Apple 7-For-1 Stock Split

Apple announces exotic 7-for-1 stock split, ups share buybacks to $90 billion

By about 11 hours ago.

Apple announces exotic 7-for-1 stock split, ups share buybacks to $90 billion

The market is about to get flooded with extra Apple shares. Apple on Wednesday announced a seven-for-one stock split, which means that shareholders will receive six additional shares of Apple stock for every share they now own. The split will go into effect on June 2nd this year. The company also said it would be upping its share buyback program to $90 billion. Both of these announcements came as part of Apple’s latest quarterly earnings report where it posted an EPS of $11.62 on revenue of $45.6 billion. Apple shares surged by more than 8% in after-hours trading following the announcements.

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Breaking
Apple Earnings Q2 2014

Apple posts Q2 results: Profit crushes estimates, revenue climbs despite lack of new launches

Apple posts Q2 results: Profit crushes estimates, revenue climbs despite lack of new launches

By about 11 hours ago.

Earnings season is now in full swing and as always, Apple’s are the most hotly anticipated results in the technology sector. This time around, however, it’s not because industry watchers want to see how impressive the company’s most recent quarter was, but because the world wants to see how Apple is doing after not having released a notable new product since this past November. Last year, CEO Tim Cook promised new launches in “exciting new product categories” across 2014, and he will undoubtedly promise exciting new products again on Wednesday’s earnings call. But so far, we’ve seen exactly nothing new or exciting from Apple in 2014.

Were last year’s iPhone 5s, iPad Air and Retina iPad mini launches enough to carry Apple in the March quarter? The numbers are now in and we can finally answer that question. More →

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Apple iOS 7.1.1 Bug Fixes

Apple slammed for buggy iOS 7.1 release that left users vulnerable to major hacks for weeks

By on April 23, 2014 at 3:02 PM.

Apple slammed for buggy iOS 7.1 release that left users vulnerable to major hacks for weeks

We know that Apple released iOS 7.1.1 earlier this week to fix a wide range of bugs and it turns out those bugs might be much more serious than we realized. Ars Technica reports that Kristin Paget, a former Apple whitehat hacker who now works for Tesla, has been ripping into her former employer for allegedly leaving its users wide open to some potentially serious hacks in the weeks between the releases of iOS 7.1 and iOS 7.1.1. More →

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iPhone 6 Release Date

More signs point to iPhone 6 launch coming earlier than expected

By on April 23, 2014 at 12:35 PM.

More signs point to iPhone 6 launch coming earlier than expected

After a recent report from an analyst said that at least one iPhone 6 version will launch in the third quarter of the year, more evidence seems to suggests Apple’s 2014 iPhones could be released earlier than expected. Reports from The China Post and Taipei Times have revealed that Taiwan’s Catcher Technology will be supplying metal casings for the iPhone 6. Morgan Stanley analyst Grace Chen wrote in a research note that Catcher will ship 10.5 million iPhone 6 casings this year, or 15% of the overall iPhone 6 orders. More →

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100GB iDrive Cloud for iPhone and iPad

iPhone users can now get 100GB of cloud storage for $1 per year

By on April 23, 2014 at 11:45 AM.

iPhone users can now get 100GB of cloud storage for $1 per year

After offering Android users 100GB of combined backup and sync cloud storage for just $0.99 per year, iDrive on Wednesday announced that it’s bringing the same offer to iOS device users. The company will offer iPhone and iPad users 50GB of cloud for data backup purposes and 50GB for syncing, thus matching its offer for Android devices. More →

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Galaxy S5 Vs iPhone

New data suggests Galaxy S5 stole a surprising amount of business away from Apple

By on April 23, 2014 at 10:55 AM.

New data suggests Galaxy S5 stole a surprising amount of business away from Apple

Earlier this week, we shared data from used gadget trade-in site Gazelle that showed iPhone users, for the most part, appeared to be largely uninterested in switching to Samsung’s latest flagship smartphone, the Galaxy S5. But as it turns out, a similar and perhaps more comprehensive study from a different trade-in service paints a very different picture. More →

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iPhone 6 Photos

This is the perfect iPhone 6

This is the perfect iPhone 6

By on April 23, 2014 at 10:11 AM.

Despite all the supposed leaks and rumors, we still have absolutely no idea what Apple’s next-generation iPhone 6 will look like. Yes, we have read reports from a number of solid sources that appear to all paint a similar picture. We have also seen schematics and case molds leak that could be the real deal. Until we see the finished product unveiled on stage this fall, however, nothing is certain. More →

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iPhone 5s vs Galaxy S5 Heart Rate Sensor

Video: Apple subtly trolls Samsung’s Galaxy S5 in new iPhone 5s ad

By on April 23, 2014 at 9:40 AM.

Video: Apple subtly trolls Samsung’s Galaxy S5 in new iPhone 5s ad

Apple has released a new iPhone 5s TV ad that it shows the various things the iPhone can help with during the day. It also pitches the device as a tool ready to help out with content creation of any sort. During the short 90-second commercial, Apple shows off various apps on the iPhone 5s, including one that can help users measure their heart rates by using the main camera. Without actually taking any hits at Samsung, which just launched the Galaxy S5 with a dedicated heart rate sensor on the back, Apple is subtly suggesting that its latest iPhone model doesn’t need an extra piece of hardware to do what the brand new Galaxy S5 can do. More →

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2014 Apple vs Samsung Lawsuit Google

Google joins Samsung in the fight against Apple

By on April 23, 2014 at 7:40 AM.

Google joins Samsung in the fight against Apple

Google isn’t just helping Samsung by providing witnesses to help the South Korean corporation defend against Apple’s patent claims in their second U.S. trial; the company will also pay a share of Samsung’s legal costs and will share damages in case Apple wins, Re/code reports. More →

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iWatch Apple's Smartwatch Commercial Name

Yes, it looks like the Apple smartwatch will be called the ‘iWatch’

By on April 22, 2014 at 7:15 PM.

Yes, it looks like the Apple smartwatch will be called the ‘iWatch’

Now that Apple has been seen further extending its company trademark to cover Class 14 devices including watches, a new piece of evidence seems to indicate that there’s apparently little doubt as to what Apple’s smartwatch will be called. French publication Consomac has discovered that Apple has quietly applied for “iWatch” trademarks in many markets around the world, including the U.S., by using a discrete dummy company called Brightflash. More →

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Apple Recycling Program

New Apple recycling program will pay you for your old gadgets

By on April 22, 2014 at 6:00 PM.

New Apple recycling program will pay you for your old gadgets

Apple cares about the environment and it really, really wants the world to know it. The company is making its renewed efforts to be more environmentally conscious known and in the process, Apple launched a new website and a used gadget recycling program. More →

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iOS 7.1.1 Download

Apple releases iOS 7.1.1 update for iPhone, iPad and iPod touch

By on April 22, 2014 at 12:57 PM.

Apple releases iOS 7.1.1 update for iPhone, iPad and iPod touch

Apple on Tuesday issued a new update for its wildly popular mobile operating system. iOS 7.1.1, which is available immediately over the air (OTA) and should show up soon as a download through iTunes, is a minor update with bug fixes that follows Apple’s last major release, iOS 7.1. The update is compatible with the iPhone 5s, iPhone 5c, iPhone 5, iPhone 4s and iPhone 4, as well as recent iPad and iPod touch models. Apple’s brief change log for the iOS 7.1.1 update follows below. More →

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