September 9, 2022

Apple can detect your next car crash

This week’s launch event saw Apple make its pitch to customers for the next 12 months, unveiling a slew of new features while freezing prices in most markets. These are the five big stories from the week that was. 1. The Big Apple An iPhone that can detect a car crash? An Apple Watch that…

By Jack Derwin

Home > Blog > News & Insights > Apple can detect your next car crash

This week’s launch event saw Apple make its pitch to customers for the next 12 months, unveiling a slew of new features while freezing prices in most markets. These are the five big stories from the week that was.

1. The Big Apple

An iPhone that can detect a car crash? An Apple Watch that can knock you up? An SMS you can unsend? You better believe it, buster.

If you wanted those new features and a few design tweaks, the company’s launch event this week delivered. 

But iPhone prices will mostly stay steady. Apple is betting that by absorbing rising costs, more customers will upgrade (and buy more services).

But it’s not done yet. There are still new iPads, Macs and possibly even VR gear to launch and send off to a ‘Genius Bar’ (gross) near you.

2. Mouse members

Every company and their subsidiary seems to be moving into subscriptions so it was only a matter of time before Disney tried its hand.

The new Disney subscription would tie together products, theme parks and streaming and in turn, discount and reward members.

It’s a leaf out of Amazon’s book that an increasing number of brands are trying, bundling their offerings up to lock in recurring revenue. 

3. ASX wrap 

Shares in Tyro have surged after the fintech company rejected a takeover bid worth $658 million but indicated it was open to a better one.

Shares in Woodside dragged as the big oil and gas giant went ex-dividend (investors who sold after the date still got their dividends).

Seven and Foxtel (News Corp) paid $4.5 billion for seven years of AFL broadcast rights while Bunnings (Wesfarmers)  is going all in on tradies.

4. Car lot

Rivian will team up with Mercedes-Benz to build commercial electric vans, with each company to collaborate and design their own version.

Volkswagen says it will float Porsche on the public market. Valued at up to 85 billion euros, it could be the biggest European IPO since 1999.

Finally, Chinese EV-makers are under pressure after missing their delivery targets during lockdowns. XPeng is down around 13% this week.

5. Market swings (and roundabouts)

Early this week fairly strong economic data from the U.S. was negated by investors fearing more rate hikes. 

Then the ASX rallied yesterday after the RBA implied hikes here wouldn’t be as hard and fast as feared. 

Renewed optimism helped lift a load of lithium names higher late this week, including Pilbara Minerals, Allkem and Liontown Resources. 

 

Sign up to Superhero for free and receive regular market updates, news and explainers.

23-10_general_CTA-banner@2x

Become a part of

our investors' community

Why you should join us:

  1. Join free and invest with no monthly account fees.
  2. Fund your account in real time with PayID.
  3. Get investing with brokerage from $2. Other fees may apply for U.S. shares.

Read our latest articles

Make knowledge your superpower and up your skills and know-how with our news, educational tools and resources.

rio tinto
star casino sydney
china stimulus
rea group
Close up of me Bank branch signage
Close up of CommBank branch signage
japanese yen and usd
Close up of major tech apps on a phone
Macro shot of Elon Musk and his X (formerly Twitter) profile
bridgerton netflix
ai companies openai stabilityai anthropic
mygov rebate
apple intelligence
soldier holding droneshield gun dronegun tactical
closeup of AI chip
nvidia chip
alibaba on nyse
disney+ first profit
apple iphone macbook
google office dividend
netflix subscribers grow
clothes rack
bob iger with minnie mouse
TMTG media
reddit ipo
xiaomi porsche tesla eectric vehicle su7
facebook news meta
c3.ai stock ai
NVIDIA surpasses Amazon, Alphabet, Tesla and Meta
CSL’s heart medicine misses a beat
Disney’s $1.5 billion foray into gaming
Meta and Amazon surge after earnings reports
Tesla Model Y gets the gold medal
Apple finally takes Samsung's crown
microsoft replacing lithium with sodium for batteries
tesla byd sales
New Apple Watches don’t make it to the holidays
Tesla’s largest vehicle recall yet
Lights out for Brookfield bid
Apple cuts its Goldman Sachs credit cards
NVIDIA’s export ban and OpenAI’s big week
ChatGPT’s win is Microsoft’s win
Pilbara Minerals records lower revenue
Microsoft acquires Activision Blizzard for US$69b
Atlassian acquires Loom in A$1.5b deal 
Airbnb looks to long-term listings and car rentals
Is Amazon “too” prime?
The RBA was considering a rate hike this month
Apple drops new iPhone to tighter wallets
This megabyte-sized IPO is giving Nvidia the jitters
Flight Centre is back to the future with dividends
Nvidia's hot chips
Seven West’s profit goal miss
CBA’s $10b cha-ching!
Your Uber (profit) has arrived
Carvana’s 1000% nirvana
"Game on" for Microsoft's mega-deal
Ice Cubes with Potential IPOing companies logo
Liontown the pride leader
A forced marriage of two banking titans UBS bank CreditSuisse
SVB - The biggest banking collapse since 2008
The Apple of Goldman’s Eye
Bunnings snags a bite of the pet market
ETF providers go head-to-head on fees
Retailers report bumper earnings
Disney to let go of 7000 staff
Big week for tech as Nasdaq sets new record
Spotlight: Tesla's earnings accelerate
Virgin Australia prepares for takeoff
Spotlight: ChatGPT - Rise of the Machine
Nike swooshes into 2023
Disney's Avatar returns after more than a decade
SpaceX launches further into space
Elon picks a fight with Apple
Abercrombie & Fitch is so hot right now
The wheels fall off Deliveroo
Meta cuts a record number of jobs
Call of Duty fires on record sales
Alphabet is feeling the heat
WWE's finishing move on Wall Street
Microsoft takes the FOMO out of WFH
Elon and Twitter's billion dollar problem
Harley-Davidson electrifies Wall St
Take-Two suffers historic hack
Apple can detect your next car crash
Spotlight: Snapchat snaps back to basics
$5 pizzas are a dying breed
Elon kicks off Man United's share price
Markets are bouncing back on a tech rally
It's a full house at Airbnb
Macca's will now pay you to stay
Elon bins Bitcoin, lights up lithium instead
Flight Centre is the most shorted stock on the ASX
Amazon is knocking on your door
Disney just bumped Netflix out of the F1
Why Kellogg's is splitting into three
Why are markets so scared of interest rates?
Why Apple is becoming a bank
Why franchises are the future of streaming
Can Kim Kardashian save Beyond Meat?
Why Warren Buffett is buying like it's 2008
Google wants a bite of Apple's hardware empire
Amazon, eBay and Shopify warn the online shopping spree is over