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Expectations are high as Apple prepares for its biggest event since the launch of the iPad four years ago. At the Flint Center in its Cupertino backyard, Apple is expected to unveil not just new iPhones but a push into payments and wearable devices. Tim Bradshaw and Richard Waters bring live updates from the event, with input and insights from other FT reporters around the world.
Apple has sent invites out to members of the media for a September 9 launch event at which it is expected to unveil new iPhones and potentially a new wearable device.
The looming launch of what pundits have dubbed the iWatch will make this Apple’s most closely watched event since Steve Jobs unveiled the iPad in 2010. Read more
The clock’s ticking on the launch of Apple’s “iWatch” – expected on September 9 – and its Korean rivals are coming out ahead of time with their latest takes on wearable technology. Read more
Venezuela might have the mannequins with the world’s biggest breasts, but Britain now has the most tech-savvy models gracing its store windows and shop floors.
This week three UK retailers launched the world’s first mannequins embedded with so-called iBeacons – little Bluetooth transmitters that can send alerts to smartphones in the vicinity, offering details about the clothes such as how to buy them online and where to find them in store. 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
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.
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
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
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 Einhorn. Read more
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
Greg Christie, the Apple designer who was a key part of the team behind the original iPhone, will leave the company later this year, a spokesman confirmed to the FT.