Apple on Tuesday held its annual shareholder meeting at its Cupertino headquarters. The gathering is standard affair—company executives and board members meet with stockholders to discuss a wide range of topics, including performance and proposals.
The most interesting part of today’s meeting, however, was Tim Cook’s informal Q&A session. The casual section allows attending shareholders to offer up their questions and comments to the CEO and other members of the company’s senior leadership team.
iPhone owners in the United States spent an average of $40 on apps last year, reports analytics firm Sensor Tower. That number includes both premium and in-app purchases, and it represents a $5 increase from 2015.
Unsurprisingly, most of that money is going to games. Sensor Tower says more than 80% of US App Store revenue in 2016 came from games, and it shows on the device level—users spent an average of $27 on games.
Facebook is in talks with Major League Baseball to live stream games this season, reports Reuters. The deal would include at least one game per week, which could be accessed for free by users logged into the platform.
The move comes just a week after Facebook announced plans for a video-focused Apple TV app, as part of the social network’s efforts to push further into original programming—a strategy shared by several tech firms.
AT&T on Thursday announced that it is expanding its unlimited data plan offering to all customers. Starting tomorrow, all customers will be able to get unlimited talk, text and data on 4 lines for $180.
The move follows a similar one by the carrier’s close competitor Verizon, who announced its own unlimited data plan earlier this week, and comes amidst strong pressure from both T-Mobile and Sprint.
Apple is planning to launch a special 10th-anniversay iPhone this year that will likely cost more than $1,000, reports Fast Company. Citing sources with knowledge of Apple’s plans, the site says an OLED display and other new features will push the handset’s price tag higher than ever before.
As has been previously rumored, the source says the new display will measure 5.8-inches diagonally and stretch across the entire front of the phone, framed by forged stainless steel sides. Apple has been working to get rid of the physical Home button, and the side buttons may also go all digital.
Former CEO and co-founder of Dropcam Greg Duffy has joined Apple, reports The Information. A company spokesman has confirmed the high profile hiring to the outlet, but would not comment on what his role would be in Cupertino.
Apple is planning updates for its MacBook and MacBook Pro lines later this year, according to a research note from KGI Securities’ Ming-Chi Kuo. The noted analyst says the new notebooks will feature Intel’s next-generation Kaby Lake processors and updated RAM options.
Kuo says the refreshed 12-inch MacBook models will enter mass production as early as March, and may offer a new 16GB RAM option (currently capped off at 8GB). As for the 13-inch and 15-inch MacBook Pro models, he doesn’t see production starting until early third quarter.
Following Apple’s software fix, Consumer Reports has updated its review of the new MacBook Pro, stating that it now recommends the laptop. The publication says the fix corrects the erratic battery behavior it saw during its initial testing, and all MacBook Pro models now fall “well within the recommended range” in its ratings.
Tim Cook and other executives received less revenue in 2016, as Apple failed to hit its revenue and profit goals for the year. The Wall Street Journal points to a regulatory filing, which says the miss kept the leaders from hitting some cash incentives.
Apple said its annual sales were $215.6B, 3.7% below its target of $223.6B, and its operating income of $60B was 0.5% short of their $60.3B target. As a result, Cook received $8.75 million in 2016 compensation, down from $10.3 million in 2015.
The next iPhone may feature Tap to Wake, fast charging and other new features, reports Forbes. The outlet spoke to noted tipster Sonny Dickson, who laid out what he expects from Apple’s next handset.
First Dickson says the new iPhone will include a “Tristar 3, Hydra” chip, which manages the charging port and supports fast charging. He doesn’t offer up any additional details, though, and notes that just because it supports the tech, doesn’t mean Apple will utilize it.