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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.
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BUSINESS
September 23, 2013 | By Salvador Rodriguez
Put down your friend's iPhone 5s. You have no idea what's been touching it. The latest Apple iPhone went on sale Friday and one of its signature highlights is a new fingerprint scanner built into the home button at the bottom of the device. The feature, called Touch ID, lets users quickly unlock their device while keeping others out. It can also be used to verify purchases. VIDEO CHAT: Unboxing the iPhone 5s But some Apple users are very strange and creative, and have quickly taken to YouTube and Twitter to confirm that users can scan and unlock the iPhone 5s using more than just fingerprints.
BUSINESS
January 23, 2013 | By Andrew Tangel, This post has been corrected. See the note below for details.
Apple investors will soon find out whether their fears are founded, as the tech juggernaut is set to report its fiscal first-quarter earnings Wednesday afternoon. [For the Record, 7:32 a.m. Jan. 23: An earlier version of this post stated that Apple was due to report its fourth-quarter earnings. It is to report its fiscal first-quarter earnings. ] Apple's stock has fallen nearly 30% since September, in a sell-off fueled by reports of waning iPhone 5 sales and questions over whether Tim Cook can lead the company through the post-Steve Jobs era. Investors also worry that Apple could be losing market share to rivals, or that profits could suffer if it makes cheaper phones and tablets.  Apple won't report its earnings until after the closing bell on Wall Street.
BUSINESS
December 30, 2013 | By Salvador Rodriguez, This post has been corrected, as indicated below.
While Apple and Microsoft saw their share of laptops sold to businesses and other organizations in the U.S. decrease in 2013, Google dramatically increased its portion of sales. From January through November, Google sold 1.76 million Chromebook laptops in the U.S., up from 400,000 during the same period in 2012, according to a recent report by NPD Group . that tracked sales through commercial channels. That includes devices that were sold to businesses, government agencies, schools and other organizations.
BUSINESS
September 23, 2013 | By Chris O'Brien
Owners of Apple devices have been upgrading to the radically redesigned iOS 7 that was released last Wednesday faster than any previous version. Apple reported Monday that 200 million iOS devices are running the new operating system. The company likes to tout the fact that the vast majority of its customers use the latest version of its mobile operating system. Apple argues that makes its experience superior to Android devices, which tend to be more fragmented with many running on much older versions of the Google operating system.  PHOTOS: Top 11 hidden, cool features in Apple's iOS 7 According to statistics from Fiksu , a mobile analysts firm, more than 50% of all iOS devices have  upgraded to iOS 7. Indeed, the rush to upgrade last Wednesday led to long waits and error messages for many users who apparently overwhelmed Apple's servers.  The Fiksu report says that at this same point, less than 40% of users had upgraded to iOS 6, and less than 30% had upgraded to iOS 5.  The percentages are even more impressive considering there are far more devices running iOS than there were two years ago.  With Apple also announcing it sold a record 9 million new iPhones during the first weekend, investors sent the company's stock up $17.67 or 3.78% to $ 485.08.
BUSINESS
August 7, 2012 | By Salvador Rodriguez
Along with the news that there would not be a native YouTube app on iOS 6, Apple injected some humor -- a very unusual move for the Cupertino, Calif., company -- and "Rickrolled" its developers in a recent change log for its next mobile operating system. As you might know, Rickrolling is emailing someone a link that claims to go to a particular website but actually sends them to a YouTube video of Rick Astley's 1987 song "Never Gonna Give You Up. " In this instance, Apple was explaining the proper way to embed videos in iOS 6 and used the Rickroll as its example.
BUSINESS
December 30, 2013 | By Salvador Rodriguez
What appears to be a prototype for the original 2007 Apple iPhone was sold on EBay on Monday morning for $1,499. The rare Apple item was sold after receiving 37 bids. It's unclear if the device is authentic, but some aspects of its specs check out, especially because the prototype does not run Apple's iOS mobile operating system. Instead, the item description says the gadget runs on a special test software, which Apple has been known to use on other iOS device prototypes. "I am selling a very rare original iPhone engineering prototype," the seller wrote in the item description . "These were used to test the iPhone's various features.
BUSINESS
January 23, 2013 | By Andrea Chang
Apple Inc. reports its fiscal first-quarter earnings after the closing bell Wednesday. With the tech giant's shares falling as of late, and worries about demand and supply constraints for the iPhone 5, we're expecting the company's performance to be carefully dissected by analysts and investors. Here's what to look for: Apple has told Wall Street analysts that for its first quarter, which ended in December, investors should expect the company to report $52 billion in revenue and earnings of $11.75 a share. The consensus among Wall Street analysts is that Apple will report $54.7 billion in revenue and $13.41 a share in earnings.
NEWS
December 31, 2012 | By Sara Lessley
There's often a slow-down in news during the holiday season, with lawmakers out of town, businesses closed and many people on vacation. In turn, newspapers tend to run more feature stories, photos and retrospectives. Whether that touches readers' hearts -- or perhaps readers just have more time to write -- the letters to the editor at The Times often include thanks and appreciation this time of year. Here's a selection. And a happy New Year to all. Ann Bourman of Los Angeles savored a photograph : “Thank you for a lovely Christmas present -- a photograph of adorable children playing and singing Hanukkah and Christmas music in the Breed Street Shul.
BUSINESS
April 2, 2012 | By Deborah Netburn
One analyst is predicting that Apple stock will hit $1,001 in the next 12 months. Some people might call that number crazy, but Brian White, an analyst with Topeka Capital Markets who authored a report released Monday called "Apple Fever has More to Run," said if anything the valuation might be too conservative. "All we're doing is putting a 17 multiple on the earnings for 2013 and then adding back $103.66 cash," he said. "I think it's a conservative number. For most of its history Apple's growth rate was 86% a year.
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