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Apple Cash

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Apple reported solid earnings this past week, printing so much money it may soon catch up to the federal reserve.

The digital giant's cash and investments during the past quarter jumped to 206 billion. That's a staggering 33% increase from the same period a year ago. 63% of its revenue came from selling millions of its popular $650 phones to consumers who continue to upgrade to the latest version.

According to an interesting statistic from USA Today, Apple would have enough cash to give every American $650 apiece, which is remarkably close to the retail price of an iPhone. And Apple keeps increasing its pile of cash, even while trying to get rid of it with stock buybacks and dividends to investors.  read more »

Apple's Event

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It looks like the Apple tree is getting ready to shake a little something off its branches.

Recently the Silicon Valley powerhouse announced that it was holding an event on March 9th in San Francisco. And true to form the company revealed very little about what people can expect. So of course speculation is running wild with most analysts agreeing that it will have something to do with the Apple Watch.

So far we know that it's being released in April with prices starting around $350. What we don't know is how much accessories and the higher end models with 18-karat gold and sapphires will cost. CNet is also reporting that Apple might reveal the apps that will be available and confirm how long the battery would last.  read more »

Tim Cook

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With a new man in charge; Apple is starting to taste a little different.

Tim Cook became CEO of Apple in August of 2011; six months before former co-founder and reigning CEO Steve Jobs passed away. Now he’s starting to put his own handprint on the company; and some people say his methods are the direct opposite of what jobs would have done.

For example Apple is close to signing a $3.2 billion dollar deal to purchase the music company “Beats Electronics.” On the other hand Jobs had so much confidence in the products his company developed that he saw little sense in spending large amounts of money on acquisitions. Cook is also focusing on improving labor conditions and returning $130 billion to shareholders.  read more »

Tim Cook

Tim-Cook-to-be-declined-Double-Salary-Bonus-by-Apple.jpg

With a new man in charge; apple is starting to taste a little different.

Tim Cook became CEO of Apple in August of 2011; six months before former co-founder and reigning CEO Steve Jobs passed away. Now he’s starting to put his own handprint on the company; and some people say his methods are the direct opposite of what jobs would have done.

For example Apple is close to signing a $3.2 billion dollar deal to purchase the music company “Beats Electronics.” On the other hand Jobs had so much confidence in the products his company developed that he saw little sense in spending large amounts of money on acquisitions. Cook is also focusing on improving labor conditions and returning $130 billion to shareholders.  read more »

Martha Vs Apple

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She might be the queen of do it yourself but there are some things even Martha Stewart can't fix.

Recently Martha Stewart dropped and shattered her iPad. But instead of taking it to one of the multiple Apple stores around she headed to her next closest computer screen and shared her frustrations on Twitter.

She told her 29 million followers what had happened and asked if she was supposed to call Apple so someone would come fix it. Apparently they didn't; because the next day she tweeted that she was still waiting for an Apple representative to come pick up the iPad. A few minutes later she tweeted quote no action yet end quote.  read more »

Apple to the Core

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Has Apple turned into forbidden fruit, or is now the time to take a bite?

Once every investors favorite stock, Apple has fallen out of favor on Wall Street and Main Street. It's stock is down more than 42% from its high of $750 a share. It's recently been trading well below $400 a share. Simply put its upward momentum is broken.

Reasons from pundits include the death of co-founder Steve Jobs, fierce competition in tablets, phones and laptops. Its profit margins are lower and it has a lack of new sexy products it can hype to get consumers excited again. But Apple still has an incredible $137 billion in cash on hand.  read more »

Lost in Australia

Apple is still sending people in the wrong direction and they’re being left high and dry in some bad locations.

Police in southeastern Australia have contacted the Silicon Valley powerhouse after a handful of tourists became stranded in a national park. They say the travelers were trying to get to the town of Mildura. Instead Apple maps directed them to an untouched area of Murray Sunset park.

Police say people were stuck in the snake infested desert in the blazing heat for hours. In some cases travelers had to make do without food or water until rescued. Police say people were too afraid to get out of their cars and start walking after spotting snakes, foxes and other breeds of wildlife.  read more »

Facebook's New Friend

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Facebook is losing friends on the stock market; now it’s hoping a slice of Apple will change that.

Since it went public Facebook’s stock has dropped to under $30 a share. This is down almost 25% from its initial public offering. So to help give the social site a boost apple is building Facebook into its iPhone and iPad software. The announcement was made earlier this week at the Apple developer’s conference in San Francisco.

With the next version of this software users will be able to update their Facebook friends on their every move by talking directly to their phones. The new operating system will also allow people to “like” various movies and apps in the iTunes store.  read more »

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Apple's New Flavor

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The new iPad is here and you’re probably going to want one.

Earlier this week in San Francisco, Apple’s new CEO Tim Cook unveiled the iPad. Yes it’s simply being called the iPad and despite the same name as the first version the tablet has evolved. As expected the new model has a bigger and brighter display with double the amount of pixels. The new iPad also has more muscle with a processor four times more powerful than the iPad two.  read more »

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Apps for Apes

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Apple has a new fan base and it’s a little primitive.

The conservation group Orangutan Outreach is launching a new program called “Apps for Apes.” It will provide orangutans with iPads so they can communicate with each other all over the world using the tablet’s video chat technology.  read more »