The Apple Beat: Interest in iPhone 5 surges

By Gadjo Cardenas Sevilla

A number of iPhone 5 related stories have come up during the last few days.  From purported leaked photos of the device, some third party cases and myriad mockups, interest is surging for this yet unnanounced product. Many are speculating on what the next revision of Apple's iPhone is going to look like, what features it is going to have and how it is going to compete with this year's crop of superphones. A rundown of what we've heard as well as our own fearless predictions after the jump.

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Review: OS X 10.7 Lion

By Gadjo Cardenas Sevilla

Apple's OS X 10.7 Lion is the most advanced version of the Mac operating system and is the first to be sold as a digital download via the Mac App Store.

Bridging the gap between the touch-focused mobile iOS 5 and further refining the desktop system, Lion may not be as revolutionary as previous versions but instead brings a number of compelling feature updates, conveniences and solid refinements all for the price of $30.

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No More In-app Purchases for Kobo users on iOS

Updated on Tuesday, July 26, 2011 at 10:37PM by Gadjo Cardenas Sevilla

Earlier this week, Apple instituted new rules which affect Kobo Reader app user's experience on iPhone and iPad apps. The biggest change is the removal of the ability to shop within the app. This is inconvenient to users since it now requires an extra step ( and Safari) to Browse and buy new books or newspapers.  Kobo is reportedly working on a HTML 5 version of their app that will allow the functionality as originally designed. Below is Kobo's statement on the matter.

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Apple's all-time record revenue, iPhone Sales Grow 142 %; iPad Sales Grow 183 %

Apple announced financial results for its fiscal 2011 third quarter ended June 25, 2011. The iPhone maker posted record quarterly revenue of $28.57 billion and record quarterly net profit of $7.31 billion, or $7.79 per diluted share. These results compare to revenue of $15.70 billion and net quarterly profit of $3.25 billion, or $3.51 per diluted share, in the year-ago quarter. Gross margin was 41.7 per cent compared to 39.1 percent in the year-ago quarter. International sales accounted for 62 per cent of the quarter’s revenue.

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