China isn't the only country getting the iPhone 5 this month -- Apple has just announced the handset will debut in South Korea and a dizzying list of other worldwide destinations over the next two weeks.
Apple wasn't shy about noting that it's now paid more than $6.5 billion to developers this week, and the company continues to find new ways to increase profits for both parties, such as adopting more currencies around the world.
Companies are releasing their Q2 2012 financials left and right this week, but of course the one we're really waiting for is Apple's, which will swoop in next Tuesday, presumably ahead of the release of OS X Mountain Lion. Meanwhile, Cupertino is blasting out iTunes in the Cloud in a ton of new countries and Microsoft sets a date for Windows 8 -- all in today's recap for Thursday, July 19, 2012.
We're big fans of Nokia's Lumia 900 and Windows Phone 7 in general, which is why it's rather sad to hear the company's quarterly financials looking worse than ever, with an operating loss of a billion dollars and little traction in the U.S.
Apple is finding out the hard way that with financial success comes increased scrutiny of their business practices, and onetime friend The New York Times seems to be pulling no punches in the wake of co-founder Steve Jobs’ death in their “iEconomy” series. The newspaper has moved from reporting on Chinese factories to how Apple uses the system to cut down its own tax bill -- but no matter which side of the debate you happen to agree with, it’s a fascinating read. Some details left out of the NYT report and more in the recap for Monday, April 30, 2012 ahead!
The number crunchers in Cupertino are notorious for conservative estimates when it comes to forecasting revenue for the next quarter, but Apple has managed to exceed Wall Street’s expectations yet again with $39.2 billion in revenue for their fiscal second quarter.