Apple wants to give the iPad a boost

amazon, microsoft, apple wants to give the ipad a boost

The iconic Apple logo is emblazoned on each of the company’s products and stores. Costfoto/NurPhoto via Getty Images

  • This post originally appeared in the Insider Today newsletter.
  • You can sign up for Business Insider’s daily newsletter here.

Hello! This Sunday is Mother’s Day, which I’m sure you already know. But just in case it slipped your mind, here are some last-minute gift ideas.

In today’s big story, we’re looking at the new tech Apple’s set to unveil at its event.

What’s on deck:

    But first, Apple is showing off some new toys.

    If this was forwarded to you, sign up here.

    The big story

    Apple’s other new tech

    amazon, microsoft, apple wants to give the ipad a boost

    Tyler Le/Insider

    Apple’s unveiling new products today, but they’re not the ones you might be thinking of.

    The tech giant’s event will reportedly showcase a new family of… iPads and iPad accessories.

    The crowd goes mild!

    You’re forgiven if you weren’t aware iPads were still a thing, let alone getting updated. Apple’s tablet didn’t upend industries like the iPod or iPhone.

    But Apple’s event, which kicks off at 10 a.m. EST, is looking to give the iPad a boost. Business Insider’s Antonio Villas-Boas has a rundown of what to expect.

    The tablet’s main issue has been its existence in a no-man’s land. Less powerful than a computer but not much better than a mobile phone, the iPad has a limited set of specific use cases. The new iPads will reportedly feature better displays, a thinner design, and a MacBook processor.

    (Personally, my iPad primarily serves as a second TV when my wife gets sick of me watching sports in the living room.)

    The update comes not a moment too soon for Apple. iPhone sales have noticeably dipped, which is why you’re hearing Apple tout its “services” business, writes BI’s Peter Kafka.

    But even that’s a bit of a misnomer. A good chunk of that growing “services” business is the billions of dollars it receives from Google for giving the search engine prime real estate, Peter writes.

    And the new product Apple wants you to be excited about — the Vision Pro — hasn’t lived up to the hype. One of the biggest issues, writes BI’s Katie Notopoulos, is that it’s unclear what the headset should be used for.

    It’s not all bad news. Apple reported strong earnings last week, and, more importantly, pulled Wall Street’s favorite lever: buybacks.

    amazon, microsoft, apple wants to give the ipad a boost

    Lauren DeCicca/Getty Images

    Apple still has some exciting things in the pipeline.

    AI, naturally, is a big one. All eyes are on how the tech will be integrated into the iPhone. Apple has remained tight-lipped, with CEO Tim Cook only teasing a big AI announcement in the “coming weeks.”

    I decided to ask Katie what she’d like to see out of the Apple event today:

    “New iPads aren’t really too exciting unless you’re already planning to buy a new iPad. (I’m not planning on it, and if I was, I’d probably get an iPad Mini, which isn’t expected to get an update at this event.)

    But I am curious to see if the new iPad Pros will have the latest M4 chip, which isn’t even in MacBooks and Macs yet. If it is, we’ll get a peek at what it’s capable of when it comes to regular computers later on.

    I’m also looking forward to watching the livestream, because even if the Apple Pencil is kind of boring (to me), these Apple events are always fascinating: a huge marketing spectacle that always has some subtle clues about how Apple wants to position itself.”

    3 things in markets

    amazon, microsoft, apple wants to give the ipad a boost

    Getty Images; Alyssa Powell/BI

      Blackstone’s $114 billion real-estate fund has veteran analysts worried. The private-equity giant found success pitching ordinary investors on BREIT, a commercial real-estate fund. But some veteran analysts, accountants, and investors believe Blackstone’s estimates of BREIT’s assets are wildly inflated, making it essentially a house of cards.

      You thought your interest payments were bad… The US government is shelling out $2 million a minute for interest payments on its debt. The first three months of the year saw the US Treasury foot a $234 billion bill in interest expenses.

      Recession watch. Official data from the National Bureau of Economic Research shows a promising trend — that economic slumps are becoming less common. But some analysts, including veteran forecaster Danielle DiMartino Booth, are warning that the recession might already be here as job cuts accelerate.

    3 things in tech

    amazon, microsoft, apple wants to give the ipad a boost

    James Devaney/GC Images via Getty Images; Roger Kisby/WWD/Penske Media via Getty Images

      Jack Dorsey’s in his “I love Elon” era. Dorsey has loved and hated Elon Musk over the years. Now it looks like he’s fawning over the Tesla CEO. Most recently, Dorsey announced he was no longer on the board of Bluesky, a prominent rival of Musk’s X.

      Satya Nadella could prove Microsoft doesn’t need OpenAI. The company is reportedly working on its own in-house AI model called MAI-1. Its successful development could prove Microsoft doesn’t need ChatGPT maker OpenAI to get ahead in the AI wars.

      Tech titans have weird management habits. From Jeff Bezos’ “two-pizza rule” to Mark Zuckerberg wearing the same outfit every day, here’s a round-up of the unconventional practices employed by some of the world’s best-known CEOs.

    3 things in business

    amazon, microsoft, apple wants to give the ipad a boost

    Wlad74/Getty Images

      Nuclear power + data centers = “perfect marriage.” Data-center operators like Amazon have sought out nuclear power to fuel soaring growth. Nuclear execs see it as a boon, but energy experts worry about the implications for the power grid.

      How much Warren Buffett lost on Paramount. The Berkshire Hathaway investor says he lost “quite a bit of money” betting on the media company. He didn’t disclose how much money he lost, but we tried doing the math. It could be around $1.5 billion.

      a16z joins the Big Tech “fake work” debate. In an interview published Monday with Emily Sundberg for her Substack newsletter “Feed Me,” Andreessen Horowitz general partner David Ulevitch called Google “an amazing example” of a corporation employing people in “BS jobs.” Around half the tech giant’s white-collar staff probably do “no real work,” he added.

    In other news

      What’s happening today

        Today’s earnings: The Walt Disney Company, Reddit, and other companies are reporting.

        Russian President Vladimir Putin will be inaugurated today after winning elections in March.

      The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Hallam Bullock, senior editor, in London. George Glover, reporter, in London.

      If you enjoyed this story, be sure to follow Business Insider on Microsoft Start.

      OTHER NEWS

      15 minutes ago

      Hundreds gather to mourn Chicago high schooler Marko Niketic, 17, killed when Mustang rammed into his Mercedes

      15 minutes ago

      SNL skewers Trump over his hush money trial and praise for Hannibal Lecter - as Kristi Noem is roasted for killing her puppy

      15 minutes ago

      Bukayo Saka MISSES Arsenal's final game of the season through injury - as Gunners are dealt huge blow for crunch title showdown

      15 minutes ago

      Mascot race ends in hilarious fashion with ultimate fail seeing competitor suffer embarrassing loss

      16 minutes ago

      Bella Hadid displays her jaw-dropping figure in a skimpy pink bikini as she soaks up the sun at Hotel du Cap-Eden-Roc during Cannes Film Festival

      17 minutes ago

      Father 'relieved' as daughter's body returns to Israel

      17 minutes ago

      Ex-Man Utd star Carlos Tevez quits manager's job only six months after signing new deal

      17 minutes ago

      Saudi crown prince, US national security adviser meet on bilateral deal

      18 minutes ago

      Stoneman ton takes Middlesex ahead of Glamorgan

      18 minutes ago

      Anger in Devon as more cases of waterborne disease expected

      18 minutes ago

      Casemiro speaks out on position change after torrid spell at centre-back

      18 minutes ago

      Congolese army says it has foiled a coup. Self-exiled opposition leader threatens president

      18 minutes ago

      Raducanu withdraws from French Open qualifying

      18 minutes ago

      Josh Kroenke sends positive message to Arsenal fans ahead of summer transfer window

      19 minutes ago

      'This Week' Transcript 5-19-24: Sen. Chris Van Hollen & Victoria Nuland

      22 minutes ago

      The forgotten world of weird old stereo system accessories

      25 minutes ago

      Two flowers all gardeners should cut back in May, according to Monty Don

      25 minutes ago

      Saturday Night Live: Jake Gyllenhaal delivers the season’s strongest episode

      25 minutes ago

      We are a step closer to taxing the super-rich

      26 minutes ago

      The Technocrat Who’s Taking Control of Putin’s War Effort

      26 minutes ago

      Veteran journalist and environmental pioneer James Clarke dies at 90

      26 minutes ago

      5 States with Tough Highway Patrol and Pricy Tickets

      26 minutes ago

      Surprising job that pays $50 an hour and requires no university degree

      26 minutes ago

      Tyson Fury vows he would’ve chased Oleksandr Usyk knockout if he knew he was down

      26 minutes ago

      Sydney council votes to overturn controversial same-sex parenting book ban

      26 minutes ago

      Hollywood Needs to Bring Back the Four-Hankie Tear-jerker

      26 minutes ago

      Brutal bank closures leave millions stranded in banking deserts - check your area

      28 minutes ago

      Robbers made off with "several million euros" of jewels in armed heist of ‘Jeweler to the Stars’

      32 minutes ago

      Met Office Sunday afternoon weather forecast 19/05/2024

      32 minutes ago

      Areas in Britain where investors are stockpiling more gold than anywhere else is revealed - as map shows where in the country people are most likely to put their money into the precious metal

      32 minutes ago

      Rise of the fast food £5 meal deal: Health experts warn against takeaway grub becoming 'workplace appropriate' thanks to KFC's £5 offer and Domino's £4 deal

      32 minutes ago

      What happens if the presidential election between Biden and Trump ends in a TIE? It happened exactly 200 years ago...

      33 minutes ago

      Rescuers head to scene of helicopter incident on Iranian president’s trip

      33 minutes ago

      Why Red Lobster’s downfall hits differently for Black communities

      33 minutes ago

      Basketball player collapses mid-game

      33 minutes ago

      Your iPhone's Notes App Is a Secret Weapon for Private Conversations. How It Works

      33 minutes ago

      Golden wig belongs to Thutmose III's wife found in Egypt, here's full story

      33 minutes ago

      Australian Defence Force ready to fly to New Caledonia as France launches raids on independence strongholds

      35 minutes ago

      Amazon CEO: An 'embarrassing' amount of your success depends on this one skill

      38 minutes ago

      Helicopter carrying Iran's president suffers a 'hard landing,' state TV says without further details

      Kênh khám phá trải nghiệm của giới trẻ, thế giới du lịch