The eight reasons Morgan Stanley thinks it’s time to buy AAPL

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Morgan Stanley analyst Katy Huberty is advising investors that now is the time to buy AAPL shares – and not just because the iPhone 6 is on the way.

Huberty gives eight reasons (via BusinessInsider) for believing that the price of AAPL stock is likely to increase. None of them are new, but the combined effect is persuasive, she argues …  Read more

Beats Music “Listen Now” feature starts rolling out to Shazam iOS app

Users of the Shazam iOS application have begun noticing that Shazam is testing a new “Listen Now” feature with the Apple-owned Beats Music streaming service. Like it does with iTunes Radio, Spotify, and Rdio, this feature allows a user to tag a song with Shazam and then instantly play it in Beats Music. We tested the feature this morning and it works as advertised. You’ll need a Beats Music subscription or a 14-day free trial in order to make use of the feature. With Beats now under Apple’s wing and Shazam a key partner for Siri in iOS 8, it makes sense that the trio would integrate in a fashion such as the new Listen Now button in the Shazam app. You’ll need the latest Shazam update to make use of the feature.

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As Siri gets more powers in iOS 8, we ask: Do you use it to its fullest or is it still a party trick?

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When Siri lost its beta tag almost a year ago, I suggested it might be a good time for those who’d been frustrated with its early performance to give it another chance. What I discovered through your comments was that Siri seems to be one of those things that polarizes views: people either loving it and using it every day, or dismissing it as a useless gimmick. Not too many people seem to fall between the two.

But Apple has continued to work hard on improving the service, adding new capabilities as well as refining its ability to handle existing ones. It might not yet be as sophisticated as its creators envisage for the future, but a year on seemed a good point to revisit the topic and find just how many of its capabilities people are using …  Read more

Apple says it had record month in July for App Store revenue, customer transactions

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Apple has announced that July was a record setting month for App Store revenue following its earnings report last month where the company reported strong iTunes results for the three-month period that ended June (via CNBC).

The company also told CNBC today that it saw “a record number of customers making transactions” for the App Store during the month:

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Apple hires Angela Ahrendts’ confidant & former Nike exec to lead social media efforts

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Apple is giving its social media department a significant shot in the arm this week. The Cupertino-based company has hired Musa Tariq, the former social media chief for both Nike and Burberry. At Nike, Tariq ran general social media marketing as well as social media partnerships with athletes across all Nike product platforms, and at Burberry he led “strategy and innovation” for social media…

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Beats Music CEO Ian Rogers to also lead iTunes Radio at Apple, according to report

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The Wall Street Journal is reporting that Ian Rogers, the head of Beats Music, will now also lead iTunes Radio following the Apple acquisition. Apple wants to increase collaboration between both Beats Music and iTunes Radio by having both streaming services led by Rogers. Up to now, iTunes Radio has been headed by Jeff Robin’s team, best known for creating the software that became iTunes.

The Journal says that Rogers’ leadership will increase ‘cohesion’ between the services, which currently offer a lot of app in their end-user experiences. It is still unclear whether Apple has plans to consolidate the brands.

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Heads rolling at Beats as Apple eliminating redundant positions, Ian Rogers & Trent Reznor to stay on

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As Apple’s acquisition of Beats Electronics and Beats Music nears completion this financial quarter, the Cupertino and Culver City, California-based companies have begun work on transitioning select employees and technology resources from Beats to Apple, according to sources briefed on the transition. Apple executives have visited Beats’ Southern California headquarters this week and last week to offer groups of employees positions at Apple and to notify some members of the Beats staff that they will not be included in the transition.

Many Beats employees in development and creative roles have been offered positions at Apple. Many of these employees will be offered space in Apple’s Cupertino offices, but Apple is said to plan to retain the Los Angeles-area offices, and select engineers on the Beats Music streaming service will continue working out of Southern California. An email from Apple CEO Tim Cook detailed earlier this year that Beats hardware employees would transition to Phil Schiller’s team in Cupertino, so it seems likely that the headphone and speaker makers will make up the majority of the new Cupertino staff…

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Apple to acquire Swell talk radio and podcast app for $30 million

Apple appears to be looking to further improve the iTunes Radio service through the $30 million acquisition of a radio application called Swell, Re/code reported early Monday morning. Unlike the $3 billion Beats Electronics (and Beats Music) buyout, however, this purchase centers more on talk radio than music.

Swell currently carries news from sources such as NPR, ABC, ESPN, the BBC, and more, and uses a user’s listening history to create personalized content playlists. Apple, on the other hand, only recently jumped into the streaming news market through iTunes Radio with ESPN and NPR stations, including over 40 local stations.

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Apple reportedly discussing mobile wallet plans with credit card companies, may launch with iPhone 6

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The Information has a new report out discussing Apple’s progress on a mobile wallet payments service. The post echoes reporting by 9to5Mac earlier in the year.

The report says the service may launch this fall, enabling iPhone users to pay for goods with their devices in retail outlets. Apple has apparently discussed the plans with credit card institutions, according to the report, as a user’s banking information “would essentially be uploaded to the wallet”. Apparently, Visa is already onboard with the project.

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Here’s what analysts expect Apple to announce today: revenue up 8.5 percent, earnings up 18 percent

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With Fortune having now filled in the blanks in its analyst roundup, above are the final numbers Wall Street expects Apple to announce at around 1.30pm PT/4.30pm ET this afternoon.

With all 34 analysts having revealed their predictions, the consensus view is for year-on-year revenue to have grown by 8.5 percent, with earnings up 18.1 percent …  Read more

Apple releases Yosemite Developer Preview 4 with redesigned iTunes 12

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As expected, Apple has released OS X 10.10 Yosemite Developer Preview 4. It is available via the Mac App Store Software Update tab for developers running earlier versions of Yosemite. Apple has also released a revamped iTunes 12 to developers (full gallery here). Previous updates previously brought various design tweaks and feature enhancements, and Preview 4 is likely to do the same thing. Yosemite launches this fall with updated Mail, Messages, and Calendar apps, in addition to a system-wide redesign and improved integration with iOS Devices. We’ll be updating this post as new changes are discovered, and you can let us know what you find at tips@9to5mac.com.

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