Apple experienced its third consecutive quarter of declining sales in Q2, with a 1.4 percent slip to revenue of $81.8 billion. But the Cupertino-based company managed to generate record performance in its Services division, up 8.2 percent to $21.21 billion. Sales of the company’s largest device segment, iPhones, underperformed estimates with $39.7 billion in sales, a 2.4 percent dip year-over-year. Overall, however, Apple slightly overperformed Wall Street expectations, which were forecast at $81.64 billion for the quarter ending in June. For Q2, Apple reported 1 billion paid subscriptions — including Apple Music, Apple TV+ and third-party apps. Continue reading Apple’s Sales Decline Tempered by Record for Services Arm

TSMC has revised plans for its Arizona chip plant, reportedly the result of pressure from customers including Apple, Nvidia and AMD, who urged the Taiwanese company to reconsider its plan to output 5-nanometer processors that will be old news by the time the $12 billion plant opens in 2024. TSMC is expected to announce during a scheduled Tuesday visit by President Biden and Commerce Secretary Gina Raimondo that it will output advanced 4-nanometer chips when production commences and will add a second nearby plant to manufacture even more sophisticated 3-nanometer chips. Continue reading TSMC’s Advanced Chipmaking Plans Leak Before Biden Visit

Bolstered by iPhone 14 sales, Apple reported fiscal Q4 revenue up just over 8 percent, to $90.1 billion, with a 7.8 percent increase to $394 billion for the 12-month sales session that ended September 24. “We set an all-time revenue record for Mac and September quarter records for iPhone and wearables, home, and accessories,” Apple CEO Tim Cook told analysts, noting “services notched a September quarter record as well, with revenue of $19.2 billion and more than 900 million paid subscriptions.” Even so, the company’s earnings produced a Rashomon effect as peak performance triggered pique among some. Continue reading Apple Has Record Quarter but Slowed Growth Worries Some

The world is preparing for a passwordless future, which Apple provides with the September 12 launch of iOS 16 and macOS Ventura next month. Known as passkeys, the password replacement will work across iPhones, iPads, and Macs, letting users log in to apps and websites and create new accounts without having to store a password. Made from a cryptographic key pair, the passkey is synced across iCloud’s Keychain. Google, Microsoft, Meta Platforms and Amazon are also in various stages of developing passkeys using standards created by the FIDO Alliance, which means they’ll all likely be interoperable. Continue reading Apple Passkey Implementation Begins This Month via iOS 16

Surmounting inflation and supply chain delays, Apple posted revenue of $83 billion, up 2 percent year-over-year and a record for the company’s third quarter. However, profit declined 11 percent to $19.4 billion, the worst performance since 2020. Sales of iPhones were strong, generating $40.7 billion in revenue for the quarter, a 2.8 percent increase over the same period in 2021. But wearables did not prove as resilient, with revenue down 8 percent to $8.1 billion. On the earnings call to discuss Apple’s fiscal 2022 third quarter ended June 25, CEO Tim Cook said the results were “better than we expected.” Continue reading Apple Posts Record Third Quarter but Major Decline in Profits

Mozilla has made Total Cookie Protection the default setting for Firefox worldwide, turning it into what the company calls “the most private and secure major browser available across Windows, Mac and Linux.” Total Cookie Protection works by “confining cookies to the sites where they were created, thus preventing tracking companies from using these cookies to track your browsing from site to site.” The feature — which Mozilla promises won’t negatively affect the browsing experience — creates a separate “cookie jar” for each website visited, limiting behavioral insights to that one site rather than letting trackers link behavior across multiple sites. Continue reading Mozilla’s Firefox Browser Defaults to Total Cookie Protection

Weak and repeated passwords are a huge vulnerability when it comes to navigating one’s digital life, and it appears 2022 is the year online companies will make a concerted effort to navigate users away from passwords altogether. At the WWDC 2022 developer conference last week, Apple announced passwordless logins across iPhones, iPads, Macs and Apple TVs. Later this year, iOS 16 and macOS Ventura users will be invited to log into apps and websites using passkeys. Once a passkey is set up for an app or site, it gets stored on the device used to activate it. Tech giants Google and Microsoft are also backing the passkey protocol. Continue reading Password Era Coming to End as Providers Support Passkeys

Apple is reportedly poised to compete in the modem market. The company is said to be laying the groundwork to create chips that control the Internet connectivity of its mobile devices, including the iPhone, iPad and Apple Watch. In theory, the move paves the way for an always-on future where smart glasses and augmented reality achieve ubiquity, and iPhones and other Apple mobile devices have faster download and streaming speeds. Observers say Cupertino’s high bar to entry means creating a chip that outperforms those made by Qualcomm, current manufacturer of Apple’s connectivity chips. Continue reading Apple Eyes the Modem Chip Market Dominated by Qualcomm

Apple’s fiscal Q2 was one of the best quarters in its 46 years of business. The company reported record revenue of $97.3 billion, up 9 percent year-over-year, far outperforming analyst expectations of $94 billion. More than $28 billion in operating cash flow and a return of nearly $27 billion to Apple shareholders resulted in the January through March period. But Apple warned that the outlook could dim in the current quarter, with China’s COVID-19 resurgence threatening to slow manufacturing, stymying sales by anywhere from $4 billion to $8 billion in fiscal Q3. Continue reading Apple Reports Record $97 Billion Quarter but Somber Outlook

After a year of limited availability, Amazon is officially launching its Luna cloud streaming subscription game service in the U.S. with new channels and integration with Prime and Twitch. Amazon Prime Gaming already offers a quantity of downloadable monthly games. Luna+ expands those offerings and adds three new a la carte channels — for Twitch, Jackbox Games and arcade favorites. “Play high-quality and immersive games, without lengthy game downloads, hardware upgrades, or game updates,” Amazon announced. Amazon debuted Luna in September 2020, offering it on an invitation-only basis as it tested the service. Continue reading Amazon Luna Streaming Game Service Launches with Twitch

Apple, the world’s most highly valued public company, hit an all-time quarterly revenue record of $123.9 billion for Q4, an 11 percent increase year-over-year. The company also saw profits up 20 percent to $34.6 billion for the quarter despite the supply chain issues that plagued the industry. “We are gratified to see the response from customers around the world at a time when staying connected has never been more important,” Apple CEO Tim Cook said in the company’s earnings release, attributing the robust performance to “our most innovative lineup of products and services ever.” Continue reading Apple Has a Record $123.9 Billion Quarter Despite Chip Crisis

Apple is accelerating its plans to enter the self-driving car market, with 2025 the new target date to launch a fully automated electric vehicle that the company is hoping to produce without steering wheel or pedals, although an emergency takeover mode is under discussion. Interior designs under consideration are said to look radically different than today’s cars, with u-shaped or side-facing seating configurations. Apple’s secretive car venture, known as Project Titan, is being led by technology vice president Kevin Lynch, who was instrumental in the success of the Apple Watch. Continue reading Apple Eyes an Earlier Launch Date for Its Self-Driving Vehicles

In what’s billed as a major triumph in the “right to repair” movement, Apple says it will begin selling the parts and tools to allow people to make their own iPhone repairs. The movement gained momentum in July when the FTC announced it would step up enforcement against tech firms that made gadget repairs difficult for consumers and small businesses. Microsoft, which along with Apple, Google and Amazon had lobbied against the FTC effort, in October announced it was joining Dell, HP and Motorola in getting a jump on “right to repair” legislation. Continue reading Apple Self Service Repair Shop Is Good News for Consumers

San Francisco-based Unity Technologies, maker of the cross-platform Unity game engine has launched in beta Unity Gaming Services, a turnkey solution to make it easier to develop and maintain cross-platform multiplayer titles. New are tools for monetization, customer acquisition and player engagement. Statistics from a Unity study indicate 71 percent of multiplayer gamers do so from a mobile device, and 61 percent engage from consoles, while 40 percent say they play on both. The survey indicates 56 percent of Americans play multiplayer games, one in five having begun within the past year. Continue reading Unity Platform Offers Turnkey Solution for Multiplayer Games

New chip factories are springing up worldwide to meet a historic shortage of semiconductors. The effort to increase output to meet chip demand in everything from computers to cars to smart TVs includes a new $12 billion plant located in Arizona for the world’s largest wholesale chipmaker, Taiwan Semiconductor Manufacturing Co. TSMC’s Arizona plant is scheduled to begin producing advanced 5nm chips by 2024. And as part of its commitment to spend $100 billion over three years to increase production, TSMC just announced plans to build a new manufacturing facility in Japan. Continue reading Surging Chip Demand Spurs TSMC Plants in U.S. and Japan