November 15, 2024

Month: April 2019

HSBC downgrades stock because “Apple Services and Apple Card too late to the game”

In March, Apple announced a slew of new services including Apple TV Plus, Apple Card, and a whole lot of original programming to its then announced streaming service.  Despite the generally positive response by analysts, albeit with the sense of being underwhelmed, HSBC believes the revealed services won't make much of a dent in Apple's finances in the short term.

HSBC analysts downgraded Apple to a "reduce" rating with a price target of $180, causing shares to fall by 1 percent in premarket trading, reports CNBC. The firm believes the push into services will have lower margins than investors would prefer, and won't see any real benefit to Apple's bottom line for some time.

To read the rest of the CNBC report, click here.

Dad accidentally locked out of iPhone for 47 years

It probably happened to most of us -- we’d forget the correct passcode on our Apple gadgets and get locked out temporarily from a device. The timeout effectively becomes longer if you continue to get the code wrong, with some experiencing almost an hour of the timeout after frequent tries.

A dad from Washington DC, however, was locked out of his device not only for an hour, but for 25,536,442 minutes or roughly 47 years. But it wasn’t his fault.

According to a report, journalist Evan Osnos let his 3-year-old son play with his iPad and got it back with an unbelievable surprise -- a gadget that’s been disabled for more than 25 million minutes.

To put what happened into perspective, Osnos’ son input the wrong passcode many times to get this penalty, and he'll be 50 years old once the iPad is ready to use. Apple security works by increasing the time a user needs to wait for every incorrect passcode that was used.

Osnos tweeted a photo of his disabled gadget via Twitter, stating that he wished it was fake but that he needed advice on what he can do. According to the report, some people responded with incredulity.

"I would just wait it out," one responder said, while another suggested that he should "Reboot your 3 y.o."

This kind of phenomenon is actually quite common, with some parents sharing that the same thing happened to them many times. It is most likely the consequence of raising tech-savvy children or letting kids who are too young to understand the concept of a security key, play around with a device.

But should you get yourself in the same predicament, don’t fret. It’s actually easy to open the device again but with a little bit of sacrifice. First, however, is to ensure that all your data has been backed up. Otherwise, there’s a big chance that all files in your phone could get lost.

Next, connect the iPad or iPhone to your computer and then go to iTunes. During connection, force restart the gadget. By doing this, a pop-up is expected to appear that will ask if you’d like to Restore or Update your device. The best course is to Restore so iTunes can download software for your device.

As soon as you have access to the software, you can initiate set up and be able to use the device again. Of course, this is pretty much saying that the only solution is to restore the device to its factory settings so all data found in the iPad or iPhone will probably be wiped out.

It’s not sure whether Osnos followed the advice. But if he didn’t, then 47 years is quite a long time to wait.

Via: ibtimes.com

SpaceX: Watch Live – ARABSAT-6A Mission

WATCH LIVE: ARABSAT-6A MISSION

SpaceX is targeting Wednesday, April 10 for a Falcon Heavy launch of the Arabsat-6A satellite from Launch Complex 39A (LC-39A) at NASA’s Kennedy Space Center in Florida. The primary launch window opens at 6:35 p.m. EDT, or 22:35 UTC, and closes at 8:32 p.m. EDT on Wednesday, April 10, or 00:32 p.m. UTC on Thursday, April 11. A backup launch window opens on Thursday, April 11 at 6:35 p.m. EDT, or 22:35 UTC, and closes at 8:31 p.m. EDT on Thursday, April 11, or 00:31 UTC on Friday, April 12. The satellite will be deployed approximately 34 minutes after liftoff.

Following booster separation, Falcon Heavy’s two side boosters will attempt to land at SpaceX’s Landing Zones 1 and 2 (LZ-1 and LZ-2) at Cape Canaveral Air Force Station in Florida. Falcon Heavy’s center core will attempt to land on the “Of Course I Still Love You” droneship, which will be stationed in the Atlantic Ocean.​

The live launch webcast will begin about 20 minutes before liftoff at spacex.com/webcast.

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