Wish I could tell you what they are — but CEO Tim Cook offered sizzle without steak in his call with Wall Street analysts today after Apple reported its second-quarter earnings. He says that Apple will enter new product categories, but wouldn’t be more specific. “We can’t wait” to introduce the products, he says. “We have a lot more surprises in the works…We have some really great stuff coming in the fall and across all of 2014.” He tiptoed around a question about whether he might offer iPhones with screens larger than 4 inches, following competitors including Samsung whose smartphone screens run 5 inches and up. “Our competitors have made some significant trade-offs in order to ship a larger display,” he says. “We would not ship a larger display iPhone while these trade-offs exist.” He added that Apple has “the best products by far” as well as “the best ecosystem by far, and we’re going to make it better and better.” Company watchers expect Apple to introduce a TV set that integrates conventional and online video and wrist watches that communicate with its iPhones, as well as a subscription online music service that would compete with Pandora. Investors are eager to see new products as Apple’s mainstay products face growing competition from rival smartphone, tablet, and computer makers.
Apple CEO Says New Products Coming Late This Year And “Across 2014″
How Low Will Apple Shares Go?
That’s the question of the day for Apple followers as the company’s fans on Wall Street lick their wounds from last night’s disappointing earnings report. The stock fell 12.4% today to $450.50. That’s the company’s worst one-day performance in about four years, and puts Apple shares right where they were about year ago. The company’s market value of $423B is still impressive, but a far cry from late September around the time it released the iPhone 5. Back then, investors thought it was worth more than $659B. To put this into perspective, the drop in the perceived value of Apple over the last four months amounts to more than the value of Comcast, Disney, and Viacom combined. Read More »
Global Showbiz Briefs: Apple TV Adds Vivendi Watchever, Singapore Censorship
Apple TV Adds Video Streaming Service Watchever In Germany
Apple TV has added access to Vivendi’s streaming video subscription service Watchever in Germany. The move could open the door to more region-specific deals “where there is a strong localized offering that delivers content appealing to Apple TV owners there,” according to Next Web. Watchever offers access to whole seasons of U.S. series, movie blockbusters and international art house films for €8.99 ($11.99) per month. Purported “thousands” of available titles include AMC’s Mad Men and Breaking Bad, early seasons of HBO shows such as The Sopranos and Sex and the City and films like Slumdog Millionaire and There Will Be Blood. Netflix is not available in Germany. Amazon-owned Lovefilm, which offers both streaming and physical DVDs, is available but as with Amazon Instant Video in the U.S., it’s not available on Apple TV. Read More »
Many Consumers Are Willing To Pay 20% Premium For An Apple TV: Study
The latest contribution to the speculation about a possible Apple TV comes from a survey commissioned by Morgan Stanley which quizzed 1,568 heads of households in the U.S. in September. It found that 47% were at least “somewhat interested” … Read More »
Apple Won’t Release A New TV Product This Year: Bloomberg
The entertainment industry has been waiting since last year for Apple to unveil a device that would simplify TV navigation the way the iPod and iTunes did for music. But it seems the company won’t have anything out by the end of … Read More »
Apple TV Relents And Offers Its Users Access To Hulu Plus
This could be a significant change for Apple: So far it has only made iTunes and Netflix available to Apple TV users who wanted to order movies and TV shows. Strangely, the companies aren’t saying much about the decision. There’s … Read More »
Don’t Hold Your Breath Waiting For A Game-Changing Apple TV Set: Analyst
BTIG’s Rich Greenfield is one of the few media analysts who also seems to use and critique just about every video gadget that’s ever been made. So people who are betting that Apple is about to make huge profits from a TV set that will revolutionize consumers’ relationship with the tube should pay attention to his warning this morning: It “will take longer to come to fruition than investors are likely expecting.” His view jibes with that of his BTIG colleague, Walt Piecyk, who on Monday downgraded Apple to “neutral,” in part because of his conclusion that ”no Apple TV will be released this year.” The belief that Apple is about to upend the TV market, just as it has done with music and phones, spread last year. Steve Jobs’ biographer Walter Isaacson quoted the late CEO saying that he finally “cracked” a way to make the viewing process simple and elegant. Greenfield agrees that there’s an opportunity for someone to do just that. The user interfaces and remote controls from TV manufacturers and pay TV companies “are horrible – they are the polar opposite of intuitive and they certainly don’t ‘just work’,” the analyst says. Read More »
Apple TV Sets Probably Will Be Dazzling, But Not Revolutionary: Report
The analysis out this morning from Barclays Equity Research captures the general ambivalence on the Street about the eagerly anticipated Apple television set, which the firm expects to see as early as 2013. It envisions a TV set that blends Internet and conventional TV programming enhanced by features including Apple’s Siri voice controls and an iSight camera and microphone. “Apple’s eventual television could be so much more than a TV — including gaming, video communication, content delivery, apps, computing and all the capabilities of the current Apple TV — that it is really not fair to compare it to products already on the market,” Barclays says. The TVs probably wouldn’t need to be connected to a cable set top box; they could use CableCARDs to unscramble the providers’ signal. Although that would mean no access to the operator’s VOD, Barclays says that consumers won’t mind because they’ll be able to connect to services such as Netflix and Hulu. Barclays estimates that Apple could generate $17B in revenues it it takes 5% of the TV set market. Read More »
Apple TV Opens Direct Netflix Subscriptions
This was a little buried under yesterday’s flurry of news about the changes to the Apple TV and iPad — and Netflix‘s talks to become a cable service. But the streaming video provider … Read More »
Apple’s New iPad Seen As Only Small Step Forward For Digital Infotainment
We may have to wait for Apple to unveil its much-rumored and allegedly revolutionary television set, or even the next iteration of the iPhone, in order to see how the tech giant hopes to rock the infotainment world. That’s because, at first glance, Hollywood execs and analysts say that the new iPad is virtually a non-event: It says more about Apple’s desire to protect its share of tablet sales from rivals including Amazon and Samsung — or upcoming devices built around Microsoft’s new Windows 8 operating system — than it does about any plan to shake up media. “There’s nothing game-changing” about it, says one Hollywood exec. To be sure, people say that iPad’s new HD screen and 4G broadband should improve the video-watching experience for consumers. The enhancements also will help iPad to remain the supplemental device of choice. “It will accelerate the development of the dual screen world, and the end of the set-top box” as pay TV providers try to shift TV control capabilities to tablets, says independent analyst Chris Dixon. But the updated tablet is still dinged as being Read More »
Apple CEO Says He’ll End Child Labor And Unsafe Conditions At Chinese Plants
Apple CEO Tim Cook vigorously defended his company today from charges that it has enabled the Chinese companies that produce iPhones, iPads and other products to mistreat workers with low pay, long hours, and unsafe conditions. “No one in our industry is doing more to improve working conditions than Apple,” he told the Goldman Sachs Technology and Internet Conference. “We care about every worker.” Although he says “the supply chain is complex” he adds that every worker has a right to competitive wages as well as fair and safe working conditions. “Apple suppliers must live up to this in order to do business with Apple,” he says. He added that hiring of children is “extremely rare in our supply chain, but our objective is to eliminate it totally.” He called use of child labor “a firing offense.” Apple also says it has found violations to its rule capping work at 60 hours a week but has begun to “manage working hours on a very micro basis….We can do better and we’re taking the unprecedented step of reporting this monthly on our website so its transparent.” Read More »
Report: Apple Plans iTV Launch In Canada
Apple has approached Rogers Communications and Bell Canada Enterprises to determine their interest in becoming partners for a north-of-the-border launch of the much-rumored but still unconfirmed iTV, The Globe And Mail reports. One of the paper’s unnamed sources … Read More »
Will The First Apple TV Have a 42-Inch Screen And Cost $1,499?
That would seem to be the case according to a survey from Best Buy, landed by the website The Verge, on a day that’s been filled with Apple TV speculation. The site says that Best Buy offered survey participants an opportunity to “be one of the first” to get a 42-inch Apple HDTV for $1,499. It would include Web download features from the Apple TV set top box, iCloud storage, the ability to use an iPad or iPhone as a remote control, an iSight camera and microphone that can be used for Skype calls, and access to streaming video from Netflix, YouTube, and flickr. The come-on says that Apple “finally reinvents what a TV can do.” Meanwhile, Jefferies & Co analyst Peter Misek served up an in-depth look at what he thinks an Apple iTV might do based on “our checks and an analysis of Apple’s patents.” He says there’s just a “remote” possibility that Apple would try to land exclusive content right away to challenge pay TV. Read More »

