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Apple and Google take divergent paths on Wall Street

Apple and Google are on a collision course. The two tech giants are battling to win the hearts and minds of users on the go and in the cloud with their various products, services, and platforms. But as far as Wall Street is concerned, Google is ascendant and Apple is waning.

According to a Citigroup report, Google has replaced Apple as the top holding by the largest U.S. mutual funds. At one point it was Apple that was heading for a $1,000 stock price -- now it's Google. Wall Street is valuing the future potential of Google'… Read more

iPad Mini to drive lower-cost tablets, says analyst

The second-generation iPad Mini will force tablet vendors to continue to drop their prices, says J.P. Morgan analyst Mark Moskowitz.

In an investors note out today, Moskowitz raised his 2013 tablet sales forecasts based on a boost from the Mini and other low-cost tablets.

The analyst now expects tablet unit sales to grow by 65 percent this year, up from a prior estimate of 53.5 percent. Overall tablets revenues are likely to rise by 33.2 percent, compared with the previous projection of 32.5 percent.

Apple will be the major beneficiary of those higher tablet sales. In … Read more

Samsung's investment in Sharp could prick Apple

Apple just can't get away from Samsung.

With Apple reportedly trying to reduce its reliance on Samsung, things just got a bit harder with the Korean company investing $111 million for a 3 percent stake in another big Apple supplier: Sharp.

While Samsung says it won't get involved with Sharp's business management in "any way or form," it will be getting a "steady" supply of LCD (liquid crystal display) panels used for smartphone and tablet displays. And it probably will get a line of sight into Sharp's future products and customers, as … Read more

iPhone 5, iPad demand may be softening, says analyst

Are the iPhone and iPad losing some of their steam? At least one analyst thinks so.

Citi analyst Glen Yeung believes that end-user demand for the iPhone 5 and the iPad are declining. In an investors note out today, the analyst pointed to a reduction in component orders from Apple suppliers as the cause for his bearish assessment.

"In conducting our regular field work with the hardware supply chain, we again find evidence of reduced demand to Apple's suppliers for iPhone 5 related components," Yeung said in his note. "While production does not directly translate to … Read more

Apple rolls out iBookstore in Japan

Japan is the newest country to get Apple's iBookstore. The tech giant announced today that it is rolling out a diverse array of books for Japanese readers in its iTunes bookstore.

"We're excited to launch the iBookstore in Japan with a wide selection of Japanese publishers and authors," Apple's senior vice president of Internet Software and Services Eddy Cue said in a statement today. "We think customers are going to love how engaging and interactive the books are to read, and how beautiful they look on iPad."

The books range from novels to … Read more

iPhone 5S rumored to launch in August, new iPads in April

The iPhone and iPad rumor mill continues to heat up.

Apple is reportedly prepping the iPhone 5S for a summer release, mostly likely in August, "sources familiar with the plans" told blog site iMore. The next iPhone would sport the same design as its predecessor but with a beefier processor and better camera.

People awaiting a new iPad could get some satisfaction as early as next month, according to the sources.

An "April-ish" launch for the next-generation iPads, most likely the iPad 5 and the iPad Mini 2, is seriously being considered by Apple. From that … Read more

An anxious planet awaits Apple's iWatch or iWhatever

On October 23, 2001, Steve Jobs introduced the iPod. "With iPod, Apple has invented a whole new category of digital music player that lets you put your entire music collection in your pocket and listen to it wherever you go," he said. "With iPod, listening to music will never be the same again."

On January 9, 2007, the iPhone made its debut. "iPhone is a revolutionary and magical product that is literally five years ahead of any other mobile phone," Jobs said. "We are all born with the ultimate pointing device -- our … Read more

Deep breath! HeartMath turns iPhone into de-stressing tool

I'll be honest. Vague phrases like "inner balance," "emotional resilience," and "coherence zone," all of which HeartMath uses to describe its new heart rate monitor and corresponding app, aggravate me a bit. After test-driving the product this week, however, I can overlook the language.

Think of the system as a mobile meditation guide. Available as of yesterday on iTunes, HeartMath's free Inner Balance app works exclusively with its Inner Balance earlobe sensor for iOS ($99), which is available at the company's online store or through many major retailers. It uses emWave technology to show the user's heart rhythm pattern (HRV) and trains the user to change that pattern to a healthier, "coherent" state.

The system is easy to set up and, more importantly, use regularly. After installing the app, simply clip the sensor to your earlobe, plug it into your iPhone or iPad using a standard 30-pin connector (you'll need a Lightning-to-30-pin adapter for iPhone 5), and tap the screen to start.… Read more

Einhorn's hedge fund drops suit against Apple

Here's one less lawsuit for Apple to worry about.

David Einhorn's Greenlight Capital said it has dropped its suit against Apple that sought to block the electronics giant from bundling several proposals together for shareholder vote. The particular issue revolved around preferred shares -- Apple's proposal would eliminate its ability to issue "blank check" preferred stock without investor approval, but Greenlight wants Apple to consider issuing such shares.

A judge sided with Greenlight last week, which caused Apple to drop the proposal from its shareholder vote. Apple ultimately hosted its annual shareholder meeting earlier this … Read more

Apple wants to make super-secure magnetic mount for iPad

Apple wants to make a magnetic stand for iPads that will hold the tablet securely in place, while also allowing for quick removal when needed, according to a patent application published today.

Spotted by Patently Apple, the application includes images of various tablet mounting situations, including inside cars, on tripods, treadmills, and on a music sheet stand. Apple even thinks the technology could be used to connect two iPads with a magnetic hinge.

Apple writes in the application:

Tablet devices are used in an increasingly wide range of applications. In many of these applications a way for conveniently mounting the … Read more