Techmeme
July 22, 2014, 7:45 PM

Top News

Apple:
Apple Reports Third Quarter Results  —  iPhone, Mac & Services Growth Drive Record June Quarter Revenue & 20% EPS Growth  —  Apple® today announced financial results for its fiscal 2014 third quarter ended June 28, 2014.  The Company posted quarterly revenue of $37.4 billion …
Daisuke Wakabayashi / Wall Street Journal:
iPhone sales up 12.7% from a year ago driven by demand from Brazil, Russia, India, and China; iPad sales down 9.2%  —  Apple Reports Strong iPhone Sales  —  Sales of Smartphone Jump 12.7% in Latest Quarter, Ahead of Expected Refresh  —  Apple Inc. reported its second straight quarter …
Mark Gurman / 9to5Mac:
Apple announces Q3 2014 revenue of $37.4b: 35.2m iPhones, 13.2m iPads, 4.4m Macs  —  Apple today announced its Q3 2014 earnings results, revealing that the company pulled in $37.4 billion in revenue and $7.7 billion in profit during the quarter. … Apple, as always, has also disclosed sales numbers for its main revenue generators.
Microsoft:
Microsoft Cloud Growth Drives Strong Fourth-Quarter Results  —  REDMOND, Wash. — July 22, 2014 — Microsoft Corp. today announced revenue of $23.38 billion for the quarter ended June 30, 2014.  Gross margin, operating income, and diluted earnings per share ("EPS") for the quarter were $15.79 billion …
Richard Lai / Engadget:
Xiaomi's latest phone gets a steel frame, IR blaster and top specs for just $320  —  Having sold 26.11 million phones in the first half of this year, the beast from the East that is Xiaomi is back again with a new flagship Android phone: the MI4.  For the first time ever …
Vlad Savov / The Verge:
‘One more thing’: ex-Google exec says his Chinese employer is no Apple ripoff  —  “We're not copying Apple's products.  End of story.”  —  A man wearing a black top and denim jeans stands on stage promising to unveil “one more thing.”  As much as that might sound like the familiar finale …
Mikey Campbell / AppleInsider:
Apple granted comprehensive ‘iTime’ smartwatch patent with in-strap circuitry, arm gesture support  —  In one of the clearest signs that Apple is — and has been — working on a smartwatch device, the Cupertino company was on Tuesday granted a patent for a wrist-worn wearable …
Sarah Perez / TechCrunch:
Amazon Quietly Launches Its Consumer-Facing Mobile Wallet App, Amazon Wallet  —  Amazon's first attempt at its own mobile wallet application, designed for use at the point-of-sale, has made a quiet debut on the Amazon Appstore and on Google Play.  However, the current implementation of the new …
Ben Thompson / stratechery:
To focus on services, Microsoft should split in two and make the Windows business a separate company  —  It's Time to Split Up Microsoft  —  To understand why so many serious Microsoft observers were encouraged by Satya Nadella's week-ago memo Bold Ambition and Our Core,1 it's useful …
More: EngadgetThanks:@pavanrajam
Ingrid Lunden / TechCrunch:
Apple Faces Class-Action Lawsuit In California Over Alleged Labor Violations Affecting 20K Employees  —  While Apple today reported its quarterly earnings, another group seized the moment to push out another bit of Apple-related news.  The company is being sued in a class-action suit …
Deborah Gage / Wall Street Journal:
Application performance management company AppDynamics raises $120M at $1B valuation, plans eventual IPO  —  AppDynamics Raises $120M, Valued at $1 Billion for Corporate Software  —  AppDynamics Inc., whose software monitors how applications are performing in order to help companies avoid bottlenecks …
Colleen Taylor / TechCrunch:
Timehop, The App That Works As A Digital Time Capsule, Raises $10M Led By Shasta Ventures  —  Timehop, the app that serves as a personal “today in history” memo by surfacing your social networking photos and posts from a year ago or more, has raised $10 million in new funding.
More: Re/code and VentureBeatTweets: @bryce

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