Apple

Apple CEO Tim Cook: Mobile payments still in their infancy

Apple doesn't seem ready to leap into the mobile payments arena, at least according to comments made Tuesday by CEO Tim Cook.

During Tuesday's conference call announcing fiscal second-quarter earnings, Cook responded to a question about mobile payments.

"I think it's in its infancy," the Apple CEO said. "I think it's just getting started. Just out of the starting block."

Reading between the lines, that likely means Apple has no plans to jump onto the mobile payments bandwagon, at least not at this point. Past rumors have continually suggested that the company … Read more

CBS invests in TV-streaming tech provider Syncbak

CBS has made an investment in Syncbak, the company said today, giving it a minority stake in the television-streaming technology provider as it continues its focus on mobile.

Syncbak, a privately held company founded in 2009, makes location-based authentication technology that allows local television stations to stream their signals to in-market customers. Essentially, Syncbak "localizes the Internet" for broadcasters, networks, and TV studios, allowing retransmission of live television over the Web in much the same way it works over cable and satellite. The company's app is available for iOS and Android smartphones and tablets, but it doesn'… Read more

Analysts highlight bright spots ahead of Apple's Q2 report

Apple's fiscal second-quarter results aren't expected to be particularly cheerful, but some analysts are still finding reasons to be bullish.

The Cupertino, Calif., company will report its January-March quarter results on Tuesday, and no one is expecting a blowout. The company could make history with its biggest second-quarter sales yet, but it's also expected to post its first decline in profit in a decade.

Despite worries about Apple's recent performance, BGC boosted its rating on Apple's stock to "buy" from "hold," saying investors should take advantage of the recent weakness to … Read more

Penguin reaches pact with EU to end e-book price-fixing probe

Penguin has vowed to change its pricing strategy for digital books, including terminating an e-book pricing pact with Apple, to resolve an antitrust probe by the European Union.

As part of the deal, Penguin has agreed to terminate existing agency agreements -- those pacts that allow a publisher, not a retailer, to set prices -- and will refrain from adopting "most favored nation" pricing clauses for five years. Those had prevented retailers such as Amazon from undercutting Apple's e-book prices.

If Penguin does enter into new agency agreements, retailers would be free to set the retail price … Read more

Chinese firm finds way to get apps onto iPhone, iPad -- for free

A firm in China has found a way to get users in China to download applications to their iPhones or iPads without having to pay a dime.

According to Venturebeat, which discovered the exploit, a Chinese "app store" known as 7659.com has taken advantage of a loophole in Apple's bulk enterprise licensing that allows users to download paid applications for free without having to jailbreak their devices, as they would in previous exploits.

Apple's enterprise app distribution platform allows a major company to deploy programs across all corporate devices, as long as they have a … Read more

Apple hangs onto your Siri data for two years

All those curse words and other commands you yell at Siri hang around a bit longer than you may think.

In response to a Wired story expressing concern about Siri's privacy policy, Apple has revealed exactly what happens to your Siri chats. Apple spokeswoman Trudy Muller told Wired on Thursday that Apple may keep your Siri data for up to two years, albeit in an untraceable state.

Here's how the process works, according to Wired.

Whenever you talk to Siri, your commands are uploaded to Apple for analysis. Apple then assigns you a random number, which it associates … Read more

Apple iWatch rumor roundup

Not satisfied with just smartphones, MP3 players, and computers anymore, the rumor mill has now tacked on "smartwatch" to the list of potential hot items that Apple will develop and manufacture. Dubbed "the iWatch," chatter about Apple producing this sort of wearable tech is timely, considering that smartwatches seem to be on the mind of a number of other companies as well.

From bendable glass to an OLED screen, we gather all the dish on Apple's iWatch. Please note that we'll continue to update this roundup periodically and feel free to let us know … Read more

Image leaks of lower-cost iPhone with plastic case

A plastic, cheaper iPhone might be a reality, after all.

After rumors surfaced recently suggesting Apple would launch a thicker, cheaper, plastic iPhone, an image seeming to be just that device has hit the Web. Earlier today, mobile case maker Tactus shared a photo of what it claims is the rear, plastic casing on Apple's next iPhone.

It's not clear how Tactus might have received the casing or whether it's real, but it follows a rumor in February from Japanese Apple-news site Macotakara, which claimed that a cheaper, plastic iPhone was on the way to store shelves.… Read more

iPhone sales hit 35 million last quarter, forecasts analyst

Apple likely sold around 35.5 million iPhones last quarter, according to Piper Jaffay analyst Gene Munster.

In an investors note out Thursday, the analyst cited the 4 million iPhones activated by Verizon last quarter, which represent a 56 percent share of the carrier's smartphone sales and are inline with Munster's expectations.

Though that number is down from the December quarter's 63 percent, Munster believes such a decline is expected since the holiday quarter was the first full quarter of iPhone 5 sales, a period when the phone's share of the market is typically at its … Read more