Apple Pay Launches Tomorrow – Are You Ready?

Apple’s payment system, Apple Pay, will launch tomorrow alongside iOS 8.1, the first major update to iOS 8. Apple Pay has the ability to forever change how payments are made. With incredibly advanced levels of encryption and data security, Apple Pay is set to go live at McDonalds, Macy’s, Panera, Office Depot, Subway, Wegmans, Toys R Us, Walgreens, 140909-apple-pay-1353_2a1830b9830f65b7f9d1f2b5a1a321b2Disney, among others.

If you have a shiny new iPhone 6, be sure to try it out, starting tomorrow!

Advertisements

What to Expect from Today’s Event

Today, in just a mere few hours, Apple CEO Tim Cook with take the stage at the Flint center, the auditorium where 30 years ago, legendary co-founder Steve Jobs unveiled the original Mac. What will we see?

First off, Apple is widely rumored to be developing a wearable device, the I watch. Apple hopes its watch is the answer to its innovation question. Does the company still have it’s magic? We’ll find out today.

Second, we anticipate to see Apple’s latest and greatest iPhone, the iPhone 6. The device will come in two flavors – a 4.7 and 5.5 inch screen. The new device is reported to boast a faster A8 processor, new sapphire screen, improved Touch ID, iOS 8, among other features. That’s to name a few.

Third, the iPad Air 2 is expected to make a debut this year.although we don’t know much about it yet, we’re eagerly anticipating it. It is expected to sport Touch ID 2. The next gen iPad Mini has not made much news.

Ok, that’s a quick recap of the soon-to-be event. Check back throughout the day for more news and announcements. We’ll be bringing you information as we learn them.

Update: the apple online store is down in anticipation for the event.

Notes from Apple Quarterly Earnings

Notes from Apple’s Quarterly Earnings

20131022-162209.jpg– 4.8 Million Macs Sold in Fiscal Quarter One
– 80% of all iOS users are now on iOS 7, making it the most popular mobile OS in the world.
– Apple remembered Mac’s 30 Year Anniversary last week
– $4.4 Billion made from iTunes
– iTunes hit new records
– App Sore passed 65 Billion Downloads
– 130,000 Chinese Apps
– $7 Billion from Apple Stores (Record)
– 4 New Stores Opened
– 166 Stores OutSide USA
– Average Revenue was $16.7 Million/store
– iBeacons Rolled Out in Quarter One
– Apple has $158.8 Billion in Cash

20131112-221645.jpg

Apple Reports Quarterly Earnings

Apple today announced its quarterly earnings.   The conference call officially begins at 5:00 EST/2:00 PST.  Listen live here.  We will bring you updated news as time progresses.  The company had a record breaking quarter.

AppleYearIn Review

Quarter 1 accounts for the holiday season, the most important quarter of the year.  Apple also reached a multi year deal with China Mobile in late 2013.

Apple’s Quarterly Earnings

iPhone and iPad Sales Drive Record Revenue and Operating Profit

CUPERTINO, Calif.–(BUSINESS WIRE)–Apple® today announced financial results for its fiscal 2014 first quarter ended December 28, 2013. The Company posted record quarterly revenue of $57.6 billion and quarterly net profit of $13.1 billion, or $14.50 per diluted share. These results compare to revenue of $54.5 billion and net profit of $13.1 billion, or $13.81 per diluted share, in the year-ago quarter. Gross margin was 37.9 percent compared to 38.6 percent in the year-ago quarter. International sales accounted for 63 percent of the quarter’s revenue.

“We love having the most satisfied, loyal and engaged customers, and are continuing to invest heavily in our future to make their experiences with our products and services even better.”

The Company sold 51 million iPhones, an all-time quarterly record, compared to 47.8 million in the year-ago quarter. Apple also sold 26 million iPads during the quarter, also an all-time quarterly record, compared to 22.9 million in the year-ago quarter. The Company sold 4.8 million Macs, compared to 4.1 million in the year-ago quarter.

Apple’s Board of Directors has declared a cash dividend of $3.05 per share of the Company’s common stock. The dividend is payable on February 13, 2014, to shareholders of record as of the close of business on February 10, 2014.

“We are really happy with our record iPhone and iPad sales, the strong performance of our Mac products and the continued growth of iTunes, Software and Services,” said Tim Cook, Apple’s CEO. “We love having the most satisfied, loyal and engaged customers, and are continuing to invest heavily in our future to make their experiences with our products and services even better.”

“We generated $22.7 billion in cash flow from operations and returned an additional $7.7 billion in cash to shareholders through dividends and share repurchases during the December quarter, bringing cumulative payments under our capital return program to over $43 billion,” said Peter Oppenheimer, Apple’s CFO.

Apple is providing the following guidance for its fiscal 2014 second quarter:

• revenue between $42 billion and $44 billion

• gross margin between 37 percent and 38 percent

• operating expenses between $4.3 billion and $4.4 billion

• other income/(expense) of $200 million

• tax rate of 26.2 percent

Apple will provide live streaming of its Q1 2014 financial results conference call beginning at 2:00 p.m. PST on January 27, 2014 at www.apple.com/quicktime/qtv/earningsq114. This webcast will also be available for replay for approximately two weeks thereafter.

Mac Turns 30 Today

Happy Birthday, Mac!
20140124-084407.jpg

Thirty years ago today, Steve Jobs, just 29 years old, took to stage in an event that would define his career forever.  On January 24, 1984, Jobs unveiled the Macintosh, a computer which would revolutionize the industry forever.

Jobs’ device took years of work and the perfectionist would not stop until his product was perfect.  His love of perfection and minimalism defined who he was and revolutionized countless industries.

Today, the Mac lives on, a revolutionary machine, in various forms.  Customers can purchase a MacBook Pro with Retina Display, MacBook Air, Mac Mini, iMac, or the newly redesigned Mac Pro.

Apple today changed its homepage to commemorate the thirty year anniversary.  Various celebrations are also being held today and this weekend around the globe.

Feel free to enjoy the video below, a historic event and landmark in  tech industry.

Briefly: iPhone Sales may have topped 60 Million in Holiday Quarter

Rumors hint that Apple sold over 60 Million iPhones in the holiday quarter of 2013.  This would be a record breaker for Apple and does not include any iPhones sold with China Mobile, which Apple partnered with in late December.  This could be almost 16% increase over the 2012 holiday quarter.

Apple is expected to announce its quarterly earnings next week.  AppleRumors.NET will bring you up-to-date information then. 20130919-111358.jpg