AppleInsider

Carl Icahn says Apple is still undervalued, plans to increase his $203 price target Posted: 28 Jan 2015 10:24 AM PST Activist investor Carl Icahn believes shares of Apple should be valued much higher than their current trading price, and on Wednesday said he even plans to revise his own price target for the stock, which he called a "no-brainer" investment.

Wall Street shocked by Apple's staggering quarter, prompting analysts to raise estimates Posted: 28 Jan 2015 08:25 AM PST Apple's stunning first quarter of fiscal 2015 blew virtually every prediction out of the water, and left Wall Street analysts rushing to increase their price targets on Wednesday as the stock jumped higher.

Google Play downloads are growing, but Apple's App Store commands 70% of revenue Posted: 28 Jan 2015 06:45 AM PST Downloads still aren't translating to dollars for Google and developers who create applications for its Play store for Android devices, as Apple's iOS App Store remains far and away the most profitable digital storefront, according to the latest data.

By the numbers: Apple's ludicrous fourth quarter Posted: 28 Jan 2015 05:31 AM PST Apple reported the biggest quarter in its history this week --?and one of the largest by any company ever -- by nearly every metric imaginable. AppleInsider puts those mind-boggling numbers into perspective.

Apple Store employees to get updated attire, go 'back to blue' starting Feb. 2 Posted: 27 Jan 2015 08:47 PM PST Starting Feb. 2, customers walking into an Apple Store may notice something a little different as employees are expected to wear newly designed crew neck or polo shirts in a familiar shade of blue, but with repositioned and resized white Apple logos.

Universal Pictures announces cast of upcoming Steve Jobs movie, start to principal filming Posted: 27 Jan 2015 08:02 PM PST In a prepared statement issued on Tuesday, Universal Studios announced the full cast list for its upcoming Steve Jobs biopic, currently titled "Steve Jobs," including actresses set to play Jobs' daughter Lisa at three different ages.

eBay developing Apple Watch software with ties to iOS app Posted: 27 Jan 2015 06:46 PM PST Apple Watch owners may never need to worry about being outbid in an eBay auction again, as a new job listing posted by the Internet auctioneer suggests advanced development of a bespoke Apple Watch app.

Apple iPad sales slumped 18% in Q1, but Cook still sees 'bright future' for platform Posted: 27 Jan 2015 05:43 PM PST As many industry analysts predicted, iPad sales saw a steep year-over-year decline for the first fiscal quarter of 2015, but CEO Tim Cook is optimistic and sees great potential in Apple's upcoming hardware pipeline.

Tim Cook calls 2015 the 'year of Apple Pay' as service takes over contactless payments market Posted: 27 Jan 2015 04:16 PM PST Apple Pay now accounts for two out of every three dollars processed through contactless payment systems, a huge achievement for Apple's NFC-based solution that debuted less than three months ago.

Apple shipped one billionth iOS device in Q1, expects continued iPhone momentum Posted: 27 Jan 2015 03:33 PM PST During its quarterly conference call on Tuesday, Apple CEO Tim Cook announced the company had sold its one billionth iOS device in the December quarter, a device that will be kept at Cupertino for posterity.

China responsible for massive Apple revenue growth, reaches $16.1B in Q1 Posted: 27 Jan 2015 02:35 PM PST Apple on Tuesday announced a record smashing $74.5 billion in revenue with the usual suspects U.S. and Europe sales ticking the highest numbers, but China is quickly moving in on second place after bringing in a huge $16.1 billion.

Apple Watch on track to ship in April, CEO Tim Cook says Posted: 27 Jan 2015 02:15 PM PST During Apple's quarterly conference call on Tuesday, CEO Tim Cook said Apple Watch development is on track and expects to launch the device in April, coming in just under the company's "early 2015" promise.

Notes of interest from Apple's Q1 2015 conference call Posted: 27 Jan 2015 02:06 PM PST Apple reported the biggest quarter in its company's history on Monday, selling nearly 100 million iPhones and iPads to earn $74.6 billion in quarterly revenue. Following the announcement, executives from the company participated in a conference call with analysts and the media, and notes of interest follow.

Apple obliterates expectations, selling 74.5M iPhones & earning $18B in profit Posted: 27 Jan 2015 01:35 PM PST Apple completely crushed not only its own all-time records, but also even the loftiest expectations on Wall Street on Tuesday, selling a whopping 74.5 million iPhones on its way to $18 billion in net profit in a single, massively successful quarter.

Apple Pay launches at 200K self-service stations, including parking, laundry & vending machines Posted: 27 Jan 2015 01:16 PM PST More than 200,000 self-service stations across America -- including vending machines, coffee brewers, parking pay stations, kiosks and laundry equipment --?will gain compatibility with Apple Pay, thanks to support from USA Technologies Inc.

YouTube pushes Flash to the back burner, will now default to HTML5 player Posted: 27 Jan 2015 12:53 PM PST Nearly five years after Steve Jobs published his infamous "Thoughts on Flash," streaming video service YouTube has announced plans to migrate away from the technology as users accessing the site via Chrome, Internet Explorer 11, Safari 8, and beta versions of Firefox will now be served the HTML5 video player by default.

Briefly: Apple TV gains 120 Sports channel, Twitter adds group messaging Posted: 27 Jan 2015 11:41 AM PST Apple on Thursday added yet another sports channel to the ever-expanding Apple TV content lineup, while Twitter updated its iOS app with a new feature that allows for direct messages to be sent to groups.