Apple's shares fall to $488 as investors fail to shake worry: Apple's stock today has been hit hard, despite recent claims by analysts saying iPhone sales will remain strong."
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Tuesday Highlights: AAPL investors sufficiently spooked by month-old Wall Street reports that Apple cut iPhone parts orders; stock drops into the $480s but earnings are just around the corner; cooler heads trying to calm nerves because the "whole story" is not making top news outlet headlines, but we've got plenty of reading material in our Apple/Macintosh, Op/Ed, and Finances sections today; meanwhile, a consumer group in Belgium files lawsuit against Apple claiming the company's warranty policy is "misleading and illegal"; and Russian Railways says Apple is violating their trademark in the Apple Store; despite Java updates, zero-day flaw concerns linger; InfoWorld explains how to kill the old tech dead in its tracks; Macworld shows how to lend a hand with Mac support over long distances; MacNewsWorld reviews Pixelmator, a bargain priced image editor; Kids preferred iPad mini for holiday gift; iPad more popular than iPhone for mobile marketers; DisplaySearch says Apple leads tablets, but smaller tablets seen taking over market in 2013; asymco measures iPhone 5, iPhone 4S availability; Beijing, China to house a new Apple R&D center?; Sprint GPS glitch points Find my iPhone users to poor guy's house; iPhone 5S builds suggest June/July launch; rumors say Apple's budget-minded iPhone to be mostly plastic, on track for a 2013 reveal; find the latest of Apple's granted patents down in our Hardware/Software section, big summary at Patently Apple, and AppleInsider looks at the glass-on-metal trackpad; iOS 7 wishlist over at App Advice, and Lex Friedman wants Apple to offer a mute switch for iOS notifications.
Today's MacUpdate Promo offers 50% savings on Choco 1.4. "Make the most of your photos with Choco. Design beautiful collages by incorporating your photos into more than a hundred pre-installed templates, or create imaginative free-form collages. Bring personality and style to your collages by adding color adjustments, filters, and effects."
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Tue Jan 15
"Apple's shares fall to $488 as investors fail to shake worry: Apple's stock today has been hit hard, despite recent claims by analysts saying iPhone sales will remain strong."" CNET News
9:41 AM
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"iPhone 5's initial ramp too big to sustain, says DisplaySearch: The iPhone 5's initial shipment rate was too large to maintain, resulting in cutbacks, DisplaySearch says. But the cutbacks don't necessarily equal a drop in popularity."?CNET News?9:09 PM
"A Second Key Retail Executive Has Departed Apple"?ifoAppleStore?4:55 PM
"Apple Retail VP Jerry McDougal Resigns: Jerry McDougal, Apple's vice president of Retail and a potential candidate for the company's now-vacant SVP of Retail position, has left the company, Apple confirmed to AllThingsD."?AllThingsD?6:09 PM
"Apple's retail VP departs amid search for new boss: Apple's vice president of retail, Jerry McDougal, has left the company at a time when Apple is on the hunt for a new retail chief."?CNET News?6:13 PM
"Top Apple retail VP Jerry McDougal reportedly leaves Apple to focus on family"?9 to 5 Mac?4:56 PM
"Apple VP of Retail Jerry McDougal reportedly leaves company"?The Next Web?4:58 PM
"Apple retail exec Jerry McDougal reportedly leaves company to spend more time with family"?AppleInsider?5:01 PM
"iPhone Demand Strong, Samsung Riding 'Wave of Momentum'"?PC Magazine?4:32 PM
"Report: iPad mini Gains As The Preferred 'Kids' Tablet' After The Holidays"?TechCrunch?8:58 AM
"Report Finds iPad Mini is the Preferred Tablet for Kids"?PadGadget?11:47 AM
"30 billion ads say iPad now more popular for mobile marketers than iPhone"?VentureBeat?8:50 AM
"Tablet shipments expected to surpass notebooks in 2013, says DisplaySearch" ["The tablet market has been led by Apple's 9.7-inch iPad, but in 2013 a new class of small-size tablets are expected to take over the market."]?DigiTimes?8:09 AM
"Apple retains third place in US PC sales, gains 5.4 percent"?Electronista?9:02 AM
"Worldwide PC Shipments 4.9 Percent Decline in Q4 2012 Signals Structural PC Market Shift ? Gartner"?MacPrices?1:12 PM
"50% of smartphone buyers want iPhones, Windows Phone ratings higher than Android, and phablets are totally phat"?VentureBeat?12:15 PM
"Cellular iPad Mini and fourth-gen iPad to launch in China on Friday"?Digital Trends?8:51 AM
"Report Outlines 'iPhone Danger Zones'"?BGR?8:01 AM
"Measuring iPhone 5 vs. iPhone 4S availability"?asymco?8:03 AM
"Rumor: Apple to Establish R&D Center in Beijing and Move Some Servers to China"?BrightWire?9:42 AM
"Apple Looking to Establish R&D Center in Beijing?"?MacRumors?11:54 AM
"iPhone 5 order cuts not nearly as severe as demand remains robust"?iDownload Blog?8:53 AM
"Surprise! Walmart's unlimited iPhone 5 data plan not so unlimited: The $45-per-month 'unlimited everything' plan actually has a 2GB data cap."?Ars Technica?4:28 PM
"Glitch in Sprint's GPS service points Find My iPhone users to innocent man's house"?iDownload Blog?8:03 AM
"Your lost iPhone is not this man's problem"?The Verge?8:16 AM
"Apple's 'Find My Phone' Feature Keeps Sending People To This Poor Guy's House"?Business Insider?8:26 AM
"Apple Launches Back To School Promotion In Australia & New Zealand"?MacStories?9:50 AM
"Ashton Kutcher, Josh Gad star in Steve Jobs biopic: Kutcher's resemblance to Jobs is uncanny, says Gad, who tackles the Steve Wozniak role."?USA Today?8:31 PM
"Steve Jobs' yacht sets sail, spotted near Canary Islands: Apple's late co-founder's yacht is expected to be making its way to the US"?Macworld UK?8:13 AM
"This Immaculate iPhone Cake Looks Too Good To Eat [Image]?Cult of Mac?2:30 PM
Non-Apple News
"Why Facebook doesn't need its own phone"?CNET?1:47 PM
"Now Facebook is competing with everyone in local search, including Apple and Google"?VentureBeat?1:40 PM
"Samsung to preempt the iPhone 5S with the Galaxy S IV rocking a full HD display"?iDownload Blog?9:49 AM
Publications/Podcasts
"Weekly Podcast Episode 24: Best Of 2012 Edition"?Apple'n'Apps?7:43 PM
"CES -Dan Jelinek of Ogio Discusses Their Many Backpack and Carrying Solutions"?MacVoicesTV?6:51 PM
"CES ? Dov Friedman of Cocoon Innovations Shows The Newest Grid-It Products"?MacVoicesTV?4:27 PM
"CES ? Brian Le Gette of ZeroChroma Shows Off Their iPhone and iPad Cases"?MacVoicesTV?1:14 PM
"Apple to begin preliminary 'iPhone 5S' builds in March for June/July launch - report"?AppleInsider?11:11 AM
"iPhone 5S Reportedly Slated for March Production with June/July Launch"?MacRumors?1:47 PM
"Second Analyst Report Pegs iPhone 5S For Launch Date Sometime Around June 2013"?TechCrunch?1:47 PM
"Rumor: iPhone 5S Launching In June"?AppleBitch?1:47 PM
"Budget iPhone to go back to plastic?"?TechRadar UK?8:02 AM
"Rumor: Newly Designed Entry-Level iPhone on Track for 2013"?Patently Apple?8:07 AM
"Apple's Budget iPhone Will Feature A Plastic Exterior Shell With Possible Metal Innards, According To Report"?Redmond Pie?8:01 AM
"Low-cost iPhone might use plastic body, report claims"?CNET News?8:59 AM
"Rumor: Less Expensive iPhone Goes Back To Plastic"?AppleBitch?8:05 AM
"2012 iMac Benchmarks: Fusion Drive vs SSD vs HDD"?FairerPlatform?8:07 AM
"New 27-inch iMac's HDD, SSD and Fusion Drive options benchmarked"?TUAW?4:31 PM
"Holiday MacBook Sales Drop, Intel's New CPUs, Windows 8 Only for Newest PCs, and More"?Low End Mac?9:09 AM
"Use Non-Apple Mice and Keyboards, Create Keyboard Shortcuts, Disable Dashboard, and More"?Low End Mac?9:08 AM
Granted Apple Patents
"Apple Granted Patents for Cured Light-Transmissive Display System, the Original Maps + Compass App & iPhone 3GS Design"?Patently Apple?10:28 AM
"Apple wins patent for glass-on-metal trackpad designed by Jobs & Ive"?AppleInsider?9:04 AM
"Apple gets patent on its touted trackpad design"?The Verge?2:30 PM
"Apple has won a patent (number 8,346,762) from the U.S. Patent & Trademark Office for the creation, management and delivery of map-based media items."?AppleDailyReport?8:48 AM
Price Trackers/Deals
"GroupShot For iPhone and iPad Is Temporarily Available For Free (Normally $0.99)"?Apple Sliced?9:33 AM
"Polyroll For iPhone and iPad Is Free Right Now (Previously $1.99)"?Apple Sliced?9:33 AM
"Color Tower For iPhone and iPad Is Free Today (Was $0.99)"?Apple Sliced?9:33 AM
"15" MacBook Pro Prices & Sales"?MacPrices?8:17 AM
"13" MacBook Pro Prices & Sales"?MacPrices?8:17 AM
"MacBook Air Prices & Sales"?MacPrices?8:17 AM
"Apple AirPort Extreme Base Station Price Tracker -Prices From $89 to $179 -Best Prices, Deals, Reviews And Information"?MacReviewZone?1:13 PM
"Apple TV Buyer's Guide -Apple TV Prices, Deals, Reviews And Information"?MacReviewZone?1:21 PM
"PadGadget Daily App Deal ? 9 iPad Apps on Sale"?PadGadget?9:07 AM
"Mac Antivirus: Intego Virus Barrier, Net Barrier Save 30%"?FairerPlatform?11:04 AM
Deal Brothers Daily Deal: Headed to CES and need a cheap flight?
"What's rotting Apple?"?BetaNews?7:43 PM
"Cassandra -Wednesday Review -The Week in Full Swing"?eXtensions?6:10 PM
"A New iPhone Killer? Rumors have begun to swirl that Google is planning to release a new smartphone code-named 'X Phone.'"?The Motley Fool?5:00 PM
"Six Reasons Why I Still Wouldn't Own Apple Stock"?Forbes?2:29 PM
"Dear Apple Board, This Is How You Defend The Share Price"?Seeking Alpha?2:29 PM
"With licensing and cost issues, can Thunderbolt break out of its niche? Enthusiasm may have waned, but the technology should continue to spread in 2013."?Ars Technica?2:22 PM
"Leaving the iPhone: How Android Stacks Up"?Tech.pinions?1:39 PM
"Is Apple in Its Sammy Hagar Era?"?Minyanville?1:28 PM
"John Sculley: Apple Must Overhaul Its Supply Chain To Make The iPhone Cheaper"?Cult of Mac?11:36 AM
"Apple's Future Is In Plastics?"?Forbes?9:49 AM
"The Macalope Daily: A bad ride"?Macworld?9:40 AM
"The Battle Between Tech Giants Dell and Apple" [Video Report]?Bloomberg?9:36 AM
"How to Invest Amid Smart Phone Wars" [Video Report]?Bloomberg?9:36 AM
"Apple and Google, #1 and #2 Of World's Most Innovative Companies. Why?"?Forbes?9:35 AM
"Apple's Very Serious Market Cap Conundrum, Lessons of the Past and Present"?24/7 Wall St.?9:25 AM
"AppleCare At Heart Of New Lawsuit In Europe"?App Advice?9:19 AM
"Eight New Features We Want To See In iOS 7"?App Advice?8:53 AM
"Why I'm thinking of ditching my precious iPhone for an Android"?GigaOM?8:53 AM
"More economical iPhone model may utilize joint plastic/metal design"?Edible Apple?11:04 AM
"NYT chimes in on reduced parts orders for iPhone 5"?OSNews?9:03 AM
"iPhone 5: From Record-Breaking Launch To Wall Street'S Whipping Boy"?BGR?10:05 AM
"iPad Mini 2 arriving March 2013?"?T3?8:51 AM
"Ex-Windows Boss Steve Sinofsky: Here's Why I Use An iPhone"?Business Insider?8:26 AM
"Apple finally catches up to overwhelming iPhone 5 demand, cuts manufacturing"?Stabley Times?5:02 PM
"Apple Bloggers Seem Convinced The WSJ Got Played By Stock Manipulators"?Business Insider?8:27 AM
"Steve Jobs wins: Dell to sell itself off, give money back to the shareholders"?Stabley Times?8:05 AM
"When Is News About Apple Really 'News' About Apple And Why So Many Crazy Rumors?"?Mac 360?11:52 AM
"Needed: a mute switch for iOS notifications"?Macworld?8:02 AM
Non-Apple
"How to Protect Your Children From Phishing Scams"?Mashable?8:32 PM
"I used a Samsung Chromebook for two weeks --here's what I learned"?CITEworld?6:06 PM
"Facebook's Bold, Compelling and Scary Engine of Discovery: The Inside Story of Graph Search"?Wired?3:20 PM
"UBS slashes Microsoft Surface estimate in half: Any person of average intelligence randomly hired off the street could run Microsoft better than Steve Ballmer"?MacDailyNews?11:06 AM
"Best of CES 2013: Top Technologies That Took Home the Gold"?HotHardware?11:05 AM
"Tell Me Again How Surface Is the Tablet Consumers Really Want"?AllThingsD?8:26 AM
"Can Michael Dell save his struggling PC empire? The one-time leading global computer retailer has hit hard times. Now, Dell's founder Reportedly wants to take his company private"?eWeek?8:54 AM
"The Challenges of Taking Dell Private"?New York Times [Free/Paid Registration Required]?2:02 PM
"Dell Buyout Talks: How a Role for Michael Dell Would Play"?WSJ Blogs?2:05 PM
"Dell faces challenges in private buyout plan, analysts say: Dell's market capitalization and recent transition struggles could create problems in finding potential investors"?IDG News Service?2:05 PM
"Silver Lake in advanced Dell buyout talks: sources"?Reuters?1:40 PM
"Dell stock rises Tuesday during talks of possible buyout"?CNN?8:55 AM
"Dell Wants To Take Itself Off The Stock Market"?Uproxx?8:56 AM
"HP Tops Global PC Sales Market at the End of 2012"?Tom's Hardware?8:58 AM
"HP launches converged cloud business unit: Hewlett-Packard rolls its cloud software and services into a single unit"?IDG News Service?9:04 AM
"Is Hewlett-Packard stock a bargain or a landmine? A longtime critic of the PC maker wonders if the time (and price) is right for a buy."?InvestorPlace?2:06 PM
"HP Envy 23 TouchSmart review: Sleek, sturdy and a win for consumers"?PCWorld?9:03 AM
"If It's Not In Graph Search, Facebook Hands Your Query Off To Bing"?TechCrunch?1:39 PM
"Microsoft: Facebook's Graph Search is a 'unified search experience' with Bing technology"?The Next Web?2:11 PM
"Facebook's graph search and Microsoft's Bing: It's complicated"?ZDNet?2:13 PM
"Microsoft goes public with its plan to manage Windows, iOS and Android devices"?ZDNet?10:55 AM
"Fourth Quarter iPad Sales Walk All Over Surface RT"?HotHardware?9:15 AM
"Just one million Surface RTs sold?"?ZDNet?9:16 AM
"Lenovo rumored to offer Chromebooks in May - should Microsoft be concerned?"?Neowin?9:17 AM
"Intel's Latest USB 3.0 eXtensible Host Controller Driver Is Out"?Softpedia?9:01 AM
"Intel will not disclose workload details of 7W SDP Ivy Bridge chips"?The Inquirer?9:14 AM
"Intel admits it should have clarified SDP in Skaugen's CES presentation"?The Inquirer?9:01 AM
"Samsung's Chromebox gets an Intel Core i5 chip"?TG Daily?11:16 AM
"AMD's Earning Preview: Factors That Instill Hope Amid A Dismal Year"?Trefis?2:08 PM
"RAIDCore under the bonnet of AMD A-Series APU"?Fudzilla?9:00 AM
"IBM, Universities Team Up To Build Data Scientists"?TechWeb News?12:10 PM
"IBM Says Steampunk Looks Will Be All The Rage at National Chains This Year"?Forbes?9:14 AM
"In-store shoppers likely to head online next time they buy - IBM"?Reuters?9:11 AM
"How To kill Java dead, dead, dead: Client-side Java is an outdated technology that now does more harm than good: and must be eliminated despite its widespread use"?InfoWorld?9:49 AM
"What the latest Java flaw really means"?InfoWorld?9:48 AM
"Java security comes down to 'war of attrition': Users and Oracle both need to do their part against a malware industrial complex that can quickly attack any security hole"?Computerworld?10:10 AM
"Oracle adds monthly on-demand option for cloud infrastructure service"?ZDNet?2:14 PM
"The PC is dying; long live personal computing! Windows PCs' market share is plummeting: mainly due to the changing definition of a PC and the rise of the post-PC vision"?InfoWorld?9:48 AM
"Traditional PCs still rule, Reports says"?The Globe and Mail [Free Registration Required]?9:43 AM
"Samsung jumps to third spot in foundry ranking"?EE Times?9:39 AM
Finances
(Click heading for current Apple Stock price.)
Apple News
"Apple below $500: Give the bears their due"?The Globe and Mail [Free Registration Required]?7:44 PM
"Sticking With Apple's $700 Price Estimate Despite The Market Noise"?Forbes?6:10 PM
"Handicapping Apple's quarterly earnings and revenue: Q1 2013/If Apple is about to report its best ever quarter, why does the stock keep falling?"?Fortune?3:43 PM
"With Apple Stock at the iPhone's Mercy, Time to Play Defense"?Money Morning?2:40 PM
"Should Apple Investors Look to Einhorn for a Bailout? One of Apple's most vocal supporters in recent months has been the hedge fund manager David Einhorn. As of its last filing in September, Einhorn's Greenlight Capital had over 12 percent of its money tied up in the Cupertino tech giant."?Benzinga Insights?1:55 PM
"Apple Stock Slide Could Cost It the Market Cap Lead"?AllThingsD?1:46 PM
"Apple Down 8% In 2013" [Video Report]?CNBC?12:15 PM
"Apple falls below $500"?CNNMoney?9:58 AM
"Apple's once mighty stock continues to crumble, sinks below $500"?VentureBeat?9:24 AM
"Apple Stock Bottoms Here: DeMark"?CNBC?7:43 PM
"Why Wall Street Might Be Hitting The Panic Button On Apple Too Early"?BGR?11:44 AM
"Apple shares still below biggest target cuts"?MarketWatch?11:44 AM
"Apple Analyst Sees $750 Ahead and 4 Investor Insights Making Rounds"?Wall St. Cheat Sheet?9:22 AM
"Multi-Fineline Off On Margin Warning; Bad Sign For Apple?"?Forbes?9:41 AM
"Apple: Nomura Target To $530 From $660; Shrs Below $500"?Forbes?8:56 AM
"Cramer on Apple: Tough Stock to Own" [Video Report]?CNBC?9:02 AM
"Apple Opens In $400 Range"?BGR?9:02 AM
"Apple IPhone Suppliers Decline on Report Orders Cut by 50%"?Bloomberg?9:36 AM
"Multi-Fineline Off On Margin Warning; Bad Sign For Apple?"?Forbes?9:48 AM
"Apple suppliers' shares fall on report of cut in orders"?BBC?8:08 AM
Industry News
"Asia Markets: Most Asian markets drop, Japan stocks slide/Asian markets mostly declined Wednesday, with shares in Hong Kong weakening ahead of an annual policy speech of the city's leader and Japanese stocks skidding on a firmer yen."?MarketWatch?9:26 PM
"Yelp stock falls 8% on Facebook Graph Search news"?CNNMoney?4:02 PM
"Blue Chips Add to Gains"?WSJ.com [Paid Membership Required]?4:39 PM
"Stocks Jumbled Ahead of Company Earnings"?TheStreet?4:03 PM
"Stocks little changed on Wall Street; Apple slides"?Denver Post?4:03 PM
"Intel to GE Stuck in Profit Slump as U.S. Rebound Stalls"?Bloomberg?9:02 AM
"Dell Rallies Again as Buyout Talk Gains Steam"?FOXBusiness?9:42 AM
"Taking Dell private would be doable, but tricky"?MarketWatch?12:02 PM
"Dell buoyed by buyout talk"?CNNMoney?9:02 AM
"Dell gains, Apple falls again in early trading"?MarketWatch?8:55 AM
"Majesco profits in decline amid restructuring"?GamesIndustry?10:24 AM
"Ahead of the Bell: RadioShack"?Associated Press [Free Registration Required]?9:30 AM
"SAP fourth-quarter revenue misses expectations"?Yahoo! News?8:50 AM
"Asia Markets: apan, China stocks rise in mostly lower Asia/ Most Asian markets ended lower Tuesday as worries about the U.S. debt ceiling impasse led investors to take profit after a strong recent run."?MarketWatch?9:23 AM
"Europe ends flat; revenue rise boosts Burberry: Upside capped by U.S. debt worries, German growth data/European shares ended little changed Tuesday, with luxury retailer Burberry Group PLC gaining ground on strong sales while the broader market fought to a standstill amid worries over the U.S. debt ceiling and European growth."?MarketWatch?11:36 AM
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