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Apples market value plummeted by almost 100 billion overnight after Apples market value plummeted by almost 100 billion overnight after

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Apple’s market value plummeted by almost $100 billion overnight after reports emerged that the company had begun cutting costs.

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According to Mydrivers, Apple has begun to cut costs, with several sources confirming that recruitment in almost all departments has been suspended. Only the most important departments, such as some of the R&D divisions, continue to recruit.

Investors reacted negatively to the appearance of this information, the price of Apple’s shares fell from $151 to $139, and the company’s market value decreased by $97.7 billion overnight.

Apple's market value plummeted by almost $100 billion overnight after reports emerged that the company had begun cutting costs.

At the end of October, Apple announced financial results for the fourth quarter of fiscal year 2021, which ended September 25, 2021. The company’s revenue for the quarter was $83.4 billion, up 29% year-over-year, and EPS for the quarter was $1.24. It will be interesting to look at the report for the current quarter.

Apple’s Board of Directors announced a dividend of $0.22 per share. Dividends will be paid on November 11, 2021 to existing shareholders.

According to the latest report from investment bank Nomura Securities, Apple is “abnormally increasing” production orders for the standard iPhone 14 model and is also preparing for a price war.

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Phones

Gaming phones will die in 2023. So says the head of Redmi

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Gaming phones will die in 2023 So says the head

The head of Xiaomi Group China and the head of the Redmi brand, Liu Weibing, noted an interesting message on the Weibo social network: in his opinion, gaming phones will disappear as a class.

Gaming phones will die in 2023.  So says the head of Redmi

The capabilities of the new Xiaomi 13 flagships led him to these thoughts: these are not gaming models, but directly in games (the company has already conducted tests for both performance and heating), they are in no way inferior to phones aimed at mobile gamers. “In 2023, you don’t need a gaming phone anymore, the gaming phone is doomed to die“, – quotes the Chinese source of the word Liu Weibing.

Interestingly, Redmi itself has been actively releasing gaming phones. Suffice it to recall Redmi K40 Gaming Edition or Redmi K50 Gaming. But, judging by the words of the head of the brand, the new generation of Redmi K60 flagships will no longer have a gaming model.

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News

Samsung is no longer a trendsetter in mobile fashion. Galaxy Z Flip5 will be made in the likeness of Oppo Find N2 Flip

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Samsung is no longer a trendsetter in mobile fashion

Insider Ice Universe spoke about the future Galaxy Z Flip5 clamshell smartphone. According to the source, the device will be similar to the Oppo Find N2 Flip in many ways: it will receive similar waterdrop-shaped hinges, an outer screen similar in size to the Find N2 Flip’s 3.26-inch outer screen, and probably also a larger battery. capacity than the current model. At the same time, it is not a fact that the battery of the Galaxy Z Flip5 will be larger than that of an Oppo phone.

Samsung is no longer a trendsetter in mobile fashion.  Galaxy Z Flip5 will be made in the likeness of Oppo Find N2 Flip

All this suggests that Samsung has lost its status as a trendsetter in mobile fashion. The Korean company is now in the role of catching up: already its phones are starting to look like Chinese ones, and not vice versa. Oppo Find N2 Flip will take place next week on December 15, it has already been officially confirmed. While the premiere of the Galaxy Z Flip5 and Galaxy Z Fold5 is expected only in the second half of 2023. In addition, the Oppo Find N2 Flip sales geography, according to preliminary data, will not be limited only to China, which can be a problem not only for the future Galaxy Z Fold5, but also for the current Galaxy Z Fold4.

Ice Universe was one of the first to talk about smartphones with waterfall screens, about the notch in the iPhone X, about the new design of the iPhone 14 and about Samsung’s 200-megapixel image sensor.

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Software

Winamp player added NFT support in Windows version

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Winamp player added NFT support in Windows version

Music player Winamp announced the integration of non-fungible tokens based on the Ethereum and Polygon blockchains.

Winamp player added NFT support in Windows version

Music from NFT tracks plays just like any other audio files.

“Winamp has always been about accessibility and innovation, and today we are proud to launch the very first standalone player that reads NFT audio and other existing formats,” Winamp CEO Alexander Saboundjian wrote in the official release.

The latest version of Winamp allows music lovers to link their MetaMask cryptocurrency wallet through the Brave, Chrome or Firefox browser with Winamp. Users can then connect their favorite track as an NFT file.

In addition to audio, Winamp also supports video files based on the ERC-721 and ERC-1155 standards. So far, the novelty is supported only on the Windows operating network, but in 2023 the company plans to expand the line to other ecosystems.

In an upcoming update in early 2023, the Winamp developers plan to implement a dedicated service for artists and users. It is expected that direct sale of tokens will become available, as well as the organization of concerts through the services of the player. It is expected that the update will immediately be cross-platform.

Winamp is one of the oldest PC music players, created in 1997 by Nullsoft.

Winamp player added NFT support in Windows version

In 2013, the development of the player was stopped, but since 2018, work has been underway to restart it as a single multimedia platform.

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