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AAPL Stock: 440.57 ( -2.36 )

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Broadcom 802.11ac chipset spotted, may be used in new Macs

Possibly compatible with previous models, facilitating third-party upgrades

A new Broadcom chipset spotted on a Chinese website may be a component of future Mac updates, bringing 802.11ac (known as "Gigabit Wi-Fi") and Bluetooth 4.0 to new models on a single chipset. Not only will the chip handle all wireless communication for future Mac models, but the new chip appears -- at first glance -- to be backward compatible with similar parts in recent models, opening up the possibility of aftermarket upgrades.

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Senators Levin, McCain accuse Apple of exploiting offshore tax havens

Apple to be used as example of corporate tax avoidance in US

In the wake of Apple's published testimony , US Senators Carl Levin (D-MI) and John McCain (R-AZ) have released their own joint statement on the work of the Senate Permanent Subcommittee on Investigations. "Apple Inc. has used a complex web of offshore entities -- including three foreign subsidiaries the company claims are not tax resident in any nation -- to avoid paying billions of dollars in U.S. income taxes," Levin's office writes.

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Facebook Share Dialog for iOS ready; Chromium Mac gets app launcher

Should simplify sharing from Facebook-connected apps

Facebook has brought a native Share Dialog for iOS out of beta via an updated SDK , v3.5.1. The change means that third-party iOS 6 apps will be able to share activity to Facebook without always requiring a login first. People should also be able to tag friends from within those apps.

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Yahoo debuts new Flickr; 1TB of storage space, new Android app

Capacity revealed at NYC presser

Speaking at tonight's Yahoo press event in New York City, Marissa Mayer and Yahoo's Mobile Engineering Senior Vice President and Flickr product manager Adam Cahan revealed the new Flickr and accompanying new Android app, offering users 1TB of photo storage in a "very metro" user interface.

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1.5-inch OLED screens being tested for Apple smartwatch, rumor says

Early trial production of device expected to start soon

Apple is testing 1.5-inch OLED touchscreens for use in its upcoming smartwatch , claims Taiwanese publication the Economic Daily News . Apple is in fact said to have tried 1.8-inch screens, but judged that they were too big. The 1.5-inch panels are reportedly being manufactured by Taiwan's RiTdisplay, and use one-glass-solution touch sensors, which should allow Apple to keep the watch thin.

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Apple publishes official testimony ahead of Cook Senate appearance

Pushes agenda friendly to repatriating foreign cash

A day ahead of CEO Tim Cook's planned appearance in front of the US Senate , Apple has published its official testimony ( PDF ) for the Senate Permanent Subcommittee on Investigations. In the document, the company lobbies for corporate tax reform, specifically arguing that the government should be "revenue neutral, eliminate all corporate tax expenditures, lower corporate income tax rates; and implement a reasonable tax on foreign earnings that allows free movement of capital back to the US." Apple has roughly $100 billion in overseas cash, which it has refused to repatriate unless it can pay less than the standard 35 percent tax rate.

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NPD: US Mac sales flat compared to last year

Some analysts had predicted a slight downturn

A new report from market analysts NPD Group indicates that US Mac sales for the month of April were about even with the same month last year, which some analysts see as a positive sign for Apple. However, NPD's data -- which is normally considered reasonably accurate -- only covers US sales, meaning the higher percentage of Mac sales overseas is making meaningful predictions difficult.

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Apple still king of retail, new study finds

Twice the income of second-place Tiffany

A new study from Asymco analyst Horace Dediu finds that Apple is continuing to outpace the rest of the retail industry in sales per customer, sales per store and sales per square foot -- more than double the income of the second-place finisher Tiffany & Co and three times the third-place entry, Lululemon Athletica. In addition to retaining the crown of retailers, Dediu found revenues had increased from a year ago.

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MacBook Air stock beginning to evaporate ahead of WWDC

Air could be due for imminent refresh

Third-party vendors are starting to run out of stock of the 13-inch MacBook Air, says AppleInsider . Amazon, B&H, MacConnection, and MacMall are all out of a common configuration, a system with a 1.8GHz processor and a 256GB SSD. Another reseller, J&R, is saying that it only has the configuration at retail stores. Best Buy continues to have some units.

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'iRadio' announcement may miss WWDC, say sources

BMG said to be among industry holdouts

Apple's mired negotiations with the music industry may prevent it from announcing an "iRadio" service at WWDC on June 10th, industry sources tell The Verge . The people note that Apple is having trouble not just with Sony/ATV, but also BMG. At the same time they suggest there's still a lot of "market momentum" behind iRadio, and that major players such as Universal want to see it launch as soon as possible.

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Apple devices officially OK'd for secure government networks

FIPS 14-2 certification, STIG approval opening DoD doors

Apple's iPhones, iPads and other devices running iOS 6 or higher are officially cleared for use on the US government's secure networks, the Department of Defence announced on Friday. The final approval, which we first reported on in March , also grants Samsung Android devices that are running the Korean company's Knox security lockdown, as well as BlackBerry devices running BB10 the ability to be used on secure networks. The move is expected to further hurt BlackBerry, as it faces competition in the military space for the first time.

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Virgin Mobile US offers 15 percent discount on iPhone 4, 4S

Sale limited to online orders

The US branch of Virgin Mobile is now offering a 15 percent discount on the iPhone 4 and 4S . The promotion is applicable only to web orders, and will last only for a limited time, or until supplies run out. Virgin hasn't said when the sale is scheduled to end.

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FTC starts sending COPPA letters to app developers

Agency preps developers for changes to important act

The US Federal Trade Commission has started sending out two letters to app developers, preparing them for changes to the Children's Online Privacy Protection Act taking effect July 1st, according to an announcement. The letters warn developers that restrictions on the collection of personal data from kids under 13 have been expanded, and now cover things like audio or video bearing a child's likeness. Previously, rules only covered the gathering of names, addresses, and phone numbers.

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Apple, CW sign deal to put content on Apple TV

Will feature day-after airing of new episodes

A CW app should soon appear on the Apple TV, Deadline reports. CW CEO Mark Pedowitz announced a deal with Apple during the network's annual upfront presentation in New York. A version of CW TV Now is already available for two Apple platforms -- the iPhone and the iPad -- but Apple TV support should put the app in a more viewing-friendly spot, as with the Xbox 360 and Windows 8 apps.

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Foxconn continuing to break Chinese labor laws, FLA finds

Foxconn staff still overworked

Apple's biggest supplier, Hon Hai -- better known as Foxconn -- is continuing to break Chinese labor laws, according to a newly-published audit by the Fair Labor Association. The latest evaluation was conducted in January, and did find that Foxconn is complying with 98.3 percent of the 360 points of action the FLA and Apple initially agreed to. 70 out of 76 items that were pending in mid-2012 have been complied with.

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Cook speaks ahead of upcoming US Senate testimony

'Apple does not funnel its domestic profits overseas'

Ahead of the Apple CEO's US Senate testimony , Tim Cook has replied to questions about politics and Apple's offshore tax practices in a new Politico interview. "We don't have a large presence in Washington, as you probably know, but we care deeply about public policy and believe creative policy can be a huge catalyst for a better society and a stronger economy," he says.

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Latest Apple dividend payment distributes over $2.8B to shareholders

Begins more aggressive dividend plan

Apple is today paying out its latest dividend to shareholders. The amount is rated at $3.05 per share, translating into a total of about $2.867 billion for all of the company's 940 million outstanding shares. To be eligible for the dividend, a person must have been a shareholder by May 13th; because qualifying purchases must be settled though, realistically, any stock must have been bought no later than the 8th.

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MacBook Air Flash Storage Firmware Update 1.0 fixes severe crash bug

Update mandatory, Apple says

Apple has posted a new support download for mid-2012 MacBook Airs, MacBook Air Flash Storage Firmware Update 1.0 . Unusually, Apple states that the patch is mandatory; it fixes a problem with the Air's firmware that can, potentially, prevent a computer from recovering from a crash. The file is a 1.69MB download, and requires either OS X 10.7.5 or 10.8.3.

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Apple updates iTunes to 11.0.3, improves Songs view, MiniPlayer

Adds album artwork to Songs, supports multi-disc albums, more

On Thursday, Apple updated its flagship program iTunes to version 11.0.3 , which brings some new features as well as addresses a number of minor bugs and improves security and performance for those running and sorting large collections. The main new features include a redesigned MiniPlayer that now features artwork and a progress bar, and some changes to the Songs view that also adds album artwork. Importantly, multi-disc albums are now seen and counted as one album rather than individual discs.

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Colored SIM trays may hint at multi-color iPhone 5S

Various other parts photos in high-res leaking onto net

A long-standing rumor that the next iPhone -- presumably called the 5S -- will be available in colors beyond just black and white received a boost with the publication of photos featuring differently-colored SIM trays, along with high-rez pictures of various other small parts said to be from the forthcoming iPhone model, expected to be released sometime this summer. Though the SIM tray images would be easy to fake, Apple has been making the iPod touch and iPod nano in a set of colors and may have decided to follow suit with the iPhone 5S -- and perhaps a future iPad.

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Apple moving flagship SF store, doubling size

New store will feature more staff, feature latest design

The San Francisco Chronicle is reporting that Apple will be eventually closing its One Stockton Street store -- which has been a flagship venue among the San Francisco stores -- and moving it about three blocks away , adjacent to Union Square. The new store will feature an updated design with a more glass-centric design, somewhat reminiscent of the Upper West Side store in New York City. It will also be about 45 percent larger than the current location and increase its staff from 350 to 400.

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Apple App Store tops 50 billion downloads [U]

Associated contest winner, 50 billionth app name announced

[Updated with the winner's name, the winning app and other details] The App Store has officially surpassed 50 billion downloads, Apple has announced. The company has now announced the winner of the associated contest . Brandon Ashmore of Mentor Ohio, who downloaded the 50 billionth app, will get a $10,000 App Store gift card; meanwhile, 50 runner-ups will each get a $500 card.

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Email reveals e-book talk between Steve Jobs, James Murdoch

Indicates Apple was pushing for prices higher than Amazon

US Department of Justice filings in the e-book price-fixing case against Apple reveal an exchange between former Apple CEO Steve Jobs and News Corporation/HarperCollins' James Murdoch, notes AllThingsD . In the course of a Jobs-penned email, which dates back to January 2010, the CEO explains why Apple is proposing to tie e-book prices to hardcover ones. "We simply don’t think the e-book market can be successful with pricing higher than $12.99 or $14.99," Jobs writes.

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Apple seeds seventh OS X 10.8.4 beta to developers

Company may be on accelerated pace ahead of WWDC

Apple is seeding yet another build of OS X 10.8.4 to developers, 12E52. As before there are no known issues, and Apple is still asking developers to concentrate testing on Safari, Wi-Fi, and graphics drivers. When it's finished v10.8.4 is primarily expected to be a maintenance update, although it does appear to include support for 802.11ac Wi-Fi.

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Apple CEO expected to show at Senate hearing on offshore tax issues

Apple, other companies accused of trying to avoid tax share

Apple will be the focus of a US Senate hearing next Tuesday, Politico says it has learned. The company's CEO, Tim Cook, is expected to testify in front of the Senate Permanent Subcommittee on Investigation regarding offshore tax practices. Other witnesses are also expected to speak, such as representatives from the Treasury Department and the IRS.

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Apple drops below $400B in worth, Google surpasses $300B

Google I/O sways market in Google's favor

Apple and Google both passed important financial milestones during Wednesday trading, notes The Next Web . While Apple's market value has fallen under $400 billion, Google's value has climbed over $300 billion. The surge in the latter company's worth is being linked to today's Google I/O keynote , where the company showcased several new products, services, and features, such as unified messaging and a Galaxy S4 with stock Android .

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Google Maps overhauled, new Android, iPad versions coming soon

Invitations opened for new Maps service, no firm release date given

At today's Google I/O keynote , Google has demonstrated a revamped Maps app for iOS and Android. In the coming months, Android users will see an upgrade, bringing the Maps for iOS user interface and features. Additionally, a long-awaited iPad version of the utility will be made available for the iPad.

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Verizon briefly posts $100 pricetag for iPhone 5 [U]

May hint at upcoming discount

[Updated with Verizon confirmation] Earlier today, Verizon briefly posted a $100 pricetag for the 16GB iPhone 5 on its website this morning, a move the company later confirmed was a genuine offer, but only for select customers. The phone typically sells for $199 with a two-year contract, which was also a stipulation for the $100 cost. Verizon quickly reverted the price back to normal, and in response to inquiries would only say it doesn't discuss rumors.

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Google+ gains unified messaging, automatic image editing in redesign

Hangouts conversations to carry between iOS, Android, Web

Google has shown a significant number of changes to Google+ at its Google I/O developer event, as part of its attempts to attract users. The redesign of the social network is accompanied by the rumored unified messaging system, branded Hangouts, and the automatic enhancement, editing and highlighting of photographs uploaded onto its service.

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Google launches All Access streaming music service, goes live in US

Paid-for service provides track recommendations, instant playlists

Google has announced its music service at its Google I/O developer conference. As leaked yesterday in a report, Google Play Music All Access is the search giant's take on Spotify and other similar music streaming services, with users able to stream from the large catalog of tracks already available to download from the Google Play Music store.

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