Apple might be a hardware first company which creates software only to drive sales of its physical devices, but that doesn’t mean it can’t earn a bit of money from its services, right?

According to a new Bloomberg report, Apple will earn a fee every time its newly-announced Apple Pay service is used to make a purchase.

The deals were reportedly brokered by Apple with each bank individually and will give Apple a sizeable share of the $40 billion generated by banks each year from so-called swipe fees for credit card payments. JPMorgan, Bank of America and Citigroup have not yet disclosed the terms of the deal.

CUPERTINO, Calif. — One of the big questions about the Apple Watch is how Apple will prevent thieves from ripping it off your wrist and using it to clear your bank account.

Because the Apple Watch is connected to Apple Pay — making purchases as easy as a quick swipe — what’s to stop miscreants from abusing it?

The answer wasn’t addressed at Tuesday’s unveiling, but an Apple staffer at the hands-on demo told me how the watch will be protected against fraud.

During yesterday’s unveiling of the iPhone 6 and Apple Watch, awesomely-named developers Super Evil Megacorp took to the stage to show off the iPhone 6’s impressive graphical capabilities through a demo of their forthcoming iOS game Vainglory.

Despite the presence of “scarf guy” (one of the demoing developers wearing an infinite scarf that’s already become an Internet meme), Super Evil Megacorp was able to claw back viewer attention for their “unapologetically core MOBA” (that’s multiplayer online battle arena to the noobs out there) developed by veterans from the likes of Blizzard and Riot.

And no wonder: the game looks fantastic, built on Super Evil’s E.V.I.L engine, and boasting full Metal support from day one. The game’s rolling out globally from next month, but for now excited gamers can check out the trailer after the jump:

Even when it was first unveiled, iCloud storage was expensive, and as companies like Dropbox and Google Drive have dropped the prices of their offering.

But an update to Apple’s iCloud webpage suggests that’s about to change. The company is radically dropping the price of iCloud Storage, starting at just $0.99 a month for 20GB of storage.

Months of rumors suggested Apple’s wearable device would be a health-centric powerhouse capable of predicting heart attacks, analyzing sweat and other miraculous feats. But in reality, the Apple Watch seems more like a sexy, supercharged fitness tracker than a full-fledged medical device.

Still, this is an ambitious first-generation device — a crucial step forward for wearables that points the way toward the comprehensive health and fitness device the Apple Watch could become.

Thanks to its impressive laser autofocus camera, Quad HD display, and improved design, the LG G3 has become one of this year’s hottest smartphones. But can those things help it fend off new competition from Cupertino? Apple today announced its new iPhone 6 and iPhone 6 Plus, both of which boast larger displays, faster processors, and water-resistant designs.

Choosing between all of these devices can be tough, but we’re here to lend a helping hand. Our comparison below will help you decide which is best for you.

We love it when Apple live-streams its keynotes so that we can watch along with those lucky enough to have gotten an invite, but yesterday’s was nothing short of a disaster. It was down more than it was up, and it made Tim Cook and Phil Schiller sound like Chinese girls. But if you missed anything, you can now catch up on-demand and uninterrupted.

Apple Watch might have stolen the spotlight at the Flint Center yesterday, but for many fans, tuning into the first 30 minutes was as impossible as scratching sapphire crystal glass.

Fans trying to watch the event via Apple TV and Safari were greeted by colorful bars and an Apple TV truck schedule. Even if you could get connected to the live stream, understanding Tim Cook and Phil Schiller was nearly impossible thanks to a Chinese translation track play loudly over the main feed.

It was an absolute disaster for the first 30 minutes from a company that executes marketing events with zen-like precision, but according to Dan Rayburn at Streaming Media, a few simple errors is all it took to bring down the show. After digging into the meta data and code from Apple’s site, Rayburn found the root of the problem: A couple lines of JavaScript.

Now we know that even Apple called its wearable “iWatch” internally, thanks to an incredibly rare slip-up by CEO Tim Cook.

In an interview with ABC News after Tuesday’s keynote, Cook casually called Apple’s new wearable iWatch instead of Apple Watch.

Apple Stores across the globe will have plenty of new big-ass iPhones on display tables in less than 10 days, but if you can’t wait to see how well the gigantic iPhone 6 Plus will fit in your hand, you can print out these printable scale models of the iPhone 6 and 6 Plus to get a feel for the device ahead of next week’s launch.

All you have to do is download the models here, print at 100% scale, cut them out, and you’ll be ready to create your own “hands-on” demo, no Flint Center invite required.

Here’s CultCast host Erfon Elijah taking his paper-thin iPhone 6 and 6 Plus out for a spin:

Apple and Path are close to a reaching a buyout agreement, according to a new report from PandoDaily. The social network app would likely be built into Apple Messages to some degree, although details remain unknown.

Dragging U2 onstage to end Apple’s big iPhone 6 event was more than a disappointing denouement to an otherwise solid piece of marketing theater: It was a tacit admission that the recorded music industry is gasping for its last breath.

During his peculiar onstage banter with Bono, Apple CEO Tim Cook called the iTunes-exclusive release of U2’s new album, Songs of Innocence, “the largest album release of all time.” He also crowed that dumping the record for free on iTunes’ half-billion users would make music history.

It did, but for all the wrong reasons.

One of the smaller details Apple failed to mention during today’s keynote was its new watch’s tolerance of liquids. While the Apple Watch is designed to stay on your wrist all day, it’s not suited for all situations.

It turns out that the Apple Watch will be just fine with a little water, but don’t plan on wearing it while swimming.

CUPERTINO, Calif. — The iPhone 6 is about the only phone that can make your iPhone 5 look fat and schlumpy.

The first thing you notice when you get your hands on one is that the iPhone 6 is pleasing to the touch: The aluminum feels great, the screen is big, bright and beautiful. This is the total package, possibly the best smartphone ever made, and definitely the best in class. I’m not ashamed to say I tried to sneak out of Apple’s demo tent with one.

Apple has some new software to go along with its new iPhone 6 and Apple Watch announcements from this morning.  iTunes version 11.4 is now available for Mavericks as free update.

iTunes 11.4 adds support for iOS 8 ahead of the public release on September 17th. The release notes state that update adds the ability for users to sync favorite music, movies and other content on iOS 8 devices.  The update is available now in the Mac App Store, or via direct download on the viTunes website.

During today’s mega keynote, Tim Cook enthusiastically showed two new ads for the iPhone 6 and 6 Plus. Both feature Jimmy Fallon and Justin Timberlake narrating.

Apple has posted the new spots to its YouTube channel, and you can expect to start seeing them on TV tonight.

iOS 8’s release is eminent with Apple announcing today that its new software will be released to the public on September 17th.

To get the App Store ready, Apple is officially accepting iOS 8 versions of apps from third-party developers.

The iPhone 6 and iPhone 6 Plus take everyone’s favorite smartphone to the next level. They are bigger, faster and thinner than their predecessors, with better battery life to boot.

In the videos below, you’ll get Cult of Mac leader Leander Kahney’s first hands-on impressions, straight and unfiltered from the demo room after Apple’s big press event in Cupertino, California.

Tim Cook just took Apple into uncharted waters with a new product that could completely redefine the smart watch category, but when he took the stage, Tim says he Steve Jobs was on his mind.

Minutes after the keynote closed, Tim Cook met up with ABC News’ David Muir and said that he thinks Jobs was smiling down on the event, and would be incredibly proud to see what the company is doing today. Cook also talked a little bit about the development of the Apple Watch, revealing that it’s the first post-Jobs device Apple has released.

Watch the short interview below:

CUPERTINO, Calif. — The Apple Watch doesn’t look like it comes from some distant future, where cars drive themselves and we never have to go through airport security again. Instead, it’s clearly the best smartwatch Apple could design based on knowledge gleaned from today’s experts — including those in arcane arts like metallurgy and horology.

And you will absolutely want one.

It may not look like it yet, but after trying out the Apple Watch, I’m convinced it will become an essential piece of kit – as important as your iPhone.

Apple finally showed the world today what the media has been calling an “iWatch” for months. Apple Watch is the first new product category to come out of the company since the original iPad.
It marks a “new era” for Apple, according to CEO Tim Cook, and introducing the Apple Watch was even deemed worthy of a “One more thing” tease (as made famous by Apple co-founder Steve Jobs).
There’s a lot to digest about Apple’s first wearable, so we’ve made it easy for you. Here are the 10 most important things you need to know about the Apple Watch.

Sony added the Xperia Z3 and the Xperia Z3 Compact to its smartphone lineup at IFA last week, and they’re the best devices the Japanese company has built so far. But are they good enough to take on Apple’s new iPhone 6 and iPhone 6 Plus? Can a water-resistant form factor and PS4 Remote Play beat Touch ID and Cupertino’s speedy A8 processor?

Find out how the latest flagships from Apple and Sony stack up against each other below.

Apple’s new iPhones are a big improvement over their predecessors in almost every way. Both the iPhone 6 and the iPhone 6 Plus pack the larger, sharper displays loyal users have been begging for, as well as a faster A8 processor, twice as much RAM, and improved iSight cameras.

But how does the iPhone 6 stack up against the latest devices from Samsung? Check out our comparison below to see if Apple’s new baby has what it takes to beat the Galaxy S5 and the Galaxy Note 4 in a specifications smackdown.

We finally know all the detail of the iPhone 6, but there’s just one question remaining: Which one are you going to get? The iPhone 6 has all the features of its bigger brother, but is your pocket jonesing for the iPhone 6 Plus and its monstrous 5.5-inch screen?

Pre-orders don’t start until September 12th, but you can vote in our poll above and drop the reasons for your choice in the comments below while you wait for iPhone 6 launch day on September 19th.

The iWatch is no longer a unicorn.

Apple finally unveiled its wearable device today — dubbed the “Apple Watch” — and Cult of Mac was there to get a hands-on look at the highly customizable smartwatch.