Im kayle Bloomberg Technologys next. Cory im cory johnson, in for emily chang. This is Bloomberg Technology. Softbanks ceo is about to add to his tech portfolio. Buer uber investors agreed to sell him a 20 stake in the right ailing giant ridehailing giant. We will look back at the year uber likely wants to forget, but we wont. Plus, more highlights of our interviews with leaders who helped Shape Technology over the past year. Son of softbank close on a deal to buy a large stake in uber. The sale implies a 48 billion valuation for uber, way down from the 69 billion valuation it achieved not long ago. Here is what son had to say about uber back in august. I think the way people use the transportation and the lifestyle will be different from , 30 years later, 50 years later. It will be very different. Autonomous car is coming. Comes, thist stage tide rideshare business becomes even more important. Cory joining us now to discuss the news, bloombergs redstone brad stone. Let me start with y
Bitcoins shadow. Analysts have a lower iphone x shipments projections for the next quarter. The iphone high price and a lack of groundbreaking innovations. Ork cited the iphone x was released six weeks after the iphone eight. Bere were concerns that may they got too close to samsungs phone. Competition is another part of this . Exactly. Particularly in china, a lot of the local manufacturers are coming out with products that have very similar features. Nobody quite yet has the Face Identification or the sensor that the iphone has. That has not been enough to. It is usually a big part of apple strategy. With these phone releases, and has generated the potential for new applications, but we have not seen that. There are not a lot of applications for the Face Identification. The phone has a lot of interesting features, but there are not really any uses for them yet. Secretive about what they have in the pipeline, in terms of hardware. When they unveiled the phone in september and it was r
Lowered iphone x shipment projections for the next quarter. Sales have declined. The iphones high price and a lack of groundbreaking innovations. We talked to Bloomberg Technologys alex webb. Alex the iphone x was released six weeks after the iphone 8. There was a fear if they got too close to samsungs highend smartphone. Cory competition is another part of this . Alex exactly. Particularly in china, a lot of the local manufacturers are coming out with products that have very similar features. Nobody quite yet has the Face Identification or the sensor that the iphone has. Some of these analysts were writing earlier today, that has not been enough. Cory a big part of the apple isategy of the phones drumming up the marketplace with potentially new applications that we have not seen. The phone could do really cool face recognition stuff. It has interesting features that other phones did not have, but there are not really any uses for them yet. Alex apple is very secretive about what they
But first, apple analysts have lowered iphone x shipment projections for the next quarter citing weak demand late in the , holiday season. Iphone sales have declined by 10 Million Units next quarter. Other analysts cite the iphones high price and a lack of groundbreaking innovations. We talked about that to Bloomberg Technologys alex webb. Alex the iphone x was released six weeks after the iphone 8. And so there was a fear that maybe if they got too close to the release date of samsungs next highend smartphone which will probably come in march, there would not be enough demand to sustain the demand they otherwise have to get. Cory competition is another part of this . Alex exactly. Particularly in china, a lot of the local manufacturers are coming out with products now which have a better price point than what apple is able to offer but have similar very , similar features. Nobody quite yet has the Face Identification or the sensor that the iphone has. Some of these analysts were writi
Lowered iphone x shipment projections for the next quarter, citing weak demand late in the holiday season. Iphone sales have declined by 10 Million Units next quarter. Other analysts cite the iphones high price and a lack of groundbreaking innovations. We talked about that to Bloomberg Technologys alex webb. Alex the iphone x was released six weeks after the iphone 8. And so there was a fear that maybe if they got too close to the release date of samsungs next highend smartphone which will probably come in march, there would not be enough demand to sustain the demand they otherwise have to get. Cory competition is another part of this . Alex exactly. Particularly in china, a lot of the local manufacturers are coming out with products now, which have a better price point than what apple is able to offer, but have similar very features. Nobody quite yet has the Face Identification or the sensor that the iphone has. Some of these analysts were writing earlier today, that has not been enou