Key Takeaways From Apple’s ‘Far Out’ Event

Key takeaways from apple's 'far out' event

Bloomberg Quicktake: Now published this video item, entitled “Key Takeaways From Apple’s ‘Far Out’ Event” – below is their description.

Apple Inc. unveiled a new lineup of devices Wednesday with few surprises beyond one major one: It didn’t raise its US prices during one of the worst years for inflation in decades.

At its biggest product-launch event of the year, dubbed Far Out, the company introduced the iPhone 14, fresh AirPods Pro earbuds and an Apple Watch upgrade that included a first-ever Ultra model. The iPhone retains the general look of the older version while getting camera enhancements, a long-anticipated satellite-messaging feature and — on the higher-end models — a new interface called the Dynamic Island.

Apple is betting the new features, along with the lack of a big price hike, will be enough to ward off competition from Samsung Electronics Co. and other smartphone rivals. The company now accounts for roughly half of smartphone sales in the US and looks to build on those gains.

Bloomberg Quicktake: Now YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - Bloomberg QuickTake: Now

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Recent from Bloomberg QuickTake: Now:

Global Vigils Held in Support of China’s Covid Protests

Protests Break Out Against China’s Covid Zero Policy

Hawaii’s Mauna Loa Volcano Erupts for First Time in 38 Years

In This Story: Apple Inc

Apple Inc. is an American multinational technology company headquartered in Cupertino, California. It is considered one of the Big Tech technology companies, alongside Amazon, Google, Microsoft, and Facebook.

Stock Tickers: (Nasdaq: AAPL, Nasdaq 100 component, DJIA component, S&P 100 component, S&P 500 component)

Well known products and services from the brand include the iPad tablet computer, AirPods wireless earbuds, iOS, iTunes, the Safari web browser, Apple Music, iCloud and Apple Pay.

Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976. Apple went public in 1980. In August 2018, Apple became the first publicly traded U.S. company to be valued at over $1 trillion and just two years later in August 2020 became the first $2 trillion U.S. company.

The company employs 137,000 full-time employees and maintains 510 retail stores in 25 countries as of 2020.

Apple Products #Ad

3 Recent Items: Apple Inc

Apple to Lose 6 Million iPhone Pros From Tumult at China Plant

Apple’s China Reliance Grows Perilous Amid Covid Zero

Foxconn protests: Violent clashes erupt outside giant iPhone factory in China

In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

5 Recent Items: Inflation

Underlying inflation the biggest challenge for the Fed, says New York Fed President John Williams

Retailers will take a ‘major margin hit’ from discounts: Analyst

Lagarde: Appears We Have Not Reached Peak Inflation

We haven’t seen a drop in demand over inflation concerns, says Ledbury CEO

Black Friday online sales hit record $9.12 billion amid inflation

In This Story: Samsung

Samsung Electronics Co., Ltd. is a South Korean multinational electronics corporation headquartered in the Yeongtong District of Suwon. It is the pinnacle of the Samsung chaebol, accounting for 70% of the group’s revenue in 2012.

1 Recent Items: Samsung

Clueless Gamer Outtakes: “Deathloop,” “A Plague Tale: Requiem,” & “PowerWash Simulator” | Team Coco

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.