Apple Stock News: iPhone Production in China
Apple Stock News: According to Macrumors, Zhengzhou has imposed a lockdown and restrictions due to COVID-19. However, Foxconn’s large assembly plants did not get too many negative effects and the production of Apple devices continued as usual. “Production at the Foxconn campus is proceeding well with some 200,000 workers,” the newspaper said, citing Foxconn managers within the compound. The Taiwanese company is cooperating with the local government and putting measures in place to ensure worker safety. “The supply lines haven’t been affected by Covid.”
The restrictions were introduced last week and come amid a continued constrained supply chain. At the moment, iPad and iPhone supplies seem to be uninterrupted, but Apple’s Mac line continues to face supply chain issues and delays for customers. The other two Apple suppliers, Pegatron and Quanta, announced that they would suspend production of Apple devices due to the new lockdowns and restrictions.
iPhone in 2024
Analyst Ming-Chi Kuo said in a tweet today that Apple could launch its first full-screen smartphone in 2024, with the “iPhone 16 Pro” likely to be the first Apple device with Face ID under the screen and a front-facing camera under the screen. This year’s iPhone 14 model is expected to ditch the notch in favor of pill-shaped notches and perforated cameras. Rumors in 2019 suggest that Apple has already built a prototype for at least one iPhone with an edge-to-edge screen, while the TrueDepth camera sensor for Face ID is mounted on a thin border above the display.
Apple Releases New Firmware for MagSafe Battery Pack
Apple has released updated firmware for the MagSafe battery pack, which is compatible with iPhone 12 and iPhone 13 models that support MagSafe accessories. Starting today, the updated firmware should be released wirelessly, and MagSafe Battery Pack users should see version 2.7.b.0 in the Settings application after installing the firmware.
Apple Card Users Will Receive Daily Cash on Purchases
Apple Card users will now receive 3% daily cash on purchases made at AceHardware stores in the US, the AceHardware app, and AceHardware.com. To qualify for 3% daily cash, purchases must be made with Apple Pay using the digital version of the Apple Card in the e-wallet app on the iPhone or Apple Watch.
Ace Hardware was the first home improvement retailer to offer 3% daily cash for purchases made with Apple Card through Apple Pay, up from the standard 2%. Other companies offering 3 percent daily cash in the US include Apple, Duane Reade, Exxon, Mobil, Nike, Panera Bread, T-Mobile, Uber, Uber Eats, and Walgreens.
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