Apple Inc.

Items of news from Apple, Inc.

Feb 16 2012

AAPL: Apple Shares Drop Like a Rock After Reaching Record Highs

After multiple days of reaching record highs, Apple Inc. (AAPL) shares have plummeted back nearly 35 points from the high of $526.29 USD per share mark it reached mid-day yesterday.  The shares are currently trading at $492.20 USD per share or down $5.47 from yesterdays close.   While no major factors are driving the fall out side of profit taking, this could be a bit of a I told you so moment for the one analyst on wall street who has Apple as a sell, Edward Zabitsky.  However, he is a lone voice at this point with most analysts having the stock as a strong buy.

By • Apple Inc., Stock Price • 0 • Tags: , ,

Feb 16 2012

Apple Unveils Mac OS X Mountain Lion Preview

Apple Inc. is giving users a bit of an advanced look at what the next version of Mac OS X will look like.  The Mac OS X Mountain Lion Website gives a few hints and also allows members of the developers program to download beta versions of the OS.  The Developers Program login requires membership in Apple’s Developers Program, a paid service of Apple Inc.

The latest version of the Mac OS X Family will include a closer integration of communications between apps and machines and promises to work much more like the iPad in respect to the flow of the programs.  iCloud is an integral part of Apple’s plans with Mac OS X Mountain Lion, currently listed as Mac OS X 10.8.

The release of the Messages App today is another way Apple is enticing users to get on board with the app prior to it’s release sometime later this summer, likely in time for the annual developers conference in Muscone Center.

http://www.apple.com/macosx/mountain-lion/

By • Apple Computing, Apple Inc., Mac OS X Mountain Lion, Macintosh, New Product, OS X, Software, Updates • 0 • Tags: , , ,

Feb 16 2012

A Public Sneak Peek At Messages from Mac OS X Mountain Lion

While the preparations for Apple’s next major OS upgrade have gone on quietly for some time now, the way Apple is treating its latest addition to the Apps of Mac OS X is anything but quiet.   Messages is Apple’s new app which allows users to “send messages to any Macintosh, iPad, iPhone, or iPod Touch.” The app almost looks like something of a twitter clone, with some distinct differences.  Messages replaces your iVhat client and it allows you to make FaceTime calls from within the app.

The beta is the first public item Apple has released from its upcoming Mac OS X Mountain Lion release and it is available today at:

http://www.apple.com/macosx/mountain-lion/messages-beta/

By • Apple Computing, Apple Inc., Apps, Communications, iPad, iPhone, iTouch, Macintosh, New Product, Software • 0 • Tags: , , , ,

Feb 15 2012

AAPL: Apple Shares Once Again Defying Gravity

Apple Inc (AAPL) Shares are up over $9 USD per share in this morning’s trading session.  News out of China that the Proview requested iPad ban has been refused by Chinese Customs Authorities on account that such a ban would be difficult to enforce due to the popularity of the iPad among Chinese consumers is the likely driving factor in the stratospheric rise in share price with the shares reaching $519.41 USD Per Share or $9.95 USD per share above yesterdays close (10:00am EST).

By • Apple Inc., China, Global Markets, Stock Price • 0 • Tags: , , ,

Feb 13 2012

Proview Attempting To Get Chinese Customs to Block Import and Export of iPads

Proview, the holder of the iPad name in China is attempting to get Chinese Customs to block all imports of iPads as well as Exports.  If they are successful in their quest, they could prevent Apple from receiving their products globally. Due to the fact that Foxconn, the manufacturer of the iPad is based in mainland China, this could be disastrous for Apple.

While the iPad name ownership case is still ongoing in China, Apple originally bought the rights to the name from the Hong Kong based subsiduary of Proview, in turn suing Proview in China claiming to own the name.  Apple’s claim to the name was rejected outright by the Shenzen Intermediate Peoples Court in November 2011.   Proview won the case at that time and in recent days has stepped up enforcement of this within China and stores have been reporting seizure of iPads from their stores.

Proview is also claiming damages totalling some 1.6 Billion USD, however, that total amount has not been decided completely and could actually be more.

Source: Businessweek

By • Apple Inc., China, Global Markets, Lawsuits • 0 • Tags: , , , ,

Feb 13 2012

New iPhone5 Beta Test Scam Hits Cell Phones

A user on the Apple Support Community, xUSR, reported that he received the following message today on his cell phone: “Apple needs iPhone5 testers:The first 1000 users who visit http://celltestnkeep.com and enter code 1000 will get to test & keep the new iPhone5.“  The message came from a phone number at 703.609.7910.  Obviously a scam, the user reported it to AT&T, however, he was told by them to contact Apple Inc.

Users should remember that Apple does not “Beta Test” anything in a public manner and certainly does not send unsolicited emails calling form “Beta Testers”.  If you do receive such an email, your best bet is to just delete the email.  Definitely do not reply to it as it is an attempt by scammers to garner information from you.  This type of email is prevalent anytime there is a new product being released by Apple and can come through the phone, Facebook, Twitter, or any other social medium including your personal email.

By • Apple Inc., Scams • 0 • Tags: , , ,

Feb 13 2012

Tim Cook to Speak at Goldman Sachs Technology and Internet Conference

Apple Inc. (AAPL) CEO, Tim Cook will speak at the Goldman Sach’s (GS) Technology and Internet Conference tomorrow at 12:30 PM Pacific Time.  The Apple Investor Relations page has a direct link for the audio portion of the speech.  Tim will be among a host of CEO’s and IT industry companies speaking at the conference about the future and direction of their companies.

Many people are expecting he will be announcing the upcoming Apple iPad 3 event but his focus may be on the cash hoard that Apple is sitting on and how Apple Inc. plans to use that cash.   If you would like to hear the speech, you can follow along at:

http://www.apple.com/quicktime/conference/

By • Apple Inc., CEO, Tim Cook • 0 • Tags: , , , , ,

Feb 13 2012

AAPL: Apple Shares Push Through $500 USD Mark

Apple Inc (AAPL) shares pushed through the $500 USD per share price mark early in trading today.  While the up tick did not last, it was a major mile stone for the stock which is projected to go to at least $550 to $580 USD per share range by a number of analysts on wall street.  The stock traded most of the morning in the $498 and $499 USD per share range after pulling back from the $500 mark.   After the noon hour, the shares once again pushed back through the $500 a share mark, closing the day at $502.60 USD per share for the day.  After hours trading pushed the shares even higher to the $505.88 USD per share mark.

Several rumors are pushing the stock right now including the iPad 3 which is supposedly being announced March 7 as well as a supposed dividend being paid to share holders.  neither rumor has been confirmed, yet many media outlets are picking up on them and pushing the story.

By • Apple Inc., Rumors, Stock Price • 0 • Tags: , , , , , ,

Feb 13 2012

Apple Offers Japanese Students 10,000 Yen Card in Mac App Store with Purchase of Mac

Apple Japan is trying to get the students on board as they get ready to start school in April.  Japan is one of the few countries where the students start school in April instead of September.   From 14 February until 22 May, students and educators can get a Mac App Store card with the purchase of a machine.  The card with a face value of ¥10,000 JPY is in addition to the normal academic discount.  According to Apple’s website, it is open to school kids of all grades 1-12, university students, staff and PTA Staff.

For more information about the discount, go to:

http://store.apple.com/jp/browse/campaigns/back_to_school?cid=CDM-JP-DM-P0011769-CONS&cp=em-P0011769-186506&sr=em

(Japanese Webpage)

By • Apple Inc., Education, Global Markets, Japan • 0 • Tags: , , , ,

Feb 13 2012

AAPL: Stock price soars to $499.20 in Pre-Market

Apple Inc (AAPL) has jumped to a sky high price of $499.20 USD per share in pre-market trading this morning.   While many analysts posted expected price per share of $550-$580 USD per share after profits were announced, the price was a bit slow in getting there until last week.  The stock had been trading in the $455-460 range the week before and then suddenly jumped to a high of $497.62 befor closing on Friday at $493.42 USD per share.

 

By • Apple Inc., Stock Price • 0 • Tags: , ,

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