Apple Beats Guidance with Q4 Earnings, Guides Q4 Above Consensus

Apple reported fiscal fourth quarter revenues of US$46.9 billion with earnings of $9 billion on Tuesday. Earnings per share were $1.67. Those results are down year over year from revenues of $51.5 billion, earnings of $11.1 billion, and EPS of $1.96. Gross margins were 38%, down year-over-year from 39.9%. Apple beat consensus estimates on EPS and guided Q4 revenues higher than consensus.

Apple Fixes Two-Factor Authentication Setup Bug

HomeKit in iOS 10 requires Two-Factor authentication if you plan to remotely control or monitor your smarthome devices. That isn’t a big deal, unless you’re one of the unlucky few who were blocked from switchting to Apple’s more secure password authentication system. The good news is that Apple finally fixed the issue, so HomeKit can be more that your in-home personal assistant again.

Apple Releases iOS 10.1 with Portrait Camera for iPhone 7 Plus, Replay iMessage Effects, More

Apple released iOS 10.1 to consumers on Monday. The update includes beta support for Portrait Camera on iPhone 7 Plus, as well as the ability to replay iMessage bubble and full-screen effects. There are also new features for Apple Watch, transit-related features in Maps, and other improvements to camera functionality and the Photos app.

Eddy Cue Dampens Expectations for Original Apple TV Programming

Eddy Cue, Apple Senior Vice President of Internet Software and Services, dampened expectations for original TV programming from his company. Speaking at the Vanity Fair New Establishment Summit in San Francisco, Mr. Cue said that Apple was focused on making it easy to access content from everyone.

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I think I’ve all but given up trying to read the Apple TV tea leaves.

Did You Get the (i)Message? Tapback, Digital Touch, Apps, and More

When Dr. Mac sent his daughter an iMessage with iOS 10’s whizzy new stickers, full-screen effects, and animated GIFs, he was shocked when she replied: “Haha! I didn’t even know you could do all that.” He thinks it’s likely some of you in reader-land have yet to discover the joys of the iOS 10 Messages app. So in this week’s Dr. Mac’s Rants & Raves (Episode #197 if you’re counting) the good doctor offers up a short primer on the interesting new features in Messages.