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BUSINESS
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
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
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
October 22, 2013 | By Salvador Rodriguez
The star of Apple's event was clearly the iPad Air. The tablet has a new look, but how different is it really compared to its predecessor, the fourth-generation iPad? Thanks to a lighter, thinner design, new and faster processing chip, and extra goodies Apple is throwing in, the new iPad Air is different enough that it will probably entice many to upgrade while fending off competition by Google, Samsung, Microsoft and others. PHOTOS: Apple announces new version of the iPad and iPad mini Here's how it breaks down: Price The iPad Air will go on sale Nov. 1 at the same price that the fourth-generation iPad was sold for. That means you can get a 16 GB Wi-Fi-only model for $499 or a 16 GB LTE model for $629.
NATIONAL
February 5, 2011 | By Andrew Zajac, Washington Bureau
Add diagnosing soft-tissue injuries to online banking, e-mail, video games and thousands of other applications available for the iPad, iPhone and iPod Touch. The Food and Drug Administration ushered in the era of mobile diagnostic radiology Friday, approving software for viewing images and making medical diagnoses from MRIs and CT, PET and SPECT scans on several of Apple Inc.'s popular hand-held devices. The FDA reviewed image quality and checked studies with radiologists under variable lighting conditions and determined that the Apple devices running Mobile MIM software offered clear enough images for diagnostic interpretation.
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
January 27, 2014 | By Chris O'Brien, This post has been updated with the latest developments.
Apple reported iPhone sales Monday that fell well short of analyst estimates as well as guidance for the next quarter that also was lower than expected, sending the stock falling more than 5% in after-hours trading.  Apple said it sold 51 million iPhones in the first quarter of its 2014 fiscal year, which ended Dec. 28. That was a new record, up from 47.8 million last holiday season. But sales fell short of analysts' expectations that the company would sell 55 million iPhones in the quarter.
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.
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