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Tim Cook admits ‘prices are high’ for iPhones in India

timcook_ndtv Apple CEO Tim Cook made an uncharacteristic admission today in an interview with Indian news channel NDTV — that iPhones are too expensive. He immediately qualified it, and the context really is important, but it’s just one of those things you don’t hear very often. Read More

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Global smartphone market shrinks, year over year

Shrinking smartphone market Worldwide sales of smartphones declined year over year, from Q1 2015 to Q1 2016, according to figures from analyst Strategy Analytics, which it says is the first time in the history of what it dubs the “modern smartphone market” that this has occurred. Read More

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Why Apple’s stock fell off a cliff today

SAN FRANCISCO, CA - OCTOBER 22:  Apple CEO Tim Cook speaks during an Apple announcement at the Yerba Buena Center for the Arts on October 22, 2013 in San Francisco, California.  The tech giant announced its new iPad Air, a new iPad mini with Retina display, OS X Mavericks and highlighted its Mac Pro.  (Photo by Justin Sullivan/Getty Images) Apple took a more than $40 billion hit today after reporting its second-quarter earnings — and it was bleak. Shares of Apple were down more than 8 percent in extended trading at one point today. Things went about as poorly as you could expect: the company couldn’t hit revenue or earnings targets, iPhone sales fell off a cliff from the year-ago quarter and its third-quarter guidance… Read More

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Apple iPhone sees first YOY sales dip ever

iPhoneSEbottom For the first time in its history, the iPhone is experiencing a drop in sales. In 2015 at this same time, Apple sold 61 million units of the iPhone. This year, for the period ending March, Apple only sold 51.2 million units, representing a 16 percent YOY drop. This shouldn’t come as a surprise for most folks who know that we are close to (if not already at) peak iPhone levels. There… Read More

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Everything you need to know about Apple’s huge second-quarter miss

CUPERTINO, CA - MARCH 21:  Apple CEO Tim Cook speaks during an Apple special event at the Apple headquarters on March 21, 2016 in Cupertino, California. The company is expected to update its iPhone and iPad lines, and introduce new bands for the Apple Watch.  (Photo by Justin Sullivan/Getty Images) Okay folks, this is the big one. Last year the company brought in revenue of $58 billion — and it showed its first decline in 13 years by posting revenue of $50.6 billion for the second quarter this year, missing analyst expectations on its revenue and guidance by quite a bit. We’re parsing through all the details right now — here’s everything you need to know… Read More

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What to expect for Apple’s second-quarter results

CUPERTINO, CA - MARCH 21:  Apple CEO Tim Cook speaks during an Apple special event at the Apple headquarters on March 21, 2016 in Cupertino, California. The company is expected to update its iPhone and iPad lines, and introduce new bands for the Apple Watch.  (Photo by Justin Sullivan/Getty Images) Apple will report its second-quarter earnings, and all eyes are going to be on the company’s iPhone sales. That’s because the big question for Apple is going to be whether or not iPhone sales have hit a wall and that the company will see a year-over-year decline in revenue, marking a significant moment for the company which has traditionally steadily grown iPhone sales to generate… Read More

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With EmoWatch your Apple Watch knows if you are :) or :(

EmoWatch Siri is good for a lot of things, but she generally doesn’t care much whether you sound your usual perky self. Launching today is EmoWatch, a new app for your Apple Watch that will help you track your emotional state. EmoWatch is a technical demo for Smartmedical Corp’s Empath API, and it does what it needs to: Showing a read-out (in the form of a graph) of your moods throughout… Read More

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Explainer alert! Here’s what the iPad Pro’s embedded Apple SIM means for you

ipadpro2016 When Apple introduced its new iPad Pro 9.7″, one of the small technical specifications the company touted prompted the most questions from readers: the new embedded Apple SIM. For context, with the iPad Air 2, Apple introduced its Apple SIM, a programmable version of a regular SIM card that allowed people to choose between dozens of carriers worldwide in an on-device interface. Read More

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