Apple posts $37.4 billion in revenues, $7.7 billion profit for Q3 2014

Posted by:
Date: Tuesday, July 22nd, 2014, 18:52
Category: Finance, iPad, iPhone, iPod, News

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Apple’s money train kept rolling into the third quarter.

Per Macworld, the company posted revenues of US$37.4 billion and a net profit of US$7.7 billion, making for a record June quarter for the company.

Those numbers were up from the third quarter of 2013, when Apple tallied US$35.3 billion in revenue and US$6.9 billion in net profit.

For the 2014 third quarter, Apple earned US$1.28 per diluted share, up from US$1.07 a diluted share the company earned in the year-ago quarter. Apple has declared a cash dividend of US$0.47 per share of the company’s common stock.

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Apple pays $400 million settlement in ebook pricing case

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Date: Thursday, July 17th, 2014, 06:51
Category: Legal, News

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Sometimes you get stuck with your hand in the cookie jar.

Per Reuters and AppleInsider, Apple has agreed to pay up to US$450 million to settle a class-action lawsuit from states and consumers accusing the iPad maker of illegally fixing e-book prices and raising costs.

The settlement was first revealed by New York Attorney General Eric T. Schneiderman, who indicated that the deal will resolve claims for consumer damages and civil penalties brought forward in lawsuits by the state of New York and 32 other states and territories.

Schneiderman said the settlement could result in payments of up to US$400 million to consumers. Total costs in the conditional settlement are said to be around US$450 million.

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Apple expands iPad, iPhone trade-in program to Australian market

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Date: Tuesday, July 15th, 2014, 06:31
Category: iPad, iPhone, News, retail

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Apple’s iPhone and iPad trade-in program is coming to the land down under.

Per MacRumors, Apple today expanded its iPhone and iPad trade-in program to Australia, giving customers who trade in an older device credit towards the purchase of a new device. Users who trade in an iPhone can earn up to A$250, while users who trade in an iPad can get up to A$215.

Apple’s current press release states that the iPhone 5s, 5c, and iPad Air are not eligible for the credit, nor are first-generation devices like the iPhone 3GS or the original iPad. All other devices are eligible, however, and Apple will still recycle original models for free.

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South Korea may inspire global App Store policy change

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Date: Wednesday, July 9th, 2014, 08:52
Category: Android, App Store, Apple, Apps, Developer, iOS, iPhone, Legal, Mobile Phone, Software

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According to CNETSouth Korea’s Fair Trade Commission (FTC) has ordered Google and Apple to remove specific clauses pertaining to refunds contained within applications’ terms and services on both Google’s Play Store and Apple’s App Store (for iPhone and iPad). The Commission declared that the clauses were, “explicitly unfair and responsible for damages to the consumer”.

In a press release, South Korea’s FTC said;

‘‘We expect the measure, aimed at protecting consumers, will have a ripple effect on similar cases throughout the world.”

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Apple releases iOS 7.1.2 update

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Date: Monday, June 30th, 2014, 16:41
Category: iOS, iPad, iPad Air, iPad mini, iPhone, iPod Touch, News, Software

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This could prove helpful.

On Monday, Apple released iOS 7.1.2, the latest version of the operating system for its iPhone, iPad and iPod touch devices.

The new version, a 1.44 gigabyte download via Software Update, adds the following fixes and changes:
- Improves iBeacon connectivity and stability.

- Fixes a bug with data transfer for some 3rd party accessories, including bar code scanners.

- Corrects an issue with data protection class of Mail attachments.

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Will Siri have to answer to Samsung?

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Date: Wednesday, June 18th, 2014, 08:01
Category: Apple, Business, iPhone, Mac, News, Samsung, Siri, Software

siri-icon-ios7According to The Wall Street Journal (subscription required), the voice-recognition tech company behind Apple’s Siri assistant may be in talks with Samsung to sell its technology to Apple’s most notorious competitor. Nuance has reportedly been in talks with several potential buyers as the company seeks to sell off its highly sought after voice-to-text translation software. According to some sources familiar with one of the companies involved, Samsung and other private-equity firms have been part of discussions surrounding a possible sale of the company. In addition to Siri, Nuance provides the technology behind Dragon Naturally Speaking software for both Mac and PC, as well as Samsung’s own phones, tablets, and wearable devices.

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Foxconn could include Sharp in production of next-gen iPhone displays

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Date: Monday, June 16th, 2014, 11:42
Category: Hardware, iPhone, News

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In spite of disagreements over the years, legal tussles and injunctions galore, there’s still money to be made in cranking out iPhone handset displays.

According to Electronista and the United Daily News, Apple’s main assembly partner, Foxconn, is in talks to use Sharp technology to help build iPhone and iPad displays. Sharp is presently one of several companies already involved in producing displays for Apple products, other partner companies including LG Display and Japan Display.

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Amazon introduces Prime Music – more value for your $99

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Date: Friday, June 13th, 2014, 08:49
Category: Amazon, Announcement, iOS, Mac, music, Opinion, Review, Services

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Amazon just announced the latest service in its Prime family, Prime Music, which together with Prime Instant Video and Prime Shipping will cost $99 a year. Earlier this year, Amazon increased the the price of a Prime subscription from $79 to $99, but at the time there was no indication that there would be any new features to offset the higher price-tag (unless you count the promise of a sky full of drones).

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Apple is pushing music downloading apps out of the App Store

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Date: Tuesday, June 10th, 2014, 08:38
Category: App Store, Apple, Apps, iOS, iTunes Music Store, iTunes Radio, music

music-download-appIn what appears to be an aggressive move to promote iTunes purchases and iTunes Radio, and possibly a Beats-related subscription service, Apple has been systematically removing any music downloading apps from the App Store according to MacRumors. Any search previously for “music download” in the App Store would show a number of apps that could download music and audio files from websites such as Soundcloud and YouTube, obviously taking a bite out of iTunes sales. Now the same search displays a message inviting users to try out iTunes Radio, with the first few results for apps include those for streaming services such as Spotify and other music-based apps that lack downloading capabilities. Apple has also asked developers to remove audio downloading functionalities from their apps. 

 

 

Doctor sets the bar for Apple’s Health app

Posted by:
Date: Tuesday, June 10th, 2014, 08:24
Category: Apple, Apps, Features, Health, iOS, Software

482887779JS023_APPLE_HOSTS_Do a search for “health tracker” in the App Store and you’ll get a list of 500 apps before the search truncates the list. Health apps are a dime a dozen. The apps track everything from diet (calories, weight) to activities (running, biking) to vital body readings (blood pressure, blood sugar, heart rate), some integrated with hardware such as Withings Blood Pressure Monitor. When Apple finally releases its Health app, what will make it any different or more valuable than the other 500 apps? Well, according to Dr. Thomas J. Morrow who holds the position of Chief Medical Officer at Next IT, developers of virtual assistant technology for healthcare, Apple needs to include 3 vital functions if the Health app is to set itself apart from the crowd.

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