Mon. 08/28 – The Tech IPO Is Back?
Tech Brew Ride Home
Amalgamated Internets, LLC
4.7 • 1K Ratings
🗓️ 28 August 2023
⏱️ 19 minutes
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| 0:00.0 | Welcome to the Tech Meme Right Home for Monday, August 28th, 2023. |
| 0:07.4 | I'm Brian McCullough today. |
| 0:08.6 | Apple looks to refresh the iPad line to invigorate sales. Huge network crashes grounding planes in the UK, some |
| 0:16.0 | tentative signs that the tech IPO window might be creaking open. Can I introduce |
| 0:20.5 | you in a 100-year domain renewal and the Silicon Valley Big Wigs who are investing |
| 0:25.4 | big money to build a new Bay Area city from scratch? |
| 0:29.1 | Here's what you miss today in the world of Tech. I don't remember how much I highlighted this in the last Apple |
| 0:37.2 | earnings report report but in a period where basically all of their hardware |
| 0:42.0 | sales have been down, the real outlier for |
| 0:45.4 | Apple was the iPad. |
| 0:47.8 | So Mark Germin says that for 2024, Apple is planning the iPad Pro's first major upgrade since 2018 featuring a new |
| 0:56.8 | M3 chip and oled screen and a magic keyboard with a larger trackpad quoting |
| 1:01.8 | German in Bloomberg. The product was once seen as a |
| 1:04.9 | potential successor to the Mac, but now the iPad generates the least amount of |
| 1:09.4 | revenue among Apple's major segments. This past quarter, sales slipped to the lowest level |
| 1:14.7 | since the cusp of the pandemic in early 2020. |
| 1:17.9 | And it's not just a revenue problem. |
| 1:20.1 | Apple's unit shipments decline 17% in the second quarter according to data from I. |
| 1:25.2 | On its most recent earnings call, the company blamed a tough comparison with last year |
| 1:29.6 | when it rolled out a new iPad air. |
| 1:32.6 | But there's clearly a broader problem. |
| 1:35.0 | Like desktops and laptops, tablet sales have slumped since a pandemic fueled surge. |
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