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Tim Cook praises new products, highlights Apple's growth in letter to employees

Following the company's quarterly earnings report, Apple CEO Tim Cook has published a new letter to employees, which covers latest products announced and touches upon the overall performance of the company. The CEO notes the recent iPhone 6 and iPhone 6 Plus launch as the "most successful" in the history of the iPhone.

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Apple Pay scores a home run with 2014 World Series support

Apple may have just scored a home run with Apple Pay as Major League Baseball will support the contact-less NFC payment system at a few stadiums in time for the 2014 World Series. San Francisco's AT&T Park and Kansas City's Kauffman Stadium will be two of the earliest MLB stadiums to support Apple Pay, which launched on Monday alongside iOS 8.1.

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Tim Cook on declining iPad sales: It's a speed bump, not a huge issue

Apple posted its fourth quarter results today, and and for the third straight quarter reported declining iPad sales. During Apple's call with financial analysts, Cook addressed the issue.

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Apple will closely guard Apple Watch sales numbers in new reporting method

Starting the first quarter of its 2015 fiscal year, Apple CEO Tim Cook said that the company may not break out sales figures for the Apple Watch. By not disclosing exact sales numbers for Apple's nascent smartwatch, a typically secretive Apple would hope to gain a competitive advantage over competitors. Apple would employ a new way of reporting sales and earnings for its Apple Watch by categorizing it into a category marked "other" along with a few other products.

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Apple's shopping spree brings 20 new companies under its wings in 2014

While Beats Electronics is probably the most notable purchase Apple had made this year, CEO Tim Cook had stated during the earnings call that his firm had purchased a total of 20 companies, with 7 of those acquisitions during the latest fourth quarter. Many of those companies were not disclosed, but Apple had confirmed a few of them in the past, including Prss for iPad publishing, Swell, and LuxVue.

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85 billion apps have been downloaded from the App Store

Apple announced that over 85 billion apps were downloaded from the App Store, up from 60 billion a year ago. Alongside an increased consumption in apps, Apple also announced record sales of iPhone models during its latest fiscal quarter.

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Tim Cook: iPhone 6 supply 'not on the same planet' as demand

Reiterating the company's strong guidance for its next fiscal quarter, Tim Cook told an analyst during today's conference call that iPhone 6 supply was "not on the same planet" as demand.

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Apple Q4 2014: 39.3 million iPhones, 12.3 million iPads, 5.5 million Macs, $42.1 billion in revenue!

Apple has released their Q4 2014 financial earnings report and the big numbers include 39.3 million iPhones, 12.3 million iPads, 5.5 million Macs, 2.6 million iPods, and $42.1 billion in revenue!

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Apple will require iOS 8 SDK and 64-bit support in iOS apps starting February 2015

Apple began notifying developers today of some big changes coming to app submissions to the App Store. Listed on the developers news portal, Apple will require that all apps and app updates use the iOS 8 SDK and include 64-bit support starting in February of 2015.

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Target app updated with new design, Apple Pay support

A new update to the Target app brings a completely redesigned shopping experience while also adding support for Apple Pay so you can use your fingers to pay for your web purchases. With the app, you have expanded shopping choices as you can choose to have items shipped to you, pick your goods up at a local Target store location, or create shopping lists.

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