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Hardware iPhone News

IHS completes initial teardown, estimates iPhone 7 component costs around $220

They’ve run the numbers and after a preliminary teardown, iPhone 7 component costs are estimated to start at $219.80, which is $36.89 higher than iPhone 6s, according to a preliminary teardown of a 32GB model by IHS Markit. According to the report, the display remains the most expensive component, clocking in at an estimated $43 […]

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Apple Watch Hardware News Watch OS Wearables

Apple jumps gun on iDay, announces new, waterproof, GPS-enabled Apple Watch via Twitter

Apple may have jumped the gun on iDay thanks to Twitter in a tweet that has since been nixed. The company announced its next-generation smartphone in a promoted tweet shared at the beginning of its annual press event on Wednesday. The device, which is available for pre-order on Friday Sept. 16, is water resistant. This […]

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Apple Finance Legal News

Tim Cook pens scathing letter addressing Apple European tax controversy

There apparently came a moment where, in the wake of the controversy regarding Apple’s tax rate in Ireland, Tim Cook got angry and began smashing things. Responding to the Commission’s decision that Ireland should recover 13 billion euros ($14.5 billion) in back taxes from Apple, Tim Cook said that “in Ireland and in every country […]

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Apple Hardware News Patents

Apple patent hints at wearable device sporting electrocardiographic features

Apple may in fact be working on an EEG device or functionality. A recently published Apple patent application filing for an electrocardiogram device suitable for consumer use reinforces the company’s continued moves into the healthcare monitoring business. The patent application addresses a wearable, not specifically the Apple Watch, that can be used on any limb […]

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Apple Pay Finance iOS iPad iPad Pro iPhone macOS News Sierra Siri

Apple announces $42.4 billion in revenue, $7.8 billion profit for Q3 2016

You know, in most businesses, a quarterly profit of $7.8 billion would be considered a good thing. In Apple’s frame of mind, this isn’t that stellar. In today’s Q3 2016 conference call, representatives from Apple cited revenues of $42.4 billion, a profit of $7.8 billion with a margin of 38 percent. Apple CEO Tim Cook […]