Analysts highlight extremely strong iPhone sales in China over last quarter

Posted by:
Date: Monday, January 26th, 2015, 17:04
Category: Finance, iPhone, News

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The Chinese marketplace apparently loves the iPhone 6.

Per MacRumors and Financial Times, according to analysts from financial firm UBS, China accounted for 36 percent of iPhone shipments in the most recent quarter, compared to 24 percent for the U.S. The analysts also compared the numbers to 2013, noting that a year before China accounted for only 22 percent of shipments with the U.S. at 29 percent.

Creative Strategies analyst Ben Bajarin concurs with the UBS report, believing around 2 million more iPhones were sold in China than in the U.S. during the quarter. With the upcoming launch of the Apple Watch, he also believes it’s just the beginning of the country’s fiscal dominance over Apple sales.

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Apple earnings estimates begin to come together

Posted by:
Date: Monday, January 26th, 2015, 09:24
Category: Finance, iPhone, News

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It’s impossible to say what Apple’s exact earnings will be until they’re announced on Tuesday, but the cool cats at Bloomberg are beginning to put some numbers together.

Over on their Apple stock page, the current estimates are pointing towards 17 percent growth in revenue and net income boosted by holiday sales of devices like the iPhone 6 and iPhone 6 Plus.

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Software industry now officially bigger than Hollywood with Apple paying $10 billion to developers in 2014

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Date: Friday, January 23rd, 2015, 15:37
Category: Finance, News, Software

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It’s official: Software is now more profitable than Hollywood, baby.

Per the results over at Asymco and the box office receipts over at Box Office Mojo, Apple’s App Store receipts outgrossed movie receipts in 2014.

Apple paid US$10 billion to developers in calendar 2014. Additional statistics for the App store are as follows:

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Apple purchases Semetrics music analysis service, puts itself in better position to track users’ music listening habits

Posted by:
Date: Wednesday, January 21st, 2015, 13:43
Category: Finance, News

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Apple’s interested in what you’re listening to.

Especially if it helps to justify having spent several billion dollars for Beats.

Per The Guardian, Apple has acquired British startup Semetric, which runs the Musicmetric analytics tool, as part of its plans to relaunch its Beats Music streaming music service later in the year.

In documents filed with Companies House earlier in January, Semetric’s registered address was changed to 100 New Bridge Street in London – the office of law firm Baker & McKenzie, which is also the registered address of Apple Europe Limited.

Meanwhile, senior Apple attorney Gene Levoff was appointed as a director of Semetric in October 2014, according to another published through Companies House in January.

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Apple adds 15 more banks and credit unions to list of Apple Pay institutions

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Date: Tuesday, January 20th, 2015, 13:59
Category: Finance, iOS, News

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It’s never a bad thing when a payment type gains additional support.

Per 9to5Mac, following the addition of eight additional card issuers and banks earlier this month, Apple has updated its list of supported institutions and card types to include 15 more credit unions and banks.

These new banks are listed as supporting Apple Pay as of today:

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Rumor: Apple Pay to enter Canadian market in March

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Date: Friday, January 9th, 2015, 11:47
Category: Finance, Rumor

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Apple Pay could be headed north within a few months.

Per 9to5Mac, Apple is preparing to expand its new Apple Pay payments service internationally with at least the Canadian launch currently scheduled for early 2015, according to sources close to the story.

Sources say partners are currently in negotiations with Apple regarding the launch scheduled to come sometime in the first half of this year. Apple and Canadian launch partners are in the process of planning advertising and other promotional material for March, which indicates that the launch could come as soon as then. Of course, these are still active discussions and it’s possible the talks could fail to result in a launch by March. Several sources, however, say that Apple is currently targeting that timeframe.

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Apple reports falling iTunes Music Store numbers in SEC filing

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Date: Tuesday, January 6th, 2015, 11:48
Category: Finance, iTunes Music Store, News, Software

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iTunes Music Store downloads are falling.

And the numbers aren’t pretty.

According to VentureBeat, in a securities filing with the Securities and Exchange Commission, Apple reported declining iTunes Music Store numbers.

“Growth in net sales from the iTunes Store was driven by increases in revenue from app sales reflecting continued growth in the installed base of iOS devices and the expanded offerings of iOS Apps and related in-App purchases,” the company wrote. “This was partially offset by a decline in sales of digital music.”

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New York City considering Apple Pay, Bitcoin as options for parking ticket payment

Posted by:
Date: Wednesday, December 31st, 2014, 16:02
Category: Finance, iOS, News, Uncategorized

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You might just be able to pay your parking tickets in New York City with Apple Pay in the new year.

In an effort to reboot an old and obtuse parking ticket payments system, the city of New York is investigating alternative forms of payment, including mobile transactions powered by services like Apple Pay and PayPal.

Per AppleInsider and MarketWatch, the city’s finance department is looking to upgrade its parking ticket platform, which currently handles some US$600 million annually from about 10 million issued tickets.

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Rumor: Apple Pay to launch in UK in first half of 2015

Posted by:
Date: Monday, December 29th, 2014, 11:14
Category: Finance, iOS, News, retail

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Apple Pay may be coming to the old empire before too long.

Per 9to5Mac and the Telegraph, sources involved in talks taking place between Apple and “Britain’s top banks” have stated that the service is expected to launch in the UK in the first half of 2015.

A job listing revealed earlier in the month that Apple had a London-based team working on rolling out the service across Europe, the Middle East, India and Africa.

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Citigroup raises Instagram valuation from $16 billion to $35 billion

Posted by:
Date: Monday, December 22nd, 2014, 08:22
Category: Finance, News, Software

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You may not think Instagram is the best use of your time, but that doesn’t mean it doesn’t have an extremely strong market value.

Per TechCrunch, Citigroup raised the valuation of Instagram this morning from US$19 billion to US$35 billion.

The photo-sharing network recently announced it had surpassed 300 million active users, and has taken steps toward cleaning up spam accounts, as well as adding new filters and features in an update this week.

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