Apple

Will Apple Report Its First Profit Drop Tomorrow?

Dark clouds are gathering above Tim Cook's head. Eighteen months after he took over the CEO position, Apple is expected to report a 2% drop in net income, or about $12.8 billion, the first drop according to Bloomberg's data – except one quarter in 2003 – and report the slowest growth rate since 2009 with...

Future iPhones, iPods and iPads May Be Waterproofed With Nano-Coating

Apple has been working on waterproofing its future iOS devices for the past couple of years. Latest evidence regarding the company's efforts in this regard came from an Apple patent filing made public by the US Patent and Trademark Office in 2012. Today, a British firm P2i's Stephen Coulson has told CNN that they have developed a "liquid repellent...

Steve Jobs’ Home Burglar Sentenced To 7 Years In State Prison

Apple co-founder and former CEO Steve Jobs' home became a victim of burglary last year in August, in which several computers and personal items worth more than $60,000 were stolen. Kariem McFarlin, who was arrested and charged with residential burglary, has today been sentenced to seven years in state prison by a Santa Clara County Superior Court judge (via Palo...

Apple Submits iPad Trademark Application in China

Patently Apple reports that Apple has filed for a new iPad trademark in China to further protect their key tablet trademark in the country. On Friday, the Cupertino company submitted two designs to China's Patent and Trademark Office covering one black and white iPad, and the other in full color. (more…)

Al Gore Buys 59,000 Apple Shares For Just $7.475 Per Share

According to a filing with the Securities and Exchange Commission, former Vice President and Apple board member Al Gore has bought 59,000 shares of the company for just $7.475 per stock by exercising his Apple stock options, CNET reports. Gore's total investment in Apple is now worth around $29.5 million. The report notes that Al Gore paid around $441,000...

Employee Reveals Why Apple Acquired Lala Music Service

Aubrey Johnson, former employee at Color video streaming service that was Acquired by Apple last year, has revealed in a blog post why the Cupertino company acquired Lala music service having already bought Color Labs, both of which were founded by veteran Bill Nguyen (via MacRumors).  Johnson says that Apple wanted to take advantage of Lala's...