Apple’s quarterly profit fell 27 percent to a net income of $7.8 billion in the fiscal third quarter ending June 25, compared with $10.68 billion in last year’s third quarter. This downturn, which marks a second straight quarter of reduced revenues, reflects a prolonged downturn in iPhone sales, the first since the smartphone was introduced in 2007. The smaller, less expensive iPhone SE, which debuted in March, alone enjoyed strong sales, with sales of all other models dipping. Continue reading Apple Experiences Downturn, iPhone SE Sales a Bright Spot

Apple fans browsing the Internet were excited to read about a new 4-inch iPhone 6c. Not so fast. According to sources who have used the upcoming iPhone with a 4-inch display, the information is false. Rather than release a smaller version of the iPhone 6s (for customers yearning for a less daunting screen size than 4.7 or 5.5 inches), Apple is upgrading the iPhone 5s first released in fall 2013. The upgrade is not a preview of the iPhone 7, as rumored, but retains the 5s’s design and include a headphone jack. Continue reading Apple Readies Debut of iPhone 5se, Feature-Rich Version of 5s