O'Grady's PowerPage » Finance

Apple acquires real-time capture firm Faceshift, intended purposes unknown

Posted by:
Date: Wednesday, November 25th, 2015, 07:11
Category: Finance, News, Software


It’s hard to say what Apple will do with its new toy, but it’s been confirmed that it just bought a real-time motion capture firm.

The company apparently acquired Faceshift, a Zurich-based capture firm, which has worked with game and animation studios on technology designed to quickly and accurately capture facial expressions using 3D sensors, including Faceshift Studio software with plugins for Maya and Unity. The company was also working toward consumer-facing software like a Skype plugin that would support real-time avatars for video chat.


Rumor: Apple looking to bring Apple Pay to Chinese marketplace in 2016

Posted by:
Date: Tuesday, November 24th, 2015, 07:23
Category: Apple Pay, Finance, Rumor


It looks like Apple Pay could be in China as early as next year.

Back in September, Apple created a company in the Shanghai free-trade zone, hinting at its plans to launch Apple Pay in the country. It’s since been reported that Apple plans to launch Apple Pay in China by February. Apple has reportedly secured agreements with the four largest banks in China to support the platform.


Apple Pay launched in Australia through American Express partnership

Posted by:
Date: Thursday, November 19th, 2015, 08:51
Category: Apple Pay, Finance, News


Apple Pay has just launched in Australia.

In a somewhat limited capacity, but it’s launched.

On Thursday, Apple, partnering with American Express, launched Apple Pay in Australia.

At present, no co-branded cards are currently supported, and only stores equipped for AmEx wireless payments are accepting transactions. This does include major chains though, among them Coles, Harvey Norman, Starbucks, Woolworths, and others.


95 banks, credit unions, including H&R Block, added to Apple Pay list

Posted by:
Date: Wednesday, November 18th, 2015, 08:57
Category: Apple Pay, Finance, News


Apple on Tuesday added yet more banks and credit unions to its list of Apple Pay issuers, bringing the grand total to over 740.

Among these was tax preparer H&R Block, which offers the prepaid Emerald debit card.

Acme Federal Credit Union

Alpine Bank

Alpine Credit Union

Altier Credit Union

American 1 Credit Union

American Trust and Savings Bank

Ashland Credit Union

Augusta Metro Federal Credit Union

Avidia Bank


American Express states that Apple Pay will launch in Canada on Tuesday, November 17th

Posted by:
Date: Monday, November 16th, 2015, 08:02
Category: Apple Pay, Finance, iOS, News


For those of you to the north, Apple Pay will launch in Canada starting tomorrow.

Apple Pay is expected to expand to its third market this week, launching in Canada this Tuesday, November 17th. As previously announced, Apple Pay will be launching through an exclusive partnership with American Express, initially limiting the reach of Apple’s payments service in the country.


Rumor: Apple looking to create person-to-person payment functionality with Apple Pay

Posted by:
Date: Thursday, November 12th, 2015, 08:34
Category: Finance, Rumor


Apple could be moving Apple Pay into the person-to-person payments market.

The current word on the ground is that Apple has spoken with J.P. Morgan Chase, Capital One, Wells Fargo, and U.S. Bancorp about the system. It’s not clear how far those talks have progressed, and many technical details remain unsettled.


Apple looking into potential 4.15 million square foot site north of San Jose

Posted by:
Date: Wednesday, November 4th, 2015, 13:37
Category: Finance, News


You can do a lot with 4.15 million square feet.

Or at least that’s what Apple might be up to given its inquiry into a campus north of San Jose. The new structure, if completed, would be larger than the “spaceship” campus Apple has underway.

The draft agreement between Apple Inc. and the city of San Jose, which is not yet completed, will come before the city’s Planning Commission later this month, officials said. It would lock in development rights — and expectations for both sides — for the next 15 years in an area that sprawls across 86 acres north of Highway 101 across from the Mineta San Jose International Airport.

The area Apple has been focused on now sprawls over roughly 86 acres in north San Jose. The sites would be subject to a development agreement between Apple and the city, spelling out how the land could sprout buildings. But the deal does not signify an actual project.


Apple discloses $1.69 billion increase in “Other Products” division, could be directly attributable to Apple Watch sales

Posted by:
Date: Thursday, October 29th, 2015, 08:13
Category: Apple TV, Apple Watch, Finance, iPad, iPod, News


Although Apple has yet to disclose any specific sales numbers for the Apple Watch, they may have tipped their hand a bit with the company’s most recent financial report.

A figure within the report states that Apple’s “Other Products” division climbed by more than US$1.69 billion in sales by the end of September.

As part of the company’s quarterly 10-Q filing with the U.S. Securities and Exchange Commission, Apple said that more than 100 percent of the year-over-year revenue growth in its “Other Products” category was attributed to the Apple Watch.


Apple cites $11.1 billion profit, $51.5 billion in revenue in Q4 2015 earnings report

Posted by:
Date: Wednesday, October 28th, 2015, 08:29
Category: Apple Watch, Finance, iPad, iPhone, News, Wearables


Once again, Apple just made a whole lotta moolah.

The company was about to beat its expectations for its fourth quarter, chalking up an US$11.1 billion profit on US$51.5 billion in revenue. Apple cited the iPhone as its biggest moneymaker, reporting 48.05 million iPhones sold, up from 39.27 million in the same quarter a year ago. More specifically, the company made US$32.21 billion in revenue from iPhone sales alone.

Analysts polled by Fortune were expecting Apple to sell 48.7 million iPhones in the quarter. Analysts also expected Apple to earn $1.88 per share, up from $1.42 a share in the same quarter last year. As for revenue, analysts wanted Apple to make $50.8 billion, while Apple itself expected to pull in $49 billion to $51 billion. The company handily beat all of those expectations.


Chase announces Chase Pay payment system, will be modeled off MCX’s CurrentC method

Posted by:
Date: Tuesday, October 27th, 2015, 08:31
Category: Finance, iOS, News, retail, Software


There’s always money to be made in the payment service industry.

A new report has announced that Chase Chase CEO of Consumer and Community Banking, Gordon Smith, who announced “Chase Pay” at the Money20/20 payments conference in Las Vegas.

The Chase Pay service will work via QR code instead of over NFC, allowing customers to make purchases with their smartphones by showing a QR code to a cashier. The method is similar to MCX Consortium’s upcoming CurrentC platform, with whom Chase is partnering for its payments service.