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Posts by AppleInsider

New Geekbench processor benchmarks show Apple's triple core, 64-bit A8X Application Processor is dramatically faster than the latest Android tablets, despite their additional cores and faster clock rates. Previous Android tablets ranging from Amazon to Samsung delivered multiple core benchmarks in the ballpark of Apple's original iPad Air, despite running much faster and incorporating two to three times as much RAM in a thicker--or in the case of Samsung,...
Eight Apple executives last week were awarded identical bonuses in the form of conditional RSUs worth over $19.6 million at the stock's current price, according to a U.S. SEC filing. The awards were disclosed in a Tuesday filing with the U.S. Securities and Exchange Commission, noting eight of Apple's leadership were each granted 191,439 RSUs scheduled to vest in three intervals through 2019. At Apple's current price, the RSUs are valued at $19.6 million. Those...
According to a recently filed disclosure, Apple spent a little over $1 million over the third quarter on lobbying issues like consumer health data, safe driving, e-books and data privacy, among others. For the quarter ended Sept. 30, 2014, Apple spent a total of $1,010,000 on a variety of lobbying activities, the company reported in a government disclosure filed on Monday. Apple's contributions are on the low end of a quickly rising industry standard fueled by...
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...
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