MacRumors

Thanks to a boost from supplying parts for the increasing demand of the iPhone 7 and iPhone 7 Plus, Taiwan Semiconductor Manufacturing Company has raised its forecast for 2016. Specifically, the manufacturer expects a revenue growth of between 11 and 12 percent, whereas it was previously holding out only for an increase of between 5 and 10 percent for the year (via Reuters).

Third quarter net profit jumped 28 percent from previous quarters to $3.1 billion, which came in above analyst predictions of an approximately $2.9 billion forecast for the July-September quarter. It also set a new quarterly record for the company in the net profit category, which previously sat at $2.5 billion.

Overall revenue for the quarter broke another record for the company, with revenue amounting to $8.1 billion in total, a 23 percent increase from the second quarter of 2016. In addition, the company recently said that revenue for the first nine months of 2016 jumped 7.1 percent to $21.6 billion, increasing 39 percent in September alone thanks to the launch of the iPhone 7. According to industry insiders and confirmed by teardowns of the handset, TSMC mainly supplies the iPhone 7 with its A10 chip.

TSMC's good fortunes have also been inversely related to Samsung's ongoing Galaxy Note 7 debacle, but executives at the Taiwan-based manufacturing company noted that it's "too early to tell how business will play out."

"Samsung is a very strong company," TSMC acting spokeswoman Elizabeth Sun, told reporters at a briefing after the company met analysts. "I think the issue today is that even they (Samsung) cannot say what has caused this, so this makes everyone nervous."

Looking at the fourth quarter, TSMC predicts revenue to remain steady at around $8 billion, but the company forecasted its results just under the $8.1 billion third quarter earnings. The numbers for the rest of 2016 didn't factor in the potential for increased profit from users displaced because of Samsung's scrapping of the Note 7.

"The previously anticipated inventory reduction at the end of Q4 will be mild," co-CEO Liu said during the earnings briefing. "The end of this year will be more peaceful than in previous years. We see end-market demand is still healthy."

While still not quite as popular as last year's model, shipments of iPhone 7 units are expected to reach 80 to 84 million units in the second half of this year, compared to 85 to 90 million iPhone 6s devices shipped in the latter half of 2015. Samsung's exploding Note 7 battery problem is believed to be a catalyst to a potential boost in iPhone sales, with a recent SurveyMonkey poll finding that 26 percent of Note 7 owners plan to use their refunds to switch to Apple's flagship phone.

Samsung is offering $100 bill credit to U.S. customers caught up in its ill-fated Galaxy Note 7 recall if they're willing to stay loyal to the brand (via TechCrunch).

Samsung discontinued the Note 7 earlier this week after handsets deemed safe by the company began setting on fire just like the handsets they replaced. Samsung is now offering those who choose to exchange the phone for any other Samsung device up to $100 credit as a goodwill gesture.

Those who opt to exchange the Note 7 for a full refund or for another brand of smartphone are being offered a smaller $25 credit for the hassle. Currently the goodwill credit appears to be limited to U.S customers.

Commenting in a statement on the U.S. refund and exchange program, Tim Baxter, president and COO of Samsung Electronics America, said: "We appreciate the patience of our consumers, carrier and retail partners for carrying the burden during these challenging times. We are committed to doing everything we can to make this right."

According to a report by The New York Times, Samsung still doesn't know exactly why Note 7 smartphones have been catching fire. The company was apparently unable to replicate the problem at their labs and have so far been unable to identify the exact cause of the issue.

Samsung's recall of the devices was made official today via the U.S. Consumer Product Safety Commission, citing "serious fire and burn hazards" to consumers. According to the statement, Samsung has received 96 reports of batteries overheating in the U.S., including 23 new reports since the September 15 recall announcement. Samsung has also received 13 reports of burns and 47 reports of property damage associated with Note 7 phones.

Some reports predict the recall could cost the company $17 billion. Samsung has already issued a profit warning and slashed its Q3 estimate by a third, with $2.3 billion in lost operating profits, down nearly 30 per cent from a year earlier.

The U.S. Patent and Trademark Office published an invention today that suggests the next Apple Watch could identify its owner simply by checking their heart rate.

Apple's patent application is titled "User identification system based on plethysmography" and describes how a pulse oximeter is used to determine the biometric signature of a user's cardio rhythms. This data could then be used to identify the wearer and unlock the watch in a manner similar to Touch ID on the iPhone.

The system works similarly to existing monitors, by projecting light on the user's skin and measuring how much of it is absorbed and reflected back to the device. The measurement can then be used to determine the amount of blood present in the vasculature. According to the patent, the data gathered by the two photosensors is either stored or compared against previously saved information to positively identify the user.

In an associated patent also published today, the invention is extended to take in data from motion sensors like accelerometers and gyroscopes to determine user movement. Certain gestures, for example raising the device from waist height to head height, trigger the authentication process.

AppleInsider notes that the system could replace Touch ID during Apple Pay payments and further reduce the watch's reliance on iPhone, although it's unclear if heart rate data can be a unique enough identifier to ensure the same level of security.

Google has announced a few notable updates to its Photos app, with some new features powered by its machine-learning technology.

The app can now automatically generate animated GIFs from videos you upload to the service. Google says its technology looks for video segments that capture activity – "a jump into the pool, or even just an adorable smile" – and creates short animations that can then be easily shared over email or social media.

In addition, Photos now uses facial recognition to surface older pictures of people that appear in your most recent uploads, and can also serve up what it considers to be picture 'highlights' from each month – similar to Apple's Memories feature in its native Photos app.

Last but not least, Google Photos now detects sideways photos in your uploads and offers to rotate them in one batch, saving you from having to correct their orientation yourself one by one.

Google Photos is a free download for iPhone and iPad from the App Store. [Direct Link]

Several employees at the Carindale Apple Store in Brisbane, Australia were today fired for stealing personal photos from customers and taking pictures of customers and female staff as part of a lewd rating game, according to Australian news site The Courier Mail.

The behavior was discovered by at the Carindale Apple Store after an employee caught a technician looking through a customer's iPhone in the repair room.

In the biggest scandal to hit the technology giant in Australia, The Courier-Mail can reveal that more than 100 close-up and explicit photos were taken of female staff and customers without their knowledge and photographs were also lifted from some Apple customers' phones.

The victims' pictures were then shared with employees at other Queensland stores to receive a ranking out of 10.

Apple has reportedly brought in an HR executive from "overseas" to "manage the fallout," but has not yet let employees and customers know who was involved in the breach. Apple confirmed in a statement that the Carindale store is under investigation.

"Apple believes in treating everyone equally and with respect, and we do not ­tolerate behaviour that goes against our values," the statement read.

"We are investigating a ­violation of Apple's business conduct policy at our store in Carindale, where several employees have already been terminated as a result of our findings."

According to The Courier Mail, four male employees have been let go from the Carindale store as Apple continues to investigate the incident.

Update: On Thursday Apple released a statement, which reads: "Based on our investigation thus far, we have seen no evidence that customer data or photos were inappropriately transferred or that anyone was photographed by these former employees. We have met with our store team to let them know about the investigation and inform them about the steps Apple is taking to protect their privacy."

Note: Due to the political nature of the discussion regarding this topic, the discussion thread is located in our Politics, Religion, Social Issues forum. All forum members and site visitors are welcome to read and follow the thread, but posting is limited to forum members with at least 100 posts.

Apple today seeded the third beta of watchOS 3.1 to developers for testing purposes, just over one week after seeding the second beta and a month after releasing watchOS 3 to the public. watchOS 3.1 has been in testing since September 21.

watchOS 3.1 can be downloaded through the dedicated Apple Watch app on the iPhone by going to General --> Software Update. To install the update, the Apple Watch must have 50 percent battery, it must be placed on the charger, and it must be in range of the iPhone. watchOS 3.1 requires an iPhone running iOS 10 to install.

watchOS 3.1 appears to focus on bug fixes and under-the-hood performance improvements rather than outward-facing changes, as no new features were discovered in the first two betas. Should any changes be found in the third beta, we'll update this post.

watchOS 3 brings a new interface to the Apple Watch, with a dedicated App Dock and instant launch apps. There are new Activity sharing features, a "Breathe" app guides you through daily deep breathing sessions to cut down on stress, and there are new Reminders, Find My Friends, and Heart Rate apps.

Three new watch faces are included, and an SOS feature can automatically call emergency services. A revamped Messages app makes it easier to reply to incoming texts, plus there's a new "Scribble" feature for writing replies on the Apple Watch face with a finger. For more details on what's new in watchOS 3, make sure to check out our watchOS 3 roundup.

Online radio service Pandora today announced a rebranding of its iOS and Android apps, complete with a new logo that includes a "vibrant and bold color scheme" that the company says will showcase "the next phase of the product and the music experiences Pandora brings you." The app's icon has transitioned from a gray background with a navy blue "P" to an all-white background a lighter, bolder "P." It's also shifted from an uppercase to a lowercase font choice for "Pandora."

Music is a personal experience for everyone, from the artists creating it all the way to the fans listening to it. And as Pandora continues to evolve the most personal music experience, our new look embraces the dynamic range of sound and color, visualizing the energy and emotion that artists pour into the creation of music, and that we feel as listeners. Our dynamic brand is composed of form, color and pattern, which we implemented into the new P icon and serves as your portal into the unique and diverse range of music you love.

The rebranding comes ahead of Pandora's impending on-demand music listening service, which CEO Tim Westergren has confirmed will arrive "later this year." The service is believed to cost $9.99 and offer users the ability to listen to any song and musician they want, create playlists, and various other features, all putting it in the competitive music streaming category alongside Apple Music and Spotify.

Amazon today also entered the on-demand music streaming space with Music Unlimited, which grants users access to tens of millions of songs and costs $9.99 per month (or $7.99 for Amazon Prime subscribers). If users have an Amazon Echo, they can also subscribe to an Echo-only $3.99 streaming option.

For Pandora, the company mentioned that the rebranding will begin to rollout to iOS and Android users throughout today, "whether you listen to ad-supported Pandora or Pandora Plus." The new look will then make it to the desktop, web, and other devices "over the year."

Following confirmation that Samsung has discontinued the Galaxy Note 7 amid its well-publicized fire-catching problems, the company today gave the first indication of how much the move will cost it for the third quarter of 2016. In a report by Bloomberg, Samsung is said to have cut its third quarter operating profit by $2.3 billion and adjusted profit expectations from 7.8 trillion won ($6.9 billion) to 5.2 trillion won ($4.6 billion).

The company's projection "effectively erases all the mobile business profit that analysts had been projecting," with revenue expected to dive from 49 trillion won to 47 trillion won. On the wave of Samsung's woes, Apple shares reached a record high this year, but Samsung had yet to divulge its potential quarterly loss. Analyst Greg Roh said that Samsung's prediction accounts not only for defective units, but also "the inventories of Note 7s in the channel as well as the components they bought a few months back.”

“This is a huge cutback,” said Greg Roh, an analyst at HMC Investment Securities Co. “It means Samsung has reflected not only the sales loss from the shutdown but it also means it would bear the costs of the inventories of Note 7s in the channel as well as the components they bought a few months back.”

Samsung’s mobile division was projected to report operating income of 2.7 trillion won in the quarter, according to estimates compiled by Bloomberg. HMC’s Roh said the revised outlook probably erased that number. “We expected the mobile division to see about 2.6 trillion won previously but it will only see a mere 0.3 trillion won in the third quarter,” he said.

Samsung's manufacturing division -- which sees the output of semiconductors, glass panels, appliances, and other materials -- is expected to keep the company profitable for the quarter.

As the recall of Samsung Galaxy Note 7 phones continues, the company has begun delivering fireproof shipping boxes to customers affected by the exploding smartphone (via TechCrunch). In one video shared by XDA Developers, the contents of the box are revealed to include three smaller boxes within the larger packaging and a static shield to place the Note 7 in.