News | iLounge

News

Popular Bitcoin wallet app Blockchain returns to App Store

Apple has reinstated popular Bitcoin wallet app Blockchain to the App Store. It’s not an entirely unexpected move, considering Apple recently started allowing Bitcoin apps back in the App Store, after making a change to its App Store Review Guidelines. Blockchain was originally pulled from the App Store in February. Nicolas Cary, Blockchain’s CEO, told Bloomberg that Blockchain’s Bitcoin wallet has 1.9 million users.

Report: Apple Stores to support carrier early iPhone upgrade programs

Apple Stores will soon allow customers to purchase new iPhones using early upgrade programs from carriers, including AT&T Next, T-Mobile JUMP, and Verizon Edge, according to 9to5Mac. It’s unclear whether or when Apple will support Sprint’s One Up program. The report claims that “many” stores will offer the purchase option in late August, ahead of the expected iPhone 6 September launch. At the moment, any iPhone purchased in an Apple Store must be bought with a two-year contract or at full price with no contract.

Report: Apple buying talk radio app Swell

Re/code is reporting that Apple is about to acquire Swell, an app described as “Pandora-for-talk-radio,” for $30 million. Although it hasn’t yet been confirmed by either company, the report cites multiple sources, and Re/code has a strong track record when it comes to Apple news. According to the report, the app will shut down this week, as Apple attempts to improve its podcast-listening experience. It was also revealed late Friday by TechCrunch that Apple recently acquired BookLamp, described as a “Pandora for books.”

Bose sues Beats over noise-canceling patents

Bose is suing Beats over noise-canceling technology patents used in headphones, according to CNBC. Patent search site PriorSmart.com appears to have a list of the five Bose patents cited in the case. The patents cover signal processing and high frequency compensation, among other aspects of noise-canceling technology. Beats Electronics and Beats Electronics International are both listed as defendants in the suit. [via 9to5Mac]

Report: Apple could launch own mobile wallet this fall

Apple executives have had recent conversations about launching an iPhone-based mobile wallet as soon as this fall, according to The Information. The company has reportedly told partners its mobile payment system would contain “secured element” hardware within the phones that would store sensitive financial information. The Secure Enclave coprocessor in Apple’s A7 chip would likely fit the bill — as noted by Apple, it relies on a random number generator and encrypted memory to safely store information. It’s also noted that Visa is in discussions with Apple about a possible partnership to bypass third-party payment processors to lower costs.

Mobile payments from Apple have been rumored for years. But with Apple reportedly interviewing candidates for a mobile payment service, and CEO Tim Cook recently characterizing mobile payments as “an area of interest” while freely discussing the possibilities of such a service, perhaps we’ll see an iPhone wallet in the near future. [via MacRumors]

Report: Apple ‘tentatively’ plans mid-September iPhone event

Apple is “tentatively” planning an event for mid-September to announce the iPhone 6, 9to5Mac reports. Though not a surprise — numerous reports have all pegged September for the iPhone 6 reveal — the new report claims the second and third weeks of September are the most likely weeks for the event, though plans are still yet to be finalized. If the event was held on a Tuesday, as is commonplace, it would be held on September 9 or 16, with a likely product release on September 19 or 26. However, it’s unclear if both new iPhones will be announced or launched at the same time. According to the report, the 4.7” iPhone 6 will be showcased, but no decision has been made regarding inclusion of the 5.5” iPhone 6. Final details on iOS 8 will also be unveiled at the event.

Apple faces class action suit in California for labor violations

A lawsuit filed by Apple employees in December 2011 has been given class action status, as the company is being sued for labor violations in California, TechCrunch reports. Those alleged violations include not providing employees with timely meal and rest breaks, or timely paychecks. According to the plaintiffs, the case affects approximately 20,000 Apple employees. No financial demands have been made as of yet. Notably, this case is not to be confused with a somewhat similar suit involving Apple retail employees allegedly losing wages due to lengthy bag searches.

Apple, AT&T now sending $40 checks to some iPad 3G owners

Apple and AT&T have started sending out $40 checks to U.S. customers who bought or ordered a first-generation iPad with 3G capabilities before June 7, 2010. A ruling was made in September in a class action lawsuit stemming from AT&T’s elimination of an advertised unlimited data plan about a month after it was introduced. The checks have started to arrive in customers’ mailboxes, as per 9to5Mac. AT&T is also offering a $20/month discount on its 5GB monthly data plan for consumers who didn’t sign up for any other AT&T data plan.

Apple denies iOS “back door” access in new report

After denying a report earlier in the week that iOS is prone to “back door” access, Apple has put forth a new document outlining three diagnostic capabilities, and how they’re used. “Each of these diagnostic capabilities requires the user to have unlocked their device and agreed to trust another computer,” the report states. “Any data transmitted between the iOS device and trusted computer is encrypted with keys not shared with Apple. For users who have enabled iTunes Wi-Fi Sync on a trusted computer, these services may also be accessed wirelessly by that computer.”

This comes after Apple issued a denial to the Financial Times, stating it “has never worked with any government agency to create a backdoor in any of our products or services.”

Notes from Apple’s Q3 2014 earnings call

Apple’s conference call after announcing its Q3 2014 financial results kicked off with Apple CEO Tim Cook discussing Yosemite, iOS 8, and Swift. Cook also touched on CarPlay, HealthKit, HomeKit, in addition to the company’s new partnership with IBM.

Getting to the financial results, Cook announced that Apple set a June quarter record, with iPhones also setting a new third quarter record. “iPad sales met our expectations but we realize they didn’t meet many of yours,” Cook said, noting an overall decline in the tablet markets while moving on to citing surveys in which customers expressed satisfaction with iPad.

Cook expressed excitement with Apple’s acquisition of Beats, citing Beats’ subscription service, “access to rare talent,” and a growing lineup of products. As he’s done in the past, Cook briefly referenced upcoming new products and services.

Apple CFO Luca Maestri talked about the iPhone and its impressive results in the quarter. As for the iPad, he announced increased sales in the Middle East, China, and India, while adding that such growth was offset by lower sales in “more mature markets.” iTunes revenue was up to $2.6 billion. Apple expects $37 billion to $40 billion in revenue next quarter, with a gross margin between 37 and 38 percent. Maestri said he expects a busy fall, as Apple is “very excited” about what’s in the pipeline.

When asked about decreased tablet sales, Cook said that “significant innovation” can still come to the iPad, “and we plan on doing that.” Cook believes there’s a “substantial upside” in iPad sales within business, which led him to remark on the recently announced IBM partnership. “I honestly believe the opportunity is huge,” he said.

On sales in China this quarter, Cook said, “We thought it would be strong, but it well went past what we thought.” He noted that unit growth was “off the charts.”

Asked about trade-in programs for iPhone, Cook said trade-ins are “hugely beneficial for our ecosystem,” as those phones often go to “price sensitive” customers. Cook also believes the cannibalization factor is low due to that price sensitivity, while pointing out the high resale value of Apple products. But he also noted, “It’s very different to quantify with certainty.”

Cook said iPhone 5c had the highest growth of the current three iPhone tiers in the quarter.

When asked how Apple is changing, in reference to the Beats acquisition and the IBM partnership, Cook said that although the company is always on the lookout for acquisitions, “we don’t let our money burn a hole in our pocket.” Again, Cook referenced Beats’ subscription service and products, while taking the time to note that Beats has “a very rare set of talent that we think can do great things in Apple.”

Apple Q3 2014: 35.2M iPhones, 13.3M iPads, 2.9M iPods, $37.4B revenue

Apple reported its third quarter 2014 financial results today, selling 35.2 million iPhones, 13.27 million iPads, and 2.9 million iPods. The company posted quarterly revenue of $37.4 billion and quarterly net profit of $7.7 billion, or $1.28 per diluted share. In Q3 2013, Apple had revenue of $35.3 billion and net profit of $6.9 billion, or $1.07 per diluted share. Gross margin was 39.4 percent compared to 36.9 percent a year ago. International sales contributed to 59 percent of the quarter’s revenue.

“Our record June quarter revenue was fueled by strong sales of iPhone and Mac and the continued growth of revenue from the Apple ecosystem, driving our highest EPS growth rate in seven quarters,” Apple CEO Tim Cook said. “We are incredibly excited about the upcoming releases of iOS 8 and OS X Yosemite, as well as other new products and services that we can’t wait to introduce.”

“We generated $10.3 billion in cash flow from operations and returned over $8 billion in cash to shareholders through dividends and share repurchases during the June quarter,” Apple CFO Luca Maestri said. “We have now taken action on over $74 billion of our $130 billion capital return program with six quarters remaining to its completion.”

Despite the year-over-year increase in iPhone unit sales, the results notably included a year-over-year decline in iPad sales, and a modest 6% sequential increase for iPods. iTunes/Software/Services and Accessories categories both posted healthy 12% gains.

Apple ‘iTime’ patent includes wristband sensors

Apple was granted a patent today for an electronic wristband that can be coupled to an electronic wristwatch. The wristband, which can interact with the watch, can include digital sensors, wireless hardware, and other electronics, and could respond to gestures such as shaking and tapping. Within separate embodiments of the patent, the watch could be integrated into the wristband, or the two pieces could be removably secured together. The device shows “iTime” on the watch face in one illustration.

The device is shown as being able to interact with a mobile phone, portable computer, and desktop computer. This new patent, which was filed in 2011, is simpler than Apple’s other well-known “wearable accessory device” patent published last year. [via Apple Insider]

iTunes 12 makes its first appearance with iOS-style design

Alongside the latest OS X Yosemite beta preview, Apple has issued the first beta of iTunes 12. This represents the first time the app has been seen at all, although a new red icon was visible in the dock during Apple’s Yosemite presentation at WWDC. iTunes 12.0 includes a new “streamlined,” iOS 7/8-style design, Family Sharing, improved playlists, and a redesigned info window. The app has shifted to using black and white iOS-influenced iconography, and lets you view device media and other content (“Apps,” “Music,” “Photos”) in vertical lists rather than with horizontal tabs.

The app is available to registered developers through the Mac App Store.

Apple releases fourth beta of iOS 8

As expected, iOS 8 beta 4 has been released to registered developers, and is available as an over-the-air update as well as a download from Apple’s developer portal. This release comes two weeks after the third beta. We’ll update this story if any major changes are found.

Eighth annual iTunes Festival announced

Apple has announced the eighth annual iTunes Festival, a concert series held in London at the Roundhouse. There will be 30 days of concerts throughout September, which will be broadcast live to an iOS app, iTunes on the desktop, and Apple TV. This year’s artists include Maroon 5, Pharrell Williams, Beck, and Blondie. Apple held its first ever U.S. edition of the iTunes Festival at SXSW in March. More information is available on iTunes.

EU criticizes Apple for in-app purchases (Update)

The European Commission said that Apple has “provided no concrete and immediate solutions” to in-app purchase problems, Reuters reports. Payment approvals within the App Store are still a sticking point for the EU. Google, on the other hand, was praised by the commission for taking measures to improve their in-app payment issues. “Over the last year we made sure any app which enables customers to make in-app purchases is clearly marked,” an Apple spokesman said. “We will continue to work with the EC member states to respond to their concerns.” Apple drew heat from Italian authorities in May for advertising free apps that required in-app purchases for continued use. The company could face legal action if the company is seen as breaking EU consumer protection law.

Update: Apple issued a response to Engadget, in which the company points out the strides it has made regarding clarifying in-app purchases. The statement concludes: “Our goal is to continue to provide the best experience for our customers and we will continue to work with the EC member states to respond to their concerns.”

Sue Wagner joins Apple board of directors as Bill Campbell retires

Apple has announced the retirement of one of its longest-serving members on its board of directors, Bill Campbell, and the election of Susan L. Wagner of BlackRock to the board. Campbell has been with Apple since 1983, and is behind only Steve Jobs and Mike Markkula in length of tenure on the board.

Wagner co-founded BlackRock, an asset management company, where she served in various roles including vice-chairman. She’s on the board of several companies, including BlackRock, DSP BlackRock, Swiss Re, Wellesley College, and Hackley School. “Sue is a pioneer in the financial industry and we are excited to welcome her to Apple’s board of directors,” Tim Cook said in Apple’s press release. “We believe her strong experience, especially in M&A and building a global business across both developed and emerging markets, will be extremely valuable as Apple continues to grow around the world.”

iTunes Pass service extends to U.S., other countries

After launching in Japan on Tuesday, Apple’s new iTunes Pass credit system has been rolled out in the United States, as well as Canada, Germany, and the United Kingdom. The system allows iTunes customers to refill their iTunes Store balance by having an Apple Store Specialist scan a QR code on a pass in Passbook; once payment is issued, the credit is automatically applied. To add iTunes Pass to Passbook, one must open the iTunes Store app on an iPhone or iPod touch, scroll down to the bottom, and then tap Redeem.

Apple agrees to $450 million settlement in e-book case

In the latest chapter of the e-book price fixing saga, Apple has agreed to pay a settlement of $450 million to resolve U.S. state and consumer claims, pending appeal in New York State, [via Reuters reports. Of that amount, $400 million is intended for consumers. Though the settlement was announced in June, the terms were not disclosed until now. If the 2nd U.S. Circuit Court of Appeals in New York reverses the ruling, the settlement amount could drop to $70 million, with $50 million for consumers, or be eliminated altogether.

Apple, IBM partner up for giant iOS business solution push

Apple and IBM have announced a new global partnership to bring “IBM’s big data and analytics capabilities to iPhone and iPad.” The partnership, which aims to “transform enterprise mobility,” will introduce more than 100 industry-specific enterprise solutions for iPhone and iPad, unique IBM cloud services for iOS, a new AppleCare service level focused on the enterprise, and new IBM offerings for device activation, supply, and management. The agreement, which is being called IBM MobileFirst for iOS, will see IBM selling iPhones and iPads with built-in industry-specific solutions.

A new class of business apps, IBM MobileFirst for iOS Solutions, will target retail, banking, healthcare, travel, transportation, telecommunications, and insurance. Those apps will be available this fall “and into 2015.” The IBM MobileFirst Platform for iOS will give business users on-premise software solutions necessary for end-to-end enterprise capability.

In an interview with Re/code, Tim Cook said of the new partnership, “We’re good at building a simple experience and in building devices. The kind of deep industry expertise you would need to really transform the enterprise isn’t in our DNA. But it is in IBM’s.” Explaining their ability to work together today despite once fiercely competing for customers and mind share, Cook also noted that Apple and IBM “do not compete on anything. And when you do that you end up with something better than either of you could produce yourself.” IBM CEO Ginni Rometty called Apple the “gold standard for consumers.”

Sign up for the iLounge Weekly Newsletter

Email:

iLounge is an independent resource for all things iPod, iPhone, iPad, and beyond.
iPod, iPhone, iPad, iTunes, Apple TV, Mac, and the Apple logo are trademarks of Apple Inc.
iLounge is © 2001 - 2014 iLounge, Inc. All Rights Reserved. Terms of Use | Privacy Policy