Technology - Google News

First Look at the Foldable Moto Razr? - Droid Life

Posted: 21 Jan 2019 08:48 AM PST

Should Lenovo and Motorola revive the Razr brand (again), a report from just last week stated that they may do so with a $1,500 foldable phone that has a foldable display inside. A filing with the World Intellectual Property Organization (WIPO) could have given us our first look this morning.

The filing shows off a dual-screened phone that looks a lot like previous Moto Razr flip phones. In fact, if you know the older Razr phones, the images at the top of the post might bring back some memories.

There aren’t many details revealed by this possible-future phone, but you can see that when shut, you’ve got a smaller screen that sits above a camera. When opened, that small screen and camera move to the backside and you get a lengthy display inside. That display features a notch up top, iconic chin at the bottom, and a whole bunch of the 2005.

Why do I want one?

// WPO | 91 Mobiles | The Verge

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The End Of Apple - Forbes

Posted: 21 Jan 2019 06:19 AM PST

“Oh man, that’s almost a month’s rent for me…”

Here I am sitting in a cab in New York City.

I’m headed uptown to Columbia University where we’ll hold the first-ever American Disruption Summit. (You can register to watch for free here.)

The driver and I are talking about the absurd price tag of the latest Apple (AAPL) iPhone.

He’s shocked when I tell him the cheapest model is $1,149.

“Who can afford that?” he asks.

Apple’s Imminent Crash Has Begun

Apple has had an incredible decade.

Since the iPhone debuted in 2007, the company’s sales have jumped tenfold. The stock has soared over 700%.

And up until last November, it was the world’s largest publicly traded company.

But two weeks ago, Apple issued a rare warning that shocked investors.

For the first time since 2002, the company slashed its earnings forecast. The stock plunged 10% for its worst day in six years.

This capped off a horrible few months in which Apple stock crashed about 35% from its November peak.

Apple WipeoutRiskHedge

That erased $446 billion in shareholder value—the biggest wipeout of wealth in a single stock ever.

And it’s only the beginning…

Apple’s Strong Revenue Growth Hides a Dirty Secret

If you looked at Apple’s sales numbers, you wouldn’t see anything wrong.

Since 2001, Apple has seen steady revenue growth:

Apple SalesRiskHedge

By this measure, Apple’s business seems perfectly healthy. But there’s a secret hidden behind these headline numbers.

Despite the revenue growth, Apple is selling fewer iPhones every year.

In fact, iPhone unit sales peaked way back in 2015. Last year, Apple sold 14 million fewer phones than it did three years ago.

Apple Kept Revenue Growth Only by Raising iPhone Prices

In 2010, you could buy a brand-new iPhone 4 for 199 bucks.

In 2014, the newly released iPhone 6 cost 299 bucks.

Today the cheapest model of the latest iPhone X costs $1,149!

It’s a 500% hike from what Apple charged eight years ago.

But technology always gets cheaper over time.

Not so long ago, a flat-screen high-definition TV was a luxury. Even a small one cost thousands of dollars. Today you can get a 55-inch one from Best Buy for $500.

In 1984, Motorola sold the first cell phone for $4,000. The average price for a smartphone today is $320, according to research firm IDC.

Cell phone prices have come down roughly 92%. And yet, Apple has hiked its smartphone prices by 500%!

Frankly, it’s remarkable that Apple has managed to pull this off.

But let me tell you this…

Apple Can’t Raise Prices Anymore

It comes down to the lifecycle of disruptive businesses.

Twelve years ago, only 120 million people owned a cell phone. Today over five billion people own a smartphone, according to IDC.

Apple was the driving force behind this explosion. As the dominant player in a rapidly growing market, it become the most profitable publicly traded company in history.

Then iPhone sales growth stalled in 2015. This would’ve been the end for most businesses.

But Apple did a masterful job of extending its prime through price hikes.

Its prestigious brand and army of die-hard fans allowed it to charge prices that seemed crazy just a few years ago.

But now iPhone price hikes have gone about as far as they can go.

After all, what’s the most you would pay for a smartphone?

$1,500?

$2,000?

How bad is this? It’s so bad that Apple now keeps it a secret.

In November, Apple announced it would stop disclosing iPhone unit sales.

This is a very important piece of information. Investors deserve to know it. Yet Apple now keeps it secret.

Keep in Mind, the iPhone is Apple’s Crown Jewel

iPhone generates two-thirds of Apple’s overall sales.

Let that sink in…

A publicly traded company that makes most of its money from selling phones is no longer telling investors how many phones it sells!

And its other business lines can’t pick up the slack for falling iPhone sales.

Twenty percent of Apple’s revenue comes from iPads and computers. Those segments are also stagnant.

Which means 86% of Apple’s business is going nowhere.

Could Apple go the other way and slash iPhone prices?

I ran the numbers.

If Apple cut prices back to 2016 levels, it would have to sell 41 million additional phones just to match 2018’s revenue.

Will Apple Meet Nokia’s Fate?

Before Apple, Nokia (NOK) was king of cell phones.

In 2007 the front-cover headline of a major business magazine read:

“Nokia: One billion customers—can anyone catch the cell phone king?”

The iPhone debuted in 2007. Here’s Nokia’s stock chart since then:

NokiaRiskHedge

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