15 interesting points from today’s earnings call

By Cody Lee on Oct 20, 2014

Apple announced its financial results for Q4 2014 this afternoon, and for the most part it beat the Street’s expectations. The company sold 39.3 million iPhones and pulled in $42.1 billion in revenue during the three month period, and iPad sales fell short at just 12.3 million.

We’re just finishing up the conference call, where Tim Cook, CFO Luca Maestri and other members of the executive team have discussed Apple’s performance, and offered some insight into its future. As usual, we’ve rounded up the to 15 most interesting points for you below. Read More

 

Apple Q4 2014 earnings: 39.3M iPhones, 12.3M iPads, $42.1B revenue

By Cody Lee on Oct 20, 2014

Apple has posted its [fiscal] fourth quarter earnings report this afternoon, announcing that it has sold 39.3 million iPhones and 12.3 million iPads. The numbers are just about as expected, with iPhones coming in a little higher than anticipated, and iPads coming in quite a bit lower.

It’s been a significant quarter for Apple in terms of announcements, as it unveiled two new iPhones, Apple Pay and Apple Watch. It’s worth noting, however, that neither Apple Pay nor Watch were available in September, and the new iPhones were only on sale for the last 10 days. Read More

 

Apple updates iWork with Yosemite support, OS X apps get redesigned

By Cody Lee on Oct 16, 2014

Continuing with its marathon software rollout, Apple has posted updates for its iWork apps on both iOS and Mac. The suite of productivity software now properly supports the just-released OS X Yosemite, along with its major new features like iCloud Drive and Continuity.

Both versions received various improvements, such as customizable alignments and easier file sharing, but the three Mac apps got a lot more love then their iOS counterparts. Pages, Numbers and Keynote for OS X have been redesigned to better match the new Yosemite. Read More

 

Tim Cook kicks off iPad event with usual barrage of stats

By Cody Lee on Oct 16, 2014

The moment we’ve all been waiting for has finally arrived. Apple’s October 16 media event has officially begun, and CEO Tim Cook has taken the stage to talk about what the company has been up to and how it’s been performing over the past few months.

If you’ve ever watched an Apple event before, you’re probably familiar with how this goes. Cook talks sales figures, retail stats, and praises his team on recent accomplishments. As usual, we’ve rounded up some of the more interesting tidbits for you below. Read More

 

Samsung warns of lower Q3 profits due to rising smartphone competition

By Cody Lee on Oct 7, 2014

On Tuesday, Samsung Electronics warned investors that earnings for its third quarter would be lower than market expectations. The company says it anticipates reporting an operating profit of $3.8 billion for the three-month period ending in September—a decline of nearly 60% year-over-year.

Samsung cites a few reasons for the drop off, including heightened competition in the smartphone market. While the tech giant is selling plenty of handsets, higher marketing costs, fewer shipments of high-end phones and lower average selling prices have negatively impacted operating margins. Read More

 

iOS 8 adoption slows, now tied with iOS 7 at 47%

By Cody Lee on Oct 6, 2014

iOS 8 is now installed on 47% of all compatible devices, according to Apple. The company updated its App Store support page for developers tonight, showing that adoption for the latest major version of iOS is now tied with iOS 7, leaving just 6% of devices on older firmware.

This means that iOS 8 adoption has gone up just a single percentage point in the past two weeks, as Apple reported it installed on 46% of devices on September 21. It’s believed that the still-sluggish iOS 8 adoption rate may be due to the number of bugs that have plagued the software. Read More

 

iPhone 6 Plus said to be accounting for 60% of iPhone 6 shipments

By Cody Lee on Oct 3, 2014

Sales of the iPhone 6 Plus are exceeding initial expectations, according to a new report from Digitimes. Citing sources with knowledge of part shipments to Apple manufacturers, the outlet says the 6 Plus is expected to account for 60% of total iPhone 6 shipments.

Apparently, Foxconn has been tasked with handling the bulk of production for the iPhone 6 Plus, and Pegatron has the iPhone 6. Digitimes says that part shipments to both suppliers were similar in early September, but have tipped in Foxconn’s favor as of late. Read More

 

iPhone 6 and iPhone 6 Plus reservations in China reportedly top 4 million

By Cody Lee on Oct 3, 2014

Reservations for the iPhone 6 and 6 Plus in China have already topped 4 million, reports Tencent. The Chinese media outlet says that demand for the two new handsets is strong in the country, with reservations hitting 2 million in just 6 hours, and 4 million in within the first day.

Note, this number does not include official iPhone 6 pre-orders, which haven’t started yet. Apple announced on September 29 that it had picked up the necessary approval to sell its two new smartphones in China, and told customers that pre-orders would begin Tuesday, October 14. Read More

 

Apple updates Pages and iMovie for iOS 8 [updated]

By Cody Lee on Sep 17, 2014

Following its release of iOS 8 this morning, Apple has begun updating its mobile apps to support the firmware. It looks like Numbers and iMovie were first on the list, with both apps showing up in the App Store’s Updates tab today touting iOS 8 compatibility.

The change log for Numbers is fairly brief, mentioning only support for iOS 8, iCloud Drive compatibility, and stability improvements and bug fixes. iMovie’s update, however, is a bit more extensive, bringing about new features like slow motion and video filters.

Update: it looks like Apple has also pushed out iOS 8 updates for Pages and Keynote as well.

Update 2: iMovie was experiencing issue so Apple apparently pulled it from the App Store. It should be fixed and come back quickly.

Update 3: as expected, Apple resolved the issue quickly and iMovie is once again available in the App Store.

Read More

 

Apple: new U2 album accessed by 33 million users thus far

By Cody Lee on Sep 15, 2014

Apple issued a statement this afternoon from Senior Vice President Eddy Cue regarding its new U2 album promotion. Cue says that over 33 million iTunes account holders have accessed “Songs of Innocence” since the promo launched last week.

Mr. Cue called the number “record-breaking,” but didn’t elaborate. He did, however, note that the figure includes customers who downloaded the album from their iCloud account, streamed it, or listened to it in iTunes Radio’s First Play channel. Read More

 

iLife and iWork apps to come pre-installed on 64/128GB iPhone 6/Plus

By Christian Zibreg on Sep 15, 2014

Customers who’ve purchased a 64 or 128-gigabyte edition of either the iPhone 6 or iPhone 6 Plus won’t need to download Apple’s iLife and iWork productivity suite when the handset hits store shelves this Friday as the apps will come pre-loaded on their device, according to an internal Apple Retail training document obtained by Dan DeSilva of 9to5Mac.

Apple since last September started providing Pages, Keynote, Numbers, iMovie, GarageBand and iTunes U apps as free downloads to every new iOS device owner. Read More

 

Apple releases diversity report: 55% of US employees are white, 70% male

By Cody Lee on Aug 12, 2014

As promised, Apple has released a report on the diversity of its workforce today. The iPad maker is the latest tech firm to post such data in response to the growing debate on whether or not women and minorities are underrepresented in Silicon Valley.

Accompanying Apple’s report is a letter from Tim Cook, who says he’s not happy with the numbers, but says the company is making progress. Of its employees here in the US, 55% are white, and around the world, 7 out of every 10 of its employees are male… Read More

 

Big increase in Apple spending suggests major new products incoming

By Cody Lee on Jul 25, 2014

For those of you still skeptical that Apple is gearing up for a blockbuster fall, check out this report from Morgan Stanley’s Katy Huberty. The analyst dug through its just-released 10-Q filing, and she says it reveals a lot about its upcoming plans.

Huberty explains that the company’s significant increase in spending all-but-confirms that we’ll see some major new products this year. In fact, its quarter-over-quarter increase is the largest we’ve seen since it introduced the first iPhone in 2007… Read More

 

iTunes software and services fastest growing part of Apple’s business this year

By Cody Lee on Jul 22, 2014

During Apple’s Q3 earnings call this afternoon, Tim Cook praised the success of its iTunes software and services arm. The CEO said the division was the fastest-growing of the company’s business in the first 9 months of its fiscal year 2014.

The segment generated $4.5 billion in revenue during the 3-month period, an increase of 12% YoY (or year over year). And Cook attributed the growth to a number of factors, including growing interest in China and strong App Store numbers… Read More

 

Apple says iOS 7 is now installed on 90% of compatible devices

By Cody Lee on Jul 15, 2014

Apple has updated its App Store support page for developers this week to reflect new information regarding iOS 7 adoption. According to the company’s usage data, the latest versions of its OS are running on 90% of iOS devices accessing the App Store.

That’s just a small jump from Apple’s report a few months ago, where it claimed iOS 7 adoption had reached 87% of compatible devices. But it’s still impressive given what the adoption rate looks like for competitors, and how hard it is to move the needle… Read More

 

Samsung blames sluggish tablet sales, increased competition for Q2 earnings miss

By Cody Lee on Jul 8, 2014

Samsung today issued its earnings guidance for the second quarter of 2014, and in somewhat of an odd move, it attached a note to the document explaining why it will fall short of estimates. The company expects to see its profits drop for the third consecutive quarter.

The note details a number of factors, including the improving strength of the Korean won making exports more expensive, and exceedingly sluggish tablet sales. It also explains that it is running into greater competition in China from low-end device makers like Xiaomi… Read More

 

iPhone captures 42% market share in the United States for May

By Joe Rossignol on Jul 3, 2014

The latest numbers reveal that the iPhone remains the most popular smartphone in the United States, with 41.9% market share for a three-month period ending May 2014. Samsung was the second most popular smartphone maker with a 27.8% share, attributed to its Galaxy-branded devices. LG (6.5%), Motorola (6.3%) and HTC (5.1%) round off the top five.

While the iPhone was the most popular smartphone, Android held a commanding 52.1% share among mobile platforms. iOS followed not too far behind at 41.9%, while Windows Phone (3.4%), BlackBerry (2.3%) and Symbian (0.1%) all trailed by quite a distance. Android also had 52.1% market share for the three-month period ending February, while iOS gained 0.6 percentage points…  Read More

 

Apple updates iWork for iCloud with new features

By Christian Zibreg on Jun 24, 2014

In keeping true to its promise of bringing back most of the missing features pulled from its iWork for iCloud web apps following a major rethinking of the productivity suite, Apple on Tuesday rolled out another refresh to web-based Pages, Keynote and Numbers apps.

Features enabled across all three web productivity apps include tips on how to cut, copy and paste using keyboard shortcuts, the ability to right-click to mask images and suggestions for your most recent screen name when opening a shared document.

Jump past the fold for per-app specifics… Read More

 

Amazon talks about importance of trust and more at Fire Phone event

By Joe Rossignol on Jun 18, 2014

Amazon chief executive Jeff Bezos was on stage in Seattle at its Fire Phone media event this afternoon, revealing some interesting facts worth sharing. First and foremost, over 60,000 people applied to come to the event, and only 300 were granted the luxury of attending. He dropped a few more anecdotes, which we’ve covered ahead…  Read More

 

Hit game ‘Temple Run’ crosses one billion downloads

By Cody Lee on Jun 6, 2014

Raleigh, North Carolina-based gaming company Imangi Studios announced this week that its hit game Temple Run has crossed one billion downloads. The total is the combination of both the first and second releases of the endless runner.

Imangi notes in the press release that players have collectively spent over 216,018 years playing its Temple Run titles, which are available on iOS, Android and Windows Phone. They’ve also played 32 billion games, and run 50 trillion meters… Read More

 
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