“iPad has a great future,” said Cook: long-term more important than “90-day clicks”

ipad

While yesterday’s iPad numbers don’t look great – down 12.5% year-on-year, the third successive quarter in which sales have fallen – Tim Cook remains upbeat about the product, stating that it “has a great future” and that its long-term prospects are more important than “individual 90-day clicks.”

Quartz‘s Dan Frommer pulled together some of the things Cook has to say about the device, and while you’d clearly expect Apple’s CEO to put the best possible spin on things, he makes some reasonable arguments …  Read more

Realmac debuts RapidWeaver 6 with all-new design and features, drops Mac App Store version for now

1

Realmac Software’s popular website development tool RapidWeaver has been updated to version 6 today. The upgrade introduces many new features and enhancements to the app, including a completely redesigned interface for OS X Yosemite. The new update also adds improved publishing that’s much faster than the previous version and a new addon manager for keeping track of your installed plugins.

Five new responsive themes have been added to support a wide variety of screen sizes, and site previews can take advantage of this feature to show you exactly how your site will appear on a desktop browser or an iOS device. The previews can also be resized to any custom dimensions to fit your target display size.

Newly-added support for site-wide HTML/CSS/JavaScript allows you to write a code snippet once and apply it to your entire site. Markdown can also be used to format pages with a new template.

Read more

AAPL out-performs most bullish analyst predictions with its record numbers

tim-cook1

Apple not only announced record profits for Q4 results and smashed through its own revenue guidance, but out-performed even the most bullish of analyst estimates with earnings of $42.123B. The highest analyst estimate in yesterday’s Fortune roundup was for $41.8B.

The consensus analyst expectation for earnings per share was $1.32, against the actual 20% climb to $1.42, aided by Apple’s stock buyback program, which now totals $68B of the $90B target announced by Apple …  Read more

Both MLB stadiums will accept Apple Pay at concession stands for 2014 World Series

apple-pay

Forbes reports today that during the 2014 World Series (which starts tomorrow) two MLB stadiums will be accepting Apple Pay at concessions stands. Kansas City’s Kauffman Stadium and San Francisco’s AT&T Park will be the first professional sports stadiums to accept Apple’s new payment process.

MLB hasn’t clarified when the rest of the league’s stadiums will begin accepting Apple Pay. The hardware has apparently only been installed at the World Series stadiums so far.

There are also plans to implement Apple Pay in the MLB At the Ballpark app to allow users to purchase tickets using Touch ID in a future update, though there’s no timeline for when that feature will be available just yet.

Read more

Tim Cook praises Apple’s growth and new products in letter to employees

130521141911-tim-cook-hero-tax-code-614xa

Following today’s release of Apple’s quarterly earnings report, Tim Cook has sent a letter to employees praising the company’s growth and the dedication of Apple employees to the development of new iPhones, iPads, and Retina iMac. Cook calls the iPhone 6 and 6 Plus launch the “most successful” in the history of the device.

Cook also talks about the Apple Pay launch and reiterates the points made during today’s earnings call, saying that the purpose of introducing a payment system was to ensure that customers have a “simple, secure and private way to pay.” He also commends the software development teams on the consistent cross-platform experience introduced in iOS 8 and OS X Yosemite.

Cook closes by saying that he will be traveling to Beijing to talk to employees in a meeting that will be recorded and posted the company’s internal website. Employees from across Apple will be able to submit questions beforehand to be asked during the Q&A session.

You can read the full letter below:

Read more

Apple Pay Day: Experiences with Apple’s new payment service mostly positive

Apple Pay iOS 8.1

Apple Pay, which was unveiled to the world at the launch of the iPhone 6 and 6 Plus, has officially launched in the U.S. today alongside iOS 8.1. Experiences with the service on its first day have been mixed, and notably, Eddy Cue this morning to acknowledged that in saying that Apple still has “a lot of work to do.” Some banks are requiring verification processes which are taking time, and some widespread credit card companies, like Discover, aren’t yet supported at all. But some experiences with Apple Pay have been seamless and it seems that, so far, the service is working as expected despite its slow roll-out. Read more

Live blog: Apple’s Q4 2014 earnings call

aapl

As we mentioned last month, Apple is scheduled to host its quarterly conference call today to discuss its earnings report from the fourth quarter of its fiscal year: this includes 39 million iPhones, 12.3 million iPads, 2.6 million iPods, and 5.5 million Macs. Apple already reported today that it earned $42.1 billion in revenue during its Q4 period.

This will quarterly conference call with analysts and investors will include the opening weekend of iPhone 6 and iPhone 6 Plus sales which included a record 10 million sales including 4 million units sold during the first 24 hours of pre-orders. It will also be the first call since Apple previewed the Apple Watch to the public, shipped iOS 8 and OS X Yosemite, and introduced new iPads and a Retina 5K iMac, although sales for those devices are not included in the previous quarter. Apple CEO Tim Cook and Apple CFO Luca Maestri will also likely mention Apple Pay, the company’s mobile payment service which launched for iPhone 6 and iPhone 6 Plus users earlier today.

Investors and analysts will have an opportunity to ask Tim Cook and company questions during the earnings call and we’ll be listening to bring you coverage starting at 5pm EST/ 2pm PST. Read more

Apple announces Q4 2014 revenue of $42.1b: 39m iPhones, 12.3m iPads, 5.5m Macs

Q4

Apple today announced its Q4 2014 earnings results reporting that the company earned $42.1 billion in revenue and $8.5 billion in profit during the quarter.

“Apple® today announced financial results for its fiscal 2014 fourth quarter ended September 27, 2014. The Company posted quarterly revenue of $42.1 billion and quarterly net profit of $8.5 billion, or $1.42 per diluted share. These results compare to revenue of $37.5 billion and net profit of $7.5 billion, or $1.18 per diluted share, in the year-ago quarter. Gross margin was 38 percent compared to 37 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter’s revenue.”

In addition to reporting its earnings, Apple has disclosed sales numbers for its main revenue generators. The company sold:

  • iPhone: 39.272 million, up 16.2%
  • iPad: 12.316 million, down 12.5%
  • Mac: 5.52 million, up 20.7%
  • iPod: 2.62 million, down 25.1%
  • iTunes: $4.208 billion, up 8.2%
  • Accessories: $1.486 billion, up 12.7%

Totals:

  • Revenue: $42.123 billion, up 12.4%
  • EPS: $1.42 per share, up 20.3%

Apple CEO Tim Cook had the following to say regarding the results:

“Our fiscal 2014 was one for the record books, including the biggest iPhone launch ever with iPhone 6 and iPhone 6 Plus,” said Tim Cook, Apple’s CEO. “With amazing innovations in our new iPhones, iPads and Macs, as well as iOS 8 and OS X Yosemite, we are heading into the holidays with Apple’s strongest product lineup ever. We are also incredibly excited about Apple Watch and other great products and services in the pipeline for 2015.”

Apple CFO Luca Maestri added this:

“Our strong business performance drove EPS growth of 20 percent and a record $13.3 billion in cash flow from operations in the September quarter,” said Luca Maestri, Apple’s CFO. “We continued to execute aggressively against our capital return program, spending over $20 billion in the quarter and bringing cumulative returns to $94 billion.”

Apple’s stock price, which closed at %99.76 (up 2.14% today following the launch of Apple Pay) is up during after-hours trading as well crossing the $100 mark at certain points.

During Apple’s fourth quarter, the company shipped the iPhone 6 and iPhone 6 Plus to customers and closed on its deal to acquire Beats Electronics and Beats Music. During the previous earnings call with investors and analysts, Apple CFO Luca Maestri shared that the company will begin separately reporting earnings from Beats in 2015.

These numbers compare to last quarter’s results of $37.4 billion in revenue and sales of 35.2 million iPhones, 13.2 million iPads, and 4.4 million Macs. You can also compare today’s numbers to analyst expectations from before the announcement. Apple is holding a conference call today at 2 PM Pacific/5 PM Eastern time to discuss the quarter’s earnings, which we will be covering live. Cook and Maestri will likely share prepared remarks and then take a series of questions at the end from financial analysts.

For Q1 2015 Apple is providing guidance between $63.5 billion and $66.5 billion. The full Q4 earnings results release is below:

Read more

How to set up Apple Pay (Video)

apple-pay

Apple has released iOS 8.1 and with that, we have Apple Pay support. This is Apple’s new mobile payment platform that takes advantage of the NFC capabilities of iPhone 6 and iPhone 6 Plus. This will allow you to make purchases in stores that support Apple Pay using supported cards from a growing list of banks. Setting up Apple Pay is very simple and we’ve put together a quick tutorial to walk you through the process…

Read more

Apple to require iOS apps and updates to use iOS 8 SDK and include 64-bit support from February 2015

Screen Shot 2014-10-20 at 20.13.46

Apple has today notified developers about some upcoming rules regarding App Store submission, via its developer news portal. From 1st February 2015, newly-submitted apps and updates must be built against Apple’s iOS 8 SDK. This is not particularly surprising: Apple required similar adoption of the iOS 7 SDK last year.

In addition however, Apple will also require that all apps and updates include 64-bit support from that date too. Currently, developers can choose whether to submit only 32-bit apps or universal binaries. This will no longer be an option from February. Moving all apps to 64-bit will bring big performance and memory gains for newer devices (which include A7 or A8 SoC’s) as running the 32-bit apps necessitates loading a lot of additional resources into system memory.

Read more

Apple iPhone 6 Plus vs Samsung Galaxy Note 4 – Full comparison (Video)

header-image-note-4-vs-6-plus

Today we’re going to be comparing Apple’s iPhone 6 Plus to Samsung’s Galaxy Note 4. I realized that there are a limited range of “comparisons” that can happen between these two devices, but we’re going to touch on some of the most important factors between the two such as design, software, features, and cameras.

I’m not going to make this a battle between iOS and Android as many people have their own preferences which lead them to one platform or another. Either way, these two devices are shaping up to be the most coveted large screen smartphones of 2014 and it makes sense to compare them and help you make an informed decision…

Read more

Apple releases iOS 8.1 with Apple Pay, iCloud Photo Library, SMS Relay & Instant Hotspot, more

iOS 8.1Just as Apple announced at its iPad & Mac event last Thursday, iOS 8.1 is now publicly available with new features including Apple Pay, iCloud Photo Library, and additional Continuity features. Apple Pay is available for iPhone 6 and iPhone 6 Plus users for making payments for purchases with the new iPhone rather than a physical credit card in supported retail stores and apps; iPad Air 2 and iPad mini 3 users will be able to use Apple Pay within supported apps as well. In addition to iOS 8.1, Apple also released version 7.0.1 for third-generation Apple TV boxes.

Read more