Simply put Uber is an app for smartphones that let you summon a car to take you wherever you want to go. The company has had no shortage of bad press lately, it has even been accused to exploiting crises, mainly because of its surge pricing mechanism that bumps up prices when there’s more demand for cars. With a snowstorm expected to dump as much as two feet of snow from New York to Boston there will undoubtedly be demand for more rides, and Uber says that it will cap price surges so that riders don’t get hit with astronomical bills.
There have long been indications that the Chinese market is going to overtake the U.S. to become Apple’s biggest market. Apple CEO Tim Cook himself pointed out this possibility back in October last year, he said that this was “just a matter of time,” and if analysts are to be believed this time has come. Analysts expect that Apple is going to confirm this possibility tomorrow during its Q1 earnings call.