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Apple posts record iPhone sales amidst strong Q3 earnings

By: Charles Gantt | More News: Business, Financial & Legal | Posted: Jul 23, 2013 9:27 pm

Today, Apple announced its financial results for the third quarter of 2013. The report says that Apple managed to post a revenue of $35.3 billion with a net profit of $6.9 billion, which equates to $7.47 per diluted share. This means that Apple's profit is down by nearly $2 billion over the same quarter in 2012. The company said that international sales accounted for 57 percent of the quarter's revenue.

 

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The Cupertino based company sold 31.2 million iPhones during the third quarter alongside 14.6 million iPads and 3.8 million Macs. Overall, only the iPhone sales were up as during the same quarter last year Apple managed to sell 17 million iPads and 4 million Macs. The company's Board of Directors declared a cash dividend of $3.05 per share of the company's common stock which will be payable on August 15, 2013 to all shareholders who own stock before the close of business on August 12, 2013.

 

"We are especially proud of our record June quarter iPhone sales of over 31 million and the strong growth in revenue from iTunes, Software and Services," said Tim Cook, Apple's CEO. "We are really excited about the upcoming releases of iOS 7 and OS X Mavericks, and we are laser-focused and working hard on some amazing new products that we will introduce in the fall and across 2014."

 

"We generated $7.8 billion in cash flow from operations during the quarter and are pleased to have returned $18.8 billion in cash to shareholders through dividends and share repurchases," added Peter Oppenheimer, Apple's CFO.

Electronic Arts post Q1 2014 financial report, things looking fairly solid for the game publishing giant

By: Charles Gantt | More News: Business, Financial & Legal | Posted: Jul 23, 2013 8:53 pm

EA released its earnings report for Q1 of the fiscal year 2014 today, and the numbers are looking pretty good for the game publishing powerhouse. The company posted a total net revenue of $949 million, which was down about $6 million from the same quarter in 2012. EA said that their gross profit was up $5 million from the previous year at $755 million. Additionally, the company had total operating expenses of $522 million, which brought their net income to $222 million, up $1 million from Q1 of 2012.

 

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"EA had a solid quarter driven by continued digital growth and disciplined cost management," said Executive Chairman Larry Probst. "We are also executing on a clear set of goals for leadership on mobile, PC, current and next generation consoles."

 

"EA delivered first quarter EPS above our guidance through a combination of revenue growth, phasing of expenses, and cost control," said Chief Financial Officer Blake Jorgensen. "We are reaffirming our annual non-GAAP guidance of $4 billion net revenue and $1.20 earnings per share."

Continue reading 'Electronic Arts post Q1 2014 financial report, things looking fairly solid for the game publishing giant' (full post)

RumorTT: LG is building G-branded tablet, smartwatch and smartglasses

By: Charles Gantt | More News: Mobile Devices, Tablets & Phones | Posted: Jul 23, 2013 8:12 pm

Today, trademark filings by LG were spotted by website PocketDroid that point to the company's future plans of developing a smartwatch, tablet, exercise band, and even something that might rival Google Glass. The filings were all placed under the company's use of the letter G, which denotes LG's high-end products. G Pad, G Watch, G Glass, G Link, G Band, and G Hub were among many of the names that were trademarked today and they all may very well be linked to current products in development.

 

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Obviously, the G Pad would refer to an G-branded tablet that would most likely run Android, while the G Band would function similar to Nike's Fuel band. G Watch most certainly refers to the smartwatch LG is said to be currently developing, while the G Glass sound like the most interesting product of all. This means that LG could be working on its own version of Google Glass.

 

It is important to note that company's file for trademarks every day and more times than not, they are simply filing to protect their brand from squatters or other companies who might brand their product in a similar fashion to confuse consumers into thinking their product is associated with another company's brand. Simply put, LG may have filed for these trademarks just to protect the G brand or preserve them for products we may not see for many years.

Motorola and Verizon unveil new Droid lineup at event today

By: Charles Gantt | More News: Mobile Devices, Tablets & Phones | Posted: Jul 23, 2013 7:20 pm

Today, Verizon and Motorola teamed up in a press event to officially announce Verizon's newly refreshed lineup of Droid smartphones. Over the last month, we've seen many leaks surface about the phones and it appears that most of them were correct. The announcement included the new Droid Ultra and Droid Maxx, which are the follow-up devices to last year's Droid Razr HD and HD Maxx.

 

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The two new phones bring forth some impressive new features and hardware specs. The Droid Maxx is said to have an insanely impressive battery life of up to 48 hours, yet it still only measures in at 8.5mm thick. The Ultra comes in thinner at 7.2mm. Both phones apparently feature a 10-megapixel rear shooter that sports an f/2.4 lens which allows for superior low-light performance.

 

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Additionally, both devices feature a five-inch 720p OLED display which in a way makes up for the resolution letdown. Both phones make use of the new touchless control system that has been reported in so many Moto X leaks. This new feature lets users make phone calls, get directions, or activate other functions by voice rather than having to physically pick up and unlock their phone.

 

Both phones run Motorola's new X8 SoC which is an 8-core chip that features two application processors, four graphics cores, and a single contextual computing core followed up by a single natural language processing core. Verizon says that the Droid Ultra will retail for $199 with a two-year contract, while the Maxx will cost consumers $299 on the same contract.

Google adds Mount Fuji to Street View, now scale the slopes from your desk

By: Charles Gantt | More News: GPS & Location | Posted: Jul 23, 2013 6:04 pm

Today, Google has announced that it has added Japan's tallest mountain to its list of places you can visit using the company's Street View service. Yes, that's right, arm chair mountain climbers are now able to scale the heights of Fuji while never leaving the comfort of their air-conditioned office.

 

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The addition of Mount Fuji to Google Street View comes shortly after the mountain was named an official World Heritage Site by UNESCO earlier this year. Officials expect record numbers of climbers to visit the mountain this year and Google agreed to help prepare those climbers by expanding its growing collection of panoramic imagery available in Street View.

 

Setsuo Murai, head of Geo Partnerships for Google Japan, wrote on the company's official blog:

 

The Street View collection covers the highly popular Yoshida trail that takes hikers up the mountain, the full walk around the crater at the top, and the quick zigzag descent. We hope these 14,000 panos of new imagery will give climbers a sense of the terrain to expect under their feet - especially all the night-time climbers who shuffle up in the dark to see the sunrise at the crack of dawn.

Continue reading 'Google adds Mount Fuji to Street View, now scale the slopes from your desk' (full post)

LeakedTT: Motorola Moto X pricing unveiled by industry insider

By: Charles Gantt | More News: Mobile Devices, Tablets & Phones | Posted: Jul 23, 2013 5:03 pm

Unlike the little boy and the dike, Motorola is unable to plug the leaks that keep popping up around its next-generation Moto X Android-based smartphone. Today, several new leaks popped up that give us insight to some exciting new features that most likely will never be available on Android phones developed by other companies.

 

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First up, we have a sort of breaking news leak which comes from industry insider "C Technology," who has a fairly high accuracy average when it comes to leaking details about unannounced mobile devices. According to them, the new Moto X will sold at an unprecedented value with an off contract price of $299 for the 16 GB model and $349 for the 32 GB version.

 

Additionally, the new Moto X will feature various sensor-driven functionalities that other Android phone manufacturers are not utilizing such as a new swipe function will that will display your camera settings or image gallery. These images come by way of the AndroidPolice and show off the Moto X's new camera app.

Continue reading 'LeakedTT: Motorola Moto X pricing unveiled by industry insider' (full post)

Seagate launches world's first SSHD for enterprise use

By: Paul Alcorn | More News: IT/Datacenter | Posted: Jul 23, 2013 4:00 pm

Seagate announced today that the Enterprise Turbo SSHD, a drive which has been in use with IBM in their Series X servers for over a year. This SSHD has 32GB of flash onboard that allows the SSHD's, in capacities up to 600GB, to produce twice the IOPS performance from its 10,000 RPM's than a 15,000 RPM HDD. The SSHD provides up to 900 IOPS in random performance and comes with a standard five year warranty.

 

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The massive speed increases are due to the tiered caching at the I/O level, accelerating 'hot data' via the flash layer inside the SSHD. This boost in performance will provide gains in performance with fewer devices, lowering the overall TCO of the storage solution. The Enterprise Turbo SSHD will provide radical acceleration in mission-critical applications such as big data analytics, virtual desktop infrastructure, and database and transaction processing. Key features of the SSHD include:

 

  • Fastest Enterprise Hard Drive- boasts ultra-fast speed with up to 3X the increase in random performance over standard 15K-RPM drives.
  • Industry's First Enterprise SSHD- delivers transparent SSD-like performance to most heavily accessed data.
  • Ultimate Capacity- features up to 600GB of capacity- the highest enterprise performance drive available today.
  • Affordably Priced- yields 3X the current mission critical HDD random performance at an HDD-comparable price.
  • High-Reliability- provides enterprise endurance and reliability

Continue reading 'Seagate launches world's first SSHD for enterprise use' (full post)

RumorTT: Samsung will release a smartwatch in September

By: Charles Gantt | More News: Wearable Computing | Posted: Jul 23, 2013 3:04 pm

A new report this morning is suggesting that Samsung is ready to beat Apple to the punch on releasing a smartwatch. Patently Apple is claiming that Samsung will show off its very own smartwatch in September ahead of the annual IFA trade show which is held in Berlin, Germany.

 

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Dubbed the "Samsung Gear," the smartwatch will be shown off during a press conference in which we will also see the Galaxy Note III unveiled. Although the report cites no sources, we do know that Samsung is developing a smartwatch, and we've even seen leaks of the device's supposed interface. If Samsung does debut the Gear a little over a month from now, it will beat Apple in the smartwatch race by more than a year, which puts it in a very good position for market dominance.

MulticoreWare releases its x265 project into the open source universe

By: Charles Gantt | More News: Software | Posted: Jul 23, 2013 2:12 pm

It is safe to bet that any video professional, enthusiast, or even home theater junkie has heard of and most certainly used the H.264 codec which has become the de facto standard for compressing high-definition video. H.264 uses very complicated algorithms that help accelerate the decoding process, which in turn reduces energy consumption and allows for higher bit rates. Yesterday, we participated in a briefing on the new X265 and HEVC encoder project that is being tackled by a company called MulticoreWare.

 

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The X264 encoder remains one of the leading H.264 encoders on the market and it resides under both the open source GNU GPL license as well as a commercial license which is designed for companies that wish to inject their own proprietary code without having to release it into the open source community. With Ultra HD Video beginning to flow in, H.264 was just not delivering the performance needed for high bit rate, high quality output. This is where H.265 comes in the play along with MulticoreWare.

 

High Efficiency Video Coding (HEVC), aka H.265, is being designed to replace H.264 and the official standard was released just over a month ago. And today, MulticoreWare announced its commercial open source project around the x265 encoder. The company has released the source code for x265 and it is available for download at Source #1 below. The x265 encoder is already highly parallel and supports all of the big instruction sets including FMA3/FMA4, AVX, and AVX2.

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Google are responsible for 25% of North America's Internet traffic

By: Anthony Garreffa | More News: Internet & Websites | Posted: Jul 23, 2013 1:24 pm

Just how powerful are Google in the US, well, according to the latest data from analytics firm Deepfield, very powerful. The Mountain View-based giant provide over 25% of all North American Internet traffic.

 

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Just three years ago, Google accounted for just 6% of North American traffic, and is now driving as much traffic in as Facebook, Instagram and Netflix, combined. This is something that truly astounds me. Deepfield says that 60% of all Internet-connected devices connect with Google at least once a day. These devices include PCs, mobile devices, consoles and other devices.

 

This number would be even bigger if it counted just PCs and mobile devices.

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