Apple on Tuesday reported revenue of $42.4 billion for the June quarter, the company’s 3rd fiscal quarter. That included earnings of $7.8 billion, or $1.42 earning per share (EPS). Those results were down from the year ago quarter of $49.6 billion in revenue and $10.7 billion in earnings. It was within Apple’s own guidance of $41 to $43 billion, and earnings beat analyst expectation.
Investors, just like gamers, are a fickle lot, and Pokémon GO is showing just how true that is for Nintendo. The company’s stock shot up to its highest point in decades after pretty much everyone with a smartphone went crazy over the game, then took a big hit when Nintendo reminded investors it has only a partial stake in developer Niantic and Pokémon Company.
Apple’s 2016 third fiscal quarter earnings report is scheduled to start this afternoon after the market closes. This quarter will include iPhone SE sales, and analysts will be watching closely to see if the company’s smartphone numbers show a year-over-year decline for a second quarter. The Mac Observer will be here to bring you the latest news and analysis from the event, so be sure to follow along with us this afternoon.
Since this fall’s iPhone is expected to stick with the same body design as the iPhone 6 and iPhone 6s a new report claims instead of iPhone 7 Apple will call the new model iPhone 6SE. The source for the next iPhone’s name comes from supply sources in China, and doesn’t seem like a good fit considering Apple already sells an iPhone SE.
Apple’s still unannounced iPhone 7 will reportedly be announced a little earlier than usual this year and hit store shelves on Friday, September 16th. Word of the release date comes via Venture Beat’s Evan Blass, who has a track record for predicting Android smartphone rollouts.
Apple is offering limited edition Apple Watch bands for the Olympics, but you can only get them at the Apple Store VillageMall in Barra da Tijuca. That’s in Brazil. GQ reported that Apple has Apple Watch bands commemorating 14 “major competitor” countries. But if you can’t go to Brazil, we did some digging and found a couple of alternatives at Amazon and AliExpress.
Apple announced Friday that it will hold its quarterly call with analysts on Tuesday, July 26th. Investors will be keenly watching results and guidance looking for signs in renewed growth for Apple. In the March quarter, Apple reported year-over-year declines in revenue and iPhone sales.
Apple’s iPhone 7, expected to ship this fall, will include “professional class waterproofing” and a Lightning to 3.5mm headphone jack dongle. That’s according to Deutsche Bank analysts following Apple’s production closely.
There’s a new security threat for OS X and iOS that could let attackers remotely control your device or install malware by sending you an image file. The threat is fairly serious, although so far it’s still just a proof of concept, and Apple patched the flaw in OS X 10.11.6 and iOS 9.3.3.
Earlier this month a report said online music provider Omnifone was being purchased by an unnamed U.S. company for US$10 million. Now a new report is out saying that company was Apple, but it’s very likely that’s not really the case.
Apple added support for Google’s WebP image format to Safari in the beta versions of iOS 10 and macOS Sierra, which could make websites load faster. “Could,” in this case, assumes Apple keeps WebP support in the shipping versions of its operating systems, and Web developers adopt the format for their site images.
Previously only available by private invitation, Twitter now allows users to apply for account verification. Note that you still need to be noteworthy or otherwise provide a compelling reason for Twitter to approve your verification, but at least now you can ask instead of having to sniff around at cocktail parties and coffee shops for someone who knows someone. To get verified your account must first be in proper shape. Read along and we’ll help get you there.
Apple is taking some of the confusion out of its subscription services by bringing iTunes Match’s song matching system to Apple Music. That means Apple Music users will have get a much better matching algorithm, they get DRM-free versions of matched songs, and they don’t need their iTunes Match subscriptions any more. If that sounds like a winning combo to you, it’s time to disable auto-renew for your iTunes Match account. Read on to learn how.
The Iranian government has given Apple an ultimatum: register with the country’s anti-smuggling office now, or all iPhones will be banned and confiscated. The demand comes as part of Iran’s plans to create a database of every cell phone in the country under the guise of blocking smuggling.
Netflix announced a deal with CBS Studios International on Monday to stream the new Star Trek television series in countries around the world. Episodes will air within 24 hours of their showing after the show launches in 21017, except in the United States where viewers will still need a CBS All Access account. You didn’t misread that: the new Star Trek series won’t be available on Netflix Streaming in the U.S.
Apple rolled out updates for OS X, iOS, watchOS, and tvOS on Monday. The updates are all free and fairly easy to install, and they haven’t caused any problems on The Mac Observer’s test devices so far. Read on to learn about the updates and how you can get them installed.
Apple reportedly gave an exclusive manufacturing deal to Taiwan Semiconductor Manufacturing Company for the A10 processor used in the upcoming iPhone 7. The deal means Samsung won’t get to cash in on the next iPhone model, and sources say TSMC already scored an exclusive deal for the A11 processor in 2017’s iPhone lineup.
Apple chip designer ARM Holdings is about to get bought by Japan’s SoftBank in a £24.3 billion (about US$32.16 billion) deal. SoftBank plans to keep ARM in the UK while using the deal to make itself the preeminent mobile chip designer and cash in on the growing “internet of things” product market.
Samsung’s appeal in its ongoing patent infringement fight with Apple over smartphone designs goes before the U.S. Supreme Court on October 11th. This doesn’t, however, signal the end of a battle that started in 2011 and is only the latest round in a dispute that’s drug on for years.
Nintendo and Niantic’s wildly popular Pokémon GO came under fire only days after it launched when users found out the game had permission to access everything in their Google accounts. Niantic said the game checked only basic account information and wasn’t supposed to get unfettered access to everything. There’s an patch out that fixes the permissions issue, but you’ll need to do more than simply install the update. Read on to learn how to limit Pokémon GO’s access to your Google account.