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'Worst of the bad news' is behind Apple when it comes to iPhone sales

'Worst of the bad news' is behind Apple when it comes to iPhone sales

"While March mix is still bad, the tone in the supply chain is staring to improve and price reductions in China may be starting to clear channel inventory," Timothy Arcuri from IBS said in a memo seen by AppleInsider. Procurement estimates for the iPhone XR are claimed to be up quarter-over-quarter in June, something unusual for an iPhone at this stage in its product cycle.UBS is boosting its June-quarter iPhone estimates from 32.5 million units to 34.5 million, though mostly on the basis that Apple is expected to sell more pre-2018 models. While UBS is predicting 3 million more iPhone XR sales, it's expecting an equal decrease in iPhone XS and iPhone XS Max shipments. That should also push iPhone ASP (average selling price) down, UBS's revised estimate for the June quarter being $655 instead of $683. Forecast revenue is nevertheless being increased from $50 billion to $50.4 billion.
Barbara Lee Files Three Pieces Of Social Justice Marijuana Legislation In One Day

Barbara Lee Files Three Pieces Of Social Justice Marijuana Legislation In One Day

Rep. Barbara Lee (D-CA) introduced three wide-ranging marijuana bills in Congress on Thursday.The congresswoman, who was named as a co-chair of the Congressional Cannabis Caucus last month, re-filed legislation to end federal cannabis prohibition, bar the federal government from using funds to interfere in state-legal marijuana programs and encourage reform policies to help communities of color participate in the legal market.
VR virtual reality May Reveal How Time is Perceived in Space

VR virtual reality May Reveal How Time is Perceived in Space

Einstein’s time-dilation hypothesis states “that time slows down the faster you travel,” according to the European Space Agency (ESA). Flying atomic clocks aboard aircraft have verified the hypothesis, and astronauts on the International Space Station (ISS) are continually studying their perception of time in space.Right now, ISS astronauts are traveling at 17,895 mph (28,800 km/h), which is so fast it’ll make them 0.007 seconds younger when they return home.  In accordance to Einstein’s prediction, astronauts on the space station say that “time seems to speed up in microgravity,” according to the ESA. How time is perceived in space is important to understand, since precision is key in many non-terrestrial experiments, so astronauts are using VR virtual reality to learn more, testing reaction times and time duration.
Samsung Galaxy S10 Hands-on: Giving the iPhone a Run for Its Money

Samsung Galaxy S10 Hands-on: Giving the iPhone a Run for Its Money

There’s always been a lot in common between the iPhone and Samsung’s Galaxy devices. With the Galaxy S10 line, announced by the company in San Francisco today, that connection is cemented in an oddly intimate fashion.
HomeStreet Bank finds a buyer for its retail loan centers: Homebridge

HomeStreet Bank finds a buyer for its retail loan centers: Homebridge

Earlier this month, HomeStreet, a community bank and mortgage lender that operates bank branches and standalone home loan centers, announced that it planned to sell off much of its entire retail mortgage operation, which includes 72 home loan centers in five states, and as nearly all of the mortgage servicing rights associated with loans originated in those retail outlets.
The iPhone is too expensive for Chinese customers, so Apple is offering them interest-free loans

The iPhone is too expensive for Chinese customers, so Apple is offering them interest-free loans

In an effort to make Apple products more affordable to Chinese consumers, Apple is working with Chinese mobile payments network Alipay to offer up to two years of interest-free financing, The Wall Street Journal first reported.
You will be able to experience AR with your own hands thanks to Levitate

You will be able to experience AR with your own hands thanks to Levitate

The EU-funded Horizon 2020 plan has brought to light a great many interesting projects. The one that most attracted my attention is Levitate, an initiative that aims to make you physically touch and interact with virtual objects shown on a display or through a VR headset.
Brooklyn DA: Prosecution of low-level marijuana cases down 98 percent

Brooklyn DA: Prosecution of low-level marijuana cases down 98 percent

Brooklyn District Attorney Eric Gonzalez said last week that his office is no longer prosecuting low-level marijuana possession cases and is vacating more than 1,400 related warrants.Over the past year, the number of simple marijuana possession cases prosecuted in Brooklyn was down by 98 percent, Gonzalez told attendees at a Community Board 2 meeting last Wednesday night.“It costs my office about $2,000 a pop to process a marijuana arrest. That’s your tax dollars and it’s not keeping us safer,” he said. “I’d rather spend that $2,000 working on a sex crime or domestic violence case.”Gonzalez said that looking over the statistics made it glaringly obvious that something was wrong with marijuana arrests in Brooklyn.
A Software Update Is Breaking Nike’s Expensive, Auto-Lacing Sneakers

A Software Update Is Breaking Nike’s Expensive, Auto-Lacing Sneakers

Michael Rivera, now 17, has been a sneakerhead since he was a little kid. His mom, who goes by Tootie, saw an opportunity: Get straight A’s in school, she told him, and you can get a pair of sneakers.Michael put his mind to it, and Tootie and her husband kept having to buy him sneakers. A deal’s a deal. With every report card with straight A’s, she got him a new pair of sneakers. “They kept getting more expensive,” she tells Deadspin. This year, he wanted something at the top of the price point: The Nike Adapt BB, a $350 performance basketball sneaker that released last week.
Mark Zuckerberg is ‘potentially interested’ in putting Facebook login on the blockchain

Mark Zuckerberg is ‘potentially interested’ in putting Facebook login on the blockchain

Facebook CEO Mark Zuckerberg says he’s “potentially interested” in putting the Facebook login on the blockchain as part of a public interview with Harvard Law professor Jonathan Zittrain. In particular, Zuckerberg said the blockchain could give users unique powers when granting data access to third-party apps.Facebook has been investing in its blockchain team that was formed last May, led by David Marcus, who was formerly the VP of Messenger. The aim of the team has been to figure out the best ways to leverage blockchain with Facebook. Earlier this month, the company acquired blockchain firm Chainspace, which works on research and development of smart contracts.


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