No wonder Tim Cook has escalated Apple’s position on the television market from “hobby” to “area of intense interest” in recent months. New figures from Apple suggest that it’s making at least $3m a day from TV and movie downloads. Read more
It may seem hard to understand how one could go bankrupt selling iPads and MacBooks in one of Europe’s richest countries, but that is what happened Tuesday to iCentre, the largest Apple reseller in the Netherlands, writes Matt Steinglass in Amsterdam.
A judge in the Dutch town of Haarlem proclaimed the 34-store chain bankrupt on Tuesday, after a week of negotiations between the company, its creditors and potential buyers failed to produce a rescue plan. And on closer inspection, iCentre’s fate is not so hard to explain. Like other Apple resellers, iCentre was coping with a long-term shift from notebook and desktop computer sales towards smartphones and tablets, which have lower profit margins. Read more
It was the moment designers and Apple fans alike have been waiting for since October: Sir Jonathan Ive – spiritual heir to Apple’s chief tastemaker Steve Jobs and creator of the world’s finest tech hardware – unveiled his vision for iOS on Monday in San Francisco.
After seven months of anticipation, perhaps some anticlimax was inevitable. But a lot of designers are already taking to the web to voice their dislike of iOS 7’s new look. Read more
Apple chief executive officer Tim Cook took the hot seat on Tuesday morning in Washington to answer questions about a tax planning strategy that has enabled it to avoid billions of dollars of taxes.
Carl Levin, chairman of the Senate investigations committee, set the tone with his opening remarks, noting that just in 2012, Apple had exploited tax loopholes allowing it to avoid $9bn in US taxes. Such practices, he said, did “real harm” to the US economy, disadvantaging domestic companies that don’t make use of “tax gimmicks”.
You can watch the hearing here, read Mr Cook’s written testimony here and read the Senate committee’s report on Apple’s tax structure here.
Earlier on Friday, Wired reported that Apple’s voice app Siri, which is perhaps most famous for its comical misinterpretations, keeps users’ data for up to two years.
Now Google has told the FT that it stores queries to its voice search service for the same period. The difference is that Google stores the actual audio samples for up to two years, unlike Siri which deletes the audio after six months and then just retains the queries. So, is two years too long? Read more
Apple has bought WifiSlam, an indoor mobile location service, as the Silicon Valley giant continues to compete with Google in mapping capabilities.
The deal closed recently for $20m, according to a report by the Wall Street Journal, citing an unnamed source.
WifiSlam’s technology uses ambient wireless signals that are already present in buildings to pinpoint the location of smartphones, as opposed to the space-based satellite signals relied upon for larger-scale GPS mapping and navigation systems. Read more