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Tue. 08/15 – iPhone “Maximum Capacity” Concerns

Aug 15, 2023
An Amazon executive's departure raises questions about the future of Alexa and Echo amid financial struggles. Meanwhile, a popular Mac service plans to launch an alternative iOS app store in the EU, shaking up app distribution. Nations like Saudi Arabia and the UAE are racing to stockpile Nvidia chips for their AI ambitions. Users are buzzing about iPhone 14 Pro battery issues, with many reporting frustrating drops in health and capacity. Plus, streaming services are surging as traditional TV viewing dips below 50%.
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INSIGHT

Amazon Executive Departure

  • Amazon's devices chief, David Limp, is leaving after the division lost billions.
  • This raises questions about Alexa and Echo's future amid AI chatbots and cost cuts.
INSIGHT

X Discontinues Ad Product

  • X is discontinuing promoted accounts ads, a $100M/year business.
  • This is despite their financial struggles and raises questions about their strategy.
INSIGHT

Setapp's Alternative App Store

  • Setapp will launch an alternative iOS app store in the EU due to the Digital Markets Act.
  • They will offer a 70/20 revenue split with developers, challenging Apple's 30% fee.
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