$AAPL: iPad to Be More Like Laptop

Bloomberg headline: Apple Plans to Make the iPad More Like a Laptop and Less Like a Phone

* Company planning new multitasking features for iPadOS 16

* New iOS, watchOS, macOS and tvOS updates are also coming

https://archive.ph/X4SYa

Apple Inc. will announce significant changes to the iPad’s software next week at its annual Worldwide Developers Conference, according to people with knowledge of the matter, part of a push to make the device more like a laptop and less like a phone.

The iPad’s next major software update, iPadOS 16, will have a redesigned multitasking interface that makes it easier to see what apps are open and switch between tasks, said the people, who asked not to be identified because the changes aren’t yet public. It also will let users resize app windows and offer new ways for users to handle multiple apps at once.

The iPad accounts for nearly 9% of annual Apple’s sales, and that percentage has inched up in recent years. But professional users of the device have clamored for an interface that feels more like a laptop experience. The iPad’s hardware, which now includes the same M1 chip as some of Apple’s laptops, has grown increasingly powerful, and in some ways the software hasn’t kept up.

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Strong, good-looking weekly and monthly charts. Daily is strengthening.

https://twitter.com/peregreine/status/1532630765921517568

2) $AAPL daily, weekly, and monthly charts

The monthly chart is still one of the strongest looking for all tech big caps and hasn’t traded in a bearish EMA crossover since June 2019’s bullish crossover. Weekly threatening an imminent bullish crossover:

Computer geeks, what’s the benefit of an “always-on display option?” Doesn’t that drain battery charge?

https://archive.ph/X4SYa

The software updates will help propel Apple’s future hardware. The company is planning four new iPhone 14 models for the fall, an updated iPad Pro, three new Apple Watches and several Macs with next-generation M2 chips. For the iPhone 14 Pro, Apple is planning an always-on display option that will be powered by iOS 16.