Apple Stock News: New Products, New iOS update and New Drama

Apple Stock News on September Event

(Source: Apple.com)

According to Tech Crunch, Apple announced a ton of new devices and features this week at its September hardware event which is the hottest Apple stock news of the closing year so far. One of Apple’s big announcements is the new Apple Watch Series 6, priced at $399. The new wearable comes with a new Apple S6 silicon chip with an always-on energy-saving display. It also lands with a blood oxygen sensor. Apple also announced a newer low-cost wearable, Apple Watch SE, which it priced at $279.

Also, Apple announced it’s refreshing the iPad line-up with a new fourth-generation iPad Air. The new slimline iPad Air lands with a 10.9-inch 2360×1640 resolution Retina display and replaces the Lightning port with a USB-C cable. The new iPad Air comes with a Touch ID fingerprint sensor embedded in the power button, and a new 12-megapixel, 4K-capable rear camera.

Moreover, Apple is launching a new fitness subscription, landing at $9.99 a month or $79.99 a year. The service is available from inside the Activity app, and takes aim at in-home fitness services, which have taken off in part because of the ongoing pandemic.

Also announced, Apple is rolling its subscriptions into one place under its new Apple One plan. It includes an Apple subscription for TV, music, games, as well as iCloud storage charges. There are three tiers — one for individuals, another for families, and the top-tier includes the full package of Apple’s subscription services.

iOS 14 is Here

(Source: Apple.com)

Apple’s iOS 14 software update for the iPhone is now available to download and it is a huge Apple stock news. The software’s release date was announced just one day before it’s roll-out, catching some developers by surprise.

The update brings new features such as improved home screen widgets, the App Library, App Clips, and more. Also new in this version: compact design for incoming calls and Siri interactions, quick access to important messages and expanded privacy features.

The Maps application also gets an update and now the app offers cycling directions along bike lanes, bike paths, and bike-friendly roads. AirPods and AirPods Pro gain powerful capabilities with iOS 14. By applying directional audio filters, and subtly adjusting the frequencies each ear receives, sounds can be placed virtually anywhere in a space to provide an immersive listening experience.

A full list of all the upgrades can be found on here.

Apple Ends Barclays Credit-Card Partnership

(Source: Apple.com)

According to Bloomberg, Apple ended its longtime card partnership with Barclays Plc, a move designed to focus attention on its own Apple Card product-financing plans.

For many years, Barclays was the partner bank that Apple offered a rewards credit card. Customers will no longer have the option to apply for the credit card in retail stores or via the company’s website starting September 15, the Cupertino, California-based technology giant told retail employees in a memo.

Spotify and Apple Clash Over Subscription Bundle

(Source: TechCrunch.com)

According to Business Insider, Apple’s announcement of Apple One, a new bundle subscription service, which includes existing services such as Apple Music, Apple TV Plus, and Apple Arcade, was criticized by music streaming giant Spotify.

 “Once again, Apple is using its dominant position and unfair practices to disadvantage competitors and deprive consumers by favoring its own services,” Spotify said in a statement. “We call on competition authorities to act urgently to restrict Apple’s anti-competitive behavior, which if left unchecked, will cause irreparable harm to the developer community and threaten our collective freedoms to listen, learn, create, and connect.”

Apple responded in a statement to Reuters. “Customers can discover and enjoy alternatives to every one of Apple’s services,” it said. “We’re introducing Apple One because it is a great value for customers and a simple way to access the full range of Apple’s subscription services.”

Read More About Apple Stock News in 2020

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