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Foxconn says Wisconsin facility will do both manufacturing and R&D
No mention of the number of jobs this time. InterestingAppleInsider said:Foxconn's $10 billion facility in Wisconsin will handle both manufacturing and research, the company said on Friday, trying to staunch controversy over statements it made earlier this week.
President Trump helping to break ground.
The complex will operate as an "advanced manufacturing facility as well as a hub of high technology innovation," Foxconn told CNBC. The company said it made a decision after talks with the White House, including a direct conversation between President Trump and Foxconn chairman Terry Gou.
"Our decision is also based on a recent comprehensive and systematic evaluation to help determine the best fit for our Wisconsin project among TFT technologies," it added. "We have undertaken the evaluation while simultaneously seeking to broaden our investment across Wisconsin far beyond our original plans to ensure the company, our workforce, the local community, and the state of Wisconsin will be positioned for long-term success."
Earlier this week an assistant to Gou said the company was altering its original plans to focus more on research and engineering. The company received some $4 billion in tax breaks with the expectation that it would build LCD TV panels -- the assistant however said that Foxconn has "no place" in the U.S. TV market since it "can't compete."
Foxconn is Apple's main assembly partner, headquartered in Taiwan and operating mostly out of China. The company has been vague on its plans for Wisconsin, sometimes leading to speculation a U.S. factory could help serve Apple.
Its goals continue to include hitting 13,000 jobs, but hiring has slowed to the point that only 1,000 workers will come onboard by the end of 2020, instead of the original target of 5,200. It also hired just 178 people in 2018, missing the 260 it needed to get the first $9.5 million in tax credits.
Read Foxconn's full statement:After productive discussions between the White House and the company, and after a personal conversation between President Donald J. Trump and Chairman Terry Gou, Foxconn is moving forward with our planned construction of a Gen 6 fab facility, which will be at the heart of the Wisconn Valley Science and Technology Park. This campus will serve both as an advanced manufacturing facility as well as a hub of high technology innovation for the region.
Our decision is also based on a recent comprehensive and systematic evaluation to help determine the best fit for our Wisconsin project among TFT technologies. We have undertaken the evaluation while simultaneously seeking to broaden our investment across Wisconsin far beyond our original plans to ensure the company, our workforce, the local community, and the state of Wisconsin will be positioned for long-term success.
We look forward to continuing to expand our investment in American talent in Wisconsin and the US.
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Apple stock threatened by growing backlash against App Store revenue cut
They can of course jail break if they choose. Also if you buy a TV or subscription to cable you can only download from their source. As long as there are options to buy another product all together and not to mention one that sells far more units for cheap, Android, Apple can not have a monopoly. Ironically, Apple’s 30% cut is far less than the 70% charged by carriers to access their networks before the App Store was introduced. How soon they for get. Companies like Netflix are swine. If they were not depending on Apple’s marketing, support, acceptance, ease of use and draw of its platform to grow their subscriber base they would not have activated subscriptions on the store in the first place. They wanted to use Apple’s ease of use and earned trust including their 300,000,000 credit cards on file for purchases thru their Apple ID. Netflix like Spotify would not have grown their paying subscribers as quickly if the customers had to enter their card info to yet another company. I personally won’t do it and don’t believe I’m alone in that. I think it also stems to the ease of canceling through Apple instead of direct. The other issue is marketing. They chose to use Apple because to market themselves was too costly, but they always had the option of signing them on their own site then having them download the app. It just that far fewer people were visiting their sight than searching on the App Store.AppleInsider said:Rumblings against Apple's sizable take from App Store revenues could have an impact on the company's stock, given the new focus on Services revenue, an analyst said on Friday.
"While the services segment grew 18 percent in the December quarter, we've now started to get investor questions worrying about whether the App Store will be the next shoe to drop," wrote AB Bernstein's Toni Sacconaghi in a note seen by AppleInsider. Specifically, he cited a series of headlines indicating that Spotify and Netflix have stopped offering in-app subscriptions, and that others like Fortnite developer Epic Games have threatened similar actions.
Apple claims 30 percent from the majority of App Store transactions, which Spotify and others have complained can force them to hike prices or take a major financial hit. For some time Spotify charged $3 extra to in-app Premium subscribers, ultimately deciding to end the discrepancy and direct iPhone and iPad owners to its website.
Apple's revenue cut does shrink to 15 percent for subscriptions over a year long, but this doesn't seem to have appeased developers.
"Unsurprisingly, this 30 percent cut has transformed the App Store into the largest single driver of Apple Services, accounting for about 40 percent of all Services growth in the last three years by our estimates," Sacconaghi continued. "In recent years, however, discontent over this 'Apple tax' has been brewing among several major iOS app developers."
The analyst cited Netflix's action as the trigger for investor concerns. Apple Chief Financial Officer Luca Maestri has argued that Netflix represented "less than 0.3 percent of total services revenue" in 2018.
Sacconaghi also pointed out, however, that an ongoing U.S. case is weighing whether App Store practices constitute a monopoly. The App Store is the only place developers are normally allowed to sell iOS apps, and losing the case could break the company's revenue streams. Developers on macOS, Windows, and Android are free to use third-party storefronts or their own.
However, Sacconaghi doesn't seem to put any weight on any services that Apple will debut in the future, such as the expected video streaming service. Nor, does he seem to note that Services is more than the App Store, as Apple Music, AppleCare, and iCloud are all part of the revenue stream as well.
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Bloomberg continues iPhone panic mongering by conflating Apple's Give Back trade-in progra...
Marketing is what successful companies do to sell products. The original copy actually sucked. It looked like placeholder text that someone forgot to change. Not discriptive at all. And why should they promote their price hook on “their front page”? The goal is always to sell every phone you can make. Considering that 10% of the smartphone market is used Iphones I’d makes sure any iPhone customers the showed up on my page knew the could trade directly to me.rogifan_new said:Wow DED is really panicked about Apple. Way too many defensive articles the past week or so.
Anyway can he point us to a previous example where Apple did this on their front page? I certainly don’t remember them pushing trade-ins like this last year. And putting a price right on the front page. They clearly want people to see that $449 price.
Also why the change to the marketing copy. And copy that seems more like something an Android OEM would focus on i.e. specs
Why would Apple be doing any of this if the XR was meeting their sales expectations?
You know it is possible some consumers find these phones too expensive and are holding on to what they have (which are still really good phones).
Its the reason Apple is successfully making all the profits in the markets the compete in. Most can’t even understand why they do what they do.
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Zuckerberg says iMessage biggest competitor to Facebook's messaging services, takes dig at...
Well according to Cook who puts the company at risk if he misleads shareholders, said quite clearly that the keys to encryption remains with the customer. The difference is for unencrypted data stored on iCloud China can request access via China’s courts instead of having to go through a US court to handle a Chinese matter. With the servers I’m China the jurisdiction changes. Can you imagine is going to a Chinese court to get information on a domestic case?
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Google+ shutting down in wake of allegations of weak user data security
They don’t care as since they failed at becoming the new Facebook the decided to become Microsoft of the 90’s. Since the tech heads love them and hate Apple they have been able to push the chrome browser that is a WebKit fork that has been made Proprietary by installing an always running background server and then the extensions that only work with chrome on a computer. So, companies like LinkedIn are pushing chrome for more features which is crazy for a web based company in the age of mobility.stantheman said:After Google+ is shut down, the company should purge its servers of all user data. Users, whether knowingly or not, traded their personal data to Google in exchange for services that it rendered. Now that Google has backed out of its commitment to provide services, it should disgorge all of the personal data that it collected and exposed to hackers. We should also consider the lesson of this experience before handing personal data over to future Google ventures, Facebook and other data accumulators. The services they promise have a limited value over a limited duration, whereas their use of our personal data is limited neither by application nor duration.
