Here are your Apple rumors and AAPL news items for Tuesday: Apple to Buy Flash
Memory Company: A Tuesday story originating at The Calcalist (via Reuters ) said
Apple (NASDAQ: AAPL ) is negotiating a $400 million to $500 million acquisition
of Israeli flash memory technology company Anobit . Anobits claim to fame is a
chip that enhances flash drive performance, which is used in the iPhone, iPad
and Macbook Air. Among Anobits core clients is Samsung (PINK: SSNLF ), a company
with a contentious relationship with Apple. Apple is both a client and
competitor of Samsung. A purchase of Anobit is logical for Apple considering the
ever-increasing importance of flash memory storage technology to Apples
products. The Cupertino, Calif.-based company accounts for more than half of all
flash memory purchases in the world . CarrierIQ Claims Bug Caused Text Message
Collection in Privacy Fiasco: Mobile phone software maker CarrierIQ still is
trying to recover from its recent lambasting over privacy issues. A Tuesday 9 to
5 Mac report said the company now claims text messages recorded by the companys
software were recorded because of a bug, and that the data never was decoded or
used by the company. This contradicts a previous statement by Andrew Coward,
CarrierIQ vice president of marketing, saying the companys software does not
record, store, or transmit that contents of SMS (text) messages. Apple rushed to
defend itself on Dec. 2 after it came out the company was using CarrierIQ
technology in the iPhone . CarrierIQs data-collecting software has been used
predominantly by telecoms to track user information, including personal
information, text messages and keystrokes but for the purpose of diagnosing
technical problems. iTunes Business Flying South for the Winter: Years after its
initial opening, iTunes remains growing business for Apple. According to a
Tuesday press release issued by the company, iTunes is opening for business in
16 countries throughout Central and South America . Brazil is the first of those
countries to get the store, but it will be joined by other nations in the coming
weeks. As of this writing, Anthony John Agnello did not hold a position in any
of the aforementioned stocks. Follow him on Twitter at
No comments:
Post a Comment