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Apple stock hits record prices.

imageShares of Apple, Inc. (AAPL) closed at a historic high of $223.02 today after rising $3.94 or 1.8% during a busy trading day.

The previous record closing price for the company’s stock was set yesterday when it closed at $219.09.

Apple is currently ranked the fourth most valuable publicly-traded company in the United States, behind Wal-Mart (WMT), Microsoft (MSFT) and Exxon Mobil (XOM).

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Financial

Sources say Apple was coerced into iTunes LP.

imageApple was apparently muscled into promoting the purchase of entire albums through the iTunes Store by members of the Recording Industry Association of America.

As part of the agreement which lifted digital rights management from iTunes in April 2009 and subsequently introduced a varied price structure for songs, Apple was obligated to support the iTunes LP format.

Leaders in the recording industry who’ve seen their businesses take a huge hit due to Apple’s pay-for-the-songs-you-want model hope to reinvigorate the market for complete albums with this move.

Continue reading Sources say Apple was coerced into iTunes LP.

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iTunes

Survey investigates iPhone addiction.

imageA recent survey conducted at Stanford University indicates that students are becoming habitually and compulsively involved with Apple’s celebrated smartphone.

In a survey of 20 students with iPhones, 69% reported that they likely forget their wallet before forgetting their phone.

On a scale of addiction to the iPhone from 1 to 5, 10% reported themselves a 5, or fully addicted, 34% percent reported a level 4 addiction and just 6% said they were not addicted at all.

Of those who had not reached a level 5 addiction, 32% were concerned that they would become addicted in the future.

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iPhone

App Store clutter reduction continues.

imageNow that many ”overtly sexual” applications that are not offered by a large brand have been givin a swift boot from the App Store, Apple is moving on to the removal of iPhone apps built using templates from app-building services.

The company is not nessasarily against templates, however the App Store has become clogged with applications made with them that simply replicate the function of a standard web page.

Apple wants to maintain the unique and perceived usefulness of the iPhone, according to observers, and the abundance of these types of apps threatens to dilute that.

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App Store

Windows 7 tablet spotted; features web cam.

imageFor those who do not want to wait for its April 3rd release, a device has surfaced that offers a bulkier, more expensive alternative to the iPad.

The Ezy Tablet PC, a tablet computer with a 10.2” multitouch screen, is available now with 2GB or 4GB of RAM and support through 3G and WiFi.

The device’s battery life is just 3.5 hours compared to the iPad’s 10 hours and in weighs in at a hefty 2.2 pounds but features a built-in 1.3-megapixel webcam.

Continue reading Windows 7 tablet spotted; features web cam.

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iPad

Game Developers Conference dedicates mobile summit to iPhone OS.

The annual Game Developers Conference is taking place this week with heavy importance given to the iPhone OS platform.

GCD traditionally invited thousands of game developers to a two to four day summit consisting of panels and sessions, including GDC Mobile, which dealt with all mobile and handheld devices.

Realizing the iPhone OS platform’s meteoric rise, the GDC board has now decided to conduct the iPhone Games summit on Tuesday and Wednesday of this week in San Francisco.

Sessions will include:
- How to keep your game on top of the charts
- Fastest path from concept to Top Paid
- A big dash of success: how to capture the female iPhone gamer

The release of the long-awaited iPad tablet device on April 3 will surely provide further spark to gaming on the iPhone OS.

Categories:
iPhone

9 out of 10 Oscar doc nominees choose Apple.

imageOut of the ten nominees in the categories of Best Documentary Feature and Best Documentary Short at the 82nd Academy Awards Sunday, nine used Apple’s Final Cut Studio to make their films.

Using programs like Motion and Final Cut Pro, which are included in the Final Cut Studio package, filmmakers are able to produce highly refined rough cuts enabling editors to present a very polished final product.

CNet reports that Kim Roberts, editor of Documentary Feature nominee, Food, Inc said, “I tend to work on a lot of independent documentaries and Final Cut Pro is affordable and a good application. It’s been a natural choice for filmmakers.”

Continue reading 9 out of 10 Oscar doc nominees choose Apple.

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iMac

CBS to stream live March Madness games over 3G.

imageFor the first time ever iPhone users can enjoy the NCAA tournament live through AT&T’s 3G network.

The latest version of the CBS March Madness application, expected to be released today through iTunes for $9.99, will stream games live anywhere with AT&T 3G coverage.

The application will provide live radio broadcasts, overtime and potential upset alerts, and an interactive tournament bracket with real-time scores.

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App Store

First iPad ad airs during 82nd Oscar Awards. (video)

Apple aired the first iPad ad during the 82nd Annual Oscar Awards show tonight.
Steve Jobs was also spotted at the Oscars this evening.

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O2’s iPhone plan references “video calls.”

imageThe “key features” list for the iPhone plan offered by O2’s British division seems to provide evidence that video conferencing will be a feature of the next-generation iPhone.

The list of features indicates that “UK video calls” will cost iPhone users on O2’s British network the “same as voice calls” or “20p/min.”

Redmond Pie reports that in addition to a 5-megapixel camera with LED flash and a faster processor, the iPhone 4G could likely support video calling.

Continue reading O2’s iPhone plan references “video calls.”

Categories:
iPhone

LOOPRumors announces Free iPad contest.

imageFollow us on twitter and you could win a free Apple iPad.  Winning is easy.  When Apple released the Magic mouse, we gave one away to Philip Thompsen of West Chester, PA.

The best way to follow our twitter feed is to have them sent to your mobile phone right when we tweet!  Look for the first clue to the contest next week.

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US iPad available April 3; late April for Wi-Fi+3G models; pre-orders start March 12.

imageApple today announced that its magical and revolutionary iPad will be available in the US on Saturday, April 3, for Wi-Fi models and in late April for Wi-Fi + 3G models. In addition, all models of iPad will be available in Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland and the UK in late April.

Continue reading US iPad available April 3; late April for Wi-Fi+3G models; pre-orders start March 12.

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iPad