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Sept. 10

Four 'Sept. 10' stories August 2013
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Poll: Which iPhone 5S/5C color would you choose?

Avatar for Jordan Kahn Aug 26 2013 - 8:22 am PT
10 Comments

Rumor has it Apple is about to introduce an iPhone 5S alongside a new lower-cost iPhone 5C at an event early next month. On top of a fingerprint sensor and iOS 7, it’s also expected to introduce new color options for the device for the first time. We’ve already reported that Apple has plans to introduce a new gold color option for its next generation iPhone and, if leaks are to be believed, the lineup will also include a selection of iPod-like colors for the lower-cost iPhone 5C. A report this morning claimed that Apple could even introduce a fourth grey or ‘graphite’ color iPhone 5S pictured above, but we’re skeptical to say the least.

Will Apple’s new iPhone colors be a hit with consumers? Or will you be sticking with the classic white or black iPhone when it comes time to upgrade? Let us know in the polls below:

iPhone 5S:

iPhone 5C:

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Apple opens iWork for iCloud beta to all users ahead of expected public release this fall

Avatar for Jordan Kahn Aug 23 2013 - 6:11 am PT
6 Comments

After first announcing its new iWork for iCloud productivity suite back in June at WWDC, Apple has been slowly rolling out access to more people ahead of a public beta release scheduled for this fall. It first extended the privilege to developers, then Apple employees, and in July started sending out invites to select non-developers. Today, several tips note that Apple now appears to be letting in anyone with an Apple ID despite not sending out invites or officially announcing a public beta. We’ve confirmed access to the beta on a non-developer account, but let us know in the comments if you’re unable to get in.

Following the unveiling of the new iWork for iCloud suite, we speculated that Apple could possibly move to make its other iWork suite of apps on iOS and Mac available for free. Our thinking: it’s hard to imagine Apple allowing users to create documents for free on iCloud but not seamlessly transfer from iOS to Mac without having to throw down $30 for the three iOS apps. Adding even more weight to that theory, Apple was briefly showing the apps listed alongside the collection of free Apple apps that it presents most users with when launching the App Store on their iOS device for the first time.

Apple previously announced it was planning on releasing a public beta for iWork for iCloud this fall but perhaps is opening the beta today to help beta test the apps among a larger group of users ahead of an official announcement. Apple is expected to unveil new iPhones at an event next month on Sept. 10, and there is a possibility we’ll hear more about iWork for iCloud alongside details for Mavericks and possibly the new Mac Pro.

New photos claim to show Apple’s rumored gold color option for iPhone 5S

Avatar for Jordan Kahn Aug 16 2013 - 10:48 am PT
20 Comments
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Following several recent reports claiming that Apple was preparing to introduce a new gold color option for the next iPhone in addition to multiple color options rumored for a new low-cost iPhone, today MacBoutic (via Engadget) posted images allegedly showing the gold-colored back casing for the device.

Yesterday KGI’s Mingchi Kuo was the first reliable source to report that a next-generation iPhone would include “golden casing” alongside a new 128GB option. Previously, less reliable sources claimed also claimed that Apple had a gold iPhone in the works. Kuo also added that the next-generation iPhone will include “a sapphire home button with fingerprint  sensor,” something we’ve heard several times in recent months.

Curiously, the source of today’s photos says it “deliberately blurred the “Apple” logo and the words “iPhone” on the back” of the device.” It’s worth pointing out that we have no way to confirm if these are the real deal (we’ve certainly seen a lot of fakes floating around), and it’s easy to get your hands on color conversions that typically don’t include the Apple logo and other iPhone markings.
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AAPL hits $500 for the first time since January following Icahn investment

Avatar for Jordan Kahn Aug 14 2013 - 9:06 am PT
4 Comments
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Following comments from billionaire investor Carl Icahn that he had taken a “large position” in Apple and discussed a larger buyback with Apple CEO Tim Cook, Apple’s stock experienced a new six-month high of over $488 per share. Today, AAPL continues to climb and has passed the $500 mark for the first time in nearly eight months since January 23rd.

In an interview with The Wall Street Journal yesterday, Icahn noted that he expects Apple shares will soon rise above $600 and explained his proposal for increasing the stock buyback:

“This is a no-brainer to go buy stock in a company that can go borrow” at a low rate, Mr. Icahn said in an interview. “Buy the company here and even without earnings growth, we think it ought to be worth $625,” he said, referring to the stock price, which closed Tuesday at $489.57, having risen 5% on the news of Mr. Icahn’s investment.

Mr. Icahn’s thesis rests on Apple borrowing at about a 3% interest rate and buying back shares right now, likely at around $525 a piece. A stock buyback can increase earnings per share by reducing the number of shares outstanding.

While Icahn didn’t provide any financial details, WSJ adds that sources say his stake in Apple is now worth over $1.5 billion.
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