Thursday Apple Rumors: Apple To End iTunes Allowance Feature

Apple Watch 2 component orders may have been signed

Here are your Apple Rumors for today:

Apple Rumors, iTunes Allowance, AAPLiTunes: Apple (AAPL) is putting an end to iTunes Allowances, reports 9to5Mac. The tech company said that it will officially be removing the feature from iTunes on May 25, 2016. It instead suggests that parents should use newer features added to the service, such as Family Sharing, to monitor their kids usage. The Allowance feature allowed parents to set up a certain amount of money that their kids could spend on iTunes every month.

Car: Motor Trend is showing off what it thinks the Apple Car may look like. The publication is sharing concept images of a car that takes obvious inspiration from the tech company’s smart devices. The designs were created by Garrett DeBry. The car in the concept images features White lines around the edges, which are likely inspired by the antenna bands found on the iPhone. There are also AAPL logos on the front of the car and on each tire. While the concepts are interesting, they’re completely speculative and likely look nothing like what the company’s final project will.

Watch: A new rumor claims that Apple has started placing orders for Watch 2 components, reports Digi Times. According to this rumor, the tech company awarded a large part of the orders to Advanced Semiconductor Engineering (ADR) (ASX), which also provided components for AAPL’s first smartwatch. Samsung Electronic KRW5000 (SSNLF) is believed to have obtained orders for the processors that will be found in the rumored Watch 2.

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Article printed from InvestorPlace Media, https://investorplace.com/2016/04/apple-rumors-itunes-allowance-aapl/.

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