Target blames Apple for its own decline in sales

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Target says its Apple sales fell 20 percent over the past quarter.
Photo: Target

Declining sales of Apple products is one of the factors Target has blamed for its disappointing second-quarter earnings.

During a conference call today, Target CEO Brian Cornell noted that Apple products fell 20 percent in sales at his company’s stores, resulting in a double-digit percentage sales decline in the retailer’s electronics division.

100+ top designers take Apple’s side in fight vs Samsung

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Samsung has Silicon Valley on its team, but Apple has big name designers.
Photo: Jim Merithew

Legendary Braun designer Dieter Rams has joined forces with 110 other distinguished industrial design professionals to support Apple in its long standing fight with Samsung for copying the design of the iPhone.

The group of designers have filed a amicus briefing with the US Supreme Court arguing that Apple deserves the millions of dollars it was originally awarded in court because of the company’s innovative look that let to 1 billion units sold.

Target hopes for bull’s-eye with its mobile wallet

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Apple Pay, Android Pay, Walmart Pay... and now Target Pay?
Photo: Mike Mozart/Flickr CC

Target is reportedly looking to become a player in the mobile wallet game. The fourth largest retailer in the U.S. would be joining a market that’s quickly becoming pretty crowded. The next mobile payment solution on your smartphone very well could be Target Pay, though it can’t be confirmed at this time.

Apple scores its strongest Black Friday sales in history

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Apple raked in the cash last quarter.
Apple raked in more cash than ever over the Thanksgiving weekend.
Photo: Jim Merithew/Cult of Mac

Black Friday may have handed Apple its strongest Friday sales in history, thanks to third party retailers heavily featuring the company’s products in their own promotions.

According to a note sent out by analyst Trip Chowdhry from Global Equities, the Apple Watch is likely to emerge as the M.V.P. of the shopping holiday — as the result of retailers offering big discounts on the device, as well as free shipping and zero sales tax.