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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.
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BUSINESS
September 20, 2012 | By Salvador Rodriguez
One of the great new features on iOS 6 and the iPhone 5 is a new app called Passbook, but for a lot of people who updated their devices with the new operating system, the app simply won't work. In theory, Passbook will let you keep digital passes in one location. When you open the app, you get a screen saying you can use Passbook to store digital copies of flight boarding passes, event tickets and coupons. Target on Thursday announced it would support mobile coupons on Passbook.
NEWS
December 20, 2012
Yoshie Tachiki of Los Angeles wrote to the SoCal Garden Clinic to ask: We have a Fuji apple tree that has a white, cotton-like substance on the limbs. Is it a fungus? What can we use to get rid of it? For an answer, we turned to Yvonne Savio, manager of the UC Cooperative Extension's Common Ground Garden Program for Los Angeles County. She oversees the training of master gardeners. Savio said: The cottony fuzz is from woolly apple aphids. Wash it off with a stiff spray from the hose, making sure to get into the crevasses to dislodge the bug. Do this early in the morning, so the sun can dry off the bark by sundown.
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
September 29, 2012 | By Salvador Rodriguez
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.
ENTERTAINMENT
June 10, 2013 | By Carolyn Kellogg
Apple will bring iBooks to laptops and desktops, it announced in the keynote of its Worldwide Developer Conference on Monday in San Francisco. Since the launch of the iBookstore in 2010, iBooks has only been available as an app. The complete iBooks marketplace, 1.8-million titles, will be available to users on Apple laptops and desktops using its OS X operating system. Any books that you have previously purchased will be available on your laptop or desktop, reports the Next Web. With the move, Apple makes a direct appeal to student users.
BUSINESS
October 31, 2012 | By Salvador Rodriguez
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.
BUSINESS
February 21, 2013 | By Salvador Rodriguez
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.
BUSINESS
February 5, 2013 | By Chris O'Brien
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.
BUSINESS
March 22, 2012 | By Deborah Netburn
Are you struggling with a multiremote system at home? Do you wish you could control your television, DVR and DVD player with one single remote that wouldn't be a pain to program? Do you think that remote should be your iPhone? Then get psyched: On Thursday Patently Apple turned up a patent filed by Apple that shows the company is hard at work designing the remote control of your dreams. Apple's patent, which the company filed in the third quarter of 2010, would allow you to take a picture of an existing piece of electronic equipment - your television for example, and send it to the iCloud, where Apple would determine the type of device you want to control as well as the make and the model of that device.
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