Apple was trading at $92 at the time of the 7-to-1 split, which means that its current value is up by more than 10% since the division earlier this year. According to Google Finance, Apple ended the day with a market cap of $626 billion, and $629.67 billion as per Yahoo Finance.
The iPhone 6 is obliterating Samsung’s Note 4 in sales, and could even outsell it 10x according to a Korean analyst.
In a note to clients, Shinhan Investment’s Kim Young-chan wrote that the iPhone “will outsell the Galaxy Note 4 by tenfold, with 80 million units shipped worldwide in the October-December period.” Young-chan adds that, “Other market watchers also are expressing doubts about the performance of Korean tech giants.”
Apple has kept quiet on why its sapphire supplier suddenly went bankrupt, but after weeks of court wrangling, GT Advanced Technology’s COO has filed a revised declaration that reveals why Apple’s dream of sapphire iPhones went up in smoke in less than a year.
GTAT COO Daniel Squiller, says that the original plan was for Apple to buy 2,600 sapphire furnaces and other equipment that GTAT would then operate. However, after months of negotiations, the deal was changed so that GTAT would borrow up to $578 million from Apple to purchase furnace components and assemble furnaces that would be used to grow sapphire for Apple.
The company admits the deal came with huge risk for GTAT while shielding Apple, but because it had the potential to be revolutionary to GTAT’s business, they went ahead with it. Then everything went horrible wrong.
When you live in Apple’s world as a third-party developer, you are required to play by Apple’s rules. And sometimes those rules are subject to sudden change.
James Thomson, the developer behind the scientific calculator app PCalc, was notified today by Apple that his iOS 8 widget must be removed. The reason? A new stipulation that iOS widgets cannot perform calculations.
The reasoning behind Apple’s decision may never be known by Thomson or anyone outside the company, and that’s just the point. The App Store is Apple’s kingdom to rule, for better or worse.
It's the week of Halloween, which means pumpkin carving galore. If you want to take your Apple fandom to the next level, then consider replicating one of these awesome designs.Photo: Jim Shuma/Flickr CC
They key to carving a nice Apple logo is the outline. Print or draw the logo on a piece of paper first and then trace it on the pumpkin.Photo: Jim Shuma/Flickr CC
Hey, it's Mr. Finder!Photo: SMN/Flickr CC
While this kind of artistic detail is beyond any of us at the Cult of Mac office, there are surely some of you out there with enough talent to recreate Steve Jobs in pumpkin form.Photo: Rick Payette/Flickr CC
This Finder carving is pretty awesome.Photo: Ben Ward/Flickr CC
Epic. Happy Halloween!Photo: Ben Ward/Flickr CC
Marvel Studios’ Kevin Feige took to the stage at a special event at the El Capitan Theatre in Hollywood Tuesday to talk about the next slate of blockbuster films the company is planning to release over the next few years. The full docket, with projected dates, is as follows:
· 5/1/15 – Avengers: Age of Ultron
· 7/17/15 – Ant-Man
· 5/6/16 – Captain America: Civil War
· 11/4/16 – Doctor Strange
· 5/5/17 – Guardians of the Galaxy 2
· 7/28/17 – Thor: Ragnarok
· 11/3/17 – Black Panther
· 5/4/18 – Avengers: Infinity War Part I
· 7/6/18 – Captain Marvel
· 11/2/18 – Inhumans
· 5/3/19 – Avengers: Infinity War Part II
While most of us are clear on who The Avengers and Guardians of the Galaxy are, there are some lesser-known characters getting the full movie spotlight that you may not be aware of. Here’s how they fit into the larger Marvel cinematic universe.
By far the biggest downside of the modern smartwatch is their lousy battery life. If you’re lucky, you’ll get around two days of use in between charges from an Android Wear device, but the vast majority require top-ups every night. There is one, however, that promises to last a week, thanks to its clever use of not one but two displays.
Every one loves free stuff, just like the free stuff you can find every day at Cult of Mac Deals.
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Apple Pay’s biggest competitor backed by major retailers has been hacked before it even launched.
Retailers like Walmart, BestBuy, Gap, and CVS are waging a war against Apple Pay with their own mobile wallet solution, CurrentC, but the pending doom of their QR-code solution is looking even more obvious now, as the company just alerted customers that they’ve been hacked.
Customers who signed up to use CurrentC were notified today via email that hackers have “obtained the email addresses of some of you.”
Email addresses were the only information the hackers stole (because CurrentC isn’t even out yet), but we doubt this is going to make shoppers eager to share their social security number and bank account info with MCX’s partners, once the app launches next year.
Here’s the email:
Android has yet again increased its lead in U.S. market share as its rivals give up precious points, according to the latest data from Kantar WorldPanel. Google’s popular platform now commands an impressive 61.8 percent share of the smartphone market, which is close to double the 32.6 percent now held by iOS.