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Wednesday, January 28, 2015

Apple, Samsung now tied for the title of world's largest smartphone maker

Apple, Samsung now tied for the title of world's largest smartphone maker

The 74.5 million iPhones sold over the last three months of 2014 didn't just help Apple report the highest quarterly profit of any publicly-traded company in history, they also propelled the Cupertino giant into a first-place tie with Samsung as the largest smartphone maker in the world.

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FeatureSamsung's mobile profits plunge 64.2% after Apple's iPhone 6 devastates premium Galaxy sales

Samsung's mobile profits plunge 64.2% after Apple's iPhone 6 devastates premium Galaxy sales

Samsung Electronics reported overall Q4 operating profits of 5.29 trillion won ($4.9 billion)—a 36 percent year-over-year drop—but its Mobile division suffered a 64.2 percent drop in profits, falling from $5 billion in the year ago quarter to $1.8 billion in the December quarter.

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TracFone will pay $40 million to settle unlimited data beef with the FTC

TracFone will pay $40 million to settle unlimited data beef with the FTC

Consumers who have previously signed up for pre-paid wireless plans advertised with unlimited data from TracFone now have the right to claim a refund, as the company has agreed to a $40 million settlement over charges that it throttled or disconnected customers who used too much data.

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Qualcomm lowers revenue forecasts as Apple squeezes its best customers

Qualcomm lowers revenue forecasts as Apple squeezes its best customers

Chipmaker Qualcomm on Wednesday revised its revenue forecast downward for 2015, lopping nearly $1 billion off of its high-end estimate and seemingly blaming the change in part on Apple's annexation of market share with the iPhone 6.

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Apple's R&D spending shoots up 42% year-over-year, hit new $1.9B record in Q1

Apple's R&D spending shoots up 42% year-over-year, hit new $1.9B record in Q1

Apple does not appear to be resting on its laurels despite record sales of its iPhone and Mac, as the company spent nearly $2 billion on research and development in the first fiscal quarter of 2015, an increase of more than 40 percent over the year-ago figure.

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China to demand source code access, backdoors in some tech products

China to demand source code access, backdoors in some tech products

China's central government has introduced new procurement regulations that would force technology companies wishing to do business with the country's banks to submit source code for review and build government-accessible backdoors into their products, according to a Wednesday report.

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Sony to shutter iTunes & Beats Music competitor Music Unlimited, partner with Spotify

Sony to shutter iTunes & Beats Music competitor Music Unlimited, partner with Spotify

Struggling Japanese electronics maker Sony has conceded defeat in the digital music market, announcing on Wednesday that it will close its cross-platform Music Unlimited service at the end of March and refer customers to another iTunes & Beats Music competitor, Spotify.

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Carl Icahn says Apple is still undervalued, plans to increase his $203 price target

Carl Icahn says Apple is still undervalued, plans to increase his $203 price target

Activist investor Carl Icahn believes shares of Apple should be valued much higher than their current trading price, and on Wednesday said he even plans to revise his own price target for the stock, which he called a "no-brainer" investment.

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FeatureWall Street shocked by Apple's staggering quarter, prompting analysts to raise estimates

Wall Street shocked by Apple's staggering quarter, prompting analysts to raise estimates

Apple's stunning first quarter of fiscal 2015 blew virtually every prediction out of the water, and left Wall Street analysts rushing to increase their price targets on Wednesday as the stock jumped higher.

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Google Play downloads are growing, but Apple's App Store commands 70% of revenue

Google Play downloads are growing, but Apple's App Store commands 70% of revenue

Downloads still aren't translating to dollars for Google and developers who create applications for its Play store for Android devices, as Apple's iOS App Store remains far and away the most profitable digital storefront, according to the latest data.

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FeatureBy the numbers: Apple's ludicrous fourth quarter

By the numbers: Apple's ludicrous fourth quarter

Apple reported the biggest quarter in its history this week —and one of the largest by any company ever — by nearly every metric imaginable. AppleInsider puts those mind-boggling numbers into perspective.

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Tuesday, January 27, 2015

Apple Store employees to get updated attire, go 'back to blue' starting Feb. 2

Apple Store employees to get updated attire, go 'back to blue' starting Feb. 2

Starting Feb. 2, customers walking into an Apple Store may notice something a little different as employees are expected to wear newly designed crew neck or polo shirts in a familiar shade of blue, but with repositioned and resized white Apple logos.

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Universal Pictures announces cast of upcoming Steve Jobs movie, start to principal filming

Universal Pictures announces cast of upcoming Steve Jobs movie, start to principal filming

In a prepared statement issued on Tuesday, Universal Studios announced the full cast list for its upcoming Steve Jobs biopic, currently titled "Steve Jobs," including actresses set to play Jobs' daughter Lisa at three different ages.

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eBay developing Apple Watch software with ties to iOS app

eBay developing Apple Watch software with ties to iOS app

Apple Watch owners may never need to worry about being outbid in an eBay auction again, as a new job listing posted by the Internet auctioneer suggests advanced development of a bespoke Apple Watch app.

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Apple iPad sales slumped 18% in Q1, but Cook still sees 'bright future' for platform

Apple iPad sales slumped 18% in Q1, but Cook still sees 'bright future' for platform

As many industry analysts predicted, iPad sales saw a steep year-over-year decline for the first fiscal quarter of 2015, but CEO Tim Cook is optimistic and sees great potential in Apple's upcoming hardware pipeline.

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Tim Cook calls 2015 the 'year of Apple Pay' as service takes over contactless payments market

Tim Cook calls 2015 the 'year of Apple Pay' as service takes over contactless payments market

Apple Pay now accounts for two out of every three dollars processed through contactless payment systems, a huge achievement for Apple's NFC-based solution that debuted less than three months ago.

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Apple shipped one billionth iOS device in Q1, expects continued iPhone momentum

Apple shipped one billionth iOS device in Q1, expects continued iPhone momentum

During its quarterly conference call on Tuesday, Apple CEO Tim Cook announced the company had sold its one billionth iOS device in the December quarter, a device that will be kept at Cupertino for posterity.

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China responsible for massive Apple revenue growth, reaches $16.1B in Q1

China responsible for massive Apple revenue growth, reaches $16.1B in Q1

Apple on Tuesday announced a record smashing $74.5 billion in revenue with the usual suspects U.S. and Europe sales ticking the highest numbers, but China is quickly moving in on second place after bringing in a huge $16.1 billion.

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Apple Watch on track to ship in April, CEO Tim Cook says

Apple Watch on track to ship in April, CEO Tim Cook says

During Apple's quarterly conference call on Tuesday, CEO Tim Cook said Apple Watch development is on track and expects to launch the device in April, coming in just under the company's "early 2015" promise.

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FeatureNotes of interest from Apple's Q1 2015 conference call

Notes of interest from Apple's Q1 2015 conference call

Apple reported the biggest quarter in its company's history on Monday, selling nearly 100 million iPhones and iPads to earn $74.6 billion in quarterly revenue. Following the announcement, executives from the company participated in a conference call with analysts and the media, and notes of interest follow.

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Breaking
Apple obliterates expectations, selling 74.5M iPhones & earning $18B in profit

Apple obliterates expectations, selling 74.5M iPhones & earning $18B in profit

Apple completely crushed not only its own all-time records, but also even the loftiest expectations on Wall Street on Tuesday, selling a whopping 74.5 million iPhones on its way to $18 billion in net profit in a single, massively successful quarter.

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Apple Pay launches at 200K self-service stations, including parking, laundry & vending machines

Apple Pay launches at 200K self-service stations, including parking, laundry & vending machines

More than 200,000 self-service stations across America — including vending machines, coffee brewers, parking pay stations, kiosks and laundry equipment —will gain compatibility with Apple Pay, thanks to support from USA Technologies Inc.

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YouTube pushes Flash to the back burner, will now default to HTML5 player

YouTube pushes Flash to the back burner, will now default to HTML5 player

Nearly five years after Steve Jobs published his infamous "Thoughts on Flash," streaming video service YouTube has announced plans to migrate away from the technology as users accessing the site via Chrome, Internet Explorer 11, Safari 8, and beta versions of Firefox will now be served the HTML5 video player by default.

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Briefly: Apple TV gains 120 Sports channel, Twitter adds group messaging

Briefly: Apple TV gains 120 Sports channel, Twitter adds group messaging

Apple on Thursday added yet another sports channel to the ever-expanding Apple TV content lineup, while Twitter updated its iOS app with a new feature that allows for direct messages to be sent to groups.

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FeatureApple Inc's once slower Q2 now getting a boost from China's Lunar New Year holiday

Apple Inc's once slower Q2 now getting a boost from China's Lunar New Year holiday

Over the last fifteen years, brisk sales of iPods and then iPhones once predictably surged in a winter quarter Christmas wave that then ebbed during the March quarter. Since 2011, however, China has emerged as a counterbalance with its own massive holiday season: Lunar New Year.

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Breaking
Apple's OS X 10.10.2 update fixes Wi-Fi connection issues, improves iCloud, patches security holes

Apple's OS X 10.10.2 update fixes Wi-Fi connection issues, improves iCloud, patches security holes

Apple on Tuesday pushed OS X Yosemite version 10.10.2 to users, bringing with it changes that address potential security issues, Wi-Fi connection problems, and improvements to iCloud Drive and the Bluetooth audio stack.

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Breaking
Apple releases iOS 8.1.3 reducing storage required to update, squashing Spotlight bugs, more

Apple releases iOS 8.1.3 reducing storage required to update, squashing Spotlight bugs, more

Apple on Tuesday issued an update for its iOS mobile operating system, addressing complaints about how much storage was required to install new software, and also fixing a number of bugs related to FaceTime, iMessages, Spotlight, and iPad multitasking gestures.

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Canalys says Apple sold more smartphones in China than any other brand over the holidays

Canalys says Apple sold more smartphones in China than any other brand over the holidays

Apple's iPhone 6 and 6 Plus have propelled the company to the top of the smartphone sales charts in China, a report published Wednesday suggests, knocking off former top dog Samsung and besting every domestic Chinese firm in the fourth quarter of 2014.

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Earnings preview: Wall Street awaits record shattering $67B quarter from Apple

Earnings preview: Wall Street awaits record shattering $67B quarter from Apple

With just a few hours to go before Apple reports the results of its first fiscal quarter of 2015, Wall Street is hyped for what it expects will be a blockbuster, all-time record for the iPhone maker.

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