Reasons to buy the new iPhone 4S
While the rest of the country is still sad that they’ll have to wait a bit longer for the next iPhone 5, we’re taking a deeper look at the iPhone 4S and why someone would want to upgrade to a new device that looks exactly like the one they have in their hands right now. The iPhone 4S will be available October 14 and has a few new bells and whistles, despite it having the same exterior. Here are some of the benefits of upgrading to the new iPhone 4S.
· The new camera will have 60 percent more pixels than the former and can shoot in HD video. The iPhone 4 already has the best smartphone camera currently on the market and the 4S version will surely blow competitors out of the water.
· The new Intelligent Antenna System will improve call quality and will work with CDMA and GSM wireless standards for international call making.
· Battery life improved to eight hours of talk time on a single charge.
· The new voice-recognition system, Siri, will allow for a more hands-free experience. Users can check weather, get directions and get on the Internet using voice control.
iCloud, available on October 12, may be one of the most awaited components and stores photos, music and files on Apple’s remote servers. Content can be retrieved through iPads, iPhones and Macs – meaning that mobile devices will no longer have to be plugged into a computer to sync up.
M&A activity key lever for future tech sector growth
Despite the continuing uncertainty of the pandemic, the tech sector has witnessed soaring dealmaking activity over the past year, rocketing in the second half of 2020, with the last quarter of 2020 a record one for M&A activity, and momentum continuing into 2021.
Dealmaking in tech sector soars in past year
And the latest figures bear this out with the number of technology M&A deals totalling US$208.44bn globally in Q1 2021, according to GlobalData. While the US holds top spot both in volume of deals (1034) and total value (US$140.61bn), Europe ranked next with 649 deals (US$44.49bn) with the UK continuing its reign as Europe’s biggest M&A market with 204 deals.
In particular, megadeals – those valued at US$5bn or more – soared in 2020 representing 59% of all global technology sector deal value in 2020, up from 47% in 2019, according to the latest edition of the EY Technology Global Capital Confidence Barometer.
This tech sector trend towards megadeals is backed up by EY’s CCB data, with 16% of tech sector respondents planning to pursue transformative deals valued at US$5bn or more in the near-term.
While technology deal activity “all but stopped at the beginning of 2020 after fluctuating between historic highs and lows, companies pivoted quickly and tech M&A exploded in the second half of the year”, says Barak Ravid, EY Global TMT Leader for Strategy and Transactions.
M&A activity level for tech sector growth
Looking ahead to the future, technology executives are optimistic, with nearly half (47%) expecting profitability to fully rebound this year, according to CCB data, compared to 23% across all sectors, and with more than half (51%) planning to pursue M&A in the next year in order to sustain growth.
According to Ravid, M&A activity is increasingly becoming a key lever for growth as businesses look to recover.
“To position themselves for future revenue growth, tech companies are now adjusting their M&A strategy to focus more on a target’s business resilience, digital technology alignment and to gain market share through consolidation,” says Ravid.
However, with an increasingly competitive deal market and ongoing geopolitical tensions, the majority of tech execs expect to see more competition in the bidding process for assets over the next year, primarily from private capital.