Yesterday, Apple posted quarterly revenue of $37.4 billion and quarterly net profit of $7.7 billion, or $1.28 per diluted share in the third fiscal quarter of 2014 (second calendar quarter of 2014), compared to $35.3 billion and quarterly net profit of $6.9 billion, or $1.07 per diluted share, from the previous year.
Amazon makes a late entrance into the highly competitive smartphone market with the Fire Phone, but early reviews of the device suggest that most users are better off sticking with a competing device. The general consensus among reviewers is that the Fire Phone does not have enough differentiating features over an iPhone or Android-based smartphone.
Earlier this week, forensic scientist and iPhone jailbreak expert Jonathan Zdziarski had raised concerns over the so-called backdoor services included in iOS that could make data collection easier for both the iPhone maker and government agencies.
Apple will reportedly stagger the debut of iOS 8 and OS X Yosemite later this year to better manage each release
Apple TV was gifted with a major content update at the end of June, with new channels for ABC News, PBS kids and others being introduced. Now, a new report suggests that another major brand could be launching for Apple’s set-top box within a year’s time.
During its Q3 2014 earnings call, which outlines the results of the company’s quarterly revenue report, Apple unveiled key details for many of its products, including iTunes. The tone for the service was quite positive, with plenty of high numbers showcasing the power of Apple’s digital service and storefront.
While strong sales of the iPhone and Mac helped Apple post rather impressive third quarter results, the iPad has declined in sales for the second consecutive quarter. But before you interpret that statistic as the iPad being doomed, read ahead for reasons why Apple CEO Tim Cook and company are not concerned about the tablet’s sales.