Reuters: Technology News
last updated: Wed, 27 Jul 2016 01:18:55 -0400

Apple CEO touts future technology amid iPhone worries
SAN FRANCISCO (Reuters) - As iPhone sales declined for the second straight quarter, Apple CEO Tim Cook peeled back the curtain ever so slightly on its work in artificial intelligence and augmented reality, aiming to reassure investors that the company is ready to ride the next wave of technology.

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BBC News - Technology
last updated: Tue, 26 Jul 2016 15:27:14 GMT

Apple sees iPhone sales drop again but beats forecasts
Apple reports a second consecutive quarter of falling iPhone sales, but the 15% drop was not as bad as analysts had feared.

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PC World - News RSS feed
last updated: Wed, 27 Jul 2016 07:12:00 +1000

Qualcomm agrees to pay $19.5M to settle charges of bias against women
Qualcomm has agreed to pay US$19.5 million to settle a gender discrimination class action lawsuit that alleged that women at the company get lower pay and have lesser chances of promotion under its current programs.

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Tech News Headlines - Yahoo News
last updated: Wed, 27 Jul 2016 01:55:35 -0400

Apple CEO touts future technology amid iPhone worries

Apple Inc. CEO Cook speaks on stage at the company's World Wide Developers Conference in San FranciscoAs iPhone sales declined for the second straight quarter, Apple CEO Tim Cook peeled back the curtain ever so slightly on its work in artificial intelligence and augmented reality, aiming to reassure investors that the company is ready to ride the next wave of technology. Raving about hit smartphone game Pokemon GO, Cook stressed that Apple is “high on [augmented reality] for the long-run” and investing heavily. Augmented reality, in which computer-generated content is overlaid on the real world, is one of the latest fixations in the technology business, with Pokemon GO among the first applications to catch on.


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How Tesla saved this man $600
WHEN self-confessed nerd Nick Pfitzner became the first Australia resident to have a Tesla Powerwall installed, he didn’t expect to save this much.

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CNET News
last updated: Tue, 26 Jul 2016 22:33:19 +0000

Man crashes car into MapleStory developer's office, said its games 'ruined' his life - CNET
The man, surnamed Lee, was visiting the country and used his brothers car to crash into Nexon's offices.

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BuzzFeed - Geeky
last updated: Mon, 25 Jul 2016 18:40:06 -0400

"Harry Potter And The Cursed Child" Photos Are Here And They're So Magical

WHY AM I NOT AT THIS PLAY RIGHT NOW?!

For many Harry Potter fans, going to see Harry Potter and the Cursed Child live in London just isn't possible because...money.

For many Harry Potter fans, going to see Harry Potter and the Cursed Child live in London just isn't possible because...money.

Warner Bros.

But it's OK, everyone, because official photos of the production have been released, and now we all get to pretend that we're actually there.

But it's OK, everyone, because official photos of the production have been released, and now we all get to pretend that we're actually there.

WHAT A JOYOUS DAY.

Warner Bros.

IT'S HARRY, EVERYONE. IT'S HARRY!

IT'S HARRY, EVERYONE. IT'S HARRY!

Manuel Harlan


View Entire List ›

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Tech – TIME
last updated:

The Very Good News Buried in Apple’s Dismal Results
Apple had a bad quarter. It seems as if it's about to have a few very good ones

For Apple bears, there was plenty to feast on in the company’s latest financial report. Revenue fell again–this time by 15%–the first time since 2002 that Apple has faced two straight quarters of shrinking sales. Shipments of Macs, iPads and iPhones were all below last year’s figures. iPhones alone, which recently made up nearly two-thirds of Apple’s revenue, slid by 23%. Even worse, Apple said its revenue would fall year-over-year for a third straight quarter.

And yet the Cupertino, Calif. giant’s stock rallied 7% on the earnings report amid a sense that that things are looking more hopeful at Apple than they have in a while. Wait, what? Here are three key reasons why Apple’s results are not what they might seem at first blush.

The first is that all this bad news had long been expected. Apple’s stock has slumped 22% during the past year as investors braced for slower iPhone sales. iPhone generations have a two-year cycle, with the second year a lackluster one as loyal consumers await the next model. Apple also introduced the smaller, cheaper iPhone SE earlier this year, which dragged down the average sales price of iPhones to $595 from $660 a year ago (silver lining: this suggests the SE model was a hit).

The second reason is that Apple managed to do better than Wall Street’s dismal expectations. Despite a dwindling market share in China (where smartphone sales dropped 33%), iPhone sales saw impressive growth in Japan, India, Brazil and Russia. More new customers are switching to iPhones than ever, CEO Tim Cook said. All told, Apple squeaked above analyst’s revenue and profit estimates and forecast revenue in the current quarter at a midpoint of $46.5 billion, or a billion above the consensus estimate.

The third and most interesting reason for the rally lies inside the vague hints Cook gave about Apple’s future products in a call discussing earnings. Analysts parse such comments as closely as they would a central banker’s. Apple’s constant quandary is that it can’t, for competitive reasons, tip its hand on new innovations. It’s so good at keeping secrets that, when its revenue and stock price are on a down swing, things can look darker than they really are.

While Cook wouldn’t talk about features on a new iPhone expected to be released in September, he said he’s “very optimistic about the future” in part because of the iPhone’s large and loyal user base, underscoring an argument made by Morgan Stanley this week that pent-up demand for iPhone upgrades may create a “coiled spring” of demand this fall.

Asked about Apple’s interest in the augmented reality technology that spawned Pokémon-hunting hordes into city streets, Cook was a bit more forthcoming. “I’m sure developers will go for this over time,” he said. “Augmented reality can be really great, and we have been and continue to invest a lot in this. We are high on AR for the long run. It’s a great commercial opportunity.”

Another analysts probed at Apple’s hidden product pipeline by asking about the bump in recent R&D spending. Apple spent 4.4% of its revenue on R&D in the last nine months, up from 3.2% in the year-ago period. How much of that is for bold new products? “There is quite a bit of investment in products and services that are not current currently shipping,” Cook said. “You can look at the growth rate and conclude that there is a lot of stuff that we’re doing beyond the current products.”

In other words, be patient and see. Something new is indeed coming. Cook reminded doubters that Apple faced a similar attack of the bears right before the iPhone 6, which ended up surpassing even his hopeful expectations. One new product could be an Apple TV that is meatier than what the company introduced last fall. As Cook said, “Think about that release as building the foundation for what we believe could be a broader business over time,” including video-on-demand services built on top of a hardware device.

“You shouldn’t look at what’s there today and think we’ve done what we want to do,” Cook added. He was talking about the Apple TV, and yet that statement pretty much sums up where Apple is in the troubled summer of 2016.

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Twitter / liamalexander
last updated: Mon, 08 Oct 2012 07:22:42 +0000

liamalexander: My daily stats: 12 new followers, 9 new unfollowers via http://t.co/hROlspGI
liamalexander: My daily stats: 12 new followers, 9 new unfollowers via http://t.co/hROlspGI

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Twitter / Favorites from liamalexander
last updated: Mon, 25 Apr 2011 22:44:57 +0000

alanjonesUK: RT @PopSci: Scientists finally have some answers about the mysterious "dark matter" in the human genome: http://t.co/Gm4Fh0B6
alanjonesUK: RT @PopSci: Scientists finally have some answers about the mysterious "dark matter" in the human genome: http://t.co/Gm4Fh0B6

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Ask the Guru
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Captain marketing phone number - We are a SEO, SEM, and online advertising firm based in Los Angeles. Our experts specialize in search engine optimization, Intern

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Stumble
last updated: Fri, 25 Feb 2011 22:09:20 +0000
The Next Web
last updated:

Sorry petrolheads, Skully’s AR motorcycle helmet is dead

I had great hopes for Skully when I first heard about it in 2013. The company had been working on an augmented reality motorcycle helmet that put GPS, rear mirror view and speed readouts into a transparent display on the visor. Sadly, the product isn’t likely to hit the streets. TechCrunch reports that the company has shut down operations, following the departure of CEO and co-founder Marcus Weller last week. Skully has raised more than $14 million from investors and crowdfunding campaign backers. It reportedly informed fans by that it would deliver all 3,000+ helmets to customers through this summer,…

This story continues at The Next Web

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