Estimates raised on Wall Street as Apple impresses investors again with another record quarter — The iPhone continues to drive growth at Apple, once again propelling the company to a record quarter that has left analysts on Wall Street confident the company’s stock will continue to go higher. Apple added $50B to its capital return program, and Apple promises to distribute $200B by 2017. I wrote about the quarterly results and Cook’s progress on iStart.
‘Big Media Changes’ — Apple CEO Tim Cook made it clear he wants his company to play a role in the rapidly changing market for entertainment content. He said as much during the company’s second quarter earnings conference call on Monday, and called out HBO Now as an example of giving customers what they want.
Patriot unveils USB-C flash drive for Apple’s MacBook — New MacBook owners who need removable storage but don’t want to carry around a USB adapter now have a new native USB-C option in California-based Patriot Memory’s just-announced convertible flash drive.
Apple wins patent on Kinect-like depth mapping technology for 3D gesture interfaces — Apple has been awarded a patent for a depth-mapping technology for a Kinect-like 3D gesture interface, adding to the intellectual property inherited from its acquisition of Israeli firm PrimeSense in 2013.