Apple Inc ▪ Yesterday

AAPL: 111.60

Stock Chart

Some users on Reddit and Twitter are reporting that iTunes and the App Store are down. Other are able to access normally, suggesting that the issue is either small-scale or intermittent. Apple’s status page is not yet showing an issue, though it is common for Apple to be very slow to update the page.

The issue doesn’t seem to be specific to any one country, with reports from the U.S., Europe and Asia (including me in the UK) …  expand full story


A New York federal judge has indicated that he is likely to refuse a government request to compel Apple to unlock a customer’s iPhone, but will first ask Apple to explain why decrypting iPhones would be “unduly burdensome.” The iPhone concerned is apparently not running iOS 8 or 9, and so Apple would have the technical ability to decrypt it.

The Washington Post reports that Magistrate Judge James Orenstein of the U.S. District Court for the Eastern District of New York is an activist judge who is believed to be attempting to open up public debate on the issue of privacy versus law enforcement …  expand full story

Steve Jobs, the controversial Sorkin/Boyle not-quite biopic, achieved the highest opening weekend Per-Theater Average (PTA) of any movie this year, reports Deadline. The movie also gave director Danny Boyle the best ever weekend average of his career.

The feature grossed sizzling $520,942, averaging $130,236. By comparison, Boyle’s Oscar-winning Slumdog Millionaire (2008) grossed over $360K in 10 theaters its debut weekend, averaging $36K. The drama about the Apple founder, adapted by Aaron Sorkin, easily outpaced Sicario‘s $67K debut PTA.

It’s not an all-time record, though …  expand full story

Apple Inc ▪ October 9

AAPL: 112.12

Stock Chart

While research firms IDC and Gartner disagree on whether Mac sales are falling or rising, they do agree on two things: Q3 Mac sales were at their most sluggish for two years, but still well ahead of the rest of the PC industry.

Ahead of new retina 4K iMac and likley accessories launch next week, IDC estimated that Apple sold 5.3M Macs in Q3 2015, a year-on-year fall of 3.4%. Gartner instead estimated 5.6M sales, representing a 1.5% increase. Both firms did, however, agree on two pieces of good news for Apple …  expand full story

Apple Inc ▪ October 8

AAPL: 109.50

Stock Chart

The revamped Apple TV set top box and iPad Pro will both begin showing up in Apple Retail Stores for sale during the first week of November after going on sale via Apple’s website in late October, according to reliable sources. It is also likely that the first online orders of both products will reach customers in early November.

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Speaking at the Vanity Fair New Establishment Summit in San Francisco, Jimmy Iovine said that “Apple has taught me not to give out numbers [but] I wouldn’t be here if it weren’t doing well.”

Iovine said that while a free ad-supported tier could allow the company to rapidly acquire subscribers, a tactic popularised by Spotify, that wasn’t a route Apple wanted to take …  expand full story

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