The Silicon Valley giant issued the following statement, which it typically gives when it acquires smaller companies: “Apple buys smaller technology companies from time to time, and we generally do not discuss our purpose or plans”.
Nickelodeon’s Teenage Mutant Ninja Turtles: Rooftop Run is the App Store’s free ‘App of the Week’. The app is available for free for one week and is compatible with iPhone, iPad and iPod Touch running iOS 4.3 or later.
#1 App in 80 countries! You can play as Leo, Donnie, Raph, Mikey, or unlockable characters April and Casey Jones in this action packed combat runner with vehicle mode! Run, jump, fight and drive through New York’s endless cityscape as you rid it from the Foot Clan, Kraang, Dimension X and Baxter Stockman.
Collect energy orbs to unlock exclusive weapons, gear, and boosts that will keep you one step ahead of the Kraang ship. One-touch controls combine with ninja moves and shell shocking battles for an epic gaming experience. BOOYAKASHA!
Download it for free here.
This week’s free Single of the Week on the iTunes Store is “Calm After The Storm” by Dutch band The Common Linnets.
Growing up in small cities in The Netherlands, IIse DeLange and Willem Bijkerk loved country sounds – so much so that Bijkerk adopted the stage name Waylon after outlaw country star Waylon Jennings. Recorded in Nashville, the debut album by The Common Linnets features the single “Calm After The Storm”, a soothing and folksy song showcasing their breathy, homespun harmonies. The catchy tune won The Common Linnets second place in the 2014 Eurovision Song Contest.
Download it for free here.
Apple’s recent Q-10 filing reveals a significant increase in manufacturing and component purchases – a sign that the company could be gearing up for major product launches, according to a report on Friday by Appleinsider.
The document filed with the U.S. Securities and Exchange Commission this week discloses that Apple’s commitments for third-party manufacturing and components grew 22 percent quarter over quarter to $15.4 billion at the end of June. The increase was highlighted on Friday by analyst Katy Huberty of Morgan Stanley, who noted that the off-balance sheet commitments are a sign of “major product ramps” in the coming months.
Chinese media sources on Thursday reported that mass production of the 4.7-inch iPhone 6 was underway, confirming earlier rumours that the device would enter production this month. The new reports were first picked up by GforGames.
And considering the increasing number of leaks depicting various 4.7-inch iPhone 6 components, we think it’s safe to assume that the aforementioned smartphone is currently being manufactured. Nevertheless, the source suggests that Apple’s supply chain is currently facing yield issues, but thankfully, the situation should improve in August.
Judging by recent reports, it appears that the 4.7-inch model is on track for a fall launch as previously rumoured. The question, however, lies with the other variant of the iPhone 6 – a 5.5-inch model that has reportedly seen its production delayed due to production difficulties.
Apple on Thursday released the public beta of OS X Yosemite via its Mac App Store, allowing non-developers to test-drive the software for the first time.
The OS X Beta Program lets you test-drive pre-release versions of OS X Yosemite and provide feedback to help make it even better. Experience the new look of OS X, and try some of the new features and apps like the new Today view, Spotlight, Safari, and Messages.
Apple announced on Wednesday that it would be opening its 12th Chinese retail store in Wuxi’s Center 66 mall next week.
As stated on Apple’s Chinese website, the store will open on August 2, 2014 at 10 AM.
Consumers will be able to access a Genius Bar, workshops, One to One and Joint Venture training at the new outlet. Opening hours are from 10 AM to 10 PM daily.
Apple CEO Tim Cook had announced last year that the company would be doubling its retail outlets in China within two years, in a bid to counter slowing growth in the country.
Apple is reportedly accelerating development of a mobile payment system, or an ‘e-wallet’, and could launch it as early as ‘this fall’ alongside the iPhone 6, according to tech site The Information.
Conversations between Apple and payments-industry companies have heated up in recent months, with several people briefed on the talks saying that Apple executives have discussed launching a mobile “wallet” as soon as this fall for people to use their iPhones to pay for goods in physical stores.
According to the report, which cites sources with knowledge of Apple’s plans, the tech giant’s system would revolve around a “secured element” within phones whereby users’ financial credentials would be stored.
During its fiscal third-quarter conference call this week, Apple CEO Tim Cook announced that the company had completed 29 acquisitions in the past nine months, not including the widely-reported mammoth acquisition of Beats Electronics.
In line with Apple’s penchant for secrecy when it comes to acquisitions, Cook did not provide any details of the 29 companies, though several names have been reported in the past months, including micro-LED startup LuxVue and social search startup Spotsetter.
But, of course, the Beats buy easily eclipses any of these acquisitions, with its US$3 billion price tag making it the most expensive in Apple’s history.
Apple this week announced its financial results for the third quarter of its fiscal year 2014.
The Company posted quarterly revenue of $37.4 billion and quarterly net profit of $7.7 billion, or $1.28 per diluted share. These results compare to revenue of $35.3 billion and net profit of $6.9 billion, or $1.07 per diluted share, in the year-ago quarter. Gross margin was 39.4 percent compared to 36.9 percent in the year-ago quarter. International sales accounted for 59 percent of the quarter’s revenue.
The revenue figure of US$37.4 billion, although representing a 6% increase from the year-ago quarter, fell short of market expectations of US$37.9 billion. The company did, however, beat street estimates of 38 percent for gross margin and US$1.23 for earnings per diluted share.