While iOS 8 for the iPhone, iPad, and iPod touch is set for a September launch, Apple is planning to bring its next-generation Mac software, OS X Yosemite, into the wild a month later, in October, according to several sources. Apple plans to continue releasing OS X Yosemite Developer Previews every two to three weeks until a final Developer Preview is seeded on September 29th, according to the people. Apple is then expected to finish up work on Yosemite in early October and release a golden master build around October 10th, the sources said. Apple is also finishing up preparations to release a version of OS X Yosemite beta tomorrow to the first one million people who signed up for the public beta.
At the time, Ek was reserved in saying too much about the proposition. “I don’t like speculating about things that haven’t happened,” Ek stated. He did, however, say that he always believed Apple would enter the streaming music space and doubled down saying Spotify is focused on “building the best possible product” while noting the service’s 40 million users with 10 million paid customers.
The Spotify CEO was interviewed last week at Fortune’s Brainstorm Tech conference and once again asked about the Apple-Beats deal, this time with the acquisition being official: Expand Expanding Close
Screenshot showing new iTunes U “Student Discussions” feature
Apple today announced an update to its iTunes U educational app that includes a number of new features for iPad including course creation tools, a Student Discussions feature and improved management tools for teachers.
“Education is at the core of Apple’s DNA and iTunes U is an incredibly valuable resource for teachers and students,” said Eddy Cue, Apple’s senior vice president of Internet Software and Services. “iTunes U features an amazing selection of academic materials for everyone around the world. Now, with the ability to better manage and discuss educational content, learning becomes even more personalized on iPad.”
The new features will begin rolling out July 8 with the ability for teachers to create and manage previously uploaded lessons directly from the iPad. Apple says the course creation features will let teachers grab content from iWork, iBooks Author or “any of the over 75,000 educational apps available for iPad.” It will also let teachers use the iPad’s camera to include shots and video of real-world items in courses. The course creation feature will be available to educators in all 69 with the materials they create distributed in up 155 countries.
As for students, a new Discussions feature will bring a social element to the app allowing students and teachers to easily interact with one another: With Discussions in the iTunes U app, students can automatically follow classroom discussions and join conversations on new topics, or set up push notifications for when new topics are started or replies are added to active exchanges. Teachers can participate in forums too, and have the ability to moderate discussions by removing any off-topic messages or replies.
In its press release, Apple said “nearly 30,000 Multi-Touch™ books have been created by independent teachers and publishers worldwide.”
Even though his team is down a game in the NBA Championship series against the San Antonio Spurs, athlete LeBron James does have something new to smile about. As part of Apple’s $3 billion acquisition of Beats Electronics and Beats Music, James is due to net a profit of $30 million:
Apple wants to replace yet another daily tool with your iPhone: your wallet.
Executives from the Cupertino-based technology company have begun discussions with directors from retail store chains about a mobile payments service, according to a source with direct knowledge of the talks. Previous reports indicated that Apple is exploring new payments services through discussions with executives from existing payments companies. These latest mobile payments-related discussions, which have occurred with retail store brands such as those that sell luxury clothing and premium goods, have taken place over the past couple of months, according to the source. The source declined to be named and requested that the identities of the companies talking to Apple not be published.
The Apple mobile payments service would be integrated into iOS Devices such as the iPhone and would be a comprehensive solution that would allow an iPhone user to leverage their device as a form of payment in retail stores. Based on information from various people briefed on the matter, the service would tie directly to iTunes accounts. Apple Senior Vice President Eddy Cue noted last night that Apple has 800 million iTunes accounts with credit cards, and that this arsenal opens up the door for many future products and services. Apple CEO Tim Cook previously hinted that the iPhone’s Touch ID fingerprint identity sensor could someday be leveraged for mobile payment purposes beyond the existing iTunes and App Stores…
It’s typical in any acquisition for both parties to sing the praises of their new partner, and Eddy Cue was certainly playing his part at Re/code’s Code Conference, saying that Beats’ curated playlists were a key strength and would help music grow again. As Mark Gurman reported in his live blog coverage at Code Conference:
Cue said Apple bought Beats because “music is dying. It hasn’t been growing.” He said combining the two companies will help it grow again […]
Cue said what makes Beats good is that it provides users with curated playlists.
He said: “When you bring what Beats has got and what we’ve got it’s not two plus two is four. It’s something much more than that” …
In case you were wondering if Apple does indeed plan to release some new products this year, perhaps in time for WWDC early next month, Eddy Cue made an extremely confident statement about what Apple has planned. During his interview at the Code Conference, the same one where he shared some of the latest stats on iTunes, Cue just said that Apple has the best product pipeline he’s seen in over 25 years with new products coming later this year:
I have been working with Tim since 1997. We started the online store together. Cook is extremely thorough, he has tremendous vision. He cares tremendously about building great products. Looking at the executive team, the reason we are successful is because of our focus. We are not smart enough to do 100 great things. We want to do a few incredible things, and that hasn’t changed. We’re going to keep going down that path… Later this year, we’ve got the best product pipeline that I’ve seen in my 25 years at Apple”
Live from the Eddy Cue and Jimmy Iovine interview at the Code Conference, Cue is sharing some of the latest stats for iTunes and other services and noted that Apple just crossed 35 billion songs sold this past week. That’s up from the 25 billion songs purchased and downloaded that Apple announced in February of last year. Cue said sold, but we’re assuming that 35 billion number includes both purchases and downloads like Apple’s stat did in its press release last year.
Cue also noted that iTunes has around 800 million customers total and around 40 million iTunes Radio listeners in the U.S. and Australia with a lot of growth coming internationally. Iovine also shared some stats confirming previous reports that Beats Music is now at around 250,000 subscribers from a total of 5 million downloads. Iovine claimed conversions from downloads to paid customers would have been a lot higher if Beats Music was using Apple’s in-app purchase mechanism.
Earlier today, Apple announced that it has acquired Beats Electronics and Beats Music for a total of $3 billion. Tonight, two of the masterminds behind the deal will be interviewed about a range of topics at the Code Conference. Apple Senior Vice President of Software and Services Eddy Cue along with Beats co-founder and music mogul Jimmy Iovine will be interviewed by Re/code’s Walt Mossberg and Kara Swisher. Previously, Cue was scheduled to be interviewed alongside Apple Senior Software Vice President Craig Federighi, but it appears that the acquisition’s announcement changed up the plans. We are on hand for the interview and we will be providing live coverage below. The interview starts around 8PM Pacific/11PM Eastern Standard time:
This morning, Apple revealed the schedule for next month’s Worldwide Developers Conference. To start things off, an Apple keynote will be held from 10AM to 12PM on Monday, June 2nd at Moscone West. Apple typically holds keynote addresses to kick off WWDC, but this schedule serves as the first direct confirmation from Apple. The event will likely be led by Apple CEO Tim Cook with assistance from Senior VPs Craig Federighi and Eddy Cue, who have some new software and services announcements, respectively…
Tim Cook may have called the Haunted Empire book ‘nonsense’, but the derisive comments about the book from Apple executives do not end there. Personally, I found the pen-throwing anecdote too funny and decided to ask Cue whether it was true or not. I wasn’t really expecting a reply, but to my surprise he actually did.
I asked about the story’s truthfulness:
I am slightly obsessed with the anecdote about Jobs throwing a pen in your face. Is the story true?
In an effort to boost usage of its new streaming music service that launched alongside iOS 7 last fall, Apple is considering changes to iTunes Radio. The Cupertino company is now testing iTunes Radio as a standalone application with iOS 8, according to sources briefed on the plans. iTunes Radio first arrived as a feature within the iPhone, iPad, and iPod touch operating system’s Music application. As a tab in the already-existing Music app, iTunes Radio has not received a promoted presence on iOS, and this likely has deterred growth for the service in terms of advertising revenue and usage…
Apple is readying an upgraded version of its iPhone, iPad, and iPod touch Maps application for the next major release of iOS in an effort to battle Google for mobile maps supremacy, according to sources briefed on the plans. Apple CEO Tim Cook, Senior Vice Presidents Eddy Cue and Craig Federighi, and Maps head Patrice Gautier are using the new app to move toward fulfilling a promise to users that the iOS Maps application will eventually live up to the “incredibly high standard” of Apple’s customers…
An SEC filing reveals that six of Apple’s top execs were each awarded 35,000 Restricted Stock Units (shares that cannot be immediately traded), with a current value of more than $19M. Of this, $12M is awarded outright, subject only to remaining with the company until at least April 2018, with a further $7M dependent on Apple’s stock performance.
The bonuses were awarded to Senior VPs Eddy Cue, Craig Federighi, Dan Riccio, Phil Schiller, Bruce Sewell and Jeffrey Williams. It’s likely that Jony Ive will receive the same, though his stock awards do not have to be reported to the SEC … Expand Expanding Close
The show will feature chart-topping acts from Coldplay, Imagine Dragons, Pitbull and ZEDD with more announcements to follow. Just like the UK event, anyone can stream the event for free from their iOS devices, Macs as well as Apple TV.
In the press release, Cue said that the event is a way of sharing Apple’s love of music with customers.
The Wall Street Journal has published a report that largely corroborates what Bloomberg said earlier; a new Apple TV is under development with Apple currently in negotiation stages for content deals, with at least Time Warner Cable. However, the Wall Street Journal adds some new information about what these talks entail.
Initially, it appears that Apple wanted an independent Apple TV product to offer TV shows and films exclusively over the Internet. However, now it appears that Apple is scaling back some of its ambition due to resistance from content companies.
Today, Apple has announced that App Store sales topped $10 billion in 2013. In December alone, customers spent over $1 billion in the store, a record-breaking figure — the most successful month in App Store history. In total, developers for iOS and OS X have now earned $15 billion on the App Store.
Adweek is reporting that Apple is focusing the iAd sales department almost exclusively on iTunes Radio, rather than developing its in-app ad portfolio, which is how the service originally started. According to the report, Eddy Cue told the advertising unit that iTunes Radio advertisements are a top priority, presumably as Apple is preparing to expand the music service into more countries next year.
Via AdAge, Apple has hired Michael Pallad for its iTunes Radio team. Pallad’s LinkedIn confirms the report, citing Apple iTunes as his current occupation.
AdAge says that Pallad joined Apple about a week ago and is in charge of international iTunes Radio sales. Pallad comes from Cumulus Media, a real-world radio organisation, as their Executive Vice President of Sales. As Apple’s initial round of iAd campaigns for iTunes Radios run out at the end of the year, it seems Apple needed someone versed in radio advertising sales to help setup its deals for 2014.
