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News roundup: Apple Pay reviews, Christian Bale as Steve Jobs and more

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post-300905-image-01cb9bfbc2359c759fe95a9a583374b0-jpg

Apple Pay is here at last. With U.S. customers giving the new payment method a try, results — and opinions — vary widely.

In this week’s news roundup, we talk about Cult of Mac’s first day with Apple Pay, the new Marvel movie leak, Christian Bale landing the role of Steve Jobs in an upcoming biopic and much more. Get your weekly fix of news in just minutes.

Subscribe to Cult of Mac TV on YouTube to catch all our latest videos.

10 key takeaways from Apple’s expectation-crushing earnings call

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Photo: Apple
Record iPhone sales keep Apple's money machine humming. Photo: Apple

Apple surpassed analysts’ expectations with $42.1 billion in revenue in the back-to-school season, buoyed by unprecedented iPhone sales and surprisingly strong demand for Macs.

While breaking down the Q4 2014 numbers during today’s earnings call, Apple CEO Tim Cook and CFO Luca Maestri offered insights into the company’s Q4 performance in China, the struggling iPad and hints of new product categories coming down the pipeline.

Here are the biggest takeaways.

Get iOS 8.1 now for Apple Pay, iCloud Photo Library and more

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Photo: Cult of Mac
Photo: Jim Merithew/Cult of Mac

Apple just released iOS 8.1, bringing Apple Pay, iCloud Photo Library and other new features to the mobile operating system.

Available now via Software Update, iOS 8.1 will let you quickly set up Apple Pay on compatible devices. Upgraders running OS X Yosemite will also notice additional Continuity features that let iOS 8 work with the latest version of the Mac operating system.

The 12 biggest takeaways from Apple’s iPad event

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Tim Cook gets ready to show off some new Apple products at the iPad Air 2 event. Photo: Apple
Tim Cook gets ready to show off some new Apple products at the iPad Air 2 event. Photo: Apple

It’s been way too long, joked Apple, since any groundbreaking announcements like the Apple Watch and iPhone 6 Plus. While the product refreshes announced at today’s iPad-centric event aren’t as high on “wow” as the revelations during last month’s big show, these are solid updates to product lines that continue to make Apple great.

Here are the top 12 things you need to know from today’s Apple event.

Apple’s entire iPad Air 2 keynote is now available online

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Life is good for Tim Cook in 2015. Photo: Apple
Tim Cook unveiled the rest of Apple's 2014 lineup today. Photo: Apple

Apple’s iPad Air 2 and Retina iMac keynote this morning was short on surprises, but if you weren’t able to watch the live stream as Tim Cook and Phil Schiller revealed the deets on Apple’s newest products, you can relive it on Apple.com.

The full video of today’s keynote has been posted on Apple’s website, and is also available on the dedicated Apple TV channel that showed up on devices today. The first half was mostly just a recap of Apple’s news from WWDC and last month’s keynote, but now you can just skip straight to Chief Secrecy Officer Stephen Colbert’s hilarious skit with Hair Force One at the 30 minute mark.

Source: Apple

Apple’s iMac with Retina 5K display is big, beautiful and full of pixels

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Photo: Apple
Photo: Apple

Apple finally unveiled its iMac with Retina 5K display this morning, and while the screen is bigger, brighter and more hi-deffer than ever, Apple still managed to make an incredible machine that’s gorgeous and affordable.

It’s the most incredible iMac Apple’s ever built, thanks to a Retina 5K display that puts high-end 4K displays to shame and upgraded processors and graphics in a package that’s just 5mm thin.

Think your desktop is ready for a Retina upgrade? Here’s what you need to know about Apple’s new desktop beast:

What to expect from tomorrow’s Apple event

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oct event invite

Until September, 2014 was a pretty quiet year for new Apple products. But the drought is over.

After announcing new iPhones and the Apple Watch last month, another media event is being held October 16th at Apple’s Town Hall auditorium on its Cupertino campus. “It’s been way too long,” joked Apple in its invitation to select members of the press. For those itching to see new iPad and Mac hardware, indeed.

While Town Hall is only a fraction of The Flint Center’s size, October 16th’s event shouldn’t be viewed as any less important. iPad sales are stagnant, and Apple’s desktop displays have been needing an upgrade for years. Apple Pay, an entirely new venture for the company, is expected to come out any day now. And then there’s always the chance that Apple still has at least one surprise up its sleeve.

Apple will live stream its special event on October 16

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Watch Apple unveil its new iPads live. Screenshot: Apple.com
Watch Apple unveil its new iPads live. Screenshot: Apple.com

With Apple’s last keynote live stream being an utter disaster, we weren’t holding out much hope for another one in the foreseeable future. But the company has today posted a note on its website that confirms you will be able to tune into next Thursday’s iPad event via the Apple website.

Carl Icahn thinks his Apple stock should be worth double current value

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Credit: Tactus.com
Credit: Tactus.com

It’s likely that Tim Cook doesn’t exactly look forward to hearing from Carl Icahn, but it’s difficult to argue that the activist investor isn’t a massive cheerleader for Apple.

As promised, Icahn published his open letter to Tim Cook today and the big surprise (spoiler alert!) is that he feels his 45 million shares of AAPL stock are grossly undervalued.

In a message entitled “Sale: Apple Shares at Half Price,” Icahn explains why he believes Apple stock is currently trading at half its true value, instead claiming it should be priced at $203 per share — based on growth forecast for the next two years, alongside the company’s massive cash reserves.