Tag Archives: aapl

Apple targeting wearable health and fitness device market

Apple hopes to improve its financial health by focusing on your health. The Cupertino, Calif.-based company is preparing to enter the wearable device market with technology focused on health and fitness tracking, according to media reports. Apple Insider reported Tuesday that the U.S. Patent and Trademark Office has granted the company a patent for a headphone system that includes built-in sensors to detect heart rate, temperature, perspiration and other biometric data. The patent for a “sports monitoring system for headphones, earbuds and/or headsets” shows that Apple (AAPL) has been investigating integrated activity monitors for at least six years, Apple Insider writer Mikey Campbell reported. Apple filed for the patent in 2007. The activity monitor also incorporates accelerators, which could allow people to change music tracks or adjust volume on their headphones with the tilt of the head or some other motion, Apple Insider said. Apple reportedly has hired a bunch …

Candy Crush Maker King Digital Sets $500 Mil U.S. IPO

The maker of mobile game “Candy Crush Saga,” King Digital Entertainment, has filed for an initial public offering in the U.S. and plans to raise up to $500 million. Candy Crush Saga is played on Apple’s (AAPL) iPhone mobile phone and devices using Google ‘s (GOOG) Android operating system. Dublin, Ireland-based King Digital, in a regulatory filing with the Securities and Exchange Commission, said it had Q4 2013 revenue of $602 million, up from $70

Apple, Samsung Challenged By Slowing Smartphone Sales

The smartphone, like every other tech gadget before it, is maturing into commodity status. Growth is slowing and shifting from high-end sales in the U.S. and Europe to less profitable low-end handsets in emerging markets. The shift has prodded analysts to lower their outlook on Apple (AAPL) and Samsung. Both companies’ December-quarter smartphone sales missed expectations. “The smartphone is no longer an emerging technology,” said Jack Gold, an