Final week, a report went in-depth on among the cost-cutting measures Apple is placing into place because it appears to be like to keep away from broader layoffs. Maybe unsurprisingly, these new insurance policies are additionally going to have an effect on future product releases from Apple…
Within the newest version of his Energy On e-newsletter, Bloomberg’s Mark Gurman experiences that Apple is seeking to higher allocate its analysis and improvement spending. The corporate needs to focus spending on “extra urgent initiatives,” whereas placing different initiatives on the again burner.
Particularly, Gurman says that it will influence Apple’s plans to launch “new residence units,” such because the oft-rumored HomePod with a display:
Some initiatives, together with new residence units like a HomePod with a display, have been pushed again till subsequent yr on the earliest. That permits Apple to allocate its analysis and improvement funds to extra urgent initiatives.
This follows a report from Ming-Chi Kuo final week, which indicated that Apple is aiming to launch a HomePod with a 7-inch show someday in 2024. Along with this, Apple reportedly has different good residence merchandise in improvement, together with an all-in-one HomePod, Apple TV, and FaceTime digital camera system.
As reported final week, Apple has carried out quite a lot of different adjustments to curb spending amid broader financial issues. The corporate is delaying some worker bonuses, cracking down on journey, scrutinizing distant work tips, and extra.
Apple, nevertheless, has been capable of keep away from mass layoffs, not like its Silicon Valley counterparts together with Google, Amazon, and Meta. Tim Cook dinner has mentioned layoffs are a “final resort form of factor,” however he additionally famous that they will by no means be dominated out utterly.
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