Beats Music trails Pandora and Spotify in revenue and downloads


So long as the next episode doesn't include antitrust violations, that is. Photo: Beats Music
Photo: Beats Music

Beats Music may have Apple’s support behind it, but it’s still got a long way to go before it tops the crowded online marketplace.

According to new figures from app analytics firm App Annie, Beats is currently trailing industry leaders Pandora and Spotify. In September, both of those services racked up more downloads and earned more revenue than Beats, across both the App Store and Google Play.

Beats was the ninth most downloaded music app in September, with once again Pandora and Spotify taking the lead — but also the likes of Shazam, SoundCloud and even Apple’s own GarageBand receiving more downloads.

MLB stadiums become first sports venues to accept Apple Pay


Photo: Flickr
Baseball fans will be able to buy peanuts, Cracker Jack and garlic fries with Apple Pay. Photo: Andrei Niemimäki/Flickr CC

iPhone 6 owners who happen to also be fans of Major League Baseball have a treat on their hands, courtesy of a new deal that will see Apple Pay added at several stadiums in time for the 2014 World Series.

San Francisco’s AT&T Park and Kansas City’s Kauffman Stadium support the contactless NFC payment system, which will allow World Series ticket holders to pay for food and beverages using their iPhone 6 and 6 Plus devices.

10 key takeaways from Apple’s expectation-crushing earnings call


Photo: Apple
Record iPhone sales keep Apple's money machine humming. Photo: Apple

Apple surpassed analysts’ expectations with $42.1 billion in revenue in the back-to-school season, buoyed by unprecedented iPhone sales and surprisingly strong demand for Macs.

While breaking down the Q4 2014 numbers during today’s earnings call, Apple CEO Tim Cook and CFO Luca Maestri offered insights into the company’s Q4 performance in China, the struggling iPad and hints of new product categories coming down the pipeline.

Here are the biggest takeaways.

Top Apple execs sell $143 million worth of stock


Tim Cook, Phil Schiller and others sold Apple stock at a time when it was hitting record highs.
Tim Cook, Phil Schiller and others sold Apple stock at a time when it was hitting record highs.

Five top Apple execs — including Tim Cook and Phil Schiller — unloaded $143 million AAPL shares as part of a 10b5-1 planned sale, according to a new report from Barron’s.

Cook sold 348,425 Apple shares for $35,250,297, while Schiller dropped 348,846 shares for $35,256,000.

Other Apple higher-ups who did the same include CFO Luca Maestri, who sold his entire direct holdings for $1,631,286; Jeffrey E. Williams, senior vice president of operations, who raked in $35,233,446; and Bruce D. Sewell, general counsel and senior vice president of legal and government affairs, who made $35,393,915 on the deal.

Watch Apple’s massive cash hoard pile up in real time



Apple’s massive pile of cash is about to get even bigger this weekend as the the iPhone 6 triggers an avalanche of new upgrades after shattering Apple’s record for pre-orders in a 24 hour period.

Now you can watch Apple’s wealth grow dollar by dollar in real-time, thanks to U.K.-based payments company WorlPayZinc, which built an interactive graph to show how much money the world’s top tech companies are making in real-time. Apple is by far the most profitable company, as it rakes in nearly $51,000 every 8 seconds.

Check out the interactive graph below: