Apple's Q2 Earnings Top Estimates

Apple today released its Q2 FY 2014 (ended March 29, 2014) earnings report, and the numbers did not disappoint. Tim Cook spoke glowingly of the better-than-expected performance, "We’re very proud of our quarterly results, especially our strong iPhone sales and record revenue from services." Almost all numbers were up, only iPad and iPod sales fell.

Apple releases Q2 2014 Earnings Report

Apple posted a $45.6 billion quarterly revenue and a quarterly net profit of $10.2 billion, or $11.62 per diluted share. These numbers are up from last year's Q2 results, which were $43.6 billion, $9.5 billion and $10.09 respectively. The quarterly gross margin increased from 37.5 percent a year ago to 39.3 percent. Not only did this quarter outperform last year's Q2, but it also outperformed Apple's disappointing Q2 guidance, which caused a dip in stock prices in late January. The

All Capable Sprint Phones and Tablets to be Unlockable After February 11, 2015

Starting on February 11, 2015 Sprint will "provide any applicable MSL Code" to any customer who requests that their smartphone or tablet be unlocked so it can be used with another carrier. The change in Sprint's unlocking policy was spotted today by Android Police, and comes after the Federal Communications Commission pressured all five major U.S. carriers to give customers the choice to unlock their devices and switch mobile providers as they see fit.

Sprint Unlock 2015

Sprint notes on the company's unlocking FAQ page that "not all devices are capable of being unlocked," and that some devices will not retain all their functionality. For example, all iPhone models and other "devices manufactured with a SIM slot within the past three years cannot be unlocked to accept a different domestic carrier's SIM for use on another domestic carrier's network," according to Sprint. Your device and all its functionality will also need to be supported by the carrier you wish to switch to for it to work on that carrier's network.

iOS 7.1.1 Brings Touch ID Improvements and Bug Fixes [Changelog]

Apple has released its first iOS update in over a month. iOS 7.1.1 brings "further improvements" to the Touch ID fingerprint recognition sensor on the iPhone 5s, and it fixes two keyboard bugs. The minor update is available now for the iPhone 5s, iPhone 5c, iPhone 5, iPhone 4s and iPhone 4, iPad Air and iPad mini models.

iOS 7.1.1

iOS users can access the OTA update by navigating to Settings > General > Software Updates. You should avoid iOS 7.1.1 if you have a jailbroken device and want to keep it that way. Here's the very brief change log for the iOS 7.1.1:

Apple Expands Free Recycling to All iOS Devices, Macs and PCs

Apple is celebrating Earth Day by launching a revamped reuse and recycling program for used electronics. The company is also highlighting its environmental focus in a new film titled Better. While the film mostly shows off Apple's large-scale solar arrays, the expanded recycling program continues to divert used electronics from landfills worldwide.

Apple Earth Day 2014 Recycling

The recycling program is divided into two parts. The iPod and Mobile Phone Recycling Program will accept used iPods and any manufacturer's mobile phone free of charge. Bringing an iPod to any Apple store for recycling qualifies the customer for 10 percent off the purchase of a new iPod. Apple will also pay for packaging and shipping for those who mail the iPod or mobile phone out for recycling.

AAPL News Recap 4/13 - 4/20

AAPL shares value had a relatively uneventful week last week, opening at $521.68 on Monday 4/14 and closing at $524.99 on Friday. This week should be more eventful since Apple will be releasing its Q2 FY 2014 earnings report at 5 PM Eastern this coming Wednesday, 4/23. You can access an audio webcast of the announcement at Apple's Investor Relations page.

Apple expected to report decline in iPad sales

Apple's Q2 guidance that was released in late January (and promptly caused the stock price to tumble) called for revenue between $42 and $44 billion. Fortune's poll of analysts returned an average revenue estimate of $43.5 billion. Many of


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