Globalstar shares crashed as much as 32% after a Bloomberg report revealed that Apple has been working with SpaceX and T-Mobile to integrate Starlink satellite connectivity into the latest iPhone software. The report cited sources familiar with the matter.
Goldman’s Sean Johnstone weighed in on the Bloomberg report, noting that Globalstar’s exclusive iPhone satellite service is coming to an end as competition heats up with Apple’s new offering of SpaceX’s Starlink:
Bloomberg reporting that Apple has been secretly working with SpaceX and TMUS. to add support for the Starlink network in its latest iPhone software, providing an alternative to the company’s in-house satellite-communication service. The tie-up comes as a surprise: T-Mobile has previously only specified Starlink as an option for Samsung. phones, such as the Z Fold and S24 models. Apple, meanwhile, already provides a Globalstar Inc. offering that lets consumers send texts and contact emergency responders when out of cellular range.
Musk confirmed the report on X, indicating “Medium resolution images, music & audio podcasts should work with the current generation Starlink direct-to-phone constellation. Next generation constellation will do medium resolution video.”
Medium resolution images, music & audio podcasts should work with the current generation Starlink direct-to-phone constellation.
Next generation constellation will do medium resolution video. https://t.co/yfDPbkgSJH
The Starlink deal with Apple now increases competition from Apple’s previous Globalstar offering. This sent shares of GSAT crashing the most in eight years, according to Bloomberg data. […]
— Read More: www.zerohedge.com
At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
