- Apple Reports Second-Quarter Results 13 hours ago Apple Hot News
Apple has announced financial results for its fiscal 2014 second quarter ended March 29, 2014. The company posted quarterly revenue of $45.6 billion and quarterly net profit of $10.2 billion, or $11.62 per diluted share. These results compare to revenue of $43.6 billion and net profit of $9.5 billion, or $10.09 per diluted share, in the year-ago quarter. Gross margin was 39.3 percent compared to 37.5 percent in the year-ago quarter. International sales accounted for 66 percent of the quarter?s revenue. ?We?re very proud of our quarterly results, especially our strong iPhone sales and record revenue from services,? said Tim Cook, Apple?s CEO. ?We?re eagerly looking forward to introducing more new products and services that only Apple could bring to market.?
- Apple Expands Capital Return Program to Over $130 Billion and Announces Seven-for-One Stock Split 13 hours ago Apple Hot News
Apple has announced that its Board of Directors authorized another significant increase to the company?s program to return capital to shareholders. The company expects to use a total of over $130 billion of cash under the expanded program by the end of calendar 2015. As part of the program, the board has increased its share repurchase authorization to $90 billion from the $60 billion level announced last year. The board also approved an increase to the company?s quarterly dividend of approximately 8 percent and has declared a dividend of $3.29 per common share, payable on May 15, 2014, to shareholders of record as of the close of business on May 12, 2014. The Board of Directors has also announced a seven-for-one stock split. Each Apple shareholder of record at the close of business on June 2, 2014, will receive six additional shares for every share held on the record date, and trading will begin on a split-adjusted basis on June 9, 2014.
- Apple earnings: $46B in revenue, 43 million iPhones sold 13 hours ago The Apple Blog
Apple on Wednesday reported second-quarter revenues of $45.6 billion and profits of $10.2 billion. It sold 43 million iPhones and 16 million iPads.
- Move over Xbox Kinect, Siri might be coming to Apple TV 14 hours ago The Apple Blog
It's about time Siri learned a new trick and it may come in the form of Apple TV support. Code snippets in iOS 7.1 suggest that Siri could help you find new television content or change the channel for you.
- Another day, another ridiculous cloud storage deal 18 hours ago The Apple Blog
iDrive is now offering iPhone and iPad users 100GB of storage for 99 cents. For the year. Meanwhile, 50GB worth of Apple iCloud weighs in at $100 per year.
- Viber launches new polished apps for iOS 7 and BlackBerry 10 19 hours ago The Apple Blog
Viber's new look for iOS 7 isn't just cosmetic. It's added a handful of new features such as multi-photo messaging and block lists. It's also finally supporting BlackBerry's latest OS.
- Truecaller brings universal caller ID to iOS through a workaround 2 days ago The Apple Blog
Truecaller, the Swedish reverse-lookup phone directory, has expanded its Live Caller ID feature to its iOS app, allowing users to quickly look up unknown numbers from the home screen.
- Apple Outlines Progress of Environmental Efforts 2 days ago Apple Hot News
To coincide with Earth Day, Apple has launched an entirely new version of its Environmental Responsibility website. The site outlines how the company is reducing its impact on climate change, using greener materials, and conserving resources. A video narrated by Apple CEO Tim Cook explains that the philosophy behind the company?s green efforts is the same thing that drives everything Apple does ? the desire to do better. In a letter on the site, Lisa Jackson, Apple?s Vice President of Environmental Initiatives, concludes, ?At Apple, we continue to put nature at the center of our business and design principles. We promise to keep you updated on our journey.?
- Why can Nike dump the Fuelband? With friends like Apple, it doesn?t need its own hardware 2 days ago The Apple Blog
By making Nike hardware and Apple hardware one and the same, Nike not only gains a huge installed user base, but Apple gets a user-facing feature no other handset maker can match: fitness from a world famous fitness company.
- Next-Generation Hearing Aids Tune In to iPhone 2 days ago Apple Hot News
Re/code writes about the benefits of Made for iPhone hearing aids for people such as 29-year-old Dusty Dorey, who enjoys visiting his local pub where his hearing aid automatically compensates for the noise levels inside. The article describes the built-in accessibility features in iOS that allow people with hearing loss to enjoy listening to music or conversing with Siri. Dorey tells Re/code, ?I didn?t think about it until I turned on turn-by-turn navigation and it started going into my hearing aids. Having it pipe directly into your ears is awesome.?