Apple Watch to start shipping from April: Tim Cook

Apple Watch will go on sale from April, revealed Apple CEO Tim Cook during a conference call. The company reported all-time record revenue of $74.6 billion with a record net profit of $18 billion in their earnings for the financial year Q1 2015 that ended December 27, 2014.

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Apple reports record $74.6 billion revenue in FY Q1 2015, record 74.5 million iPhones sold

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Apple has reported all-time record revenue of $74.6 billion with a record net profit of $18 billion in their earnings for the financial year Q1 2015 that ended December 27, 2014. Revenues were up 30% and earnings up 38% year-over-year. The international sales in this quarter is 65% of the quarter’s revenue, up 5% up compared to last quarter. Apple sold a record 74.5 million iPhones, compared to 23.4 million over last year, representing 46% growth, 21.4 million iPads, compared to 26 million year-over-year and 5.5 million Macs during the quarter. Continue reading “Apple reports record $74.6 billion revenue in FY Q1 2015, record 74.5 million iPhones sold”

Apple Watch battery to give upto 4 hours of active use: Report

Details about battery life of the Apple Watch has been revealed in a new report from 9to5Mac. The report states that the upcoming Apple Watch may last for about 2.5 hours of heavy use and 3.5 hours of standard app use.

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Apple CEO Tim Cook received $9.2 million in fiscal 2014

Apple CEO Tim Cook received a hefty bonus of $9.2 million in the fiscal year 2014. As per the company filing, Cook took 1.75 million in salary and 6.7 million in non-equity incentive plan compensation.

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Apple to increase UK and Europe app prices

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Prices for content and applications in Apple’s App Store in the UK and Europe are to rise this week as Apple compensates for currency fluctuations and changes in taxation rates. The Cupertino company sent a message to Apple Developers on January 7th outlining that the prices would rise in all European Union countries along with Canada but will drop in Iceland. Continue reading “Apple to increase UK and Europe app prices”

Apple smashes App Store sales record

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Apple has started 2015 with a bang as the company announced it broke its own record for weekly App Store sales in the first week of the year. As noted by Street Insider, Apple sold nearly $500 million worth of apps and in-app purchases in the first week of 2015 with its sales on New Year’s Day also breaking the record for sales in a single day. Continue reading “Apple smashes App Store sales record”

Monster sues Apple’s Beats over stealing headphone technology

Apple’s Beats has been sued by audio-equipment maker Monster over stealing headphone technology. The company says that it had played an important role in design and engineering the popular headphones.

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Apple UK market share hits record high

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Shortly after the global launch of the iPhone 6, Apple called its latest smartphone the greatest yet and according to recent figures, this has translated into sales and a noticeable improvement in Apple’s UK market share. Kantar Worldpanel Comtech report that strong sales of the iPhone 6 and iPhone 6 Plus resulted in Apple’s market share reaching 42.5 percent in November. Continue reading “Apple UK market share hits record high”

Apple starts selling unlocked iPhone 6 and iPhone 6 Plus in the U.S

Apple will start offering unlocked or sim free version of  iPhone 6 and iPhone 6 Plus in the U.S from today, according to a new report from 9to5Mac.

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Apple sued for misrepresenting iOS 8 storage claim

Apple is facing a class action lawsuit over the storage space issue on iOS devices. The company has been accused of misrepresenting the phone’s storage capacity after users upgrade to the new iOS 8 operating system on iPhone 5S, 6 and 6+ devices.

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Apple patents ‘Smart Pen’ that can detect hand movements

Apple has been granted patents for a stylus design that is capable of detecting hand movements. The ‘Smart Pen’ would use accelerometer sensors, device storage and wireless transmission to send handwritten notes from the stylus to a digital display.

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