Apple’s iPhone isn’t Verizon’s top-selling smartphone, according to recent reports.
Fortune reports that the iPhone is falling short in sales for Verizon because of a lack of new model. That could soon change once Apple releases the iPhone 5, which is rumored to be announced and released this fall.
Could we possibly be closer be making video phone calls and telling your TV what channel you want to watch?
The world’s largest funding platform for creative projects is churning out some ideas that Apple fans will certainly love.
Apple announced today that it posted second quarter revenue of $39.2 billion and a net quarterly profit of $11.6 billion, up – a 58.8 percent and 93.6 percent increase, respectively, from the year-ago quarter. Simply put, Apple is doing quite well. So well in fact that it announced in its earnings call that it has $110 billion in cash reserves, which is up from $81.5 billion in September 2011. To put things into perspective, the United States has about $50 billion in reserves right now (and more than $14 TRILLION in debt).
In the movie The Social Network, Napster founder Sean Parker told Facebook founder Mark Zuckerberg that $1 million isn’t cool — $1 billion is cool. If that’s the case, Apple is really, really cool.
How does the other half live? Apparently rather poorly because 49 percent of American households don’t have a single Apple product and that’s worse than a day without sunshine, a lot worse. On the brighter side, more than half do and a highly evolved subset thereof proudly claims five or more Apple-branded widgets in their homes.
At 354.57MB, this is a great honking update and there is much goodness baked into this dot-refresh of Apple’s popular consumer-grade photo app — just one of three Mac software patches released in conjunction with Apple’s spanky new (audible grown issues from Jobs’ grave) “resolutionary” iPad. The tablet’s just fine, but what’s up with that silly, made up word they’ve tagged it with?
Given that Steve Jobs had told his biographer he would spend Apple’s then $40 billion cash pile, now nearly $100 billion, to stop Android from copying the iPhone and iPad, today’s rumor that a settlement, however egregious, could be in the works seems more than a little off. Nevertheless, that now appears to be the case.
In addition to being the home of a fairly tasty eponymous brew, Qingdao China is the place, sometime on Saturday, where the 25 billionth app from the iOS App Store was downloaded. And, what was the fateful app? A $0.99 kid’s game made by Disney. Hmm, let’s repeat that again — someone in China download a Disney app — not the least bit suspicious, is it?
The app-conomy is huge, but a new study claims that Apple’s economic footprint is bigger still. I don’t doubt Cupertino’s large and growing positive impact on the American economy, yet fundamental questions about the opportunities could and should be bringing home for the rest of us remain.
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