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BUSINESS
March 4, 2014 | By Chris O'Brien
Apple's chief financial officer Peter Oppenheimer will retire at the end of September after 18 years at the company. "His guidance, leadership and expertise have been instrumental to Apple's success, not only as our CFO but also in many areas beyond finance, as he frequently took on additional activities to assist across the company. His contributions and integrity as our CFO create a new benchmark for public company CFOs," said Apple chief executive Tim Cook in a statement posted on the company's website . "Peter is also a dear friend I always knew I could count on. Although I am sad to see him leave, I am happy he is taking time for himself and his family.
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BUSINESS
March 4, 2014 | By Salvador Rodriguez
Roku has announced a new device for its lineup: the $49.99 Streaming Stick. The device is a small stick that users can plug into the back of their HD TVs through the HDMI port to stream video content from the Internet. The Streaming Stick must also connect to an electrical outlet or the USB port of a TV for power. "This new tiny player plugs discreetly into an HDMI port -- perfect for those beautiful wall-mounted TVs -- and packs the complete Roku streaming experience," Roku said in a blog Tuesday .  VIDEO: Unboxing the Quirky Spotter multipurpose sensor   The Streaming Stick comes with the same features as the $49.99 Roku 1 but is faster than that device and is also a lot smaller.
BUSINESS
March 3, 2014 | By Salvador Rodriguez
Apple on Monday announced that its automobile infotainment system, now called CarPlay, will make its debut this week in new vehicles from Ferrari, Mercedes-Benz and Volvo. The Cupertino tech company first unveiled plans for a car infotainment system last year, when it called the feature "iOS in the Car. " It's been a while since then, but Apple finally announced that the system will roll out with several new cars shipping this year. At the Geneva Motor Show in Switzerland, Apple said CarPlay will make it possible for iPhone users to conduct several tasks on their devices by giving voice commands to Siri.
BUSINESS
March 3, 2014 | By Salvador Rodriguez
In what may be the first social media marketing campaign by Apple, the Cupertino, Calif., tech company appears to have turned to Tumblr to advertise the iPhone 5c. A recently launched Tumblr blog called isee5c features five 15-second video clips that each advertises a different color version of the iPhone 5c, Apple's $99 smartphone.  Apple hasn't officially taken credit for the colorful Tumblr page, but isee5c is stylized in a way that...
BUSINESS
March 1, 2014 | By Chris O'Brien
CUPERTINO, Calif. -- At an annual shareholders meeting Friday that was almost completely devoid of drama, Apple Chief Executive Tim Cook still managed to stun the audience for a moment and bring the room to complete silence.  Sitting on a chair onstage, holding an iPad and some notes, about halfway through a Q&A session, Cook suddenly said something unthinkable for a company that never says a peep about its future plans: "And now I'm going...
BUSINESS
February 28, 2014 | By Salvador Rodriguez
For the next week, customers who buy an Apple TV at one of the tech giant's retail stores will reportedly receive a $25 iTunes gift card as part of a promotion that could signal a new Apple TV is on its way. Apple news website 9to5Mac reported that Apple informed its retail employees about the promotion Friday morning. The bonus of a $25 gift card will be available to customers who buy a $99 Apple TV at an Apple Store between now and March 5, the report said. In the world of tech, discounts and promotions can often be signs that a newer version of a product will soon be rolled out. PHOTOS: Five ways the Samsung Gear 2 is better than its predecessor That was the case earlier this month when the Samsung Galaxy Gear smartwatch was heavily discounted by two retailers.
BUSINESS
February 28, 2014 | By Chris O'Brien
The little hockey-puck-sized Apple TV has turned into a big business.  During the company's annual shareholders meeting on Friday, Chief Executive Tim Cook said Apple TV had generated $1 billion for the company in its last fiscal year.  That figure includes sales of the $99 Apple TV unit as well as the content people are purchasing over it.  "It's a little bit harder to call it a hobby," Cook said. That was a reference to Cook's previous habit of saying the company considered Apple TV a "hobby" whenever someone tried to prod him into talking about his plans for the device.
BUSINESS
February 27, 2014 | By Salvador Rodriguez
Recent behavior by Apple appears to suggest the tech giant may no longer have plans to issue security updates for Snow Leopard, a version of its desktop operating system that is used by nearly one in five Mac users. The Cupertino tech company has not delivered a security update for Snow Leopard, which was released four years ago, since last September, according to ComputerWorld . Since that time, Apple has continued to update other versions of its Mac operating system, including Lion, Mountain Lion and the latest version, Mavericks.
BUSINESS
February 25, 2014 | By Salvador Rodriguez
Apple is urging Arizona Gov. Jan Brewer to veto a bill that would make it possible for business owners to use their religious beliefs as a reason to deny service to gays and lesbians. The Cupertino tech giant weighed in on the matter because it now conducts business in the state. Late last year, Apple announced plans to open a manufacturing plant in Mesa, Ariz. News reports have suggested that the plant may be used to make the screens for the company's next iPhone. An Apple spokeswoman confirmed to the Associated Press the company had reached out directly to Brewer about vetoing Arizona SB 1062.
BUSINESS
February 25, 2014 | By Salvador Rodriguez
Apple has issued an update for Mac users that fixes a security hole identified last week that is known as the "Goto fail" bug. The security issue potentially makes it possible for hackers to intercept and even modify information users send from their Macs, iPads and iPhones to trusted services in what is known as a man-in-the-middle attack.  Apple corrected the gap for its mobile devices with an update over the weekend , but the tech community...
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