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Apple Stock Drops Nearly 9% Despite Record Breaking Q1 Numbers

Apple (NASDAQ: AAPL) today released results for its fiscal 2014 first quarter (ended December 28th 2013), and while some of the numbers were record breakers for the tech giant, they still fell short of analysts' expectations. This, accompanied by a disappointing Q2 forecast, caused the stock to drop nearly 9% during after hours trading. According to OppTrends, Apple shares were trading for around $502 at 5:43 P.M. EST today.

AAPL stock dips

Apple reported a record quarterly revenue of $57.6 billion and quarterly net profit of $13.1 billion, or $14.50 per diluted share. These are up from revenue of $54.5 billion and net profit of $13.1 billion, or $13.81 per diluted share, for Q1 2012. Gross margin dipped slightly to 37.9, down from 38.6 a year ago. iPhone sales

New Jailbreak Tweaks for your iPhone's Battery: BatterySafe, Alkaline and More

Several battery-related jailbreak tweaks for your iPhone/iPad have been recently released and are worthy of mention. BatterySafe will help you avoid draining your battery to the point of shutdown, while Alkaline and NCBattery are cosmetic tweaks for your battery icon.

jailbreak tweak BatterySafe

Anybody who uses Wi-Fi or Bluetooth connectivity on a daily basis has no doubt been frustrated at one point or another when they went to use their iPhone or iPad only to find its battery dead because they forgot to turn off those services. This

Barrel Home Screen Special Effects Optimized for iOS 7

Looking for a fun tweak to customize your jailbroken iOS 7 device? Developer Aaron Ash has put more hard work into his tweak, Barrel to get it working flawlessly on iOS 7. Once installed from Cydia, Barrel provides a list of transitions to choose from under Settings -> Barrel.

Barrel tweak iPhone jailbreak

Switching between different home screens has never been so interesting. The latest version of Barrel (1.7.0.3-1) brings fixes to iOS 6 devices and updates the Settings to use the entire screen on larger iOS devices. Minor cosmetic flaws noticeable on iOS 7 have also been fixed.

iPhone Game Giveaway: DuckieDeck Family Photo for Toddlers

We're giving away 4 free promo codes for the iOS game DuckieDeck Family Photo. The app allows toddlers to create funny and creative caricatures of their family and friends without the need of costly in-app purchases.

DuckieDeck Family Photo

Family Photo is easy to use, children can choose from a variety of colorful faces, facial features and accessories to create group photos of their family. The game features over 100 different options, like noses, eye shape, glasses and facial hair, to choose from.

Apple Takes Another Step Toward Mobile Payments

It is, or at least should be, obvious that making purchases at retail stores with your mobile device, while bypassing store personnel altogether, is going to be the norm at some point in the future. When this will be is the mystery. The technology is already widely used in Japan, South Korea and many countries in Europe. In America however, no clear leader has emerged and things are moving at a much slower pace, but progressing nonetheless. Google has been experimenting with Google Wallet and NFC (near field communication) technology on its Android handsets for some time. Apple has also been gradually building the groundwork for its own mobile payment system and yesterday, according to the Wall Street Journal, there was another development in its endeavor.

Apple mobile payment system patent

On Friday, Apple CEO Tim Cook and Senior VP of Internet and Software Services, Eddie Cue, met with other technology industry executives to discuss their interest in making mobile payments for goods and services from mobile devices such as the iPhone and iPad. The WSJ also reported that Apple has charged executive Jennifer

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