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NAS:AAPL, Jul 15, 11:03 UTC

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Thursday, June 25


News

Apple Highlights More Projects Designed by Swift Student Challenge Winners

AAPL

Apple Highlights More Projects Designed by Swift Student Challenge Winners. Apple hosts a Swift Student Challenge ahead of WWDC each year, tasking students with creating an innovative Swift Playgrounds project. French student Louise Pieri designed Meep, a two-level game where one level is normal and the second level is upside-down, and 18-year-old Devin Green created an AI bot named Stanny. More about the projects of some of the Swift Student Challenge winners can be found on Apple's developer site, on Apple Newsroom, and in the App Store.

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Apple to re-close 14 stores in Florida due to virus uptick

AAPL

Apple to re-close 14 stores in Florida due to virus uptick. {{monthName}} {{day}}, {{year}}, {{hour12}}:{{minuteTwoDigit}} {{dayPeriod}}. June 25 (Reuters) - Apple Inc said on Thursday that it would close 14 stores in Florida starting Friday due to a rise in COVID-19 cases. The company said earlier this week it would close seven stores in the Houston area after cases rose there after an earlier round of re-closures last week in Florida, Arizona, South Carolina, and North Carolina. (Reporting by Stephen Nellis in San Francisco).

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Apple (AAPL) Buys Mobile Device Management Startup Fleetsmith

AAPL

Apple AAPL recently acquired Fleetsmith, a San Francisco-based startup company. Fleetsmith helps with device setup and security patching for Apple devices including Macs and iPhones that are used in enterprise settings and manage fleet-wide issues in a single place.This new addition is expected to bolster the iPhone maker’s tools and enhance iPhone, iPad, and Mac enterprise features. Neither of the companies have disclosed the amount paid by Apple for the acquisition.Fleetsmith’s acquisition provides Apple with a remote management option at a time when it’s essential with so many employees working from home worldwide due to the coronavirus outbreak. Key Focus of Fleetsmith Device Management SoftwareWith Fleetsmith's acquisition, it seems that Apple is looking to further bolster its own first-party device management options for enterprise and education customers. Fleetsmith’s MDM software makes it easier to remotely configure, wipe and deploy these devices, specifically focusing on Apple products.The startup has built technology that takes advantage of Apple’s Device Enrollment Program that allows IT departments to bring new machines online from the very first time they are powered.Over time, Fleetsmith has layered on other useful pieces beyond automating device registration, like updating devices automatically with OS and security updates, while letting IT see a dashboard of the status of all devices under management on a slick interface.Apple’s Push Toward MDMThe acquisition of Fleetsmith is a push by Apple into the mobile device management industry, a category of business software dominated by players such as Microsoft MSFT and VMware.Per Mordor Intelligence Report, the global Mobile Device Management Market was valued at $3.4 billion in 2019 and is expected to reach $10.67 billion by 2025, at a CAGR of 21% over the forecast period 2020-2025.The iPhone-maker has been focusing on the enterprise market, partnering with companies such as International Business Machines IBM, SAP SAP and Cisco and persuading businesses to buy iPhones and Macs as tools for their workforce.This Zacks Rank #3 (Hold) company partnered with IBM back in 2014 to create enterprise applications for iOS devices.

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Apple's 256GB iPad mini is $50 off at Amazon

AAPL

Amazon is making it easier to buy a small tablet that still has gobs of storage for apps and videos. The retailer is selling the current-generation iPad mini with 256GB of storage for $50 off, bringing the WiFi-only version down to $499 while the WiFi + Cellular model has dipped to $629. Given that each comes with a modest 64GB of space in their base configurations, this might be your best chance in a while to future-proof your storage without paying the usual premium. You likely know what to expect from this iPad mini, but that’s not necessarily a bad thing.

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Apple and Disney prove reopening isn’t easy

AAPL DIS

Apple and Disney prove reopening isn’t easy CNN June 25, 2020. Companies that were forced to shut down parts of their business due to Covid-19 have seen this summer as a chance to start getting back on track. But surging cases in a number of US states are forcing firms like Disney and Apple to scuttle their plans or reverse course, underscoring the difficulty of planning for the future amid a pandemic. What’s happening: Disney is delaying the phased reopening of Disneyland in California, which had been set to welcome back guests on July 17. And Apple said it would shutter seven stores that had reopened in Houston, Texas, days after it closed 11 stores across Florida, North Carolina, South Carolina and Arizona. The decisions come as Florida, Texas and California — the three most populous US states — have announced record surges in cases this week. If the case trajectory continues in Houston, it could be the hardest-hit city in the United States. Shares in the company, which have lost 90% of their value in less than a week, were suspended on the Frankfurt stock exchange, my CNN Business colleague Charles Riley reports.

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Poq Reveals How New Apple Announcement Is a Game-Changer for Ecommerce Apps

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Poq Reveals How New Apple Announcement Is a Game-Changer for Ecommerce Apps. App Clips: Apple describes App Clips as a "small part" of the app designed to be discovered the moment it is needed. For retailers, App Clips mean shoppers have the ability to Sign in with Apple and use Apple Pay to quickly make purchases on the go. Mac computers will be moving to Apple's own silicon chips, meaning iOS and iPad apps are automatically executable on desktop. And Catalyst - Apple's app to convert iPad apps to desktop apps - makes the process whole lot easier on Big Sur (Mac OS 11). Poq anticipates that these updates will not only improve the experience shoppers have on retailer's and brand's apps but will make them easier to discover and easier to re-engage shoppers who have already downloaded the apps.

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Wednesday, June 24


News

App Clips could be a Trojan Horse for Sign In with Apple

AAPL

Apple first came up with its “Sign in with Apple” service last year as a privacy-focused alternative to Google and Facebook. These are often used as a convenient alternative to signing up for a new account every time you want to test a new app or read a news story. For a lot of people, it’s just easier to rely on a single login and password. Unfortunately, whenever you use a login from Google and Facebook, that allows the website in question to request data about you, such as your name, birthday, your internet activity, and more. Apple also claims that it won’t let these third-party companies use the login to track your internet activity like Google or Facebook might. As a way to spread the Sign in with Apple service to its customer base, the company made it mandatory for apps to include it as an option if they already had third-party logins. But as widespread as it is, most people will likely already have existing Google or Facebook logins that they use with their favorite apps. And even though Apple’s login option might have better privacy features than its rivals, A) that’s not the kind of information that’s easily conveyed in most apps and B) most people probably don’t care very much.

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Warren Buffett's $90 billion Apple stake represents a ridiculous 20% of Berkshire Hathaway's market value

AAPL BRK.B

Apple's stock price has surged by 44% since then, from about $254 to more than $366 at the close of trading on Monday. Read More: Dave Portnoy, the poster child of the day-trading boom, told us why he thinks Warren Buffett is 'past his prime' and was wrong to ditch airline stocks. Berkshire also boasted $137 billion in cash and short-term investments at last count, valued its total assets at $760 billion, and generated about $255 billion in revenue and $82 billion in net earnings last year from its insurance firms, railroads, utilities, energy providers, manufacturers, and other businesses. Here's a chart showing the decline in Berkshire's market cap this year and how its Apple stake has grown as a percentage of its market cap:.

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BMW and Apple announce car keys on iPhones

AAPL BMW

BMW is to become the world’s first carmaker to allow Apple iPhone users to use their smartphone as a car key. Owners can even electronically share the car key with up to five people. All iPhones from the iPhone XR and iPhone XS and newer will be compatible, as will the Apple Watch Series 5 or newer. BMW has thought ahead in case an owner’s iPhone goes flat, too: the car key will still function for up to five hours after an iPhone with a flat battery shuts down.

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Tuesday, June 23


News

Why Apple's WWDC20 Is A Catalyst For These 9 Semiconductor Stocks

AAPL INTC

Apple Inc. (NASDAQ: AAPL) kickstarted its virtual Worldwide Developer's Conference Monday, and an analyst at BofA Securities sifted through the announcements to analyze their ramifications for the semiconductor sector. Intel Logged Out of Macs: Apple's decision to replace Intel Corporation (NASDAQ: INTC)-based CPUs with custom ARM processors is a modest headwind to the chip giant, as Mac processors account for roughly 3.5% of Intel's sales, analyst Vivek Arya said in a note. Apple's plan to switch is a long-term negative but it is unlikely to be replicated in the remaining 90% of the PC market, given ARM-based PCs' struggle for establishing compatibility with the PC ecosystem dominated by x86-based applications, he said. New Use Cases For Apple's U1 Chips: The U1 chip, incorporating ultra wideband technology, which allows transmission of data at low power, is likely to make an entry into the auto applications in a big way, Arya said.

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