Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Everything You Need to Know About Apple's Announcements Today

Apple (Nasdaq: AAPL  ) kicked off its Worldwide Developers Conference today with a jam-packed keynote that included product announcements for both hardware and software.

Here are some interesting facts that got the show started:

  • 400 million iTunes App Store accounts
  • 650,000 apps
  • 225,000 iPad-optimized apps
  • 30 billion app downloads
  • $5 billion cumulative paid out to developers

That last point is important, because just two quarters ago Apple had only paid out $4 billion, meaning the app business is accelerating dramatically and that cumulative figure has grown 25% in just six months. It also implies that Apple's cut has been a little more than $2.1 billion.

Hardware: MacBook Pro with Retina display
Apple updated the specs throughout its notebook lineup, including the traditional MacBook Pro family and MacBook Airs. Intel's (Nasdaq: INTC  ) latest Ivy Bridge chips and NVIDIA's (Nasdaq: NVDA  ) newest Kepler chips are featured throughout (or when a discrete GPU is used, in NVIDIA's case).

No shockers there, as the inclusion of these chips was practically guaranteed. Advanced Micro Devices is relinquishing its graphics spot back to NVIDIA. Apple is also upgrading to USB 3, which offers faster transfer speeds than the current USB 2.

The biggest hardware announcement today was a new generation of MacBook Pro. Most of the details of this new laptop were pretty much in line with expectations, with no major surprises up Apple's sleeve. That doesn't take away from their significance, though.

It only comes as a 15-inch model (for now) that sports a high-resolution Retina display with 2880 x 1800 resolution. That chalks in at a lower pixel density than Apple's other Retina displays on its mobile gadgets, but it's still the highest-resolution display for a PC ever.

MacBook Pro with Retina display. Source: Apple.

Expectedly taking some design cues from the MacBook Air, it ditches the optical DVD drive in addition to traditional hard disk drives, or HDDs, in favor of solid-state drives, or SSDs. Doing so has allowed Apple to make the notebook even thinner than before.

Apple is the only computer maker that's devoted the R&D dollars and time into pushing the envelope. It uses custom parts for the guts of its notebooks, which allows it to take its engineering to a level that OEMs with smaller margins aren't willing to follow -- or are even capable of following.

Software: OS X Mountain Lion
The software announcements are split between Apple's desktop OS X and mobile iOS.

Apple now has a Mac installed base of 66 million users, which is pretty minuscule in a global context. I actually see that as a sign of how much room the Mac has to grow. The latest version of OS X, Lion, has sold 26 million copies, representing 40% penetration within nine months. It took 27 months for Microsoft Windows 7 to reach that level, although that's certainly a much larger installed base to penetrate.

Most of OS X Mountain Lion's features were previewed several months ago, and there weren't really any new jaw-dropping additions to show off. Apple is adding voice dictation and a new feature called Power Nap that updates and backs up your computer while it's sleeping. The OS will also continue getting more features taken from iOS -- such as AirPlay mirroring, Game Center, and Notification Center.

The operating system will be released next month for just $20.

Software: iOS 6
iOS chief Scott Forstall took the stage for all things mobile, mentioning that Apple has sold a cumulative total of 365 million iOS devices. By my count, that includes 218 million iPhones and 67 million iPads.

Siri is getting a handful of upgrades, including the ability to fetch sports scores and information, as was suspected. It's also getting integration with OpenTable and Time Warner's Rotten Tomatoes. Siri will be able to launch apps and is getting Twitter integration. Also as rumored, Apple is bringing Siri to the new iPad.

This is all good news for Nuance Communications, as its relationship with Apple continues to expand when you think of Siri and dictation spreading throughout its devices.

You can now also FaceTime directly over cell networks, which makes you wonder how Apple ever talked carrier partners into signing off on that considering how much it might strain their networks. iOS is also getting a feature called Do Not Disturb and Shared Photo Streams. A new feature called Passbook looks relatively minor at first -- keeping track of all your boarding passes, tickets, and gift cards -- but also represents how the iPhone is one step closer to becoming your wallet.

Facebook (Nasdaq: FB  ) is now getting integrated into iOS 6, much like Twitter was integrated last year. The social network will tie into the App Store, calendars, contacts, and everywhere else you'd expect.

Is there a map for that?
Apple unveiled its new in-house maps offering, displacing Google's (Nasdaq: GOOG  ) long-held seat. The offering plays catch-up in some ways with Android's map capabilities, adding features like turn-by-turn directions and adding small 3-D models onto maps.

The real new feature is dubbed "Flyover," creating incredibly detailed 3-D models of cities around the world rendered in real time. The models look very similar to what Google showed off last week at its own dedicated mapping event.

My biggest concern for Apple was whether it could compile a database of local business listings sufficient to replace Google's. Forstall said Apple now has 100 million business listings and is even building its own traffic service.

iOS 6 will see a fall release, likely coinciding with the sixth-generation iPhone.

Leading the way
There were rumors that didn't pan out, of Apple updating more of its Mac lineup, most notably including the aging Mac Pro. That said, I don't think anyone will come away from the news as "disappointed." The new MacBook Pros are the most important updates, in my mind, while the software announcements are simply continued evolution and convergence.

The announcements will help Apple keep its edge over competitors, which is why you should buy Apple. This new premium research report will outline everything a current or prospective shareholder needs to know about the Mac maker, and you'll also get free quarterly updates on major developments. To get a broader view of the game-changing "smart device" revolution and one company that's winning in this space -- and isn't named Apple -- click here to grab our free report on this trillion-dollar revolution.

Fool contributor Evan Niu owns shares of Nuance Communications and Apple, but he holds no other position in any company mentioned. Click here to see his holdings and a short bio. The Motley Fool owns shares of Intel, OpenTable, Facebook, and Microsoft. The Fool owns shares of Google. The Fool owns shares of Apple. Motley Fool newsletter services have recommended buying shares of Google, Nuance Communications, Apple, Intel, Microsoft, NVIDIA, and OpenTable; creating bull call spread positions in Apple and Microsoft; and writing puts on NVIDIA. The Motley Fool has a disclosure policy.

We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.

Read/Post Comments (13) | Recommend This Article (57)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On June 11, 2012, at 5:55 PM, SenileGhandi wrote:

    I've never really understood why people would spend north of $1000 for a macbook pro, but this screen resolution makes it seem worth it now!

  • Report this Comment On June 11, 2012, at 5:58 PM, TMFNewCow wrote:

    Quick note: Apple did quietly update the Mac Pro, but didn't make much fuss about it.

    -- Evan

  • Report this Comment On June 11, 2012, at 6:28 PM, LEOFemedlers wrote:

    I've noticed that AAPL's price has been pegging to news coming out of the EU. There has been strong correlation for the last several months. It wasn't pegging like that in March and prior to March. I wonder what the difference is... Thoughts?

  • Report this Comment On June 11, 2012, at 7:22 PM, motocross333 wrote:

    i love how motley fool tried to sell you on a stock, then charges you for reports to research it. Comedy, nice try fools!

  • Report this Comment On June 11, 2012, at 7:23 PM, motocross333 wrote:

    @michal777- hold on to appl stock, its only going up, im seeing over $1000 per share within 12 months, believe that or not....

  • Report this Comment On June 11, 2012, at 8:01 PM, JSBMAN wrote:

    So, where is the ETF's to Avoid report? I've tried to find it several times. What should I expect and where

  • Report this Comment On June 11, 2012, at 8:53 PM, alexanderantonio wrote:


    Seeing as how Apple is a luxury item-ESPECIALLY outside of the US, I don't think Apple will suffer much of a hit at all coming from Europe. Their year over year sales are actually increasing in the Euro Zone regardless of what has taken place there recently. If you do indeed notice this correlation, then buy now, because if investors worry about Apple the same as they worry about Europe they are making a huge mistake and you as a result; get to buy the stock with a discount. A large discount

  • Report this Comment On June 11, 2012, at 10:55 PM, Tsharp1947 wrote:

    The July report on Quarter #3 will tell the tale. If it isn't close to a blow out, look out below. The fickle stock-buying public wants bells and whistles every quarter and there are not many coming until Fall.

  • Report this Comment On June 11, 2012, at 11:45 PM, suntannedmonk wrote:

    Apple DID update the mac pro. They Just didn't mention it in the keynote.

  • Report this Comment On June 12, 2012, at 6:47 AM, 48ozhalfgallons wrote:

    Ho Hum

  • Report this Comment On June 12, 2012, at 8:02 AM, dwilh51183 wrote:

    Are you people forgetting that AAPL is buying back 10 billion dollars worth of their stock along with the coolest phones and iPads , plus they are really close to signing up China mobile and their 250 million customers... Which means AAPL will probably only sign up 75 million new iPhone contracts this year....but that's a ton of cash. Add the great dividend and 150 billion in cash and by Xmas 250 billion in cash , and you can see why AAPL will be at $900.00 a share by Xmas so BUY AAPL NOW!!

  • Report this Comment On June 12, 2012, at 10:48 AM, gilsh wrote:


    fact is there were no big news. iPhone5 is just more of the same. good enough to keep Apple on the same profitable course. Not good enough to bring it back to smart phone vendor #1. This position is now Samsung's and following Apple's no-news conference, it seems like Samsung can be relaxed.


    no prudent person should purchase new stocks before the elections on greece this sunday (17/6). if the wrong parties win it, the EU will start breaking up, and despite this might be for the best in the long term, in the short term, it is anyone's guess as to how the markets will react for several weeks.

    and last comment, in general:

    the big question remains: when is Apple going to come out with its TV-product. this is the next game changer, and if they are able to come up with something advanced enough to give them a moat of 2-3 years, as they had with all three leading products (iPod, iPhone, iPad), talking about 1000$ stock price is defnitely not irrational.

  • Report this Comment On June 12, 2012, at 8:58 PM, in128770 wrote:

    Michal777 wrote above his strategy is to track the "smart money" movement.

    Where do you see where the "smart money" is going?

    Thanks in advance anyone.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1909362, ~/Articles/ArticleHandler.aspx, 10/25/2016 7:02:19 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,169.27 -53.76 -0.30%
S&P 500 2,143.16 -8.17 -0.38%
NASD 5,283.40 -26.43 -0.50%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/25/2016 4:00 PM
AAPL $118.25 Up +0.60 +0.51%
Apple CAPS Rating: ****
FB $132.29 Down -0.99 -0.74%
Facebook CAPS Rating: ***
GOOGL $828.55 Down -7.19 -0.86%
Alphabet (A shares… CAPS Rating: *****
INTC $35.10 Down -0.16 -0.45%
Intel CAPS Rating: ****
NVDA $71.87 Up +1.16 +1.64%
Nvidia CAPS Rating: ****