Beleaguered Samsung Electronics, peddler of pretend iPhones, reported a disastrous 96% plunge in second-quarter operating profit on Friday as the South Korean dishwasher maker estimated its operating profit fell to 600 billion won ($459 million) in April to June, from 14.1 trillion won a year earlier in a brief preliminary earnings statement. Samsung’s Vice Chairman Lee Jae-yong was sentenced to 2.5 years in prison for bribery in January 2021 Reuters: It would be Samsung’s lowest profit for any quarter since a 590 billion won profit in the first quarter of 2009, according to company data. Shares in Samsung fell 1.4% in early morning trade, underperforming a 0.6% drop in the wider market. Samsung is due to release detailed earnings on…

Apple today adjusted its estimated trade-in values for select iPhone, iPad, Mac, Apple Watch, and Android smartphone models in the United States, with some devices slightly increasing in value and others seeing decreases. Trade-in values increased by $10 or $20 for many newer devices, including the iPhone 13 and iPhone 13 Pro Max, and the latest iPad Pro, iPad mini, MacBook Pro, and MacBook Air models. Apple Watch SE values rose by up to $10, while Apple Watch Series 6, Apple Watch Series 5, and 12-inch MacBook values increased by up to $5. Some older Apple devices saw their trade-in values decrease by up to $10, such as the iPhone X, iPhone 8, and iPhone 8 Plus, while Android smartphone…

Popular third-party Reddit app Apollo was updated today with an option for users to decline a refund for their remaining subscription time ahead of the app shutting down. Users who do not exercise this option will automatically receive a pro-rated refund. "If you've been happy with the service I've provided over the years, please consider declining the refund as they are refunded out-of-pocket," said Apollo developer Christian Selig, who previously estimated that the refunds could cost him around $250,000. "It's been the pleasure of a lifetime building Apollo for you over the last nine years. I thank you so much for your kindness, input, and generosity over the years." Starting on July 1, Reddit plans to begin charging for its…

Apple’s upcoming Vision Pro headset will feature a new augmented reality (AR) version of the Visual Lookup feature found in iPhones and iPads. This feature, dubbed “Visual Search,” will allow wearers to get information about various items by simply looking at them. Apple Vision Pro features a pair of advanced, custom micro‑OLED displays deliver more pixels than a 4K TV to each eye — for stunning clarity. The feature was discovered this week by MacRumors contributor Steve Moser, who inspected code within the Xcode beta of visionOS, Apple’s AR and reality operating system that will power the Vision Pro headset. Moser found references to Visual Search in the code, which suggests that the feature is still under development. Visual Search…

Macworld The iPhone 15 Pro this year is going to be powered by the new A17 system-on-chip, which should be the first large-scale consumer chip in the world to be made on a 3nm N3B manufacturing process. That means a lot more logic and cache in the same size chip, and better power efficiency at the same performance level as current 5nm iPhone chips. We expect big things from the A17. A new rumor from a Weibo user proclaiming to be an experienced integrated circuits developer suggests that Apple is going to switch production of the A17 at some time next year from TSMC’s N3B process to the upcoming N3E process. The N5E process is estimated to have better costs…

Today we're tracking a series of discounts on both Apple's previous and current generation MacBook Pro, offered by B&H Photo and Amazon. You'll find the M1 models from 2021 at B&H Photo, while the newest M2 computers are on sale at both retailers in most cases. M1 MacBook Pro Starting with the M1 Max notebooks, B&H Photo is offering steep discounts on a pair of high-end configurations. You can get a 14-inch M1 Max MacBook Pro (32-core GPU, 64GB RAM, 2TB SSD) for $2,499.00, down from its original price of $4,099.00. It's only available in Space Gray at this price. Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase,…