Weekly News Roundup: Apple Inc. (NASDAQ:AAPL)

Here’s a round-up of Apple Inc. (NASDAQ:AAPL) news stories from this week. Apple Inc. (NASDAQ:AAPL) shares ended the week at 320.61 (as of 12/17/2010). Weekly News Roundup: Apple Inc. (NASDAQ:AAPL) Monday 13 December It has been reported that Apple Inc. (NASDAQ:AAPL) is focusing on 10 camera related patents. It seems the success of the 5 mega pixel camera integrated to the iPhone 4 has caused Apple Inc. (NASDAQ:AAPL) to think more seriously about the camera side of the business. The latest 10 camera related patents filed by the company points to the significance of camera in the smart phone arena. The skin-ton-mask to get rid of exposed photos and the elimination of blurry photos are among the standout features of the Mac maker. Tuesday 14 December Rumours suggest that Apple may have taken the decision to launch an 'iPad2' in 2011, with dual cameras. Rumours suggest that Apple has plans to launch Apple iPad 2 with dual cameras, which will be smaller than the current iPad. The device will be slimmer in profile and lightweight, with a high screen resolution, and an SD card slot. The next generation of iPad may also include facing VGA camera and 5MP camera in the rear. Apple is expecting to ship 13 million iPads this year. Apple has not given any exact information about the release date of the device. Thursday 16 December It has been reported that Apple Inc. (NASDAQ:AAPL) has eyed dominance in e-readers. The newest announcement from Apple Inc. (NASDAQ:AAPL), the release of more than a hundred colored ebooks, under many categories including children's books, photography and cooking. The expansion of iBook store, the online book house of the Mac Maker is said to be the next major plan of the company; an attempt to have a firm hold on the market. Many similar projects are already running online. Friday 17 December Apple Inc. (NASDAQ:AAPL) has decided to increase the iOS development staff. Apple Inc. (NASDAQ:AAPL) is looking to hire some new employees for its iOS development team based in Silicon Valley. Four identical job listings that were picked up by AppleInsider suggest that Apple Inc. (NASDAQ:AAPL) could be working on its own personal navigation tools to implement in future versions of iOS. The latest search for talent on Apple Inc. (NASDAQ:AAPL)’s part comes more than a year after Apple Inc. (NASDAQ:AAPL) sought candidates with similar backgrounds to take the iPhone’s maps applications “to the next level.” In the listings, Apple Inc. (NASDAQ:AAPL) said that, "it is looking for candidates with valuable knowledge of navigation software and deep knowledge of Computational Geometry or Graph Theory.” We will continue checking the Apple Inc. share price for developments over the next few weeks.
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