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Posts by AppleInsider

As part of its plan to "wind down" sapphire production operations after filing for Chapter 11 bankruptcy protection, GT Advanced Technologies will reportedly sell more than 2,000 sapphire furnaces to pay off an outstanding debt to Apple. According Fortune's Philip Elmer-DeWitt, who was in court on Tuesday covering GT's bankruptcy proceedings, the firm has reached a deal with Apple to pay off its remaining debt by selling a total of 2,039 furnaces to third-party...
During its fiscal Q4 ending in September, Apple spent an incredible $17 billion to buy up its own stock, increasingly doing so on its own without outside bankers' assistance. Since the beginning of fiscal 2014, Apple has spent an astounding $45 billion to repurchase its stock from fleeing investors at incredible discounts. A $17 billion windfall for AAPL investors Apple's chief executive Tim Cook almost casually noted during the company's earnings call this week that...
With the Apple Pay launch complete in the U.S., Apple may now turn its sights toward launching a new store loyalty rewards program in time for the lucrative holiday shopping season. Citing unnamed sources, Bank Innovation reported on Tuesday that Apple appears on track to debut its loyalty program before the end of 2014. It was originally thought that Apple would introduce this feature next year, but "market demand" is said to have accelerated the plans for launch. The...
Though Apple Pay is only advertised to work in the U.S. at the moment, users have found that the tap-to-pay functionality found in the iPhone 6 and iPhone 6 Plus is in fact operational with compatible terminals internationally, as long as the device is set up properly with American credit cards. YouTube channel TechSmartt tested Apple Pay in Canada after the service launched this week, and found that they were able to pay at near-field communications terminals in the...
Though Apple hasn't revealed the exact specifications of the beefed-up A8X processor that powers the iPad Air 2, a new benchmark purports to show the horsepower of the CPU, revealing a triple-core processor with 2 gigabytes of RAM. The purported details on the A8X chip were published to iphonebenchmark.net, claiming to show a new "iPad5,4" model. Based on Apple's IPSW files available to developers, that model would be a LTE-capable iPad Air 2. A separate test...
Hackers have reportedly begun targeting iCloud users in mainland China, utilizing a so-called "man-in-the-middle" approach in an attempt to steal user information, with one group accusing the Chinese government itself of perpetrating the attack. The attacks were first revealed by Chinese activist group GreatFire.org, which said the latest efforts resemble previous attacks on Google, Yahoo, and Microsoft Hotmail. The organization has alleged that China's government is...
Apple exceeded market expectations this week with the results of its record breaking September quarter, leading analysts to heap praise on the company and raise their price targets as it heads into what is expected to be a blockbuster holiday season. The New York Stock Exchange, credit Carlos Delgado via Wikipedia. Macquarie Securities "Apple remains remarkable," analyst Ben Schachter concluded after the company reported earnings on Monday. In particular, he noted that...
With this week's launch of iOS 8.1 and Apple Pay, shoppers can now use Apple's tap-to-pay functionality in the iPhone 6 and iPhone 6 Plus in a variety of in-store locations. AppleInsider offers a closer look at just how quick and easy it is to use the new digital payment system. Using Apple Pay in-store on an iPhone 6 is quick, convenient, and dead simple from AppleInsider on Vimeo. Following the launch of Apple Pay on Monday, AppleInsider gave the new near field...
An Apple patent published on Tuesday could foreshadow future CarPlay functionality that allows users to unlocks car doors, start the engine and perform other automated tasks based on a user's proximity to their vehicle. Source: USPTO The U.S. Patent and Trademark Office granted Apple U.S. Patent No. 8,868,254 for "Accessory control with geo-fencing," which basically turns an iPhone into an advanced car remote when paired with a CarPlay-like "accessory"...
Apple isn't just waiting around for iPad sales to pick up speed. In its earnings conference call with analysts, Apple's chief executive Tim Cook stated the first wave of IBM's Mobile First apps targeting businesses would arrive next month, while separately noting that iPad now accounted for 90 percent of U.S. tablets used in education. "We forged a landmark partnership with IBM to provide a new generation of Mobile enterprise applications designed with our products'...
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