Tech

Apple’s 2024 Revenue Forecast: $400 Billion Target

Apple announces a revenue target of $400 billion for 2024. Discover how these strategic forecasts shape the company’s growth potential and market dynamics.

Published

3 months ago

September 15, 2024

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Apple’s 2024 Revenue Forecasts

Apple, which generates significant profits by offering phones, devices, and various services to customers around the world, has begun to share its initial forecasts regarding the amount of money flowing into its coffers in 2024. With the impending release of the iPhone 16, it is expected that Apple will close 2024 with a revenue of 400 billion dollars.

To better understand the magnitude of this figure, let’s make a comparison. The total value of goods and services produced by all commercial enterprises operating in Turkey within a year, which represents Turkey’s overall economic size, ranges from approximately 900 billion dollars to 1 trillion dollars. Thus, by achieving a profit of 400 billion dollars, Apple will have accomplished a commercial success equivalent to almost half of Turkey’s economy.

Apple’s Earnings Reports and Overall Status

Despite recent layoffs, Apple’s earnings reports present a rather positive picture regarding the company’s overall situation. In the third quarter of 2024, Apple generated 85.8 billion dollars in revenue, exceeding all expectations. During this quarter, iPhone sales contributed 39.30 billion dollars, while service revenues reached 24.21 billion dollars. Mac, iPad, Wearable Devices, Home, and Accessories generated approximately 22.27 billion dollars in total. As a result, Apple’s net income for this quarter was recorded at 21.45 billion dollars. If this sales momentum continues, it seems possible that the company’s earnings will surpass 400 billion dollars for the first time by the end of 2024.

U.S. Protection Policies and Competing Companies

This massive profit also explains the extraordinary measures taken by the U.S. to protect its own companies against those of competing countries. For instance, the Chinese technology giant Huawei began to compete for market share with Apple with the devices and infrastructure technologies it produced during the term of former U.S. President Trump. Under pressure from Trump, many countries had to restrict their trade with Huawei. Furthermore, the CEO of Huawei’s daughter was arrested in Canada, leading to a lengthy legal battle. During these events, Google made various attempts to remove Huawei from the Android ecosystem.

Of course, it is not only Huawei that has faced pressures from the U.S.; many large Chinese companies such as TikTok and Alibaba have also been subjected to either covert or overt pressure from the U.S. due to their successes and the negative impact they have on the market shares of U.S. companies.

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Tesla Semi Fire: NTSB Preliminary Report Released

The NTSB’s preliminary report on the Tesla Semi fire has been released. This content includes important information about the details of the incident, the causes of the fire, and Tesla’s safety measures. Explore the impact on Tesla’s electric vehicles and its future steps.

Published

3 months ago

September 17, 2024

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The National Transportation Safety Board (NTSB) released a preliminary report stating that a Tesla Semi electric truck in California required firefighters to use “50,000 gallons” (approximately 190,000 liters) of water to extinguish a roadside fire. Firefighting teams also deployed an aircraft to drop fire retardant on nearby areas as a precautionary measure to control the fire.

The accident occurred on August 19 at 3:13 AM local time on the I-80 highway east of Sacramento. The electric truck went off the road while navigating a curve, collided with a roadside boundary marker, and then struck a tree, coming to a stop. Fortunately, the driver was not injured in the accident; however, considering their health condition, they were taken to the hospital.

The Tesla Semi’s large 900 kWh battery caught fire upon impact, and toxic smoke began to spread during the fire. While the fire continued with temperatures reaching up to 538°C, firefighters worked intensively to cool the blaze with water. However, due to the fire’s effects, the vehicle continued to burn until late in the afternoon. Meanwhile, Tesla sent a technical expert to the scene regarding fire safety and high voltage hazards.

The highway reopened to traffic at 7:20 PM local time, 16 hours after the accident. The NTSB, as an organization that can only make recommendations and cannot enforce regulations, sent a team to the area for investigation purposes. This major accident raised several issues, including dangerously hot fires and toxic smoke, which will attract the attention of many international organizations.

The NTSB had previously stated in 2021 that fires in the batteries of electric vehicles pose serious risks to emergency response teams and that the guidelines provided by manufacturers for such fires are inadequate.

Tech

New Leaks and Features About the Samsung Galaxy S25 Ultra

Discover the latest leaks and features about the Samsung Galaxy S25 Ultra. Equipped with new technologies and advanced features, this smartphone elevates the user experience to a new level. Check it out for details!

Published

3 months ago

September 17, 2024

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New Leaks About Samsung Galaxy S25 Ultra

Samsung is expected to introduce the Galaxy S25 Ultra along with the Galaxy S25 series at the beginning of 2024, likely in January. Although no official announcement has been made yet, leaks regarding the upcoming flagship continue to spread rapidly on the internet. Notable leak source IceUniverse shared several new visuals of the Galaxy S25 Ultra in a post on the X platform. These visuals reveal the design differences between the Galaxy S25 Ultra and the Galaxy S24 Ultra.

One of the notable features in the leaked images of the Galaxy S25 Ultra is the rounded corners of the phone. In contrast, this year’s Galaxy S24 Ultra has quite sharp corners, which has led to feedback from some users indicating discomfort while holding the device. Previous leaks have suggested that the Galaxy S25 Ultra may be somewhat larger.

A tweet shared by IceUniverse: Galaxy S25 Ultra Image

According to leaks, the Galaxy S25 Ultra is expected to be thinner and lighter compared to previous models. In August, rumors emerged that the upcoming Galaxy S25 Ultra would be lighter than its competitors, with a weight of under 221 grams.

Another image featured in IceUniverse’s post shows close-ups of the sides of both next year’s expected flagship phone and Samsung’s current flagship. In this image, the side of the Galaxy S25 Ultra appears flatter with rounded corners. While these changes may not create a major revolution, they will generally positively affect the feel of the phone in hand.

Looking at other rumors about the Samsung Galaxy S25 Ultra, it is expected that the company will offer top-tier screen and camera upgrades next year. Additionally, there is a strong expectation that the satellite connection feature will also be introduced alongside the Galaxy S25.

Tech

iOS 18 Officially Released: Innovations and Features

iOS 18 has been officially released! This update, packed with new features and innovations, elevates the user experience to the next level. Check out our article for details and discover the new offerings of iOS 18!

Published

3 months ago

September 17, 2024

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iOS 18 Officially Released: Here Are the Innovations!

Apple officially launched iOS 18 yesterday, as promised. After a long beta testing phase, this update brings many exciting new features for iPhone users.

iOS 18 Officially Released: Innovations and Features

New Features in iOS 18

Advanced Customization Options on the Home Screen: With iOS 18, users can now arrange app icons freely without sticking to the traditional grid layout. Additionally, there’s an option to change the colors of the icons and adjust their darkness levels. In short, you are no longer bound to a boring layout. It raises questions why Apple waited until 2024 to offer this feature.
Revamped Control Center: The Control Center is completely redesigned in iOS 18. Users will be able to group controls more comfortably, and developers can easily add controls from their applications. Also, there’s an option to divide the Control Center into pages, allowing different controls on each page.
RCS Messaging Support: With iOS 18, Apple introduces Rich Communication Services (RCS) messaging support. Users can add various effects to their texts and react with new emojis for more colorful responses.
Updated Photos App: The Photos app is presented with a new opening page and a modern layout. Users can now browse photos by time, people, and many other criteria, reorder media files, and explore more with the “Collections” feature.
App Lock Feature: Users can now lock specific applications. For example, they can activate Face ID protection from the menu that appears when long-pressing an app icon. Thus, anyone wanting to open the app will have to pass the Face ID protection first.
Apple Intelligence: One of the important features of iOS 18 is Apple’s artificial intelligence kit, Apple Intelligence. However, to fully benefit from this feature, you’ll need to wait for the iOS 18.1 update. More information about Apple Intelligence can be found here.

How to Install iOS 18?