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.
Online tickets marketplace Vivid Seats CEO Stan Chia joined Cheddar’s "Opening Bell" to discuss the decision behind launching an IPO via a SPAC merger with Horizon Acquisition Corporation. According to Chia, it was the best route for the company as it looked to partner with a proven track record to strategize for the future. He also noted that pent-up demand for live events is as high as it's been in five years due to the pandemic. Shares are listed on the Nasdaq under the symbol SEAT.
Apple is expected to unveil a redesigned MacBook Pro, Mac Mini and the long-awaited AirPods 3 at its "Unleashed" event. We are also anticipating more information on Apple's own chip, as the chip shortage continues to ravage the tech industry. John Biggs, a writer and editor, gives a preview of the event and what we can expect from the new and improved devices.
Toyota is pledging to invest $3.4 billion into developing hybrid car batteries in the United States through 2030. The Japanese carmaker plans to establish a U.S. factory by 2025 and expects to create 1,750 jobs.