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Tag Archives: apple

What We’ll See at Samsung Unpacked Today: Galaxy S20, Z Flip Foldable, Galaxy Buds Plus

Samsung Unpacked event 2020 is set today. The company is expected to release to the market its new devices including Galaxy S20, Z Flip foldable and also Galaxy Buds Plus.Samsung Unpacked 2020 event is set to take place today at 2 PM ET/ 11 AM PT as announced earlier through its official web page. Samsung is one of the world’s largest phone maker. That’s why it is a huge tech day as the company is set to unveil its new flagship foldable devices that will compete with other devices already in...

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Airbnb Suspends Beijing Check-Ins till March Due to Coronavirus Outbreak

With China under the lockdown of the coronavirus outbreak, Airbnb has decided to suspend all bookings in the capital city of Beijing until Feb 29. The company has also issued refunds to all the people who had to cancel them due to local regulatory rules.San Francisco-based real estate rental giant Airbnb has recently all of its check-ins at Beijing listing until March 2020. The recent move comes in accordance with the local regulations which seek to curb the spread of the coronavirus...

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Amazon CEO Jeff Bezos Continues His Shares Selling Spree, AMZN Stock Price Stays Stable

In a quest to fund the Blue Origin project, Amazon CEO Jeff Bezos continued with his initial plan to sell shares. He has now sold $3.5 billion worth of shares in a week after AMZN stock jumped higher and the company joined the $1 trillion club.Amazon CEO Jeff Bezos has sold almost $3.5 Billion worth of Amazon’s (AMZN) shares in the last one week, in the quest to fund his aerospace project Blue Origin. According to filings from the Securities and Exchange Commission (SEC), Jeff sold slightly...

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APPL Stock Is Under Close Watch as Coronavirus Outbreak Disrupts Apple’s Supply Chain

During the start of 2020, Apple asked its suppliers to produce nearly 45 million AirPod units in the first half of the year owing to high demand. However, suppliers in China have to shut down production due to the coronavirus epidemic putting breaks on Apple’s sales targets.The coronavirus outbreak in China has raised major concerns across the globe. The news of the virus spread over the last month is haunting global markets at this point. Even the world’s most valued company Apple Inc. is...

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Tesla Decides to Close Its Stores in China Due to Coronavirus Fears, TSLA Stock Is in Red

Tesla has been affected by the pressure from the coronavirus outbreak in China, where it has decided to temporarily close all its stores. The move will delay unit delivery to customers who had ordered. TSLA stock price is falling.The American electric automaker company Tesla has temporarily closed its stores in the entire mainland China due to fears of coronavirus spread. The move was not welcomed warmly by the customers who were waiting for unit delivery in February. As a result, in the...

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Coronavirus Updates: China Decries International Travel Restrictions Even as Death Toll Nears 600

The new coronavirus strain which originated in China has spurred a few related developments. Here are some updates we’ve compiled.Coinspeaker has a few updates sparked by the undesired effects of the coronavirus as it continues its fatal spread in China. The government in China, is currently taking several measures to control the spread. Similarly, other countries are doing the same. However, the Chinese government is unhappy with the restrictions.China Decries Coronavirus Travel...

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Amazon Is a New Member of $1 Trillion Club after Months of Flirting

Amazon joined Microsoft, Apple, and Google (Alphabet Inc) to rank among the wealthiest companies in the U.S. with a market cap of over one trillion dollars on February 4, 2020. Now it is a new member of the elite $1 trillion club.Amazon joined Microsoft, Apple, and Google’s parent Alphabet to tank among the wealthiest companies in the U.S. The other three entered the elite club for the first time in January 2020. All of them together make up the “Trillion Dollar Club.”Up to today, only these...

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Visa’s Quarterly Earnings Excite Many and Here’s Why

Visa’s quarterly earnings came through last week. The first-quarter results were exciting for many investors. But they have been in line with expectations. Revenues hit about $6.05 billion. Earnings per share were about $1.46 as well. This has led to many wondering if centralized payments are still the way to go. It is also a 10% increase from 2018. It has also reinforced the common belief that the payments industry is still going strong. This also is in line with post-earnings forecasts...

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Sony Beats Its Annual Profit Forecast by 5% but Warns on Coronavirus Impact

Sony managed to beat all analyst predictions by 5% for their annual profit outlook. The Japanese company went up to 880 billion yen in profit while 22 analysts from Refinitiv predicted 878 billion yen. Also, when looking at the October to December quarter, Sony profit mainly dropped, but it didn’t drop as much as the analysts predicted. The profit dropped 20% to 300.1 billion yen, while the analysts forecasted 271 billion yen.Sony controls almost half of the world’s smartphone image sensor...

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Apple’s Sales of 1 Million iPhones Are Slown Down by Coronavirus, Stores Closed in China

The Coronavirus has slowed sales of Apple‘s iPhones. Reports indicate that the technology giant decided to shut down its stores in China. This comes as the coronavirus has spread all over China and entered several other countries. Analysts have speculated that this decision amid the coronavirus could lead to a sales slowdown of up to 1 million iPhones. However, this accounts for only around 3% of Apple’s total annual Chinese iPhone sales. Analysts have speculated that this won’t affect the...

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