Here’s How Much Apple iPhone 8 Glass Repairs Are Going to Cost You

If you own an iPhone 8, now might be the perfect time to get a case.

The glass panel on the back of Apple’s iPhone 8 won’t qualify for a $ 29 replacement like the device’s glass screen. Instead, Apple will charge customers $ 99 for the first two back panel repairs. After that, customers could be forced to pay $ 349 or $ 399 for the iPhone 8 or iPhone 8 Plus, respectively, according to Apple-tracking site AppleInsider, which confirmed the cost with a company spokesman.

Apple’s (aapl) iPhone 8 has a new design, featuring a glass back panel. The glass allows for wireless charging coils inside the handset to interact with wireless charging pads, so users can boost battery life without wires. It also adds a design flair that users didn’t have in previous metal iPhones.

However, because the iPhone 8’s back panel is glass, if it takes enough of a beating, it could shatter, forcing users to either live with a jagged device or get it fixed.

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There was some hope among iPhone owners that Apple would offer the same replacement cost as a display since the back panel is made of glass. However, Apple told AppleInsider that it’s categorizing back panel repairs in the “other damage” category, bringing its price to $ 99, plus tax.

To safeguard against that cost, users can of course buy a case to protect the back panel. Opting for the company’s AppleCare+ would extend the $ 99 coverage price to two years. It costs $ 129 for the iPhone 8 and $ 149 for the iPhone 8 Plus.

Tech

This Time It Matters: Why Apple Is Falling

Preface
Apple Inc (NASDAQ:AAPL) is dropping hard after its event to announce the new series of hardware, in particular the new iPhone 8, 8 Plus and X as well as the Apple Watch 3.

It’s Different This Time
Normally when Apple stock dives on lukewarm product reviews we stand firmly in our position that the stock market reaction is over blown. Our simple thesis for that response is to look at demand, which is hypnotically strong, every time. That is not the case this time.

A New Risk is Not Obvious But is Enormous
Apple announced a more complicated lineup of iPhones this time around. It introduced the iPhone 8 series which is an upgrade to the iPhone 7, and then it announced the highly anticipated iPhone X (pronounced iPhone Ten).

Then the company made the iPhone 8 available this month, but pushed delivery of iPhone X to early November, which pre-orders stating in late October. That has created a risk.

It turns out that Apple hyped the iPhone X so much, and poured so much new technology into it, that it has left the demand for iPhone 8 lackluster in Apple terms. Here’s what we mean.

If you go to the Apple Store, and try to purchase an iPhone 8, the wait time is essentially 1-3 days for the smaller memory version. Here is an image:

That is for the iPhone 8, in Los Angeles, on Verizon’s (NYSE:VZ) network. The other networks are essentially the same. A normal wait time for a new iPhone release is usually several weeks, let’s say 2-4 depending on where you are in the world.

There are also reports that in store lines are much smaller than before, with one report pinpointing Sydney Australia, where only 30 people were camped out for the new release. Reports from China are similar.

Here are links to two stories:

Turnout for iPhone 8 Launch in Australia “Bleak” as Customers Hold Out for Upcoming iPhone X
The iPhone 8 launch in Sydney saw “a bleak turnout,” reports Reuters, with fewer than 30 people lining up outside of the Sydney Apple Store on George Street. In past years, hundreds of people have lined up for new iPhones on release day.

Apple Falls After Analyst Report Indicates Weak iPhone 8 Demand
Consumers pre-ordered about 1.5 million handsets on Chinese retail website JD.com in the first three days, compared with about 3.5 million for the comparable period of iPhone 7 orders.

Tim Cook just said he “couldn’t be happier” with the iPhone release (and Apple Watch 3). While sales are lower than prior models, there is one reason, a big reason, that he may actually be telling the truth.

Is There a Plan?
One of the headlines that surfaced from the Apple Event was that the iPhone X was very expensive, starting at $ 999 and climbing to $ 1,200 based on the configuration.

It’s possible, maybe even likely, that Apple decided to release the iPhone 8 for less to make it appear that it was not forcing Apple loyalists to buy a far more expensive phone by offering a reduced priced new model (iPhone 8).

In fact, it does appear that even in the bearish analyst notes, each tends to comment on the fact that demand reduction for the iPhone 8 is simply a reflection of the outsized demand for the iPhone X.

If that’s true, then Apple will have an average selling price significantly higher than in prior times, and if demand is in fact to the point where Apple also sells more units, then that would bring a windfall of profits larger than any company has ever seen in one quarter. If that sound overly bullish, it’s just the choice of words — Apple already has the largest earnings ever in one quarter, so this would be a breaking of its own record — also known more simply as, “growth.”

Back to Risk
While there is a rather bullish narrative to wrap around this odd iPhone selection, there is also, in earnest this time, a reasonable bearish thesis.

Apple won’t be delivering its iPhone X until well into November, and if demand is very strong, it might not even be able to deliver before the holiday season in the United States. And while, certainly, if all of those sales simply occur later in the year (or early 2018), then that’s fine, but to consider that a foregone conclusion is a step we are not willing to take with blind faith.

Some consumers, perhaps many consumers, will not wait. And while Apple loyalists may stick around for a later date, the all-important “Android switchers” (those smartphone Android owners that switch to Apple) may not — and that is a real risk and worthy of a stock drop, until proven otherwise.

Apple’s market share in the United States is jumping as Android loses market share — an under reported but critical phenomenon. On January 11th, 2017, 9TO5Mac wrote iPhone market share grows 6.4% in USA, takes share from Android in most markets.

Apple gained 9.1% in the UK, mostly at the expense of Windows phones.

The iPhone grew its market share in Australia, France, Italy, Japan, Spain, the UK and USA, with Android seeing its own share drop in all of these countries bar Italy, where its growth was less than half that of iOS.

Those are Android switchers and Apple may have just put that group, or at least that trend, in serious jeopardy.

Now What?
We believe the iPhone X is going to be a knock-down drag-out mega hit, and the elevated price will make it yet an even larger success. But, the risk that Apple took, as of right now, is hurting the company both with iPhone 8 sales, and potentially, with Android switchers. And that is not a false narrative — it is accurate.

That risk means the stock should drop, and is dropping.

But, we’re not done yet. What we did not show you, and is easily missed unless you are really looking, is how hard Apple is focusing consumers on the iPhone X over the iPhone 8 — in our opinion.

I recorded a 45 second video arriving on the Apple Store and looking at iPhones. I have turned to video to allow you to make your own decision, as opposed to snapshots, which are too selective and an be used to weave any narrative the author likes.

When you watch this video (below), decide for yourself if you feel that Apple is purposefully pointing people to the iPhone X over the iPhone 8. Here we go:

That’s hardly headline grabbing footage, but we found it noteworthy.

Apple Watch 3
There have been some pretty poor reviews of the Apple Watch 3 surrounding its LTE connectivity and its battery life. This is one of those times where the reviews are meaningless. Demand is strong and that’s all that matters.

Here is a snapshot from the Apple Store for that product:

We see the Watch becoming a runaway success as people learn to use that wearable device as a standalone product — leaving the phone at home on runs, meetings, swims, hikes, and whatever other times such a convenience could be desired.

Conclusion
We maintain our Top Pick status on Apple, but have certainly tempered our bullishness with an undeniable new risk. It might work out very well, but, it might not, and that is a new risk to Apple stock.

The author is long shares of Apple Inc (NASDAQ:AAPL).

Thanks for reading, friends.

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Disclosure: I am/we are long AAPL.

Tech

Apple might soon build walkie-talkie headphones for talking to people around you


If Apple’s latest patent is anything to go by, it appears that the company wants to create a new type of headphone designed for  communication with people in the same area, using ad-hoc wireless networks. The patent describes headphones with Lightning connectors to plug into your mobile device and allow you to talk to people equipped with similar gear in close proximity over Bluetooth or Wi-Fi connections, walkie-talkie style. That means you won’t have to call them to start talking, or even rely on a cellular connection. Some versions of the proposed device design detail an interface for your phone…

This story continues at The Next Web


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Apple is selling a seriously yellow iPad Pro for around $18,000

Though Apple’s products have gained a bit of color in the form of gold and rose gold options recently, the company isn’t known for providing particularly vibrant hues on its high-end devices. Fortunately, the company has just designed a bright yellow (no, not gold) 12.9-inch iPad Pro. Unfortunately, you might have to pony up around $ 18,000 to buy it. Apple designed the one-off iPad Pro for a charity auction at London’s Design Museum. The Phillips auction house estimates the iPad will sell for anywhere from £10,000 to £15,000, or approximately $ 14,200 to $ 21,300. For that price, at least you’re getting a nifty…

This story continues at The Next Web


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Apple CarPlay is good, but it’s too limited to be essential

Likely, you’ve heard of Apple CarPlay by now: It’s the software that allows you to project a version — albeit limited — of your iPhone’s iOS onto your car’s in-dash screen. However, unless you have a brand-new car, you probably haven’t had a chance to play with it. That’s because very few cars sold before 2016 were offered with CarPlay.

Now that automakers are fully geared up and rolling out 2016 model year cars onto the streets, CarPlay is spreading further every day. Moreover, with a few months of CarPlay at our backs, carmakers have had a chance to respond with better systems of their own. Read more…

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Apple releases iOS 9.0.1 with numerous bug fixes

More than a week after the frenzy surrounding iOS 9 and its rocky start, Apple is already releasing an update.

When iOS 9 was released, users received error messages saying the software update failed, while others had success downloading iOS 9 via iTunes.

During the installation of iOS 9, many users got stuck on the “Slide to Upgrade” screen. The iOS 9.0.1 update addresses that issue as well as multiple other bugs. Here’s what you’ll get:

  • Fixes an issue where some users could not complete setup assistant after updating

  • Fixes an issue where alarms and timers sometimes failed to play Read more…

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