Chinese tech giant Huawei plans to introduce 'augmented reality' glasses in next one or two years
- Huawei is working on augmented reality (AR) smart glasses which could debut in the next one or two years, potentially pitting it in a race against Apple, which is reportedly working on a similar product of its own.
- The Chinese technology giant already has augmented reality apps on its latest Mate 20 Pro smartphone.
- But Richard Yu, CEO of Huawei's consumer business, told CNBC in an exclusive interview that AR glasses are in the works which could take the experience to the next level.
- Yu said the company will bring more augmented reality experiences to the smartphone first, so users become accustomed to it before the company releases the glasses.
- Microsoft has a product called HoloLens that uses augmented reality, but it's marketed to business users.
- Huawei has become a serious player in consumer electronics, recently overtaking Apple as the world's second-largest smartphone maker.
Analysts are missing the mark on shares of Apple and FANG, Cramer says
- CNBC's Jim Cramer is tired of seeing negative Wall Street coverage suffocate the stocks of Apple and FANG, his acronym for Facebook, Amazon, Netflix and Google, now Alphabet.
- But analysts, who have been peppering the iPhone maker's stock with downgrades, may be overlooking the possibility that Apple anticipated some sales weakness when it reported earnings on Nov. 1, he said.
- Still, Wall Street's "bearish freight train has run over a lot of good news," like Apple expanding a landmark deal to sell its new iPhones and iPads on Amazon, something that should have been received positively by analysts, Cramer said.
- Netflix, which Cramer admitted has an expensive stock, still has the power to raise prices, create tiers of content and land high-profile deals, he said.
- Disclosure: Cramer's charitable trust owns shares of Apple, Facebook, Amazon and Alphabet.
Spotify Is Rolling Out Its Official Apple Watch App This Week
- Spotify is delivering on its promise to release a music-streaming app for the Apple Watch after testing a beta version of the app earlier this month.
- With the new app, Spotify users can use an Apple Watch to control music, favorite songs playing on a connected iPhone, and choose which device to play songs on.
- And Apple Watches with built-in 4G LTE can’t stream music to wireless headphones, a feature that would appeal to music-loving runners.
- Part of the appeal Apple imagined the Watch having was to avoid having to pull a smartphone out of a pocket to control an app’s functions.
- Releasing a Spotify app for the Apple Watch may strengthen the music service’s appeal among Apple’s loyal customers.
- Spotify said it will be rolling out the new app to Apple Watch owners during the coming week.
Apple's Jony Ive designed a diamond ring that's literally all diamond
- Case in point: Ive and long-time collaborator Marc Newson created a diamond ring.
- Not just any diamond ring – it’s made entirely out of diamond.
- As with previous Ive auctions – like a shiny red Mac Pro and a fancy Leica camera – the ring is being sold for charity.
- Sir Jony Ive, Apple’s Chief Design Officer, and renowned industrial designer Marc Newson – having curated the (RED) auction five years ago – have, this year, designed a unique ring, made exclusively for (RED) by Diamond Foundry®.
- Creating a ring-shaped diamond is no small feat; the diamond block will be faceted with several thousand facets, some of which are as small as several hundred micrometers.
- If true, it only makes sense he’d want to make a diamond ring that’s a single chunk of diamond.
Another Apple supplier just cut its outlook (AAPL)
- Qorvo, which provides Radio Frequency (RF) solutions for Apple, on Tuesday slashed its third-quarter guidance, citing a drop in demand for flagship smartphones.
- In an annual filing, Qorvo listed Apple as its largest customer, contributing 36% of its revenue in the fiscal year of 2018.
- Chinese smartphone giant Huawei is also one of its main customers, accounting for 8% of its revenue.
- Qorvo is not the only Apple supplier to recently trim its quarterly guidance.
- Lumentum, one of Apple's facial-recognition suppliers, on Monday slashed its outlook, citing a reduced shipment request from one of its biggest customers.
- Although Lumentum did not name the firm, investors jumped to the conclusion that Apple was behind the request, speculating that iPhone sales are about to experience a declining trend.
- Apple was up 12% this year.
Intel is rushing its second 5G modem because its first one can’t win
- New chips are announced all the time, and while some turn out to be critical components in hot products, few are as important as Intel’s upcoming XMM 8160 — the chipmaker’s second 5G modem.
- The company says that it “made a strategic decision to pull in the launch of this modem by half a year to deliver a leading 5G solution,” a tacit acknowledgement that its first 5G chip, the XMM 8060, won’t be able to match the earliest efforts of top competitor Qualcomm.
- Regardless of how it’s made, Intel is saying that it expects the XMM 8160 to be available to partners in the second half of 2019, with the part shipping in initial commercial devices “in the first half of 2020.” Unless Apple gains early access, that appears to confirm the reported 2020 timeline for a 5G iPhone launch.
Spotify launches its Apple Watch app
- The music streaming service started testing it earlier this month, but the Apple Watch app doesn’t allow you to sync songs for offline playback yet.
- Spotify’s first version includes the ability to play music on the Apple Watch, or control how music is played to compatible Spotify Connect devices.
- We got an early first look at Spotify’s Apple Watch app, and it’s essentially a better way to control songs that are being played on your iPhone or other Spotify Connect devices.
- The lack of offline playback will disappoint many, especially as third-party Spotify Apple Watch apps already offer it.
- It’s a key feature that would allow Apple Watch owners to go for a run with just Bluetooth headphones and leave their iPhone at home.
- If you’re still interested in trying Spotify’s Apple Watch app, it’s rolling out to iOS users over the coming week.
Goldman Sachs is sounding the alarm on Apple — demand for new iPhones could be 'deteriorating'
- Goldman Sachs analysts have slashed their iPhone unit sales estimate by 6% and downgraded their price target after Lumentum, which makes a part needed for Apple's Face ID camera on the new iPhones, said that a major customer, believed to be Apple, had drastically cut its order.
- Apple's stock has slid over 10% since November 1, which is when the company said it would stop disclosing iPhone unit sales.
- Goldman's report is the latest evidence that analysts are now worried iPhone unit sales are going to start shrinking in the short-term, which is believed to be the reason why Apple decided to stop reporting the key metric.
- Goldman gave Apple a neutral rating and downgraded its price target to $209 from $222.
- Get the latest Goldman Sachs stock price here.
Apple patents Watch band with 2 cameras and auto-cropped videos
- Rather than placing one camera inside the Watch body, the company is considering placing twin cameras in a band, then using automatic image processing software to make photo and video recordings usable.
- By mounting two wide-angle cameras on the band, Apple suggests that users could “capture images of themselves or their surroundings,” either by using the overlapping output from both cameras together or by cropping just a person’s face from whatever the cameras are seeing.
- Automatic cropping with facial recognition is the key to using this camera system with FaceTime.
- Multiple solutions are offered, such as basic angle adjustment, using previously recorded facial data, or replacing a real face with an animoji- or memoji-style avatar.
- Though the patent was just granted today, it was filed back in September 2016, predating the release of iPhones and iPads with the depth-sensing cameras that would enable the facial scanning and real-time avatar concepts it discusses.
I downgraded from an iPhone X to an iPhone 8 — and I think I like the less expensive phone more
- The other big difference between the iPhone X and the iPhone 8 is that the more expensive phone uses Apple's Face ID face scanning to unlock the phone.
- The iPhone X is a powerful phone, but the iPhone 8 is its equal — in fact, Apple says they share the same A11 chip.
- I get that Apple's designers want the phone to look like a "single sheet of glass," but in practice, I didn't use the edge-to-edge screen that much.
- It has Apple's Face ID security system and better battery life, but it also lacks the zoom lens I like.
- If I wanted to replace my old phone with a similar device, I'd have to get an iPhone XS, which costs $999 and has a few updates, including a faster processor.