Connect with us

Technologies

Apple warns of more supply chain woes after iPhone 13 drives revenue surge

The tech giant’s financial disclosures follow the release of new Mac computers, iPads and the iPhone 13.

Apple warned on Thursday that it continues to struggle with supply chain disruptions as it ramps up for an expected holiday shopping crunch following the release of its iPhone 13, new iPads, Apple Watches and Mac computers.

Apple said that iPhone sales jumped nearly 47% in the three months ended Sept. 25, as consumers snatched up the new iPhone 13. But Apple said its sales could have even been higher if not for the continued spread of the coronavirus pandemic, which has disrupted businesses across the globe. For Apple that led to a more limited number of products it could make and ship to customers.

Apple CEO Tim Cook said the company missed out on as much as $6 billion in revenue as a result of constrained supplies, primarily driven by silicon chip shortages and manufacturing disruptions. «We are optimistic about the future, especially as we see strong demand for new products,» he told analysts on a conference call.

Still, even though the company expects supply constraints to continue through the holidays, CFO Luca Maestri said he expects Apple to set new sales records during the holiday shopping season.

Apple’s financial disclosures add to a growing tapestry of information about the world economy amid the pandemic. The pandemic upended what turned out to be fragile supply chains around the globe when it ripped through manufacturing and shipping hubs at the beginning of last year. Now, as the holiday shopping season begins, questions remain about potential supply shortages.

In response, large retailers such as Target, Best Buy, Amazon and even Macy’s have begun rolling out early Black Friday deals before Halloween in an effort to draw people to shop now.

As for Apple, many of its newly launched products are already on back order, with the company quoting shipping times for new iPhones into November and new Macs into December. That all speaks to how much Apple’s struggled to keep up with demand.

It also likely helps that Apple’s fiscal fourth quarter included launches for highly anticipated products, including a more rugged $399 Apple Watch Series 7, updated $329 entry-level iPad, and redesigned $499 iPad Mini. The biggest release though was the series of iPhone 13 models, starting at $699.

The company said it tallied $38.8 billion in iPhone sales, up from $26.4 billion the same time a year earlier. Some of that can be attributed to quirks of the calendar. Apple released its iPhone 12 last year a few weeks later than usual, and as a result, its iPhone sales took a hit. This year, Apple stuck to its typical schedule of releasing new iPhones in September.

All told, Apple said it notched profits of $20.5 billion, up 62% from the same last year. That translates to $1.24 per share in profit, off $83.36 billion in overall revenue, which itself was up more than 28% from the $64.7 billion reported last year. But it was below analysts’ average estimates, which were $1.24 per share in profits on nearly $84.9 billion in revenue, according to surveys published by Yahoo Finance.

«It’s difficult to predict COVID,» Cook said. He added that he believes Apple’s still in a «materially better» position than it was earlier this year.

Apple’s stock closed regular trading up 2.5% to $152.57 per share. The stock’s risen nearly 18% so far this year, valuing the company at more than $2.5 trillion.

Supply shortages

The tech industry’s supply issues stretch back more than a year. Initially, industry executives said, many companies lowered orders for products out of fear for decreased demand when the pandemic was just starting last year. That, mixed with waves of illness and manufacturing shutdowns, led to supply shortages as people ramped up online shopping.

Chip shortages have extended well past the tech industry too. It’s kept Sony from being able to produce enough of its PlayStation 5 consoles to meet demand. But it’s also kept Ford from being able to make its F-150 trucks.

Read more: Why your iPhone may never be «Made in America»

Apple’s Cook said that most of the supply shortages it’s facing are among older chips, though the company didn’t say which products or chips in particular it’s referring to. But he did say that getting enough newer chips isn’t as much of an issue.

«What we’re doing is working with our partners, and making sure that they have supply,» he said. Apple’s reworked some of its manufacturing, he added, to have as many products ready for chips as possible. That way, a chip can roll off the manufacturing line, into a product and shipping «as fast as possible.»

By the numbers

Apple said it set a record for Mac sales at nearly $9.2 billion, up slightly from the $9 billion a year earlier, despite the struggles it’s faced to get products to customers.

Apple said its success is primarily driven by the company’s new M1 chips, microprocessing brains designed by the teams that work on the iPhone. These chips, which were first released last year, have been well received by reviewers, who say they’re able to perform well when compared to previous Mac computers. Apple had relied on Intel chips to power its computers for about 15 years.

«After nearly a year, I can say the Intel-to-M1 transition has been relatively smooth,» CNET reviewer Dan Ackerman wrote of the new Mac computers. «The best thing I can say about the M1 chip is that it’s largely transparent to the everyday MacBook Air user, which is exactly what you want from a big under-the-hood change like this.»

Apple’s iPad sales jumped 21% to $8.2 billion. Its segment called «wearables, home and accessories,» which includes the HomePod Mini and Apple Watch, jumped more than 11% to nearly $8.8 billion. Services revenue, including from the company’s $5-a-month Apple TV Plus service, rose 26% to nearly $18.3 billion.

Apple said nearly a third of its revenue now comes from developing countries. Sales in Greater China nearly doubled to $14.5 billion from the year earlier, while sales in the Americas jumped 20% to $36.8 billion, Europe rose 23% to $20.8 billion, and Japan ticked up 19%. Revenue from the rest of Asia Pacific rose 25% to $5.2 billion.

Technologies

Google Upgrades Maps Features With More Gemini and Faster Photo Uploads

Google Maps strengthens its crowdsourcing efforts for its 500 million contributors.

Google announced three new features for Maps on Tuesday that should streamline sharing your experiences. Despite being a strong maps application itself, Google relies on everyday users to contribute their reviews, photos and videos so others doing research can make more informed decisions about places they plan to visit. With the new updates to Google Maps, you can access your photos faster to contribute to information about places you’ve been. You can also choose to have Google’s AI model, Gemini, caption your photos and more quickly check the contributions you’ve made in the past.

New photo and video recommendations

It’s not hard to share photos or videos for a location on Google Maps, but the app will now offer photo and video suggestions from your saved images — if you give it permission to do so. The new feature will appear on the Contribute tab at the bottom of the maps app. When scrolling through the view, you’ll see photo and video recommendations or the option to upload other photos. 

How the specific photo and video recommendations are determined isn’t clear, but the new feature will likely use a photo’s geolocation if that setting is enabled in your camera’s settings. 

A Google representative didn’t immediately respond to a request for comment. 

This feature is now available globally on Android and will expand to iOS in the coming months. 

Gemini will auto-caption your photos

Google’s giving your photos some Gemini power by automatically analyzing and captioning them once you’ve selected them to share. This could be helpful in situations where you have selected several photos you don’t care to caption.

If you don’t like what Gemini comes up with, you can edit or remove the caption completely before publishing your photos to Maps. 

Gemini captions are available in English on iOS and will expand to other languages globally and Android in the future. 

New ways to view your contributions

You can now show off your prior contributions to Google’s Local Guide community program.

When you contribute, you gain points, and the more you contribute, the more you can level up as a Local Guide. All your points and badges are now prominently displayed on your profile. Google’s also adding gold profiles for high-level contributors, so you know you’re reading reviews from experienced users. 

The new contributor updates are rolling out now on Android, iOS and desktop.

Continue Reading

Technologies

This New Health-Tracking Pet Collar Is Like a Smartwatch for Dogs and Cats

Tractive announces two new smart collars armed with GPS tracking, AI-powered health monitoring and other tech tools.

Our pets can’t speak up and tell us how they’re feeling, or why and where they are hiding. Tractive, an Austria- and Seattle-based tech company that creates GPS tracking devices for pets, announced on Wednesday two new smart collars that, according to the press release, «will redefine pet care for millions of families.»

Is your pet stressed, breathing unusually or scratching too much? Much like the basic health-tracking features you can find on a smartwatch, the collars — the Cat 6 Mini ($79) and Dog 6 XL ($89) — are designed to track this behavior and communicate the issues to help maintain your dog or cat’s quality of life.

«Pets can’t tell us when something is wrong, but their bodies can,» Michael Hurnaus, CEO and founder of Tractive, said in a statement. «With cutting-edge sensors on every tracker, learnings from millions of pets and AI-powered insights, we’re turning one of the world’s largest pet data platforms into clear, simple information so pet parents can act sooner and care even better.»

When it comes to tracking collars, dogs have usually been the target pet audience for such devices. Tractive’s new Cat 6 Mini collar aims to provide the same service for your feline friend. You can use it to monitor your cat’s respiratory rate and resting heart rate and identify any health concerns early. It’s expected to ship on May 31.

The Dog 6 XL collar, an upgrade from the company’s previous dog wearable, is designed for dogs weighing over 55 pounds. It’s more durable for outdoor use and offers up to four weeks of battery life between charges. It comes equipped with a scratch-monitoring system that flags unusual scratching behavior caused by allergies, skin irritants and other stressors. 

You can also use the app to access your pet’s travels and mark safe zones regarding walks, entries and exits. An AI-powered health hub displays your pet’s overall health stats and also acts as a GPS tracker in case your dog or cat goes missing. 

How would a veterinarian interact with the data collected on the device? 

A Tractive representative told CNET, «In our experience, veterinarians are most interested in baseline resting heart and respiratory rate, so it’s less about monitoring these vitals in real time during recovery from anesthesia/acute care and more about understanding if the baseline is changing day to day to identify the onset of new conditions or manage existing ones.» 

Even though the collars use a SIM card and require a strong cellular connection to work properly, they can capture activity, sleep and health data while offline. However, without connectivity, the devices «ultimately will not provide any utility,» the representative confirmed.

You’ll need to download the accompanying app and select a separate subscription plan at an added cost. The one-year plan costs $120, the two-year plan costs $168, and the five-year plan costs $300. 

Continue Reading

Technologies

Today’s NYT Strands Hints, Answers and Help for April 9 #767

Here are hints and answers for the NYT Strands puzzle for April 9, No. 767.

Looking for the most recent Strands answer? Click here for our daily Strands hints, as well as our daily answers and hints for The New York Times Mini Crossword, Wordle, Connections and Connections: Sports Edition puzzles.


Today’s NYT Strands puzzle could be tough, unless you’re an artist. Even then, some of the answers are difficult to unscramble, so if you need hints and answers, read on.

I go into depth about the rules for Strands in this story. 

If you’re looking for today’s Wordle, Connections and Mini Crossword answers, you can visit CNET’s NYT puzzle hints page.

Read more: NYT Connections Turns 1: These Are the 5 Toughest Puzzles So Far

Hint for today’s Strands puzzle

Today’s Strands theme is: In the paint.

If that doesn’t help you, here’s a clue: Hand me a brush.

Clue words to unlock in-game hints

Your goal is to find hidden words that fit the puzzle’s theme. If you’re stuck, find any words you can. Every time you find three words of four letters or more, Strands will reveal one of the theme words. These are the words I used to get those hints but any words of four or more letters that you find will work:

  • COME, PATS, SPAT, SLOE, MEAN, LEAN, MANE, RATE, PEER, LATE, RATER

Answers for today’s Strands puzzle

These are the answers that tie into the theme. The goal of the puzzle is to find them all, including the spangram, a theme word that reaches from one side of the puzzle to the other. When you have all of them (I originally thought there were always eight but learned that the number can vary), every letter on the board will be used. Here are the nonspangram answers:

  • FRESCO, PASTEL, ENAMEL, ACRYLIC, TEMPERA, WATERCOLOR

Today’s Strands spangram

Today’s Strands spangram is MEDIUM, the art term! To find it, start with the M that’s four letters down on the far-left vertical row, and travel straight across.

Continue Reading

Trending

Copyright © Verum World Media