Apple is killing its line of routers
Getty
The engineers who formerly worked on the AirPort Extreme, Airport Express, and AirPort Time Capsule have been moved to other products, including the Apple TV, according to the report. Apple's routers create Wi-Fi home networks to connect computers and phones to the internet.
Apple's routers have never been a big business for the company. Apple reports its router revenue as "other bets," as opposed to Mac or iPhone sales, which are reported individually.
The company has not updated the devices since 2013 and the decision has not been officially announced by the company.
A premium device
Apple's routers have always been premium-priced devices, compared to routers from other brands. They start at $99 and the AirPort Time Capsule costs $299. They have an easy-to-use setup that works well for households with other Apple products.Apple's decision to reportedly exit the router business comes as other companies, such as Google and Eero, have embraced new router technologies. These next-generation routers come with several different access points, for better Wi-Fi coverage, and can cost up to $499.
Earlier this year, Apple killed one of its legacy product lines, external desktop monitors. The company pointed people who wanted an Apple-approved setup to an LG-branded option.
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- Why did a NASA spacecraft suddenly start talking gibberish after more than 45 years of operation? What fixed it?
- ICICI Bank shares climb nearly 5% after Q4 earnings; mcap soars by ₹36,555.4 crore
- Markets rebound sharply on buying in bank stocks firm global trends
- Bengaluru's rental income highest in Q1-2024, Mumbai next: Anarock report
- Rupee falls 10 paise to settle at 83.48 against US dollar
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market