apple

Tim Bradshaw

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

goog3

Smart watches, TVs and cars featured prominently on Wednesday as Google laid out its plans for pushing its Android smartphone software into new fields. At its annual I/O developer event in San Francisco, “wearables” had pride of place, with news that the first smartwatches based on Android Wear are now on sale – before Apple unveils its much-anticipated iWatch. With Android TV and Android Auto, on the other hand, Google was playing catch up with Apple. The event pointed to how the battle for the next big tech markets beyond the smartphone will be fought. Richard Waters and Tim Bradshaw were at the Moscone Center for this round. 

Tim Bradshaw

Apple’s annual developer conference saw chief executive Tim Cook and head of software engineering Craig Federighi dominate the stage. Apple showed off new operating systems, including iOS8 and the newly-minted OS X Yosemite, as well as HealthKit, its first foray into fitness tracking, and HomeKit, a connected home platform. Not to mention tools for developers and a new programming language called Swift. Tim Bradshaw, Richard Waters and Sarah Mishkin give the rundown and reaction from the Moscone Center in San Francisco. 

Tim Bradshaw

Image from @tim_cook on Twitter

Even before the ink is dry on his $3bn acquisition of Beats Electronics, Apple chief Tim Cook is still “on the prowl” for more deals.

That was Mr Cook’s phrase when asked in last month’s earnings call whether Apple would consider making large acquisitions, before he had sealed the iPhone maker’s largest ever transaction.

In April, he said that Apple had made 24 acquisitions in the last 18 months. That number has now risen to 27, Mr Cook told the FT on Wednesday, and looks set to keep growing: Read more

Tim Bradshaw

Watching the Apple faithful grapple with its imminent acquisition of Beats Electronics has been fascinating.

The only thing Apple watchers seem to agree on is that nobody saw it coming, even though Reuters reported talks about some sort of tie-up over streaming music more than a year ago. It’s the ultimate example of Apple doing something nobody could imagine Steve Jobs doing. Read more

Tim Bradshaw

Tim Cook onstage at an Apple launch (Reuters)

Apple just announced that its biggest new slate of product launches in years is finally arriving soon.

This declaration came not from a black-clad stage or rising on a spotlit podium, but buried in a regulatory filing following Wednesday’s quarterly earningsRead more

Sometimes it pays to be behind the times. Read more

Tim Bradshaw

Apple returned to its old forecast-busting ways on Wednesday, reporting better-than-expected revenue and iPhone growth. Even though iPad sales underwhelmed, Wall Street cheered the second-quarter results with an 8 per cent spike in after-hours trading. Apple also added $30bn in new dividends and share buybacks to its existing $100bn capital return programme, alongside a seven-for-one stock split.
Tim Bradshaw and Sarah Mishkin bring live commentary from Apple’s conference call and reactions from the market.  

In a handy coincidence of scheduling, Apple and Facebook will both report earnings after the market closes on Wednesday.

The two Silicon Valley giants will give Wall Street a fast look at the state of the mobile and online advertising markets, at a time when tech valuations are facing growing questions from investors like David EinhornRead more

Tim Bradshaw

A cheeky Apple advertisement appeared in several newspapers on Tuesday. Above a vast array of solar panels, it read: “There are some ideas we want every company to copy.”

The ad ran not only during Apple’s latest bout of patent litigation against Samsung, which continues in a San Jose courtroom, but on Earth Day, an annual reminder of our environmental responsibilities.

Apple used Earth Day to launch a new video ad, ‘Better’, narrated by chief executive Tim Cook himself, and a new portion of its website dedicated to its green achievements. These include powering its data centres with 100 per cent renewable energy, as well as 120 of its retail stores.

But perhaps more remarkable is that Mr Cook let Lisa Jackson, Apple’s vice president of environmental initiatives, give an open and sometimes unscripted talk at Stanford University on Tuesday night. Read more