Less than two weeks after launch, iOS 7 adoption has already reached more than 60%. Prompt software updates have always been a key competitive strength for Apple (AAPL 0.38%), and the rollout of its latest major version of iOS is a testament to that. The company also said it now has 11 million users of its new iTunes Radio service. Incumbent music streamer Pandora (P +0.00%) potentially has the most to lose from iTunes Radio's rising popularity. Pandora now as a little over 72 million active listeners, so investors will want to see whether that figure comes under pressure.
There has also now been a leak suggesting Apple will bring Touch ID to the iPad Mini, along with the gold color option that made its debut in the iPhone 5s. Along with the possibility of a Retina Display, the second-generation iPad Mini could be quite a compelling upgrade that may boost sales over the holidays.
In today's episode of Tech Teardown, Erin Kennedy discusses two positive developments for Apple with Evan Niu, CFA, and Jamal Carnette.
