Apple has apologized for slowing down older iPhones and temporarily dropped prices for a replacement battery, but will it be enough to make customers happy? Zac Hall, Editor at 9to5Mac joins Cheddar to discuss.
The tech company said it issued a software update that slowed down older phones in some situations to extend battery life. Along with Apple's apology, the company also promised a new iOS update to fix the software issues. Hall says this blunder is worse than 2010's "antenna-gate", in which iPhone 4 users had issues with dropped calls.
In addition, Hall makes a few predictions on when the HomePod will be available for purchase and new phones on the docket for 2018. He talks about what investors are looking for in 2018 and how Apple will continue to dominate the tech space.
Despite challenges like inflation, labor and product shortages, and the Omicron variant, holiday sales saw record levels of growth this year, according to a new report from Mastercard SpendingPulse. The group reports on national retail sales across all payment types, finding that holiday sales rose at the fastest pace in 17 years this year. Mastercard senior advisor and former chariman and CEO of Saks Incorporated Steve Sadove joined Cheddar News' Closing Bell to discuss.
Keith Fitz-Gerald, chief investment officer at Fitz-Gerald Group, spoke to Cheddar about the growing competition for Tesla's electric cars in China as tech giant Huawei enters the race. "There's a lot of legacy worry, but that does not discount the possibility that Elon might have a contender on his hands," he said about the sometimes troubled telecom company. Fitz-Gerald also gave a nod to two other local rivals, Nio and XPeng, noting the latter as having something of an edge with its CEO He Xiopeng being lauded by Chinese state media.
2021 was a wild ride for the world of cryptos. Both Bitcoin and Etherum hit new all-time highs, as well as other coins like SHIB-INU. According to several experts, crypto is here to stay and is expected to blast off in the year 2022 as more and more people invest in the crypto world. The host of "The O Show" Wendy O, joined Cheddar to discuss more.
