Apple purchases AR headset firm Vrvana for $30 million?

The next big product expected from Apple could be the company’s AR glasses that the tech titan is reportedly working on. Former Piper Jaffray analyst Gene Muster believes that this product could become bigger than the iPhone. That is a tall order for any device, especially considering what happened with that mess known as Google Glass. While the latter is used in the enterprise, the question still remains whether AR glasses will be widely used by the public.

While no official word has come out of Cupertino regarding an AR headset, there has been praise heaped on augmented reality by no less …


Apple expects to ship 4 million units of its HomePod smart speaker in 2018

Apple was originally expected to launch its HomePod smart speaker next month, priced at $349. The combination premium speaker and virtual assistant (in this case, Siri) is now expected to come to market early in 2018. In announcing the delay, Apple said that while it wanted everyone to experience the HomePod, “we need a little more time before it’s ready for our customers.” 

The smart speaker category was created by Amazon which combined the Alexa virtual assistant with a speaker to create the Amazon Echo. The product can report the latest weather forecast, stock prices, sports scores, …

Best Buy points at the iPhone X for a whopping $100 million revenue loss

Apple’s later-than-usual iPhone X launch may have cost Best Buy $100 million in lost revenue, suggested the electronics retailer in all but a name. During its quarterly results press release statement for investors, Best Buy mentioned that it would have beat the Wall Street consensus estimate of $9.36 billion, if it wasn’t that “a major phone launch did not happen until November.” 

Instead, Best Buy hauled in $9.32 billion, also marred by hurricane season, and other natural disasters which shaved a few cents per share off its results. Apple announced the iPhone …

Watch the top 5 carrier ads: T-Mobile spent $30 million for the Netflix spot, still couldn't beat Verizon

Hot on the heels of T-Mobile giving away Netflix streaming to its subscribers came the rumor that Sprint may offer Hulu in its turn, and Verizon might be exploring free content, too. Well, T-Mobile made this a big selling point last quarter, so how much exactly has it spent on popularizing its generosity with the “Netflix on us” spot? No less than $30 million, it seems, judging from the recap of the wireless ad TV spending for last month.

That’s still just a chunk of the total estimated $271 million that 18 brands gave for advertising in October, up …

More than a million Galaxy Note 8 units have been sold in South Korea already

The Galaxy Note 8 has been on the shelves for just over a month in South Korea, but it’s been already reported that over a million units of Samsung’s best smartphone to date have already made their way to local users’ pockets.

Roughly 23,000 devices have been sold each and every day in Samsung’s home market, making the Note 8 one of the most popular devices locally, which hints at a rather strong momentum.

In South Korea, the Note 8 goes for a million KRW, which translated to roughly $979. Aside from the regular Midnight Black, Orchid Gray and …

Fake WhatsApp listing draws over one million downloads from the Google Play Store

A fake WhatsApp listing on the Google Play Store drew over one million installations from Android users before Google removed the app from the store. Google also suspended the developer for violating Google’s policies. Luckily for those who did install the app, the only thing it did was push ads for other apps. Reddit users blew the whistle on the app yesterday as Google apparently didn’t spot the fake. The spoof used the name “Update WhatsApp,” and included the WhatsApp logo to make it appear as though the phony was an official update to the very popular messaging app.

Using a Unicode “white …

Apple sells 46.7 million iPhone units during its fiscal fourth quarter; shares hit new high

This afternoon, Apple released its fiscal fourth quarter earnings report. During the three-month period, the company sold 46.7 million iPhone handsets. That was roughly in line with the 46 million units that Wall Street analysts had predicted. Revenue related to sales of its smartphone amounted to $28.85 billion. Last year during the same period, Apple sold 45.5 million iPhone units and grossed $28.16 billion.

During the three month quarter, Apple grew sales of its iPad tablet from 9.27 million slates last year, to 10.3 million this year. Revenue from sales of its tablet amounted to $4.83 …

Nintendo announces Super Mario Run has 200 million downloads, but it's not too profitable

Super Mario Run is Nintendo’s first foray into the mobile gaming industry. Even though the game proved to be pretty popular among Android and iOS users, it didn’t reach the level of profitability Nintendo expected.

During Nintendo’s latest earnings report, the Japanese company announced Super Mario Run now has more than 200 million downloads on both Android and iOS platforms. However, Nintendo claims that despite this impressive numbers, the game “had not yet reached an acceptable profit point.”

Super Mario Run is a free to download game but requires players …

Huawei breaking records in 2017, over 100 million smartphones shipped so far

Chinese manufacturer Huawei has managed to ship over 100 million smartphones for the first three quarters of 2017. This translates to a year-over-year increase of 19%, which means that the company has a very high chance of surpassing the 140 million units it shipped in 2016.

Yu Chengdong, CEO of Huawei’s consumer business group, said that this exponential growth has managed to increase the firm’s operating revenues by more than 30% from January to September. The executive also mentioned that Huawei will seek further expansion by introducing …

Foxconn expected to ship only 25-30 million iPhone X units in 2017, down from 30-35 million

Apple will definitely have problems meeting iPhone X’s high demand, especially if we are to believe the latest reports and estimates coming from various more or less reliable sources.

Some of the data gathered by Taipei-based KGI Securities research company forecasts that Foxconn will only ship around 25-30 million iPhone X units in Q4 2017. Previously, the company’s analyst Ming-chi Kuo said around 30-35 million handsets will be shipped by the end of 2017.

On the bright side, iPhone X shipments are expected to reach a 50% on-quarter growth in Q1 2018 due …