Michael Simon, staff writer for PC World, discusses Apple's 11.3 iOS announcement, as well as the HomePod which is now available for pre-order. He also explores what China's first ever annual decline in phone shipments could mean.
Simon says iOS 11.3 will finally allow users to check the health of their batteries, a growing issue for customers. The iOS 11.3 will also offer new Animojis. Apple says the update is due out this spring.
Simon also discusses Apple's new HomePod, now available for pre-order. While the company has a loyal following of people who will definitely purchase the product, he doesn't see most people paying $349 when Amazon's Echo is just $99. Concerning China's decline in phone shipments, Simon says Americans will always buy new phones for new features, but China is a different market and Apple will need to learn how to adjust.
Tesla reported record profits for an electric fourth quarter, but investors still have plenty of questions. The EV giant will not be releasing any new vehicles this year and provided no updates on its Cybertruck. Cheddar News was joined by Ed Butowsky, Chapwood Investments Managing Partner to go over Tesla's quarter and analyze its concerns going forward.
Julius De Kempenaer, Senior Technical Analyst at Stockcharts.com, joined Cheddar News to break down what led to Apple's massive quarter, and what the future may hold for the tech giant as competition with Microsoft ramps up.
NFT art platform TRLab recently raised $4.2 million in funding. TRLab launched just last year but says its platform focused on NFT curation and distribution is growing quickly. The company hopes to bridge traditional and digital art worlds and help artists explore NFTs as an emerging medium. TRLab co-founder and chairwoman Xin Li-Cohen and co-founder and CEO Audrey Ou joined Cheddar News' Closing Bell to discuss.
Chris Vecchio, senior analyst at DailyFX, joins Cheddar News to discuss what investors should watch as the three major indexes see wild swings all week.
