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Posts by AppleInsider

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...
Though it will remain a paid subscription service, Apple's Beats Music will reportedly come preinstalled on every iPhone after an update to iOS next spring, according to a new report. The major push for Beats Music will begin as soon as March of 2015, unnamed sources reportedly told the Financial Times. The change of Beats Music to a native iOS app would be a major push against competing streaming services like Spotify, which currently have a larger share of...
The Human Rights Campaign this week published its annual Corporate Equality Index rankings rating American workplaces on LGBT equality, and Apple once again earned a score of 100 percent, achieving a perfect ranking for the 13th straight year. In all, 14 of the top 20 Fortune-ranked companies received 100 percent rankings from the HRC, putting Apple in the mix with Chevron Corp., General Motors Co., Ford Motor Co., AT&T, Hewlett-Packard, IBM and more. The ratings are...
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