Over the past few years, Apple’s cash hoard has swelled to near unthinkable levels. Per the company’s most recent earnings report, Apple now has more than $237 billion in cash and other securities, anchored of course by the company’s insanely lucrative iPhone. Though the iPhone only has a thin slice of smartphone marketshare, Apple’s iconic smartphone accounted for an astonishing 104% (yes, you read that correctly) of the profits across the smartphone industry last quarter.
AT&T is trying to change cable TV forever. Starting sometime this month, AT&T will offer an internet-only subscription TV package, with upwards of 100 channels for $35 per month. If the channel selection and pricing are as good as the company promises, it will be a hit.
But AT&T was banking on one other thing to really sell DirecTV Now: integration with AT&T’s cell network, which would let you stream TV channels on your smartphone without using up your data plan. It’s the kind of deal that only AT&T could pull off, as the owner of a national cell and cable network. But according to a letter from the Federal Communications Commission, doing so could be illegal.
While all of the country is coming to terms with what happened last night, T-Mobile CEO John Legere has reason to be feeling particularly woozy. You see, not so long ago, Legere and Trump got into a rather unsavoury Twitter war, and T-Mobile could well feel the consequences.
Apple’s new MacBook Pro didn’t get the best reception when it was launched, thanks to a price hike and a rather courageous selection of new ports. But that doesn’t seem to have dissuaded all the wannabe Pros out there, because some data is showing the new MacBook Pro selling weirdly fast.
Tomorrow, Irish Finance Minister Michael Noonan will file an appeal against Apple’s $14.4 billion tax bill in European court. But Ireland isn’t fighting to get back what it’s owed; rather, it’s contesting a recent EU ruling on behalf of Apple, saying that the company shouldn’t have to pay Ireland the equivalent of about $3,000 per person.
Apple hasn’t yet managed to keep up with iPhone 7 and iPhone 7 Plus demand, suggesting that the company’s new iPhones are a hit. In fact, iPhone sales in the September quarter came in slightly higher than Wall Street was expecting, even though supply of both new models was severely constrained. But even though Apple’s iPhone 7 and 7 Plus have been so far, demand for next year’s new iPhones is expected to dwarf this year’s models thanks to a massive iPhone redesign that Apple fans have been waiting for.
As exciting as next year’s new iPhone 8 and iPhone 8 Plus sound, however, new evidence suggests that Apple is working to bring an exciting new feature to its iPhone lineup that could be the biggest smartphone game-changer the world has seen since the first iPhone was released nearly a decade ago in 2007. More →
After Samsung’s Galaxy Note 7 quickly became an absolute disaster, the last thing the company wants to do is release its next-generation flagship phone when the phone is anything but perfect. As such, it doesn’t exactly come as a surprise that the new Galaxy S8 set to debut next year may be released later than expected. For the past three years, Samsung has unveiled a new Galaxy S flagship smartphone in late February ahead of the annual Mobile World Congress trade show. This year, however, a reputable report claims that the new Galaxy S8 smartphone lineup might not be unveiled until April. More →
Gather round children, for I have a tale of two analytics companies. One says that smartwatch shipments plummeted by over 50 percent last year, while the other claims that sales are up by 60 percent in the same time period. All is not well in the land of spreadsheets.
Last week, an IDC report claimed that smartwatch shipments had gone down by 50 percent over the last year. A lot of the drop in shipments was due to a 70 percent decrease in Apple Watch sales, likely due to the impending Apple Watch 2 announcement.
But in a report issued this week, rival firm Canalys has Apple’s market share up, Samsung in a firm second place (much better than IDC), and Fitbit rounding out the top three.
A survey from IDC hit the inboxes of tech journalists nationwide this afternoon. It was meant to assess the damage to Samsung’s brand following the Note 7 recall, and see how consumer confidence had been damaged.
In order to work out the drop in consumer confidence among the at least 2.5 million Galaxy Note 7 customers who have had their phone recalled, IDC managed to survey a whole 24 Note 7 owners.
It was hardly the star of the show during Apple’s big Mac event on Thursday, but the company announced a brand new app called “TV.” Not to be confused with “Apple TV.” Although you will be able to install the Apple “TV” app on your “Apple TV.” Right on.
The new app will serve as a hub, offering users a single portal through which they can browse movies and TV shows across a wide range of streaming content providers. So, instead of hopping from app to app searching for a show you want, you can search once in TV and find what you’re looking for. Then, with a single tap or click, you’ll jump to the appropriate app and begin streaming. Of course, there’s one big problem: TV, the app that’s supposed to be your one-stop shop for all of the online video content you want to stream, doesn’t support the most popular video streaming service on the planet. More →
A criminal investigation into a senior exec at Apple’s European division has concluded with no jail time, but a rather hefty fine. Italian prosecutors have been investigating Apple’s tax dealings through Apple Sales International, the Irish-based unit that controlled much of Apple’s European profits.
According to Reuters, a settlement has now been reached, with the potential six-month jail term for the Apple exec converted into a $50,000 fine instead.
Today, beleaguered microblogging site Twitter announced that it’s killing off Vine, the strange mobile video app that it launched four years ago.
Despite the large team of developers and integration with one of the world’s largest social networks, Vine found it difficult to compete with GIFs, the cutting-edge moving-image format developed by a bored programmer in 1987.
Vine leaves behind a sad team of venture capitalists, and millions of six-second videos that are doomed to loop on the web forever.
Samsung’s mobile division profit and global market share both went up in smoke in the third quarter as the damage from the company’s dual recalls and cancellation of its flagship Galaxy Note 7 began to take shape. The company on Thursday morning announced final figures for the third quarter of 2016, noting revenue that slid 7% on year to 47.8 trillion won ($42 billion) and operating income that tumbled 30% to 5.2 trillion won ($4.6 billion). Those were the bright points in Samsung’s report, believe it or not — the South Korean consumer tech giant reported operating income for its mobile division of just 100 billion won ($87.9 million), down a staggering 96% from 2.4 trillion won in the same quarter last year. More →
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