Money

‘Currency Converter’ is one of the best looking Notification Center widgets

When traveling abroad, there's just some things that you should do that are just no brainers. One of them is knowing the exchange rate between your native currency, and the currency of the country you're travelling to.

In the old days this used to take a little legwork, i.e. reading the newspaper, going to the post office, etc. With the smartphone boom, though, currency conversion is often right at your fingertips.

As is the case with this new jailbreak widget, entitled Currency Convertor. It's a widget that conveniently sits in iOS 5's Notification Center for easy access...

Rumor: Apple to launch cheaper 8GB iPad 2 alongside iPad 3

While we feel like we know just about everything there is to know about the iPad 3, what about the other tablet Apple is launching? That's right, the rumor mill is suggesting that we'll see two new tablets out of Cupertino this month.

This particular piece of gossip comes from DigiTimes. And while the publication doesn't have the best track record when it comes to Apple information, this tidbit actually sounds fairly plausible...

SkyBet now accepting bets on iPad 3 specs

After months of rumors, Apple has finally confirmed that there is a new iPad on the way. The company sent out media invitations yesterday to what we can only assume is its iPad 3 event next week in San Francisco.

At this point, you might feel like you know everything about Apple's new tablet. The Retina display is practically a sure thing, as are improved processors and higher resolution cameras. But are you confident enough about these predictions to put money on them?

Rumor: iPad 3 to start $70-$80 higher than previous models

According to the rumor mill, the iPad 3 is going to employ some pretty amazing features. We've heard it could contain everything from a high resolution Retina display, to a new processor, and a 5MP camera. There has even been talk of it having LTE.

A lot of folks, however, have wondered how Apple would be able to maintain the tablet's $499 entry price point with so many high-end components. Well according to some new evidence, it couldn't...

Does Apple need to create an entirely new product to stay on top?

Apple is sitting on top of the world right now. It has the most popular handset and tablet on the market, it broke nearly every company sales record last quarter, and it's currently the most valuable corporation in the world.

The company's real accomplishment, however, is how quickly it has risen to the top. Less than two years ago Apple's market cap was only $200 billion. And now it's teetering around the $500 billion mark. But how long can it keep up this ridiculous pace?

Apple acquires Chomp to make app discovery better

Apple has acquired Chomp, a startup focused on app discovery, reports MG Siegler of TechCrunch. Chomp launched in 2009 and has earned around $2.5 million in venture funding to date. Apple is bringing on the Chomp team and its technologies in hopes of improving app discovery...

What it actually costs Apple to build an iPhone

Asymco analyst Horace Dediu published an interesting report this morning that attempts to figure out what Apple pays to manufacture each iPhone. Over the last 5 years, the handset has quickly become Apple's largest money-maker.

Dediu uses a number of resources, including manufacturing information that has recently come to light thanks to ABC's "A Trip to the iFactory" documentary, to determine what Apple spends building each iPhone, from parts to shipping...

Proview says it’s ready to negotiate with Apple over iPad trademark

After months of back and fourth between Apple and Proview, we're about ready for this silly dispute to come to an end. The monitor-maker is currently blocking iPad sales in a number of south China cities over 'trademark infringement.'

But it appears that there is a light at the end of the tunnel. Times of India is reporting that Proview's lawyer Xie Xianghui has said that his company is preparing for negotiations with Apple in an effort to settle this matter out of court...

If you are looking to sell your iPad 2, now is the time

With Apple expected to unveil the iPad 3 on March 7th next month, it's time to start thinking about what you're going to do with your current tablet. As you may know, if you plan on purchasing the new iPad, you can sell your old one to help cover the cost.

For those of you that are planning on selling your current tablet, you're going to want to put it up for sale as quick as possible. Because according to Gazelle, a popular electronics re-seller, iPad prices are at their peak right now...

Facing criticism, Foxconn raises worker wages by as much as 25%

Apple and its overseas manufacturing partners have been taking quite a bit of heat over the last month. Reports of underage employees, 60+ hour work weeks and other poor working conditions have been constantly grabbing headlines.

But just as we have reported on the bad things, we must also report the good. It appears that in the face of criticism, Foxconn, Apple's largest supply chain partner, has decided to substantially increase its workers' wages...

Apple seeking to sue the already bankrupt Kodak

Back in January we ran a story regarding the on-going legal issues between Apple and the 131 year old photography company Kodak. Back then, Kodak intended to file a patent infringement lawsuit against Apple, concerning 4 Kodak owned patents.

Just a little over a month on and the tables have well and truly been turned. According to the Rochester Business Journal, Apple is now seeking permission to file new patent-infringement claims against Eastman Kodak Co. Apple's counter-claim is that Kodak actually stole the idea for these patents in the first place...

Guess which smartphone retains its value better than any other handset

The long term value of a product is largely determined by its resale value. That's why so many people will ask what the resale value of a car is before purchasing it.

Obviously it's not as big of a factor when looking for a new smartphone (unless you're paying full retail), but it's still a concern. And according to a recent report from priceonomics, no other handset retains its value better than Apple's iPhone...