Hardware is hard, so the saying goes. Raising millions of dollars on Kickstarter or Indiegogo can create as many problems as it solves. So the recent explosion in hardware start-ups has produced a crop of incubator and accelerator programmes, such as Lemnos Labs and Haxlr8r. The latest, Highway 1, is a new project from Liam Casey’s PCH International, which typically handles supply chains for rather larger electronics companies such as Apple and Beats Electronics. Read more
Expectations are high that Apple can go back to its old forecast-busting ways when it reports earnings for its December quarter on Monday.
“Investors think that Q1 is going to be a blow-out and the Q2 guide is quite strong,” said analysts at Berenberg in a note after meetings with shareholders last week.
While the iPhone and iPad both look set to turn in double-digit percentage growth rates, falling prices and margins could minimise revenue and earnings growth.
Here’s what to expect after the markets close in New York: Read more
In an interview on Monday afternoon, Nest’s co-founder and chief executive Tony Fadell told the FT that he sold the “smart home” company to Google because he wanted to focus on new product innovations, not worry about managing the behind-the-scenes infrastructure that handles all the data generated from its “Learning Thermostat” and “Protect” smoke alarm, and to ensure the company stays ahead of mounting competition. Read more
The taxi industry’s war on app-enabled chauffeur services such as Uber has broken out into physical combat on the streets of Paris. During a strike by French cab drivers who are protesting against the rise of what are locally called “voitures de tourisme avec chauffeurs”, several drivers and limos who crossed the picket line were attacked, with windows smashed and tires slashed. Read more
The verdict is in and it’s unanimous. The best gadget of this week’s Consumer Electronics Show 2014 is not a curved television, a health-tracking wristband, a Bluetooth speaker or a connected car; in fact, it’s not even a finished product. Yet the latest prototype of the Oculus Rift virtual-reality headset has so excited attendees that tech blogs the Verge and Engadget – not to mention this FT reporter – have named it their “best in show”. Read more
Facebook thoroughly beat expectations on the back of a rise in mobile user numbers as mobile advertising now contributes almost half of ad revenue. But the social network still failed to impress investors when it told them usage was declining among younger teens and warned the switch from adverts on the right rail to the newsfeed would slow in coming months. Facebook reported earnings of $0.25, far exceeding forecasts of around $0.19.
Here is how it happened: from the share price soaring in after hours trading to a new all-time high when traders saw the initial figures, to it falling back down rapidly during the earnings call. Tim Bradshaw and Hannah Kuchler brought you the live reaction and the all details from the call.
Say you’re a fairly aggressive taxi app company with a reputation for hiking prices at peak times and raising hundreds of millions of dollars to crush your competitors. What’s the one thing with enough internet love to offset your karma? That’s right: kittens.
And so it came to pass that Uber, “everyone’s private driver”, for one day only delivered kittens and cupcakes. And the internet said it was good. Even for $20 for 15 minutes of “snuggles”. Read more
You can now comfortably hold the iPad with one hand.
What, you want more? That really is all you need to know. Read more
On a brisk, foggy Tuesdsay morning in San Francisco, Apple unveiled the iPad Air, a new tablet which is thinner and faster than the previous devices, in a bid to consolidate its grip on the high end of the tablet market.
In what it called the “lightest full-sized tablet in the world”, Apple said it had a “dramatically different experience” but the new tablet did not include the fingerprint reader that some had expected after it was introduced for the latest iPhone. The company also unveiled a new iPad mini and cut the cost of the original smaller tablet to $299, the cheapest price for an iPad ever.
Revealing a whole host of updates from mobile apps to its Mac OS update, it announced that it would now offer its software for free. Tim Cook, Apple’s chief executive, said the move was “turning the industry on its ear”.
Tim Bradshaw and Hannah Kuchler followed the launch for the FT’s Apple liveblog as Tim Cook took to the stage at the Yerba Buena Center for the Arts in downtown San Francisco.