Apple has acquired Matcha, a second-screen video search and recommendation service that was recently closed, for a fee believed to be between $1 million and $1.5 million.
Matcha was previously available as an iOS app, and it allowed users to get an overview of everything they could watch on a variety of cable TV networks and video-streaming services. But the service was closed back in May as it focused on a new direction — one which will now be controlled by Apple.
Despite “weaker” orders from Apple during the second quarter, Foxconn managed to post revenue that beat analyst estimates thanks to its increased focus on televisions. The company announced revenue of NT$897 billion ($30 million) over the three-month period, which is 0.6% higher than its second-quarter revenue for 2012, and better than the NT$829 billion expected by analysts.
Apple is close to securing a deal that will bring Time Warner Cable subscribers access to their cable television service through the Apple TV, according to sources with knowledge of the company’s plans, who have been speaking to Bloomberg.
The two companies are expected to announce the deal “within a few months.”
We’ve already brought you some of the most interesting topics that came up during Tim Cook’s interview at D11 last night, but if you’d like to watch the entire thing yourself, you can do so right now. AllThingsD has posted the entire thing — which runs for one hour and 20 minutes — online this morning, and you can watch it below.
This week on The CultCast: Apple Chief Tim Cook brings his Southern charm to Washington, hints at an iHologram; we break down the Apple tax debacle and say why their overseas billions are too legit to quit; and Xbox One vs. Apple TV, should Apple be worried?
All that and more on this week’s CultCast. Stream or download new and past episodes on your Mac or iDevice by subscribing now on iTunes, or hit play below and let the good times roll.
Show notes up next.
With over 500 episodes of The Simpsons aired on TV, and tons of Apple links, even a hardcore Simpsons and Apple fan might have missed this tribute to Apple. In episode #497 “The D’oh-cial Network” Lisa builds a social-network called SpringFace. The computer behind Lisa’s coding prowess was a Lisa computer by Mapple at the Springfield High School computer lab.
The Apple nod is a reference to the Apple Lisa which was released in 1983, and is named after Steve Jobs’ first daughter, Lisa Brennan-Jobs. The logo on the Simpsons’ Lisa computer is the Mapple logo which is just an apple that has been bitten on both sides.
Source: Reddit
Foxconn has been forced to make preparations for life after Apple following reduced demand for the iPhone and other iOS devices which has caused the company’s revenue to nosedive, The New York Times reports.
The manufacturer has been doing well off the back of Apple’s hugely successful devices in recent years, which have been contributing at least 40% of its revenue, according to analyst estimates. But after suffering a 19.2% drop in revenue during the first quarter of the year, thanks to declining iPhone and iPad orders, Foxconn is now looking at ways in which it can be less reliant on Apple.
Hulu.com has long enabled us to watch our favourite content when we want on our computers. But what if you could add a whole other layer to your Hulu experience – one that gives you unlimited streaming on a myriad of devices, with access to entire seasons of your favorite series – and all in high-definition?
Well, that’s what Hulu Plus delivers.
Hulu Plus gives even more control over your entertainment options – and Cult of Mac has a deal that will help you take control of your entertainment: one month of Hulu Plus for absolutely free!
Russian billionaire Alisher Usmanov has revealed that he recently spent $100 million on Apple shares in anticipation that they will rebound. The 59-year-old believes that Apple is a “very promising” investment, despite the current share price being almost 40% off its peak last September.
Apple’s quarterly profit probably fell for the first time in over a decade, thanks to new products with lower profit margins and a slowing demand for the iPhone, Bloomberg reports. Fourteen analysts have reduced their estimates for Apple in recent weeks, and on Friday, the Cupertino company’s share price fell below $400 for the first time since December 2011.
Brian White, an analyst with Topeka Capital Markets, brings us a crazy new rumor about the much-anticipated Apple television today following recent meetings with supply chain sources in China and Taiwan.
White claims that the “iTV” will finally launch during the second half of 2013, and that it’ll come with a miniature device called the “iRing”, which the user will wear on their finger to act as a pointer. The device will enhance the motion detection experience and take over some of the functions of the traditional remote control, apparently.
Apple is gearing up to send its much-anticipated “iTV” into mass production during the second half of this year, according to sources in the Cupertino company’s supply chain, who have been speaking to DigiTimes. The set will reportedly boast a 4K “Ultra HD” display with a 3840×2160 resolution, and it’ll be controlled by voice and motion.
Bloomberg recently revealed that Apple has a team of 100 people working on its new iWatch, and according to its latest report, the Cupertino company is hoping to launch the device this year. The smart wristwatch, which could make calls, provide maps, and offer a pedometer, is expected to become more profitable than Apple’s much-anticipated television set.
Apple is said to be preparing three new iPhone handsets for launch during 2013, two of which will appear in June, China Times reports. In addition to a slightly updated iPhone 5S, the Cupertino company is expected to unveil the “iPhone Math,” a larger device with a 4.8-inch display. Both devices are to offer improved internals and an 8-megapixel rear-facing camera.
Team Cult is back from Vegas, baby! Yes, we’re still a little, um, foggy minded, but with plenty of new Apple news to discuss, the show must go on.
On this episode of The CultCast, we discuss rumors of iPhone 5S, and ponder how some recent Apple acquisitions means the mystery phone could have some very radical new features.
Then, has Apple lost its mojo? And what about all those rampant rumors that iPhone 5 just isn’t selling? Bollocks! On our newest episode, we sort it all out for you.
Eager to listen but not sure how? Easy! Subscribe to The CultCast now on iTunes, or easily stream new and previous episodes via Apple’s free Podcasts App.
Click on through for the full show notes.
Didn’t get those speakers you were looking for under the tree this year?
Well, Cult of Mac Deals may just have you covered. Thanks to our friends over at TuneUp and Audioengine we’re going to select 4 lucky winners to take home a sweet set of Audioengine home speakers that you can connect to any of your iDevices, computers, or televisions to bring premium sound to any room in your home. This is one giveaway that sounds too good to miss out on!
Apple’s much-anticipated television set has entered its initial testing phase at Hon Hai Precision Industry, a company source has revealed. It’s expected to feature a display between 46 inches and 55 inches in size, and shipments are likely to be “huge.” Don’t expect to have one in your living room anytime soon, however; it doesn’t look like it’s going to get its grand unveiling during 2013.
After months of steady growth, Apple stock hit an all-time high of $705.07 in late September, and it seemed there was no sign of stopping it from breaking through the $1,000 barrier and making Apple the world’s first trillion dollar company. Take a look at the market today, however, and it paints a very different picture.
Apple stock fell a whopping 25% in November, and on Friday, it hit a ten-month low. Today, shares dipped below the $400 mark. This is despite the recent launch of the iPhone 5 and the iPad mini, both of which appear to be selling incredible well. Can the Cupertino company put an end to this nasty slide? Analysts don’t think so.
I hope it looks like this. Apple has begun testing high-resolution television set designs with manufacturing partners in Asia, according to a new report from The Wall Street Journal that cites unnamed sources within Foxconn. Both Foxconn and display manufacturer Sharp are said to be involved in the process, which is still in its early stages.
Still fantasizing about replacing your aging plasma with a new Apple television? According to recent speculation, the Cupertino company is going to announce the revolutionary new set any day now. But according to former Apple executive and current Apple watcher Jean-Louis Gassee, we’re kidding ourselves.
Gassee says that the rumors surrounding the device are nothing but an “enduring fantasy,” and that the only thing Apple will release that’s close to a television is a new Apple TV set-top box.
On Thursday, Jefferies analyst James Kisner revealed that the much-anticipated Apple television, the product we’ve been talking about for well over a year, is almost ready to make its big debut. In fact, Kisner said its launch was “imminent.”
According to sources for AllThingsD, however, it’s not quite as close as Kisner would have you believe. While Apple has indeed held talks with a number of large cable companies, it seems it hasn’t yet spoken to TV programmers. With that in mind, it seems the Apple television is some way off just yet.
While we’re almost certain Apple is working on its own television set, when it will launch is a complete mystery. Initially it seemed the set could make its debut before the end of 2012, and then reports pushed the release date back until 2013. Now according to a new analyst report, it’s unlikely won’t be adding an Apple HDTV to your credit card bill any time soon.
Why? Apple’s senior vice president of internet software and services Eddy Cue has reportedly indicated to analysts that there’s still a lot of work to be done with content providers.
Even with the iPad eating away at the time we spend in front of the bigger screens — in my case, the iPad is my screen of choice when watching Netflixed TV shows — cable subscriptions still have a ton of appeal. Want to watch the Olympics live on your iPad via the official NBC app? You’ll need a cable subscription; and then there are all the recent great cable shows: Walking Dead, Breaking Bad, etc.
But you’ll need a guide to sort through the mire, and that’s where the i.TV app and your trusty iPad or iPhone comes in.
Just days after opening the App Store to 32 additional countries, Apple released a press release this morning to announce that the iTunes Store is also extending its reach to another nine countries in Asia today, including Hong Kong, Singapore, and Taiwan.
Watching the new WWDC 2012 developer video “Introducing Passbook, Part 1,” we couldn’t help but notice that about three minutes in, one of the example passes Apple uses to show off Passbook’s functionality is for a ticket on Oceanic Flight 815 from Sydney to Los Angeles.
If that fictional airline sounds familiar, it should: that’s the same airline and flight as the one which kicks off the events in the hit ABC television series, Lost.
Using that ticket in real life would see you stranded on a mysterious, time-shifting tropical island in the middle of nowhere, where you would have to wrestle with rampaging polar bears, sexy ladies, malevolent insect swarms and an enragingly stupid sixth season that basically boils all of the mysteries down to “a wizard did it.”
Source: developer.apple.com (Developer account required)
Thanks: Alex M!