It’s not just AAPL stock that’s up – its suppliers are also reaping the benefits
Apple’s decent Q3 results and – especially – its Q4 guidance have seen its stock climb to an all-time high as of this morning’s opening. It opened at $159.68, more than 6% up on yesterday’s close as the company predicted strong sales in Q4 …
The Skype iOS app now allows you to send money thanks to PayPal partnership
Messaging apps these days aren’t just for sending friendly greetings – increasingly, you can also use them to send cold, hard cash. Or the electronic equivalent, at least.
Skype is the latest to join the trend of supporting peer-to-peer payments through a PayPal integration in the latest update to its iOS and Android apps …
AAPL stock opens up 6% at new all-time high following earnings beat and strong Q4 guidance
Apple surprised most investors yesterday with strong sales in the last quarter (fiscal Q3) and better-than-expected guidance for the next three months, signalling the company’s confidence in the upcoming iPhone cycle. AAPL stock opened up more than 6% at $159, a new all-time high, with a market cap above 830 billion dollars … The company […]
By targeting the mid-market, Apple has struck gold with the $329 iPad
iPad sales have been declining for so long now that it was almost a jolt to finally see some good news for the tablet in Apple’s numbers. In the past quarter, iPad sales were not only up, but by a substantial margin: up 15% year-on-year. The stock market sent Apple shares soaring to new highs based at least partly on the news.
The company doesn’t provide any breakdown of models, but as analysts have noted, there was rather a large clue …
Plex brings Live TV and DVR support to Apple TV out of beta
Google Earth app update adds 64-bit support in time for iOS 11 cutoff, new 3D views
The Google Earth app is incredibly popular on iOS, with hundreds of thousands of reviews on the App Store, and the company has finally updated it to support 64-bit iPhone and iPad CPUs. This means the app can now run on iOS 11, which does not launch any 32-bit-only apps.
As well as much needed architectural compatibility, the update brings a redesign and several flagship new features, including Flyover-esque 3D views of major cities and ‘Voyager’ guided tours.
Comment: Apple’s guidance suggests iPhone 8 will go on sale in September, with constrained supply
I wrote yesterday that Apple’s Q4 guidance would give a big clue about iPhone 8 timing, but that it might not be easy to decode.
I said that one of the three possible scenarios would give the clearest steer: a guidance range significantly higher than normal for a ‘tock’ year. In that event, it would send a clear message that the iPhone 8 will go on sale in September, with at least enough availability to show up in the financials.
And that’s where I think we’re at, even if the numbers are not high enough to absolutely guarantee it …
AAPL’s Q3 call ‘one of the most bullish,’ say analysts, as stock hits $158 in pre-market
Apple’s Q3 financials seem to have been well-received, with AAPL stock sitting at $158 in pre-market trading at the time of writing – up more than 5% on yesterday’s close. The company reported revenue of $45.4b and sales of 41m iPhones, 11.4m iPads and 4.29m Macs.
Most analysts also seem pleased, with Macquarie describing the earnings call as “one of its most bullish in recent memory” – even if Barclays did sound a sour note …
Red to sell its ‘Red Raven’ camera bundle exclusively through Apple
Camera company Red today announced that it will make its Red Raven camera kit available exclusively at Apple retail stores and on Apple.com. The camera kit will be priced at $14,995.95 and includes a host of accessories and other goods.