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Trust the magic pipeline and other key takeaways from Apple’s Q3 earnings call

Last quarter was bright but the future's even brighter, according to Apple.

Last quarter was bright but the future’s even brighter, according to Apple.

Even Apple execs sounded pleasantly surprised as they revealed last quarter’s mostly higher-than-expected numbers Tuesday. But in what’s become something of a refrain in Cupertino, they couldn’t stop themselves from vague and knowing references to the incredible products waiting in the magical Apple pipeline.

Trust us, they seemed to say: Last quarter’s net profit of $7.7 billion — fueled by robust sales of iPhones, MacBooks and a surprisingly strong showing in the iTunes Software and Services category — was totally great, but wait till you see what we’ve got up our sleeves.

“We’re expecting a very busy fall,” said Luca Maestri, Apple’s chief financial officer. “We’re very excited about what’s in the pipeline.”

What else did Apple executives have to say during Tuesday’s Q3 earnings call? Here’s our take on everything you need to know from the latest numbers talk.

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Liveblog: Hard facts and cheap shots from Apple’s Q3 2014 earnings call

Time Cook onstage at WWDC 2014. Photo: Roberto Baldwin/The Next Web

CEO Tim Cook will tell investors why Apple is still numero uno in today’s Q3 earnings call. Photo: Roberto Baldwin/The Next Web

Tim Cook and newly-apointed CFO Luca Maestri are getting ready for Apple’s Q3 2014 earnings call with investors. The call will reveal just how much cash the company raked in over the past three months and what they should expect later this year. We’ll be right here, liveblogging the whole thing.

Apple hasn’t released a new product this quarter, but investors on Wall Street are still bullish about the future of AAPL, sending the company’s stock price surging 26% since its last earnings report.

Whether Apple was able to beat expectations of $38.4 billion in revenue without an explosion of new sales will finally be known today at 2 p.m. Pacific, and we’ll be ready to dish out all the news and juicy tidbits Tim and the team tell investors.

So keep this page open for the full scoop on how ridiculously profitable Apple was last quarter, as well as what’s to come its “most exciting product pipeline in 25 years.”

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iPad decimates rivals when it comes to Web browsing

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With a great quarter behind Apple and massive refreshes of both iOS and OS X in the near future (along with a little something called the iPhone 6) Tim Cook is unlikely to have a lack of things to crow about during today’s earnings call.

If he is, however, maybe he can bring up the fact that – despite increased competition – the iPad is still driving a massive majority of tablet web usage, as measured through ad impressions.

The data was collected by research firm Chitika Insights, who sampled tens of millions of U.S. and Canadian ad impressions between July 1 and 7 this year. They found that the iPad accounts for 78.0% of all tablet ad impressions — up from the 77.2% the iPad represented back in April, and one of the largest quarter-over-quarter increases for any tablet brand.

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8 fantastic crowdfunding projects every techie ought to love

Apple patent describes Pebble-style ‘iTime’ smart watch

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Apple’s long-awaited smart watch could be, appropriately enough, called iTime.

In what is quite possibly the strongest indication to date that Apple has been working on a smart watch for some time, on Tuesday the U.S. Patent and Trademark Office published an Apple patent related to a “Wrist-worn electronic device” referred to as iTime.

The patent was first filed back in 2011, and describes a device reminiscent of the Pebble smart watch – which would act as a notifications system for other Apple devices such as your iPhone and iPad, with information communicated wirelessly between these devices by way of Bluetooth. Alerts such as phone calls, text messages, and push notifications could be sent to your watch, with the user then made aware of these by way of audio, visual, or vibration cues.

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Apple orders insane number of new iPhones, but 5.5-inch model faces setbacks

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Apple is asking its manufacturing partners to make a record 70-80 million units of the iPhone 6 for the holiday season, according to The Wall Street Journal. What’s interesting is that Apple isn’t having suppliers make the 4.7 and 5.5-inch models simultaneously.

While it looks like Apple is expecting to sell more iPhones than ever before in the coming months, new technology used in the iPhone 6 (especially the 5.5-inch version) is still making production difficult.

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Tomorrow’s Apple earnings are just the calm before the storm

Tim Cook leaves the stage at the end of the 2014 WWDC keynote. Photo: Roberto Baldwin/The Next Web

Tim Cook onstage at WWDC 2014. Photo: Roberto Baldwin/The Next Web

Don’t expect anything too exciting from Apple’s third quarter earnings tomorrow.

This is Apple’s slowest part of the year. The summer slump means no new hardware, which means no explosive sales growth. But that’s alright, because the best is yet to come.

Tim Cook and co. have promised that truly epic things are coming in the fall, and Wall Street is actually excited about Apple again.

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Hands on: See iOS 8 beta 4’s new features in action

With iOS 8’s expected September release getting closer and closer, anticipation for Apple’s updated mobile software is growing. Beta releases, pushed to developers every few weeks, show off the latest tweaks and new features, and today’s release of iOS 8 beta 4 is no exception.

In today’s video we go hands-on and take a quick look at everything new in the latest version of iOS 8. See a redesigned Control Center, the helpful new Tips app and other key upgrades to Apple’s mobile software.

Subscribe to Cult of Mac TV on YouTube to catch all our latest videos.

A look at the redesigned iTunes 12 in OS X Yosemite beta

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Screenshot via @iPL1231

Apple has included iTunes 12 in the newest OS X Yosemite beta released today. It’s a pretty clean redesign that focuses on de-chromifying a lot of the interface elements and introducing new icons.

The iconic iTunes icon has also been changed from blue to a reddish pink. Here’s more of what iTunes 12 looks like:

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All the little tweaks Apple added to iOS 8 beta 4

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iOS 8 just got a little bit closer to completion for its launch this fall with the release of iOS 8 beta 4 this morning. Apple didn’t add any major new changes (unless you’re a hardcore lover of Control Center), but the new beta is full of tiny little tweaks that will make your iPhone feel like new when iOS 8 drops in September.

We’re still combing through all the new features Apple just added to iOS 8 beta 4, but there are already some big additions like the new Tips app, an improved Control Center, new Handoff settings and little tweaks galore.

Here are all the little features Apple added to iOS 8 beta 4:

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