Jimmy Iovine may be leaving Apple after the shares he acquired as part of the $3 billion Beats deal vest fully later this year. According to Variety this morning, the executive stands to make a small fortune as soon as his Apple stock fully vests in August 2018.
Two major investors on Monday issued an open letter to Apple, titled “Think Differently About Kids,” to urge the Cupertino company to do more to protect children from smartphone addiction and potentially improve the parental control features on iPhone and iPads.
Apple has placed a straight-to-series order for the docuseries "Home," reports Variety. Citing sources familiar with the iPhone maker's plans, the outlet says the company has ordered 10, 1-hour episodes of the show, which offers a never-before-seen look at the world's most extraordinary homes and their builders.
Jimmy Iovine is leaving Apple later this year, according to a new report from Billboard. Citing sources familiar with the matter, the outlet claims the executive plans to leave the company in August, after the shares he acquired as part of the Beats acquisition fully vest.
Apple on Thursday announced that the App Store saw a record-breaking $300 million in purchases on New Year's Day. The feat capped off an impressive week for the Cupertino firm's digital storefront, which saw nearly $900 million in sales during the 7-day period starting on Christmas Eve.
Apple is in some hot water in Brazil over the recent battery controversy. Reuters reports that a Brazilian state agency responsible for consumer issues has notified the Cupertino company that it must explain how Brazilian iPhone owners will be able to buy battery replacements at lower prices.
Apple on Tuesday announced that it will be sharing its earnings for its first fiscal quarter of 2018 on the first of February. The company has scheduled a conference call with analysts and investors to share the results on Thursday, February 1 at 2pm PT (5pm ET).
Apple has acquired Canadian startup Buddybuild, according to a blog post on the company's website. The firm has developed a "continuous integration, continuous deployment, and user feedback platform for development teams," and they will be joining the Xcode team at Apple.
Last week, and following the iPhone performance throttling fiasco, Apple announced it would replace batteries of iPhone 6 and newer devices for a discounted $29. At the time, it was understood that to qualify for the battery replacement, your iPhone had to go through a battery diagnostic. That diagnostic would then dictate whether your battery was bad enough for Apple to replace it.
Along with its apology for miscommunicating about the throttling of performance of iPhones with degraded battery, Apple lowered the price of battery replacements for qualifying devices and said this program would be available starting in early 2018.
In the wake of all the iPhone throttling drama, iFixit has announced that it is dropping the price on all of its DIY iPhone battery fix kits to $29 or less. The news follows Apple's own announcement yesterday that it is going to be discounting out-of-warranty battery replacements to $29 in 2018.
An Italian apparel company has won the right to use the name Steve Jobs, reports Italian site la Repubblica Napoli (via The Verge). After a lengthy legal battle with Apple, the clothing co can now freely use the name of the iPhone-maker's beloved founder in its designs.