All in on foldingā¦ Appleās been busier than usual. The tech icon is said to be planning foldable devices, including a bendy iPhone with a larger screen than the 16 Pro Max. Another gadget, designed to function as a laptop, will feature a foldable 19-inch screen that rivals the size of some desktop monitors. Plus, sources say Appleās working on a slimmer (non-foldable) iPhone with a simplified camera thatāll retail for less than Pro models. The new tech could roll out as soon as 2026.
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In the fold: Apple will be competing with rivals like Samsung, which already offers foldable models like the Galaxy Z Flip and Z Fold. But sales of Samsungās new Fold 6 were reportedly underwhelming.
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Fold over: The foldable-smartphone market grew 49% in the first quarter, driven by newer entrants like Motorola and Chinaās Huawei (which overtook Samsung as the top foldable phone seller in May).
Not phoning it inā¦ After two straight years of declines, global smartphone sales rebounded as companies debuted cheaper models and devices packed with AI. In October, Apple reported that iPhone sales ticked up for the first time in two quarters, driven by genAI-infused updates. Still, analysts said presales for the AI iPhone 16 models were lower than sales for the 15ās launch (genmojis havenāt saved the day). Apple may be trying to climb out of its rut with fresh devices like foldables, which make up less than 2% of the smartphone market.
More options can unlock more appealā¦ By offering more designs and price points, Apple could inspire customers whoāve been slow to upgrade or Android users looking for a more familiar feel. The strategyās worked before: after Apple came out with the larger-screen Plus category, in 2014, its iPhone 6 models sold in the millions right out of the gate.
Unboxing a strikeā¦ Unionized Amazon workers want a contract, and theyāre using the companyās peak shipping season as a bargaining chip. On Friday, 5.5K warehouse employees and delivery drivers serving New York City voted to authorize a strike against Amazon. While authorization doesnāt guarantee a work stoppage, it boosts the odds of one with just over a week before Christmas.
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Wish list: Amazonās union, which joined the 1.3M-strong Teamsters union this summer, is demanding wage hikes, safer working conditions, and added job security. Amazon hasnāt formally recognized the union (awkward).
Cartful of problemsā¦ While Amazonās unionized workforce is a tiny fraction of its 800K front-line US workers, if it wins a sweetened contract, it could quickly spur more warehouse unionization (and work stoppages). A holiday strike would be the latest in a string of negative labor headlines for Amazon.
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Safety problems: A Senate investigation published on Sunday found that Amazon manipulated warehouse-injury data, ignored internal safety recommendations, and discouraged injured workers from getting outside medical care.
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Corporate conflict: Amazonās also facing pushback from its corporate staffers, who are required to return to the office five days a week beginning next month. 73% of employees are said to have considered quitting because of the mandate.
Timing is strengthā¦ By threatening to strike during Amazonās peak sales season, the union is maximizing its leverage. Timed labor actions have become a key move for US unions this year. The New York Timesā tech guild walked out on a day before the presidential election. Airline unions connected to United and American authorized strikes ahead of the record Thanksgiving travel week. And the brief East Coast dockworker strike in September was timed to upend the holiday-shopping supply chain.
Authors of this Snacks own bitcoin and shares of: Amazon and Apple
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