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Apple working on PrimeSense purchase

Apple is currently in talks to buy the Israeli company, PrimeSense, the developer of the original 3D body sensing technology used by Microsoft for its Kinect platform. Since the release of the Xbox One, Microsoft has turned to it’s own solution for the current iteration of the Kinect hardware and software. Back in July of the […]

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Finance News

Apple releases Q4 2013 numbers, shows $7.5 billion profit, but relatively flat year-over-year sales

A US$7.5 billion quarter is nothing to sneeze at, but the sales were a bit flat compared to a year ago. Per Macworld, Apple wrapped up its 2013 fiscal year Monday with a US$7.5 billion profit on US$37.5 billion in revenue, reporting accelerating growth buttressed by strong iPhone sales and growth in the Chinese market. […]

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Finance News

Apple to release Q4 earning results today, analysts looking for company to beat its own guidance

Apple’s Q4 financial results are due in via a conference call today and according to 9to5Mac and Fortune, more than half of the analysts included in Fortune’s survey expect the company to beat its high-end guidance of $37B. The average is driven up by the amateurs, who come in at US$37.38B, while the professionals expect […]

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Finance News

Apple to announce Q4 2013 earnings on October 28th

The financial results are coming. Per AppleInsider, Apple on Monday announced that it will release its fourth fiscal quarter results immediately following the close of the stock market on October 28. The results, which cover the company’s operations from July through September, will include the first full week of sales for the company’s sales record-breaking […]

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Finance News Software

Apple confirms purchase of Cue, has yet to disclose final sale price

It’s hard to say exactly WHAT Apple will do with Cue, but there’s some interesting possibilities. Per AppleInsider and TechCrunch, Apple is said to have purchased Cue, a startup company behind a personal assistant app for iPhone which shut down just this week. An anonymous source claimed on Thursday that Apple is buying Cue, which […]