Don't look for Apple to roll out mobile payment services anytime soon: The segment is still not ready for primetime, according to comments made Tuesday by the computing giant's CEO Tim Cook.
Apple said it sold 37.4 million iPhones and 19.5 million iPads in its fiscal 2013 second quarter, which ended March 30, beating analysts' expectations for around 35 million iPhones and 17 million iPads. In the year-ago quarter, Apple sold 35.1 million iPhones and 11.8 million iPads.
Apple is reaching out to its developer and publisher partners, urging them to localize their applications and related marketing efforts to better serve consumers in international markets.
During the past several weeks, publicly traded companies in the wireless industry revealed how much they pay their CEOs. The following lists the highest paid executives in wireless.
Apple expects to start producing the next version of the iPhone during this quarter, potentially setting up a summer launch of the gadget, according to a Wall Street Journal report. The report, which cited unnamed sources familiar with the device's production, said the new iPhone will be similar in size and shape to the iPhone 5.
Just after rival Samsung Electronics announced its flagship Galaxy S4, Apple launched a new website to highlight what it considers to be the superior aspects of the iPhone 5 and its iOS platform.
Apple has met with audio technology firm Beats Electronics to explore a potential partnership involving Beats' forthcoming Daisy music streaming service, Reuters reports.
Apple has now paid more than $8 billion to its iOS developer partners, a $1 billion increase since the company last trumpeted App Store sales a month earlier and up from $6.5 billion in Oct. 2012.
Apple CEO Tim Cook said he thinks the global smartphone market will continue to grow significantly over the next few years and that Apple's iPhone business will benefit from that. However, Cook did not directly address whether Apple will introduce a cheaper iPhone for emerging markets, but he said the company will continue to make great products and that "The only thing we'll never do is make a crappy product."
Apple is reportedly negotiating with Time Warner Cable to carry the company's HBO Go application on Apple TV by mid-year, according to a Bloomberg report citing two people familiar with the plans.