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9 Great Reads From CNET This Week: IOS 16, Metaverse, Ms. Marvel And More


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9 Great Reads From CNET This Week: iOS 16, Metaverse, Ms. Marvel and More


9 Great Reads From CNET This Week: iOS 16, Metaverse, Ms. Marvel and More

This week brought us Apple's annual Worldwide Developers Conference, when the maker of Macs and iPhones shares details of coming changes to the software that runs those and other devices. WWDC is on the geeky side, but it's also pretty clear what's in store for everyone who uses Apple products.

We found out, for instance, about iOS 16, coming to iPhones later this year with features like an updated lock screen heavy on customization; Apple Pay Later, which splits the cost of a purchase across four payments; and Safety Check, designed to help people at risk of abuse. We got a peek at MacOS Ventura, along with a redesigned MacBook Air and a 13-inch MacBook Pro, both of which will pack the new M2 chip. And we learned about WatchOS 9 and iPadOS 16, too.

Our stories about WWDC came to you among the many in-depth features and thought-provoking commentaries that also appeared on CNET this week. So here you go. These are the stories you don't want to miss. 

Commentary: Apple's changes to the iPhone lock screen are a bigger deal than you think.

iOS 16 logo shown on an iPhone with a yellow background
James Martin/CNET

Commentary: Moderating social media is hard. Moderating the metaverse will be harder. 

A woman wearing a VR headset and holding controllers in a room lit up like a disco ball
Getty/Xinhua News Agency

As tech's reach grows, companies are taking on a new, very personal, set of issues.

Apple logo designed to look like a padlock
Screenshot/CNET

Here's why people freeze in place and have waking nightmares.

A bed floating in midair
OsakaWayne Studios

The new MCU series about a Pakistani Muslim-American superhero shows just how far Hollywood has come.   

Kamala Khan, aka Ms. Marvel, with mask and scarf, and hands on hips
Disney Plus

I don't recommend it.

A man sitting up with a sleeping bag wrapped around him
Ben White

Initial analysis of the samples from asteroid Ryugu show the rock could change our understanding of the early solar system.

A spacecraft with two large solar arrays touches down on a rocky gray surface
JAXA/Akihiro Ikeshita

Commentary: WatchOS 9's new running features could pair nicely with the rumored Apple Watch Explorer Edition.

Apple Watch Series 7 on a wrist
Lisa Eadicicco/CNET

Google, Apple, and Microsoft expect passkeys can completely replace passwords. Apple support arrives in iOS 16 and MacOS Ventura.

A dialog box on a Mac screen shows how passkey logon works
Apple

§

This story is part of WWDC 2022, CNET's complete coverage from and about Apple's annual developers conference.

What's happening

Apple's WatchOS 9 update will bring new athletic performance metrics to the Apple Watch, among other key improvements to health and fitness tracking.

Why it matters

The update could be setting the stage for the rumored rugged Apple Watch expected to debut this year.

What's next

Apple will launch WatchOS 9 in the fall, possibly alongside three new Apple Watch models.

If WatchOS 9 serves as any indication, the Apple Watch's future is all about health and fitness. That message was front and center in June when Apple unveiled the new software, which is now available in beta ahead of its fall launch.  

The update will bring more sports-performance tracking metrics (especially for runners), deeper sleep monitoring and tools for logging medication. It's impossible to know what to expect until Apple announces its next smartwatch (or smartwatches). But WatchOS 9's focus on athletic training seemingly sets the stage for the rumored Apple Watch Explorer Edition, which we might see later this year. 

Read more: This Stylish, Luxury Hybrid Watch (Almost) Made Me Ditch My Apple Watch

It also suggests Apple wants its smartwatch to appeal to pro athletes, casual exercise enthusiasts and those who need to monitor cardiac health all at the same time. The next crop of Apple Watches rumored for the fall will likely come with new hardware to better support that vision -- hopefully with better battery life, too.

WatchOS 9's workout features would be a great for an Explorer Edition Apple Watch

The Apple Watch Series 7 showing a workout screen

The Apple Watch Series 7

Lexy Savvides/CNET

Apple sprinkled a bunch of new workout tools and metrics throughout WatchOS 9. These include new running data points like stride length and ground contact time, the ability to track heart rate zones, interval training, a multisport workout type for triathlons and kickboard detection for swimmers. The announcement also comes after Apple made improvements to the Apple Watch's cycling detection last year. 

Only Apple knows what's in store for the future. But it feels like no coincidence that this update is coming as Apple is expected to launch a rugged Apple Watch designed for extreme sports this fall. Bloomberg reports an Apple Watch with extra impact resistance similar to Casio's G-Shock watches could be in the works. The watch is sometimes referred to as the Explorer Edition internally and may have a rubberized casing for additional durability, the report said. The device would reportedly be marketed as an alternative option for athletes and hikers alongside the standard Series 8 and next-generation Apple Watch SE.

Read moreiOS 16's Lock Screen Upgrades Make the iPhone More Like a Smartwatch

The Apple Watch already has plenty to offer fitness buffs, with many workout choices, activity goals and reminders, heart rate notifications and metrics like VO2 max and elevation. But until WatchOS 9 arrives, the Apple Watch will lack running-specific features that athletes might find useful. Garmin's running watches, for example, include tools like training programs for specific types of races, pace guidance and running metrics like cadence and stride length, among other features that vary by the model. 

The Apple Watch is already the world's most popular smartwatch with 36.1% of global shipments in the first quarter of 2022, according to Counterpoint Research. With the new measurements geared toward runners coming in WatchOS 9, Apple could further solidify its grip on the market by appealing to the more niche competitive sports audience. 

Even with the new features in WatchOS 9, the Apple Watch still won't offer quite as much feedback for runners as some specialized watches. But the new software certainly brings the Apple Watch closer than ever before.  

What else WatchOS 9 might tell us about the Apple Watch's future

Apple Watch Sleep tracking

The Apple Watch's new Sleep Stages feature in WatchOS 9

Screenshot/CNET

Apple's emphasis on fitness was at the heart of its WatchOS 9 announcement. But some of the software's other updates might also suggest Apple's future direction. For example, the company did more on sleep tracking by introducing Sleep Stages, a feature that analyzes the amount of time spent in various phases of slumber. Apple is playing catch-up in this regard; rival fitness trackers from Fitbit, Oura and Samsung have supported this feature for years.

Apple's expansion in sleep tracking indicates it expects Apple Watches to be worn overnight more frequently. That makes me believe Apple could be planning some type of improvement to the Apple Watch's battery life, although there's no way to know for sure until the company reveals its next watch. 

Apple says its smartwatch can last for 18 hours on a single charge, and anecdotally I typically get about one to two days out of it before it needs a power boost. The Apple Watch's battery life hasn't changed meaningfully in years, but Apple has worked around this by implementing faster charging speeds with the Series 6 and 7.  

Apple will likely continue down this path rather than dramatically improving the watch's battery life. But there's also a chance Apple could introduce a new low-power mode with more functionality than the watch's current power reserve feature, says Bloomberg. It was supposed to launch with WatchOS 9, according to the report, although Apple didn't mention a new low-power option during Monday's event. 

Considering that battery life has been one of the Apple Watch's persistent criticisms -- and not to mention Bloomberg's reliable track record -- I wouldn't be surprised to see this capability arrive in the future. And remember: Apple introduced new WatchOS 8 features for cyclists alongside the Apple Watch Series 7 during its fall product event in 2021. So there's a chance Apple could have more software features to announce later this year. 

WatchOS 9 also provides another signal that Apple is expanding its efforts in general health and wellness. A new feature called AFib History will allow those diagnosed with atrial fibrillation to access more information about their condition, such as an estimate of how often their heart rhythm is showing signs of A-fib. Another highlight in WatchOS 9 is the ability to track prescriptions and receive medication reminders. 

These updates indicate Apple sees its watch as a tool for tracking bodily changes over time that can be shared with physicians. And if reports from Bloomberg and The Wall Street Journal prove accurate, Apple will take that idea a step further by adding a temperature sensor to the Series 8.

Many of the Apple Watch's major turning points have historically been tied to new hardware releases. The Series 3, for example, was the first model to support cellular connectivity, making the Apple Watch feel like a stand-alone product rather than an iPhone companion. The Series 4 brought ECG monitoring and fall detection, broadening the Apple Watch's role as a health device.

WatchOS 9 isn't as big of a leap forward as those launches. But it will bring functionality that could be crucial in Apple's mission to make the Apple Watch the ultimate health and fitness device. And that's very telling of Apple's immediate and long term plans for the Apple Watch. 


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Apple Could Signal New Coronavirus, Chip Shortage Troubles Before IPhone 13 Release


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Apple could signal new coronavirus, chip shortage troubles before iPhone 13 release


Apple could signal new coronavirus, chip shortage troubles before iPhone 13 release

Many people throughout the US opted not to get a life-saving COVID-19 vaccine, despite its widespread availability throughout the spring and summer. Now coronavirus cases and deaths are ticking up across the US as we head into the fall, raising alarms with health officials and, apparently, Apple too.

The tech giant's already told employees it's delaying return-to-office plans until October at the earliest, mirroring moves from 2020 when companies began shifting schedules in response to worsening conditions. Apple was one of the first major companies to warn about disruptions from the coronavirus back in February of last year, a full month before the World Health Organization declared a pandemic and governments around the world started instituting lockdowns. Rumors are already swirling that Apple's next major product announcement will be held virtually as well.

On Tuesday afternoon, it may take another more public step when CEO Tim Cook is inevitably asked questions about the pandemic by Wall Street analysts following the release of the company's fiscal third-quarter results. And more eyes than usual may be on Cook as he speaks.

Apple's fiscal third quarter, which falls in the spring months ended in June, is typically the last earnings release before the company announces its next slate of iPhones. But last year at this time, Cook & Co. warned investors the iPhone would be delayed "a few weeks" from its typical September launch. There's good reason to believe Apple could pull a repeat performance, due to the combination of deepening coronavirus cases around the world and a global semiconductor shortage that major chip buyers and manufacturers warn could delay products for another year or more.

"We have a long way to go yet," Pat Gelsinger, head of chipmaking giant Intel, told the Wall Street Journal last week.

Apple's still expected to report $1 of profit per share, according to analyst surveys published by Yahoo. That would amount to a jump of 50% from the same time a year ago, off nearly $73 billion in revenue.

But larger questions still remain about the coronavirus and the potential disruptions it could cause.

screen-shot-2021-03-16-at-3-37-31-pm.png

Apple's helped fight coronavirus with new features in its phons, like a list of places to get COVID tests and vaccines.

Apple

While Apple's short-term plans may change due to COVID-19, analysts say they're closely watching its newest iPads, Mac computers and subscription efforts. For years, Apple's fate has been tied to the iPhone, which typically represents about half of the company's annual revenue. But in 2019, Apple started launching new subscription services, including its $5 per month Apple TV Plus for movies and TV, $5 monthly Apple Arcade for games and, last year, Apple Fitness Plus workout classes for $10 per month.

Each has received positive reviews, topped by Apple TV Plus earning 35 Emmy nominations earlier this month, led by its breakout sports comedy Ted Lasso.

Apple's subscriptions have grown to represent almost half of the company's overall services business, adding to its already popular App Store and iTunes music and movie store businesses. "We think services trends could trend more like a recurring revenue stream with less seasonal volatility in the coming years," analysts at Cowen wrote in a report to investors earlier this month.

The newest iPads and Mac computers are also garnering positive response. CNET Editor Scott Stein says Apple's home-grown M1 chips are "a leap up" and "dripping with power." And consumers are buying so many of the devices that Apple said it's struggling to keep them in stock.

Apple said it didn't know how long it would struggle to meet demand, but it expects to be "supply-gated, not demand-gated" for the foreseeable future. Loup Ventures analyst Gene Munster said in a blog post that he expects Apple will catch up to demand by the fall, "which leads us to believe the best days are still ahead for Mac and iPad."

Despite the Mac and iPad struggles, the iPhone appears to be humming along. Chatham Road Partners analyst Colin Gillis said in a note to investors that he expects "Phone as Fashion" will push further sales as people "want to show off the latest device" after a year in isolation. Canaccord Genuity analyst T. Michael Walkley, meanwhile, said he believes that 5G wireless is convincing people to open their wallets as well. And Apple's rumored to have already ordered more than 100 million chips for its next-generation iPhone, expected later this year. 

In the meantime, the larger answers about the coronavirus are still unclear. The federal government is continuing to advocate for vaccines, and a potential full FDA authorization for the injections is expected in the coming months. "The vaccine is free, safe and effective," President Joe Biden said in June. Apple CEO Cook's anxiety about the future may be a result of whether anyone's still listening.


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Apple's M1 Pro And M1 Max Chips Mean New Trouble For Intel


Apple's M1 Pro and M1 Max chips mean new trouble for Intel


Apple's M1 Pro and M1 Max chips mean new trouble for Intel

A year ago, Apple announced it was taking on Intel's most efficient chips by introducing lightweight MacBook laptops powered by the M1, a homegrown processor. On Monday, the consumer electronics giant expanded its challenge, launching MacBook Pro laptops built around the new M1 Pro and M1 Max that take on Intel's beefier chips.

The new MacBook Pros bode well for Apple's attempt to take firmer control over its products. And they're bad news for Intel, whose chips Apple is ejecting from its Macs after a 15-year partnership. It's a loss of revenue, prestige and orders to keep its factories running at full capacity.

"Intel has completely lost the Mac and is unlikely to regain it any time soon," New Street Research analyst Pierre Ferragu said in a research note Tuesday.

Intel didn't lose this big customer overnight. The company that was once synonymous with consumer computers -- remember Intel Inside? -- fell on hard times because of difficulties upgrading its manufacturing. New CEO Pat Gelsinger has started an Intel recovery plan, including an effort to revitalize manufacturing progress. But turning around a behemoth requires patience. 

Meet the Mac's new chips

Intel's troubles encouraged Apple to develop its own chip expertise and technology for computers. (It already designed its own A-series chips for the iPhone and iPad, and indeed the M-series chips capitalize on that investment.) The company's M1 processors, which came in last year's MacBook Air and low-end 13-inch MacBook Pro, were evidence it wanted to take control of its own future.

The M1 Pro and M1 Max demonstrate the company's increasing power as a chip designer. Both are designed for more capable models, the 14-inch and 16-inch Pros, geared for video editors, programmers and others with intense computing needs. The heft of the chips -- each of which sports eight performance and two efficiency cores, compared with the M1's four-by-four design -- is intended to sustain heavy work. They also come with much more powerful graphics processing power and memory, up to 16GB for the M1 Pro and 64GB for the M1 Max.

Miniaturization is what lets chip manufacturers economically squeeze in more transistors, a chip's electronic circuitry elements. The new M1 models are doozies of miniaturization, with 34 billion transistors in the M1 Pro and 57 billion in the M1 Max. That's how it could add special chip modules for graphics, video, AI, communications and security into its high-end MacBook Pros.

Intel's troubles

Intel, which for decades has led the world in chip technology, suffered for the last half decade as an upgrade to its manufacturing technology dragged on longer than the usual two years. The company's problem came as it tried to move from a 14-nanometer manufacturing process to 10nm, the next "node" of progress. (A nanometer is a billionth of a meter.)

Intel didn't respond to a request for comment. Apple didn't comment for this story.

Apple's chip foundry, Taiwan Semiconductor Manufacturing Co., took advantage of Intel's lag to the benefit of Apple, Nvidia, AMD and other Intel rivals. It now leads in electronics miniaturization and the all-important measurement of performance per watt of power consumed. 

The result is the M1 Pro and M1 Max, which according to Apple's measurements are 1.7 times faster than Intel's current eight-core Tiger Lake chips, formally called 11th generation Core. Compared differently, the M1 Pro and Max consume 70% less power than the Tiger Lake chips at the same performance level.

Apple doesn't reveal which speed tests it uses, so the results are hard to validate at this stage. The consensus, however, is that the performance claims are valid in broad terms.

"I am overall impressed at what Apple has been able to do on the latest process from TSMC," said Patrick Moorhead, analyst at Moor Insights and Strategy. He estimates that Apple saves a few hundred dollars per laptop because it doesn't have to buy Intel processors, although it spends a lot of that money designing its chips.

Don't count Intel out yet

To be sure, Intel won't be hurt badly by the loss of Apple's business. The company has plenty of other business. The vast majority of Windows PCs still use x86 processors from Intel and AMD. And customers only rarely change from Windows to MacOS or vice versa.

It also doesn't have a lot of competition. Apple doesn't license its chips to others, and Qualcomm's efforts to sell processors to PC makers has been a limited success at best. 

Intel mostly has to worry about AMD, which makes increasingly capable chips but still trails in market share.

Intel also has its Alder Lake processor, scheduled for later this year, and Meteor Lake processor, coming in 2023, to generate excitement. The chips will bring speed boosts in part by adopting a combination of performance and efficiency cores, just like the M1 does, and by adopting the new Intel 7 and Intel 4 manufacturing processes.

Still, Apple has taken wind out of Intel's sails. Intel may narrow the gap as its new chips hit the market. But in the meantime, Apple's M series could help it steal market share from Windows computers, Intel's stronghold.


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Apple IPhone Prices: All The Discounts On IPhone 12, 12 Mini And 11 After The Arrival Of IPhone 13


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Apple iPhone prices: All the discounts on iPhone 12, 12 Mini and 11 after the arrival of iPhone 13


Apple iPhone prices: All the discounts on iPhone 12, 12 Mini and 11 after the arrival of iPhone 13

Apple showed off its latest collection of smartphones, the iPhone 13, Mini, Pro and Pro Max, at the company's September event. With the new launch, some of Apple's older phones got price cuts and others are no longer being sold by the tech giant. 

Read more: The four iPhone 13 models compared

Before Apple's recent announcement, the iPhone 12, iPhone 12 Mini, iPhone 12 Pro, iPhone 12 Pro Max, iPhone 11 and iPhone XR were available for purchase through Apple's website. The second generation of the budget-friendly iPhone SE, which was unveiled in the spring of 2020, was also available. 

Following Apple's event on Sept. 14, the company removed several older iPhones from its online store, including the 256GB iPhone SE. The change was first spotted by MacRumors, which reported that the highest storage option for the iPhone SE has been discontinued. 

Price changes after the Sept. 14 event

  • iPhone 12 64GB: from $799 to $699
  • iPhone 12 128GB: from $849 to $749
  • iPhone 12 256GB: from $949 to $849
  • iPhone 12 Mini 64GB: from $699 to $599
  • iPhone 12 Mini 128GB: from $749 to $649
  • iPhone 12 Mini 256GB: from $849 to $749
  • iPhone 11 64GB: from $599 to $499
  • iPhone 11 128GB: from $649 to $549

Apple no longer sells these phones

  • iPhone 12 Pro
  • iPhone XR
  • iPhone SE 256GB

That doesn't mean these phones have disappeared from the face of the earth. Many third-party retailers still stock them, and they'll still appear on Apple's refurb page when it has stock.

Apple's new operating system, iOS 15, is compatible with many of its older devices, including the iPhone XS and XS Max, iPhone XR, iPhone X, iPhone 8 and 8 Plus, iPhone 7 and 7 Plus, iPhone 6S and 6S Plus, iPhone SE and SE 2, iPod Touch (seventh generation) along with the full iPhone 12 and iPhone 11 lineup. 

For more about Apple's new operating system, here's everything to know about iOS 15, how to download the iOS 15 and the three things you need to know before installing. If you're considering buying a new iPhone soon, check out CNET's list of best iPhones in 2021, how the iPhone 13 compares with the iPhone 12 and the difference between each model in the iPhone 13 lineup.

CNET's Richard Nieva contributed to this report.


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Apple's New MacBook Air Adds Faster M2 Chip For $1,199


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Apple's New MacBook Air Adds Faster M2 Chip for $1,199


Apple's New MacBook Air Adds Faster M2 Chip for $1,199

This story is part of WWDC 2022, CNET's complete coverage from and about Apple's annual developers conference.

A redesigned MacBook Air was one of the highlight announcements at Apple's Worldwide Developers Conference on Monday. The light MacBook, which hadn't been updated since late 2020, now gets the second-gen Apple Silicon chip, called the M2, a fanless body available in four colors and a new 13.6-inch Liquid Retina display. 

The new 13.6-inch MacBook Air for 2022 follows the design of the current MacBook Pro 14- and Pro 16-inch models released late last year. Like those, it has a chunkier, squared-off look that's almost retro-feeling instead of the gently curved lids tapering to a point that previously gave the Air more of a wedge shape.

The 2022 Air didn't receive all of the additional ports of the 2021 Pro models: There's no SD card slot, it doesn't get an HDMI output for an external display and it has just two USB-C Thunderbolt ports. However, the updated Air does have MagSafe charging. 

The new fanless body is available in four colors: silver, space gray, starlight and midnight. The laptop is just 11.3 millimeters thick and weighs only 2.7 pounds (1.2 kilograms). The new 13.6-inch Liquid Retina display is 25% brighter than its predecessor's screen, reaching 500 nits and support for 1 billion colors. 

Above the display is an updated 1080p camera joined by a three-mic array and a four-speaker sound system. This should all really improve video calls. Apple said it will also have support for Dolby Atmos spatial audio. The Magic keyboard has a full row of function keys with Touch ID as well as a large Force Touch trackpad. 

Apple said with the new M2 chip, Final Cut Pro performance is nearly 40% faster than on the M1 Air and Photoshop is up to 20% faster. Battery life is up to 18 hours of video playback and with an optional 67-watt power adapter it can charge up to 50% in 30 minutes. 

The redesigned M2 MacBook Air arrives in July starting at $1,199 (£1,249, AU$1,899) with the M2 with an eight-core CPU and eight-core GPU, 8GB of memory and a 256GB solid-state drive. A $1,499 version has an M2 chip with an eight-core CPU and 10-core GPU, 8GB of memory and a 512GB SSD. The M1 MacBook Air stays in the lineup as well for $999 (£999, AU$1,499). 

For more, check out everything Apple announced at WWDC, from MacOS Ventura to iOS 16. Plus, here's what you should know about the new MacBook Pro


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Apple's IPad And M1 Mac Sales May Tell Us Whether The Chip Shortage Is Finally Ending


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Apple's iPad and M1 Mac Sales May Tell Us Whether the Chip Shortage Is Finally Ending


Apple's iPad and M1 Mac Sales May Tell Us Whether the Chip Shortage Is Finally Ending

Two years ago, Apple was one of the first companies to warn that the COVID-19 pandemic was impacting global manufacturing. Now the tech giant may offer the first signs that things are improving.

Apple will announce its earnings for its second fiscal quarter after market close Thursday. Usually, Apple executives who discuss the results with analysts on a public conference call like to talk about how popular its products are and how exciting the next ones will be. But over the past year, they've also increasingly warned that they're struggling to build enough iPads and Macs to meet demand, missing out on billions of dollars in potential sales.

Though Apple isn't providing forward-looking guidance during the pandemic, analysts on average expect the company to report $1.43 in profit per share on $93.9 billion in sales for the three months ended in March, according to surveys published by Yahoo Finance. That would amount to a 2% increase in profit per share from the same time a year ago and roughly 4% increase in sales.

Assuming Apple meets or beats those expectations, analysts say it's likely the iPhone and its associated accessories made the biggest difference. And that's even though demand for its Mac computers and iPad tablets has risen to record levels.

"We believe demand for the iPhone 13 held up better than expected through the end of the March quarter," Morgan Stanley analyst Katy Huberty wrote in a note to investors last week. "iPhone data points out of China were notably strong in the face of broader market weakness."

iPad Air 2022

The chip shortage has impacted a lot of companies, ranging from car makers to appliance manufacturers.

Scott Stein/CNET

Whatever Apple says will likely be seen as a bellwether for the tech industry, which has struggled with supply shortages, particularly as demand for computers, tablets and cameras and other technology jumped amid the pandemic.

The ongoing supply shortages have rippled throughout the global economy, slowing production of everything from cars to medical equipment. The constrained supplies have also pushed prices higher, contributing to inflation.

Apple and other tech companies have vowed to increase production in the US to help offset slowdowns in international shipping and manufacturing, but many of those projects are still years from completion. In the meantime, some supplies of chips have improved.

Analysts will likely be listening for any further signs from Apple on Thursday, particularly as the world struggles war started by Russia invading Ukraine. Lockdowns from another wave of rising COVID infections in China have shuttered ports In Shanghai and others cities, further contributing to shipping delays.

Bernstein analyst Toni Sacconaghi said in a note to investors Monday that consumers appear to be slowing their spending binge that was a hallmark of the pandemic. "With slowing growth, high inflation and geopolitical uncertainty tied to the Russia-Ukraine conflict," he wrote, "consumer sentiment appears to be waning."

There are also signs that the manufacturing slowdowns may still impact financial results for the summer, particularly as Evercore ISI analyst Amit Daryanani noted that factories that make about 20% of iPhones were shut down this month amid rising health concerns. "Revenue growth will likely decelerate," he wrote in typical Wall Street lingo on Monday, adding that sales may drop more than even some analysts may be expecting.


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Apple's MacBook Pro Models With M1 Pro Chip Hit New Lows, With Up To $350 Off


Apple's MacBook Pro Models With M1 Pro Chip Hit New Lows, With Up to $350 Off


Apple's MacBook Pro Models With M1 Pro Chip Hit New Lows, With Up to $350 Off

If you've been holding out for a steep discount on Apple's top-tier MacBook Pro models, your patience is being rewarded today with some of the best MacBook deals we've seen to date. Apple's MacBook Pro models with its powerful M1 Pro chip have had prices slashed at Best Buy with as much as $350 taken off their regular prices. The My Best Buy member-exclusive markdowns apply to both 14-inch and 16-inch versions and make for the lowest prices ever on these machines. 

If you want Apple's largest laptop, the 16-inch MacBook Pro is the very fellow. It packs in a gorgeous 16.2-inch Liquid Retina XDR display with ProMotion and 1,600 nits of peak brightness. Inside, the devices are powered by Apple's M1 Pro chip with a 10‑core CPU, 16‑core GPU and 16GB of RAM. Both the 512GB and 1TB configurations are discounted by $350 at Best Buy right now -- a better price than during Prime Day earlier this month. 

On the smaller side, the more portable 14-inch MacBook Pro is available for as little as $1,699 at Best Buy, which is $300 off. That's the lowest we've seen this machine go and the 1TB configuration is discounted by even more at $350 off. Both machines are also running Apple's M1 Pro chip with 16GB of RAM.

There's no telling how long these deals will last, so it's best to place your order as soon as possible if you want to get in on the current savings. As mentioned, the full discount on each laptop is exclusively available to My Best Buy members, though it's free to sign up for a membership, making it well worth doing. If you're not seeing the full savings, make sure you're logged in with your My Best Buy account.


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Stock Market Secrets: My Smartest Investment Tips After 16 Years Of Reporting


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Stock Market Secrets: My Smartest Investment Tips After 16 Years of Reporting


Stock Market Secrets: My Smartest Investment Tips After 16 Years of Reporting

This story is part of Recession Help Desk, CNET's coverage of how to make smart money moves in an uncertain economy.

If there's one thing I've learned in all my years of reporting, it's this: The stock market is moody.

In 2006, I began a new role as a financial correspondent reporting from the trading floor of the New York Stock Exchange. My job was to make sense of why the market was up or down each day. I'd start out each morning interviewing mostly older, white male brokers who were in charge of buying and selling shares on behalf of large institutional investors. (Also true: I was required to wear closed-toe shoes and a blazer. The dress code then was strict and a bit ridiculous.) 

I learned if tech stocks slumped just after the market opened, it might have been due to lower-than-expected earnings the evening before from an industry giant like Apple. Any hint of turbulence in the tech sector induced panicked brokers to drop shares at the opening bell. 

The market doesn't actually reflect reality. It measures the moods and attitudes of people like the brokers I used to interview. 

"Today's stock prices aren't because of how businesses are performing today," said Matt Frankel, a certified financial planner and contributing analyst for The Motley Fool, in an email. "They are based on future expectations." 

That's the problem: Current prices serve as a gauge of investor confidence, but stock market predictions are, at best, educated guesses. And to further complicate matters, "the markets are not always correct," according to Liz Young, head of investment strategy at SoFi. 

Farnoosh reporting from the New York Stock Exchange

Reporting from the floor of the NYSE during the May 2010 "flash crash," when major stock indices crashed and then partially rebounded within an hour. 

Screenshot/CNET

Sound discouraging? I hear you, but it's still worth investing. Here's why.

While the stock market represents an elite class of investors (the wealthiest 10% of Americans hold 89% of stocks), it has proven over time to be a reliable way to grow your money for anyone with the tools and information to try. And technology has made it cheaper and easier to access. Now, a whole new generation has the chance to start investing and building wealth. If you can afford your basic needs and have some emergency savings set aside, there's no better time than now to invest -- even if it's just $20 a month.

Of course, the stock market feels particularly risky right now and it's natural to want to safeguard your money when the economy is volatile. If you're on the fence about investing because you're worried about a recession, or you just don't feel comfortable taking financial risks right now, you're not alone. Over 40% of Americans surveyed earlier this spring said that the bear-market downswing made them too scared to invest. 

But waiting to invest is an even bigger risk. Here's what I know for sure about how to overcome worry and invest for success.   

The 'Right Time' to Invest Is Right Now

Yes, the market is risky. Yes, there will be more crashes. But there's a high probability that the market will recover, just like it bounced back (and then some) a few years after the 2007-09 global financial crisis.

"Things will get better again. They always do," as my friend David Bach, author of the New York Times bestselling book The Automatic Millionaire told me on my podcast So Money.

Sure, it's better to buy at a low price so that you can cash in later from as much appreciation, or compound interest, as possible. But since it's very hard to predict where prices will go, the "right time" to strike is often something we only realize in hindsight. Waiting to invest until the time feels right, when you think stocks have hit a "bottom," can set you up for more failure than success. 

Your time in the market is more important than timing the market. Lying low until stocks rebound just means you're going to pay more. Instead, invest consistently and continuously, and let compounding interest build. You'll buy the dips and the highs, but ultimately, over the years, you'll come out ahead. "If you're in your 30s, or your 40s, or your 50s, and you're not retiring in the next year or two, guess what? Everything's on sale," Bach said. 

For example, had your parents invested $1,000 in the year 1960, it would be worth close to $400,000 today. That's after a presidential assassination, multiple wars, a global pandemic and many recessions, including the Great Recession. If the past is any indicator of the future, it's proven that markets will eventually recuperate from a downturn, and that they have greater periods of growth than decline. 

Read more: Investing for Beginners

Diversification is your best tool against volatility and market tumbles. Investors who are more cautious could try US bonds, which are considered "safe haven" investments because they are backed by the Treasury and offer a predictable return. 

Right now, with inflation at 8.5%, Americans are flocking toward Series I Savings Bonds, a government-issued investment that's protected against inflation. I bonds have both a fixed rate and an inflation rate that's adjusted every six months. Right now, I bonds will deliver a 9.62% annualized interest rate, which means they'll get you higher guaranteed returns than any other federally backed bank account. 

Technology Makes Investing Cheaper and More Accessible

Investing can be unnecessarily complicated and exclusionary, and the financial industry as a whole can do a lot more to break down barriers to entry. Guests on my podcast So Money, especially women, people of color and young adults, have shared how they wish they'd learned about investing sooner. 

My advice? Lean on technology, as well as the proliferation of social media and podcasts, to gain better access and education. At CNET, we are big fans of robo-advisors, such as Wealthfront and Betterment, that provide low-cost portfolio management. There's no need to wait until you have $1 million in the bank, which is what some professional investment advisors require before working with clients. You can start with just a little cash. 

And whether you're a fan of TikTok, Instagram or YouTube, there are some reputable experts there offering free education. One cautionary tip: Be sure to check their backgrounds and ensure whomever you're following is not a salesperson disguised as an investment educator!

Read more: Investing Doesn't Have to Be Intimidating. Pros and Cons to Robo-Advisors

Once you're investing, embrace automation so you never go astray. Automating our savings or retirement contributions is a smart move that, honestly, saves us from ourselves. With money in our hands, it's much easier to spend than it is to save, but technology can automatically move that money into an account. We're more likely to save for our future if we're already enrolled in a company retirement plan as opposed to choosing to opt in with each paycheck. Start your contribution with the maximum employer-match rate and try to increase your contribution to 10% or even 15%. That could net you thousands of dollars more each year. 

Pro-tip: If you're saving for retirement, see if your plan provider will automatically increase your savings rate each year (60% of employers offer this feature, according to the American Benefits Council). 

For all other types of long-term investments such as a brokerage account or Roth IRA, create a calendar reminder at the beginning of the year or on your birthday to increase your contributions.

Read more: Need to Save for Retirement? This Is the Easiest Way

You may also be able to set your portfolio to auto-rebalance so that it adjusts and automatically scoops up more stocks after a down period in the market, which can give you the right balance of stocks and bonds in your portfolio. 

Auto-rebalancing is a feature many banks and brokerages offer to ensure your portfolio's allocation doesn't fall off-kilter, says David Sekera, chief US market strategist for MorningStar. For example, let's say you set up your portfolio to have an equal mix of stocks and bonds. A bear market like the one we're in now may reduce the weight of stocks and be too heavy with bonds. But an auto-rebalance can fix that by buying more stocks when prices are low again, according to Sekera. 

I've seen first-hand how market volatility is creating a lot of uncertainty, and I know why it's hard to feel confident about investing. But history shows that staying on the sidelines as an investor can be riskier than participating in the market and riding out the dips and highs. 

Getting into the market sooner rather than later can be one of the smartest decisions on the road to building personal wealth and economic security. Along the way, be mindful of your risk tolerance, stay diversified and rely on automation to help you stay the course.



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