Apple Stock Loses $26 Billion After Difficult Week

06 Stocks

$26 billion is a lot of money. A lot of companies dream about being worth that much and very few achieve it. Apple shares lost $4.36 on Wednesday, costing investors over $26 billion. Stock value correlates to market expectations and a fairly significant drop in value points towards questions about what Apple is doing right now. It’s likely that the photo scandal earlier this week played a role in the drop but all could be reversed with a positive product release next week.

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Analyst Predicts iWatch Will Launch at Later iPad Event Instead of iPhone Event on Sept. 9

iWatch Demo

Ever since Re/code announced that Apple plans to unveil a wearable device that features both HealthKit and HomeKit frameworks, the tech world has been buzzing about what to expect. Various news organizations have made their own claims to the predicted launch of the as-yet-unofficial device. Everyone wants to jump on the bandwagon and be the first to be right.

Today, analyst Gene Munster of Piper Jaffray laid out his own predictions, which are about as safe as possible. He mostly predicts information that we’ve already heard talked about on tech sites over the past few months regarding a larger iPhone in two sizes, limited runs with Sapphire Glass, and near field communication.

One interesting, albeit non-committal, prediction that Munster told investors seems completely reasonable, and is even followed by supporting opinion that makes a lot of sense.

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Supply Chain Ramps Up Production of Next-Gen iPad Air

 iPad Air 2

Information coming in from component-makers show that the supply chain is turning up the heat on production as Apple prepares for the launch of the second-generation iPad Air this fall.

According to DigiTimes, Apple has placed orders and various component manufacturers are gearing up. There is no information as to the number of units Apple is ordering. However, unnamed sources claim that non-Apple supply chains expect limited orders due to the conservative outlook on tablets during the second half of 2014.

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Apple Warns Developers not to Store Health Data in iCloud

HealthKit

This week, hackers were able to gain access to a number of celebrities’ Photo Streams and posted nude photos for the world to see. The iCloud invasion has created much fear regarding Apple’s supposedly secure cloud storage service.

The iPad maker also released an official statement regarding the issue, claiming that the access to iOS user data was not a breach in iCloud, but a targeted attack using brute force on victims’ information.

Brute force or not, the fact that hackers were able to gain access to personal data that we thought was totally secure brings up a lot of questions about just how safe our privacy is, including medical information that Apple hopes we will be tracking in iOS 8.

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PadGadget’s DIY Project Spotlight: Travel Mobile Device Charging Station

 DIY Travel Charging Station 1

When I take a trip, I bring with me my iPad, iPhone, and iPod touch. My traveling companions, depending on who they are, will always have at least a cell phone, but will also likely have a tablet on them as well. If we are sharing a hotel room, which I tend to do to save money, the available plugs are quickly filled with various wall chargers. Sometimes, plugs that were already occupied with lamps, alarm clocks, and coffee makers will be taken, as well.

What I really need is a compact charging station that only requires one plug, but will charge multiple devices at once. EurekaFactory came up with the perfect solution with a simple, easy Instructables project.

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Apple Says Celebrity Photo Leak was not Due to iCloud Breach

05 Hack

iOS 8 and new mobile devices are expected in under a week so it’s no surprise that Apple has been scrambling to defend its security in the wake of the celebrity photo leaks. If consumer trust is weakened by the incident, then the new HealthKit and rumored wallet features may struggle to gain traction because of the sensitive nature of the data they will be storing.

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Reddit Finally Launches Official iOS App for Popular Ask Me Anything Q&A

AMA - Official Reddit 4

Reddit might be the most popular Internet website aggregate ever. The barebones website lists tens of thousands of articles every day that are user submitted and mostly a complete waste of time, but fun just the same. Reddit has no official iOS app. Maybe that’s because the website is so simplistic that it isn’t difficult to see the same thing on smaller screens without needing any special designs.

Today, the company launched an official app specifically for catching up on the website’s popular Ask Me Anything (AMA) question and answer sessions. Unfortunately, it isn’t optimized for the iPad. However, I’ve been reading it on my 9.7-inch screen in 2X zoom mode, and it doesn’t look half bad. Read More »

New Sources Claim iWatch Will Not be Ready in Time for Sept. 9 Event

dribbble_small_iwatch

Last week, Re/code made claims that Apple would be unveiling a new device, likely the iWatch, which would support both HealthKit and HomeKit functionality at next week’s media event on Sept. 9. Rumors and speculations have been buzzing around our heads for months as to what we can expect from Apple. Finally getting to see the product would be a huge burden lifted from our minds.

Unfortunately, new rumors have surfaced that Apple won’t be ready to unveil the iWatch until sometime in 2015 because the device is still in the engineering verification testing stages.

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Best Buy Now Selling iPad Mini for only $199

Best Buy iPad mini Sale

This morning, DigiTimes reported that Apple made an arrangement with Best Buy and Amazon to cut the price of the iPad mini. Upon further research, it appears that Amazon has dropped the price of the first generation model, as well as the iPad mini with Retina, by $50. Best Buy is offering $100 off of the first-generation iPad mini and the iPad mini with Retinal Display, WiFi + Cellular model.

According to DigitTimes, unnamed sources noted that Apple sold 16.4 million and 13.28 million tablets in the first and second quarter respectively. The sources believe that, in order to maintain tablet shipment status, Apple is encouraging a sale that might improve the numbers in the third quarter.

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Why Apple Rejects Apps: 11 Common Mistakes Developers Make When Submitting

rejected red square  stamp

Any developer has had an app rejected will tell you that the screening process is quite difficult. You never know how long it will take and you never know whether the reviewer will suddenly decide to reject your app. Apple recently published a new page on its Developer website to make things a bit easier with information on 11 of the most common reasons apps get rejected in the review process.

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