June 10, 2013 |
Ahead of Apple's keynote at 10 a.m., a who's who of Apple executives are standing around waiting for the show to commence. Among them are CEO Tim Cook, design chief Jony Ive and even former vice president and Apple board member Al Gore. Times reporter Chris O'Brien is on location and has been recording his experience using Vine, Twitter's new six-second video-sharing app. Check out the sights he's seen below. WWDC 2013: Follow our live coverage of Apple's keynote ALSO: What kind of cat will the new version of Apple's Mac OS X be?
September 12, 2012 |
Apple's stock barely budged after the technology giant unveiled the iPhone 5, which it bills as the world's thinnest smartphone. Investors seemed to shrug off the announcement -- but that's not entirely shocking. Apple shares have, on average, fallen 1.4% the day the company launched all of the previous incarnations of the iPhone, according to Morgan Stanley. PHOTOS: Apple iPhone 5 The investment bank said the week after Apple announcements haven't been all that hot either.
March 4, 2013 |
Apple's stock price continued its fall Monday, dragging the company's market value below $400 billion for the first time since January 2012. In midday trading, Apple's stock was down $7.52, or 1.75%, to $422.95. That put its market capitalization at $397.54 billion. It also cost Apple the title of "world's most valuable company," losing it to Exxon Mobil Corp., which had a value of $ 399.69 billion in midday trading. QUIZ: Test your Apple knowledge Apple is on the verge of crashing through another low. On Jan. 24, 2012, Apple's stock closed at $420.41 per share, just before the company reported blowout earnings that sent its stock soaring to $ 446.66. That momentum carried the stock through the year, on its way to peaking at $702.10 in September.
October 8, 2012 |
Apple has addressed the purple flares and streaks that show up on some iPhone 5 pictures, but its solution for the problem is quite disappointing. On a support page on the Apple website, the Cupertino tech company said this is an issue that affects most small cameras, including past iPhones. "This can happen when a light source is positioned at an angle (usually just outside the field of view) so that it causes a reflection off the surfaces inside the camera module and onto the camera sensor," Apple said . The purple streaks are not something that users have complained about on past iPhones and when The Times tested the iPhone 5 compared with an iPhone 4 camera, the issue only seemed to occur with the newer model.
September 29, 2012 |
As worldwide attention focuses on Apple's problem-riddled Maps app, another Apple miscue is about to be quietly put to rest. This month, Apple's iTunes music social network -- Ping -- began displaying a sign notifying users that the network was no longer accepting new users and will shut down Sunday. Ping's closing comes as little surprise. Apple plans to update iTunes next month and will integrate it with Facebook and Twitter, letting users "Like" and share songs, apps and other pieces of content.
January 19, 2011 |
Apple found a way to divert attention from Chief Executive Steve Jobs' health Tuesday ? a blowout $6 billion in profit. A day after Jobs stunned investors and employees alike by announcing he was taking medical leave for the third time in seven years, Apple Inc. crushed analysts' estimates with record first-quarter revenue and earnings. The company's stock rallied on the report, buoyed by impressive sales of iPhones, iPads and a pipeline of consumer gadgets. Shares fell a less-than-anticipated 2.2% to $340.
October 31, 2012 |
The latest version of Apple's music player, iTunes 11, which was expected this month, won't be available until the end of November, the company said. The update is to add several features, change some portions of iTunes' design and, most important, better integrate it with iCloud, the Cupertino-based company's cloud-computing service. But Apple failed to meet its late-October deadline for the update, telling CNET this week that it hopes to release iTunes 11 next month. "The new iTunes is taking longer than expected, and we wanted to take a little extra time to get it right," Apple spokesman Tom Neumayr told CNET . "We look forward to releasing this new version of iTunes with its dramatically simpler and cleaner interface, and seamless integration with iCloud, before the end of November.
February 21, 2013 |
A hiring freeze at Foxconn, Apple's biggest supplier, has caused the Cupertino tech giant's stock price to drop since Wednesday, when news of the freeze broke. According to both the Financial Times and Bloomberg , Foxconn won't hire any more employees until the end of March. But there's some confusion as to why that is. Citing unnamed sources, the Financial Times report says a drop in demand for the iPhone 5 is behind the hiring freeze. QUIZ: Test your Apple knowledge "Foxconn's demand for workers this year was as low as that in 2009," a source in the report said.
December 5, 2012 |
You know things have gotten bad for Apple Inc.'s battered stock price when analysts start pointing to something called a "death cross" as the best hope for salvation. Before I explain just what the morbid-sounding term means, let's review the carnage from Wednesday's trading. Apple's shares fell 6.4% on Wednesday, tumbling $37.05 to close at $538.79. On a percentage basis, that's the largest one-day drop in four years. If you're keeping score at home, Apple just lost $34.9 billion in market cap. In one day. In case that didn't make your jaw hit the floor, consider this: Apple lost more market cap Wednesday than either Hewlett-Packard Co.
February 5, 2013 |
We would be remiss in our coverage of the Dell deal today if we did not point out some of the delicious ironies and coincidences contained therein. Let us flash back first to 1997. It's Aug. 6, at the Macworld conference in Boston. Apple's interim chief executive, Steve Jobs, takes the stage to make a stunning announcement . Rival Microsoft has thrown Apple a lifeline by agreeing to invest $150 million to keep the company afloat. As the announcement is made, a gigantic image of Microsoft CEO Bill Gates appears on a video screen behind Jobs, as the audience gasps. QUIZ: Test your Apple knowledge "We have to let go of a few notions here," Jobs said that day. "We have to let go of the notion that for Apple to win, Microsoft needs to lose.