Tag - Wall Street Journal
Apple is preparing to issue bonds in the Asia Pacific region, in order to raise funds for a number of shareholder-related actions, according to a report. It is claimed Apple will be selling bonds in Taiwan and Australia so it can raise between $3 billion and $4 billion in debt, which it can then use to fund dividend payments and share buybacks, all without touching any of its large cash reserves it mostly holds outside of the United States.
Apple is continuing to improve the security of its devices and services, despite the ongoing battle over encryption the iPhone producer has with the FBI, according to a report. Appearing to confirm rumors last month that Apple is continuing to increase the level of encryption of customer data, sources of the Wall Street Journal claim Apple is trying to get to a position with iCloud where data is encrypted, but it will not be able to decrypt it for law enforcement.
Following on the heels of a planned appearance at cloud storage company Box's BoxWorks conference, Apple CEO Tim Cook will also return as a guest speaker at the mid-October WJD.D Live conference in Laguna Beach, California. While Cook's specific day and time have not yet been announced, he will likely again be the subject of a Q&A session as he was last year with Wall Street Journal Managing Editor Gerry Baker. Meanwhile, Apple Design Chief Sir Jonathan Ive has given an interview to the WSJ with Hermés Artistic Director Pierre-Alexis Dumas over the two companies' new Apple Watch collaboration.
In case you haven't heard, the Wall Street Journal has run an embarrassingly blinkered editorial called "Why Apple Should Kill Off the Mac" which is, on the face of it, nonsensical. We expect this sort of asinine fodder from the logic-averse scrawls of established nitwits like your Dvoraks, your Enderles -- but the Wall Street Journal was once a respected, legitimate newspaper (at least until Rupert Murdoch bought it).
Dish Network is in discussions with T-Mobile over a potential merger, a report claims. According to sources of the Wall Street Journal, the two companies are said to be at the "formative stage" of the merger talks, with the potential purchase price still yet to be decided upon, but the eventual structure of the combined company has already apparently been sorted out, with Dish CEO Charlie Ergen becoming chairman and T-Mobile CEO and President John Legere becoming the CEO.
Yet another wearable device will be offering alternative payments in the future, according to a report. According to the Wall Street Journal, American Express and Jawbone are planning to announce a new system that will allow AmEx card owners to use the manufacturer's fitness bands to make payments at a number of retailers in the United States.
The secretive Google X Labs is working on ways to improve battery technology, according to a report by the Wall Street Journal. A small group of four engineers is said to be working on the project, which could help the company increase a number of its other projects that depend on batteries, including its consumer devices and experimental items such as Google Glass.
Apple may launch an Internet television service later this year, a report claims. The supposed streaming service will apparently offer around 25 channels from major broadcasters including ABC, CBS, and Fox to subscribers, sources of the Wall Street Journal say, with Apple said to be aiming for an unveiling in June and a launch of the service in the United States by September.
Google is working on making an interface for Android specifically for virtual reality headsets, a report from the Wall Street Journal claims. The search company allegedly has a team made up of "tens of engineers" and other staff working on a VR experience for the mobile operating system, which aims to make Android more useful for developers of VR apps and games.
Microsoft may be planning to make an investment in an Android-related startup, a report claims. According to sources of the Wall Street Journal, Microsoft will allegedly take part in a funding round as a "minority investor" of Cyanogen, creators of the CyanogenMod Android ROM, with rumors that the round will bring in a total of $70 million to the ROM maker.
Now AAPL Stock: 94.4 ( + 0.81 )
Cirrus creates Lightning-headphone dev kit
Apple supplier Cirrus Logic has introduced a MFi-compliant new development kit for companies interested in using Cirrus' chips to create Lightning-based headphones, which -- regardless of whether rumors about Apple dropping the analog headphone jack in its iPhone this fall -- can offer advantages to music-loving iOS device users. The kit mentions some of the advantages of an all-digital headset or headphone connector, including higher-bitrate support, a more customizable experience, and support for power and data transfer into headphone hardware. Several companies already make Lightning headphones, and Apple has supported the concept since June 2014. http://bit.ly/29giiZj
Apple Store app offers Procreate Pocket
The Apple Store app for iPhone, which periodically rewards users with free app gifts, is now offering the iPhone "Pocket" version of drawing app Procreate for those who have the free Apple Store app until July 28. Users who have redeemed the offer by navigating to the "Stores" tab of the app and swiping past the "iPhone Upgrade Program" banner to the "Procreate" banner have noted that only the limited Pocket (iPhone) version of the app is available free, even if the Apple Store app is installed and the offer redeemed on an iPad. The Pocket version currently sells for $3 on the iOS App Store. [32.4MB]
Porsche adds CarPlay to 2017 Panamera
Porsche has added a fifth model of vehicle to its CarPlay-supported lineup, announcing that the 2017 Panamera -- which will arrive in the US in January -- will include Apple's infotainment technology, and be seen on a giant 12.3-inch touchscreen as part of an all-new Porsche Communication Management system. The luxury sedan starts at $99,900 for the 4S model, and scales up to the Panamera Turbo, which sells for $146,900. Other vehicles that currently support CarPlay include the 2016 911 and the 2017 models of Macan, 718 Boxster, and 718 Cayman. The company did not mention support for Google's corresponding Android Auto in its announcement. http://bit.ly/295ZQ94
Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa
SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If
Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm
Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE