By the numbers: a breakdown of Apple’s Q2 2014 earnings call

apple_tim_cook_money-580x418

Apple went over its Q2 2014 earnings today on its quarterly conference call with CEO Tim Cook and incoming CFO Luca Maestri. The company announced that former Burberry CEO Angela Ahrendts will finally be joining the executive team as SVP of Retail. Cook also addressed the recent debut of Microsoft’s Office productivity suite on the iPad.

But, as with any earnings call, the numbers that define Apple’s success or failure in the market took center stage. Here are some of the big ones you might have missed:

Read more

Tim Cook addresses iPad sales slowdown, says Microsoft should have released Office sooner

On Apple’s earnings call, Tim Cook directly addresses concerns surrounding iPad. Notably, he calls out Office as helping iPad sales somewhat but ‘frankly’ admits that Microsoft should have released Office for iPad sooner. He says that in the time that Microsoft waited, other companies including Apple have released very-competitive productivity alternates to Office, likely referencing iWork.

Read more

iOS 7.1 code indicates Apple working on Siri for Apple TV

Screen Shot 2014-04-23 at 14.19.52

Code found within the iOS 7.1 SDK suggests that Siri is headed to the Apple TV in future. Pierre Blazquez first found the reference on Friday. 9to5Mac has since confirmed that the code does exist in both iOS 7.1 and iOS 7.1.1′s files. The reference does not exist in 7.0.6.

The file is a supporting property-list resource for Assistant (Apple’s internal name for Siri), containing information about the feature. The UIDeviceFamily array declares what platforms are compatible with the feature.

As shown by Apple’s documentation, ’1′ and ’2′ represent the iPhone/iPod touch and iPad families. The ’3′ represents the Apple TV family.

Read more

Apple releases iOS 7.1.1 update with Touch ID, keyboard improvements, bug fixes

iOS-7-1-1-update

Following our report earlier this month that Apple was preparing to deliver a bug fix in an upcoming iOS 7.1.1 update, today the update is going live as an over-the-air update for iOS users. Apple’s release notes say the update includes “improvements, bug fixes and security updates” including enhancements to Touch ID fingerprint recognition and fixes for keyboard responsiveness and Bluetooth keyboards used with VoiceOver:

This update contains improvements, bug fixes and security updates, including:

  • Further improvements to Touch ID fingerprint recognition
  • Fixes a bug that could impact keyboard responsiveness
  • Fixes an issue when using Bluetooth keyboards with VoiceOver enabled
  • For information on the security content of this update, please visit this website:

http://support.apple.com/kb/HT1222

Read more

Wall Street expecting Apple to report year-on-year revenue fall of 0.2 percent

revenue

The consensus view of 40 analysts polled by Fortune is that Apple’s year-on-year revenue for its fiscal Q2 (Q1 of the calendar year) has fallen by 0.2 percent to $43.6B. This follows earlier predictions that iPhone sales will have grown two percent, and iPad sales will have dropped by 0.7 percent.

Most of our analysts (31 out to 40) are playing it safe, offering estimates within the range of Apple’s guidance — between $42 billion and $44 billion.

Seven think Apple will beat its revenue guidance — by half to three-quarters of a billion dollars, according to Merrill Lynch’s Scott Craig and the Braeburn Group’s Patrick Smellie, respectively. Two analysts – Credit Suisse’s Kulbinder Garcha and the Braeburn Group’s Sunil Shah – think Apple’s revenue may actually have fallen year over year …

Read more

Next-gen iPad Air front panel with integrated display reportedly shown in leaked photos

OMT-ipad

New photos that reportedly show the front panel of a next-generation iPad Air have surfaced. Originally shared by One More Thing, the front panel appears to have an integrated display. This notable change could result in an even thinner iPad Air, or leave room for Apple to rework the hardware and add additional components.

Read more