Tag - Barclays
Barclays has finally launched support for Apple Pay in the United Kingdom, almost nine months after the payment platform itself arrived in the country. The last major financial institution to sign up for Apple Pay in the UK, the bank is now allowing anyone with a Barclays debit card or a Barclaycard credit card to make payments at over 400,000 contactless payment terminals across the country using their iPhone or Apple Watch.
Barclays, one of the last major banks and financial institutions in the United Kingdom that still does not offer Apple Pay to its customers, now aims to begin supporting the mobile payments service in the next few month. An email sent from an executive at the bank to a customer advises it is still holding to its previous claim of a launch early this year, and anticipates it will do so "within the next 60 to 75 days."
One of the last major financial institutions in the United Kingdom that currently does not support for Apple Pay in the country will be offering it to customers, though later than expected. Barclays will be joining the roster of UK banks, including Lloyds, HSBC, Natwest, and Santander, in allowing owners of iPhones and the Apple Watch to make payments using their devices, but apparently this will not take place until early next year.
After becoming best known for being the only major UK bank not to support the forthcoming rollout of Apple Pay support in the UK in favor of its own, much more awkward "bPay" solution, Barclays has apparently done an about-face and announced that it will provide "imminent" support of Apple Pay in the UK in the near future. The mobile payments system, anticipated to formally go live on Thursday, will still face some limitations.
Two investment analyst firms, Barclays Capital and UBS, have issued their first predictions on the number of iPhones Apple is likely to sell in its fiscal second quarter, which concludes at the end of March. The firms disagree on the exact number of units, but are within 10 percent of each other, ranging from 54 million to 58 million units. UBS' Evidence Lab is predicting higher numbers, but Wall Street estimates remain conservative.
Microsoft is offering a simpler way for students around the world to check their eligibility for a free Office 365 license. While free subscriptions have been around for a while, it typically involved a lengthy process to check for eligibility. Now, students and teachers need to just sign up with a valid school email address to receive their subscription, which includes installation of Office apps on up to five computers and up to five mobile devices, as well as 1TB of OneDrive storage.
There is a tendency among analysts to think of Apple as only "the iPhone maker" and ignore its other products and services, feeling that the fortunes of its most popular and profitable product -- the iPhone -- is the key to the company's overall health, at least in terms of its performance on Wall Street. Barclay's analyst Ben Reitzes told investors in a memo on Thursday that he expects AAPL to stay within a narrow range for the next two years.
According to industry sources, Cisco Systems has hired Barclays to find a buyer for its home networking division Linksys. Reportedly, Cisco is planning on divesting itself of the home router manufacturer as part of its strategy to exit consumer-level businesses while expanding in technology services, and other corporate solutions.
Contract manufacturers may be preparing to build more than 10 million mini iPad tablets in the fourth quarter, according to Barclays analysts. Most of the new tablets are expected to be produced by veteran iPad maker Foxconn, while Pegatron is said to be tasked with manufacturing approximately three million units.
Apple may be relying on the popularity of its iPad, iPhone and Mac hardware to help monetize a "fully integrated TV ecosystem," according to an investor note circulated by Barclays analyst Ben Reitzes. Amid rampant rumors surrounding a new Apple set-top box, the analyst emphasizes that the company is likely aiming to create a software-driven ecosystem, "not just hardware," even if necessary partnerships with content providers have yet to be inked.
Now AAPL Stock: 136.93 ( + 0.27 )
Cirrus creates Lightning-headphone dev kit
Apple supplier Cirrus Logic has introduced a MFi-compliant new development kit for companies interested in using Cirrus' chips to create Lightning-based headphones, which -- regardless of whether rumors about Apple dropping the analog headphone jack in its iPhone this fall -- can offer advantages to music-loving iOS device users. The kit mentions some of the advantages of an all-digital headset or headphone connector, including higher-bitrate support, a more customizable experience, and support for power and data transfer into headphone hardware. Several companies already make Lightning headphones, and Apple has supported the concept since June 2014. http://bit.ly/29giiZj
Apple Store app offers Procreate Pocket
The Apple Store app for iPhone, which periodically rewards users with free app gifts, is now offering the iPhone "Pocket" version of drawing app Procreate for those who have the free Apple Store app until July 28. Users who have redeemed the offer by navigating to the "Stores" tab of the app and swiping past the "iPhone Upgrade Program" banner to the "Procreate" banner have noted that only the limited Pocket (iPhone) version of the app is available free, even if the Apple Store app is installed and the offer redeemed on an iPad. The Pocket version currently sells for $3 on the iOS App Store. [32.4MB]
Porsche adds CarPlay to 2017 Panamera
Porsche has added a fifth model of vehicle to its CarPlay-supported lineup, announcing that the 2017 Panamera -- which will arrive in the US in January -- will include Apple's infotainment technology, and be seen on a giant 12.3-inch touchscreen as part of an all-new Porsche Communication Management system. The luxury sedan starts at $99,900 for the 4S model, and scales up to the Panamera Turbo, which sells for $146,900. Other vehicles that currently support CarPlay include the 2016 911 and the 2017 models of Macan, 718 Boxster, and 718 Cayman. The company did not mention support for Google's corresponding Android Auto in its announcement. http://bit.ly/295ZQ94
Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa
SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If
Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm
Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE