Apple Reportedly Readying Faster iPads
As the work-from-home trend continues around the world.
As the work-from-home trend continues around the world.
Working from home has been an enduring trend from the Covid-19 pandemic and technology giant Apple may be ready to capitalise on that further.
According to a Bloomberg report on Wednesday, the company is aiming to spruce up its current iPad Pro models, with better cameras and faster processors. Those models—11-inch and 12.9-inch—could be making their debut as soon as April, the report said.
A spokesperson from Apple could not immediately be reached for comment.
Newer features may include a Mini-LED screen and faster processors, comparable to the M1 chip powering the newest MacBook Air, MacBook Pro and Mac mini. The company launched that new line of Macs last November, marking the first time the Apple-designed M1 chips were used.
Critics raved about those new MacBooks, saying they outperformed pricier Macs powered by Intel chips.
The work/school-from-home trends emerging from the Covid-19 pandemic have proven lucrative for the company. Apple posted a stunning quarter in late January, with double-digit growth in all of its product categories, including strong iPad sales.
Shares of Apple have struggled alongside tech stocks this year, down around 6% as investors have favoured more value-focused plays, directly tied to an economic recovery. Apple shares gained 80% both last year and in 2019. The stock got a boost earlier this week when Evercore ISI analyst Amit Daryanani told clients that the shares look cheap and lifted his price target to US$175 from US$163.
Reprinted by permission of Barron’s. Copyright 2021 Dow Jones & Company. Inc. All Rights Reserved Worldwide. Original date of publication: March 18, 2021.
The sports-car maker delivered 279,449 cars last year, down from 310,718 in 2024.
A long-standing cultural cruise and a new expedition-style offering will soon operate side by side in French Polynesia.
The sports-car maker delivered 279,449 cars last year, down from 310,718 in 2024.
Porsche car deliveries fell 10% in 2025 as demand was hit by a slowdown in luxury spending in China and as it ceased production of its 718 Boxster and 718 Cayman models through the year.
The German luxury sports-car maker said Friday that it delivered 279,449 cars in the year, down from 310,718 in 2024.
The company had a tumultuous year as it contended with a stuttering transition to electric vehicles and a tough Chinese market, while the Trump administration’s automotive tariffs presented a further headwind.
Deliveries in its largest sales region of North America were virtually flat at 86,229, but continued challenges in China meant deliveries in the country dropped 26% to 41,938 vehicles.
Automakers have faced intense competition in China, sparking a prolonged price war as rivals cut prices to win customers, while a lengthy property market slump and economic-growth concerns in the country has also led to buyers pulling back on luxury spending.
“Key reasons for the decline remain the challenging market conditions, particularly in the luxury segment, and the very intense competition in the Chinese market, especially for all-electric models,” the company said.
Other German brands including Audi, BMW and Mercedes-Benz have all recently reported that the challenging Chinese market hit demand last year.
In Europe, Porsche deliveries fell 13% to 66,340 cars excluding its home market of Germany, while German deliveries dropped 16%.
The company cut guidance several times last year as it warned of hits from U.S. import tariffs, investments in new combustion engines and hybrid models amid the slow uptake of EVs, and the competitive situation in China.
Porsche also last year announced plans to scale back its EV ambitions and instead expand its lineup with more gas-powered and plug-in hybrid models than it had originally planned.
However, in its statement Friday, the company said it increased its share of electrified-vehicle deliveries in the year. Around 34% of vehicles delivered worldwide were electrified, an increase of 7.4 percentage points on year, with about 22% all-electric vehicles and 12% plug-in hybrids.
That leaves its global share of fully-electric vehicles at the upper end of its target range of 20% to 22% for 2025.
In Europe, for the first time in 2025, more electrified vehicles than purely combustion engine vehicles were delivered.
The Macan topped the delivery charts in the year, while the 911 reached a record high with 51,583 deliveries worldwide, it said.
Porsche said it is investing in its three-pronged powertrain strategy and will continue to respond to increasing demand for personalization requests from customers.
“We have a clear focus for 2026,” Sales and Marketing Chief Matthias Becker said. “We want to manage supply and demand in accordance with our ‘value over volume’ strategy.
“At the same time, we are realistically planning our volume for 2026 following the end of production of the 718 and Macan with combustion engines.”