Apple withholds smartwatch sales data
All eyes turned to Apple this afternoon as the world's most profitable tech company announced the first full quarterly results that include its smartwatch. You could hear a collective pin drop across the Internet as U.S. stock markets closed and everyone waited wondering: Flop or Not?
We don't know. In the press release, CEO Tim Cook refers to the "great start for Apple Watch", but there's no data in the PR or in the 8-K filing with the SEC. The device fits into the "Other" category. During Cook's earnings conference call opening remarks hard data also is lacking.
Apple Q3 2015 by the numbers: $49.6B revenue, $1.85 EPS
After the closing bell today, Apple announced results for fiscal third quarter, which largely is congruent with calendar Q2 (End date, April 27). Broadly: $49.6 billion in sales, $10.7 billion net income, and $1.85 earnings per share. Year over year, revenue rose 33 percent and EPS by 45 percent. Apple guidance before the big reveal: Between $46 billion and $48 billion revenue. Wall Street consensus was $49.31 billion sales and $1.81 EPS. The Street's estimates ranged from $46.9 billion to $53.64 billion.
Gross margin reached 39.7 percent compared to 39.4 percent annually and 40.8 percent sequentially. Company guidance: 38.5 percent to 39.5 percent. Once again, international sales accounted for most of the quarter's sales: 64 percent, which is up from 59 percent the previous year but down from 69 percent three months earlier.
Apple might ditch the 16 GB option from upcoming iPhone lineup
When Apple announced the new storage sizes for the iPhone 6 and 6 Plus, a lot of customers were bummed that the 32GB option did not replace the 16GB option. It essentially forced anyone who used a fair share of apps to buy the 64GB model.
Thankfully, Apple might be planning to change this with the iPhone 6s and 6s Plus. According to MIC Gadget, Apple will make the 32GB model the standard, with 64GB and 128GB for those that want to use all of the storage of music, movie and photo files.
Apple Watch leads the smartwatch market
Apple will release its Q3 FY2015 earnings report later today, revealing just how well its products have performed in the second quarter of the year. The star of the show will likely continue to be the iPhone line, while iPads are expected to disappoint once again. But what about its most-recent endeavor, Apple Watch?
Apple has been relatively quiet so far. There are no official figures of any kind yet, and there is no guarantee that the company will reveal any concrete information surrounding its smartwatch today. There is, however, an estimate from analyst company Canalys, which places Apple at the top of the wearable vendors list.
5 things I like about Apple Watch
In another universe, I don't own Apple Watch. Either LG Watch Urbane or Moto 360 adorns my wrist. But in this one, I not only sold my soul to the bitten-fruit logo company but I grew to enjoy the servitude. Thirty-three days after purchasing the smartwatch, I can express satisfaction, even if sometimes muted, with the user experience.
I prefer Android Wear for its fantastic contextual utility, but find greater overall usability and positive emotional response from living with Apple Watch. As expressed in the previous post, I suspect that returns rates may be high for this device—at least compared to others that Apple produces. The real measure of any product's success is: 1) Did you keep it?; 2) Do you use it?; 3) Do you enjoy it?
Did you buy and return Apple Watch?
Apple announces on Tuesday quarterly results that will for the first time include its wearable. Already, ahead of the big day, speculation soars about Apple Watch sales. Expect drama for sure, as CEO Time Cook explains how supply shortages constrained availability, leaving investors with more questions than answers.
I am more interested in data the company likely won't reveal: return rates. I took back two. The first: I ordered online but sales started, after long delay, in the retail store before the device arrived. Rather than wait another week, I bought there and later returned the other, which the shop specialist sold seconds afterwards to a family that had come in looking for Apple Watch only to be told the Sport sold out. The second: A week later, I exchanged the aluminum timepiece for stainless steel. How many other people returned one for another because of taste or altogether because of dislike? The measure of Apple Watch success is percentage of returns.
Apple Music won’t work with your iPod Nano or iPod Shuffle -- not even offline
Apple has made a few big announcements lately, not least of which is the launch of its streaming service, Apple Music. Even more recently came an update to the iPod line including options at the cheaper end of the scale -- the iPod Nano and iPod Shuffle. But if you were thinking about offsetting the cost of an Apple Music subscription with a low-cost iPod, you might want to think again.
Of course the main stumbling block to lack of Apple Music support is the absence of Wi-Fi on the two devices which knocks the idea of streaming on the head. But even if you have an iOS device with an Apple Music subscription, you'll not be able to take advantage of the offline listening option on your Shuffle or Nano. What gives?
Apple Pay users could be fined if their battery runs out on the train
Apple Pay caused ripples of excitement when it was announced, and just the other day it found its way across the ocean to the UK. The contactless payment method transforms iPhones and Apple Watches into cardless way to pay for low-cost items with little more than a tap.
But if you plan to use Apple Pay to pay for travel by bus, tram, or train in London, it may not all be plain sailing. Using a phone or watch to make a payment is supposed to make life easier, but it could also result in a fine. Transport for London has issued a warning to travelers pointing out that if their battery dies, their journey could prove expensive.
If iOS crashes, don't pay these scammers to get it fixed
There’s a new-old elaborate scheme going around the English-speaking world, and this one targets Apple users and their wallets.
According to a report by The Telegraph, iPhone and iPad users in the US and the UK have started getting pop-ups on their devices, telling them the iOS had crashed and that they need to call support in order to fix the problem.
US consumers losing interest in smartphones, but Microsoft 'delights'
Despite the introduction of some impressive smartphones in the past year it appears that the market is showing signs of contracting in the US.
According to a new report from Argus Insights, following a strong holiday season, US smartphone demand in Q2 (ending June 30 2015) dropped steadily and is down 8 percent compared to June 2014. While Samsung and Apple remain the top smartphone brands, Samsung appears to have failed to woo consumers with its two new flagship devices, the Samsung Galaxy S6 and S6 Edge.
Apple's App Store is host to 1.5 million titles
Apple’s App Store has passed another huge milestone, 1.5 million total apps.
It is an enormous amount of active projects on one platform, considering Apple’s Mac OS X store only has 25,000 apps. The only platform to rival iOS is Android, which has a large app library but lower revenue.
Think the iPod is dead? Apple disagrees, revamps range with new colors, and 'best iPod touch yet'
There has been talk over the past few days that Apple was planning to release updated iPods, and today the rumors are proved correct. As well as a new lineup of colors for all iPod models, including space gray, silver, gold, pink and blue, Apple has unveiled what it’s calling "the best iPod touch yet".
The new iPod touch features the same A8 chip as in the iPhone 6, delivering 10x faster graphics performance, an 8 megapixel iSight rear camera, and improved FaceTime HD front camera for selfie lovers. Fitness tracking is improved too thanks to the inclusion of the M8 motion coprocessor.
'Hey, Siri, play the sound of farts'
Apple Music can be used for more than just streaming songs to your iPhone or iPad. It can also be used to play sound effects. Who hasn’t wanted to have their endeavors greeted by a round of applause, or their jokes met with howls of hysterical laughter?
Sure, you have to summon Siri to use the trick, which reduces the spontaneity somewhat, but there’s still plenty of fun to be had.
Apple owns the smartphone market
There are over 1,000 smartphone manufacturers in the world, but Apple is still taking the lion’s share of profit from the smartphone industry. A report from Canaccord Genuity claims Apple took 92 percent of all profit in Q1 2015, with Samsung the only other manufacturer hitting 15 percent profit.
This is a big worry for the industry as a whole and shows how volatile the smartphone business is for new and old manufacturers. The report does not include private companies, meaning upstarts like Xiaomi and Micromax -- two of the most interesting manufacturers -- are not relevant in the discussion.
FTC could probe Apple Music over legality of 30 percent cut from streaming rivals
The launch of Apple Music has been one of the most controversial for some time. After complaints about the free trial period not generating income for record labels -- a problem seemingly sorted out by the intervention of Taylor Swift -- attention turned to how little the music streaming service paid artists the rest of the time.
Now Apple has a new problem, bringing Apple Music into the limelight for the wrong reasons once again. The Federal Trade Commission is currently considering whether to probe the company for antitrust violations. Reuters reports that the FTC could be on the verge of launching an investigation into the legality of the 30 percent cut Apple takes from other streaming music services such as Spotify.
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