Attorneys Fish for Shareholder Launch Class Action against GTAT

3:32 PM, Oct. 13th, 2014 · · News

Piggybank

The Law Offices Bernard M. Gross, P.C. started the shareholder lawsuit train against GT Advanced Technologies (GTAT) on Monday. Attorneys at the firm are seeking a lead plaintiff for the case, which accuses executives, directors, and underwriters of misleading investors in the wake of the company's fallout with Apple.

Walgreens Memo Claims Saturday Apple Pay Launch

2:22 PM, Oct. 13th, 2014 · · News

iOS 8's mobile payment system Apple Pay could get its official launch on October 18, only two days after a media event where Apple is expected to introduce new iPad models. The hint at the potential launch date comes from an internal Walgreens memo pointing out the weekend start.

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Apple said Apple Pay would be coming in October, so it's just a matter of waiting for the official launch announcement. With a media event happening this Thursday, it's possible we're only days away from the rollout.

Flight Attendants Sue to Stop Gate-to-gate Electronics Use

9:55 AM, Oct. 13th, 2014 · · News

Attorneys representing the Association of Flight Attendants-CWA argued in the U.S. Court of Appeals late last week that the ban on in-flight electronics the FAA lifted a year ago should be reinstated for the safety of airline passengers. The Flight Attendants union thinks portable electronics use during takeoff and landing poses a serious risk and that the FAA made a mistake when it opened the doors for airlines to allow their use from gate to gate.

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Unless flight attendants can come up with compelling evidence to show gate-to-gate electronics use is a serious safety risk, you'll most likely be able to keep playing Angry Birds on your flights. And with the ban lift nearly a year behind us, passengers wouldn't take going back to stowing their electronics very well at all.

Apple Launching iPhone 6 in 36 More Countries in October

8:46 AM, Oct. 13th, 2014 · · News

Apple plans to launch the iPhone 6 and iPhone 6 Plus in 36 more countries and territories by the end of October with Israel, Mexico, Poland, South Africa, Greece, Bosnia, and more on the list. The company expects to have its new iPhone models in more than 115 countries by the end of the year, making this its most agressive rollout so far.

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Apple clearly intends to follow through with its plan to get the iPhone 6 and iPhone 6 Plus into at least 115 countries before the end of the year. 

GT Advanced Technologies Wants to Close Apple Sapphire Glass Factory

11:15 AM, Oct. 10th, 2014 · · News

GT Advanced Technologies filed for chapter 11 bankruptcy protection earlier this week and now is asking the court for permission to shut down the factory where it has been making synthetic sapphire glass for Apple. The company's bankruptcy filing came as a surprise to everyone, including Apple, and its latest request likely isn't sitting well with the iPhone and iPad maker.

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Watching GTAT's implosion just hurts, and at this point it's hard to imagine the situation improving. Shutting down its sapphire factory doesn't bode well for Apple, either, because the Apple Watch launch is getting closer all the time.

Apple to Live Stream Oct 16 Media Event

9:47 AM, Oct. 10th, 2014 · · News

Apple is hosting a media event on October 16, and like its iPhone 6 and Apple Watch event in September, this one will be streamed live online. The company is expected to introduce new iPad models, and possibly new Macs, too.

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Apple may be streaming next week's event, just as it did with last month's iPhone launch, but hopefully it won't be exactly like the September event with translators talking over Tim Cook, multiple music tracks playing at the same time, and ongoing feed drops.

Apple Watch Will Make Editorial Debut in Vogue China’s November Issue

8:27 PM, Oct. 9th, 2014 · · News

Vogue China

Apple is letting the fashion world enjoy the editorial debut for Apple Watch. The Business of Fashion (BoF) reported that Vogue China got early access to the device, and will feature it on the cover of the November issue on the arm of supermodel Liu Wen.

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I think the watch and technology worlds don't get Apple Watch yet, each for different reasons. Apple is positioning this device obliquely to anything most of us thought about before it was announced.

Apple Named World’s Most Valuable Brand, Again

10:20 AM, Oct. 9th, 2014 · · News

Interbrand has ranked Apple as the world's most valuable brand for the second year in a row with a valuation at US$118.863 billion. Apple's value increased by 21 percent compared to last year's Best Global Brands report at $98.3 billion, and has the iPhone and iPad maker ranked above Google, Coca-Cola, IBM, and Microsoft.

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This is the second year in a row Interbrand ranked Apple as the world's most valuable brand. It's also the first time four of the top five companies were tech-related, and the first time the top two companies were each valued over $100 billion. Seems the iPhone is doing well for Apple.