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Bad Santa Buys Bonds, Bullion, & Bitcoin; Rotten Apple Spoils Promised Stock Rally

This was not teh Santa Claus rally that everyone was promised…   All thanks to 'rotten' Apple… as analysts lowered iPhone X shipment projections for the first quarter of next year, citing signs of lackluster demand at the end of the holiday shopping season, and the company’s shares fell Tuesday along with those of some […]


NSA Whistleblower Snowden Launches Mobile App For Paranoid People

Famed NSA Whistleblower Edward Snowden has just launched Haven, an app for people to transform any Android smartphone into a high-tech security system for detecting intrusions. Snowden, while currently on the run from the CIA, hiding somewhere in Moscow until 2020, has found enough time to launch his new mobile security app last Friday for […]


Apple Admits Secretly Slowing Down Older iPhones

Apple settled long-standing conspiracy theories surrounding claims that the company was purposefully slowing down older iPhones in order to force people into buying newer models – and there’s a “perfectly good” explanation. Batteries In early December, Reddit user TeckFire posted a report in the iPhone subreddit, noting that after experiencing a painful slowdown on his […]


Is The iPhone X Racist?

A woman in the eastern Chinese city of Nanjing has been offered a second refund after faulty facial recognition software on two iPhone X handsets allowed her colleague to unlock them. As The South China Morning Post reports, the woman, identified only by her surname Yan, told the Jiangsu Broadcasting Corporation that despite activating and […]


Dialog Semi Crashes On Report Apple Will Use Its Own Power Chips

UK-based Dialog Semiconductor crashed as much as 17% following a Nikkei report that Apple will design its own power chips for use in iPhones as early as 2018, cutting dependence on Dialog “as it seeks to boost its semiconductor capabilities to better compete with rivals.” As the Nikkei adds, The main power management chip controls […]


Foxconn Interns Worked Illegal 11-Hour Shifts To Meet iPhone X Demand

Apple and Foxconn have a well-documented history of labor abuses ranging from underpaying employees to compulsory over time that have been blamed for a slew of deaths and suicides among Foxconn's workforce. These abuses were widely covered in the media around 2012 but largely disappeared from the headlines after Apple CEO Tim Cook said he […]


Hackers Crack Apple’s Face ID With $150 Mask

Here’s the latest sign that the long-awaited facial recognition technology introduced by the iPhone X that caused production delays and myriad other headaches for Foxconn and its suppliers doesn’t live up to Apple’s lofty claims: A group of Vietnamese hackers became the first in the world to defeat the phone’s Face ID security, accomplishing the […]


Do Not Break Your iPhone X

With the iPhone X, Apple’s re-designed anniversary iPhone, official launch today, we saw the familiar images of people lining up in front of Apple Stores around the world to be among the first ones to get their hands on the new device. Despite the X’s lofty price – it starts at $999 for the smaller 64 GB model, […]


Apple Launches The iPhone X, And Lines Around The Block Return

The moment Apple geeks were waiting for arrived this morning with the launch of the iPhone X aroudn the world. The new phone went on sale and was greeted by huge crowds outside Apple stores in some Australian and Asian cities. What a difference a month makes when we reported in "This Is Embarrassing": 2 […]


Apple Soars To $900 BN In Mkt Cap After Crushing Earnings And iPhone X Guidance

While Apple gets a freebie in the current (fourth) quarter, as it came just before the official release of the iPhone 8 and X, traders were still looking at overall trends and guidance from Tim Cook on what to expected from the all important holiday quarter. What they got was just what they requested, with […]


Apple Soars To $900BN In Mkt Cap After Crushing Earnings And iPhone X Guidance

While Apple gets a freebie in the current (fourth fiscal) quarter, as it came just before the official release of the iPhone 8 and X, traders were still looking at overall trends and guidance from Tim Cook on what to expected from the all important holiday quarter. What they got was just what they requested, […]


Apple To Dump Qualcomm Chips As iPhone 8 Sales Collapse In China

The bitter legal dispute between Apple and Qualcomm has escalated sharply overnight as the former designs out Qualcomm components from future products. According to the WSJ, Apple, locked in an intensifying legal fight with Qualcomm, is designing iPhones and iPads for next year that would jettison the chipmaker’s components. Apple is considering building the devices […]


Apple To Cut 2017 iPhone X Shipments In Half As Even Wozniak Says “I’d Rather Wait”

After reports the iPhone 7 was outselling the iPhone 8 sent Apple’s stock lower on Wednesday, more troubling news about the company’s complication-plagued supply chain for the iPhone X, its special tenth anniversary model, emerged this morning courtesy of Nikkei, which is reporting the company has halved its planned shipments for the number of iPhone […]


“This Is Very Rare” – Apple Slashes iPhone 8 Supplier Orders By 50% As Demand Dries Up

Following reports this morning that channel checks show iPhone 7 outselling iPhone 8, Taipei-based Economic Daily News reports that orders for iPhone 8 and Plus have been slashed by around 50% for November and December, citing an unidentified official at the supply chain. As we detailed earlier, a new report by KeyBanc Capital Analyst John Vinh, […]


iPhone 7 Outselling iPhone 8, Channel Checks Reveal

According to a surprising, and not altogether pleasant for Tim Cook and AAPL shareholders new report by KeyBanc Capital Analyst John Vinh, channel checks have revealed that Apple’s older iPhone 7 models are outselling the recently launched iPhone 8 ahead of the early November debut of the premium iPhone X. As traditionally new editions of […]