Apple Officially Appoints Luca Maestri as New CFO

Apple has officially appointed Luca Maestri as its new Chief Financial Officer (CFO), a filing to the United States Securities and Exchange Commission (SEC) yesterday reveals. Maestri will also be promoted to one of the company’s Senior Vice Presidents. Maestri succeeds Peter Oppenheimer, who has been Apple’s CFO for the past 10 years. Prior to his position … Continue reading Apple Officially Appoints Luca Maestri as New CFO

Goldman Sachs Adds to Sea of Optimism, Raises AAPL Price Target to US$720

Yesterday, UBS analyst Steve Milunovich raised his price target for Apple’s shares to US$700 from US$625, citing possible strong demand for Apple’s upcoming iPhone 6. Goldman Sachs analyst Bill Shope has added to the sea of optimism, revising his AAPL price target to US$720 from US$635 in a new research note released today (via Appleinsider). … Continue reading Goldman Sachs Adds to Sea of Optimism, Raises AAPL Price Target to US$720

Apple’s PR Chief Katie Cotton Officially Retires After 18 Years

Following reports earlier this month that Apple’s longtime PR chief Katie Cotton was set to retire, Re/code’s Kara Swisher has published a report revealing that today is Cotton’s last day with the firm after 18 years. Today, Katie Cotton, perhaps the most powerful communications exec in tech, is retiring from Apple after 18 years. As Code/red columnist John Paczkowski … Continue reading Apple’s PR Chief Katie Cotton Officially Retires After 18 Years

iOS 7 Adoption Rates Hit New Highs Ahead of iOS 8 Announcement

Ahead of Monday’s Worldwide Developers Conference (WWDC), iOS 7 adoption rates for iPhone and iPad users have hit new highs, according to a report by online advertising network Chitika Insights. iOS 7 adoption is now at 89.7% for iPhone users and 84.8% for iPad users. With iOS 8 expected to be at least partially unveiled … Continue reading iOS 7 Adoption Rates Hit New Highs Ahead of iOS 8 Announcement

New Banner Points to “Yosemite” As Possible Name for Next-Generation OS X

As Monday’s WWDC event draws nearer, Apple has begun hanging up banners at the Moscone Center, one of which provides a glimpse of iOS 8 – the company’s next-generation mobile operating system expected to be unveiled on Monday. The Verge has posted an extensive gallery of photos taken at the event’s venue, with another photo showing off … Continue reading New Banner Points to “Yosemite” As Possible Name for Next-Generation OS X

iOS 8 Banner Unveiled at Moscone Center Ahead of WWDC

Following news that Apple is almost done with decorations at Moscone Center for Monday’s Worldwide Developers Conference (WWDC), users have begun posting photos of banners being hung up at the event’s venue. A tweet by Business Insider’s Jay Yarow was the first to show off a banner of iOS 8 – Apple’s next-generation mobile operating … Continue reading iOS 8 Banner Unveiled at Moscone Center Ahead of WWDC

Apple to Ramp Up Mobile Advertising Efforts for iTunes Radio

Apple will be stepping up its mobile advertising efforts for iTunes Radio later this year, with plans to deploy locally-targeted ads and promote content via its iAd advertising network, according to tech site The Information (via Appleinsider). In a move that strikes at the heart of Pandora’s advertising business, iTunes Radio is expected to enable … Continue reading Apple to Ramp Up Mobile Advertising Efforts for iTunes Radio

Free ‘Single of the Week': Sam Smith – Life Support

This week’s free Single of the Week on the iTunes Store is “Life Support” by British singer-songwriter Sam Smith. Cambridgeshire native Sam Smith had his breakthrough as the featured vocalist on Disclosure’s international hit, “Latch”. In the months since, he’s developed an unstoppable momentum, earning a BRIT Critics’ Choice Award, offering a stunning performance on Saturday … Continue reading Free ‘Single of the Week': Sam Smith – Life Support