News from category ‘Financial’
The yacht that Steve Jobs built with French designer Philippe Starck revealed
Super yacht "Venus", the design of which was commissioned by Apple’s co-founder, Steve Jobs, was officially launched in Aalsmeer, on Sunday. The opening was attended by the Jobs` family. 80-metre hull made entirely of aluminum. In addition to "the Spartan” Interior, steering cabin is equipped with seven 27-inch iMacs using navigation, management systems and other software for the operation of Venus.
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Apple to open Palo Alto store on Saturday
On Saturday, Apple opened a retail store in downtown of Palo Alto, California. The new store, which is less than two quarter away from the present location of the Apple, ia a shop with glass front part, similar to other Apple retail stores, but it is covered by black fence.
iPhone 5 Launching in India and Other Countries on November 2
The Economic Times reports that Apple will start selling the iPhone 5 in India on November 2. It was rumored that the launch was set for today, but the supply delay forced Apple to postpone the introduction for a week.
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Phil Schiller Claims Customers Aren't Asking for Built-In Blu-Ray Anymore
According to Apple’s Head of Marketing, Phil Schiller, Apple's customers don't need Blu-ray drives in their Macs. Not surprising, since Apple has removed the optical disk drives from their laptops, and now in desktop computers, but it can cause some confusion among fans of Blu-ray.
Apple Already Sold Out of Initial White iPad mini Pre-Order Stock
At 3 a.m. Eastern / 12 a.m. Pacific today, Apple began taking pre-orders for the 4-th generation iPad and iPad mini. As it was noted on the forums, a starter supply of white iPad mini in the United States was quickly sold out. Within the first 17 minutes, the delivery time for the white iPad mini stretched up to 2 weeks. Shipping black iPad mini Wi-Fi is available on 2 November.
Apple Shipped 16.6% Of Global Smartphones In Q3 2012
Today published its latest report revealing that global smartphone shipments increased to 162 million in the third quarter of 2012. Executive director at Strategy Analytics Neil Mawston said:
Apple announces Q4 2012 earnings
Yesterday, during the earnings call, Apple reported record fourth quarter profits that rose nearly 25% to $8.2 billion. The quarterly revenue amounted $36.0 billion for the three-month period ending ended September 29, 2012. Gross margin was 40.0 percent compared to 40.3 percent in the year-ago quarter. International sales accounted for 60 percent of the quarter’s revenue.
Tim Cook: iPad Mini Priced “Aggressively”
Yesterday Apple hold a fourth quarter earnings call where CEO Tim Cook explained the company's pricing philosophy for the iPad mini.
When we set out to build it, we didn't set out to build a small, cheap tablet. We set out to build a smaller iPad that offered the full iPad experience. The difference between us and the competition is profound. 35% larger screen than 7" tablets. 2 great cameras. Fastest communications with dual bank Wi-Fi. Fit and finish of our precision enclosure is breathtaking when held in your hands. That's what we've done, the iPad mini has higher costs and gross margin is significantly below our corporate average. Height of the cost curve, but we want to make a large number and we're going to work to try to get down the cost curve and get more efficient with manufacturing as we've done with our other products.
iPad mini gets Siri but iPad 2 still left without
The new iPad mini is compatible with Apple's Siri voice recognizing assistant, however the iPad 2 still won't be able to access the feature. It seems that Siri will never make it to the iPad 2, as the tablet was only mentioned in passing in a brief a comparison to the new iPad mini. It is unclear why Apple decided to once again pass over the iPad 2, though it could mean that Apple may axe the product from the tablet line as it is more expensive and less capable than its newly-released sibling. Moreover, the mini-model of the iPad has the same screen resolution as the 9.7-inch iPad 2's.
How Apple made the iPad mini 23% thinner and 53% lighter
Yesterday Apple introduced the new iPad mini which has the same resolution as iPad 2 in a smaller 7.9 inch form factor that's two thirds the price of the latest iPad. But last year, it was more likely that Apple would make the iPod touch larger than reducing the size of the iPad. Apple went far further and did both, expanding the Retina Display iPod touch (along with iPhone 5), and scaling the iPad down.
This effectively gives Apple two very different new devices with nearly the same pixel count and very similar prices: the 4 inch iPod touch ($299/32GB and $399/64GB) and 7.9 inch iPad mini (16GB/$329; 32GB/$429; 64GB/$529; each with a 4G LTE cellular option for $130 more).
Foxconn Workers Reportedly Strike over iPhone 5 Quality Control Demands

Thousands of Foxconn workers responsible for assembly of the iPhone 5 have gone on strike today, objecting to strict quality control standards that were raised by Apple and Foxconn to address issues related to scratching and other blemishes on the iPhone 5 casing. The new standards turned out to be extremely difficult for workers to produce phones satisfying those requirements.
Apple Preparing to Begin Shipping Fifth-Generation iPod Touch
Last month, at the media event, Apple introduced the fifth generation iPod Touch. The updated version has a 4-inch screen, the same as the iPhone 5 and a number of color varieties. Apple immediately began taking pre-orders for the device, but in general it will be available in October.
Five New Apple Retail Stores Opening for iPhone 5 Launch Week
Apple has announced the grand opening of five new retail stores in support of the iPhone 5 launch this Friday. The first opening set for Thursday and the first new store at the Rio Shopping mall will open its doors in the Spanish city Valladolid. The Thursday opening is unusual due to the fact that a brand-new Rio Shopping center also opens this day.
The iPhone 5 launch will be at 8:00 a.m. local time on Friday in nine countries, and at the same time three new stores will open their doors for the customers. New stores include:
Apple Begins Prepping Yerba Buena Center for iPhone 5 Media Event
Apple has begun preparing the Yerba Buena Center for its iPhone 5 introduction. The entrance of the Center is wrapped with colorful banners, suggesting that new multicolored iPods will be part of the event. The new banners evoke the imagery the company used to launch new iPods in 2010.
'iPad mini' will be challengingly thin thanks to 'GF2' technology
Apple’s iPad mini will reportedly so thin and light that production of the device will be a challenge to a company. Analyst Ming-Chi Kuo with KGI Securities claims that the smaller iPad will feature industry leading "GF Ditto," otherwise known as GF2, touchscreen technology. He said that Apple will be the first company in the world to commercialize and mass produce GF Ditto technology.











