Apple has shelved the plans for its own car: the team working on the plans had 1,000 employees, several hundred of them will now be out of a job.

When it presented its newest collection of smartwatches, Apple decided to eliminate its most expensive version, a golden watch - much to the amusement of Swiss watch manufacturers.

According to market researcher Canalys, 35 million tablets were sold in the past quarter, down 16 % compared to a year ago, but Apple did manage to increase its market share.

Over the past quarter, Apple only sold half of the Apple Watch devices it sold last year in the same quarter. It also lost market share.

  • Published in m-Tail

Apple is to introduce its mobile payment service Apple Pay in several web shops soon, but only for users who use Apple's browser Safari. Aside from web shops, the company will expand Apple Pay into other European countries as well.

Online department store Amazonis by far the world's most valuable retail, worth nearly 99 billion dollars. That value puts Jeff Bezos' company in seventh spot of the Brandz Top 100 Edition 2016.

Apple opened a new store in San Francisco, the first with a new store formula co-developed by Angela Ahrendts. Previously, she was Burberry's CEO and switched to Apple about one year ago.

  • Published in Food

American Apple has made a remarkable move, selling its iPhone 5S on discounter Lidl's German web shop.

Smartwatch sales have more than tripled in the first quarter of 2016, compared to a year ago: that boils down to more than four million smartwatches in the past three months.

For the sixth straight quarter, tablet sales have dropped. In 2016's first quarter, 15 % fewer tablets were shipped compared to the year before, while market leaders Apple and Samsung even had to accept lower market shares in that shrinking market.

Three electronics giants (Apple, Samsung and Sony) have published their results this week, showing that only Samsung managed to grow in the smartphone market over the past quarter.

More than 8.1 million smartwatches were shipped in the fourth quarter of 2015, while 'only' 7.9 million watches 'made in Switzerland' were sold in the same timeframe.

In 2015's last quarter, the worldwide tablets sales have dropped 13.7 %, which means that 65.9 million tablets were sold in total. For the entire year, 206.8 million tablets were sold. 

Over the past quarter, Apple has not managed to meet expectations, for the first time in a long time. The stagnant iPhone sales are mostly to blame, as it failed to grow as fast as expected.

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