Category Archives: nasdaq

Apple To Double iPhone Memory With Next Handset: Report

Apple ( AAPL ) has been criticized for the stingy data storage configurations in its iPhones. But according to a report Tuesday, Apple is preparing to double the current memory configurations with the upcoming iPhone 7. Apple has had the same memory configurations for the last two iterations of the iPhone — the iPhone 6 and 6S. It offers versions with 16 gigabytes, 64 GB and 128 GB. The entry-level model iPhone has had the same 16 GB of data storage since the iPhone 5 came out in September 2012. Asian component suppliers indicate that the iPhone 7 is likely to come in 32, 128 and 256 GB models, Credit Suisse analyst Kulbinder Garcha said in a research report. The shift to high memory configurations could spark upgrades among iPhone users who want more local storage on their handsets, he said. The iPhone 7 is expected to debut in September. It is rumored to be thinner and faster than the current models. Garcha rates Apple stock as outperform with a price target of 150. Apple shares fell 0.4% to 93.49 on the stock market today . Apple stock touched a nearly two-year low of 89.47 on Thursday, as iPhone sales slow.

Amazon Fire TV Gets Its Voice On Through Alexa

Amazon.com ( AMZN ) is adding voice-control features to its Fire TV system through Alexa, Amazon’s personal assistant app and rival to Apple’s Siri. The new Alexa features coming to Fire TV include the ability to control playback of Amazon Video, launch apps, access local movie showtimes, and search local businesses and restaurants, Amazon said. Users can also find local movie showtimes and where they are playing. The new Alexa features will be automatically delivered via free, over-the-air software updates in the coming weeks, Amazon said. Many of the new features are similar to what’s available on the Apple ( AAPL ) TV system through its Siri technology. Amazon’s Fire TV has a library of about 4,000 channels, apps and games, and supports 4K Ultra HD playback. Amazon stock fell 2.2% in the stock market today , to 695.27, where 700 had been a point of resistance.