In Apple news headlines today:
- AAPL is taking a hit this week, with Wall Street analysts concerned about lagging iPhone demand
- Google's Project Fi MVNO experiment adds a couple of Apple devices
- The iPad Pro gets Defender love from OtterBox
Text can be found below; note that today's video is unavailable.
Hi, I’m Steve Sande from Apple World Today, and this is the AWT News Update for December 15, 2015.
Apple’s share price has been hammered over the past few sessions on concerns that demand for the iPhone will not be as high as expected for the fourth calendar quarter of 2015. Shares in Apple ended today at $110.49 per share, down 1.77 percent on heavy volume. The first reports came in on Monday, with estimates lowered for iPhone sales by Morgan Stanley’s Katy Huberty, JP Morgan’s Narci Chang, Barclays’ Mark Moskowitz, and Susquehanna’s Chris Caso. All cited concerns from Apple’s key component suppliers. Apple, of course, hasn’t commented. In the past when similar stock hits took place, Tim Cook has said that Apple’s supply chain is so complex that it’s impossible for analysts to draw conclusions on the state of any one product line based on isolated information from suppliers. We’ll all find out for sure, most likely on January 19 2016 — although Apple hasn’t set a date for its first quarter 2016 earnings call, that event is usually held on the third Tuesday after the end of the previous quarter.
Google’s Project Fi is an invitation-only experiment in setting the company up as an MVNO — a Mobile Virtual Network Operator. The company today announced that existing Project Fi subscribers using a Nexus 6, 5X or 6P can add tablets to their plans using new data-only Project Fi SIM cards. These subscribers can add up to nine data-only devices to their accounts, and surprisingly, two of the supported devices are Apple’s iPad Air 2 and Mini 4. Google doesn’t charge users device fees to connect their tablets to Project Fi, which runs on the T-Mobile and Sprint networks. It’s expected that the data-only service will add only about $10 per month to the base $20 monthly fee for Project Fi. If you’re interested in joining the Project Fi experiment, you can request an invitation at fi.google.com/signup. Note that there are a limited number of invitations sent each week, and that at this time you still need to have one of the stated Nexus devices to take part.
If you have an iPad Pro and you want to keep that device safe from the elements and drops, well, you’re in luck. OtterBox today announced the iPad Pro version of the Defender Series case, and it’s available regularly at $129.95. It comes with a polycarbonate protective shell with front bezel protection, a screen protector with full access to Touch ID, and has a built-in stand and a place to store an Apple Pencil. If you order your iPad Pro Defender case now for shipping on January 1, you can get it for just $97.46 — 25% off.
I’ll be back tomorrow afternoon with another edition of the AWT News Update.