Forrest Gump’s investment in Apple would be worth $28 billion today

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Forrest Gump finds out he owns part of Apple
Forrest Gump finds out he owns part of a “fruit company.”
Screen cap: Paramount

In the Oscar-winning movie Forrest Gump, there’s a short scene in which Tom Hanks’s character opens a letter of thanks from Apple after his former military colleague and business partner Lieutenant Dan invested some of the profits from the Bubba Gump Shrimp Company in “some kind of fruit company.”

It’s been 25 years since that movie debuted. If Gump was real and if he was still clinging on to his investment today, his investment in the Cupertino company would worth around $28 billion.

Download iOS 12 now to make your iPhone and iPad faster

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iOS 12
iOS 12 launched on September 17.
Photo: Apple

The biggest iOS update of 2018 is finally here.

After months of beta testing, Apple finally released iOS 12 to the public, making it available as an over-the-air update. The new iPhone and iPad operating system comes with tons of new features and performance improvements that will make even older devices faster than ever. Best of all, if you have a device that can run iOS 11, iOS 12 will work on it — no problem.

Here’s how to download it.

Apple drops yet another batch of iOS 12 and macOS Mojave betas

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Photos app
The new and improved Photos app on iOS 12.
Photo: Apple

iOS and macOS developers received a fresh batch of new beta updates from Apple this morning as the company prepares to launch its new software this fall. And the general public got a new iOS beta too.

macOS Mojave beta 9 and iOS 12 beta 11 can be downloaded from the Apple developer center immediately. The updates bringing a host of bug fixes and performance improvements to the iPhone and Mac.

Stocks app finally comes to iPad in iOS 12

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stocks on ipad_WWDC18
Stocks! On iPad!
Photo: Ste Smith/Cult of Mac

WWDC 2018 bug Cult of Mac Tim Cook finally got his way — the Stocks app will appear on iPad in iOS 12. And the app also gets a bunch of improvements, so that Stocks might no longer be the first app you hide away in a “junk” folder when you get a new iPhone.

Stunning iOS 12 concept adds always-on complications to iPhone

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ios 12 concept
This iOS 12 concept will get you hyped for WWDC.
Photo: iUpdateos

The grand unveiling of iOS 12 is less than two months away and if it’s anything like this concept, the iPhone X might be set to go to an all new level.

In this superb new iOS 12 concept by the folks at iUpdateOS, the iPhone X borrows one of the Apple Watch’s best features for an always-on display. Dark Mode also makes an appearance, along with group Facetime calls and a whole lot more.

Check it out:

iOS 10 finally lets you delete Apple apps you don’t want

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iPhone
Free at last!
Photo: Ste Smith/Cult of Mac

The days of having a junk folder full of Apple-made apps you don’t want is finally coming to an end.

It appears that Apple made its first steps toward allowing iPhone and iPad users to delete stock apps today by making them available to download via the App Store.

The company didn’t announce the changes during its WWDC keynote, but after installing the first beta build of iOS 10, developers have discovered that apps like Maps, Contacts, Stocks, and others can now be deleted.

Why Apple stock is far from dead

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iphone stocks app
Apple shares have been taking a beating!
Photo: Ste Smith/Cult of Mac

AAPL stock fell to a new 52-week low last week, signaling its longest loss streak in 18 years, but portfolio managers aren’t close to throwing in the towel on Apple just yet. In fact, this could turn out to be the equivalent of a Black Friday sale for anyone wanting to get their hands on some massively undervalued stock!

“Things aren’t as bad as everybody thinks,” said Dan Morgan, senior portfolio manager at Synovus Trust, speaking on CNBC‘s “Squawk on the Street.” “[Apple has] a tremendous amount of room to grow.”

Why Apple joining the Dow Jones is a big deal

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Tim Cook has pushed the green agenda during his time as Apple CEO.
Tim Cook has led Apple to new heights. Photo: Bloomberg

On March 19, the world’s most valuable company will join the world’s top stock index.

In a feat of great irony, Apple is replacing none other than AT&T on the Dow Jones Industrial Average this month. And even if you don’t care about the stock market, for Apple it’s a big deal.