Strong iPhone, iPad and Mac sales fuel Apple's $49 billion revenue with $10.7 billion in profit

Apple just announced their most recent earnings behind iPhone, iPad and Mac sales.  The company earned a revenue of $49 billion and $10.7 billion in profit for its fiscal quarter ending June 27th. These results compare to revenue of $37.4 billion and net profit of $7.7 billion, or $1.28 per diluted share, in the year-ago quarter. 

Breaking down its products but omitting Apple Watch sales figures, Apple attributes its steady success to the iPhone: 47 million units, the iPad and the Mac at 4.7 million units. Apple Watch, Apple TV and iPods collectively earned the company US $2.6 billion.

“We had an amazing quarter, with iPhone revenue up 59 percent over last year, strong sales of Mac, all-time record revenue from services, driven by the App Store, and a great start for Apple Watch,” said Tim Cook, Apple’s CEO. “The excitement for Apple Music has been incredible, and we’re looking forward to releasing iOS 9, OS X El Capitan and watchOS 2 to customers in the fall.”

Q3 earnings for Apple have been traditionally lower since it is the period leading up to a the yearly iPhone and iPad launches in the Fall as well as generally a quiet time for product and software launches.

Mac OS X 10.11 El Capitan beta 4 now out for developers

Apple made the Mac OS X 10.11 El Capitann beta 4 available to developers today. Featuring experience and performance gains, El Capitan is an incremental update to Yosemite, which was a major overhaul of various OS X features, user interface elements and functionality. Other features include Split View, improved Mission Control and a more intuitive Spotlight search among others. El Capitan lands this Fall as a free upgrade to existing Mac users.

Apple releases iOS 9 beta 4 and watchOS 2 beta 4 to developers

Apple today released iOS 9 beta 4 and watchOS 2 beta 4 to developers. The new watchOS introduces new features and watchfaces, a nightstand mode plus added functionality. iOS 9 beta introduces a variety of new apps including News, a new and improved Notes app and multitasking features and picture-in-picture capabilites on iPad Air 2 devices. Apple's beta releases seem to be on track to the iOS 9 launch this Fall. 

Samsung releases Galaxy Grand Prime for budget prepaid Canadian market

Samsung announced the Galaxy Grand Prime which features a 5.0” qHD (540 x 960, 220ppi) display, a 1.2 GHz Quad processor, 1.5 GB of RAM, an 8 megapixel camera and 5 megapixel front facing camera plus a 2,600 mAh battery. The device will run Android 5.1 Lollipop with access to Samsung's services and apps. Expected to be available as an unlocked option starting tomorrowe, the Galaxy Grand Prime will be sold for $50 on a 2-year plans, or $250 contract-free.

Source: Samsung