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Posts by AppleInsider

Piper Jaffray has been tracking availability of the iPhone 6 and iPhone 6 Plus at Apple Stores and continues to see demand outstripping supply, leading the investment firm to raise its price target on AAPL stock on Thursday. Analyst Gene Munster's new target of $135 is up from his previous prediction of $120. He announced the revision on Thursday alongside the latest iPhone 6 and iPhone 6 Plus supply data collected from 80 Apple Stores. Through their regular checks,...
Foxconn's Innolux will build a new $2.6 billion sixth-generation plant in Southern Taiwan to supply displays exclusively to Apple, after the iPhone maker made an "urgent" request, it was announced on Thursday. The new plant from Foxconn-owned Innolux Corp. will begin mass production of panels exclusively for Apple by the end of 2015, according to a representative for the company who spoke with Bloomberg. Equipment installation is reportedly set to begin next month...
With a huge number of iPhone owners yet to upgrade to screen sizes larger than 4 inches, Evercore Partners expects major revenue growth for Apple in fiscal 2015 and beyond, and has increased its price target on the company's shares to $135. Analyst Rob Cihra issued a note to investors this week, a copy of which was provided to AppleInsider, announcing his revised target, up from a previous prediction of $125. Apple's fiscal 2015 begins with the current December...
In a surprising turn of events, Sony is reportedly no longer attached to the upcoming Steve Jobs movie penned by Oscar winner Aaron Sorkin and based on Walter Isaacson's biography of the tech guru. Sony Pictures has not yet commented on the rumor first reported by Deadline.com, but Variety claims the film is now in turnaround following the development. With Sony out, Universal Studios is rumored to take the reins and will green light production by the end of Thursday....
After Apple's Maps app launched to negative reviews in 2012, the company has actively taken steps to enhance the fledgling navigation service, the latest effort being the addition of listings data from at least ten new companies. Discovered by consulting firm Apple Maps Marketing through the recently activated Apple Maps Connect portal for small businesses, Apple now taps 13 providers for aggregating and supplying business listings data. Previously, known providers...
During a closed-door meeting in October, Deputy Attorney General James Cole told Apple its recently implemented iMessage encryption technology will one day result in a dead child, according to a report published Wednesday. Citing people who were at the Oct. 1 meeting, The Wall Street Journal reports Cole drew a grim picture for Apple General Counsel Bruce Sewell and others in attendance, saying the company is marketing to criminals. As paraphrased by the publication,...
Following bankruptcy court filings that seek to postpone Apple's settlement agreement with GT Advanced, a report on Wednesday reveals inside details on why the ambitious sapphire production project went south. Defective sapphire boules produced by GT Advanced, included in Apple's letter to creditors.Source: The Wall Street Journal Citing a letter Apple sent to creditors, along with sources close to the matter, The Wall Street Journal reports Apple's $578 million...
Creditors backing GT Advanced Technologies have successfully pushed back an approval date for the company's settlement with Apple, saying an investigation will determine whether the sapphire maker was given short shrift in the agreement. In a series of court filings on Tuesday, GT Advanced noteholders, including Aristeia Capital and Sumitomo, asked for and received an extension to the approval deadline set for a proposed settlement with Apple, reports Reuters. After...
Walmart plans to get the jump on Black Friday this year with a sales event one week early featuring gift-card-based sales and discounts on a wide range of items, including Apple's new iPad Air 2 and iPhone 6. A new 16-gigabyte Wi-Fi iPad Air 2 will be available for $489 with a $100 Walmart gift card starting this Friday, Nov. 21, at 8 a.m. In addition, Walmart will be offering a $75 gift card with the purchase of a 16-gigabyte iPhone 6, itself priced at $179 with a...
With many "free" applications carrying hidden costs in the form of in-app purchases, Apple has stopped labeling free-to-download iOS apps as "Free" on the App Store, instead requiring users to tap a button that reads "Get" in order to install the software. The small change to the App Store was instituted Wednesday in an apparent acknowledgement that many so-called "free" iOS applications are not. For example, as of Tuesday afternoon, the 38 "top grossing" applications...
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