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GT Advanced Lawyer Says Close To Deal With Apple On Secrecy

By Clip Syndicate A lawyer for Apple supplier GT Advanced Technologies Inc told a bankruptcy court on Tuesday the specialty glass maker was near a settlement with the iPhone maker over access to information. Scant information has emerged since GT Advanced filed for bankruptcy on Oct. 6, wiping out most of its market value and triggering speculation about what may have soured its Apple relationship and torpedoed its prospects. Bankruptcy Court in Springfield, Massachusetts, GT Advanced's lawyer, Luc Despins, said he was "optimistic" an agreement would be reached within the next hour or so to resolve disputes with Apple over the disclosure of details in the case.

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Apple CEO Tim Cook Addresses The IPad’s Continued Lack Of Sales Growth

By Clip Syndicate During today’s earnings call for Apple’s fiscal Q4 2014, CEO Tim Cook took time to address the iPad’s performance at length. Cook referred to a lot of the general kinds of negative feeling around iPad performance circulating around media and analysts, and brought up his own perspective on the product category. Cook said "I take a step back on iPad. I know that there’s a lot of negative commentary in the market on iPad, but i have a sort of different perspective on it. ...Read More »
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Apple's 2014: By The (Ridiculously Large) Numbers

By Clip Syndicate Apple had quite a fiscal 2014, introducing the iPhone 6 and 6 Plus, the Apple Watch and Apple Pay, not to mention its a high-profile acquisition of Beats Electronics. It also put up some impressive financial numbers on Monday, once again beating expectations for its fourth quarter earnings that ended Sept. 28. For the 2014 fiscal year, Apple sold 169.2 million iPhones, 68 million iPads and 18.9 million Macs. Apple's shareholders must be pretty happy about its success. The company's shares are 37.3% higher in the past 12 months, easily outpacing the broader S&P 500 benchmark index, which rose by 8.9%.

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App Store Downloads Top 85 Billion

By Clip Syndicate Apple CEO Tim Cook announced today during its FY Q4 2014 earnings call that its cumulative App Store downloads have now topped 85 billion up from 60 billion around a year ago. The number was announced alongside news of Apple’s massive quarter, and its record-breaking sales of the iPhone 6 and 6 Plus devices.

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TechCrunch Tries Out Apple Pay In The Real World

By Clip Syndicate Apple released iOS 8.1 today, and with it comes the ability to use Apple Pay on the iPhone 6 or 6 Plus. TechCrunch decided to try it out by going to two nearby businesses that already accept Apple’s NFC-powered mobile payments: Walgreens and McDonald’s. Getting the 6 Plus ready for Apple Pay took less than a minute. The Passbook app opened, tapped the “Add” button, selected the Credit/Debit Card menu item introduced in iOs 8.1, and was presented with a form to enter the selected card’s number, expiration date, and security code. There was also an option to scan the details of the card in with the camera.

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