By Cody Lee on Jul 21, 2014
Apple is gearing up for its largest initial production run of iPhones ever, according to a new report this afternoon from The Wall Street Journal. The Cupertino company is betting big on its larger-screened handsets, which it believes will garner record sales.
Citing sources “familiar with the matter,” the outlet says that Apple has asked suppliers to manufacture somewhere between 70 million and 80 million units combined of two larger display iPhones, one 4.7-inch model and one 5.5-inch, by the end of December… Read More
By Christian Zibreg on Jul 10, 2014
It’s been long rumored that Apple for years has been working with Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest independent chip foundry, on building its in-house designed processors that power the iPhone, iPod touch, iPad and Apple TV devices.
Thus far, several conflicting reports have indicated that TSMC has been running test production of the upcoming A8 processor for months now, with other sources insisting that the Taiwanese chip foundry was unsuccessful kickstarting mass-production over ongoing yield issues.
A report Thursday by The Wall Street Journal has it on good authority that TSMC finally began shipping its first batch of microprocessors to Apple in the second quarter… Read More
By Christian Zibreg on Jul 7, 2014
Tim Cook’s recasting of Apple is in full bloom as the CEO pushes executives to be more collaborative while broadening the firm’s legendary laser focus, as per a new report by The Wall Street Journal. The story also mentions that Cook is very much looking to add new directors to Apple’s eight-person board.
That’s hardly a surprise given that six board members are aged 63 or older. It’s also worth mentioning that Cook has inherited the board from Apple’s late co-founder Steve Jobs so these people may not be necessarily 100 percent loyal to Cook in the long run.
Moreover, people familiar with the Apple’s plans told WSJ that the firm will introduce its rumored iWatch with “advanced sensors to track a user’s fitness and health” alongside new iPhones in the Fall, matching up with previous reports… Read More
By Cody Lee on Jun 20, 2014
Hot on the heels of a report from Reuters yesterday regarding the iWatch, The Wall Street Journal has published a scoop of its own on Apple’s oft-rumored smartwatch. The outlet agrees with some previous speculation, and offers up some new details on the device.
Citing sources familiar with the project, the site says Apple is planning multiple versions of its smartwatch. It’s working on different designs, and sizes, in an effort to appeal to various tastes in fashion. It also adds that the watch will feature more than 10 built-in sensors… Read More
By Cody Lee on Jun 7, 2014
The Wall Street Journal has written a profile on Beats co-founder Dr. Dre titled “Apple’s New Beat: What Steve Jobs and Dr. Dre have in Common.” That headline may sound blasphemous to die-hard Apple fans, but the comparisons they draw are interesting.
Though Jimmy Iovine has done most of the talking since Apple acquired his Beats Electronics last month, Dr. Dre played an equally important role in the company’s success. He’s a workaholic and a perfectionist, with a disdain for deadlines and marketing research… Read More
By Christian Zibreg on May 29, 2014
According to a breakdown of Apple’s $3 billion Beats buy published Thursday by The Wall Street Journal, the company basically paid less than $500 million for the Beats Music subscription service and about $2.5 billion for Beats Electronics LCC, which makes the popular Beats headphones, speakers and audio software (which some dismiss as a software equalizer that boosts the bass).
The report alleges that the acquisition – the most expensive in Apple’s history – gives the Cupertino firm Beats’ brand power and star leadership. The story downplays the importance of the generic Beats Music streaming service to the overall deal…
By Cody Lee on May 9, 2014
The disruptor has become the disrupted. Apple, the company that turned the music industry upside down with the launch of the iTunes Store in 2003, saw digital download sales drop for the first time ever last year. Why? Streaming music services.
The folks out in Cupertino failed to see the rise of the Rdios and the Spotifys, and thus have been forced to play catch-up. And according to a new report from The Wall Street Journal, that’s exactly what this rumored Apple-Beats acquisition is all about… Read More
By Christian Zibreg on Apr 24, 2014
Following Apple’s earnings release yesterday, Tim Cook expectedly teased new products on a conference call with Wall Street analysts and investors. Hints of new gadgets were also dropped in Apple’s media release announcing the earnings.
“We’re eagerly looking forward to introducing more new products and services that only Apple could bring to market,” Cook was quoted as saying in Apple’s press release.
And now responding to pressure from analysts who demand new-category devices, Cook sat down with The Wall Street Journal on Thursday to reflect on Apple’s development process, touch on such subjects as mobile payments and explain why Apple isn’t rushing out new stuff to market just to please investors… Read More
By Jake Smith on Apr 21, 2014
Competition between Apple and Google not only covers smartphones and mobile operating systems, but the App Store and Google Play app marketplaces, as well. The Wall Street Journal reported on Sunday the two companies have been working to sway game developers over to their own platforms exclusively with special incentives.
Having an exclusive game title on an app marketplace could help smartphone users feel as if they’re on the best platform, a task Apple and Google have been working hard at since 2008. Both companies have reportedly offered game developers premium placement on the App Store and Google Play, for exclusivity in return. Read More
By Jake Smith on Apr 21, 2014
Mobile payments startup Square is looking to sell its business, following growing losses and shrinking cash reserves, according to the Wall Street Journal.
Square, founded by Twitter’s Jack Dorsey in 2009, makes software, hardware products, and services, including Square Register and Square Wallet, for customers to pay merchants in an easier way.
Square has discussed an acquisition with Google in 2014, according to the report, with prior talks dating back to 2012. Additionally, Apple is said to have held informal talks with Square about a deal, interesting given the mobile payment rumors that have been circulating the Cupertino-based company. Read More
By Jake Smith on Apr 17, 2014
The Morgan Stanley Research group in Europe believes Apple has all the ingredients to cook up a proprietary mobile payment system, and makes a case for why the Cupertino-based company may launch it soon.
Primarily, Apple in a way is already the “de facto, in the mobile payment space,” given it has 400 million credit cards on file through its iTunes Store.
One Morgan Stanley executive makes a strong case, based on public information and not insider Apple information, on why it sounds likely:
By Jake Smith on Apr 14, 2014
Get ready to pay for items using Facebook, as the social network is said to be planning a payments service that could launch before the rumored iWallet from Apple.
Facebook hasn’t officially confirmed the service, but it’s working to receive regulatory approval for it in Ireland, according to a report from the Financial Times. The service is said to allow users to store money and make electronic payments through the social network. Essentially, it will put Facebook in competition with Google Wallet, PayPal, Isis, Square, and soon Apple, if the rumors are true… Read More
By Cody Lee on Apr 12, 2014
The Wall Street Journal added its weight to speculation that Amazon is preparing to launch a smartphone. The outlet reported late yesterday that the e-commerce giant has been showing off prototypes of the handset to developers, and it plans to take it public later this year.
What’s really interesting about the device is that The Journal says its screen is capable of displaying three-dimensional images without the need for special glasses. And it accomplishes this by using retina-tracking technology that’s embedded into four front-facing cameras… Read More
By Christian Zibreg on Mar 24, 2014
Apple’s $99 media-steaming box last year raked in more than a cool $1 billion in combined hardware and related content sales, prompting CEO Tim Cook to argue during Apple’s annual shareholders meeting that “it’s a little more difficult to call the Apple TV a hobby these days.”
The company is reportedly updating the Apple TV hardware sooner than later with refreshed internals, allegedly adding gaming functionality via an Apple TV App Store for downloadable games and a built-in TV tuner to control your existing cable boxes and TV stations.
On the other hand, Apple thus far has been unable to obtain content rights for an a-la-carte TV service due to licensing negotiations and other issues. A report by The Wall Street Journal last night now claims that Apple is negotiating with Comcast using its infrastructure for optimal delivery of a streaming service for the next-gen Apple TV… Read More
By Cody Lee on Mar 18, 2014
Building on previous reports, the Wall Street Journal is reporting that Amazon is set to begin shipping its long-awaited video-streaming device next month. The device will thrust the e-commerce giant into a highly competitive space occupied by Apple, Google and others.
Citing sources familiar with the product, the outlet claims that the device will carry a variety of apps available on Roku and Apple set-top boxes and run on a version of Google’s Android software. And like Amazon’s other hardware devices, it will likely carry the Fire brand… Read More
By Christian Zibreg on Mar 3, 2014
Unlike the specs-obsessed technology industry which has always been dependent on frequent product refreshes, Apple continues to traditionally update its iPhone annually. Now, some industry peers – such as Sony – warned that the company may be “missing out” by not updating the iPhone twice per year.
Playing on this sentiment, The Wall Street Journal is reporting that Apple is now adding “hundreds of new engineers” and supply-chain managers in China and Taiwan. The company is hiring away these people from various tech firms, including rival HTC, reportedly in order to speed up product development and launch a wider range of devices… Read More
By Christian Zibreg on Feb 24, 2014
After Sarah Perez and Darrell Etherington over at TechCrunch ran a story last night detailing some of the aspects of Google’s rumored smartwatch project, The Wall Street Journal and CNET on Monday reported that the device will probably be manufactured by LG Electronics. Google should detail its operating system in March and release a software development kit for third-party developers in June.
Apple is of course, rumored to be hard at work on its own wearable device, dubbed by the press the iWatch. A number of medical expert hires indicate that Apple’s device may also include health-sensing capability such as tracking blood glucose and hydration levels, although not as advanced as previously speculated… Read More
By Christian Zibreg on Feb 7, 2014
Following notable excerpts from Daisuke Wakabayashi’s interview with Tim Cook in The Wall Street Journal, the financial newspaper has now posted the whole thing on its Digits blog.
The full interview gives us a more detailed insight into the mindset of Tim Cook’s Apple as the CEO discusses recent topics of interest, including Lenovo’s $2.9 billion purchase of Google’s Motorola Mobility unit and additional information regarding Apple’s share buyback program.
He also took time to touch upon the ongoing discussion concerning supposedly bigger iPhones in the pipeline, the current products not yet hitting the ceiling and lots more. I’ve included the best quotes and tidbits for your reading pleasure after the break… Read More
By Cody Lee on Feb 7, 2014
Apple reported the financial results for its holiday quarter late last month, and for the most part they killed it—the company set records for revenue, iPhone sales, and iPad sales during the 3-month period. But all Wall Street saw was declining growth.
The Cupertino tech giant’s stock dropped 8% that day in after-hours trading, falling from $550 per share to $500, and it has yet to rebound. But Tim Cook says Apple’s taking advantage of the unexpected price drop by going on a major buyback spree… Read More
By Cody Lee on Feb 7, 2014
“There will be new categories,” Tim Cook told The Wall Street Journal in an interview regarding Apple’s recent buyback of more than $14 billion in stock. “We’re not ready to talk about it, but we’re working on some really great stuff.”
Now, Cook has alluded to Apple getting into new product categories before. But speaking with the Journal, the CEO seems more intent than ever on convincing worried investors that his company has some major things in the pipeline… Read More