead of a key parliamentary vote on different Brexit options after ministers admitted Mrs May’s deal was unlikely to ever win MP’s approval. by separate investigations being carried out by an array of state and federal prosecutors.
The retail giant will be launching its own line of low-priced tablets.
Apple has one of the best supply-chain models. Here are some of the top businesses involved, along with the benefits and challenges for each.
There might not be anything disruptive or innovative about the tech giant's evolving video strategy.
The chief executive officer is expected to unveil streaming video and news subscriptions, key parts of Apple’s push to transform itself into a leading digital services provider. The company may even discuss a monthly video games subscription. Likely absent from the event: Any new versions of the gadgets that have helped Apple generate hundreds of billions of dollars in profit since 1976.
Apple chief executive Tim Cook nudged China on Saturday to open up and said the future would depend on global collaboration, as the United States and China remained locked in a bitter trade dispute. "We encourage China to continue to open up, we see that as essential, not only for China to reach its full potential, but for the global economy to thrive," Cook said at a China Development Forum in Beijing. Despite official pledges and repeated assurances that China would continue to open its markets, some analysts worry that its reform project has slowed or even stalled under President Xi Jinping, who has sought greater control over the economy and a bigger role for state-owned firms at the expense of the private sector.