Yahoo Says Goodbye While Apple Sparks Interest With iPad 2 And Car Project
Over the past few years, Yahoo and Apple have been known to lead the way in technology and advancement. Unfortunately, Yahoo has been left behind recently. The company's revenue has decreased substantially and this has resulted in the need for the company to sell off its patents and core business. Just today, Verizon announced their intention to buy Yahoo's Internet business for $4.8 billion dollars. The move is ultimately bitter sweet for tech enthusiasts, who began using the Internet, during Yahoo's reign.
Although Yahoo will ultimately stick around in some fashion or another, it will truly never be the same. Verizon intends to utilize the acquisition as a way to enhance their digital content offering. The company insists acquiring Yahoo will give them the ability to rapidly increase their digital advertising profits. The deal, which came to fruition over the weekend, has many worried. Investors in Verizon see very little benefit for the company, while die-hard Yahoo fans are worried what could become of the website once Verizon is given control. Although Verizon has plenty of experience with Internet services, their digital content business experience is limited and their acquisition of AOL has not proven to be eventful or worthwhile.
Nonetheless, some will be happy to know that Yahoo's current CEO, Marissa Mayer, intends to stick around. Meanwhile, Apple has been on the offensive as of late, due to the slow decrease of iPhone sales. Although the sales numbers for the iPhone are expected to pass 1 billion, things do not look great for Apple's future. It has already been suggested that Apple's quarterly earnings could very well be hurt by a decrease in smartphone sales. Nonetheless, the company is still one of the biggest providers of high paying development jobs and they've been working diligently to expand their business well beyond the smartphone market.
Recently leaked photos claim to show the brand new iPad Pro 2. Apple has been mum on the device thus far and only let small details slip out. If the leaked photos are legitimate, they would provide consumers with the first look at the new device. The iPad Pro was released last September in conjunction with the iPhone 6s. The company's newest phone, the iPhone 7, is expected to be introduced to the market in September and consumers expect a new iPad to follow in suit. This does provide credence to the photographs, but they have yet to be confirmed or denied by the company.
Meanwhile, Apple has also been working strenuously to enter the smart car market. The company had originally intended to release their electric vehicle sometime in 2020. However, the date has now been pushed back to 2021. It is believed that the push back has been caused by the project's manager, Steve Zadesky, leaving the company for personal reasons. In January, a report claimed Apple's design chief, Jony Ive, was not happy with the vehicle's progress. Nonetheless, consumers will be happy to know that an Apple car is still in the works. As Telsa CEO, Elon Musk, has pointed out, the car is truly an "open secret". You'll just need to wait a tad bit longer to put one in your garage.
