Weekly News Roundup – 26 October 2012

On October 26, 2012

Once again the week is coming to an end and that means it’s time for a roundup of the past weeks news!

Apple Increases European App Store Pricing, Changes Some Countries to Local Currencies – Apple has increased the amount of money charged for App Store pricing tiers for a number of countries across the European Union.

Apple Records Q4 2012 Earnings of $8.2B on $36B in Revenue, Tops $150B in Sales for Fiscal 2012  – Apple today announced financial results for the third calendar quarter and fourth fiscal quarter of 2012. For the quarter, Apple posted revenue of $36.0 billion and net quarterly profit of $8.2 billion, or $8.67 per diluted share, compared to revenue of $28.27 billion and net quarterly profit of $6.62 billion, or $7.05 per diluted share, in the year-ago quarter. Apple had provided guidance for this quarter of $34 billion in revenue and earnings of $7.65 per share.

Cook: Apple has “learned not to worry about canibalization of our own product” – Asked about the potential of the new iPad mini eating into its existing iPad sales, the company’s chief executive Tim Cook said it has “learned not to worry about cannibalization of our own product.”

85% of social gamers only play a game for 1 day – We all know that once in a while you find a game on some social platform and play it for a day only to then completely forget it even existed, well according to a report release by Playnomics 85% of  gamers will play a social game only once and then never return.

Apple Targeting First Quarter 2013 Launch for Online Music Service – Bloomberg reports that Apple appears to hoping to wrap up deals for an online music service in the next few weeks, targeting a launch for the first quarter of next year.

White & silver iPad mini sells out of launch day delivery – Just hours after the iPad mini became available to preorder at Apple’s online store, the white and silver model is now advertised to ship in two weeks.

Teardown of 13″ Retina MacBook Pro finds redesigned battery, Samsung flash, soldered RAM – Apple’s new 13-inch MacBook Pro with Retina display isn’t just a shrunken-down version of its 15-inch counterpart, as a teardown of the device has found key changes to its design, including a rearrangement of the battery cells.

iPhone Accounts for 77% of Smartphone Sales, 62% of All Postpaid Phone Sales at AT&T in 3Q 2012 – AT&T today announced financial results for the third quarter of 2012, revealing that the carrier activated 4.7 million iPhones during the quarter, an increase of one million over the previous quarter as sales were buoyed by the iPhone 5 launch near the end of the period.

Apple Releases Major Final Cut Pro X Update with Dual Viewers, Multichannel Audio Tools, RED Camera Support and More – Today, Apple released a major update to Final Cut Pro X that was promised back in April. The initial launch of Final Cut Pro X was met with significant criticism due to a lack of many features found in earlier versions of the software. Apple responded to the concerns with promises of updates.

Apple announces iPad Mini! – As rumored, Apple announced the new iPad mini at today’s media event. The device features a 7.9-inch display with a resolution of 1024×768 pixels, measures just 7.2 millimeters thin and weighs 0.68 pounds.