Apple easily beat analysts' expectations for iPhone sales in its most recent quarter, delivering 43.7 million iPhone unit sales. However, the company's iPad sales fell below analysts' expectations, and were lower than Apple's iPad sales in the year-ago period.
Apple is contemplating charging $100 extra for the iPhone 6, according to a financial analyst.
Rumors that Apple will be producing larger-screened iPhones keep cropping up, with unnamed sources at Apple suppliers telling Reuters they will begin mass producing displays as early as May for the next iPhone, expected to be launched this fall and called the iPhone 6. According to the report, one model will have a 4.7-inch screen likely to be produced first, while a 5.5-inch model could be delayed.
Apple confirmed it is using its new 8 GB iPhone 5c to target the mid-tier smartphone market. "The mid-tier iPhone segment is growing year over year and the 8GB model provides a more affordable option for markets where LTE is becoming more established," an Apple representative told Re/code.
Mobile satellite communications provider Thuraya Telecommunications confirmed reports it is in talks with U.S. operators regarding expansion into the market as part of ambitions to expand its satellite coverage to cover the entire globe.
Apple released a cheaper 8 GB iPhone 5c in its European online stores, but the gadget is not yet available online in the U.S. Apple also re-released its fourth-generation iPad tablet, which replaces the older iPad 2.
Apple CEO Tim Cook reiterated what he is has been saying for months: that Apple will enter a new product category this year. The biggest and most likely bet is that Apple will get into wearable computing with some kind of smart watch, though Apple observers have also been speculating (for years) about an expanded TV offering.
Apple said it sold a record 51 million iPhones during its most recent quarter, which covered the critical holiday shopping season. Apple's iPhone sales figure was slightly lower than what an average of analysts expected. Apple also reported quarterly revenue of $57.6 billion and quarterly net profit of $13.1 billion.
Apple is working on two iPhone models with larger screen sizes than the current 5s and 5c models, according to a Wall Street Journal report, the latest to indicate that Apple is thinking of increasing the screen size of its phones to compete with large-screen devices from Samsung Electronics, Nokia, LG Electronics, HTC and others.
A small sliver of LTE users worldwide, just the top 0.1 percent, are consuming more than half of all LTE downlink data, according to a new research report from network technology firm Arieso. The study, taken together with past trends from previous reports, indicates that a small slice of high-bandwidth consumers are hogging most of the world's data usage, even more than in the past.