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8 tantalizing tidbits from Apple’s otherwise stultifying earnings call

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Apple Q3 2022 earnings roundup: The earnings call wasn't that exciting, but Apple still dropped some tantalizing tidbits on us.
The earnings call wasn't that exciting, but Apple still dropped some tantalizing tidbits on us.
Image: Sharon McCutcheon/Unsplash License/Cult of Mac

Apple earnings calls with analysts can offer fascinating glimpses behind the scenes at the iPhone-maker. Most of the time, though, they are dull as toast. That’s true even for the June quarter, when Apple managed to snatch financial success from the jaws of supply constraints.

But we endured the tedium of the call so you don’t have to. Just read on to get the interesting details almost lost in all the talk of basis points and CAPEX.

Apple earnings beat pessimistic predictions

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Apple earnings Q3 2022: Cupertino does it again! Against all odds, Apple squeaks out another record-breaking quarter.
Against all odds, Apple squeaks out another record-breaking quarter.
Image: Cult of Mac

Apple overcame considerable headwinds to set a new revenue record during its most recent financial quarter, the company said Thursday. Cupertino once again beat analysts’ expectations, despite COVID-19 lockdowns in China that slowed Mac and iPad production.

“Our June quarter results continued to demonstrate our ability to manage our business effectively despite the challenging operating environment,” said Luca Maestri, Apple’s chief financial officer, in a press release announcing the Q3 2022 earnings.

Apple’s leather MagSafe wallet is hard to lose track of [Review] ★★★★☆

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Apple Leather Wallet with MagSafe review★★★★☆
The Apple Leather Wallet attaches to your iPhone, and the iPhone helps keep track of it.
Photo: Ed Hardy/Cult of Mac

The Apple Leather Wallet with MagSafe magnetically clings to an iPhone. And it has a useful trick: The phone shows the user the location the wallet was last detached, so it’s easier to find if it gets lost. If you’re looking for a sleek and functional folder wallet, check out this review for more details.

As a fan of Apple’s Find My application, I decided to try it out.

New Backbone One PlayStation Edition kicks iPhone gaming up a notch

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You might as well get serious about gaming on your iPhone.
You might as well get serious about gaming on your iPhone.
Photo: Backbone

In partnership with Sony, Backbone said Thursday it’s launching a new PlayStation Edition of its popular game controller for iPhone.

And players will also find a new dedicated section inside the Backbone app for iOS. It includes new releases and updates from PlayStation.

The long wait for India’s first Apple store continues

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India Apple Online Store
Apple sells directly to consumers in India through its website, but still hasn't managed to open its landmark retail store in the country.
Photo: Apple

The first Apple store in India won’t open until 2023. Apple has been trying to open the retail location since 2019, but it’s been beset with delays.

The Mumbai store is supposed to be part of an important shift in the way the company does business in India. Another store in the country is also on the way.

Zuckerberg says Apple and Meta are battling over the internet’s future

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Apple versus Meta
The CEO of Meta says his company and Apple are in a "competition of philosophies and ideas."
Photo: Cult of Mac

Both Apple and Meta (formerly Facebook) are both building AR/VR headsets, but they’re going about it in dramatically different ways. Meta CEO Mark Zuckerberg reportedly told Meta employees the two companies are in “a competition of philosophies and ideas.”

It’s possible the metaverse is the future of the internet. And Zuckerberg describes Meta as being a leader in creating an open metaverse with multiple companies working together, while he says Apple is creating its own closed version.

But Zuckerberg’s comments ignore another major philosophical difference between the twin companies. Apple believes in protecting user privacy, but Meta makes its money by collecting and selling information about users.

Former Lamborghini exec will help steer Apple car design team

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Apple's new hire worked on this model, a Lamborghini Huracan.
Apple's new hire worked on this model, a Lamborghini Huracan.
Photo: Lamborghini

A former Lamborghini executive recently joined Apple to lead design of the company’s long-rumored self-driving car, according to a new report Wednesday.

As Apple works toward releasing an electric vehicle before the end of this decade, the addition of Luigi Taraborrelli, who worked for the fabled Italian automaker for 20 years, could accelerate the project.

Level up to a genuine ostrich leather Apple Watch band

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Ostrich leather is a whole new animal.
Ostrich leather is a whole new animal.
Photo: BluShark

Everyone knows leather Apple Watch bands are a timeless class-act, long-popular for a variety of reasons. But which kind of leather matters, too. One type might be quite durable but stiff, needing breaking in. Another type might be incredibly soft and supple from the get-go.

One option for the latter type would be ostrich leather. And while it’s always a premium choice, the Cult of Mac Store has a beautiful band for a surprisingly affordable price.

Apple TV+ trailer shows Bad Sisters trying to get away with murder

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Bad Sisters focuses on a very unusual family
Eve Hewson, Sharon Horgan, Anne-Marie Duff, Eva Birthistle and Sarah Greene in Bad Sisters, coming soon to Apple TV+.
Photo: Apple TV+

The Garvey sisters vowed to always take care of each other, which leads them toward murdering their abusive brother-in-law. Their scheme plays out in Bad Sisters, a creation of Irish actress, writer and producer Sharon Horgan, who is known for her darkly funny shows.

The comedy/thriller series debuts on Apple TV+ in August, and a trailer debuted Wednesday.

Apple buys 67-acre corporate center for new San Diego campus

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Apple buys 67-acre corporate center for new San Diego campus
Apple now owns the Rancho Vista Corporate Center in San Diego.
Photo: Swift Real Estate Partners

Apple reportedly put down $445 million for a 67.5-acre corporate center in San Diego. This will be a new corporate campus for the iPhone-maker.

The purchase comes after Apple vowed in 2021 to increase its workforce to more than 5,000 in the Southern California city.