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.
Apple on Thursday updated its Developer App Store Support page to show that the iOS 10 adoption rate is now at 76%. This means that 76% of all active devices are now running iOS 10.0 or higher, a nice jump since late November when the adoption rate was at 63%.
Also worth noting is that 18% of current active devices are running iOS 9, and just 6% of devices are on iOS 8 or lower. That's a drop for both numbers since the last report, which showed 29% of devices running on iOS 9 and some 8% running on an earlier version of iOS.
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.
Apple on Thursday announced that the App Store broke records on the first of January. The company says New Year's Day was the Store's single busiest day ever with nearly $240 million in revenue.
The day put a nice cap on a record-breaking holiday season and year. Apple says App Store purchases topped $3 billion in December alone, and developers were paid more than $20 billion in 2016.
Among the many things being unveiled at CES 2017, accessory maker Incipio has just unveiled a new case for both the iPhone 7 and iPhone 7 Plus called OX that has a built-in 3.5mm headphone jack in addition to a Lightning port.
The case intends to do away with the convoluted process of charging your device and listening to music at the same time even when you don’t have a pair of expensive wireless headphones to solve this problem for you.
Apple is planning to announce its earnings results for Q1 of [fiscal] 2017 on January 31. The company on Wednesday updated its investor website to show that it will be hosting a conference call to discuss the quarter that Tuesday at 2:00pm PT.
Apple's first quarter is of course its holiday quarter, which covers the popular 3-month holiday shopping period between October and December. And as usual, all eyes will be on the company to see if it was able to solve its recent growth problems.
Apple removed news apps created by The New York Times from the App Store in China late last month. The Times itself says that it spoke with the iPhone-maker, and it was told that the removal was in response to a request from Chinese authorities.
The Chinese government began blocking NYT websites in 2012, following a series of articles on the wealth amassed by the family of then-prime minister Wen Jiabao. This latest move limits access to one of its few remaining channels in the country.
Rumored Apple partner Energous says its truly wireless charging tech is nearly market-ready. In a phone call ahead of CES, the company's CEO Steve Rizzone told The Verge their wireless charging transmitters, capable charging devices wirelessly from several feet away, will begin shipping by the end of 2017.
As you may recall, the company made a similar claim at CES 2015, but Rizzone says their plans changed after it signed a "key strategic partnership" following the convention. The deal saw Energous refocus its efforts on miniaturizing the tech, and gave its partner the right to be the first to ship it in its products.
Twelve South has removed the veil from the all-new ActionSleeve accessory for Apple Watch, which is an armband accessory tailored specifically for the active lifestyle. It's made to work with all sizes of arms and works with both the 38mm and 42mm variants of the smart watch.
ActionSleeve is intended to provide those who participate in more rigorous sporting activities a more secure way to wear the Apple Watch when the stock wrist location isn’t ideal, and it does so in a complementary way without sacrificing any of the Apple Watch's functionality.
Apple is investing in SoftBank Group's new technology fund, reports The Wall Street Journal. The company confirmed its plans with the outlet to invest $1 billion in the SoftBank Vision Fund to help finance new technologies that it could use in the future.
“We believe their new fund will speed the development of technologies which may be strategically important to Apple,” Apple spokeswoman Kristin Huguet told The Journal. She also noted that Apple has been working with SoftBank for several years.
Apple has shared a new video on its YouTube channel entitled 'Best of 2016.' As the name implies, the 53-second clip is a recap of some of Apple's favorite music, apps, movies and games from last year.
Set to an upbeat soundtrack, the video features several picks from Apple's Best of iTunes lists it released last month. including Drake's song Hotline Bling, the movie Deadpool and the photo app Prisma.
Apple plans to introduce a next-generation Apple Watch in the third quarter of this year, reports Economic Daily News. Citing market watchers, the Chinese outlet says the new wearable will feature better performance and longer battery life.
The Watch is expected to be manufactured by Quanta Computer, who was responsible for building the first and second-gen models, and their focus will be improving the battery. The hardware will not likely see much change, the report added.