Apple moves to revamp the iPad as more speculators snap up bearish bets after tumbling sales in 2015. Analysts say it’s partly due to the release of the iPhone 6 and 6 plus that features larger screens for consumers plus the fact that iPad upgrades aren’t offered as quickly. Regardless of the reason, Apple iPad sales are slipping in the consumer market, having fallen for six straight quarters. That’s why the company is now looking to revamp the tablet and refocus it towards businesses. Ameera David weighs in.
Then, Edward Harrison sits with John McDonnell, the co-founder and CEO of Bitnet, a digital commerce platform. The two discuss the future of the cryptocurrency, Bitcoin and how it’s becoming more of a payments and transaction system.
After the break, Max Wolff, Chief Economist at Manhattan Venture Partners is on the show to talk about Apple. According to reports, Apple is set to unveil the new Apple TV in the fall. The device will be launched with its own app store and a software development kit for developers.
Afterwards, Ameera and Erin Ade talk about Chinese e-commerce giant, Alibaba. Analysts have cut their price targets for Alibaba Group shares after the stock fell to a post flotation low.
And in The Big Deal, Ameera is joined by Edward Harrison from San Francisco to discuss this year’s Coin Congress conference.
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