Reporting at the tail-end of an inflationary surge and with the United States having just hit the dictionary definition of recession, Apple announced financial results for its third fiscal quarter of 2022: profits of $19.44 billion ($1.20 per diluted share) on revenues of $83.0 billion. Although the company’s revenues were up 2% compared to the year-ago quarter, its profits were down by 10%.
And yet, Tim Cook seemed relieved about the whole thing, given that Mac factories in the Shanghai corridor were basically shut down earlier on in the quarter. “We felt good, frankly, that we were able to, by the end of the quarter, get this back to where we were down 10 points.” Only down 10 percent? You should’ve seen the numbers a couple of months ago, friend!
This quarter has ultimately been a reflection of our resilience and our optimism. As we look forward, we’re clear-eyed about the uncertainty in the macro environment. Yet we remain ever focused on the same vision that has guided us from the beginning. We strive every day to be a place where imagination ignites innovation like nowhere else, where good people come together to achieve great things, where customers are the center of everything we do. And we’ll continue to execute on that vision, as we always have, led by a focus on excellence and a desire to lead the world better than we found it.
Based on the internal files of iOS 16 beta 4, 9to5Mac has found that the system wallpapers are now ready for this new always-on display mode. As we previously explained, iOS 16 no longer uses static images as wallpapers. Instead, the new wallpapers are multi-layered vectors rendered in real time.
Now, in addition to the regular vectors, the native wallpapers (such as the default one and the recently added clown fish wallpaper) also have a new state labeled “Sleep,” which has very dark and faded elements. Wallpapers in this state are quite similar to the Apple Watch faces with always-on enabled.
Each Beats Studio Bud will be adorned with Futura's signature atom motif in yellow, red, and white. That design will also appear on the black Beats Studio Buds case itself.
The new controller was created in partnership with Sony and inspired by the design of the PS5’s wireless DualSense controller, including transparent button faces.
Apple’s newest store in London opened this Thursday, July 28, in the city’s bustling Knightsbridge neighborhood, where UK customers and visitors from around the world celebrated with the 200-person-strong store team.
In letters to Apple CEO Tim Cook and Google CEO Sundar Pichai on Thursday, Sen. Sherrod Brown (D-OH) asked that the companies explain their processes in reviewing and approving crypto trading and wallet apps for download on their app stores. Brown’s inquiry follows a recently released FBI report warning that 244 investors have been scammed out of $42.7 million from fraudulent cryptocurrency apps claiming to be credible investment platforms in under a year.
As the U.S. Senate prepares to vote on the Respect for Marriage Act, the Human Rights Campaign (HRC) has mobilized 173 major businesses to sign a letter encouraging passage of the bill. Disney, Comcast NBCUniversal, Apple and Sony are among the businesses.
Weekend's here. I going to Swift Playground.
Thanks for reading.