If they can get away with the prices they charge, their stock will continue to go up. I was just experimenting with their new mac pro, a fully optimized computer will cost you a whopping $15,196 CAD + HST = $17,171.
Apple signs deal with Volkswagen for driverless cars BMW and Mercedes-Benz rebuffed Apple’s overtures for a self-driving car partnership, according to people familiar with the talks. Now Apple is said to have a deal with Volkswagen for the project. (New York Times)
Apple's Sort-Of-Victory Apple has won the right to a $539 million payout from Samsung over the Korean firm's copying of features in the original iPhone. The two companies have been at legal war since 2011, and in 2012, Apple was awarded $1.05 billion in damages. With a lengthy argument ensuing over that figure, the latest ruling attempts to end the matter—but Samsung, which insists it only owed $28 million, is not happy. BBC
Apple could hit $1 trillion within a year, Morgan Stanley says The firm's new price target of $214 a share, announced in a note to clients Thursday, would result in a market cap of $1.024 trillion, thanks to a booming services business that could make up for any slump in iPhone sales. (Business Insider)
Apple Screens Apple is, according to South Korean media, considering putting high-end OLED screens in all its iPhone models as of next year. The bright, sharp screens are currently only found in the top-of-the-range iPhone X, with the rest of the range sporting relatively old-fashioned LCD screens. The news sent the stock of Japan Display, a key supplier of iPhone LCD screens, tumbling by as much as 20% at one point. Fortune
Apple to close iPhone security hole that police use to crack devices Apple is closing a technological loophole that let authorities hack into locked iPhones, infuriating law enforcement officials and reigniting a debate over security versus privacy. (New York Times)
Queen of Content Oprah Winfrey has inked a collaboration deal with Apple to create original content—film, TV, applications, and books—as the tech giant aims to reach a broader audience. Winfrey's agreement with Apple will see her company Harpo Productions own any and all content that results from the partnership. Hollywood Reporter
Amazon won a major battle in Seattle, but a Big Tech 'head tax' could still happen for Apple and Google Multiple Silicon Valley cities are considering similar taxes, and Amazon's win in Seattle doesn't seem to be stopping them. The decision to repeal could set an anti-tax precedent in Silicon Valley cities that are considering similar legislation. Mountain View, California — the home of Google, LinkedIn, and Microsoft — may tax big companies like Google, which has 23,000 workers in the city, $150 per employee. On June 26, the city council will decide whether the initiative will appear on the November ballot. (Business Insider)