Tag Archives: aapl

Apple revamps iPod Touch, pushes Apple Music service

Apple (AAPL) isn’t giving up on its iPod business, even though sales of the media players have been cannibalized by the iPhone. Apple on Wednesday refreshed its iPod lineup with a revamped iPod Touch and new colors for all iPod models. The iPod Touch now features an 8 megapixel rear-facing camera (up from 5 MP) and improved FaceTime HD camera for better selfies and video chats. The guts of the device have been upgraded with Apple’s A8 chip, which has 10 times faster graphics performance for more immersive video games, and the M8 motion coprocessor for fitness tracking. The sixth-generation iPod Touch comes with Apple’s new Apple Music app installed. The subscription streaming-music service costs $9.99 a month after a three-month free trial. Apple Music competes with Spotify, Rhapsody and other subscription streaming-music services. The iPod Touch starts at $199 for the 16 gigabyte model. A 32 GB model costs…

Newspapers Get Cozier With Facebook, Apple, Twitter

A potentially seismic event occurred when the New York Times recently agreed to deliver the Grey Lady’s hallowed content directly to Facebook’s 1.4 billion users. Further, audience-savvy Apple (AAPL) upped the ante in the raging battle for your eyeballs by pushing its way deeper into the news ecosystem via a new app. Locked in a bitter battle with the likes of Google (GOOGL) for new customers and ad dollars, Apple sees news as something of major

Apple ‘white-hot momentum’ to continue with iPhone 6S, 7

As Apple readies its June quarter report, Wall Street analysts are doing last-minute tweaks to their estimates. On Tuesday, FBR Capital Markets analyst Daniel Ives raised his sales and earnings estimates for Apple for the quarter, full year and next year. Apple is scheduled to report fiscal third-quarter results after the market close on July 21. Ives increased his sales and earnings estimates for Apple on rising expectations for the company’s core iPhone business. For the June quarter, Ives raised his sales and earnings-per-share estimates to $49.2 billion and $1.79, respectively, from his prior targets of $47.8 billion and $1.72. For fiscal 2015, which ends Sept. 26, he raised his sales and EPS estimates for Apple (AAPL) to $233.3 billion and $9.06, respectively, from $230.3 billion and $8.93. For fiscal 2016, he increased his sales and EPS forecasts to $250.1 billion and $9.69, respectively, from $247.1 billion and $9.58. Ives …