Life at Apple has been phenomenal ever since Tim Cook took over as CEO. AAPL shares are up 120 percent. 750 million iOS devices have been sold. $100 billion was returned to shareholders. And Apple just became the first $700 billion company in history.
To celebrate a successful 2014 campaign, Cook sat down with Goldman Sachs President Gary Cohn today to talk about how Apple achieved its unbelievable results, as well as what other tricks the company has up its sleeves.
Here are the 12 biggest revelations from Cook’s Goldman Sachs tech conference appearance:
You know how it is; as a brimming young tech-savvy hipster, you need to carry a lot of gear with you as you cycle from the coffee house to the park bench, writing your magnum opus and staying in touch with your iPad, Macbook Air, and iPhone.
The thing is, that gear usually comes with a ton of support gear, with all sorts of plugs, wires, battery packs, extra mice, point-and-shoot camera and the like. You’ll be awash with the detritus of your modern monadic life in no time without some sort of organizational system that you can strap to your back while on the go.
Kastel thinks it has the answer with a Kickstarter project to fund a new line of functional, good looking bags for your gear, soon to be available in three savvy material choices, including leather and blue and grey linen.
Apple’s share price may be falling quickly at the moment, but company co-founder Steve Wozniak is confident it’ll rise again thanks to future products that will “surprise and shock us all.” Speaking at the Login technology conference in Vilnius, Lithuania, Woz said “the stock price is a little low right now,” but notes that industry profits “are still with Apple.”
At a Techonomy conference today, two of the four panelists called out Apple as “most likely to succeed” at a session discussing how advertising could affect existing media companies.
While the session itself didn’t spend a lot of time on Apple, according to Techcrunch, the panel ended with an answer to moderator Dave Morgan’s question on predictiong the world’s most powerful media company in 2020. Digital agency AKQA’s Tom Bedecarre said that Apple would take the top spot, due to the several media delivery platforms that it owns or controls.
Another panelist and CEO of SocialFlow, Frank Speiser, agreed, adding that the time was ripe for a company like Facebook or Twitter to team up with Apple to help improve discovery, thus giving the partnering company a leg up in the media landscape.
Apple finds itself involved in yet another patent lawsuit.
Apple has been named in a California lawsuit filed by EPL Holdings for allegedly infringing a patent that covers audio and video playback at varying speeds. The filing reports that EPL met with Apple back 2002 to discuss licensing over the patents it had developed. But the Cupertino company is alleged to have used the technology anyway without reaching a licensing deal.
The new iPhone could be at least 1.4mm thinner thanks to its new display.
In an effort to make its sixth-generation iPhone slimmer than previous models, Apple will reportedly introduce a new display that features clever “in-cell” touch technology that allows it to become significantly thinner than existing iPhone displays by negating the need for a dedicated digitizer. According to sources for TheWall Street Journal, mass production of these displays has already begun.
The publication MIT Technology Review compares major consumer technologies, from the telephone and television to the mobile phone and tablet. Their conclusion is that mobile phones have gone “mainstream” faster than any other major technology in history, achieving this status in just 20 years.
They also break down speed of acceptance in stages, which makes for interesting comparison. For example, it took landline telephones about 45 years go to from 5% penetration in the United States to 50%, compared with just 7 years for mobile phones.
What’s most surprising about the report is that touch tablets are actually spreading way faster than even cell phones. And this fact is more interesting still when you consider that one company, Apple, is almost solely responsible for this growth, and one product, the iPad, pretty much is the touch-tablet market.
The world’s first iPad-only newspaper, The Daily, is no longer an iPad-only newspaper after making its debut on the iPhone today. Launched back in February 2011, the publication is optimized for the digital age, and provides the latest breaking news for a whole host of topics, including business, the arts, technology, and sports.
Despite the promise of royalty-free licensing, Nokia is still against Apple's nano-SIM proposal.
Despite promising that it would provide its rivals with royalty-free licenses for its nano-SIM technology, Nokia still isn’t convinced by Apple’s proposal for the next-generation of miniaturized SIM cards. The Finnish company has already spoken out against the tiny SIM, but following Apple’s offer of free licensing yesterday, it has labelled the plan nothing more than an attempt to devalue the intellectual property of its rivals.
As WWDC and the unveiling of iOS 5 approaches, we’re all wondering what Apple may or may not bring to its devices with the next major iOS release. One thing that could be introduced is speech recognition, courtesy of Nuance Communications – the company behind the Dragon Dictation applications for the iPhone and iPad.
According to a TechCrunchreport that cites “multiple sources,” Apple has been negotiating a deal with Nuance which could see them integrate the company’s speech recognition technology into the iOS platform. While negotiations could have potentially been about an Apple takeover of Nuance, TechCrunch believes that at this point that’s unlikely.