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Apple

J.C. Penney apologizes for former Apple exec's moves

J.C. Penney apologizes for former Apple exec's moves

J.C. Penney has launched a new ad campaign apologizing for the decisions made under Ron Johnson, its former chief executive and Apple's one-time retail chief.

The new ad, posted to YouTube, focuses people in different locations as a narrator acknowledges the company's recent mistakes that left customers unhappy and pushed revenue down billions of dollars.

"It's no secret, recently J.C. Penney changed," the narrator says over the ad. "Some changes you liked and some you didn't, but what matters from mistakes is what we learn. We learned a very simple thing: … Read more

Is Apple losing its edge to a cheaper, smarter tablet market?

Is Apple losing its edge to a cheaper, smarter tablet market?

At first glance, new numbers released by research firm IDC show that Apple has nothing to worry about regarding its control of the tablet market, but a closer look could raise some doubts.

While Apple is still the world's No. 1 tablet maker, Samsung is No. 2 and growing at a faster rate. Looking specifically at year-over-year growth from first quarter numbers, Apple grew by 65 percent -- not bad. But, Samsung grew by 282 percent, Asus grew by 350 percent, and Amazon grew by 157 percent.

The question is: Is this part and parcel of a bigger problem? … Read more

Keith Richards: Apple's iPod shortchanges customers

Keith Richards: Apple's iPod shortchanges customers

Keith Richards wearing white headphones would be like Josh Groban wearing a skirt.

Or Steven Tyler wearing men's clothing.

Somehow, it wouldn't seem right.

Fortunately, it is unlikely to happen, because the Rolling Stone who once fell out of a tree has revealed he doesn't own an iPod. … Read more

Larger-screen iPhone to launch in 2014 -- analyst

Larger-screen iPhone to launch in 2014 -- analyst

Apple launched the larger-screen iPhone 5 last year, but the company isn't done upping smartphone display sizes, according to one analyst.

Jefferies analyst Peter Misek wrote in a note to investors recently that he believes Apple's iPhone 6 will launch next year with a larger screen. According to the Canada-based Financial Post, which obtained a copy of the note, Misek didn't say exactly how big the screen size will be but said this year's launch -- the iPhone 5S -- will come with the same 4-inch display as its predecessor.

It would make sense that Apple … Read more

Jonathan Ive's keen eye for design to cause iOS 7 delay?

Jonathan Ive's keen eye for design to cause iOS 7 delay?

Jonathan Ive, Apple's senior vice president of industrial design and the visionary behind its hardware products, is taking his role as head of software design at the company very seriously, according to a new report.

Ive, just six months since taking over for ousted Scott Forstall as head of iOS design, has been going over the next iteration of the software, iOS 7, with a fine-toothed comb, Bloomberg is reporting, citing people who claim to have knowledge of the matter. His oversight and desire to dramatically change some parts of the software could cause the operating system to fall … Read more

Apple sells a record $17 billion in debt

Apple sells a record $17 billion in debt

Apple had a field day with its first debt offering since 1996.

Investors hungrily gobbled up $17 billion in Apple bonds, the largest offering in corporate history. The proceeds will be used to help fund the company's ambitious plan to return value to shareholders through share repurchases and dividend payouts.

The bond sale comes on the heels of Apple's plans to double its capital return program, which involves spending an additional $55 billion in dividend payments to investors. Apple also said it would be spending an extra $50 billion in repurchasing company stock along with increasing its quarterly … Read more

iPad Mini popularity burying regular iPad, claim suppliers

iPad Mini popularity burying regular iPad, claim suppliers

The iPad Mini appears to be trouncing the iPad in popularity based on estimates coming out of the Asia-based supply chain.

Of the 19.5 million iPads sold in Apple's second quarter (January to March), 12.5 million were iPad Minis, according to an estimate from Taipei-based Digitimes that cited sources. The publication defines the number as "shipments."

Of course, only Apple (which does not break down iPad and iPad Mini sales) knows the real number, but this jibes with shipment trends that DisplaySearch was seeing in December.

At that time, DisplaySearch expected Apple to sell 6 … Read more

Apple CEO Tim Cook to speak at D11 conference

Apple CEO Tim Cook to speak at D11 conference

Apple's top executive plans to make another rare public speaking appearance at a technology conference next month.

All Things Digital today said that Tim Cook will be a speaker at the outlet's D11 conference taking place at the end of May. Cook's predecessor, late Apple co-founder Steve Jobs, attended the conference in several previous years, and Cook headlined last year's show as well.

During last year's appearance, Cook noted that the company was "doubling down" on secrecy. He hinted at additional Siri features that would be unveiled a few weeks later. He also … Read more

Apple preps bond sale effort

Apple is readying a bond offering, its first since 1996.

The program, which The Wall Street Journal says could be finalized later today, is designed to help Apple pay for the more than $100 billion it plans to pay shareholders over the next few years.

Apple detailed initial plans for the program in a regulatory filing on Monday, and once again on Tuesday. It's a mix of notes and securities that mature beginning in 2016, and go through 2043, though Apple did not provide prices. Bloomberg suggests the total could go as high as $17 billion.

The bond sale … Read more

Apple, Samsung damages do-over trial set for November

Apple, Samsung damages do-over trial set for November

Judge Lucy Koh, who has presided over the Apple v. Samsung patent spat, has given a management order that a new trial will focus on recalculation of the $450.5 million award given to Apple in August.

Due to begin November 12, the new trial will decide whether the damage award was incorrectly given by the jury in the original patent dispute, according to a court filing. Koh has previously stated that the jury's damage award was incorrectly calculated in part, and only a new trial will determine the final amount to be awarded to the iPad and iPhone … Read more

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