Apple is going into the car business. According to BusinessInsider, an Apple employee wrote to say that his group was working on something that will, "give Tesla a run for its money." Bryan Chaffin says his own sources back this up.
It makes sense. Apple just turned in its best quarter ever, so the folks who don't get Apple feel compelled to double down on their predictions of the company's inevitable fall. It would seem that Apple Is Doomed is becoming its own religion—it certainly requires faith in the face of facts. And that brings us to our 66th entry in the Apple Death Knell Counter.
Apple had planned on using synthetic sapphire glass for the iPhone 6 and iPhone 6 Plus display, but those plans fell apart when its partner supplier GT Advanced Technologies imploded and filed for bankruptcy protection. When the iPhone 6 shipped with what Apple called Ion-X glass instead, that led to speculation and hope that maybe the next iPhone models would ship with sapphire glass surfaces. Those hopes will only lead to disappointment because they won't, and that's going to be a big win for Corning's Gorilla Glass.
There's a quiet, yet potentially game changing tempest brewing in the background in the world of search. This might be surprising, considering everyone knows Google won the search wars, but what is even more interesting is that the key player is Apple. Or rather, the desktop and mobile empire united by Apple's Safari Web browser.
Under Armour has its sites on topping Fitbit to be the biggest name in the fitness tracker market and is spending US$560 million to buy MyFitnessPal along with Endomondo to make that happen. The purchases give Under Armour 120 million users for its combined fitness platform—a number it says makes it the world's largest fitness and wellness community.
Federal Communication Commission Chairman Tom Wheeler made it clear on Wednesday that he wants to move forward with his plan to use Title II from the Communications Act to regulate Internet service providers and block them from creating Internet fast lanes. Mr. Wheeler's announcement is being heralded as a big win for net neutrality, which seems a bit premature. The FCC still has to vote on his proposal, and assuming it's approved, will then face a legal onslaught from the likes of Verizon and AT&T.
Slowly, we're coming to appreciate how Apple is going to create the purchase experience for the Apple Watch. Because of the unique nature of this product, combined with supply constraints, Apple will probably have several, tweaked rollout stages.
When quizzed about its tax practices, Apple CEO Tim Cook told a Senate subcommittee his company complies with the law, and if that didn't sit well then Congress should come up with new laws. It looks like lawmakers may finally be taking his advice, and even President Barack Obama is looking for ways to get at the money Apple and other major corporations are holding outside of the country.
A bipartisan bill is on its way to the U.S. Senate that hopes to coax large corporations like Apple to bring money they're holding off shore into the country. The bill will give companies a substantial tax break—6.5 percent instead of 35 percent—for repatriating their money, although there are some strings attached which may make it a hard sell to law makers and corporations alike.
Apple is running neck and neck with Samsung in global smartphone sales. Though Samsung was once the king of smartphone numbers—though never the king of smartphone profits—Apple closed the gap in the December quarter, according to Strategy Analytics.
TMO Weekly Sponsor
ACM 300: Amazon Dash, Tesla’s Diversification, and The Woz on Apple
It's Apple Context Machine's 300th episode, and Apple's 39th anniversary. Jeff and Bryan have plenty to cover today ranging from…
TMO Daily Observations 2015-04-01: Understanding the Apple Watch In-store Purchase System
Apple's system for dealing with Apple Watch try-ons and purchases is pretty slick, and TMO found out how it's going…
Hear From TMO