Analyst sets $1,001 price target on Apple shares
NEW YORK (AP) — A Wall Street analyst is setting the highest price target yet for Apple shares, valuing them at $1,001 each, or 63 percent more than their current price. Topeka Capital Markets analyst Brian White says the Cupertino, Calif., company’s current stock pricedoes not reflect its rapid growth in the last years, nor its future growth prospects. He’s basing his price target on his [...]
Angry Birds Space Now Available for Download
by Stan Schroeder Fans of the Angry Birds franchise, take notice: the disgruntled feathery creatures have conquered space, and they’re out to show those dastardly pigs a lesson. The latest installment of this megapopular game, Angry Birds Space, is now available for iPhone, iPad, iPod touch and Android devices, as well as the Mac and PC. [...]
Crowds storm stores for Apple’s next iPad
By Brett Molina, USA TODAY Thousands of eager consumers braved long lines across the globe in hopes of securing Apple’s highly-anticipated new iPad. Apple stores in 10 different countries including the U.S. opened their doors at 8 a.m. local time, clapping and cheering for customers as they walked out with one of their third-generation tablets. PHOTOS: Apple’s [...]
Apple’s Siri not as smart as she looks, lawsuit charges
by Josh Lowensohn SUMMARY: A new lawsuit seeking class action says Siri doesn’t work anywhere near as well as Apple’s TV ads suggest. Apple’s been a little overzealous in the way it’s advertised Siri, the voice assistant feature found on the company’s latest iPhone, a new lawsuit claims. iPhone 4S buyer Frank Fazio says the software feature simply didn’t [...]
Apple loses bid for injunction against Amazon
by Steven Musil A federal judge has denied Apple’s request to immediately stop Amazon from using the term “Appstore” to describe its digital downloads storefront. In an 18-page opinion filed today with the U.S. District Court for Northern California, Judge Phyllis Hamilton denied Apple’s request for a preliminary injunction preventing Amazon’s use of the term, which [...]
Your iPhone’s watching you. Should you care?
by Josh Lowensohn and Elinor Mills A peek at location data stored on an iPhone. (Credit: Josh Lowensohn/CNET) Researchers announced today that they found what look like secret files on the iPhone that track user location and store it on the device, without the permission of the device owner. It’s unclear what the data is [...]
BlackTab Could Kick RIM Into Gear Again
By Rob Spiegel The upcoming tablet computer from Research In Motion — unofficially dubbed the “BlackPad” — is the company’s next new hope for revitalization. Although RIM still holds a dominating position in the smartphone market with particular strength in the enterprise, it’s latest offerings look pretty pale next to iPhones and Androids. RIM hopes [...]
Apple starts selling iPhone 4 in China
By Li Jing Apple announced on Sunday that it is beginning to sell its new iPhone 4 in China. Chinese consumers will have option to buy the phone with or without contract. The smartphone will be sold at retail at 4999 yuan (16GB model – something around $ 1,290) and 5999 yuan (32 GB, about [...]
Apple loosens its chokehold on app development
By Stacy Cowley NEW YORK (CNNMoney.com) — Apple is loosening its grip on its app development for its mobile devices, announcing Thursday that it will drop restrictions on what programming tools developers can use to create iOS apps. The company also dropped a ban on certain in-application ad serving tools that had effectively cut off Google’s [...]