iPhone

Apple profit slips 18%, but iPhone, iPad sales stay strong

Apple surprised Wall Street today with stronger than expected earnings in its second quarter, though the company came up short in its estimates for the next one.

Apple reported earnings of $9.5 billion on $43.6 billion in sales. That was right on target with the $9.5 billion in profit and just barely above the $42.3 billion in sales that Wall Street expected. It was also above Apple's own expectations, which were between $9.23 and $10.23 per share on sales of $41 billion to $43 billion.

By comparison, Apple tallied up a higher $11.… Read more

The 404 1,255: Where we don't know what to do with our hands (podcast)

Leaked from today's 404 episode:

- Order a slice of 'za from Da Hut with your Xbox.

- Is it possible to lose weight playing video games?

- Has anyone ever taken a good photo of a live band?

- Michael Bay apologizes for Armageddon.

Bathroom break video: Dodgeball: White Goodman's necklace does magic.… Read more

A last echo of iPhone 'antennagate' -- $15 checks

The clamor that surrounded Apple's iPhone "antennagate" episode has long since subsided, but there's now a faint echo to be heard.

Some iPhone owners in the last day or so have received a $15 check that was the result of Apple's February 2012 settlement of a class action lawsuit over problems with the iPhone 4 antenna, according to reports at 9to5Mac and the TUAW blog.

When the iPhone 4 debuted in June 2010, an uproar quickly ensued from a very vocal array of users who complained of dropped calls and poor reception, and who put … Read more

Steering wheel music pad lets you drum and drive

Do you drum your steering wheel in traffic jams and at all the red lights? What if it could make drum sounds instead of dull thumps?

The ridiculously named Re-Inventing The Wheel (RITW) is an electronic drum pad that covers your steering wheel and links wirelessly with your car speakers and your iPhone.

The gizmo, which is the focus of a Kickstarter campaign, emits drum sounds through the car stereo via an FM transmitter or line-in jack as you rock along to your favorite tunes on your iPhone.

RITW has eight sensors that can be set to trigger a snare, tom, cowbell, or any drum sound you like, or effects like dog barks or even Chewbacca's howl. You also can hear your drumming -- solo or with background music -- through earphones or mini speakers. … Read more

The 404 1,254: Where can you spare a Bitcoin? (podcast)

Leaked from today's 404 episode:

- Check out the new Web site for Jill Schlesinger, CBS News senior business analyst!

- Bitcoin bubble burst? Currency suffers dramatic correction.

- Bitcoin drops another 35 percent as exchange reopens.

- Apple earnings could bring profit setback, despite record sales.… Read more

Analysts highlight bright spots ahead of Apple's Q2 report

Apple's fiscal second-quarter results aren't expected to be particularly cheerful, but some analysts are still finding reasons to be bullish.

The Cupertino, Calif., company will report its January-March quarter results on Tuesday, and no one is expecting a blowout. The company could make history with its biggest second-quarter sales yet, but it's also expected to post its first decline in profit in a decade.

Despite worries about Apple's recent performance, BGC boosted its rating on Apple's stock to "buy" from "hold," saying investors should take advantage of the recent weakness to … Read more

Apple earnings could bring profit setback, despite record sales

Apple could make history tomorrow with its biggest second-quarter sales yet, though it's also expected to log its first decline in profit in 10 years.

That's what analysts anticipate in Tuesday's second-quarter earnings report, which will spell out the company's performance through the end of March.

Wall Street is expecting Apple to post earnings of $10.12 per share on sales of $42.6 billion, based on a poll of 48 analysts from Thomson First Call. That's down from earnings of $12.30 per share, and up from the $39.2 billion in sales from … Read more

Citi goes sour on Apple, claims iPhone 5S, iPhone 6 delay

The expected iPhone 5S will see an extended delay in delivery, while iPad Mini demand is softening, according to a research note from Citigroup Capital Markets. The note also claimed a Retina MacBook Air is coming.

"We have previously written that iPhone5S, despite an accelerated design phase, was modestly delayed from June to July," wrote Citi's Glen Yeung in a research note Sunday. "With input from Citi's Taiwan-based technology research team...we now believe that a further 1- to 2-month delay (from July to August or September) is possible, likely stemming from volume production issues.&… Read more

The 404 1,253: Where there ain't nothing wrong with a little Bjork and grind (podcast)

Leaked from today's 404 episode:

- New app helps prevent Icelanders from sleeping with their relatives.

- Dudes: stop making the same face in every photo, or, a gentleman's guide to the selfie.

- Support 404 listener Jacob's run for Boston this weekend!… Read more

What would 10,000 iPhones as dominoes look like?

We're not entirely sure what we'd do with 10,000 iPhones. Even if you just used a different one every day, you'd still have enough iPhones for more than 27 years.

That said, this video by CG animation studio Aatma doesn't, in fact, feature real iPhone 5s. The phones are actually very clever CG, which is unsurprising, coming from Aatma. The studio has created a plethora of extraordinarily realistic iPhone "concept" videos.

This particular video was created as a "mock-up" of what an advertisement showcasing the iPhone's NFC feature (which it … Read more