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Home / Technology / Apple roundup: Modem Plans, Texture Launch, Target Cut – Apple Inc. (NASDAQ: AAPL)

Apple roundup: Modem Plans, Texture Launch, Target Cut – Apple Inc. (NASDAQ: AAPL)



The information reports that Apple (AAPL + 0.7% ) works with a custom mobile modem that cites a job booklet and an internal source.

But the source says Apple's modem could take up to three years to get into an iPhone.

Texture: Bloomberg reports that Apple plans to launch its news and magazine subscription Texture early next year. Apple is courting paywalled newspapers and is working on a new display format for magazines that will look more like web-based content. Bloomberg says that the efforts get a "cool reception" from media execs.

Analyst action: Macquarie cuts its Apple target from $ 222 to $ 1

88, but maintains an Outperform rating. Analyst Benjamin Schachter expects growth in Services to slow down in FY19 with downsizing in App Store, licensing and Apple Care.


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