Apple just had its best September quarter of all-time and CEO Tim Cook couldn’t have sounded happier when he got on the phone with investors today. The company is heading into the holiday season with its best lineup ever and expects to set more records next quarter.
Investors did not seem to be too impressed with the results though. Apple’s stock price dropped from $222.22 to as low as $206 in after-hours training. Despite Wall Street’s worries about Apple, there was plenty of achievements for Tim Cook and Luca Maestri to boast about on today’s call.
There were the biggest revelations from today’s call:
A state agency dedicated to tackling consumer issues has demanded that Apple explains to customers how they can obtain cheap battery replacements. Company employees have reportedly refused to sign the notification.
Apple Pay could be about to launch in Brazil, based on sources familiar with the matter, and terms and conditions issued by one of the country’s major banks.
Users of iOS devices who attempt to add a Visa Platinum Personnalité card from Itaú Unibanco to their Apple Wallet receive a service agreement concerning the use of the card in a digital wallet. Previously, attempts to add this card resulted in a message saying that it was not supported — which is still the case for other bank cards in the country.
The 2016 Summer Olympics in Rio are set to be the most streamed event in sporting history thanks to NBC’s plan to live-stream all 34 sports. Apple TV users can get in on the 4,500 hours of coverage that starts on August 5th even if you don’t have a cable subscription.
Here’s how to watch all the action using Apple TV:
Apple’s encryption showdown with the U.S. government may be more or less dormant for now, but Facebook-owned WhatsApp has its own courtroom drama happening in Brazil. It scored a slight win today, however, as a judge overturned a decision yesterday that would have shut the whole thing down across the country for several days.
The controversy surrounds the messaging app’s end-to-end encryption. Specifically, the developer’s inability (and/or unwillingness) to crack it to comply with law enforcement requests.