Apple’s cash pile heads for $250 billion milestone

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Apple raked in the cash last quarter.
Apple raked in the cash last quarter.
Photo: Jim Merithew/Cult of Mac

Apple’s second quarterly earnings report of 2017 will likely reveal the company now has over a quarter of a trillion dollars of cash stashed in the bank.

The iPhone-maker has so much cash its reserves exceed the foreign-currency reserves of the U.K. and Canada combined. During the last quarter of 2017, Apple’s money-making machine was earning $3.6 million per hour.

Now’s the perfect time to sell your old iPad

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This girl is using her iPad, but you probably aren't
It might be time to say "goodbye" to your iPad (and "hello" to some cold, hard cash).
Photo: Unsplash

Today is the best day to sell your iPad. Why? Because with the new iPads coming this week, prices on older gear will soon drop.

If you’ve got an old iPad lying around, or even if you’re over your giant iPad Pro, sell your Apple tablet now before the bottom drops out — we’ll pay you for it through the Cult of Mac buyback program.

How to use Siri to send people money with PayPal

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Siri can now send friends cash using PayPal.
Siri can now send friends cash using PayPal.
Photo: PayPal

PayPal is making it super-easy to send friends money, thanks to new Siri support introduced in the company’s iOS app today.

Now you can use voice commands to tell Siri how much money to send, and who to send it to. All you have to do is set up the PayPal app to give Siri access. Here’s how to do it:

Ireland preps to appeal Apple tax case this week

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money
Apple has been criticized for its tax structure.
Photo: Jim Merithew/Cult of Mac

Ireland is set to submit its formal appeal of a European Commission ruling that claimed Apple owes the country more than $14 billion in unpaid taxes.

The controversial tax ruling has been opposed by Irish citizens, a majority of whom say they don’t want Apple’s money. Ireland’s Finance Minister Michael Noonan said today that the country’s government has no choice but to appeal.

Now is a great time to sell your old MacBook

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This guy spilled his coffee and then sold us his laptop.
This guy spilled his coffee and then sold us his laptop....
Photo: Pexels

With new MacBook Pro models just announced, it’s a great time to clear out your old laptop. Our MacBook buyback program will give you cash to upgrade.

You can still make money off your aging MacBook. Yeah, even those dusty old white ones from 2008. The buyback program will pay you cash for your Apple laptop, whether it’s the newest 15-inch MacBook Pro or a clunker you haven’t touched in five years.

The new MacBook Pro models look super sweeeeet, so it’s a great time to clear out old gear and pad your bank account so you can afford an upgrade.
The new machines are pricey, so you’ll need the extra cash.

Want to sell your iPhone? Better do it soon

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It's a great time to convert your Apple gear into cash.
It's a great time to convert your Apple gear into cash.
Photo: Ste Smith/Cult of Mac

Although WWDC is mostly software focused, it’s also significant reminder that Apple is always moving forward with new devices and other big announcements on the horizon.

Unfortunately for us Apple addicts that means you have to be prepared to shell cash when Apple busts out a surprise ‘One more thing…’ announcement, but it turns out Apple devices are a really good way to recoup some of those costs.

Liam can’t recycle every iPhone, even with 29 arms

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liam-apple-recycle-robot
Apple's new robot, Liam, is a recycling machine, but so are we...
Photo: Apple/YouTube

Liam, Apple’s robot that deconstructs iPhones to mine the valuable resources inside them, is certainly cool — but he’s still not the recycling machine we deserve (or need).

Just like any Apple product, Liam was designed to work well. But how much good does the robot, which took three years to develop and build, actually do?

Even the U.S. government thinks you should recycle your old devices

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We should probably start recycling more if we want Earth to stay this beautiful...
We should probably start recycling more if we want Earth to stay this beautiful...
Photo: NASA

Honestly, you know things are grave when the U.S. government thinks we’re behind on something. According to the Government Accountability Office, the United States has dismally low recycling rates for used TVs, computers and other devices.

There’s no national infrastructure for a strong recycling program, so states are left to take on the problem themselves, leading to a patchwork of regulations and inconsistencies on how to deal with it. Luckily, Cult of Mac can help Mother Earth and you at the same time — check out our Apple devices buyback program to either sell or straight-up recycle your used or broken gear.

Apple’s $425 million spike in R&D spending points to new products in pipeline

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Apple is heading toward a $1 trillion market cap. Photo: Pierre Marcel/Flickr CC
Apple is heading toward a $1 trillion market cap. Photo: Pierre Marcel/Flickr CC

Eddy Cue thinks 2014 will be the best product pipeline Apple’s had in 25 years, and according to the company’s latest filings with the Securities and Exchange Commission, Cupertino is certainly pouring enough money into R&D to back him up.

Apple increased spending in research and development 36 percent year-over-year in Q3, with an extra $425 million being funneled into R&D in the last quarter alone.

Fulki’s Handmade iPhone 5s Pocket: As Robust As It Is Beautiful [Review]

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Fulki-Pocket-iPhone

If you’re shopping for a new iPhone wallet case, you’ll be hard pushed to find one as suave and as strongly-built as the Fulki Pocket for iPhone 5 and 5s. Handmade from thick, belt-grade Italian leather, it’s the kind of case that’ll still be looking good and going strong long after the iPhone you slip into it has died out.

Pocket by Fulki
Category: Cases
Works With: iPhone 5 & 5s
Price: €85

The Fulki Pocket is designed to provide your iPhone with protection from scratches, scrapes, and bumps at almost every angle. It also has a small pocket that’ll carry your credit card or some cash, and the v-shaped cutout in its top edge will allow you to grip your iPhone with your thumb and forefinger when you’re pulling it out of the case.

The Fulki Pocket is available in tan, coffee, and cognac colors, and it’s priced at €85 ($116). It’s pretty pricey, but it’s worth it.