Apple just reported its Q3 2016 earnings, and investors are sending its stock through the roof. While the company managed to beat analysts’ expectations, Apple is selling fewer iPhones, iPads and Macs than last year during the same period. The long period of endless growth on all product lines is …
Read More »Apple wants you to think about the iPad Pro as a computer
You can’t say you haven’t seen this coming. Apple CEO Tim Cook has said again and again that the iPad Pro is the company’s vision of the future of computing. And today, Apple is confirming this vision with a new ad. For the first time, Apple is calling the iPad …
Read More »Updates to Apple hardware this year will focus on power users
Apple’s roadmap for the rest of the year (and perhaps a bit beyond that) appears to take aim at big spenders and power users, if we can trust inside information posted by Bloomberg’s Mark Gurman — as one generally can. Expect updates to the iPad, MacBook Air and Pro and …
Read More »Apple also doubles storage on old iPads and makes high-end iPad Pro models cheaper
Apple hasn’t mentioned the iPad during its press conference, but it doesn’t mean that the company has no news for the device. The iPhone 7 finally starts with 32GB of storage, and the iPad is also receiving a storage bump. The 9.7-inch and 12.9-inch iPad Pros already start at 32GB, …
Read More »Microsoft’s Surface business skyrockets as the iPad’s slows
Microsoft saw revenue from its Surface line jump 38% over last year’s total, according to its most recent financial report. Released today, the report states that Surface revenue hit $926 million during the last quarter, up from $672 million last year. Even at this level, Apple’s iPad business is still …
Read More »Copy and paste trick could unlock iOS 10 devices in Lost Mode
Lost and stolen iOS devices could be at risk if ne’er-do-wells learn of this blunt-force method of getting past Activation Lock. No special equipment or technical know-how is required, which means any geek off the streets can do it. Fortunately, it’s easily fixed — but until that happens, you might …
Read More »Groupon Acquires OrderUp Food Delivery Service
Groupon appears to be readying itself to expand into food delivery and take on services like GrubHub. Today, the company announced its acquisition of food-delivery service OrderUp and detailed its plans to expand into the $70 billion sector. Founded in 2009, the Baltimore-based OrderUp is live in 40 cities across the country, many of which …
Read More »Groupon Launches Its Own Food Delivery Business, Groupon To Go
Following its acquisition of food delivery service OrderUp earlier this month, Groupon is today announcing its own nationwide delivery and takeout service, Groupon To Go. The program is initially available in Chicago, where it has been in pilot testing with 500 restaurants since March, but the company says it will expand …
Read More »Our Marketplace Obsession And Bubble
Service marketplaces have recently become Silicon Valley darlings. The marketplace model has been a popular way for VCs to efficiently tap into the local economies at scale, specifically the $800 billion home services space. It’s a model that dates back to the initial concept of Yellow Pages in 1883. And it makes sense …
Read More »Groupon Is Laying Off 1,100 At A Cost Of $35M, Shutters Operations In 7 Countries
Some significant downsizing is underway at Groupon, the daily deals and local-commerce site. The company is today announcing that it will be cutting 1,100 jobs — mostly in its sales (aka “deal factory”) and customer service operations — taking a pre-tax charge of $35 million in the process. As part …
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