Rumor: Apple in negotiations to purchase Waze map service

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Date: Thursday, January 3rd, 2013, 10:16
Category: iOS, Rumor, Software

When in doubt about your own technologies, maybe it’s time to go shopping.

Per TechCrunch and The Mac Observer, Apple is apparently deep in negotiations to buy the online map service Waze. Sources say the Mac, iPhone and iPad maker is willing to pay upwards of US$500 million for the company, although Waze is said to be holding out for US$750 million.

Waze’s twist on the online map and navigation market is social networking. The company gathers map data through users as they drive, and is seen as generally more accurate than some other online map services since users are contributing information daily. In contrast, Google’s Maps relies primarily on its own cars to gather data and street view photos.

Apple found itself with a marketing black eye after the release of iOS 6 in fall 2012 when it replaced Google’s Maps for its own service — a service that suffered from accuracy issues and missing location data. Apple responded with a public apology and a promise to “throw its weight” behind improving its Maps service.

The company also recently approved Google’s own mapping app for the iPhone, which brought back features missing from Apple’s own app such as public transportation information. With Google Maps available, competition in the navigation space ramped up a little, although Waze is apparently the only navigation app that gained serious traction after Apple released its own Maps app.

Apple also already has a working relationship with Waze since the company is providing some of the location data iOS 6 users rely on.

Stay tuned for additional details as they become available.

Apple to hold Q1 2013 earnings conference call on Wednesday, January 23rd

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Date: Thursday, January 3rd, 2013, 07:39
Category: Finance, News

applelogo_silver

It’s nice to get the numbers back and see how you’re doing.

Per AppleInsider, Apple announced on Wednesday that it will reveal results for the first fiscal quarter of 2013 on Jan. 23, which will be followed by an earnings conference call expected to cover initial statistics for the holiday season as well as performance numbers for the iPad mini.

The announcement was posted to Apple’s Investor Relations web site and noted the conference call will start on Wednesday, Jan. 23 at 2:00 p.m. Pacific/5:00 p.m. Eastern. A live audio stream of the call will be available at this link.

In the fourth quarter of 2012, Apple saw a 25 percent boost in profits thanks to strong sales of 44 million iDevices, including 26.9 million iPhones, for the three month period. Revenue for fiscal 2012 reached over US$156 billion on sales of more than 200 million iOS devices, 18 million Macs, and 35 million iPods.

For the upcoming report, Apple forecast revenue of US$52 billion and diluted earnings per share of about US$11.75 for the quarter ending in December. The multitude of new product launches and product line refreshes, like the iPad mini, iPhone 5 and newly redesigned iMac line, are expected to drive down gross margins that could equate to a decline of 400 basis points for the three month period.

Stay tuned to the PowerPage for up to the minute coverage on the earnings come the 23rd.

iOS 6 New Year’s Eve “Do Not Disturb” bug to auto-correct itself on Jan. 7th according to Apple

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Date: Thursday, January 3rd, 2013, 07:24
Category: iOS, News, Software

This is sort of an awkward thing, but Apple says it should resolve itself in four days’ time.

Per AppleInsider, Apple has posted a support document, informing users that a bug with the “Do Not Disturb” feature in iOS 6 will automatically be resolved after Jan. 7.

The document, published on Wednesday, acknowledges the “symptom” of the problem, in which the Do Not Disturb mode stays on past its scheduled end time. The bug went into effect with the start of the new year on Tuesday.

“Do Not Disturb scheduling feature will resume normal functionality after January 7, 2013,” Apple’s document reads. “Before this date, you should manually turn the Do Not Disturb feature on or off.”

Users can manually switch the automatic feature of Do Not Disturb on or off by opening the iOS Settings application, choosing “Notifications,” then “Do Not Disturb,” and switching “Scheduled.” Until next Monday, Jan. 7, the feature will not auto-enable or disable as it has done since the launch of iOS 6 in September.

The iPhone has a history of New Year’s bugs, with another issue arising at the start of 2011 that prevented non-repeating alarms from ringing. When the bug became known, Apple suggested that users set recurring alarms until Jan. 3 of that year, when the alarms automatically began working again properly.

If you’ve seen this bug on your end, please let us know.