Apple Beats Estimates, Sees iPhones Sales Decline

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.

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Investor's Expensive Lesson: Nintendo Didn't Make Pokémon GO

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.

AAPL Q3 Earnings Report Set for Tuesday Afternoon

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.

TMO Background Mode: Interview With Ken Ray, Host and Producer of ‘Mac OS Ken'

Ken Ray is the host and producer of several notable podcasts, including the Mac OS Ken shows. It’s not surprising that Ken started out in radio broadcasting. Early on, he was a behind the scenes person at a small radio station in Boston. There, he became operations director and learned a lot about radio tech without the on-air disc jockey pressure. He learned the station’s digital editing suite, and that led to producing some commercials and radio shows. Later, at ZDTV radio, he had the opportunity to interview some high-profile people: Jesse Jackson and Ray Kurzweil. It’s not hard to see how, after he fell into the world of Apple, he brought all his skills to bear into a whole suite of modern-day podcasts, including work with Rod Roddenberry, Gene’s son.