Apple and Samsung are fuelling growth in the sales of sensors for mobile devices that will see the value of the market grow threefold between 2012 and 2018, analysts predict.
Fundamental changes in demand will be very disruptive to smartphone suppliers. Smartphone vendors that want to succeed will need to make significant cost reductions while also adapting with new product offerings, changes in supply chains, and product distribution.
Apple CEO Tim Cook on Wednesday met in Beijing with Ma Kai, China's vice premier, according to Chinese state news agency Xinhua, and "exchanged views on protection of users' information." The meeting came just days after a report emerged that indicated Chinese-based hackers had attacked users of Apple's iCloud cloud storage service in the country.
Apple said it sold 39.27 million iPhones during its most recent quarter, more than the 33.79 million units it sold in the year-ago quarter and above analyst expectations of around 37.8 million unit sales.
According to a report in Forbes, Microsoft in the next few weeks will launch a smart watch that will be able to track users' heart rates and will be able to work with Windows Phone devices as well as Android and iOS devices. Importantly, the smart watch will reportedly have more than two days of battery life.
Apple reports its quarterly financial earnings later today, and analysts expect the period to be a record one for the iPhone vendor. According to a Forbes tally of analysts, Apple's quarterly sales are generally expected to increase 7.1 percent and its earnings are expected to increase 11.9 percent, and the company is expected to report a 12 percent jump in iPhone sales to 37.8 million.
FBI Director James Comey said that contact lists, photos and other data stored on cell phones needs to be accessible to law enforcement and hinted that attempts to encrypt all that data by companies like Google and Apple are taking things too far.
AT&T Mobility, Sprint, T-Mobile US and UK operator EE support a new SIM card for Apple's iPad Air 2 and iPad mini 3 that lets customers switch between carriers. Although Verizon Wireless will provide wireless service for Apple's new tablets, it is not listed as a supporter of the new Apple SIM card.
Apple introduced two new iPad tablets, the iPad Air 2 and iPad mini 3, as it seeks to regain momentum in the tablet market and fight back against new phablets and cheaper competing tablets from rivals.
Apple is hosting a media event at 1 p.m. Eastern Time today at its headquarters in Cupertino Calif., where it is expected to unveil new faster, thinner iPad tablets. A key question though is whether that will be enough to revive Apple's growth in the tablet market.