Apple broke quarterly records with $10.7 billion in profit and $49.6 billion in revenue, compared to $7.7 billion in profit and $37.4 billion in revenue in Q3 of 2014. Its gross margin was 39.7 percent. These results easily beat Apple's guidance for the quarter, which predicted revenue between $46 billion and $48 billion and profit margins between 38.5 and 39.5 percent.
Speaking during the company's third quarter results call, Cook said that Apple is preparing to expand channel availability, hinting at an increase in points of sale and/or inventory.
"We're convinced that the Watch is going to be one of the top gifts of the holiday season," Cook said.
Every quarter, Apple CEO Tim Cook talks to financial analysts for a little while after the company’s earnings are announced. This quarter was no different. Presented here, a transcript of everything Cook said on the call.
There should be a unit of sales for products whose sales you're bragging about but not disclosing. Let's call it a Kindle.
— Harry McCracken (@harrymccracken) July 21, 2015With all the effort and expense it takes to attend a concert, a smart person makes the most of it—starting far before the concert happens and extending well after the final encore. In this column, you’ll learn how to use your Mac to milk every last drop of enjoyment from your concert experiences.
“As a twenty-something, we are all constantly combating the impulse to just eat-out or pick something up,” Homan told Boston.com. “But Tender gets you psyched about the prospect of making food, and it makes it easy to do so.”
The app provides users not just with an endless scroll of the Internet’s food porn, but also their corresponding recipes.
Testers running Apple's fourth iOS 9 beta, currently for developers only, are able to access the iOS App Store as usual, but no longer have the ability to post reviews. Attempting to do so now results in an error pop-up that reads, "This feature isn't available. You can't write reviews while using a prerelease version of iOS."
Don't feel like making choices today? Easy. Setup your vacation responder like this: pic.twitter.com/MvTNc7pAmB
— Oscar Godson (@oscargodson) July 21, 2015Five hours later, Charles got a call from an Apple rep claiming that Tim Cook personally asked her to call about his photo order—and bumped his order delivery date up to Wednesday, July 22.
What was the secret to Apple’s success? As the map above suggests, part of the recipe was Apple's tendency to try things out over and over again and let its ideas evolve in a better direction -- like it has also done with its products.
The FTC has launched an investigation into Apple’s dealings with competing music streaming services in its App Store, according to multiple sources. The investigation is targeting Apple’s 30 percent fee charged to subscription services who sign up new users through the App Store.
If you use Spotify, it knows what you like and what you don’t like. It knows you like alt-rock, that you love the country songs you claim you hate, and that for all the game you talk, you never listen to that deep-cut Dylan record.
To prove it, Spotify is introducing a new feature today called Discover Weekly. It’s a completely personalized playlist (updated, you know, weekly) full of songs Spotify is pretty sure you’re going to want to hear. Some hits, some new stuff, that Foreigner song you’ve never been able to get out of your head. My first 29-song list has a little more girl-pop than I might have picked—but I’m digging it.
A new study from Northwestern Univ. proposes cell phones may be great monitors for depression, and researchers are in the midst of exploring how mobile apps can be used to treat the mood disorder.
This confuses me on an almost daily basis. pic.twitter.com/ibIGEoYrET
— Steven Frank (@stevenf) July 21, 2015Thanks for reading.