We know that Apple Inc. (NASDAQ:AAPL) is planning to launch its wearable device at a press event on September 9th. However, it will not be available until next year reports Re/code. “It’s not shipping any time soon,” said a source with Re/code. It is unknown when Apple will launch the wearable, but most likely it will be after the holiday season in early 2015. It is rumored that Apple may compromise on the battery life of the device in favor of higher image quality on an AMOLED display.
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According to Bloomberg, Apple Inc. (NASDAQ:AAPL) is reportedly preparing a 12.9-inch iPad, which will be launching early next year. Bloomberg’s sources said that Apple has been working with suppliers for the past year on it and it will begin production as soon as Q1 2015.
The Apple Inc. (NASDAQ:AAPL) iPhone 6 is expected to launch next month, but the initial availability may be limited. Sources with Reuters said that the backlight for the new phone had to be revised. Apparently the backlight was not bright enough and production has been put on hold. There is reportedly two sizes expected for the iPhone 6 — one with a 4.7-inch screen and another that is 5.5-inches. Both of the screens are much larger than the 4-inch screen size on the iPhone 5S.
Apple Inc. (NASDAQ:AAPL) stock has jumped to an all-time high on Wednesday, which surpassed a 2012 record. Apple’s stock increased to $100.77 in New York yesterday morning, which tops the split-adjusted record of $100.72 that was reached on Sept. 21, 2012.
The iPhone 6 is expected to come with a battery that is larger than the one inside the iPhone 5s, according to a leaked photo. The photo shows a battery with an 1,810 mAh capacity, which is larger than the 1,560 mAh battery in the iPhone 5s.
Apple CEO Tim Cook has taken the ALS Association Ice Bucket Challenge during an Apple beer bash. Cook challenge Disney CEO and Apple board member Bob Iger to take the ice challenge also. Cook also challenged Dr. Dre and Michael Franti, who was at the event and immediately accepted. The challenge asks people to either take a splash of icy cold water, donate $100 to the ALS Association, or both.
Carl Icahn now has a total of 45 million Apple Inc. (NASDAQ:AAPL) shares, according to a 13F filing with the SEC. The filing includes the 7-for-1 stock split that Apple set up in June. This values his holdings in Apple at about $5 billion. Icahn also sold 480,000 shares of Netflix, which puts his holdings at 1.76 million shares worth $777 million. Icahn increased his stake in Gannett with another 2.7 million shares to a total of 15 million. He bought a stake in Gannett because he believes the company is undervalued and may benefit from splitting its print and broadcasting assets.
Apple Inc. (NASDAQ:AAPL) is going to offer access to carrier financing plans at its retail stores, according to a leaked document sent to 9to5Mac. The financing plans will start on August 20th. U.S. based Apple stores will let customers buy iPhones through financing plans offered by AT&T, Verizon Wireless, and T-Mobile.