Apple Pay launches in Russia, becomes 10th country to go online

Posted by:
Date: Wednesday, October 5th, 2016, 05:05
Category: Apple Pay, Finance, News, retail


You can now use Apple Pay in Russia, comrade.

Apple launched Apple Pay in Russia on Tuesday, marking the 10th country in which Apple Pay has gone online, following the United States, Britain, Canada and others.


Apple announces Q4 2016 earnings call for Thursday, October 27th

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Date: Tuesday, September 27th, 2016, 05:47
Category: Finance, News


Apple on Monday noted that it would hold its fourth quarter earnings call on Thursday, October 27th. The call will be held at the standard time of 2PM PT/5PM ET, with the earnings release itself being sent out roughly thirty minutes before then.

The earnings call will be important in that it can show how the iPhone 7 and iPhone 7 Plus are doing as products. While Apple generally offers first weekend sales numbers for new iPhone models, the company said this year that it wouldn’t due to the supply contrasts surrounding the new devices. Many analysts, including KGI, expect that Apple will report slower iPhone 7 sales than it did iPhone 6s sales at this time last year, despite increased popularity of the iPhone 7 Plus and the Jet Black color.


iOS 10 users can now send payments via Circle/iMessage collaboration

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Date: Thursday, September 15th, 2016, 05:10
Category: Android, Finance, iOS, News, Software


You can now make Circle-based payments via iMessage in iOS 10.

Apple has tied in with Circle, the social payments provider, and included iMessage-based functionality that allows payments to be quickly sent between users.

This allows the company to capitalize on its vision for more activity in social payments, which have taken off in China through the WeChat app. Circle chief executive Jeremy Allaire, who previously founded a number of successful ventures including online video platform Brightcove, says that after WeChat opened itself up for third-party developers to build apps on top of it, Wechat saw explosive growth as it added business services, utilities, payments and other services offered by third-party apps. Now, he says Apple is doing something similar with iMessage.


Apple has yet to report iPhone 7, iPhone 7 Plus preorder numbers

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Date: Monday, September 12th, 2016, 05:13
Category: Finance, iPhone, News, wireless



In what could be construed as a fairly prominent departure from years past, Apple apparently doesn’t plan to disclose first-weekend sales of its upcoming iPhone 7 handset.

Apple has disclosed the figures for its new iPhones the past eight years. Last year, for example, Apple said it sold 13 million iPhone 6s and 6s Plus phones in their first three days of availability, up 30% from initial sales of the iPhone 6 models the prior year.

Some analysts and investors have viewed the numbers as a gauge of enthusiasm for the new phones. Apple said the figures are less relevant than in the past.


Tim Cook pens scathing letter addressing Apple European tax controversy

Posted by:
Date: Friday, September 2nd, 2016, 05:30
Category: Apple, Finance, Legal, News


There apparently came a moment where, in the wake of the controversy regarding Apple’s tax rate in Ireland, Tim Cook got angry and began smashing things.

Responding to the Commission’s decision that Ireland should recover 13 billion euros ($14.5 billion) in back taxes from Apple, Tim Cook said that “in Ireland and in every country where we operate, follows the law and we pay all the taxes we owe.”

He proceeded to pen the following letter:


Apple buys Gliimpse, apparently looking into health data

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Date: Monday, August 22nd, 2016, 07:30
Category: Finance, Health, News


Apple has apparently acquired Gliimpse, a health startup whose stated aim is to allow any American to pull together a comprehensive picture of their health, which they would be free to share with medical professionals as desired.

The acquisition reportedly happened “earlier this year” and has yet to be noted by Apple or published on the Gliimpse web site. For its part, Apple offered its usual “non-denial” statement that it ‘buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans.’

Interestingly, Gliimpse founder Anil Sethi started out as an Apple engineer back in the late 80s, before becoming a serial entrepreneur after forming and taking public his company Sequoia Software. He said that he formed Gliimpse out of a frustration at the incompatibility of existing Electronic Health Record systems.


Apple announces $42.4 billion in revenue, $7.8 billion profit for Q3 2016

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Date: Tuesday, July 26th, 2016, 14:42
Category: Apple Pay, Finance, iOS, iPad, iPad Pro, iPhone, macOS, News, Sierra, Siri


You know, in most businesses, a quarterly profit of $7.8 billion would be considered a good thing.

In Apple’s frame of mind, this isn’t that stellar.

In today’s Q3 2016 conference call, representatives from Apple cited revenues of $42.4 billion, a profit of $7.8 billion with a margin of 38 percent.

Apple CEO Tim Cook cited the successful launch of the iPhone SE, wherein demand outstripped capacity at first. Additional capacity was brought online to handle this.

Cook cited an 8 percent decline in iPhone sales from Q3 2015.


New report sees China overtake U.S. in iOS game revenues

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Date: Friday, July 22nd, 2016, 08:58
Category: Developer, Finance, iOS, News, Software


The Chinese app market is the world leader at this point in time, the U.S. coming in second and Japan rounding out third place.

A few months ago, App Annie reported on China passing Japan in iOS game revenues, and the firm had predicted that China would jump over the US next. This has now happened and App Annie’s newest report on iOS revenues in Q2 has revealed even more explosive growth for the country. The site noted that China managed to generate nearly double the iOS App Store Games revenue it had just a year earlier in Q2 2015.


Apple Pay arrives in Hong Kong with support for American Express, MasterCard and Visa cards

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Date: Wednesday, July 20th, 2016, 07:28
Category: Apple Pay, Finance, News, retail


Apple Pay has just rolled out in Hong Kong in a big way.

The service, which has gone online, is supported with Visa, MasterCard, and American Express cards issued by Bank of China, DBS Bank, HSBC, Standard Chartered, and Hang Seng Bank. Additionally, cards issued directly by American Express are also supported.

In the future, Apple says that Hong Kong’s Bank of East Asia and Tap & Go cards will also be supported with Apple Pay in Hong Kong, though no timetable has been given.


FIS, Payment Alliance International announce plans to bring Touch ID access to 70,000 ATMs across U.S.

Posted by:
Date: Friday, July 15th, 2016, 10:46
Category: Apple Pay, Finance, iPhone, News, Software, Touch ID


Touchless transactions complete with Touch ID compatibility are en route to a point of sale station near you.

FIS and Payment Alliance International have announced a new partnership that will see cardless withdrawals with Touch ID enabled at over 70,000 ATMs at stores, gas stations, restaurants, and shopping malls across the United States.

FIS Cardless Cash is a QR code-based solution that will reduce the risk of card skimming and shoulder surfing at ATMs by allowing customers to securely withdraw their funds through an iPhone app without inserting a plastic card into the machine. All transactions will require Touch ID verification as an additional layer of security.