Apple looks to be building another retail store in Beijing, which could open its doors in time for the launch of new iPhones and iPads this fall. Construction has begun on a building that bears a strong resemblance to a typical Apple retail outlet in Beijing’s China Central Place Shopping Center.
There’s no doubt that the iPhone is one of the most popular pieces of technology ever invented. The rush of people lining up for hours just to buy one usually causes competing carriers to trip all over themselves for the opportunity to sell the iPhone, except recently the list of carriers clamoring for the iPhone has slowly dwindled to just a few prospects.
Despite its successes, Apple is missing out on the chance to sell the iPhone to as many as 2.8 billion new smartphone customers, and according to some experts, the only thing that’s stopping them is Apple’s own rules.
Slip on your Nikes and grab your Kool-Aid, dear brethren, it’s time for a new episode of The CultCast. This time around, iOS 7 takes over your car; 5S gets better at selfies; Jony Ive is under pressure; Tim Cook really doubles down on secrecy, ya’ll; and we pitch our favorite tech and apps on an all new Fave’s ‘N Raves.
All that and more on this week’s CultCast! Stream or download new and past episodes on your Mac or iDevice by subscribing now on iTunes, or hit play below and let the good times roll.
Break on through to the other side for the show notes.
That historic “grab a cuppa joe with Tim Cook” auction, which still has a couple of weeks to go and has already broken records, has had a little bit of a set back: credit card fraud that has set the auction back by thousands of dollars.
Tim Cook at the D conference last year.
Apple executives have a long history of appearing at the All Things Digital (or “D”) conference every year. Steve Jobs gave some of his most revealing public interviews at D over the years, and Tim Cook’s first major interview as Apple’s newly-appointed CEO was at D10 last year.
For D11, Tim Cook will be headlining once again with an interview on the conference’s opening night, May 28th.
Despite having a mountain of cash overseas, Apple has decided it’d be cheaper for the company to go into debt for its stock buyback program, rather than bring the money back to the U.S. to be taxed.
After taking the initial steps yesterday toward offering bonds to investors, Apple opened up its order book today and plans to sell $17 billion worth of bonds. The six-part all dollar offering has already attracted more than $50 billion of orders within the first few hours, in what has become the largest non-bank bond deal in history.
According to a report from Reuters, Apple is offering $17 billion worth of bonds in the following six bond types to investors:
Japanese telecom provider KDDI’s mobile branch is planning to kick off its iPhone 5S pre-orders on June 20 ahead of a launch in July, according to an internal document that has been making its way around the web. The carrier expects the device to offer a 13-megapixel camera as well as Apple’s latest iOS 7 operating system.
This time around on CultCast: why we need $150,000 $230,000 $500,000 for coffee with Tim Cook; Mr. Cook talks iPhone with a 5-inch screen; and with mobile products like the iPad taking over, could Apple eventually stop selling Macs? Plus, we’re finally getting a new Xbox console; the next iOS and OS X at WWDC; and the current Apple hardware drought needs to end!
All that and more on this week’s CultCast. Stream or download new and past episodes on your Mac or iDevice by subscribing now on iTunes, or hit play below and let the good times roll.
Show notes up next.
UPDATE: Bidding just reached $505,000!
Earlier this week we wrote about a Charitybuzz auction that will get you coffee with Apple CEO Tim Cook at the company’s headquarters in Cupertino, California. At the time, the auction had reached $5,250, but its estimated value was just under ten times that amount at $50,000.
Just a few days later, the auction has received 68 bids and reached a whopping $295,000 with 18 days still to go. It’s now Charitybuzz’s biggest ever auction.
(Editor’s Note: This post originally appeared on Medium, Twitter co-founder Biz Stone and Evan Williams’ new publishing platform.)
Usually during Apple’s quarterly earnings calls, you have to read between the lines to guess what Apple’s really thinking. On Tuesday, all you had to do was read the actual lines, because Cupertino was remarkably candid for a change: there was no way that the Apple of 2013 could match the numbers of the Apple of 2012, but “new product categories” — like the iWatch — were going to blow the roof off the house in 2014. In the meantime, Apple needs investors to be patient… and they’re not above paying them off to make it happen.
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