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Apple could change its annual iPhone release schedule, JP Morgan says



An employee, left, shows a customer the features of an iPhone 11 at Apple store during a product launch event in Kuala Lumpur, Malaysia on Friday, September 27, 2019.

Chris Jung | NurPhoto | Getty Images

Apple could change its iPhone release strategy to launch new devices twice a year starting in 2021, J.P. Morgan analysts predicted in a note distributed on Monday, citing supply chain checks.

The shift in strategy would allow Apple to smooth its traditional seasonality and give the company increased flexibility to change its products within a six-month time frame and compete with other device makers that launch new phones throughout the year.

Since 2011, Apple has released major new iPhones in September and October, setting up the quarter that ends in December to be Apple’s largest, boosted by the holidays and new models. If Apple were to launch new iPhones twice a year, as the J.P. Morgan analysts suggest, it would be a major strategy shift for Apple’s most important product line.

“Based on our supply chain checks, we are expecting a strategic change in the launch cadence with the release of two new iPhone models in 1H21 followed by another two in 2H21, which will serve to smooth seasonality around the launch,” J.P. Morgan analyst Samik Chatterjee wrote.

The analysts also published predictions for Apple’s 2020 iPhone lineup in Monday’s note, predicting that four new iPhone models will launch in September 2020. That’s a change from the three-model strategy Apple has used since 2017. They also believe that Apple will release a low-cost iPhone resembling the iPhone 8 in the spring.

The J.P. Morgan analysts predict all four devices launching next fall will sport superior OLED screens and support 5G networks, although some models will not support mmWave technology, which promises faster speeds.

“The 2H20 lineup will include all OLED phones, with screen sizes of 5.4″ (one model), 6.1″ (two), and 6.7″ (one), broadening the screen size range from 5.8″ to 6.5″ in 2019,” Chatterjee wrote. “We expect the two higher end models (one 6.1″, one 6.7″) to include mmWave support, triple camera and World facing 3D sensing, while the lower-end models (one 6.1″, one 5.4″) will include support for only sub-6 GHz and dual camera (no World-facing 3D sensing).”

The analysts note that the increased screen size options and 5G support could encourage current iPhone users to upgrade.

The J.P. Morgan predictions have slight differences from other early reports about next year’s iPhones. Last month, Korean news site ETNews discussed the same screen sizes but did not mention two different models with 6.1-inch screens and said that “a model will support 5G.”

Leading Apple analyst Ming-Chi Kuo from TF Securities has predicted that all of Apple’s 2020 iPhones will support 5G networks. He too believes Apple is planning iPhones with 6.7-inch, 6.1-inch, and 5.4-inch OLED displays.

J.P. Morgan is overweight on Apple and raised its 12-month price target to $296 from $290.



Ashesi University Is Among the Best in Africa




At the recent United Nations summit in Nairobi, ways of limiting global population growth emerged as one of the major topics of discussion. The debate cast a spotlight on the strengthening of women’s rights around the world and on vital issues such as poverty, health care and education.

With some of the highest birth rates in the world, Africa has necessarily become a primary focus of the debate. Furthermore, one-fifth of all children in sub-Saharan Africa between the ages of six and 11 don’t go to school, a number that rises to one-third for 12- to 14-year-olds. For them, college is out of the question. Can that trend be changed? How can Africa be strengthened?

Around 6,000 kilometers from Nairobi, on the outskirts of Accra in Ghana, a bumpy road pockmarked with knee-deep potholes leads up a hillside. Up on top, behind a metal gate guarded by a trio of watchmen, are the low, light-colored buildings of a university, embedded in the green landscape. From up here, the Ghanaian capital of Accra looks flat and gigantic. No city noises can be heard, and there’s no stench to be smelled.

Now that student housing is available on campus, there have been more female applicants.

Anne Backhaus/ DER SPIEGEL

Now that student housing is available on campus, there have been more female applicants.

Is this perhaps a place to think deeply about the future of the continent?

That, at least, is what the school wants from its students. Ashesi University aims to educate Africa’s future leaders, a school for the next generation of business executives, judges or presidents. And many of those who attend would normally be unable to afford such an education: Half of the more than 2,000 students and graduates from 28 different countries are receiving or have received financial support from the university. And they are not required to pay it back.

The university is different in other ways, too. Half of the students, for example, are women. Furthermore, the courses are designed to teach students how to think on their own, and when it comes time to take a test, no professor is present. The students police themselves to make sure no one cheats.

The founder of the university is Patrick Awuah, Jr., a slim, refined man with a soft voice and reflective conversational style. We spoke in his office.

DER SPIEGEL: Mr. Awuah, your university is among the best in Africa and your focus is on educating the leaders of tomorrow. Why is that important?

Patrick Awuah: When you look at a college classroom today, you are looking at the Africa that will exist 20 years from now. So we need to get to a place where the educational system here matches that of anywhere in the world. The reason so many problems remain is that the people in charge accept those problems or are unable to solve them. Or, in some cases, they are corrupt and are part of the cause of the problem. If you really want to change society for the better, you need to make sure that the people who are creating or influencing the environment – the leaders – care. And you need to make sure they have the capability to actually solve problems.

Half the students at Ashesi University are women.

Anne Backhaus/ DER SPIEGEL

Half the students at Ashesi University are women.

DER SPIEGEL: And that’s not the case at the moment?

Awuah: In this part of the world, actually all over the world, there are leaders who, for example, accept that some people ought to be poor. That’s not right. That’s why we decided that we were going to engage on the question of leadership. When you have a few good leaders, you end up with tremendously positive outcomes for millions of people.

DER SPIEGEL: One significant problem is population growth. The UN’s International Conference on Population and Development recently took place in Nairobi and the focus was on things like strengthening the rights of women and improving education as a way to slow this growth. Why is it so difficult to find a solution?

Awuah: I think you have two sides of the equation. You have people who say: Look, we need to get every kid educated.

DER SPIEGEL: Isn’t that true?

Awuah: It’s a very good sentiment to have. But there’s some unspoken assumptions that people just sort of accept. They accept that if you put a kid in school, then they’re going to learn. But it’s not necessarily a correct assumption, because you can put a kid in a school where the teachers are not equipped, or where there are no teachers, or where the school environment is so bad that the kid is not going to learn. If the goal is really to get everyone to learn, then it should be tackled completely differently. It shouldn’t just be tackled as a question of getting kids into classrooms. You have to invest heavily in teacher education and in the education infrastructure.

About Patrick Awuah, Jr.

  • Anne Backhaus/ DER SPIEGEL

    Patrick Awuah, Jr., born in Ghana in 1965, is the founder and head of Ashesi University in Accra. The school is considered to be extremely innovative and within a short period of time has established itself as one of the best on the African continent. Awuah went to college in the U.S. and worked for Microsoft before returning to Ghana and opening Ashesi University in March 2002. Since then, he has received several awards for his innovative approach to education.

DER SPIEGEL: On the other hand, it has been proven that birth rates fall as soon as women begin receiving better educations.

Awuah: There’s certainly truth to the idea that if you educate more people, you get better outcomes in terms of family planning. But you have to educate both sides, men and women. A 15-year-old boy who wasn’t in school and who doesn’t have any hope for their future professionally is more susceptible to being recruited into a gang or terrorist group.

DER SPIEGEL: Since your university opened in March 2002, you have been working towards ensuring gender balance. Only recently, however, have you managed to achieve a 50-50 ratio. Why was it so difficult?

Awuah: Our first class was only 25 percent women, and I wondered: How come? It turns out that only about 25 percent of the applicant pool was women, so either there weren’t enough women coming out of high school, or somehow we weren’t recruiting properly. So we made a concerted effort to actively start recruiting girls and over a two-year period, we went up to 35 percent women. But what really changed it for us was when we started offering university housing.

A main focus of the university is teaching students how to think.

Anne Backhaus/ DER SPIEGEL

A main focus of the university is teaching students how to think.

DER SPIEGEL: How did that help?

Awuah: Students were telling us that they wanted to live closer to campus because it enabled them to work and do group projects more easily in the evenings. But it turns out that once we had university housing, families were more willing to send us their girls. They care about the safety of their daughters. Once we had that, we started to see more applicants from girls.

DER SPIEGEL: Beyond the experience of your university, why is it generally difficult to attain a gender balance at schools in Africa?

Awuah: Going back in history, we were a society that didn’t have formal education. It was introduced by the missionaries and colonial governments. And they went to the leadership of all the villages, the chiefs, and said: Give us your boys to send to school. They asked for the boys, not the girls. So you had this structure that was set up, and that’s what we have to overcome. I think Ghana is almost there now, but it, too, varies from region to region.

DER SPIEGEL: What other issues must be addressed?

Awuah: Today, there is a significant push for other regions to engage with Africa. China is looking to engage with Africa. The West is looking to engage with Africa. We need to make sure that whatever change happens in Africa is African led and not led from somewhere else. To do that, we need to be educating people on our side of the table who can engage in those conversations and make sure that the best interests of African citizens are front and center. We need to ensure they have a deep understanding of their own circumstances and their own societies in addition to a good understanding of those other cultures. We need to get to a place where the educational system here matches anywhere in the world. The most important natural resource that we have on this continent is the human intellect. It is not gold in the ground or oil under the seabed.

DER SPIEGEL: Do you have the impression that others look down on Africa with a certain amount of arrogance?

Edel Togobo, 20, is a student at Ashesi University. She hopes to start her own company after graduation.

Anne Backhaus/ DER SPIEGEL

Edel Togobo, 20, is a student at Ashesi University. She hopes to start her own company after graduation.

Awuah: Yes, of course. When your country has a lower per-capita GDP than another, there is a tendency for others to say: OK, we’re wealthier and therefor we must know more than you do.

DER SPIEGEL: You often stand in line with your students in the cafeteria or take part in Mardi Gras celebrations. Where does your participatory leadership style come from?

Awuah: I grew up in Ghana. My first major learning experience about how not to do education was in the first grade. My parents put me in this school where the teachers caned kids for getting the wrong answer. You’d get hit with a stick if you made a mistake and I was almost at the bottom of the class academically. My parents moved me out of that school because one day I got caned so hard that my thumb got bruised. The new school was completely different, and that term, I was almost at the top of the class. The same kid, a completely different environment and a completely different result. So, the way you engage children is important. Children want to learn. I haven’t met a child who doesn’t want to learn. As a teacher, you’re here to support them in that quest.

DER SPIEGEL: What do you view as the most important quest?

Awuah: Deciding what kind of society we should have. The one thing we do differently is we don’t preach to people. We engage them in a conversation. And if they really debate it intellectually, they will come to the conclusion that a high-trust society is better than a low-trust society. If they have the belief that they can, together, build that high-trust society, then they’ll go do it, because they’ve determined it’s a better way. It’s not because someone is preaching at them.

This piece is part of the Global Societies series. The project runs for three years and is funded by the Bill & Melinda Gates Foundation.

What is the Global Societies series?

The Global Societies series involves reporters reporting from Asia, Africa, Latin America and Europe about injustices in a globalized world, societal challenges and sustainable development. The features, analyses, photo essays, videos and podcasts will be appearing in the Global Societies section of SPIEGEL International. The project is initially planned to run for three years and receives financial support from the Bill & Melinda Gates Foundation.

Does the Bill & Melinda Gates Foundation have editorial influence?

No. The foundation exerts no influence whatsoever on the stories and other elements that appear in the series.

Do other media outlets have similar projects?

Yes. Large European media outlets like the Guardian and El País have similar sections on their websites — called “Global Development” and “Planeta Futuro,” respectively — that are likewise funded by the Bill & Melinda Gates Foundation.

Has DER SPIEGEL produced similar projects in the past?

In recent years, DER SPIEGEL has complete two projects with the support of the Bill & Melinda Gates Foundation and the European Journalism Centre (EJC): “Expedition BeyondTomorrow,” about global sustainability goals, and the journalist refugee project “The New Arrivals,” which resulted in several award-winning features.

Where can I find all stories and elements published as part of the Global Societies project?

All Global Societies pieces will be published in the Global Societies section of the SPIEGEL International website.


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Pelosi Says House Will Begin Drafting Impeachment Charges Against Trump




WASHINGTON — Speaker Nancy Pelosi announced on Thursday that the House of Representatives would begin drafting impeachment articles against President Trump, pushing ahead with a rapid timetable that could set the stage for a vote before Christmas to charge him with high crimes and misdemeanors.

Wrapping her announcement in the words of the Constitution and the nation’s founders, Ms. Pelosi said it had become clear over the course of two months of investigation that Mr. Trump had violated his oath of office by pressing a foreign power for help in the 2020 election. Allowing Mr. Trump to continue in office without remedy, she said, would come at “the peril of our republic.”

“His wrongdoing strikes at the very heart of our Constitution,” Ms. Pelosi said in a formal address lasting less than six minutes, delivered against a backdrop of American flags from the balcony outside her office in the Capitol. “Our democracy is what is at stake. The president leaves us no choice but to act because he is trying to corrupt, once again, the election for his own benefit.”

Ms. Pelosi’s hastily arranged announcement came a day after the House Judiciary Committee began formal impeachment proceedings against Mr. Trump, convening a hearing where three constitutional scholars invited by Democrats said Mr. Trump had engaged in conduct that clearly met the definition of impeachable offenses under the Constitution.

“If you are going to impeach me, do it now, fast, so we can have a fair trial in the Senate, and so that our Country can get back to business,” he wrote.

Ms. Pelosi limited knowledge of her announcement to only a tight circle of advisers, but there have been clear signs this week that Democrats were preparing to move forward with impeachment articles. On Wednesday, after the legal scholars told the Judiciary Committee the facts of the case met the standards for impeachment, the committee’s chairman, Representative Jerrold Nadler of New York, said explicitly that the conduct fit his three-part test for impeachment and indicated his panel would move forward with that in mind.

First, the Judiciary Committee is expected to announce a hearing in the coming days for Intelligence Committee lawyers for present their findings. But people familiar with the matter believe the committee is on track to begin publicly debating and voting in articles by the end of next week.

On Wednesday, Mr. Nadler’s team made clear it was considering building charges going beyond the Ukraine matter, related to obstruction of the House’s inquiry. A lawyer for the chairman, Norm Eisen, also asked the witnesses to also evaluate whether possible obstruction of justice by Mr. Trump laid out by Robert S. Mueller, the special counsel who investigated the Trump campaign’s connections to Russia’s interference in the 2016 election, was also impeachable. The Democratic caucus, and Ms. Pelosi, though, may still ultimately decide to keep the case more narrowly focused on Ukraine.

The Intelligence Committee report released on Tuesday laid out a broad framework for what articles of impeachment might look like. It found that the president had abused his power, endangered national security for his own personal benefit by seeking foreign interference in the 2020 election, and had obstructed justice by ordering critical witnesses not to testify.


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