Apple Stock News: Potential Acquisition of Electronic Arts
Apple Stock News: Apple recently held talks with Electronic Arts (EA) about a potential purchase. EA is a major game publisher and is known for gaming franchises that include “The Sims,” “Battlefield,” “Apex Legends,” “SimCity,” “DragonAge,” “FIFA,” and more. Apple, Amazon, and Disney show the possibility to look for merger opportunities. Even though these companies declined to comment on it, Apple does show interest in gaming due to its Apple Arcade service.
EA CEO Andrew Wilson wants to remain at the head of the company following a merger, which could cause issues should Apple opt to purchase the company. There have been some questionable rumors about Apple aiming to compete in the AAA gaming space, releasing titles that rival those available on PlayStation and Xbox consoles, but so far the company has stuck to simpler games designed for iPhone, iPad, and Apple TV.
Apple Increases Apple Music Subscription Price
“Thank you for subscribing to Apple Music. We wanted to let you know about upcoming changes to this subscription, “Apple wrote in an email to student subscribers to Apple Music. “Apple is increasing the subscription price from $1.49 per month to $1.99 per month,” Apple wrote in an email to customers in South Africa. Apple has raised the price of its Apple Music subscriptions for college students in several countries, notifying students via email that their subscription prices will rise slightly in the future.
Apple offers students a discount on Apple Music compared to the company’s regular individual plan. In the US, Apple Music costs $4.99 a month for college students, compared to the standard $9.99. Customers can also get Apple Music bundled with the Apple One, which offers a variety of Apple services starting at $14.95 a month.
At Least One iPhone 14 Model Three Weeks Behind Schedule
According to the new report, the development of at least one iPhone 14 model is three weeks behind schedule because of a Blockade in China, which is in a worst-case scenario could affect initial production. It is not clear which model is being directly impacted by the delays caused by the lockdowns. Apple is expected to introduce four new iPhones this year. After seeing lackluster sales of the iPhone 13 Mini, Apple is offering a larger version of its flagship device for the 2022 iPhone: The 6.1-inch iPhone 14, 6.1-inch iPhone 14 Pro, 6.7-inch iPhone 14 Max and 6.7-inch Port iPhone 14 Pro are the largest.
Production is said to have been hampered by restrictions still in place in terms of living and travel in the greater Shanghai area. The operation of the entire supply chain in China hasn’t yet returned to normal, despite a relaxing of restrictions in Shanghai and its neighboring regions.