Apple announced its latest quarterly financials this week, and Wall Street was enthusiastic about the report. Shares jumped in after-hours trading and continued to rise the next day. The company earned more than $35 billion with a profit of nearly $7 billion, slightly up from last year.
The most impressive piece of news was the 31 million iPhones sold. The launch of the new MacBook Air models drove more than 3.8 million Mac sales. In addition, Apple’s guidance for next quarter was higher than analyst estimates.
While the business side of Apple was happy with this news, the developer side had a rough week when Apple closed its developer portal after it was compromised by an intruder. Though it looks like no real damage was done, Apple has kept the area closed for an extended period while it improved security at the site.
“My mother doesn’t understand new technology. She just sent me a text message telling me to check my email. In the email, she asked me to call her.”
“I heard that To-Do apps help increase your productivity. So I have installed 238 of them.”
Apple released a new version of Logic, its pro audio app, this week. The re-designed app Logic Pro X includes new features such as automatic drum tracks, bass amp designer, drum kit designer and pitch editing. There is also now a companion app for controlling Logic using an iPad connected wirelessly to the Mac.
The map apps race continued this week with Google updating their iOS app to 2.0. The new version gives iPad users full resolution, and improvement over the old version which only allowed iPhone emulation mode. In addition, there’s a long list of new features like indoor maps, live traffic reports, and Google+ integration.
Rumors are flying that a new iPhone is on the way. Some believe it will be called the iPhone 5S and will feature dual LED flash, a fingerprint sensor, faster processor and larger battery. Others claim that there will be two models: a standard one and a lower-cost option. If the reports of production starting this month are true, then we could see the new phone in September or October.
A U.S. District judge ruled that Apple did indeed conspire with publishers to fix e-book prices when it launched iBooks. Apple continues to deny the charges and reportedly plans to appeal. All five publishers also charged in the case have already reached out-of-court settlements with the government.
Apple had pushed a pricing model where publishers must sell books at the same price on all services, rather than letting retailers, such as Amazon, set prices at any amount.
In another court, Apple and Amazon made peace over a lawsuit concerning the “app store” name. Held up for years, the case started when Apple accused Amazon of infringing on its App Store trademark by using a similar name for selling apps for Kindle devices. Amazon had countersued. Both companies have agreed to drop the cases.
Every year Apple makes special offers during the summer for the college-bound. Students already get a discount on purchases, but for the next few months, they can also get a $50 or $100 iTunes gift card with their purchase. This makes it easy for a student to buy a Mac or iPad and load it up with iWork apps for free.
It looks more and more likely that Apple’s next new product will be a wearable wrist device. Trademark applications have been filed by Apple in several countries for the name “iWatch.”
The Year 2113
“So? What’s inside the capsule from 2013?”
“Looks like a 3GB hard drive and some networking equipment.”














