Apple Passes 45B Total Unique App Downloads At A Rate Of 800 Per Second With Over $9B Paid To Devs
Apple took time to update investors on the status of its ecosystem on today's call, revealing that it has crossed the 45 billion total app download mark, just over four months after it crossed the 40 billion download mark back in January. Apps are being downloaded at a rate of 800 per second, from a total pool of 850,000 iOS apps in total, with 350,000 apps designed for iPad alone.
Apple Will Initiate Share Repurchases To Increase Dividends (And Boost Apple Shares)
Apple now has $145 billion in cash and it needs to do something about it. That’s why Apple CEO Tim Cook just announced that the company will initiate a stock buyback. It means that Apple will used part of its cash to repurchase existing shares, taking them out of the market, increasing existing stockholders’ shares. That investment will go directly to existing investors in the form of a dividend. Tim Cook announced this program just after reiterating that Apple’s culture is what sets the company apart. “We have a tremendous culture of innovation,” Cook said. “It’s the same culture that bought the iPhone and the iPad,” he continued. Last year, Apple announced that it would spend $45 billion over multiple years to give as a dividend. It is more than doubling this program to $100 billion by the end of 2015. The $55 billion that were set aside today will be used for the share repurchases as well as dividends. The advantage of a share buyback program is that Apple shows that it ...
Flurry's Latest Calls Phablets A Fad – Devices Don't Show Disproportionally High Enough Usage To Justify Developer Support
Flurry, an app analytics firm with a presence on some now 1 billion mobile devices, has taken another deep dive into its large data set to examine the increasingly fragmented selection of hardware form factors on the market today, in an effort to better understand consumer preferences. The report concludes that people most prefer and use apps on medium-sized smartphones, like those in the Samsung Galaxy line, and full-sized tablets like the iPad. "Phablets," meanwhile, Flurry dubs a "fad," saying that they don't show significant, or even disproportionally significant, app usage.
With Series A Funding From SoftBank Ventures Korea, SmarTots Helps Educational App Developers Localize For China
China is now the world’s largest smartphone marketplace, with Flurry estimating that there will be 246 million smart devices in China by the end of this month. It’s a potentially lucrative market for app developers, but almost impossible to crack without the necessary language or cultural understanding to reach Chinese users. Educational app makers, however, have SmarTots to help. Founded in December 2010 by Jesper Lodahl, a former Nokia developer, SmarTots localizes apps and markets them on China’s iTunes. While the company’s current focus is iOS, Lodahl says SmarTots will also tackle a “very aggressive Android expansion” this year and already has a shortlist of carriers, hardware providers, and developers it plans to work with. SmarTots announced earlier this month that it has received an undisclosed amount of Series A funding from SoftBank Ventures Korea that will allow it to bring more children’s educational apps from U.S. developers to China. The company previously raised ...
Tim Cook Never Wanted To Sue Samsung
colinneagle writes "While Steve Jobs' ire in regards to Android is well known, a recent report from Reuters relays that current Apple CEO Tim Cook never wanted to sue Samsung in the first place. 'Tim Cook, Jobs' successor as Apple chief executive, was opposed to suing Samsung in the first place, according to people with knowledge of the matter, largely because of that company's critical role as a supplier of components for the iPhone and the iPad. Apple bought some $8 billion worth of parts from Samsung last year, analysts estimate.' In various earnings conference calls, Tim Cook has repeated that he hates litigation, but has still toed the party line by exclaiming that Apple welcomes innovators but doesn't like when other companies rip off their intellectual property."
Found more than 1 month ago on channel Slashdot