Apple Shares Hit All Time High Ahead of iPhone Launch

Earlier today, Apple sent out press invites to its iPhone launch event on September 12. The event is scheduled to take place at the Steve Jobs Theatre at Apple’s new Apple Park campus.

Riding on speculation that the company is gearing up to launch three new iPhones this year, Apple’s share rose up to an all time high of $228 at one point today. The company is widely expected to unveil quite a lot of hardware at the event including the three new iPhones (two of which leaked earlier today), the Apple Watch Series 4 (which also leaked earlier today), along with a new iPad Pro, and refreshed iMac and iMac Pro workstation desktops.

The Cupertino giant is expected to a have a good year with iPhone sales this time around, a speculation further supported by a recent survey that mentioned around 50% iPhone users in the US are looking forward to upgrading their iPhones this time around.

Of the three iPhones that Apple is expected to launch this year, two are rumored to be OLED touting models with a 5.8-inch and a 6.5-inch displays, and will probably also come in gold colors as suggested by the leaked image from today, and the fact that Apple had sought permission from the FCC to launch gold color variants of its iPhones. The company is expected to launch a third iPhone with an LCD screen with an aggressive pricing expected to start at $699.

Recently, US investor Warren Buffet also said that he has purchased even more of Apple’s stock, and expressed his opinions on the pricing for the iPhone X. He said that the iPhone was “enormously underpriced” seeing as it is indispensable for so many people.

Comments

Lenovo IdeaPad Slim 5i Review: A Powerful Workhorse

It’s been quite some time since Intel announced its 11th-gen laptop processors, complete with the new logo design and Intel Iris Xe graphics. And yet, so far I’ve not gotten my hands on a laptop packing the new processor and iGPU. That all changed when Lenovo sent over the IdeaPad Slim 5i (Rs. 61,990) with […] The article Lenovo IdeaPad Slim 5i Review: A Powerful Workhorse was first published on Beebom

Twitter Wants to Build an ‘Open and Decentralized’ Social Media Platform

In an attempt to create a Facebook competitor, which everyone flocks to, Twitter became increasingly centralized over the years. Twitter CEO Jack Dorsey believes that’s the case and has now tweeted a lengthy plan to fund research to build an open and decentralized standard for social media platforms. It will “ultimately become a standard” that Twitter’s client will be based upon. Dubbed Bluesky, this project will see a team of up to five researchers , which could include open-source architects, engineers, and designers, being on-boarded in the near future. Currently, Bluesky has no team members but Dorsey tweeted that Twitter’s CTO Parag Agrawal has been tasked with finding a lead. The folks over at Firefox have already extended a helping hand, saying how the non-profit has contributed to decentralization. Enough jibber-jabber, but what exactly is Bluesky? And what does it intend to achieve? Dorsey, in his tweetstorm , states that the challenges being faced by centralized social

Mysterious Drones Spotted in Colorado and Nebraska; Sources Unknown

A group of drones was reportedly been spotted in the sky at night last week in Colorado and Nebraska that made the residents anxious and worried. The police officials in charge have no idea regarding where these drones are from. “They’ve been doing a grid search, a grid pattern. They fly one square and then they fly another square,” Colorado’s Phillips County Sheriff Thomas Elliot told the Denver Post. The drones have an approximate six-foot wingspan and stay 200 to 300 feet away from buildings. At least 17 drones have been spotted till now. They appear at around 7 PM at night and disappear at around 10 PM . Until now, the drones have not been caught doing any illegal or unofficial activities. “They do not seem to be malicious. They don’t seem to be doing anything that would indicate criminal activity,” Sheriff Elliott added. The Federal Aviation Agency, the Air Force, Drug Enforcement Administration, and US Army Forces Command confirmed that the drones did not belong to them.

Techno Bhogi

Search This Blog