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."
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.
U.S. Cellular will begin testing Voice over LTE service with users in a handful of markets this year. Speaking at the Citi 2015 Internet, Media and Telecommunications Conference on Tuesday, CEO Ken Meyers said that in 2015 the company will focus on finishing its LTE rollout and will begin a VoLTE user trial in "two or three" markets.
Research firm IDC expects total smartphone shipments of nearly 1.3 billion units in 2014, which would indicate a 26.3 percent increase over 2013. However, IDC thinks growth will slow in 2015 down to 1.4 billion units, or a 12.2 percent year-over-year growth rate.
T-Mobile US is offering discounts on Apple iPhones as part of a Cyber Monday promotion, essentially giving customers money off more expensive iPhones with larger amounts of memory.
Verizon Wireless), AT&T Mobility, Sprint, T-Mobile US and U.S. Cellular have unleashed a bevy of deals on smartphones, tablets, wearable devices and accessories this week to drive store traffic and online sales ahead of Black Friday, the traditional start of the holiday shopping season after Thanksgiving.
BlackBerry really wants former BlackBerry users who switched to the iPhone to give the company another chance. The smartphone maker is offering up to $550 if customers trade in their iPhone for a new Passport smartphone.
Apple is on track to sell a record 71.5 million iPhones in the fourth quarter of 2014, according to estimates from one financial analyst. However, analysts in general are divided over how long demand will last for Apple's new iPhone 6 and 6 Plus.
U.S. LTE subscribers are using almost twice as much data on average than their 3G counterparts, according to a new report from mobile analytics firm Mobidia. The company's research also found that Verizon Wireless and Sprint subscribers are using more LTE data than customers of AT&T Mobility and T-Mobile US.
Users of Apple's new iPhone 6 and 6 Plus are getting an early holiday present from Netflix: The subscription video on demand provider is making much of its content, including original series, available on the smartphones in 1080p resolution.