Daring Fireball

‘Apple May Not Have a Choice but to Release a Watch’
29 Jan 2015 2:36am GMT Matt Asay, writing for ReadWrite back in February 2013: Apple is reportedly developing a smart watch made from curved glass. Does it really have a choice? With iPhone sales stalling, the Cupertino innovator is in desperate need of another hit product, and not just any product: Apple needs something that consumers will refresh every 12 to 18 months. In desperate need. Desperate. I’m surprised they made it this long.  ★ 

‘Grass Mud Horse’
28 Jan 2015 8:20pm GMT Craig Hockenberry, following up on a mysterious and overwhelming DDoS attack on Iconfactory’s web server originating in China: In my first post about the attack from the Great Firewall of China, I stuck to the facts. There was a simple reason for this: you don’t want conjecture when your site is down. You want to understand the problem and see suggestions on how to fix it. This post will be different: these are my opinions and they are pointed. I’ll first note some of the...

Bad Assumptions
28 Jan 2015 7:17pm GMT Great post by Ben Thompson on how Apple remains profoundly misunderstood by many: And yet, the perception that Apple is somehow hanging on by the skin of their teeth persists. I was speaking to someone about Apple’s particularly excellent China results this afternoon, and was struck at how their questions were so focused on threats to Apple — “How will Apple respond to Xiaomi” for example. This is in stark contrast to the way most think about a company like Google,...

Apple and China
28 Jan 2015 7:15pm GMT Brian X. Chen, writing for the NYT: The company on Tuesday reported $16.1 billion in revenue from “greater China” — which includes mainland China, Hong Kong and Taiwan — in its first fiscal quarter, up 70 percent from the same period a year ago. Canalys, a research firm, estimates that Apple is now the No. 1 smartphone maker in China. The conventional wisdom just two years ago was that Apple needed to create a low-priced iPhone — not just lower-priced but...

The Most Profitable Quarter of Any Company Ever
28 Jan 2015 6:50pm GMT Greg Kumparak, writing for TechCrunch: This page charts the past record holders. Until today, Russia’s Gazprom (the largest natural gas extractor in the world) held the record at $16.2 billion in a quarter. Apple now holds the record: $18.04 billion in profit, fiscal Q1 of 2015. Absolutely. Insane. For reference, that means Apple makes around $8.3 million dollars per hour in profit (24 hours a day). Of the current Top 20 record holding earners, 15 are Oil/Gas producers —...

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