'Apple Extends Emergency SOS Via Satellite For An Additional Free Year For Existing iPhone 14 Users'
Portfolio Pulse from Benzinga Newsdesk
Apple has announced the extension of its Emergency SOS via satellite service for an additional free year for existing iPhone 14 users. The service, which allows users to text emergency services outside of cellular and Wi-Fi coverage, has been credited with saving lives. It is now available on iPhone 15 in 16 countries. Apple also introduced Roadside Assistance via satellite and other safety features like Crash Detection and Medical ID.
November 15, 2023 | 3:19 pm
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POSITIVE IMPACT
Apple extends its Emergency SOS via satellite service for iPhone 14 users for an additional year at no cost, showcasing its commitment to user safety and potentially increasing user loyalty and brand value.
The extension of the Emergency SOS service may be viewed positively by consumers and investors, reinforcing Apple's commitment to safety and innovation. This could lead to increased brand loyalty and potentially drive sales for the iPhone 14 and future models. The positive press from life-saving stories also enhances Apple's corporate image.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Globalstar, the satellite communications company, may experience increased attention and potential business growth due to Apple's extended Emergency SOS service, which relies on satellite infrastructure.
Although not explicitly mentioned in the article, Globalstar is known to be a partner in providing satellite infrastructure for Apple's Emergency SOS service. The extension of this service could imply continued or increased usage of Globalstar's network, potentially leading to more business and a positive impact on its stock.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70