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Apple Pay iPhone News retail

Apple pay currently dominating mobile payments market, could affect retail industry in the long run

Apple Pay might just wind up on top. A few years ago, when the technology was first introduced, it seemed like a vague idea. Today, according to new survey data released by Boston Retail Partners, Apple Pay is not only booming, it’s the mobile payments standard, surpassing PayPal, which had nearly a decade headstart. This, […]

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Apple Finance iPad iPhone News

Apple reports $78.4 billion in revenues, $17.9 billion profit for Q1 2017

Where Apple’s profits had been down in the past few quarters, the company came back hard in the Q1 2017 financial report. Apple on Tuesday posted quarterly revenue of $78.4 billion, setting an all-time record for the company with a total net profit was $17.9 billion. The lion’s share of the profits came from the […]

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Hardware News retail

Mac shipments fall 13 percent in year-over-year comparison to third quarter of 2016

It looks like Apple will need some new blood in its Mac product line to stop its decline in sales. According to a new report from IDC, third-quarter PC shipments declined by 3.9 percent compared to the same quarter last year, but Mac shipments dropped by 13 percent. PC shipments totaled 68 million units. Still, […]

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battery Hardware News Samsung

Samsung cites nearly 60 percent return rate for faulty Note 7 devices

The Samsung recall on the Note 7 device and its affected batteries seems to be working. As of Monday, 57 percent of Note 7 owners had swapped for new devices, Samsung Europe said. Note 7s were available for pre-order only days before the recall, limiting the number sold in the region, it said. Most of […]

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Apple Watch News retail Wearables

Updated Apple Watch estimates place unit sales at just under 7 million

The current guesstimate is that Apple has sold almost 7 million Apple Watch units since the device’s launch in late April, thereby trouncing competing smartwatch products from firms like Pebble, Samsung and Motorola. This figure comes from analyst Daniel Matte of Canalys, who said that “After experiencing significant supply chain constraints early on, Apple managed […]