Apple CEO Tim Cook reiterated what he is has been saying for months: that Apple will enter a new product category this year. The biggest and most likely bet is that Apple will get into wearable computing with some kind of smart watch, though Apple observers have also been speculating (for years) about an expanded TV offering.
Apple said it sold a record 51 million iPhones during its most recent quarter, which covered the critical holiday shopping season. Apple's iPhone sales figure was slightly lower than what an average of analysts expected. Apple also reported quarterly revenue of $57.6 billion and quarterly net profit of $13.1 billion.
Apple is working on two iPhone models with larger screen sizes than the current 5s and 5c models, according to a Wall Street Journal report, the latest to indicate that Apple is thinking of increasing the screen size of its phones to compete with large-screen devices from Samsung Electronics, Nokia, LG Electronics, HTC and others.
A small sliver of LTE users worldwide, just the top 0.1 percent, are consuming more than half of all LTE downlink data, according to a new research report from network technology firm Arieso. The study, taken together with past trends from previous reports, indicates that a small slice of high-bandwidth consumers are hogging most of the world's data usage, even more than in the past.
Apple's main iPhone supplier Foxconn shipped 1.4 million iPhone 5s units to China Mobile last week, according to the Wall Street Journal, in anticipation of China Mobile's Jan. 17 launch of the iPhone for the first time.
U.S. Cellular, still reeling from a troublesome billing conversion, issued $50 million worth of what it calls "reward points" to its customer base to make up for the problems. The reward points are basically customer credits that can be redeemed for free handsets and accessories, and their issuance will impact the carrier's fourth-quarter profitability and will sit on its balance sheet as a liability.
Although Apple is the world's No. 2 smartphone maker and, for now, the most popular U.S. smartphone producer, the company's position could be eroded as carriers in developed markets shift away from providing handset subsidies, according to a financial analyst.
After years of negotiations, Apple fnally inked a deal with China Mobile to bring its iPhones to the world's largest carrier starting Jan. 17. The agreement is expected to significantly expand Apple's business in the world's biggest smartphone market.
China Mobile officially launched TD-LTE service Wednesday, as had been expected. However, the company has still not announced a deal with Apple to support the company's iPhones on its network, an announcement that had been expected alongside China Mobile's network launch.
Some U.S. Cellular customers are still experiencing billing issues and have not cleared up disputes that led to disconnected phones and unexplained charges as a result of the carrier's billing system transition. However, a top company executive said the company has made significant progress in clearing up the issues.