Tag Archives: Apple

Apple Is Now Worth Over us$700 Billion

Apple’s closing price today gave it a market value of us$710.7 billion, making it the first-ever U.S. company to close at over us$700 billion. That’s nearly double the next largest company on the list, Exxon Mobil. The milestone is a significant one for the company, which previously breached the us$700 billion mark in intraday trading but hasn’t closed above that ...

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Apple’s CEO Tim Cook is ‘Proud To Be Gay’

Apple’s CEO Tim Cook came out today, acknowledging publicly for the first time that he is gay. “Let me be clear: I’m proud to be gay, and I consider being gay among the greatest gifts God has given me,” he wrote in a column in Bloomberg Businessweek. In his column, the Apple chief said that he had tried to maintain ...

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Apple Announces The iPad Air 2

The Apple iPad Air 2 is only 6.1mm, making it the thinnest tablet yet. It’s also now available in Gold as well as silver. The tablet is powered by a custom Apple A8X chipset, which is a version made especially for the iPad family. The CPU is 40% faster, while the GPU is 2.5x faster than on the A7 chipset. ...

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Apple’s Sapphire Supplier Files For Bankruptcy

Apple’s sapphire supplier GT Advanced Tech (GTAT) has released a statement announcing that it is filing for bankruptcy under Chapter 11. Filing for Chapter 11 means the company will be able to continue normal operations until it can resolve issues with creditors. As of September 28th, GTAT had us$85 million in cash. What implications does this has on Apple’s upcoming Watch wearable, ...

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The NFL Bans Beats Headphones After Bose Deal

This isn’t the first time companies have tried to hide Beats from the public eye, and it sure won’t be the last. In a new partnership with Bose, the NFL has officially banned league players and coaches from wearing the popular headphone Beats around TV cameras. That’s funny, especially considering the Beats commercial San Francisco 49ers quarterback, Colin Kaepernick, was ...

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Check if Your Used iPhone Was Lost or Stolen

Apple has created an online tool that lets you know if your used iPhone, iPad or iPod was lost or stolen. https://www.icloud.com/activationlock/ If you’re buying an Apple device from a third party or a website, there’s a chance your “new” used Apple device could have been stolen — iPhones in particular are a hot black market item. To help customers ...

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Facebook is Now Worth us$200 Billion

Facebook’s valuation passed the us$200 billion mark for the first time today. The company’s stock closed at us$77.6, a new all-time high, giving it a market capitalization of us$200.26 billion, according to Google Finance. The social network has consistently impressed Wall Street analysts in its quarterly earnings reports over the last year thanks to robust growth in mobile usage and ...

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The Apple iPhone 6 is Coming !!

Apple has once again seemed to set the tech world a buzz in recent weeks with the anticipation of the scheduled release of the new iPhone 6. The speculated debut date for the new phone is said to be set for September 9, 2014. The Majority of the buzz with the new phone seems to be centered around screen size ...

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Apple is Buying Beats For us$3 Billion

Apple is officially buying Beats for $3 billion, just shy of the rumored price leaked a few weeks ago, the companies announced today. Apple will pay us$2.6 billion up front, plus another us$400 million over time. Apple’s getting stylish hardware from Beats Electronics and a streaming service with Beats Music. Apple expects the deal to close in late summer or ...

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Apple Buys Dr. Dre’s Beats in a us$3.2 Billion Deal

Apple officially has purchased audio equipment and service company Beats for $3.2 billion. As part of the deal, streaming service Beats Music would also join the company’s iTunes division. Interestingly, the deal makes rapper Dr. Dre the first billionaire hip-hop artist. This is Apple’s largest acquisition recently.

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