Apple announces $75.9 in revenue, $18.4 billion profit for Q1 2016

Posted by:
Date: Tuesday, January 26th, 2016, 14:37
Category: Apple Watch, Finance, iPad, iPhone, News


It’s hard to argue with an $18.4 billion profit.

This is what Apple had to announce for its Q1 numbers, the company citing an $18.4 billion profit on $75.9 billion in revenue.

During the conference call, Apple cited 74.7 million iPhones sold, 16.1 million iPads sold, and 5.3 million Macs sold. Although the October through December period was probably a stacked quarter for Apple Watches sales, the company doesn’t break out category sales for that product for “competitive” reasons.


Rumor: Second-gen Apple Watch will enter mass production in Q2 of 2016, Quanta cited as sole manufacturer

Posted by:
Date: Tuesday, January 26th, 2016, 08:31
Category: Apple Watch, Rumor


The source has a mixed track record, but the rumor is pretty interesting.

A new rumor has it that the second-generation Apple Watch will go into mass production in the second quarter of 2016, with Quanta Computer remaining as the sole manufacturer.

Apple had apparently considered placing some orders with Foxconn, its main manufacturing partner, but volumes aren’t expected to be that high according to supply chain sources. Both Quanta and Foxconn refused to comment on the matter.


Leaked memo indicates that Barclays will support Apple Pay by April

Posted by:
Date: Tuesday, January 26th, 2016, 08:21
Category: Apple Pay, Finance, News


U.K. bank Barclays has confirmed that it will launch Apple Pay within the next 45 to 60 days, based on a two-week-old email dated January 12, suggesting the bank will support the iPhone-based mobile payments service by no later than March 28.

The launch date was released by Barclays CEO of Personal and Corporate Banking Ashok Vaswani in what appears to be a legitimate email sent to customer Oli Foster-Burnell. The executive has emailed customers about Apple Pay in the past.