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October 21, 2013 | By Salvador Rodriguez
Apple is slated to hold its latest media event in San Francisco on Tuesday, but what exactly will the tech giant announce? Plenty, it turns out. Reports say the Cupertino, Calif.-based tech giant plans to follow its September iPhone event with a showcase of new products, primarily starring new iPads. GUIDE: Where to sell old iPads before new ones are announced Here's what you can expect from Apple, as well as one product you shouldn't hold your breath for. Redesigned iPad Apple is expected to announce the fifth generation of its 9.7-inch-screen iPad.
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BUSINESS
March 7, 2012 | By Nathan Olivarez-Giles
The Apple iPad rumor mill is an unyielding beast, spawning new speculation even mere hours before  product unveils, and the iPad 3, which is expected to debut Wednesday at 10 a.m., is no different. The absolute latest such rumor is that Apple's next iPad will be offered with a $99 warranty called AppleCare+ that will cover any damage, including something as simple as dropping your iPad and cracking the glass display on the face of the device. If AppleCare+ , which made its debut with the iPhone 4S last fall, is offered for the next iPad, it would be a step up from the two-year repair service warranty currently offered for $79 under the standard AppleCare warranty that doesn't cover such painfully damaging mistakes.
BUSINESS
March 22, 2013 | Michael Hiltzik
For those of us not directly invested in Apple, the stock's trajectory over the last six months has been a thrill ride to rival anything you'll find at Magic Mountain. Since hitting an all-time peak of $705 in mid-September, the shares have been on a long slide, reaching $419 before recovering a bit to almost $462 last week. At the peak, learned Wall Street analysts were speculating about how high Apple could go and whether the sky really was the limit; at the current trough, they're all but proclaiming the end of the Apple era. Here are the questions on everyone's lips: Who's right?
BUSINESS
January 17, 2013 | By Salvador Rodriguez
Amazon.com has launched a mobile version of its MP3 store for the iPhone and iPod Touch, giving users a way to buy songs from the online retailer with their devices. The new store is a Web app, meaning Apple device users can access it using the Safari browser. By building a Web app rather than an app users have to download from the Apple App Store, Amazon doesn't have to give Apple the typical 30% cut developers pay the Cupertino company when someone buys their app or something within their app. Now iPhone and iPod Touch users "can access Amazon's huge catalog of music, features like personalized recommendations, deals like albums for $5, songs for $0.69, and they can buy their music once and use it everywhere,” said Steve Boom, vice president of Amazon Music, in a statement . PHOTOS: Tech we want to see in 2013 The store, at amazon.com/mp3 , has a catalog of 22 million songs, the company says.
BUSINESS
October 8, 2012 | By Salvador Rodriguez
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.
BUSINESS
June 10, 2013 | By Salvador Rodriguez
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?
BUSINESS
September 12, 2012 | By Joe Bel Bruno
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.
BUSINESS
March 4, 2013 | By Chris O'Brien
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.
BUSINESS
January 19, 2011 | By Jessica Guynn and Tiffany Hsu, Los Angeles Times
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.
BUSINESS
January 24, 2013 | By Andrew Tangel
As Apple's luster dims on Wall Street, the tech giant's stock is becoming cheaper and cheaper. By at least one measure, Apple's stock is becoming a bargain. Its price-to-earnings ratio, a shorthand measure of value for stocks, has fallen well below the average of the broad Standard & Poor's 500 index. “The P/E is extremely low,” said Howard Silverblatt, senior index analyst for S&P Dow Jones Indices. As Apple's stock falls 10%, to $461.46, in early trading following Wednesday's disappointing earnings report, its P/E ratio -- based on the previous 12 months of earnings -- is down to 10.5.
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