Posts in news

Apple Reports Quarterly Revenue of $119.6 Billion for Q1 2024

Apple earned how much?

Apple earned how much?

Last quarter, Apple reported that its revenue came in at $89.5 billion, which was down year-over-year but slightly more than expected. Today, the company reported $119.6 billion in revenue for the first quarter of 2024, which include the holiday season and the first full quarter of iPhone 15 sales.

According to Apple CEO Tim Cook:

Today Apple is reporting revenue growth for the December quarter fueled by iPhone sales, and an all-time revenue record in Services. We are pleased to announce that our installed base of active devices has now surpassed 2.2 billion, reaching an all-time high across all products and geographic segments. And as customers begin to experience the incredible Apple Vision Pro tomorrow, we are committed as ever to the pursuit of groundbreaking innovation — in line with our values and on behalf of our customers.

Going into today’s earnings call, the consensus among Wall Street analysts was that Apple would earn $117.97 billion. Apple beat those expectations by a healthy margin of nearly $2 billion. And, with 2.2 billion installed devices, an all-time high, the opportunity for continued growth of service revenue is significant.

Once again, though, the iPhone was the star of the show with a sizable 58% of Apple’s revenue for the quarter, making up for concerns about consumer demand in China, regulatory pressures in Europe, and questions about whether consumers will embrace Apple Vision Pro.

The Browser Company Announces Act II for Arc: ‘The Browser That Browses For You’

Today, The Browser Company announced a selection of new features coming to their Arc browser for Mac as part of what they are billing ’Act II’ of their increasingly popular app. There are four features in total, centered around the theme of ‘the browser that browses for you.’

For those unfamiliar, Arc started as a Mac browser built around the Chromium code base with eye-catching features like tabs listed down the side, Split View, built-in ‘easels’ and notes, and the ability to adjust the visual look of webpages. Arc is now targeting what CEO Josh Miller has called ‘a post-Google Internet’ by implementing AI within the browsing experience, amongst other strategies.

Current ‘Arc Max’ AI features like ‘Ask On Page,’ which answers questions about the contents of webpages, and ‘5 Second Previews’, which summarises a webpage at the other end of a link, have all proved to be hits with users.

It’s no secret I’m a fan of Arc. I would even call their ‘Shared Quotes’ feature my favorite ‘little’ feature in any browser right now. The Browser Company has big ambitions for 2024, including an imminent launch on Windows, and Miller had this to say about Arc’s next step:

“Here is our vision. It’s really simple. You tell Arc what to do, and Arc will go and do it for you.”

It’s a very broad statement, but with the new features announced today, the context of what he is saying comes more into focus. Two of these new features are available today, with the other two coming soon. Let’s take a look at them in detail.

Read more

Magic Rays of Light: Argylle and Imagining Spatial Computing with Swan Song→

0:00
01:13:58

This week on Magic Rays of Light, Sigmund and Devon discuss Apple Original Film Argylle ahead of its theatrical debut, our first look at changes coming in tvOS 17.4, the potential of game streaming on Apple TV, hints of our spatial computing future in Apple Original Film Swan Song, and the latest additions to Apple Arcade.

Show Notes

Send us a voice message all week via iMessage or email to [email protected].

Sigmund Judge | Follow Sigmund on X, Mastodon, or Threads

Devon Dundee | Follow Devon on Mastodon or Threads

View our Apple TV release calendar on the web.

Subscribe to our Apple TV release calendar.

Read more

The Iconfactory Launches Project Tapestry, a Kickstarter Campaign to Create a Universal Inbox for RSS, Social Media, and More

Source: The Iconfactory.

Source: The Iconfactory.

We’re at an exciting moment in the history of the Internet where the downsides of walled gardens of content have become painfully obvious to more people than ever. Those downsides weren’t so clear when companies like Twitter got their start. As it and other companies grew, the convenience and instant gratification of social media put a dent in things like blogging, RSS, and other ways people shared their thoughts, links, and other media online.

But, if there’s a silver lining to what’s become of Twitter, it’s that it opened the eyes of a lot of people who are now helping revitalize the open web standards that never went away for many of us. The trouble is that the feeds we monitor are spread over more places than ever before. There’s RSS, of course, but there’s also ActivityPub, Bluesky, and more. That makes it the perfect time for a new approach like the one The Iconfactory has announced via a Kickstarter campaign.

The campaign was launched today to fund the creation of Tapestry, an iOS universal inbox for the feeds in your life. The Iconfactory makes it clear that it doesn’t intend for Tapestry to replace your RSS reader or Mastodon client, though. Instead, the company wants Tapestry to be a unified, chronological timeline that will help you keep up with what’s new so you can pick the best that your favorite sources have to offer. The Iconfactory has also said the app will have a simple API for adding your own data sources to your feed.

I love this idea and backed the project immediately. The Iconfactory says that they expect the development to take 9 - 12 months, which comes with the usual caveats about the risks of funding a Kickstarter campaign, which is why I rarely link them except in cases like The Iconfactory’s, which has a proven track record. The initial goal is $100,000, and as of the publication of this story, they’re about 25% of the way there. The first stretch goal is $150,000, which would add features like muting, theming, bookmarking, filtering and searching, local notifications, a share plugin system similar to Shortcuts, a curated library of plugins, and a Mac app.

There are also multiple reward levels with a variety of rewards for anyone who pledges $5 to $1,500. To learn more, check out the campaign on Kickstarter and The Iconfactory’s blog.

What Reviewers Have Learned about Apple Vision Pro

By the time most Apple hardware is released, we usually know every minute detail of the specs and have a pretty good idea of what using it will be like. That hasn’t been the case with the Apple Vision Pro. Apple conducted multiple waves of demos in the months since WWDC 2023, but those were tightly controlled and limited. Today, however, we’re seeing the first hardware reviews from a range of media outlets and YouTubers who have had a chance to spend about a week testing the device.

There are some excellent reviews that are well worth reading in full, but I thought I’d highlight some of the most interesting tidbits that were either unknown or unclear before now to help give readers a better sense of what this hardware is all about.

Read more

MacStories Unwind: Diablo Mode, Part 3 of Federico’s Gaming Surprise

0:00
38:36

This week, Federico concludes his grand surprise with one more enhancement to his mobile gaming setup.

MacStories Unwind+

We deliver MacStories Unwind+ to Club MacStories subscribers ad-free and early with high bitrate audio every week.

To learn more about the benefits of a Club MacStories subscription, visit our Plans page.

Read more

Apple Shares List of Alternate Browsers That Will Be Available to EU Users in iOS 17.4

One element of the changes coming to iOS in the European Union is that beginning with iOS 17.4, EU users will see a choice of browsers when they first launch Safari that can be set as the systemwide default browser. For each country, that list will contain the 12 most popular browsers from its App Store storefront displayed to the user in a random order.

As you can imagine, there is overlap among EU member countries, but there are plenty of differences, too. If you’re curious which browsers will be listed in your country, check out the lists for each of the 27 EU member countries after the break that Apple has told us will appear the first time Safari is launched in iOS 17.4.

Read more

Apple Introduces Transcripts for Podcasts

I switch to Apple system apps every summer to test the latest versions of the company’s OSes. I usually return to my favorite third-party apps over time, but Apple Podcasts has been an outlier since last summer for various reasons. The app has come a long way in recent years, and while it still doesn’t quite fit with how I like to listen to shows, it has stuck when many other system apps haven’t.

With other podcast apps struggling in recent months and Apple offering unique features that aren’t found elsewhere, Podcasts has become a compelling choice for a lot of listeners. And judging from the download numbers for AppStories, Unwind, and Magic Rays of Light, I don’t think I’m alone in this assessment.

An AppStories transcript.

An AppStories transcript.

Today, Apple added another reason to use its system app: transcripts. The new feature couldn’t be easier for podcast creators:

Apple automatically generates transcripts after a new episode is published. Your episode will be available for listening right away, and the transcript will be available shortly afterwards. There will be a short delay while we process your transcript. If portions of your episode change with dynamically inserted audio, Apple Podcasts will not display the segments of the audio that have changed since the original transcription. Music lyrics are also not displayed in the transcripts.

Listeners will be able to follow along with its transcript, much like how real-time lyrics work in Apple Music, with the text highlighting in sync with the audio for shows.

Viewing a transcript in Podcasts Connect.

Viewing a transcript in Podcasts Connect.

I’ve experimented with OpenAI’s Whisper for creating transcripts of MacStories’ podcasts, and although the results are good enough for creating a searchable episode database for our internal use, they haven’t been good enough to publish. As a result, I’m very keen to see how well Apple’s solution works. If they prefer, podcasters will be able to upload their own transcripts, too.

A downloaded transcript.

A downloaded transcript.

The transcripts generated by Apple are saved as VTT files, which is a W3C standard for displaying timed text using HTML 5’s track element. I looked at AppStories, and sure enough, there’s a transcript available for the latest episode already. As one of the show’s creators, I can access, download, edit, and re-upload the transcript. Based on my preliminary scan of the latest episode, though, the transcription is very good, including timestamps and identification of each speaker, although not by name, which isn’t surprising.

There was a lot of buzz surrounding the App Store changes coming to the EU next month. Those changes are important and will drive the story of the App Store for years to come, but there’s more to iOS 17.4, and Podcasts transcripts are a prime example of a feature that adds value and makes podcasts more accessible to everyone.