Editor’s Note: Related tickers: Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG)
Apple Inc. (NASDAQ:AAPL)’s developer site is unavailable for software engineers after a hacker tried to steal personal information, the company said. Apple Inc. (NASDAQ:AAPL) took the website, used by programmers who write applications for iPhones, Macs and other products, off-line on July 18 in order to fix the issue, the company said in an online statement. Developers who use the site for software downloads, documentation and engineering information could face delays in introducing their own products. Some of the information is encrypted and Apple Inc. (NASDAQ:AAPL) hasn’t been able to rule out whether names, mailing addresses or email addresses may have been accessed, the company said.
Smartphone Boom Ending as Price Drop Hits Apple (BusinessWeek)
The smartphone has crossed the line from shiny new technology to ubiquitous commodity. App-laden, Web-surfing phones have surged in popularity over the past half-decade and generated $293.9 billion in sales last year alone. They are now used by more than 1 billion people around the world. With more than half of mobile users in the U.S. and developed countries owning a smartphone, and consumers in emerging markets including China and India gravitating toward cheaper models, demand is slowing for high-end devices.
Apple tests out bigger displays for iPads, iPhones (MarketWatch)
Apple Inc. (NASDAQ:AAPL) and its Asian suppliers are testing larger screens for iPhones and tablets, officials at the company’s suppliers say. In recent months, Apple Inc. (NASDAQ:AAPL) +0.46% has asked for prototype smartphone screens larger than 4 inches and has also asked for screen designs for a new tablet device measuring slightly less than 13 inches diagonally, they said. The current iPhone 5 has a four-inch screen, while the iPad has a 9.7-inch screen. The iPad Mini, a stripped-down version of its tablet computer, has a 7.9-inch screen.
Apple to create alternative to Google navigation system (InToday)
Apple Inc. (NASDAQ:AAPL) has bought online mapping services HopStop and Locationary as part of its ongoing effort to create a more formidable alternative to Google Inc (NASDAQ:GOOG)‘s navigation system. The acquisitions confirmed Friday give Apple Inc. (NASDAQ:AAPL) more tools to round out the maps that it embeds in the mobile operating system running its iPhones and iPads. Apple Inc. (NASDAQ:AAPL) relied on Google Inc (NASDAQ:GOOG) for the built-in maps on those devices until switching to its own system last year. …When Google Inc (NASDAQ:GOOG) released a new mapping app for the iPhone late last year, it quickly became one of the most downloaded programs for the device. Google Inc (NASDAQ:GOOG)’s maps are also widely used on mobile devices running on that company’s Android software, as well as through Web browsers on personal computers.
Apple Price Target Raised to $480.00 at BMO Capital Markets (AAPL) (DailyPolitical)
Equities research analysts at BMO Capital Markets lifted their target price on shares of Apple Inc. (NASDAQ:AAPL) from $450.00 to $480.00 in a research note issued to investors on Monday, Analyst Ratings Network reports. The firm currently has a “positive” rating on the stock. BMO Capital Markets’ price objective suggests a potential upside of 12.95% from the company’s current price. A number of other analysts have also recently weighed in on Apple Inc. (NASDAQ:AAPL).
