Apple posted a blowout holiday quarter with sales of 74.5 million iPhones and $18 billion in net profit. The results were way above forecasts from most Wall Street analysts. "We'd like to thank our customers for an incredible quarter, which saw demand for Apple products soar to an all-time high," said Tim Cook, Apple's CEO. "Our revenue grew 30 percent over last year to $74.6 billion, and the execution by our teams to achieve these results was simply phenomenal."
"Satisfaction guaranteed or your money back!" is not the kind of thing you see in many of the descriptions in Apple's App Store, but that's okay--the company has decided to make that promise on its European developers' behalf.
Apple likely sold more iPhone units in China in its most recent quarter than it did in the United States, according to a Financial Times report. If the report proves accurate, this would be the first time iPhone sales in China have outpaced those in the U.S. market.
Samsung Electronics and Apple remained the top semiconductor buyers in 2014, representing a combined semiconductor demand of 17 per cent, according to Gartner.
App developers love giving more to their customers--more features, more levels in a mobile game, more titles to choose from--but it's unlikely any of them wanted to increase the amount they tax them for their purchases. On Jan. 1, however, the European Union introduced a value-added tax (VAT) aimed specifically at sellers of "digital goods," including app developers.
Earlier this month, Marco Arment, an iOS developer based out of Westchester County, N.Y., posted something that will probably end up proving far more viral than any app he or most of his peers will make. It was a post about Apple.
After two years of failed negotiations, Apple and Ericsson are taking their patent-licensing disagreement to the courtroom--at the heart of the argument is the amount of money Apple believes it should pay to Ericsson to use Ericsson's technology in its iPhones and iPads.
A new survey of Internet users across the globe shows that 9 percent of respondents reported owning a smart watch. The results indicate either tepid interest in the devices (if you're a pessimist) or a market that remains wide open for competitors to enter (if you're an optimist).
Apple is not immune to global currency fluctuations. Last week it changed the prices of mobile apps in multiple markets, including Canada and Europe. The move marks perhaps Apple's most concerted push yet to counteract currency changes.
Most companies wait until the end of the year to announce their biggest successes, but Apple decided to kick off 2015 with news developers were equally eager to share: a sharp rise in App Store sales of 50 percent.