Wall Street Journal Stories January 25, 2019

Bad news and Facebook seem be in perfect harmony over the past months, and the latest report might shine the social media in its worst light yet. Information from RevealNews uncovers how Facebook privately used phrases such as “Friendly Fraud” in internal memos in reference to children spending money on games without their parents permission.

Perhaps more troubling is how the report alleges the company pushed developers into allowing games to entice children to spend money without parental guidance in an effort to “maximize revenue”.

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Wall Street Journal Stories December 27, 2018

A report from the Wall Street Journal today details how Apple (AAPL) lost $9 billion this past year due to a single “underperforming investment” — itself. The report explains that after the surplus of cash the company had through Trump’s 2017 tax overhaul, Apple bought back AAPL shares at peak prices, essentially overpaying for themselves.

Even though AAPL yesterday saw its best single-day performance in over five years, the ~$10 gains made on the share price pale in comparison to the significant losses the stock saw over the past weeks.

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Wall Street Journal Stories October 29, 2014

iphone6

The Wall Street Journal reports that Apple is in early talks with “Iranian distributors” to bring the iPhone to Iran:

Apple Inc. is in preliminary contact with Iranian distributors about a possible entry into the country should Western sanctions ease sufficiently, people familiar with the matter said.

The report notes that financial and banking sanctions as well as political tension has thus far prevented companies like Apple from conducting business in Iran, but points to a policy change in May that lifted the ban on sales of “consumer communications technologies” in the country. The report goes on the claim that “senior Apple executives” have already met with “potential Iranian distributors” at Apple’s regional headquarters in London. expand full story

Wall Street Journal Stories October 27, 2014

Mark Gurman | 20:56 More: 

Mark Gurman | 20:56 Tim Cook says he is meeting with Alibaba executives later this week about a potential tie-up for AliPay and Apple Pay. Biggest news of the night from a financial perspective. 

Mark Gurman | 20:53 More on Classic going away: it wasn’t worth updating it. 

Mark Gurman | 20:52 Cook on cheaper iPhones: 

Mark Gurman | 20:51 Tim Cook on why the iPod classic was discontinued: 

Mark Gurman | 20:50 On to questions!

Mark Gurman | 20:48

Mark Gurman | 20:47 Cook explaining iOS security: Apple unable to give up FaceTime and iMessage records. The usuals. 

Mark Gurman | 20:41 More at 11…. 

Mark Gurman | 20:41 On Buybacks:

Mark Gurman | 20:37

Mark Gurman | 20:37 Cook on Mac vs. Windows. OUCH! 

“Would you rather own the Macintosh business or any of the Windows OEMs?” — Tim Cook

Mark Gurman | 20:37 Cook on iOS vs. Android:

Mark Gurman | 20:34

Mark Gurman | 20:34 Cook repeating his comments from 2011, 2012, and 2013 about TV:

“What we’ll do I don’t want to be so clear on,” Cook says. “But it’s an area of a lot of interest. And I’m optimistic … that there can be something great done in the space.”

Mark Gurman | 20:31 Some more lack of clarity from Tim Cook on Apple Watch battery life 

Mark Gurman | 20:31

Mark Gurman | 20:30 Wow! 

Mark Gurman | 20:30 Cook on his own personal life:

Mark Gurman | 20:29 Huge activation numbers for Apple Pay:

Mark Gurman | 20:29 More on Apple Pay:

Mark Gurman | 20:28 Cook on Apple Pay situation:

Mark Gurman | 20:28 More on Apple Watch:

Mark Gurman | 20:27 Another photo:

Screenshot 2014-10-27 23.26.55

Mark Gurman | 20:26 Cook on the Watch:

Mark Gurman | 20:25 Cook says Apple’s services division makes Apple ~18 billion dollars per year. 

Mark Gurman | 20:25 And more on Macs:

Mark Gurman | 20:25 Cook on PCs:

Mark Gurman | 20:24 The Verge has a pic:

DSC01576-1

Mark Gurman | 20:23 Cook on iPhone: 

Mark Gurman | 20:11 Interesting: 

Mark Gurman | 19:25 ~ Half hour to go 

Seth Weintraub | 18:55 More Hugo+Tim

Seth Weintraub | 18:53

Tim Cook next to (TOUCHING!) Xiaomi’s Hugo Barra

Mark Gurman | 18:53 Is that an Android phone? 

tim-cook-the-d11-interview

Cook’s previous wide-ranging interview

Following the announcement of a record earnings results, the debut of a pair of new iPhones, the launch of Apple, the introduction of new iPads, and the unveiling of the upcoming Apple Watch, Apple CEO Tim Cook is taking the stage in California at the Wall Street Journal’s inaugural WSJ.D Live conference. Cook could drop some juicy details behind Apple’s latest products and about Apple’s future, and we’ll be using this live blog post to share the latest details from the interview. You can find all tonight’s action below and follow us for more updates on Twitter:

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Reminder: Tim Cook and Greg Joswiak to appear at WSJ and Re/code tech conferences this week

Apple CEO Tim Cook is being interviewed by WSJ Editor in Chief Gerard Baker at the WSJ.D conference in Laguna Beach, on the topic of ‘Apple’s next chapter.’ Cook’s slot is in the opening session on the evening of Monday 27th October … 

Wall Street Journal Stories October 23, 2014

File photo of employees working inside a Foxconn factory in the township of Longhua

iPhone assembler Foxconn is apparently hoping to move beyond its relatively low-margin work into more profitable high-end component manufacturing in order to take a bigger slice of revenue from Apple, reports the WSJ.

Apple Inc.’s major assembler Foxconn is in preliminary discussions with a provincial government in northern China for an investment in a new factory that would make high-end screens for iPhones and other mobile devices, people familiar with the talks say.

Foxconn already manufactures some iPhone components, but currently only low-margin ones like metal casings and cables …  expand full story

Wall Street Journal Stories September 17, 2014

iphone6

The WSJ revealed some iPhone 6 production numbers as Foxconn struggles to meet demand from pre-orders: the company is operating around 100 production lines around the clock, has 200,000 workers dedicated to production of the iPhone 6 and iPhone 6 Plus – and is manufacturing 540,000 units a day.

“We have been churning out 140,000 iPhone 6 Plus and 400,000 iPhone 6 every day, the highest daily output ever, but the volume is still not enough to meet the preorders,” said a person familiar with the matter …

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Wall Street Journal Stories August 28, 2014

sapphire

An investment note we’ve seen from analyst and GTAT investor Matt Margolis claims that all 5.5-inch models of the iPhone 6 will come with sapphire screens, while the 4.7-inch model will get either sapphire or Gorilla Glass depending on the specification.

According to sources close to Foxconn’s manufacturing operations the iPhone 6 will come built with sapphire cover screens in both sizes. These sources have also indicated that the 4.7” Phone 6 is being assembled in two varieties, a sapphire cover screen version and a version featuring Gorilla Glass. At this point I do not know the approximate mix between the two cover screen options on the 4.7” iPhone 6. My latest check on the 5.5” iPhone 6 indicates that all units of the device are expected to come protected by a sapphire cover screen at this point …

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Wall Street Journal Stories August 25, 2014

iPhone 6 render

<a href="http://9to5mac.com/2014/07/03/latest-iphone-6-renders-compare-potential-gold-space-gray-and-silver-colors-gallery/" target="_blank">Latest iPhone 6 render</a>

We’re still just over two weeks away from the anticipated iPhone 6 event reportedly scheduled for September 9th where Apple is expected to debut the next generation of iPhone hardware including a more powerful, efficient A8 system-on-a-chip.

Worry not, though, about the next, next generation iPhone rumors, Apple watchers, as a report from Chinese publication Economic Daily News (via Digitimes) shares that TSMC, or Taiwan Semiconductor Manufacturing Company, plans to “advance volume production on its 16nm process” during the beginning of 2015 “with monthly output of 50,000 wafers” to deliver Apple’s A9 system-on-a-chip. expand full story

Wall Street Journal Stories August 14, 2014

iPhone-6-sapphire-cover-glass

<a href="http://9to5mac.com/2014/07/07/video-reportedly-shows-iphone-6s-flexible-sapphire-screen-cover/" target="_blank">Purported iPhone 6 sapphire cover glass</a>

A new report filed by The Wall Street Journal today is the latest to claim that Apple’s next generation of iPhones will sport sapphire displays. In addition to commentary from analysts over how the more expensive material could impact costs for Apple, the WSJ report includes the following tidbit:

Apple is considering using sapphire screens in more-expensive models of the two new, larger iPhones it plans to debut this fall, if it can get enough of the material, people familiar with the matter say.

Two things are notable in mention above. First, the WSJ mentions “two new, larger iPhones” as reports continue to describe both a 4.7-inch and 5.5-inch model to be introduced with the latter size possibly available after the former. Next, the WSJ describes sapphire displays as possibly only being available on “more-expensive models” of the new iPhones.

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Wall Street Journal Stories August 5, 2014

a7-apple

Samsung has been having some issues lately, reporting falling profits in the most recent quarter. Although most of this is due to shrinking growth in phone sales, where Apple continues to dominate in terms of profit share, Apple has also affected Samsung’s income from its microprocessor production business. With TSMC having exclusivity over Apple’s A8 production, to be used in the upcoming iPhone 6, Samsung’s outlook for ‘logic chips’ is also gloomy, as The Wall Street Journal highlights in a new report.

Samsung executives admitted on a recent conference call that the outlook isn’t so bright for this business.

“Sales and profitability from System LSI (logic chip business) worsened as demand from main customers continued to decline,” Robert Yi, Samsung’s head of investor relations said last week. His comments confirmed, albeit indirectly, how Apple’s gradual shift away from Samsung as a customer of microprocessors was eating into its profits.

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Wall Street Journal Stories August 1, 2014

apple-beats-music-1100x1100

The Wall Street Journal is reporting that Ian Rogers, the head of Beats Music, will now also lead iTunes Radio following the Apple acquisition. Apple wants to increase collaboration between both Beats Music and iTunes Radio by having both streaming services led by Rogers. Up to now, iTunes Radio has been headed by Jeff Robin’s team, best known for creating the software that became iTunes.

The Journal says that Rogers’ leadership will increase ‘cohesion’ between the services, which currently offer a lot of app in their end-user experiences. It is still unclear whether Apple has plans to consolidate the brands.

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Wall Street Journal Stories July 15, 2014

Chinese report claims iWatch to come in three models, sapphire and non-sapphire varieties

A report from the Economic Daily, which has had better reliability than most Chinese news sites (although should still be treated with relative skepticism), suggests that the iWatch will launch in three distinct models (via GforGames). Rumors of multiple iWatch SKU’s have been circulating for months now, including last month in the Wall Street Journal. Specifically, the report says that there will be one iWatch model with a 1.6 inch display and two different models featuring 1.8 inch panels. According to the report, one of the 1.8 inch models will feature a sapphire display.

Wall Street Journal Stories July 14, 2014

Apple employees are ‘swiped right’ on the least in Hinge app tech company survey

Apple employees are certainly Geniuses, but their colleagues across the technology company sphere don’t find them the most attractive, according to a survey compiled by app Hinge and shared by the Wall Street Journal. Hinge, which works similar to app Tinder but with a professional twist, allows users to swipe left or right on another person. You swipe right if you want to connect, and you swipe left if you don’t want to connect.

 

The survey indicates that people swiped right on Amazon employees 14.2% more than the average rate, Microsoft employees 8.2% above the average rate, Google employees 7.2% above the average rate, Facebook employees 2.3% above the average rate, and Apple employees 0.2% below the average rate. On the other hand, Apple employees swiped right 0.5% more of the time than the average user:

Wall Street Journal Stories July 10, 2014

a7-apple

Up to this year, all of Apple’s SoC’s have been manufactured by Samsung.

The Wall Street Journal is reporting that Apple has finally escaped Samsung’s grasp of iOS device CPU production. Although Samsung lost exclusivity last year, there was still doubts that TSMC would be able to follow through with their contract. According to this report, the manufacturer has succeeded and started shipping next-generation microprocessors for Apple’s devices (likely adorned with the ‘A8’ nomenclature) in the second quarter.

This marks a significant point in the production of the iPhone, finally allowing Apple to distance itself from Samsung in such a key area of its devices. The A8 chips use 20-nanometer production processes, according to the report. This compares favorably to the 28-nanometer process used for the A7, which should give better power efficiency and performance per watt. 9to5Mac previously reported that the A8 would focus on significant efficiency enhancements, rather than raw compute performance.

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Wall Street Journal Stories July 9, 2014

BsHjHTqCUAAZEAU.jpg-large

As expected due to their appearances on the guest list, Apple CEO Tim Cook and Senior VP of Internet Software and Services Eddy Cue are in attendance at this week’s Sun Valley media conference in Idaho. The WSJ’s Doug MacMillan shared the above photo of Cook walking around the Sun Valley resort. The Information’s Jessica Lessin spotted Cue, and the executive provided a witty response to Lessin’s question about TV deals:

Cue and Cook both attended the conference last year, and Cook attended as the sole Apple representative the previous year. Several Apple partners, including board member and Disney CEO Bob Iger, are also attending the event. Cook and Cue’s attendance comes in the months following the Cupertino-company’s blockbuster deal to acquire Beats, and perhaps the duo have plans to create new deals at this conference.

More photos of Cook at the conference below:

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Wall Street Journal Stories July 7, 2014

Tim-Cook-WWDC-01

The Wall Street Journal today published a brief profile on Apple CEO Tim Cook as the Cupertino-based company continues to be shaped in the image of Cook rather than co-founder Steve Jobs. The profile has some interested tidbits, but it is otherwise light on new information aside from information regarding Cook’s plan for the Apple Board of Directors. According to the report, Cook is “actively” looking to add fresh faces to the Board:

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Wall Street Journal Stories May 29, 2014

Wall Street

Judging by a roundup in The Wall Street Journal, analysts and investors appear not to share the enthusiasm for Beats acquisition express by Tim Cook and Eddy Cue. While Cook said he was “excited […] about this new chapter in our history” and Cue believed that “combining the two companies will help [music] grow again,” Wall Street is more skeptical.

“To see this kind of money spent for a company that gets most of its revenue from hardware business is not what we want to see,” said Dan Niles, chief investment officer of hedge fund AlphaOne Capital Partners …

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Wall Street Journal Stories May 16, 2014

62dfee0ajw1egghe747tjj20ii0oogmm

An image of an aluminium backplate for what looks like the rumoured, larger, iPad Pro has appeared on Weibo. Although details are unclear, not to mention incredibly sketchy, this looks like an aluminium mockup dummy unit, not an actual iPad part. The image was first spotted by NowhereElse.fr.

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Wall Street Journal Stories May 9, 2014

Jimmy Iovine and Dr. Dre Unveil Beats By Dr. Dre 2011 Holiday Product Line-Up

As part of the impending $3.2 billion Apple acquisition of Beats Electronics, Beats co-founders Dr. Dre and Jimmy Iovine will join Apple as senior executives, according to a new report from The Wall Street Journal

But as Apple completes a deal to buy headphone and streaming-service company Beats Electronics LLC from Mr. Iovine and his co-founder, rap star Dr. Dre, both men are likely to take senior positions with the Cupertino, Calif., tech company, according to people familiar with the matter, commuting from the Los Angeles area to Silicon Valley—or meetings elsewhere—as needed.

The report does not seem to indicate that the two men will be full-time employees. Rather, it seems possible that the pair will commute and take meetings as needed. In the modern world of technology, working remotely is not a far-fetched possibility. If the deal closes, Iovine is also expected to resign as Chairman of Interscope, a record label…

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Wall Street Journal Stories April 21, 2014

Game Center WWDC 2013

The Wall Street Journal has published a report saying that both Apple and Google are actively pursuing exclusivity deals with game developers. Whispers of these type of arrangements surfaced last year, with reports highlighting a partnership between Apple and EA for Plants vs Zombies 2.

The Journal confirms that Apple’s exclusivity deals do not include monetary payments. In return, the companies offer “premium placement” (such as featured spots on the home page) for launching first on their platform.

In regard to the Plants vs Zombies’ deal, the report says EA gave Apple agreed about two months of exclusivity.

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Wall Street Journal Stories April 2, 2014

Apple senior VP of marketing Phil Schiller was so concerned about Samsung’s Next Big Thing ad campaign, in which the company poked fun at Apple customers, that he emailed Tim Cook to suggest a change of ad agency to fight back – according to a claim by Samsung lawyer Jon Quinn.

The Verge reports that Quinn made the claim in his opening arguments in the patent trial in which Apple is accusing Samsung of violating five of its iOS-related patents.

Quinn says Schiller became “obsessed” with the campaign, writing CEO Tim Cook to suggest the company look into using another ad agency instead of its mainstay TBWA\CHIAT\DAY. That even led to Apple board discussions over the issue, Quinn added …

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Wall Street Journal Stories March 26, 2014

iPhone-born

Ahead of the latest Apple-Samsung trial, Apple is sharing some of the details regarding the creation of the iPhone with the WSJ. As an aside, Apple also shared a shot of the secret windowless room where the original iPhone meetings took place. The nondescript room is where most of the design decisions for the original iPhone’s software were made and is called “hallowed ground” to Greg Christie, who designs the software interface for products and one of the first members recruited to work on the device in 2004.

It doesn’t mean that the windowless room, lit by fluorescent lights hanging from the ceiling, looked like anything special. Christie recalled the walls had signs of water damage from a flood in an adjacent bathroom. A few images covered the walls including one of Apple’s “Think Different” posters of famous graphic designer Paul Rand and another of a large chicken running around without its head.

Inspiration comes in many forms.

Apple may be sharing this information to drum up public support before the trial. Or, perhaps more likely, Apple knows this information will come out in the trial and wants to “own” the story beforehand.

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Wall Street Journal Stories March 3, 2014

Apple adding hundreds of new engineers and operations staff in China to speed development of larger iPhones

Apple is on a mass hiring spree for Asian staff, beginning in the middle of last year, as noted by the Wall Street Journal. The Journal says that Apple is trying to speed up product development in China and Taiwan to help launch a larger lineup of devices. Apparently, the company is aggressively hiring away from HTC and other firms to form strong product teams in Asia.

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