Beats Music had only 111k subscribers in March, claims music blog

  If a leaked royalties report posted by a musician’s blog is genuine, Beats Music subscribers certainly played no part in Apple’s presumed decision to acquire the company. The report appears to indicate that the service paid first quarter royalties to musicians based on total subscriber numbers of just 110,992. As Business Insider notes, there are a couple […]

Why did Apple launch an 8GB version of the iPhone 5c (really)?

Well, the rumor was true: Apple really has taken what was seemingly a less popular phone than expected, and made it worse. Even more surprisingly, the company confirmed to Fortune that the 8GB version of the iPhone 5C will be sold in only five markets: U.K., France, Germany, Australia and China. I could understand Apple keeping the […]

AAPL stock drops 8 percent on iPhone numbers and flat guidance

Despite Apple returning to growth for the first time in a year, AAPL stock opened almost 8 percent down, as iPhone sales fell below analyst predictions and Apple’s mid-point guidance on Q2 earnings forecast was for zero growth. Analysts had predicted 55.3M iPhone sales, while Apple reported sales of 51M. Analysts were also disappointed in […]

A billion smartphones were sold last year, says IDC

A billion smartphones were sold in 2013, according to IDC data, the first time the milestone has been hit. The number represents one smartphone sale for every seventh man, woman and child on the planet. IDC says that price has been the main driver for growth, putting yesterday’s market share stats into perspective. Markets like […]