Google is under fire in the UK for its tax practices in the country, and a new key witness (who spoke to The Sunday Times) might put them in deeper hot water when he hands over a reported 100,000 emails and documents to the British Revenue & Customs (HRMC) services. Barney Jones, a former Googler who was at the company between 2004 and 2006, says he has material proof that Google’s London… → Read More
Google’s stock price came close to its 52-week high on the first day of Google I/O today, hitting $915 per share at close. In comparison, Apple today dropped 15 points to close at $428 per share, 277 points off its 52-week high. This morning, Google stock jumped to $909 per share from its opening price of $895 when Co-Founder Larry Page hit the stage at around 11:45. It is now trading at… → Read More
Apple had a bit of a head start when it came to mobile software sales, since it launched its App Store earlier than the Android Market (which would later become what we call Google Play today). But the gap was more pronounced in terms of downloads when they kicked off, but lately the gap has been closing, and today both Play and the App Store announced very close milestones. → Read More
Apple continues to lead both as the single-most profitable smartphone maker, and by default the most profitable platform, taking 57% of $12.5 billion in smartphone operating profits in Q1, according to figures out from Strategy Analytics today. Android took 43%, equating to $5.3 billion, Neil Mawston, chief analyst with the firm, tells TechCrunch. → Read More
It’s nice to see people in a power position in the valley give up their time for charitable causes. Apple’s CEO, Tim Cook, recently offered up his time for probably the most expensive cup of coffee ever, to benefit The RFK Center for Justice and Human Rights. The current top bid is a whopping $605K, and the auction ends in two days if you’ve got the cash to donate. → Read More
Editor’s note: Derek Andersen is the founder of Startup Grind, a 40-city community bringing the global startup world together while educating, inspiring, and connecting entrepreneurs.
I remember when the press first hit about Nest Labs, the guys behind the iPod/iPhone were taking on thermostats everywhere! A collective “huh?” went through the tech industry. It felt like the tech version… → Read More
Apple faces a whole lot of inbound requests to unlock iPhone devices from law enforcement officials, according to a new report from CNET. Seized iPhones with a passcode lock are apparently secure enough to frustrate a lot of police agencies in the U.S., resulting in a wait list that Apple has put in place to help it deal with unlock requests from the authorities. → Read More
Once again, news from a supplier is fueling rumors about Apple’s future product roster. This time it’s manufacturer Pegatron’s announcement that it will increase its number of workers in China by up to 40 percent in the second half of this year. The hiring blitz at the company, which produces iOS devices, has led to new round of speculation that a cheaper iPhone is in the works. → Read More
Apple’s annual Worldwide Developers Conference is only around a month away, and while we’re already expecting to see iOS 7 at least previewed at the event, now we have some actual data to back up that supposition. Onswipe, the mobile site conversion company that leverages HTML5 to deliver tablet-optimized websites, has seen a big spike in traffic to its partner sites from devices running iOS 7 in… → Read More
A new front has opened in the smartphone war, and for the first time in many years, Apple is both outnumbered and outgunned.
I’m not talking about the phones themselves. iOS is still better than Android, although the gap has narrowed. The next iPhone will doubtless be the best phone in the world when it’s released, as ever. It won’t be as customizable – no Swype, no Facebook Home – but those… → Read More
Apple’s iOS 7 will arrive “on time,” according to a couple of well-placed sources following a report from Bloomberg this morning that suggests it was risking delays in the face of major software changes. Apple blogger and noted beard-wearer Jim Dalrymple gave one of his famous one-word confirms today on his blog, agreeing with a source which told AllThingsD that while Apple has had to shift… → Read More
Apple’s next version of OS X, 10.9 is on the way, according to 9to5Mac, and will offer an improved multi-monitor experience, finally allowing users to run fullscreen apps on one monitor and access different desktop spaces or other fullscreen apps alongside those. That’s a big plus for power users, but most of the other additions planned seem to be under the hood improvements instead of… → Read More
Hon Hai is planning to diversify its business away from producing Apple devices by signing an agreement with Indonesia to make and sell handsets in that country, reports Reuters. A Hon Hai spokesman said that the company, which derives about 60 to 70 percent of its revenue from manufacturing work for Apple, hopes to sign the agreement next month. Hon Hai, the parent company of Foxconn, is one of… → Read More
In case you can’t wait for Jony Ive to give iOS a complete revamp, there’s Classic Note, an app that will bring back a bit of the Woz-Jobs magic in fully 128K glory. The app includes a note taker and calculator into a package that harkens back to the days of the original Macintosh. → Read More
The USPTO published a number of Apple patent applications Tuesday, including two related to automobiles (via AppleInsider). The car patents both describe systems that can be built into future iPhones, replacing most of the functionality of your standard key fob with the smartphone, and providing a way to help drivers navigate the often maze-like interiors of parking garages to find their ride. → Read More
CharityBuzz in conjunction with the Robert F. Kennedy Center for Justice and Human Rights is auctioning off a coffee break with Apple CEO Tim Cook at his Cupertino office, a prize valued at $50,000. That’s right: if you have a great idea for the next Apple TV With Smellovision this could be your chance. → Read More
Apple has just released the official announcement for its 2013 Worldwide Developers Conference. Every year, it releases tickets for the developer-focused event at the Moscone Center in San Francisco, and every year, they sell out faster than the year before. Last year, on April 25, they sold out in just two hours, so if you want some, doen’t hesitate when they come out tomorrow, because they’ll be… → Read More
Apple today posted Q2 earnings that beat estimates at $43.6 billion in sales, which illustrates that, while the Americas — led by the U.S. — remains the company’s single biggest market, Asia, led by sales in China, continues to show the strongest growth amidst weakened demand at home and in Europe. Overall, international revenues outside of the Americas were $24.3 billion, or 56 percent of the… → Read More
Apple CEO Tim Cook doesn’t generally talk too specifically about upcoming product plans, but he went out of his way to put an unusually fine point on when to expect new products than he usually does. Cook kicked off today’s Apple earnings call talking about how Apple is looking forward to exciting product news in the fall, and throughout 2014, and then reiterated the exact same thing during the… → Read More
Apple took time to update investors on the status of its ecosystem on today’s call, revealing that it has crossed the 45 billion total app download mark, just over four months after it crossed the 40 billion download mark back in January. Apps are being downloaded at a rate of 800 per second, from a total pool of 850,000 iOS apps in total, with 350,000 apps designed for iPad alone. → Read More
Apple just released its fiscal Q2 2013 earnings, and as always there’s plenty to dig into. In case you’re more of a visual learner (or just don’t have the time to read through multiple posts), take a peek at these charts to get a feel for how the folks in Cupertino did for themselves this time around. If you feel like learning a little more, clicking each of the charts will take you to a full post… → Read More
Apple announced today that it now has 300 million users for iCloud, up 20 percent from the 250 million that it announced in January.
iCloud, which allows users to sync their content and data across devices, was launched 18 months ago to replace the MobileMe service. Company executives said today that they will “continue to invest in the ecosystem” with new features and capabilities coming… → Read More
Apple now has $145 billion in cash and it needs to do something about it. That’s why Apple CEO Tim Cook just announced during the earnings call that the company will initiate a stock buyback. It means that Apple will use part of its cash to repurchase existing shares, taking them out of the market, increasing existing stockholders’ shares. That investment will go directly to existing… → Read More
Apple CEO Tim Cook made a very candid introduction remark during the earnings call. “We acknowledge that our growth rate has slowed,” Cook said. He then said that Apple has experienced “tremendous successes” over the past few years and that may be the reason why growth is slowing. “Decline in stock price has been very frustrating to all of us,” he said. → Read More
Apple has just released its Q2 2013 earnings report, announcing sales of 37.4 million iPhones in the quarter ending March. Apple also reported 19.5 million iPad units sold, which shows incredibly strong growth for Apple’s tablet business.
This is a slight decrease from last quarter, which included a holiday sales spike and being the first full quarter in which the iPhone 5 was available. → Read More
Apple’s Mac sales continued to slide this quarter, as Apple sold only 3.95 million computers running OS X, down just over 1 percent from the 4.1 million they sold in Q1 2013, and pretty much flat compared to the 4 million they sold in the same quarter last year. That’s no surprise: PC sales are sluggish in general, and while Macs aren’t running wild, flat growth is better than a dip. → Read More
Apple now has $145 billion in cash on hand — a 5.8 percent increase over the past three months. The company last reported that they had $137.1 billion in cash back on December 30. To put this into perspective, with $140 million, you can produce the movie Spider-Man. Apple has enough money to produce a thousand blockbusters. Apple could use its cash to acquire some companies. But with more… → Read More
Apple has been the subject of plenty of financial scrutiny (perhaps even more so than usual) recently, and now all that speculation has come to a head.
The Cupertino company has just released its fiscal Q2 2013 earnings — it reported $43.6 billion in revenue (up from $39.2 billion in the year-ago quarter) along with $9.5 billion in quarterly net profit, which works out to earnings of $10.09… → Read More
Conventional wisdom has it that Apple has reached its peak and can only disappoint from now on. Yet, many financial facts don’t make sense. The market is too harsh with Apple compared to its competitors. But when it comes to products, there is an unsettling detail: there was no product release during fiscal Q2 2013. While Apple is certainly not doomed, its future looks gloomy. That’s… → Read More
We’ve received direct word and noted on Twitter that that Mike Culbert, a longtime Apple hardware engineer, has passed away after battling cancer. According to his friends, he was a “brilliant engineer, a wonderful human being.” He will be missed. → Read More
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