The Italian government is investigating Apple for allegedly hiding €1B ($1.34B) from local tax authorities.
The investigation comes amid an ongoing EU probe into the tax deals provided by Ireland, Luxembourg, and The Netherlands to Apple and others, and six months after Tim Cook testified at a Senate hearing regarding Apple's tax payments on overseas profits.
Two issues that will be closely watched:
1) Supply constraints. There have been multiple reports stating early Mini supplies will be limited due to display shortages, and Tim Cook admitted on the FQ4 CC it isn't clear if Apple will be able to meet Dec. quarter demand.
2) How much the Mini's premium pricing - the device starts at $399 at a time when the Nexus 7 and Kindle Fire HDX, each of which also have high-res displays, start at $229 - will affect sales
Albany's Times Union reports GlobalFoundries (the world's #2 chip foundry) is getting set to produce Apple's A-series processors at a Malta, NY fab, in partnership with current manufacturer Samsung.
TSMC , which has been expected to handle a growing share of A-series production, might not be happy to hear that.
Icahn: Cook still studying buyback proposal
Carl Icahn tells CNBC he recently had a "good conversation" with Tim Cook, and that the Apple CEO is still studying Icahn's $150B buyback proposal.
IMO Cook shall study it for the next couple of years and invest in new products engineering and not in financial engineering.
Bloomberg reports Apple plans to release iPhones featuring 4.7" and 5.5" displays, as well as "glass that curves downward at the edges," in 2H14.
Apple is also reportedly thinking of integrating "sensors that can distinguish heavy or light touches on the screen" in subsequent models; this suggests the inclusion of advanced haptic feedback tech.
Likewise, both Dell and HP gained market share on Apple in the PC space.
Now that the new MacBook Pro is available, it will be important to see how market share gets divided up. Many argued that potential Mac buyers were simply waiting for the new Apple machine, and that was the cause of the Apple sales slowdown.
Ha! It was closer to CSI work than the way you describe it. Using a copy of the person's fingerprint to "hack" the fingerprint reader is NOT a hack, just like finding a sheet of paper or a file where the person wrote down their passcode and using that to get in is not a hack. The fingerprint reader is far more secure in everyday situations. Thieves will avoid the car with "the club" and steal one without it and this is a comparable situation.