iPhone 8 Plus Allegedly Splits Open While Charging, Apple ‘Looking Into’ Reports

iPhone 8 Plus Allegedly Splits Open While Charging, Apple 'Looking Into' Reports

HIGHLIGHTS

  • Only two cases have been reported so far
  • iPhone 8 Plus battery being blamed
  • Apple is “looking into” the issue

Apple is said to be investigating two reported cases of iPhone 8 Plus ‘splitting open’ thanks to swollen batteries, which have been circulating on the social media. The news comes merely few days after the iPhone 8 and iPhone 8 Plus went for sale in several markets. Reports have emerged from Taiwan and Japan.

Apple has confirmed that it is “looking into” the two reports where the iPhone 8 Plus casing opened up, according to The Independent. For now, the Cupertino-based giant declined to further comment on the issue. It’s not certain what caused the problem, and it’s being thought to be a battery failure, which causes it to swell up.

A Taiwan-based report by ifeng, shared by The Next Web, last week claimed that a iPhone 8 Plus unit cracked open while charging, possibly due to a swollen battery.

ifeng claims that iPhone 8 Plus faulty battery was reported by a woman named Wu, who renewed her phone contract and bought 64GB Rose Gold iPhone 8 Plus. Wu noticed the swollen battery five days after purchase when the handset was plugged for charging. Notably, the faulty iPhone 8 Plus battery issue has been reported by Wu who was using the bundled charger and adaptor. The report adds Wu noticed the front panel bulging out just after three minutes of charge, and it finally came completely off from the device. The report claims that the iPhone 8 Plus unit was replaced and has been sent to Apple for investigation.

In another similar incident, a Japanese iPhone 8 Plus user noticed the screen eventually detaching from the chassis possibly due to swollen battery issue. The Japanese user shared images of the faulty unit on Twitter which attracted over 14,000 retweets.

For now, there are just two reports of isolated incidents, so it’s best to wait for the results of the company’s investigation into the issue before jumping to conclusions about the iPhone 8 Plus, and possible similarities with the Samsung Galaxy Note 7, which was recalled last year due a fire hazard related to the battery.

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Sony Reports Record Profits on Sales on Image Sensors

Sony Reports Record Profits on Sales on Image Sensors

HIGHLIGHTS

  • Success of Spider-Man: Homecoming has fuelled hopes of a rise in earnings
  • Profit increased 2.8 times to JPY 157.61 billion
  • The profit surge comes mainly from Sony’s image sensor business

Japan’s Sony on Tuesday reported its highest-ever first-quarter operating profit, taking the electronics giant one step toward its highest annual profit in two decades on the back of robust sales of image sensors.

In a vote of confidence for Sony’s turnaround under Chief Executive Officer Kazuo Hirai, the firm’s shares have risen by around 40 percent this year to nine-year highs.

The box-office success of its Spider-Man: Homecoming (Review) film has also fuelled hopes of a rise in earnings for Sony’s pictures business, which is working through a restructuring plan.

Profit increased 2.8 times to JPY 157.61 billion ($1.43 billion or roughly Rs. 9,164 crores) in April-June, exceeding the previous first-quarter record of JPY 121.3 billion set in 2007.

The result compared with a Thomson Reuters Starmine SmartEstimate of JPY 129.14 billion drawn from 10 analyst views.

The profit surge comes mainly as Sony’s image sensor business returned to stability having recovered from earthquake damage sustained a year ago, the company said.

Sony’s semiconductor division, which includes image sensors, posted an operating profit of 55.4 billion yen, reversing the year-earlier loss of JPY 43.5 billion, as operations at a key plant fully resumed to meet brisk demand for image sensors for smartphones.

The consumer electronics business was also profitable as it focused on high-end television sets and smartphones without seeking to increase in scale.

Together, strong performance across Sony’s divisions is pushing profit to golden-era levels. Nevertheless, analysts said the firm is yet to find long-term drivers of growth.

With the future in mind, Sony is using its newly recovered financial strength to venture into acquisitions. On Monday, it said it had bought most of the distributor of the English-language versions of Dragon Ball Z and One Piece animations.

The firm maintained its profit forecast of JPY 500 billion for the year ending March.

While that is below the market’s average forecast of JPY 562.19 billion, it would still be the highest since the company made JPY 526 billion in the year ended March 1998, when it enjoyed strong sales of its first PlayStation games console and other electronics. It also benefited from box-office hit Men in Black.

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Spotify Signs Sony Royalty Deal While Warner Holds Out: Reports

Spotify Signs Sony Royalty Deal While Warner Holds Out: Reports

Spotify has reached a licensing deal with a second major label, Sony Music Entertainment, according to media reports, setting the stage for a US stock market listing by the music streaming leader.

Recently valued at $13 billion (roughly Rs. 83,810 crores), Sweden’s Spotify is planning a direct listing on the New York Stock Exchange later this year or in early 2018, sources told Reuters in May.

Sony agreed to reduce royalties that Spotify must pay in return for the streaming service restricting new albums to paying subscribers for two weeks before offering access to free users, the Financial Times reported, citing a single source.

Sony’s top artists include Adele, Beyonce and Shakira.

Spotify is also in talks with Warner Music Group , Billboard reported.

Favourable royalty terms are crucial for Spotify to attain profitability and to make it a viable long-term holding for investors.

The company reported a EUR 349 million ($400 million) operating loss, a 47 percent increase on a year earlier, even as revenue grew 50 percent to EUR 2.93 billion.

In April, it signed a multi-year licensing deal with Vivendi’s Universal Music Group, with a similar two-week release window for new albums and a break on the royalties Spotify pays Universal.

It also signed up digital agency Merlin, on behalf of more than 20,000 independent labels.

Last year, Universal held a 28.9 percent share of global music label revenue, Sony Music generated 22.4 percent and Warner 17.4 percent. Independent labels made up the remaining 31.3 percent, MIDiA Research data showed.

Spotify has fended off competition from rival Apple Music, with nearly double the number of paying subscribers.

In March, Spotify said it had more than 50 million paying subscribers and 140 million active users, including free listeners. Apple reported 27 million music subscribers last month, up from 20 million in December.

The company has faced boycotts from some top music artists who have complained its free services undercut the value of their work but the major label licensing deals have gone some way toward easing these tensions, according to analysts.

Spotify declined to comment. Sony Music Entertainment and Warner Music Group did not respond to requests for immediate comment.

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Alexa and AWS Star as Amazon Reports Jump in Quarterly Profit

Alexa and AWS Star as Amazon Reports Jump in Quarterly Profit
Amazon reported on Thursday that profit leapt during the year-end holiday shopping season, but the tech giant saw shares sink as revenue fell shy of high expectations.

While revenue rose to $43.7 billion (roughly Rs. 2,94,481 crores) from $35.7 billion (roughly Rs. 2,40,572 crores) in a similar year-over-year comparison, Wall Street had expected Amazon to take in more cash during the key holiday shopping season.

“Amazon is usually a retailer that operates at full volume, the noise of its sales growth a clarion call in an often muted retail sector,” said GlobalData Retail analyst Anthony Riva.

“However, this quarter that volume seems to have been turned down a couple of notches.”

Amazon shares were down more than four percent to $805.40 in after-market trades that followed release of the earnings report.

Net income for the quarter was $749 million (roughly Rs. 5,047 crores), compared with $482 in the same period a year earlier, according to earnings figures.

While Amazon is known for its huge online retail operations, it is also a major provider of cloud computing, and is a rival to Netflix in streaming video. It has been ramping up efforts in artificial intelligence with its Alexa-powered speakers and partnerships with makers of connected devices.

Amazon founder and chief executive Jeff Bezos said the company is looking for growth via its “Prime” subscription service, which gives customers access to video, music and other services and free two-day shipping.

Bezos said in a statement that Prime Video was now available in some 200 countries and territories.

Its retail operations took in $26 billion in North America and $14 billion in the rest of the world.
‘Super Cloud’
Amazon Web Services and rival Microsoft Azure will be the “only two super clouds” where businesses rent storage or computing power for online operations, but that value is already built into the share price, Global Equities Research analyst Trip Chowdhry said in a note to investors.

The earnings report said the cloud unit known as Amazon Web Services saw revenue jump 47 percent in the quarter to $3.5 billion.

Echo resounding
Devices infused with Alexa artificial intelligence were top selling products at Amazon.com during the holiday season, according to the company.

Sales of Echo home virtual assistant devices, which are built with internal machine smarts, jumped nine times higher than during the same quarter a year earlier, Amazon said.

Alexa was one of the big winners at this year’s Consumer Electronics Show, cropping up in TVs, cars, fridges – you name it – in what appeared to be a breakthrough moment for the smart technology.

Out to deliver
Amazon continues to invest in its core retail network. This week Amazon announced plans to strengthen its distribution muscle by building its first air freight hub – an investment of nearly $1.5 billion.

A hub for the company’s growing fleet of Prime Air cargo planes will be built at an airport in northern Kentucky, adding more than 2,000 US workers to the approximately 10,000 people it already employs at fulfillment centers in that state.

Low cost and fast delivery are a fundamental part of Amazon’s appeal to consumers, but are also its “Achilles’ heel” because speedy shipping can be most costly, said analyst Riva.

“As much as this quarter has been more subdued, Amazon remains firmly on the front foot in terms of innovation,” Riva said.

“This alone will continue to make it a retail out-performer, at least in sales terms, over the next year and beyond.”

Tags: Amazon, US, Jeff Bezos, Amazon Echo, Alexa, Prime Air, Amazon Prime, Internet, Apps

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