The lull before the storm (tomorrow's Apple earnings call) resulted in a shorter than usual podcast today:
- Two more cities now have transit directions/schedules in Apple Maps
- As expected, Verizon will be purchasing Yahoo for $4.8 billion
- Apple's earnings call happens at 5 PM ET tomorrow
The text version of the podcast can be read below. To listen to the podcast here, click the play button on the player below.
Hi, this is Steve Sande for Apple World Today, and this is the AWT News Update for July 25, 2016.
Another two cities have had transit information added to Apple Maps for iOS and OS X. Residents and visitors to Vancouver, British Columbia and San Diego, California will now find that they can plan trips using the transit systems in both of those cities. And speaking of Maps, that other Maps app — Google Maps — is starting to roll out a new Wi-Fi Only feature for those who don’t want to burn up a lot of their data plans. That feature is only available to a relative handful of users at this time, and works by turning Google Maps off in areas where there is not a Wi-Fi connection. Cached maps and directions will still be usable under the new setting.
You’ve probably already heard this — basically from our podcasts last week — but it’s official now. Verizon is going to buy Yahoo’s operating business for $4.83 billion. That will give Verizon over one billion monthly search users and over two dozen media and advertising brands that will be added to the AOL network. Verizon also gets Yahoo’s email service, with 225 million monthly active users. It’s unknown if or how the deal will affect Apple. Yahoo is one of the search providers offered in both OS X and iOS, and the company provides the data used in Apple’s Stocks app on iOS. Verizon is one of the world’s largest iPhone carriers, so this could result in more deals between the two companies after the deal is finalized in early 2017.
Tomorrow at 5 PM ET, Apple will release its earnings report during the quarterly earnings call. Wall Street analysts expect the call to be somewhat of a yawner, with no announcements that would make the stock price either rise (it usually doesn’t) or fall (it usually does) by a huge amount. We’ll give you the numbers and a bit of analysis regarding the earnings and next quarter’s outlook tomorrow afternoon.
That’s all for today; We’ll be back tomorrow afternoon with another edition of the AWT News Update.