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News - page 891

Tim Cook reveals $1 billion fund to boost U.S. manufacturing

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Apple wants to help spark a manufacturing boom in the US.
Apple wants to help spark a manufacturing boom in the US.
Photo: CNBC

Apple is making a $1 billion investment aimed at boosting high-tech manufacturing jobs in the United States, CEO Tim Cook said today.

“We asked ourselves, ‘How can we get more people to do advanced manufacturing in the United States?'” Cook said during an interview with Mad Money’s Jim Cramer at Apple Campus today. “And I’m proud to tell you that we’re creating an advanced manufacturing fund. We’re initially putting $1 billion in the fund.”

Twitter flips out over mysterious Tim Cook tweet

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Tim's got a lot to be happy about.
Tim's got a lot to be happy about.
Photo: Twitter

Apple CEO Tim Cook set Twitter ablaze with speculation today — and all it took was a simple smiley face emoji.

Cook sent out a tweet with just a smiley face emoji this morning. No other context was provided, and the tweet got deleted shortly later, leading Apple fans on Twitter to wonder what the most powerful man in tech was really trying to say.

These are the most popular theories:

The Apple Watch business is way bigger than you think

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apple watch bands
Apple Watch Series 3 needs to be special.
Photo: Apple

Apple Watch gets a lot of stick for being a “me-too” product, and people who don’t see the need for a smartwatch assume the business is a bust. There’s this crazy perception that Apple Watch is just not selling — but that couldn’t be further from the truth.

The Apple Watch, alongside other Apple wearables, is now raking in billions of dollars every year. The business is huge. So huge, in fact, that it would be a Fortune 500 company all by itself, outselling supposed smash hits like Microsoft’s Surface tablets and the Amazon Echo.

Here’s why Apple Watch isn’t the flop you think it is.

HBO plans to pull its shows off Amazon Prime next year

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You'll have to subscribe to HBO Now to see Game of Thrones.
You'll have to subscribe to HBO Now to see Game of Thrones.
Photo: HBO

The battle for video streaming supremacy is already turning allies into rivals.

After making some of its best shows available on Amazon Prime since 2014, HBO revealed today that it does not plan to renew its licensing pact with Amazon once it expires next year.

The ultimate MacBook charger, smallest 4G phone and more [Crowdfund Roundup]

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All the ports you need.
All the ports you need.
Photo: PowerUp

Crowdfund Roundup bugWith only a single USB-C port to work with, it’s difficult to connect anything other than a charger to your MacBook. That’s why you should treat yourself to PowerUp, a charger with three traditional USB ports built-in that lets you connect all the devices you need.

It’s just one of the awesome ideas in this week’s Crowdfund Roundup. We also have the world’s smallest 4G smartphone, a smart water bottle that will help you stay hydrated, and more!

Hulu is bringing live TV to iOS

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Hulu
Hulu's new app is a cord-cutter's dream come true.
Photo: Hulu

Ever wanted to watch live TV on your iOS device? Thanks to Hulu, you can!

That’s because the company today introduced its Hulu with Live TV app. The app will fulfill a range of functions — from the ability to watch more than 50 live and on-demand TV channels and record them to your Cloud DVR to tracking features, designed to let you manage your shows, movies, and networks.

Apple places orders for its Amazon Echo rival

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amazon-echo-adds-spotify-to-its-musical-repertoire-image-cultofandroidcomwp-contentuploads201602amazon-echo-jpg
Standalone Siri speaker could be shown at this year's WWDC.
Photo: Jim Merithew/Cult of Mac

Apple has reportedly placed the first orders for its standalone Siri smart speaker, a device designed to rival the Amazon Echo.

Inventec, the Taiwan company that makes Apple’s popular AirPods, received the order, which was reported by the Chinese-language Economic Daily News. No order numbers or production timeline have been revealed, although previous reports suggest Apple could unveil the device this June at its Worldwide Developers Conference.

Here’s why iPhone sales slowdown may be good for Apple

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Apple raked in the cash last quarter.
Do falling iPhone sales mean growing iPhone 8 excitement?
Photo: Jim Merithew/Cult of Mac

Apple reported weaker-than-expected iPhone sales during its earnings call yesterday. However, not every Apple watcher is convinced that’s bad news for the company.

In a note to clients, Mizuho Securities analysts Abhey Lamba and Parthiv Varadarajan suggest that the “pause” in sales is less likely to be about people losing interest in the iPhone — and more related to massive excitement over the forthcoming iPhone 8.

Trouble in China, iPhone slump and other Apple earnings surprises

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How will investors respond to Apple's relatively flat earnings?
How will investors respond to Apple's relatively flat earnings?
Photo: Ste Smith

Apple’s Q2 earnings report for 2017 just barely beat Wall Street’s expectations when the numbers were revealed this afternoon, but there are plenty of reasons to still be optimistic about AAPL.

During the company’s call with investors today, Apple CEO Tim Cook and CFO Luca Maestri discussed some of the struggles the company experienced last quarter, from slumping iPhone sales to economic headwinds in China.

Here are the biggest takeaways:

Liveblog: Just how good (or bad) was Apple’s Q2?

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apple earnings
Apple's money-making machine is on a new level.
Photo illustration: Steve Smith/Cult of Mac

Apple is set to reveal its second quarterly earnings report of 2017 this afternoon. And according to analysts, the numbers won’t be nearly as impressive as last quarter’s record-shattering results.

Tim Cook and Apple CFO Luca Maestri will run through all the numbers with investors today at 2 p.m. Pacific. As usual, Cult of Mac will be liveblogging the action with all the analysis and snark we can muster.

Come join the fun:

Apple beats expectations in Q2 2017 earnings report

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Apple could be a $2 trillion company by end of 2021
Apple could be a $2 trillion company by end of 2021
Photo illustration: Ste Smith/Cult of Mac

Apple just posted its earnings for Q2 2017 and while the numbers aren’t as monstrous as last quarter’s, there’s a lot to love in the new report.

With revenues hitting $52.9 billion, Apple returned to growth for the second straight quarter with $11 billion in profit. iPhone sales were down year-over-year, but Apple CEO Tim Cook says demand for the iPhone 7 Plus is still high.

Apple plans to help you count calories

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RFID apple watch
RFID tags could communicate nutritional information with your Apple device.
Photo: USPTO/Apple

Future iPhones or Apple Watches may be able to help users with calorie counting, alongside the step-tracking and other information they already help us keep tabs on.

That’s according to a newly-published Apple patent, which describes device-readable RFID tags the company has invented. These could be used to send nutritional information — such as caloric value, fat and sugar content, and more — from food packaging to your NFC-enabled Apple device.

Travel battery will keep your iPhone and Apple Watch juiced

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Ready to give charge on both devices.
Ready to give charge on both devices.
Photo: Elevation Lab

The iPhone helps with an endless number of tasks, but with a finite amount of battery life. So extra power is easy to find, whether it’s in an external battery or a battery integrated iPhone case.

But that battery is one more thing you have to charge. Strap on an Apple Watch and soon you are looking for a bigger bag that makes room for the charging needs of your various devices.

Portland-based Elevation Lab has a travel battery that takes virtually no room and can charge both your Apple Watch and iPhone a few times before it needs to recharge.

Samsung Bixby rap takes secret stab at Siri

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Bixby
Bixby Voice is on its way.
Photo: Samsung

Samsung’s new Bixby assistant finally found its voice in South Korea today, over a week after making its debut on the Galaxy S8. Unlike its rivals, Bixby has the ability to rap, and Samsung uses that to take a cheeky, secret stab at Siri.

Dine with Tim Cook at Apple Park … for a fee

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Tim Cook takes home $125 million for Apple’s best year since 2009
Tim Cook will wine and dine you -- for a price.
Photo: Jim Merithew/Cult of Mac

Want to have lunch with Tim Cook at the brand new Apple Park campus?

If you answered “yes,” and you happen to also be in possession of tons of disposable income, you’re in luck — because that’s what is being auctioned off as part of the 10th Annual Robert F. Kennedy Human Rights Spring Auction on Charitybuzz.com. And it’s already open for bids!

Just two games dominated the App Store last year

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birthday
Pokémon GO was one of last year's biggest hits.
Photo: Pokémon GO

Two iOS games reportedly broke the $100 million mark in terms of their U.S. App Store revenue last year, with Clash Royale and Pokémon GO dominating when it came to raking in money.

Clash Royale, a real-time multiplayer game spinoff of Clash of Clans, earned $277.1 million from an estimated 19.1 million downloads. Augmented reality game Pokémon GO meanwhile pulled in $270.2 million from a whopping 42 million downloads.

Check out the rest of the top 10 list below.

Google Maps, Amazon and eBay quietly drop Apple Watch support

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Apple Watch with brown strap
Support for Apple Watch disappeared in April.
Photo: Lyle Kahney/Cult of Mac

Google Maps, Amazon and eBay have all quietly dropped support for Apple Watch in their recent app updates.

So far, no reasons have been given for the decision, although Google noted that despite removing, “Apple Watch support from our latest iOS release [we] expect to support it again in the future.”