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Top 10 Stories of the Week
It is Sunday today, which means it’s high time I told you about the most interesting posts of the last couple of days.
Since the release of the next-generation iPhone is becoming closer, more and more rumors about the device appear online. Below you can find the information about the design peculiarities and possible tech specs of the upcoming iPhone 7 and iPhone 7 Plus. Apart from that, there’re some posts that deal with iPhone sales, Apple’s market capitalization and Apple Music.
Apple Loses Another Stakeholder Because of Poor Sales
One of key investors has recently sold his stake in Apple. According to the latest report first shared by Business Insider UK, billionaire David Tepper has decided to end his relationship with Apple because of weak iPhone sales and unclear situation with the Cupertino-based tech giant and the Chinese market. As noted by the analysts, Tepper’s share was valued at about $133 million.
Apple Releases New Apple Music Commercial Starring Taylor Swift
Apple has just released a new Apple Music commercial starring Taylor Swift. The ad is called “Dance Like No One's Watching”, it is available on Apple’s official YouTube channel and in this short post.
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Google Becomes World’s Most Valuable Company
Alphabet, Google’s parent company, has recently surpassed Apple and became the most expensive company in the world. Alphabet’s market capitalization is now equal to about $498.56 billion while the one of Apple is about $496.69 billion. Apple’s position has become much worse over the last couple of weeks because of the first decline in iPhone sales in the history. Even more, weak iPhone, iPad and Mac sales still continue to influence Apple’s market capitalization.
Take A Look at New Video Showing iPhone 7 and iPhone 7 Plus Mockups
If you’re interested in how the iPhone 7 might look like, you will surely like the latest video shared by uSwitch and OnLeaks. This short clip is based on the most recent leaks of CAD drawings and offers a 360 degree look at the mockups of the iPhone 7 and iPhone 7 Plus. Both handsets are expected to be unveiled in September and feature some noticeable design changes.
The video proves earlier rumors that suggest Apple will ditch the headphone jack and redesign the antenna bands of the iPhone. Apart from that, we can see the rumored dual camera on the larger model. Finally, the iPhone 7 Plus has a Smart Connector.
Apple to Terminate iTunes Music Downloads in 2-4 Years… Or Not?
According to the report that appeared online on Wednesday, Apple plans to terminate iTunes music downloads within the next 2-4 years. The reason for termination of digital music downloads most likely connected with weak music sales over the last couple of year and growing popularity of streaming music services like Apple Music in many countries. In fact, music industry experts claim that by 2020, the revenue from Apple Music may be 10 times larger than the revenue from iTunes music downloads.
