Money

iPhone to transition to USB-C as Apple gives in

Published

2 years ago

October 26, 2022

Apple’s SVP of worldwide marketing Greg Joswiak has confirmed that the tech giant will be transitioning to USB-C connectors to comply with the EU’s regulation.

Joswiak was asked by WSJ’s Senior Personal Technology Columnist, Joanna Stern, whether Apple is moving to USB-C in light of the European Parliament’s vote in favor of making USB-C the common charging standard in the region.

“Obviously, we’ll have to comply.” Joswiak responded.

The European Parliament voted in March of 2019 to mandate that all new phones shipped in the EU after July 1st, 2019 must use a “common external power supply.”

This essentially means that all new phones sold in Europe must use a USB-C charger, as opposed to the myriad of proprietary chargers currently on the market.

While many Android phone manufacturers already use USB-C chargers, Apple has yet to make the switch for its iPhones. The iPad Pro models were the first Apple devices to transition to USB-C back in 2018.

Apple isn’t the only company that will be affected by this mandate; companies like Huawei, Samsung, and Sony will also need to comply.

But given that Apple only uses proprietary Lightning connectors for its iPhones (as opposed to microUSB like most Android phones), the transition could be more difficult for Cupertino than it is for its competitors. And given that Apple typically releases new iPhone models in September, it’s likely that we won’t see any iPhones with USB-C connectors until next year’s lineup at the earliest.

Money

China has pledged to “significantly increase” debt to jumpstart its economy

Published

2 days ago

October 14, 2024

ticker NEWS

Finance Minister Lan Foan announced plans to help local governments tackle debt, support low-income households, and boost the property market.

Investors have been urging such steps as China faces deflationary pressures and a sharp property market downturn.

However, no figure was provided for the stimulus package, leaving markets anxious about the strength and duration of the recovery effort.

Economists warn that this lack of clarity may prolong uncertainty until China’s legislature approves extra debt measures.

Concerns are rising that China may fall short of its 5% growth target, signalling deeper structural challenges ahead.

Leaders

Niche accountants proving essential to e-commerce success

Published

6 days ago

October 9, 2024

ticker NEWS

Expert explores the key benefits of partnering with accountants who specialise in niche industries.

In today’s fast-paced digital world, having an accountant who understands the intricacies of e-commerce can make all the difference in your business’s success.

Specialist accountants understand the specific needs of e-commerce businesses, helping to maximise tax savings, streamline operations, and improve financial health.

Niche accountants can identify opportunities to scale, optimise profit margins, and implement strategies that align with your business goals, ultimately drive growth.

Chris Rivera, Founder of The Ecommerce Accountants, joins to share his key insights into the industry.

#featured

Money

Amazon’s 2024 Prime Day expected to make huge impact on tech sector sales

Published

7 days ago

October 9, 2024

ticker NEWS

Market experts believe Amazon’s upcoming event will drive a surge in sales, benefiting Amazon’s stock and boosting consumer tech companies that sell through its platform.

Experts predict that a short-term rally in retail and tech stocks could be seen as revenue spikes.

Founder/CEO of Unearthing Opportunities, and Board Advisor to Power Hero, Bradley A Gastwirth joins to unpack the latest market moves. #featured #trending