Category: Apple

  • Apple Reports Record Q3 2015 Results

    Apple Reports Record Q3 2015 Results

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    Apple has just announced financial results for its fiscal 2015 third quarter (ended June 27, 2015). The company posted quarterly revenue of $49.6 billion and quarterly net profit of $10.7 billion. These results compare to revenue of $37.4 billion and net profit of $7.7 billion in the year-ago quarter.

    In the Q3 2015 Apple sold:

    • iPhone: 47 million units (35 mln in Q3 2014)
    • iPad: 10.9 million units (13 mln in Q3 2014)
    • Mac: 4.7 million units (4.4 mln in Q3 2014)

    Revenue by product:

    • iPhone: $31.3 b
    • iPad: $4.5 b
    • Mac: $6 b
    • Services (iTunes, AppleCare, Apple Pay, licensing and other services): $5 b
    • Other products ( Apple TV, Apple Watch, Beats Electronics, iPod and Apple-branded and third-party accessories): 2.6 b

    Gross margin was 39.7 percent compared to 39.4 percent in the year-ago quarter. International sales accounted for 64 percent of the quarter’s revenue.

    According to Apple, “the growth was fueled by record third quarter sales of iPhone and Mac, all-time record revenue from services and the successful launch of Apple Watch.”

    “In the third quarter our year-over-year growth rate accelerated from the first half of fiscal 2015, with revenue up 33 percent and earnings per share up 45 percent,” said Luca Maestri, Apple’s CFO. “We generated very strong operating cash flow of $15 billion, and we returned over $13 billion to shareholders through our capital return program.”

    Apple’s board of directors has declared a cash dividend of $.52 per share of the Company’s common stock. The dividend is payable on August 13, 2015, to shareholders of record as of the close of business on August 10, 2015.

  • Apple’s CEO Tim Cook Says Chinese Tastes Considered in Apple Product Designs

    Apple’s CEO Tim Cook Says Chinese Tastes Considered in Apple Product Designs

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    Apple’s CEO Tim Cook recently admitted that Apple takes into account Chinese consumer tastes as it designs its products. He further revealed that Apple considers details such as color palettes that are specifically tailored to suit local tastes.

    The decision to include a gold iPhone last year for instance was a bold statement of inclusion of its Chinese customer’s tastes where gold is a favorite. Greater Chine, which includes Hong Kong and Taiwan, is now Apple’s 2nd largest market and it is also a battleground for the American company as it faces stiff competition from Xiaomi Corp. and Samsung Electronics.

    Tim made this comments last month during a tour to China where he was visiting the company’s largest store worldwide in eastern city of Hangzhou. Tim also commented on the Apple Watch saying that it had already had a promising start having attracted more developer interest than the earliest iPads and iPhones had. Developers are developing more than 3,500 apps for the wearable and that is far ahead of the 500 apps available for the iPhone (2008 edition) and the 1,000 apps for the 1st iPad back in 2010, he added.

    Apple is still silent on the initial sales for the watch, which is considered its first truly new product after the death of co-founder Steve Jobs. It is also seen as a key test on Tim’s ability to shape the company’ products.

  • All the new features in iOS 9

    All the new features in iOS 9

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    Apple has finally unveiled the much awaited iOS 9. This new soon to be launched operating system is more intelligent and packed with improved privacy and Siri features. The system also features new multi-tasking features that’s specifically designed to allow iPad users to simultaneously work with 2 apps, side-by-side.

    The new iOS also comes with picture-in-picture feature that allows one to browse the web, compose an email, or use any other app while watching a video.

    More so, the built-in apps become more powerful with this new operating system. You will therefore encounter a redesigned Notes app that allows for easy capturing of ideas, an all-new News app that allows for easy access and reading of the news, together with detailed transit information in Maps.

    A detailed look into iOS 9 Features is available below:

    Siri is Pre-loaded with an all new Super-Effective Design

    Siri becomes more intelligent with iOS 9 as it provides for new ways to search videos and photos together with contextual reminders. Proactive assistance provides you with the most relevant info without compromising your own privacy. Your usage patterns allow iOS 9 to automatically suggest the apps to launch or the people to contact even before you start typing. You will also be notified when to leave for appointments, taking into account the traffic conditions at the time. Typed queries will deliver even more precise and accurate results than ever before.

    Slide Over feature for your iPad

    The Slide Over feature allows you to work on a second app without leaving the first with a simple swipe. A quick tap will give you access to the new Split View feature. The Picture-in-Picture feature allows you to continue watching a video or go on with your FaceTime call and still get to use your favorite apps. A new Shortcut Bar also provides for easier and faster typing.

    More Support for the Built-in Apps

    You now get even more support and functionality with the built-in apps. For instance, Maps features more precisely mapped subway station entrances and exits together with metropolitan schedules and transit systems. A Nearby feature in Maps will quickly find the nearest shopping mall or restaurant.

    The Notes app is also completely redesigned to allow you to easily create checklists, draw a quick sketch with your finger, or snap a photo directly to your note. You can as well easily save important items from other apps directly to your note. Keep them synced across all devices using iCloud.

    The News app on the other hand delivers a rich reading experience using an immersive design of a print magazine and the interactivity of digital media. The app will quickly learn your interest and suggest relevant content for you.

    Apple Pay also receives support for Discover. It also issues rewards for merchant programs such as Kohl’s Department Stores and Walgreens. The Wallet app allows for easy management of store-issued debit and credit cards. Apple Pay will be available to UK users starting July, 2015.

    Availability

    The iOS 9 SDK and beta software are available for iOS Developer Program members. The beta program will be available for public use starting July, 2015. iOS 9 is however set to launch this fall as a free software update for iPad mini and later, iPad 2 and later, iPod touch 5th generation, and iPhone 4s and later. Some features may only be available for certain regions only.

  • Everything you need to know about Apple’s OS X El Capitan

    Everything you need to know about Apple’s OS X El Capitan

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    Apple has finally announced the OS X El Capitan – the latest operating system for Mac. El Capitan features improved Spotlight search with natural language enhancements, new versions of multiple stock apps, including Mail, Notes, and Safari, together with Metal for Mac and other refinements and features that Apple announced at WWDC.

    Here’s a deeper look into the OS X El Capitan features:

    Mail: The OS X El Capitan Mail app comes with enhancements for its full-screen mode and ability to hide in-progress messages. The OS also features enhanced tabs on the compose window. Delete or archive messages with a gesture enabled swipe feature.

    Safari: The new enhanced Safari browser comes with a pinned feature that allows you to easily and quickly keep most important websites at the top of Safari. You can as well mute websites that are playing music without having to close them down.

    Metal for Mac: Metal for Mac combines the graphics power of OpenGL and the computing power of OpenCL to form a new API that does both. This therefore means you will need 40% less CPU processing power for graphics and still have 50% rendering improvement with the new system. Metal for Mac also promises improved graphics and better battery life.

    Spotlight: The OS X El Capitan Spotlight search has been significantly improved with contextually aware search results and natural language enhancements.

    Availability

    A preview of the OS X El Capitan is already available for Mac Developer Program members. However, the final version will be available for free this fall in Mac App Store. A public beta version is going to be available starting July, 2015.