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Apple is no longer the world’s most valuable publicly traded company Its shares have hit their lowest levels in a year-and-a-half Apple faces competition from Samsung which unveiled Galaxy S4 last month
Apple fell further behind rival Samsung in the battle of the smartphones with iPhone sales slowing and profits falling for the first time in ten years. In the [...] APPLE Falls Below $400 as Supplier Reports IPhone Chip Glut… Loses Throne as World’s Biggest CompanyApple Inc (AAPL) (AAPL). dropped below $400 for the first time since December 2011 after one of its audio-chip suppliers, Cirrus Logic Inc (CRUS)., reported an inventory glut that suggests iPhone sales may fall short of analysts’ expectations. Apple’s shares declined 5.5 percent to $402.80 at the close in New York, and earlier touched $398.11. Cirrus, which makes sound components for the iPhone and iPad, is an indicator of demand for Apple’s top-selling products, [...] Hundreds of thousands could get $200 settlement after owners under warranty were denied servicing from the tech giant due to faulty ‘liquid contact indicators’
After years of iPhone and iPod owners getting turned away for replacements because their devices indicated water damage, and thus a voided [...] Your iPhone could be spying on you, according to the latest trove of documents from Wikileaks, which looks like it could be the biggest scandal yet. Called the Spyfiles, it’s a trove of documents about the “mass interception industry” — the massive post-9/11 surveillance community that electronically snoops on entire populations. The industry is selling software to government agencies — some of it delivered by Trojans — that can take over your [...] Still recovering from the backlash to its flawed Maps app, Apple is looking to beef up the iPhone’s indoor location capabilities by acquiring WiFiSlam. According to The Wall Street Journal, which first reported the deal, Apple paid $20 million to scoop up the two-year-old startup based in Silicon Valley. As per usual for Apple, which made a splash when it bought Siri back in 2010, the company didn’t provide any details as to why [...] Citigroup’s trio of Apple analysts have a very negative note for investors this morning.
They say demand for Apple’s two main product categories — the iPhone and the iPad — has “softened.” They cut their estimates for iPhone unit sales this quarter. For the current March quarter, they are estimating 34 million units sold, down from the previous estimate of 35 million units. For the June quarter they are calling for 25 million units sold, which is well [...] Graphene-based supercapacitors can charge and discharge thousand times faster than conventional batteries Researchers have revealed a radical new type of battery that could charge a mobile phone or even a car in seconds. Called micro-scale graphene-based supercapacitors, the devices can charge and discharge a hundred to a thousand times faster than standard batteries. Made from a one-atom–thick layer of carbon, can be easily manufactured and [...] The ARGUS-IS can view an area of 15 sq/miles in a single image
A sinister airborne surveillance camera gives the U.S. military the ability to track movements in an entire city like a real-time Google Street View. The ARGUS-IS array can be [...]
The U.S. Copyright Office and Library will reportedly no longer allow people to unlock their cellphones starting Jan. 26 according to a report by The New York Times. Click here to read the full Digital Millennium Copyright Act. What the act essentially says is that it will be illegal to unlock a phone from a specific carrier unless you have received the carrier’s permission to do so. Read more at http://www.autoworldnews.com/articles/3047/20130126/unlocking-cell-phones-becomes-illegal-bad-news-apple-iphone-5-samsung-galaxy-s-3-nokia-lumia-920-users-video.htm#lZdujLJVgA0SyHof.99 An Italian tourist has been thrown in jail for a night after claiming he had forgotten his wallet and couldn’t pay his bill at a swanky Manhattan steakhouse. Graziano Graziussi asked workers at the acclaimed Smith & Wollensky restaurant at 49th Street and Third Avenue whether he could leave his iPhone as collateral while he returned to his friend’s apartment 30 blocks uptown to grab his wallet, the New York Daily News reported. But workers [...] Apple has discovered multiple cases of child labour in its supply chain, including one Chinese company that employed 74 children under the age of 16, in the latest controversy over the technology giant’s manufacturing methods. An internal audit found a flipside to the western consumer’s insatiable thirst for innovative and competitively priced gadgets. It uncovered 106 cases of underage labour being used at Apple suppliers last year and 70 cases historically. The report follows [...] The clock to unlock a new mobile phone is running out. In October 2012, the Librarian of Congress, who determines exemptions to a strict anti-hacking law called the Digital Millennium Copyright Act (DMCA), decided that unlocking cellphones would no longer be allowed. But the librarian provided a 90-day window during which people could still buy a phone and unlock it. That window closes on Jan. 26. Unlocking a phone frees it from [...] Shares of former tech darling Apple (AAPL) tumbled 11% on Thursday in their largest selloff since the 2008 financial crisis as Wall Street worries the iPhone maker’s incredible growth pace may be over. The steep tumble leaves Apple at fresh 11-month lows and knocked the consumer-electronics giant off its perch as the world’s most valuable company by market capitalization, allowing ExxonMobil (XOM) to retake the top spot. The bad day for Apple comes [...] Apple gives all the pieces to figure out EPS, but you have to do it yourself. BTIG’s Walter Piecyk did the math and came up with a range of $9.23 – $10.23. When you see what Apple is actually guiding for EPS, it makes sense it didn’t want to just spell it out. This is relatively horrible guidance. Piecyk notes that it would be a 17% drop year over year at the high end, and a 25% drop [...] APPLE Faces First Profit Drop in Decade; IPhone Slows Apple Inc. Chief Executive Officer Tim Cook is feeling the heat. Eighteen months after taking over from Steve Jobs, Cook is facing rising production costs, competition from Samsung Electronics Co. and slowing growth in smartphones, threatening profits for the world’s most valuable company. An earnings report tomorrow may show that fiscal first- quarter net income slipped 2 percent to $12.8 billion, or $13.48 a share, according to analysts’ estimates compiled by Bloomberg. [...] from Bloomberg: Apple Inc. Chief Executive Officer Tim Cook is feeling the heat. Eighteen months after taking over from Steve Jobs, Cook is facing rising production costs, competition from Samsung Electronics Co. and slowing growth in smartphones, threatening profits for the world’s most valuable company. An earnings report tomorrow may show that fiscal first- quarter net income slipped 2 percent to $12.8 billion, or $13.48 a share, according to analysts’ estimates compiled by Bloomberg. That would be the first drop since [...] “BREAKING: Hazard City Police (KY) report there has been a shooting at the Hazard Community and Technical College. Reports of 2 people dead.” https://twitter.com/KyleGrainger/status/291332416105246720 Police: Two dead in shooting at Hazard Community & Technical College http://www.wkyt.com/wymt/home/headlines/Police-Shooting-at-Hazard-Community–Technical-College-187033371.html?mobile=yes&device=iphone
It’s about more than guns The warning signs of a tyrannical takeover of our Constitutional Republic have been flashing red for some time now and are now reaching a fever pitch. Despite the flashing signs, the clamor of the alarms and the cries of the watchmen, most Americans of this era remain in denial or have been rendered intellectually catatonic by busily chasing immediate gratification in the form of the newest version [...] A vigilante iPhone owner has tracked down a man who allegedly stole the gadget by using a location app – and then filmed their violent confrontation. Kenneth Schmidgall, a 26-year-old construction worker from San Diego, California, took the law into his own hands after the phone was taken at a reggae concert on December 28. After he repeatedly called the phone to no answer, he and his friend Greg Torkelson launched an iPhone app two [...] One of the reasons Apple’s stock has gotten clobbered lately is that many people think Apple has lost its edge in its most important product line: smartphones. The iPhone has been such a mind-boggling success that it drives more than half of Apple’s overall profit. And for most of the past five years, Apple has had a lock on the “best smartphone in the market.” In recent years, however, competitors have caught up with the iPhone. Some reviewers [...] NEW YORK (AP) – For New York City, it wasn’t an unusual sight: a possibly mentally ill woman pacing and mumbling to herself on an elevated subway station platform. The woman eventually took a seat on a bench Thursday night, witnesses later said. Then, without any warning or provocation, she sprang up and used both hands to shove a man into the path of an oncoming train. … “It’s a very tragic case, [...] Wristwatch could communicate with user’s iPhone via bluetooth Apple is believed to be secretly developing a ‘smart watch’ with a touchscreen. Chinese online sites have reported the computer giant is working with chipmaker Intel on a wrist-worn gadget that has a 1.5inch screen and uses Bluetooth to communicate with other gadgets, which could include an iPhone. The ‘iWatch’ will go on sale next year, the report [...] Synopsis This is our only way to prevent videos, photographs, and written articles which convey eyewitness testimony, discrepancies to the “narrative,” out-of-place-people/objects, “time slips” and/or intentional “time distortion,” and all other sorts of evidence! There are a number of terms to describe the new way the mainstream media manipulates the “news”….such as: Sometimes the media outlet will acknowledge their error, [...] A slightly embarrassing incident for French bank BNP Paribas. According to France24, the bank made a version of the famous “Downfall” parody, where Hitler is shown reacting to a series of modern day setbacks (his mortgage is underwater, his iPhone antenna doesn’t work, etc.). … Read more: http://www.businessinsider.com/busted-french-bank-showed-parody-hitler-video-to-motivate-top-employees-2012-12#ixzz2FtWI8L3k Christian Science Monitor The teenager opened her neighbor’s unlocked car, grabbed the iPhone off the armrest and ran home, a few doors away in her downtown neighborhood here. Perchelle Richardson still isn’t sure why she took the phone. Just five days earlier, for her 18th birthday, her mother had given her a standard, no-frills cellphone. But she loved the way iPhones looked, and her little brothers had seen this one [...] Apple Is Cut To Neutral By Citi Because It Doesn’t Think iPhone 5 Demand Is Great Apple is getting another price cut from a Wall Street analyst. But this time, there’s a twist. It’s also getting its rating cut. Citi’s trio of Apple analysts, Glen Yeung, Walter Pritchard, and Jim Suva, are cutting Apple’s price target to $575, and rating it neutral, down from buy. Previously, Citi rated Apple as a buy because they believed there would be [...] Apple dramatically cut its component orders for the first quarter of 2013, according to various reports, and this seems to be the biggest reason the stock is tanking today.
Jefferies analyst Peter Misek says iPhone orders were dropped to 25-30 million for the March quarter, down from the 35-40 million range, according to Forbes. UBS analyst Steven Milunovich said the same thing this morning, “supply chain checks indicate the iPhone build rate is falling [...] |
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