Apple’s shares just rose by more than market cap of Nike and Spotify combined

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money
Apple stock is up a few percentage points just doesn't have the same ring to it.
Photo: Ste Smith/Cult of Mac

It’s easy to forget just what a crazily big and successful company Apple actually is. Even a slight dip or swell in the company’s share price equates to tens of billions of dollars in real terms.

Case in point: As AAPL recovered slightly from the battering of coronavirus over the past two trading days, its market cap increased by $180 billion. As Above Avalon analyst Neil Cybart helpfully points out, that’s the equivalent of the entirety of Netflix. Or Nike and Spotify put together.

Magnetic bands could mess with Apple Watch Series 5 compass

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Compass
Compasses and magnets don’t mix.
Photo: Apple

One of the best new features on Apple Watch Series 5 may not work well — or at all — depending on what type of band wear with your watch.

Like all compasses, the Apple Watch Series 5 compass is sensitive to magnetic interference. Cupertino warns customers on its website that some of its bands with magnetic clasps could adversely affect compass readings.

Stay away from these bands if you want your Apple Watch compass to work.

You can tie Nike’s self-lacing shoes with Siri or Apple Watch

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Nike Adapt Huarache
The Nike Adapt Huarache now has an iPhone and an Apple Watch FitAdapt app.
Photo: Nike

Nike continues to add to the technology of its self-lacing shoe line. The FitAdapt system, which includes a built-in motor to adjust the lacing, pressure and fit of two shoe models, can now be controlled by Siri commands, and there’s a new Apple Watch app too.

Why sports apparel brands are giving up on fitness apps [Opinion]

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Whatever happened to Nike+?
What ever happened to Nike+?
Photo: Graham Bower/Cult of Mac

Remember when every sports apparel brand needed an app to be cool? Ten years ago, the Nike+Apple partnership was in its ascendency, while Under Armour and Adidas were splurging millions acquiring fitness apps like MyFitnessPal and Runtastic.

Back then, brand owners hoped that by mining our workout data from these apps, they could target us with personalized offers. The big idea was that if you knew how often someone went running, you could tell when they needed new running shoes.

Today, things look very different. Nike removed workout tracking from its website. And Under Armour still can’t figure out how to unlock the potential of its apps. So what went wrong? What happened to the digital fitness revolution?

Today in Apple history: Nike+iPod brings fitness tracking to your pocket

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The Nike+iPod Sports Kit was a nifty innovation.
The Nike+iPod Sport Kit was a nifty innovation.
Photo: Apple

July 13: Today in Apple history: Nike+iPod Sport Kit brings fitness tracking to your pocket July 13, 2006: Apple releases its first activity tracker, the Nike+iPod Sport Kit, which combines Cupertino’s popular music player with a smart pedometer.

The product marks Apple’s first step toward the kind of mobile health-tracking initiatives it will investigate in the following decade — most notably through its iOS Health app and the Apple Watch.

Nike kills shoelaces with new iPhone-controlled sneakers

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Marty McFly would've loved these.
Marty McFly would've loved these.
Photo: Nike

Nike is on a mission to kill shoelaces for good with its new pair of app-controlled sneakers, which made their official debut today.

Taking a page right out of Back to the Future II, Nike’s new Adapt BB self-lacing shoes pack wireless connectivity, and a custom motor and gear train, to give athletes a perfect fit without having to fuss with retying their laces.

Nike’s futuristic self-tying shoes will be controlled by iPhone

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Kyle Kuzma
Kyle Kuzma's reaction to Nike's self-tying shoes is priceless.
Photo: Nike

Nike just posted a major teaser for the release of its self-lacing shoes set to debut tomorrow and it looks like the iPhone will play a major role with the new sneakers.

The teaser video Nike put out today shows some popular basketball players trying on the new shoes. Nike appears to have created an iPhone app that lets you adjust the laces without touching your feet. Even though the shoes can’t be seen in the video, it’ll certainly get you hyped for the future of basketball shoes.

Watch some of the NBA’s stars get wowed: