Shares of Apple Inc. set an all-time closing high on Tuesday, ending the day at $100.53 per share, a gain of $1.37 (+1.38 percent), on heavy volume of 69.4 million shares trading hands. The previous closing record was $100.30 per share, set on September 19th, 2012.
Apple significantly expanded the ranks of executives featured on its leadership page Friday. That page previously featured Apple CEO Tim Cook and the company's nine senior vice presidents, but now features an additional five vice presidents, all of whom report to CEO Tim Cook.
SmartThings announced on Thursday that it has been purchased by electronics maker Samsung. The acquisition means Samsung is serious about wanting to own the smart home market and give Apple's HomeKit in iOS 8 a serious run for its money.
Yesterday, John Martellaro's wife had a truly remarkable customer experience at the Apple retail store in Lone Tree, Colorado. The experience demonstrates something very interesting about Apple that makes it unique and hard to compete with.
Back in 2010, John Martellaro said good-bye to paper and started moving all his magazine subscriptions to digital versions on an iPad. Here's an update on how that project went. Hint: the technology didn't develop well, and John is going back to paper. For now.
Apple released a corporate Diversity report on Tuesday, laying out the ethnic and gender breakdown of its work force and leadership ranks. That report shows that Apple's work force is more diverse than the population as a whole, with under-representation of whites, Hispanics, and blacks, and an over-representation of Asians. At the same time, males are massively over-represented as a whole, and in its leadership ranks, white males in particular rule the roost.
Ever wondered why the remote for the Apple TV has just three buttons? According to an inside look at Apple University, Apple's team started with the idea of what a remote control does. Then they pared it down until it was stripped to its purest form, an aluminum stick with three buttons. Compare that to one of Sony's remotes designed for Google TV. 78 buttons. It's a mess.
U.S. District Court Judge Lucy Koh shot down the proposed settlement agreement Apple, Google, Adobe, and Intel had hoped would bring an end to the class action lawsuit accusing them of agreeing to avoid poaching employees from each other. Silicon Valley workers claimed the agreement artificially limited their ability to get better jobs, and Judge Koh said the US$324.5 million settlement was far too low. She took the unprecedented move of pushing the trial forward, which could turn into an awkward and ugly mess for the companies.
Meet Rob Frankel. He's a branding expert. In fact, he's, "The best branding expert on the planet." We know this because he tells us so on his blog. It must therefore be true. Mr. Frankel has a message for Apple fanboys, and it's earning him a spot in the Apple Death Knell Counter. Bryan Chaffin explains.
Apple's rocket-like ascent to become the world's most valuable company has brought with it the booby prize of being a pawn of international diplomacy. Apple and other U.S. tech giants are being targeted by China (and Russia) as tensions between all three countries rise over spying allegations.
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TMO Daily Observations: 2014-08-22
Apple's HealthKit was originally presented as a way for iPhone owners to collect their own health and fitness data and…
TMO Daily Observations: 2014-08-21
Samsung doesn't have to pay Apple's patent infringement trial legal costs because the iPhone wasn't famous when the company copied…