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Posts by AppleInsider

Last fall, Google's Motorola group unveiled its Moto X and Apple released its middle-tier iPhone 5c. Across the board, pundits and reporters portrayed the 5c as a grave mistake that got everything wrong while lavishing Google's Moto X with praise. Why were they so incredibly wrong? While we don't have exact sales numbers for either model, it is now clear that iPhone 5c was a remarkable success, not just as 2013's second most popular smartphone of the holiday season...
In an interview on Friday, Nike CEO Mark Parker said his company is not giving up on its "digital sport" initiative with the apparent demise of FuelBand and will instead pursue expansion of the NikeFuel ecosystem through high-profile partners like Apple. Following a report that Nike had laid off a good portion of its FuelBand hardware team, Parker told CNBC that the company is looking to expand the reach of NikeFuel through partnerships with other companies. When asked...
The U.S. Court of Appeals for the Second Circuit on Friday issued a brief order agreeing to consider Apple's motion for a stay of the upcoming e-books damages class action suit leveled by 33 states and a group of consumers. Apple's closing slide in its e-book antitrust case. | Source: U.S. District Court In the concise filing, the Second Circuit referred to a three-judge panel Apple's request for a stay of class notification, as well as another for the damages trial as a...
Apple's capital return program, focused on buying back stock, does appear to have had a favorable impact on Apple's share price. After spending $44 billion on stock buybacks over the past four quarters, Apple's stock has risen 29.2 percent or $129.28, a contribution that moved the company's market cap from $392 billion a year ago to $492 billion today, even as the company removed 80 million shares from circulation. Source: Ycharts.com Removing 80 million shares from the...
Apple on Friday launched a replacement program for faulty iPhone 5 sleep/wake buttons after finding a "small percentage" of units manufactured before March 2013 include parts that may stop working. As noted by Apple, the new program covers possibly defective iPhone 5 models produced through March 2013 The dedicated website was first spotted by The Loop. According to the program's informational webpage, Apple said it "has determined that the sleep/wake button mechanism...
A U.S. appeals court ruled that Apple and Google's Motorola can sue each other over smartphone patents, overturning Judge Richard Posner's opinion from the summer of 2012. The court also sided with a claim construction that does not favor Apple, and may impact its case with Samsung. According to a report by Bloomberg, the appeals court ruled that Judge Posner "wrongly threw out the case." Judge Posner had issued a critical rebuke of Apple's entire business model...
A dodgy set of renderings sourced from Eastern Europe on Friday purport to show Apple's next-generation iPhone with a chassis designed to hold a 4.7-inch display in an ultra-thin 6 millimeter cross-section. An iPhone with rounded edges and a 67-millimeter-by-138-millimeter footprint is depicted in the shots, which also match previous rumors by placing the power button on the device's right side. The renderings were sourced by Ukranian blog UkrainianiPhone and first...
During its fiscal Q2 ending in March, Apple spent $18 billion to buy up its own stock off the market. More than three quarters of that total was used to snatch up discounted stock after investors panicked following Apple's Q1 earnings announcement in January. Speaking to analysts in its Q2 conference call this week, Apple's corporate controller Luca Maestri outlined that "in total, we executed almost $21 billion worth of capital return activities during the March...
This year's anticipated iPad refresh is rumored to expand implementation of Apple's Touch ID fingerprint sensor beyond the iPhone, bringing it to the next iPad Air and iPad mini. Now, newly discovered code in the iOS mobile operating system offers further evidence in support of those claims. Poking around in code for the Touch ID framework in iOS 7.1, Twitter user and developer "UNiCORN" found a reference to Apple's iPad lineup, potentially suggesting that the...
Status-conscious consumers in Southeast Asian nations like Vietnam -- where iPhone sales doubled in the most recent quarter -- are snapping up Apple products in record numbers in an effort to "build a luxury image." A Vietnamese Buddhist monk films an event with an iPad | Source: Reuters "This cost more than two months worth of my salary," 23-year-old Vietnamese office worker Pham My Linh told Reuters when purchasing an iPhone 5. "But I need it, to feel more confident...
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