Last night Apple published financial results for the third quarter of its 2012 fiscal year.
Quarterly revenue hit $35.0 billion and net profit was $8.8 billion, up from $28.6 billion revenue and $7.3 billion profit in the same quarter last year.
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Mobile payment provider iZettle has completed a €25 million (£20.2 million) round of new funding led by Greylock Partners and Northzone, with MasterCard and SEB Private Equity investing as well. Previous investors Index Ventures and Creandum have also participated.
iZettle turns an iPhone or iPad into a credit card terminal using a mini chip-card reader and app.
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US-based mobile payment service Square, which enables payments to be taken via a plug-in card reader for mobile phones, says over two million individuals and businesses are now able to accept credit cards and debit cards using its app. A million people started using Square within a year of launch, with another million joining during the following six months.
The company currently processes over $6 billion in payments per year.
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Apple has used its Worldwide Developers Conference as an opportunity to preview the forthcoming version of its iPhone and iPad operating system.
iOS 6, which is now available as a beta version for iOS Developer Program members, will be launched officially this autumn. It contains more than 200 new features from iOS5, including a new Apple-designed map application, enhanced Siri voice recognition options and greater Facebook integration. In addition, a new built-in app called Passbook is designed to store electronic passes and tickets.
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We're taking a break from the current mobile industry news headlines this Diamond Jubilee week. In fact, we're celebrating our own anniversary because it's six years since we first started recording The Fonecast.
Listen to this week's podcast and we'll take you back to 2006, a year in which 'mobile music' meant ringtones, the Nokia N95 redefined 'smart' and we reported rumours of a new Apple 'iPod phone' being prepared by Foxconn.
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