Nearly nine years after it shook the communications and computing worlds, the iPhone is facing the prospect of first quarterly unit sales decline.
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Apple took over one of the largest venues in San Francisco for the launch of its latest iPhone on Wednesday.
Tim Cook, Apple’s chief executive, climbed on the stage of the Bill Graham Civic Auditorium to unveil an updated iPhone 6S with enhanced touchscreen capabilities, a better camera and a new “rose gold” finish. The new smartphone was upstaged by the long-awaited overhaul of Apple TV, with Siri voice control, a new remote and a full App Store, bringing iOS games to the living room for the first time. New Apple Watch features and a supersized iPad Pro made appearances too. Tim Bradshaw and Richard Waters covered the event.
There’s a saying among consumer electronics start-ups: hardware is hard. Unlike a software or internet company, hardware start-ups have to worry about manufacturing, distribution and inventory, as well as all the working capital worries that go along with them. Read more
Apple more than doubled its sales in China to nudge third-quarter revenues and earnings just ahead of market forecasts. But a shortfall in iPhone sales compared with Wall Street’s forecasts caused the stock to tumble by as much as 8 per cent after-hours on Tuesday. Revenues for the three months ending in June were up 33 per cent to $49.6bn with earnings up 45 per cent to $1.85 – the ninth consecutive quarter that Apple has beaten earnings forecasts. Sales of the iPhone rose 35 per cent to 47.5m units, below the 49m Wall Street was looking for, while Chinese revenues jumped 112 per cent to $13.2bn. Tim Bradshaw brings live reaction to Apple’s earnings and updates from its earnings call with chief executive Tim Cook.
Information on how employees spend their time could appeal to hacktivists
searching for potential embarrassments, cyber criminals looking to sell addresses online or rivals seeking an insight into possible M&A negotiations (who visits where) or trade secrets (who sources what where).
Kevin Mahaffey, co-founder and chief technology officer at mobile security start-up Lookout, said wearables will inevitably be attacked once they become more widespread.
Apple’s stock price grazed its all-time high on Monday morning as investors anticipated another record-breaking quarter for the iPhone maker. As well as another big quarter for the iPhone, many analysts expect that Apple Watch has already shipped more than the 300,000 iPads that were sold on its first day back in 2010.
Here are four things to look out for when Apple reports after the markets close on Monday evening: Read more
When will the consumer version of the much-anticipated Oculus Rift virtual reality headset ship? With competition looming from Sony PlayStation’s Project Morpheus and the Vive headset announced by Valve and HTC a month ago, Oculus’ early lead in VR suddenly looks like it could be under threat.
After launching two prototype headsets for developers and an “innovator edition” of its Samsung Gear mobile VR device, executives at Facebook-owned Oculus have been tight-lipped about when consumers will be able to buy the PC-based Rift.
After its original unveiling in September, the Apple Watch is nearly out. Tim Cook, Apple’s chief executive, is expected to take to the stage at the Yerba Buena centre in San Francisco to detail new features, apps, pricing and its retail strategy. Tim Bradshaw and Richard Waters bring live updates when the show begins at 10am PST (5pm GMT).
It was probably best that I died, my computer companion told me sadly. Read more
As Apple readies its Watch, Jawbone is aiming for “the other wrist” with the latest update to its Up fitness tracker.
Rather than challenge the iPhone maker’s forthcoming smartwatch head on, Jawbone’s new Up3 wristband is smaller than its predecessor, packed with more sensors including heart-rate and skin temperature detectors, and costs almost half the price of Apple Watch. Read more
The Silicon Valley crowd loves Nest’s $250 thermostats and $99 smoke alarms. But while its $3.2bn acquisition by Google confirmed Nest as a defining company of the smart home, for many its designer appliances might seem a little on the pricey side.
Barely two months after Apple admitted it was storing users’ data online in mainland China, reports emerged that hackers have tried breaking into its iCloud data.
Apple representatives in China declined to comment on the reports of the hacking attack, which were posted on GreatFire.org, a group that conducts research on Chinese internet censorship.
The revelations, if true, would be little surprise to China observers. But it would be a comeuppance for Apple whose decision to store users’ data in mainland servers underlined the tenuous balance that foreign tech companies must strike between commitment to customer security and the realities of the Chinese market. Read more
Apple has invited reporters to an event on October 16, which is expected to see the debut of new iPads and Mac computers. Read more
Apple’s latest iPhone has been has been hailed as the thinnest and biggest mobile device it has created yet. But those qualities may have created an unexpected problem: the gadget may have a tendency to “bend”.
Lewis Hilsenteger of product review site Unbox Therapy has published a video that has gone viral (over 3m views and counting), in which he conducted a not-so-scientific “bend test” on the phone. Using his hands to apply pressure on the back of the device while pulling the edges back, he found that the device was warped.
“Will this happen in your front pocket?” asked Mr Hilsenteger. “That probably depends on how tight your pants are.”
The virtual-reality creations on show at this weekend’s Oculus Connect event were as varied as they were bizarre.
Some 800 overwhelmingly male developers gathered at the upmarket Loews Hotel in Hollywood to attend presentations ranging from game design to “360-degree filmmaking”. A session dedicated to the Gear VR, Oculus’s collaboration with Samsung to launch a mobile VR headset later this year, was particularly busy.
Outside the talks, developers lined up to try Oculus’s new Crescent Bay prototype device and showed off their own VR software – just some of the 325 games uploaded to Oculus Share, its version of an app store. Read more
Don’t let anyone tell you that size doesn’t matter.
The first reviews are in for the latest iPhones and if there is one common obsession, it’s the undeniable fact that these are the largest iPhones Apple has ever made.
Here are a few highlights from reviewers’ first takes of the iPhone 6 and the supersized iPhone 6 Plus. (No sniggering at the back.) Read more
After the market closes on Tuesday, Apple releases its third quarter earnings for the three months to the end of June. Its stock price has risen by more than 20 per cent since it beat forecasts with its last quarterly numbers, taking it close to its-all time high. Can Apple repeat the trick in what are likely to be the last results before the next iPhones arrive, and push its stock to $100?
Here’s what Wall Street is looking for this quarter: Read more