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Last $126.44 USD
Change Today -0.16 / -0.13%
Volume 27.2M
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).

apple inc (AAPL) Key Developments

Apple Loses Court Battle over E-Book Price Fixing

US federal appeals court ruled that Apple broke antitrust laws in a price-fixing scheme with book publishers, clearing the way for a $450 million (EUR 404 million) settlement. The Second Circuit Court of Appeals agreed with a lower court ruling that the 'orchestrated a conspiracy' among Simon and Schuster, Macmillan and other major publishers to raise digital book prices at the launch of its iBookstore service in 2010. Last year, Apple agreed to pay $450 million to settle consumer claims and government penalties in the case. Under the settlement terms, if Apple's appeal had succeeded, it would have had to pay only $70 million.

Apple to Launch Apple Watch in Italy, Mexico, Singapore, South Korea, Spain, Switzerland and Taiwan, Beginning June 26, 2015

Apple Inc. has announced that it will launch Apple Watch in Italy, Mexico, Singapore, South Korea, Spain, Switzerland and Taiwan, beginning June 26, 2015, from the Apple Online Store and select Apple authorized resellers. Highly customisable for personal expression, Apple Watch also brings an entirely new way to receive information at a glance and interact with the world through third-party app experiences designed specifically for the wrist. Apple Watch introduces revolutionary technologies including the Digital Crown, an innovative way to scroll, zoom and navigate fluidly without obstructing the display. The Retina display with Force Touch on Apple Watch senses the difference between a tap and a press, providing a new way to quickly and easily access relevant controls.

Apple Confirms UK Apple Pay Launch in July

Apple confirmed at WWDC15 that it will launch its Apple Pay mobile payment platform in the UK in July. The company said that it will be backed by banks providing nearly 70% of the UK's credit and debit cards, including Lloyds Bank, HSBC and Bank of Scotland.

Apple Announces OS X El Capitan with Refined Experience & Improved Performance

Apple announced OS X® El Capitan, a new version of OS X that refines the Mac® experience and improves system performance. El Capitan introduced enhancements to window management, built-in apps and Spotlight® search, and makes everyday activities — from launching apps to accessing email — faster and more responsive. Metal™, Apple’s breakthrough graphics technology, is integrated into El Capitan, delivering system-wide performance gains and enabling games and pro apps to tap into the full power of Mac graphics processors. OS X El Capitan refinements begin with the new system font, San Francisco, a modern and easy-to-read typeface that looks stunning on a Retina® display. Mission Control®, the quickest way to view all open windows, has a cleaner design so one can find the window that need even faster. When desktop gets crowded, simply drag a window to the top of screen to access the new Spaces Bar in Mission Control and create a new Space, OS X’s intuitive way to group applications. And, the new Split View feature automatically positions two app windows side-by-side in full screen so one can work with both apps without distraction. Built-in apps are even more streamlined in El Capitan. Safari® now features Pinned Sites to keep one’s favorite websites open and active in tab bar and a new mute button to quickly silence browser audio from any tab. Mail introduced Smart Suggestions, which recognizes names or events in a Mail message and prompts to add them to their contacts or calendar with a single click. One can also now swipe to delete messages, just like in iOS, and juggle multiple emails while Mail is in full screen. In Photos, one can add locations to a single image or an entire Moment, and sort albums by date or title. Additionally, you’ll be able to download third-party editing extensions from the Mac App Store? and access them directly within the Photos app. With the all-new Notes app in El Capitan one can drag and drop photos, PDFs, videos and other files into notes, and add content directly from other apps, such as Safari or Maps, using the Share menu. Easy-to-create checklists help keep track of important to-do items, and the new Attachments Browser organizes their attachments in one simple view, making it easy to find what you’re looking for. With iCloud®, notes stay in sync across all enabled devices. Spotlight gets even smarter in El Capitan, generating results for even more topics, including weather, stocks, sports, transit and web video. One can now resize the Spotlight window to display more results or move it anywhere on desktop, and use natural language to find documents and files on Mac based on when they were created or who sent them to.

Apple Previews New Apple Watch Software

Apple previewed watchOS 2, the software update for Apple Watch, giving developers the tools to build faster and more powerful apps running natively on Apple Watch. Starting developers can take advantage of innovative hardware features of Apple Watch including the Digital Crown, Taptic Engine and heart rate sensor, along with software APIs to build new app experiences. Available to Apple Watch users this fall, watchOS 2 also includes new watch faces, third-party app information as watch face complications and new communication capabilities in Mail, Friends and Digital Touch. WatchKit for watchOS 2: Developers have already created thousands of apps for Apple Watch, and WatchKit now gives them access to key hardware like the Digital Crown, Taptic Engine, heart rate sensor, accelerometer and microphone. New software APIs enable audio and video playback and animation, and with the ClockKit framework, developers can represent their data as complications on the watch face. These new tools allow developers to make apps more robust. For example, Strava can more accurately track customer heart rate while on a ride or run using data from the heart rate sensor and accelerometer; Insteon can give customers more precise controls to dim their lights or control the temperature with the Digital Crown; Volkswagen owners can get haptic feedback when their car door has been locked; WeChat includes audio messaging using the microphone; and Vine can host and play video right in the app. Additional watchOS 2 features include: Nightstand Mode that transforms Apple Watch into a bedside alarm clock, with the Digital Crown and side button serving as snooze and off buttons for the alarm; the ability to use merchant rewards and store-issued credit and debit cards with Apple Pay™, which can be added to Wallet; support for Transit in Maps, so customer can view detailed transportation maps and schedules, including walking directions to the nearest stations with entrances and exits precisely mapped; workouts from third-party fitness apps contributing to customer all-day Move and Exercise goals; using Siri® to start specific workouts, launch Glances and reply to email; and Activation Lock, which lets users secure their Apple Watch with their Apple ID, preventing another user from wiping or activating the device if it is lost or stolen.


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Price/Sales 3.5x
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Price/Cash Flow 15.2x
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