Tuesday September 25, 2018
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Apple loses $60bn over reports of weak smartphone demand in 2018

There are reports that Apple is designing and producing its own device screens, secretly at a facility near its headquarters in California

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Trump: Apple Can Avoid Tariffs by Shifting Production to US. Pixabay
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Apple lost over $60 billion in market cap in two days after Taiwan Semiconductor, Apple’s biggest supplier, said in an earnings update that second-quarter revenues would be hit by “weak demand from the mobile sector”.

Apple shares fell nearly seven per cent on Thursday and Friday over reports of a sharper slowdown in smartphone sales this year, Financial Times reported late on Friday.

Apple could acquire the entertainment company, Netflix
Apple lost 60 billion. IANS

Not just Apple, the news led to several global chipmakers losing market valus, including Analogue Devices, Dialog Semiconductor, Qualcomm and Qorvo.

For the first time since 2009, smartphone sales in China fell last year while global sales fell in the fourth quarter of 2017 for the first time since 2004.

In another setback for the iPhone maker, its efforts to get LG Display’s OLED screens for future iPhone production line “have hit manufacturing issues”, the Wall Street Journal reported on Friday Apple is reportedly divided on whether LG will be able to succeed as Samsung’s replacement for OLED displays.

Also Read: Apple Marks Earth Day With Donations

The Cupertino-based company currently uses Samsung’s OLED displays for iPhone X. The LCD panels which are currently being used in the iPhone 8 and iPhone 8 Plus are supplied by LG. Apple Watch screen is made by LG Display. There are reports that Apple is designing and producing its own device screens, secretly at a facility near its headquarters in California. It is believed that Apple will switch to OLED displays for all of its iPhone releasing in 2019. IANS

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‘Repost’ Feature Is Not Being Planned: Intsagram

The Facebook-owned company has also debated previously the merits of adding a native "Regramming" feature and so far, the company has appeared to be firmly against it.

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Instagram
Instagram makes it easier to verify authenticity of accounts. Pixabay

Instagram has denied testing any native “Regramming” feature that could allow its one billion users to instantly repost someone else’s post to their own account, the media reported.

“Despite giving a ‘no comment’ when the report on ‘Regramming’ was initially published, Instagram now says that the feature is ‘not happening’, not being built and not being tested,” 9To5Mac reported late on Sunday.

A “Regram” is a hashtag that you use when you repost something that you saw on someone else’s Instagram, onto your Instagram account.

Instagram
Since the “Regramming” feature could make native reposting any content on Instagram as their own instantly, many users worry that it could ruin the photo-messaging app secuity wise. Pixabay

Based on two screenshots obtained by The Verge, a report earlier this week suggested that Instagram is testing a feature called “seamless sharing” that would come with a new “share to feed” option.

Currently, users are only allowed to share either public “Stories” from open accounts or “Stories” where they are mentioned on their own accounts and this gives creators and business-runners who monetise their content on the photo-messaging app the control to monitor who is sharing their work on the platform.

Since the “Regramming” feature could make native reposting any content on Instagram as their own instantly, many users worry that it could ruin the photo-messaging app secuity wise, with creators focusing on the issue of their content “going viral”, the report added.

Instagram
Instagram has also rolled out a plethora of new features to the app in recent times. Pixabay

The screenshots that The Verge claimed to have acquired displayed the “re-shared posts” appearing in the feed underneath the username and photo of the user who shared it.

Also Read: Social Media Analytics Tools Are a Must For Modern Businesses

The Facebook-owned company has also debated previously the merits of adding a native “Regramming” feature and so far, the company has appeared to be firmly against it. (IANS)

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