Apple Earnings Smackdown Ranks Analyst Predictions

9:43 AM, Oct. 21st, 2014 · · News

Each quarter, Philip Elmer-Dewitt gathers analyst predictions on Apple's performance and ranks them in the Apple Earnings Smackdown. Tuesday he released the results for Apple's latest earnings report.

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I'm not sure what the difference is between amateur and professional analyst, but it's interesting to see how accurate (or not) each group is overall.

Apple Q4 Earnings Sliced And Diced

9:52 PM, Oct. 20th, 2014 · · News

Apple reported Q3 earnings information Monday. Kelly plays a little Fun With Math and shows some interesting stats about how Apple did over the last three months.

Here’s What Apple Wants to Achieve With Apple Pay

7:45 PM, Oct. 20th, 2014 · · News

In Apple's Q4 2014 earnings report, Tim Cook was asked by Shannon Cross of Cross Research what Apple's business model is for Apple Pay and whether it will, over time, become a standalone business, like iTunes. Or is it just incremental revenue? It was a great question, but it's neither of those. Here's what Tim Cook told Ms. Cross.

Apple Store App Update Adds Apple Pay Support

6:31 PM, Oct. 20th, 2014 · · News

Along with the release of iOS 8.1, Apple released Apple Store 8.1 for the iPhone, iPad and iPod touch on Monday. The update for the Apple retail store assistant app added support for Apple Pay, which was enabled in iOS 8.1.

China Holds Huge Potential for Apple with First Time iPhone Buyers

5:59 PM, Oct. 20th, 2014 · · News

China isn't just a big market for Apple's iPhone, it has huge potential for new customers. According to Apple CEO Tim Cook, half of iPhone 5S buyers in the country were new to the platform, and the iPhone 6 and iPhone 6 Plus look to be in a position to drive that percentage up.

Apple Teases Future Plans for Beats

5:16 PM, Oct. 20th, 2014 · · News

Apple has plans in store for Beats now that it owns the company, and an announcement is coming about what's in store, but for now CEO Tim Cook isn't saying what we can expect. Mr. Cook shared his little tidbit during the company's fourth fiscal quarter earnings report on Monday afternoon.

Apple Posts a Record September Quarter - $42.1 Billion Revenue, $8.5 Billion Earnings

5:02 PM, Oct. 20th, 2014 · · News

$AAPL

Apple posted another record quarter Monday, when the company announced results for the September quarter, Apple's 4th fiscal quarter. Apple had record revenue of US$42.1 billion, with record 4th quarter earnings of $8.5 billion (earnings per share of $1.42). The company said that strong iPhone, Mac and App Store sales drove both revenue and earnings.

How-to Set Up and Add Credit Cards to Apple Pay

4:45 PM, Oct. 20th, 2014 · · News

Apple Pay

Apple launched Apple Pay Monday, a service that allows iPhone 6 and iPhone 6 Plus owners to conduct credit card transactions through NFC at participating retailers. Apple Pay was included in iOS 8.1, which was released to consumers earlier on Monday, and it's pretty easy to set up—if you know that it's in Passbook, that is. Here's how to get it going.

Apple Releases iOS 8.1 With Apple Pay, iCloud Photo Library, Camera Roll, More

1:19 PM, Oct. 20th, 2014 · · News

iOS 8

Apple released iOS 8.1 Monday afternoon. The update includes the launch of Apple Pay for iPhone 6 and 6 Plus in the U.S., the return of the Camera Roll in Photos, the launch of iCloud Photo Library "as a beta service," the ability for Messages users to send SMS and MMS text messages from their Macs and iPads, and several bug fixes.