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Einhorn to Apple: Time to Pay the Piper February 22, 2013
Hedge fund manager and rogue Apple investor David Einhorn hosted a conference call for shareholders Thursday as he continued his campaign to steer more cash from the company's balance sheet toward investors. Einhorn, a manager at Greenlight Capital, used the call as part of his broader strategy to pressure Apple to issue a stockholder dividend rather than let the company's $137 billion lay idle.
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iWatch-y Patent Greases the Gears of Concept Designers February 22, 2013
After revolutionizing the world of portable music with its iPod and creating the need for apps for just about everything with its iPhone, Apple could be looking to make time with an iWatch. While the device won't likely change the way people interact with the Earth's rotation, it could put numerous functions on the wearer's wrist. Or it might just be some old vaporware.
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China Defense Ministry Blasts Mandiant Hacking Report February 21, 2013
China's defense ministry staged a news conference Wednesday to deny and decry a report that the People's Liberation Army was engaged in cyberwarfare against U.S. corporations, organizations and government agencies. The denial specifically addressed the bombshell Mandiant hacking study, which declared that the PLA's Unit 61398, located near Shanghai, was one of the world's "most aggressive computer hacking operations."
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'Sophisticated' Hack Trapped Apple, Facebook, Says Dev Forum February 21, 2013
The owner of the iPhoneDevSDK website involved in a major Java hacking incident has given his side of the story, saying a single compromised administrator account was the cause of internal computers at Apple and Facebook being infected after their users visited the site.
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Apple Plants Seeds of Growth in China, India February 20, 2013
President Obama gave Apple some special attention last week when he mentioned the tech giant in his State of the Union address, praising it for bringing more of its manufacturing stateside. After the president's statements, cameras focused on Apple CEO Tim Cook, who was a guest of the First Lady.
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Flaws in iOS 6.1 May Bruise Apple's Business Appeal February 15, 2013
Recent flaws found in Apple's mobile operating system, iOS 6.1, are raising questions about whether they could tarnish the iPhone's appeal in the enterprise. Since its arrival in January, Apple has had to push a number of updates to fix problems with the OS. It released a minor upgrade, version 6.1.1, to address a connectivity issue with devices using the software.
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The Patient and Telling Vocabulary of Apple CEO Tim Cook February 14, 2013
Apple CEO Tim Cook is growing on me. His reputation comes from being an operational genius, a guy who could manage supply chains and factories around the world, and connect them with suppliers and distributors and all sorts of trucks, boats, planes and trains to get products into the hands of customers.
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Apple's Cook: We're Not Done Innovating Yet February 13, 2013
Despite a stock drop, a lawsuit from a hedge fund manager and questions about future products, Apple CEO Tim Cook told the audience at a Goldman Sachs technology conference Tuesday that innovation remains "deeply embedded" in the company's culture, and that it has "never been stronger."
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Telling the Time May Be Apple's Next Big Thing February 12, 2013
Apple is reportedly developing a smart watch made of flexible curved glass that will do more than just tell time. The device would run on iOS, but beyond that it's unknown what an Apple smart watch would be able to do -- for example, which apps would be accessible, whether it would receive notifications, or if it could support Siri or GPS functionality.
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Dell Goes Private - Should Apple Follow? February 11, 2013
I'm not asking the question, "Could Apple follow?" because the amount of cash that would need to be raised would be mind-boggling. Most thought that taking Dell private was impossible, and once you get past "impossible," degree doesn't make that much difference. With Apple stock down sharply, the opportunity may increase to eliminate the impossible part.
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Hedge Fund Magnate Takes Apple to Court February 08, 2013
Apple's cash hoarding has always annoyed some of its investors, but Thursday one of them decided to bet on a unique solution. David Einhorn, a hedge fund operator with a history of staunch support for Apple, filed a lawsuit against the company in an attempt to block its board from giving away its power to issue preferred stock.
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Nearly a Million iOS Apps and Discovery Still Sucks February 07, 2013
There are well over 800,000 iOS apps in the App Store, 300,000 of which are native to the iPad, and I'm constantly surprised and irritated at Apple's inability to help its customers discover great apps. Of course, maybe it's just me. Maybe I'm the only one who actively goes into Apple's various App Store points of entry -- iTunes, iPad and iPhone -- only to walk away without downloading anything.
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Apple Opens Its Arms to Self-Publishing E-Book Authors February 06, 2013
Apple has staked out some precious ground in the e-book battle with Tuesday's debut of Breakout Books, a new section in the iBookstore. This move is a no-brainer for Apple as it seeks to match what Amazon is doing with its Kindle platform, said Ben Bogardus, an assistant professor of journalism at Quinnipiac University.
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Apple May Be Prepping an iOS Makeover February 06, 2013
Changes to Apple's operating system and user interface might be under way, with the company restructuring the design side of operations. Since Scott Forstall, the former vice president of iOS, left the company last fall, Apple has posted job openings that indicate it is looking for employees to help "reimagine" its mobile operating system.
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Foxconn Pledges to Give Workers Greater Say February 06, 2013
Foxconn, the Chinese manufacturing firm that assembles Apple's iPhone, said it is implementing labor reforms in an attempt to address allegations of harsh working conditions and low wages. The Taiwan-based company, which assembles products for several major technology companies, has faced scrutiny from fair labor advocacy groups in the past.
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After Nearly 30 Years, Apple Fans Still Flock to Macworld February 01, 2013
In the days before Apple split with Macworld, fans of the company's products used to pack the event in feverish anticipation of watching Steve Jobs tell them what new goodies his company had in store for them. How things have changed: The show has a new name, Macworld/iWorld, and an actor who will be playing the late Jobs in an forthcoming biopic took center stage.
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There's More Behind Apple's Blithe iPad Release Than Meets the Eye January 31, 2013
Apple's corporate communications department is an oxymoron -- it barely communicates at all, at least through traditional methods like press releases. If you consider the high-profile nature of Apple, the number of products, the competition, as well as the sheer size of the company, it's odd that it puts out just a handful of press releases a year.
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Apple Makes Play for Even Higher-End Tablet Niche January 30, 2013
Apple revealed a new version of its iPad Tuesday, a 128-GB version that comes with twice the storage capacity of its previous high-end tablet. The newest iPad is still under the fourth-generation iPad umbrella, and will have the same features as its predecessors, including a 9.7-inch Retina Display, an HD camera and an A6X chip.
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If a Photo Is Worth 1,000 Words, Vine Gives Tweeters at Least 6,000 January 28, 2013
While Twitter allows users to communicate in 140 characters or less, its new app Vine extends and enhances that brevity while retaining the social networking roots of Twitter. So what is Vine, exactly? It's a service that lets you take super short video clips and share them with the world of Vine users. Plus, it lets you connect Vine to your Twitter feed.
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Analysts: Apple Should Stand Its Ground January 25, 2013
Apple's stock price got hammered Thursday following a financial report that spooked investors with dipping earnings. Despite climbing revenue, the company reported a profit of just $13.08 billion in the quarter ending Dec. 31. That compares to $13.06 billion during the same period a year ago. Earnings for the period dropped to $13.81 a share from $13.87, even though revenue increased 17.7 percent.
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