Apple just released its Q1 2016 earnings, reporting “record” results of $75.9 billion in revenue and $18.4 billion in profit. In addition to its normal data, however, Apple has shared a new figure relating to the number of active devices it has in the wild. Apple says that it now has an active installed base of 1 billion devices, including iPhone, iPad, Mac, iPod touch, Apple TV, and Apple Watch. Apple says it gathered this data by tracking the devices that have been engaged with its services within the last 90 days.
According to a report out of Bloomberg, notorious patent troll VirnetX is seeking $532 million from Apple, claiming that Apple has taken its intellectual property without permission. VirnetX holds a variety of patents relating to technology used in creating Virtual Private Networks, or VPNs. The company claims that Apple’s own VPN technology, as well as its FaceTime and iMessage services, all infringe on its patents.
Earlier this evening, the Oracle vs. Google lawsuit revealed Android’s revenues and profits for the first time. The same case has now revealed that Google paid Apple $1 billion in 2014 as part of its ongoing deal to be the main search provider—as in the one that resides in the search bar by default—on iOS devices.
According to the Financial Times, Apple has passed 10 million paying subscribers for Apple Music. Apple Music launched in June 2015 with a three month free trial. Since the launch, Apple announced it has 6.5 million paying subscribers in October. In November, Apple launched Apple Music on Android which no doubt attracted a significant chunk of additional new users.
Crossing ten million is a significant symbolic milestone, as it now means Apple Music is half as large as Spotify’s paid userbase.
November 19, 2015
Consumer Intelligence Research Partners (CIRP) is out with a new report today claiming Apple is now at over 100 million iPhones in use in the US. That means Apple has crossed 100 million active iPhone units since CIRP reported 97 million iPhones in use back in August, according to the research firm’s data. expand full story
November 16, 2015
November 9, 2015
If you’ve ever been browsing Pinterest and spotted a lamp you really like in a shot of someone’s living room, or a bag you love in a street shot, the iOS app now has a tool designed to help. Just tap the search tool in the corner of the photo, highlight the object of interest and the app will search its product database to try to identify it … expand full story
November 4, 2015
The tech company is currently seeking an agreement with the city that would allow it to develop the massive lot for a new campus, though actually getting such an agreement would not necessarily guarantee that Apple would begin construction.
November 3, 2015
More than a year ago, Apple’s sapphire supplier GT Advanced Tech announced that it was filing for bankruptcy under Chapter 11, with the company parting ways with Apple as part of the restructuring. Despite the parting being amicable, GT still was in debt $439 million. Today, however, The Wall Street Journal reports that GT and Apple have come to an agreement on how to pay off that debt.
November 2, 2015
Activision Blizzard has agreed to acquire the company behind the popular Candy Crush Saga and Farm Hero games, King Digital Entertainment, for $5.9 billion in cash. King Digital’s games consist of a community of more than 340 million unique users. Activision, of course, is the company behind hit console games like the Call of Duty series.
October 29, 2015
With the new Apple TV shipping to customers and expected to hit stores tomorrow, Eddy Cue, the head of Apple’s Internet services, is talking up the latest set-top box in a new interview with CNN Money.
In the demo, Cue relates the new Siri Remote’s touchpad to using multitouch on iPhones and iPads. This allows tvOS, the software running on the new Apple TV, to become a platform for what Cue calls an “app ecosystem” as we’ve seen explode on iOS. Cue says Apple believes the same explosion will take place on television next.
Asked about Steve Jobs’ description of Apple TV as a hobby years ago, Cue said the product category has “absolutely” graduated past that label with over 20 million prior-generations boxes sold even before the new model hits stores. Tim Cook offered a slightly higher number in January — over 25 million sold — so Cue is likely ballparking it but setting the stage for 4th-gen Apple TV sales.
October 28, 2015
Despite analyst fears that Apple couldn’t match last year’s record holiday quarter sales of $74.6B, the guidance issued by the company indicates that it expects to do so. Analysts had been concerned that last year’s record sales had been driven by pent-up demand for larger-screened iPhones, demand that has now been satisfied.
Apple, however, disagrees. The company yesterday issued guidance of $75.5B to $77.5B revenue, which would be a new record. It also said that it expects to maintain its high profit margins into the final quarter of the calendar year (Q1 of Apple’s fiscal year) … expand full story
October 27, 2015
October 14, 2015
October 1, 2015
Update: T-Mobile has reached out and clarified that the breach affects current and former customers who went through a credit check. Anyone who did not go through a credit check is unaffected.
T-Mobile has confirmed this evening that as many as 15 million of its customers have been affected by a data breach. As the company is quick to point out, however, the breach did not occur on its servers, but rather its credit partner’s, Experian.
September 28, 2015
Following two weeks of preorders and the public launch on Friday, Apple today announced it has sold over 13 million iPhone 6s and iPhone 6s Plus in the first three days of availability.
The company had previously stated it was on pace to beat last year’s 10 million unit sales record and has cleanly done so, topping its previous record by 3 million units. Apple iPhone 6s and iPhone 6s Plus will be available in an additional 40 countries beginning October 9th. It is worth noting, however, that China was not part of the initial rollout for iPhone 6, distorting the comparison somewhat.
Tim Cook, Apple CEO, says iPhone 6s sales are ‘phenomenal’ …
September 22, 2015