Tag Archives: Wall Street Journal

Daily Update for January 15, 2013

It's the TUAW Daily Update, your source for Apple news in a convenient audio format. You'll get all the top Apple stories of the day in three to five minutes for a quick review of what's happening in the Apple world.

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Daily Update for January 15, 2013 originally appeared on TUAW - The Unofficial Apple Weblog on Tue, 15 Jan 2013 15:45:00 EST. Please see our terms for use of feeds.

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Best Buy not happy with Walmart’s holiday iPhone 5 deal

The Wall Street Journal is reporting this morning that Best Buy and several other retailers are quite unhappy with a Walmart advertising campaign that claims that the discount store chain has lower prices than the stores targeted in their ads.

This came to a head over the holidays, when Walmart ran ads on Facebook showing an advertised price for an iPhone 5 of just US$127. At the time, Best Buy was selling the same iPhone 5 configuration with a two-year contract for $149.99. The result? Best Buy had to drop prices to meet its price-match guarantee, and lost about $65,000 in profits on the first day the Walmart promotion ran.

Best Buy also alleges that Walmart didn't have sufficient iPhones on hand for customers. Walmart replied to the allegations, saying that they were "98 percent in stock at stores that carried the devices." The company declined to tell the WSJ how many iPhone 5s it had in stores during the promotion.

Another complaint by Best Buy notes that a holiday Walmart ad claimed a Dell laptop was $251 more at Best Buy, when the two laptops compared were actually different models. Best Buy general counsel Keith Nelsen, writing to the Florida attorney general's office, said, "That would be like comparing a Toyota to a Lexus."

Whether attorneys general in a number of states decide to follow up on the allegations is unknown.

[via MacRumors]

Best Buy not happy with Walmart's holiday iPhone 5 deal originally appeared on TUAW - The Unofficial Apple Weblog on Fri, 04 Jan 2013 15:00:00 EST. Please see our terms for use of feeds.

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Wall Street Journal selling subscriptions via Apple’s Newsstand

The Wall Street Journal has joined thousands of newspapers and magazines that sell their content through the Apple Newsstand.

The move of the Wall Street Journal to Newsstand is surprising for one reason -- the former president of WSJ owner Dow Jones, Todd Larsen, opposed selling subscriptions via the online news kiosk because Apple retains 30 percent of the subscription revenue and also controls all customer billing information. Larsen left the company last summer.

The Journal is able to ask subscribers for their email addresses for marketing purposes, and it will also be able to continue to sell digital subscriptions through its own website.

Some of the benefits that Wall Street Journal subscribers will see include using their existing iTunes accounts to pay for the paper and automatic background downloading of the publication.

Wall Street Journal selling subscriptions via Apple's Newsstand originally appeared on TUAW - The Unofficial Apple Weblog on Fri, 21 Dec 2012 15:00:00 EST. Please see our terms for use of feeds.

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Eric Schmidt talks Apple to WSJ, sort of…

Google Executive Chairman Eric Schmidt sat down with the Wall Street Journal's Jessica Lessin last week for an interview. He talked about recent rumors that he might be in line for a Cabinet post (Schmidt says he has "no interest in working for the federal government"), an antitrust lawsuit that might be brewing and Google's relationship with Apple. Many of Schmidt's answers to questions about Apple seemed to be quite evasive.

Regarding the Google / Apple relationship, Schmidt pointed out that "Obviously, we would have preferred them to use our maps. They threw YouTube off the home screen [of iPhones and iPads]. I'm not quite sure why they did that." When it comes to the possibility of a patent-related settlement, Schmidt noted that the two companies are constantly having conversations about legal strategies. He did find it "curious that Apple has chosen to sue Google's partners and not Google itself."

When confronted with the fact that developers earn more with iOS apps than Android apps, Schmidt seemed to provide a non sequitur as an answer, saying "Google Play and the monetization just started working well in the last year, maybe the last six months. The volume is indisputable and with the volume comes the opportunity and the luxury of time."

One other question was about Apple's Siri virtual assistant, to which Schmidt replied "Well, it's competition." Thanks for pointing out the obvious, Eric.

Eric Schmidt talks Apple to WSJ, sort of... originally appeared on TUAW - The Unofficial Apple Weblog on Wed, 05 Dec 2012 11:30:00 EST. Please see our terms for use of feeds.

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WSJ: iPad mini assembly has begun

A report from the Wall Street Journal suggests Asian suppliers have started mass production of components for the iPad Mini. Cited in the WSJ report are LG Display and AU Optronics, both of which are supposedly mass-producing 7.85-inch displays for the rumored tablet device.

According to the Wall Street Journal's sources, Apple has allegedly opted to go with a non-Retina display for its smaller iPad. The choice to downgrade the display was supposedly a cost-cutting measure that'll help keep the price tag of the device competitively low. If these rumors for the iPad Mini pan out, then price will be a major factor as Apple will be competing with the $199 Kindle Fire HD and the $199 Nexus 7 tablet.

Previous rumors suggest the iPad Mini will include a Lightning port, a nano-SIM card slot and an aluminum casing with a thin bezel.

WSJ: iPad mini assembly has begun originally appeared on TUAW - The Unofficial Apple Weblog on Wed, 03 Oct 2012 10:00:00 EST. Please see our terms for use of feeds.

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The Wall Street Journal Says Apple Already Manufacturing iPad mini


The latest iPad mini mockup, courtesy of 9to5Mac.

This week is quickly turning into iPad mini rumor week. First we heard from a financial investor who claimed to have confirmation that Apple will be mailing out invitations to an event on Oct. 10. Then, we were told that production had already begun on the iPad mini in Brazil.

We also saw new images of the purported smaller sized tablet that showed a nano-SIM tray and an anodized aluminum back. Today, the Wall Street Journal is reporting that, “Asian suppliers for Apple Inc. have started mass production of a new tablet computer smaller than the current iPad.”

The, still unofficial, iPad mini is rumored to be 7.85 inches with a display screen that won’t be as detailed as the third-generation Apple tablet, but still Retina quality for its size. It supposedly will come in at a price point of around $250 and may or may not be 4G LTE compatible, depending on which rumor you are reading this week.

Analysts have been talking about the effects of an iPad mini on the market for months now. Christine Wang of Daiwa Capital Markets told the Wall Street Journal that the smaller tablet would appeal to consumers who find the iPad to be too pricey and cumbersome. “Many people use the iPad to play games and watch videos, but they cannot hold it with one hand,” said Wang.

Apple is predicted to sell as many as 10 million iPad minis in the fourth quarter of 2012. Four to six million units are estimated to sell during the holiday season alone. That is, if the smaller tablet is even real, and if Apple really launches the product this year, which it looks like is a real possibility.

[via The Verge]

» Related posts: Rumor of the Day: Wall Street Journal Reports iPad Mini is On Its Way Wall Street Journal Confirms: Apple Says Goodbye to Google Maps in iOS 6 New York Times Claims Apple to Sell 7″ iPad Mini for ‘Significantly Less’ Than $499

Samsung ‘likely to add’ the iPhone 5 to its Apple lawsuit

The Wall Street Journal reports that Samsung is "likely" to add Apple's new iPhone 5 to its ongoing patent lawsuit against the company from Cupertino because, well, why not, right? Apple demolished Samsung in the recent ruling, and Samsung is now carrying out a second lawsuit against eight more patents, so the iPhone 5 may be thrown in there as well. A Samsung representative tells the WSJ that it will need to "analyze" the device first, but if it finds any evidence of infringement, it'll get thrown on the pile of evidence already set up for the case.

This new case will be tried by the same judge, Lucy Koh, and there's a hearing next Wednesday for the three parties to figure out how the case should proceed. Right now, the actual trial is tenatively scheduled for sometime in March of next year, so Samsung should have plenty of time to do its "analysis" and get the iPhone 5 in the casework, too.

Samsung 'likely to add' the iPhone 5 to its Apple lawsuit originally appeared on TUAW - The Unofficial Apple Weblog on Thu, 20 Sep 2012 18:00:00 EST. Please see our terms for use of feeds.

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WSJ: Samsung to fight ban

After a guilty verdict was handed down in its trial with Apple, Samsung now faces a possible injunction that could ban eight of its smartphones from being sold in the US. According to a Wall Street Journal report, the company responded to Apple's injunction request with a simple statement that said, "We will take all necessary measures to ensure the availability of our products in the U.S. market."

Samsung will try to overturn the original guilty verdict by filing post-trial motions with Judge Lucy Koh. If this legal maneuver fails, then Samsung will file an appeal which could make its way to the Supreme Court. As a last resort, the company said it will change its products and already has workarounds for two of the software-related patents.

In this post-verdict phase of the trial, Samsung has until September 12 to file a response to Apple's injunction request. Both sides will meet again in court on September 20 for a formal injunction hearing.

WSJ: Samsung to fight ban originally appeared on TUAW - The Unofficial Apple Weblog on Tue, 28 Aug 2012 14:30:00 EST. Please see our terms for use of feeds.

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Subway iPad theft leaves reporter with broken jaw

Subway iPad theft leaves reporter with broken jaw

A new iPad, iPhone or other shiny electronic device is an attractive target for thieves, as Wall Street Journal reporter Rolfe Winkler now knows first-hand. But there are a few simple tactics to reduce your chances of having a device stolen from you, and the mobile industry is looking at further ways to make electronic devices less attractive targets for thieves.

Winkler and a date were on a NYC subway train looking at an ebook while the train slowed and stopped at the Bergen Street station in Brooklyn. When a thief ripped the iPad out of his date's hands, Winkler instinctively chased after him, only to run into the thief's backup team on the platform. "Instead of winning back the iPad, I found myself lying on the platform bleeding, my jaw split in half," said Winkler. While Winkler ended up eating through a straw for a month, it could have been much worse; in 2011 a Chicago woman died after an iPhone thief caused her to fall down the stairs of a commuter rail station.

Winkler is one of many victims of "Apple picking." With used iPads and iPhones picking up as much as $400 on the secondhand market, electronics thefts are climbing. Winkler's story in the Wall Street Journal notes that in Washington, D.C. alone, cellphone-related robberies climbed 54 percent between 2007 and 2011, and over 26,000 thefts were reported in New York in the first 10 months of 2011.

Device blacklists are one way that the mobile industry is planning to fight theft. When a phone or tablet is reported stolen, the device's ID number can be entered into a carrier database. If someone tries to activate the device later, the blacklist would show that it is stolen and the carrier denies service.

At present, only Sprint and Verizon have a blacklist in place, and AT&T and T-Mobile are planning to join up next year. In fact, by October of 2013, the four largest U.S. cellular carriers plan to have a unified blacklist up and running.

In the meantime, there are other common-sense steps iPad and iPhone owners can take to keep their equipment -- and themselves -- safe. First, don't become so absorbed in what you're reading or doing that you aren't aware of the people around you. Many criminals are looking for victims who are totally unaware of them; occasionally peeking up from behind the screen and making eye contact with others in the area is a good idea.

Next, don't make a big deal about showing off your device when you don't know the area. If you're in an unfamiliar part of town traveling on foot, waving an iPhone around is inadvisable.

Finally, if you end up being a victim of electronics theft, be sure to report the theft to the authorities immediately, and then follow up to safeguard your personal information. You did set a passcode on your device, didn't you? And did you turn on Find My iPhone/iPad, so that you can give police an indication of the location of your stolen device and force a wipe of your personal info?

While a determined criminal may be impossible to deter, some common sense about showing off high-priced electronics in public places might be just the thing to keep yourself from monetary loss or, in Winkler's case, injury.

Subway iPad theft leaves reporter with broken jaw originally appeared on TUAW - The Unofficial Apple Weblog on Sun, 29 Jul 2012 08:30:00 EST. Please see our terms for use of feeds.

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US Senator says DOJ should drop Apple ebook lawsuit

Senator Charles Schumer of New York (right) appealed to the U.S. Department of Justice yesterday in the Wall Street Journal to drop its lawsuit against Apple and a number of major publishers.

The DOJ alleges that Apple and the publishers colluded to raise prices in the ebook market. Schumer states that "the suit will restore Amazon to the dominant position atop the e-books market it occupied for years before competition arrived in the form of Apple. If that happens, consumers will be forced to accept whatever prices Amazon sets."

Schumer points out in his guest editorial that after Apple entered the market with iBooks, competition increased. Amazon's market share fell from 90 percent to 60 percent, and as a result the company had to "expand its catalog, invest in innovation, and reduce the prices of its Kindle reading devices" -- all things that are good for consumers. He notes that the average price for ebooks fell from US$9 to $7, while the DOJ looked at the fact that prices on a very few new releases have gone up.

Whether Schumer's printed entreaty will make a difference to the Department of Justice is unknown, but it's interesting to see an influential member of the Senate come to the defense of Apple and the publishing industry in this case.

US Senator says DOJ should drop Apple ebook lawsuit originally appeared on TUAW - The Unofficial Apple Weblog on Thu, 19 Jul 2012 13:00:00 EST. Please see our terms for use of feeds.

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US carriers agree to national stolen phone database

According to a Wall Street Journal report, four of the largest wireless carriers in the US are working with the US government to create a national stolen phone database. Verizon Wireless, AT&T, Sprint and T-Mobile will develop their own databases and then merge them into a centralized server within the next 18 months. Eventually, regional carriers will also participate in this initiative.

The database will help carriers and law enforcement track lost and stolen phones. Besides tracking phones, carriers have agreed to block both calling and data services for these blacklisted phones. This will be an easy task for Verizon and Sprint, but not so simple for T-Mobile and AT&T.

Verizon Wireless and Sprint already track each subscriber's phone using the phone's unique electronic serial number. This lets them easily block any phone that's been reported lost or stolen. AT&T and T-Mobile do not have a similar service in place, because their GSM phones use SIM cards. As long as you have a valid SIM card, you can use any phone, regardless of whether it is lost or stolen. These two GSM carriers are working on new technology that would let them track and block a phone using a unique ID.

US carriers agree to national stolen phone database originally appeared on TUAW - The Unofficial Apple Weblog on Tue, 10 Apr 2012 10:39:00 EST. Please see our terms for use of feeds.

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What companies often forget to consider when adopting tablets

In the past year, companies have adopted the iPad in large numbers, but, as the Wall Street Journal points out, it's not always an easy process. The article points out five pitfalls that many companies experience when they buy tablets for their employees without any foresight or concrete plans.

For example, companies are often surprised when the final bill for a tablet and all its accessories is more expensive than a typical laptop. They are also taken aback when they can't find the software they need to use the iPad as a notebook replacement. Businesses are also at a loss when they try to secure the tablets and realize the tools to lock down a device and encrypt its data are not as robust as the Windows tools they are accustomed to using.

If you work for a small or large business that's considering iPads, then you should add this Wall Street Journal report to your must-read list. You could avoid the costly mistakes mentioned above and help ensure that your tablet strategy is sound and your deployment smooth.

What companies often forget to consider when adopting tablets originally appeared on TUAW - The Unofficial Apple Weblog on Tue, 03 Apr 2012 10:15:00 EST. Please see our terms for use of feeds.

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Video eats 4G LTE data plans fast

Verizon's and AT&T's LTE networks are so fast and so convenient that iPad owners are blowing through their data cap in a matter of hours, says a Wall Street Journal report.

iPad broadband plans start at 250 MB for US$14.99 on AT&T and 1 GB for $20 on Verizon. Plans go up in increments and top out with a 5 GB plan for $50. Users watching video on their iPad can easily blow through those lower caps in a matter of minutes.

Carriers advise users to switch to WiFi when possible, but many customers find the carrier's LTE network is faster and more reliable than public hotspots. Instead of struggling on a public WiFi connection, customers are abandoning WiFi and switching to LTE.

Right now, there's no solution to this problem that would appease all parties. AT&T and Verizon could make customers happy by increasing broadband data buckets, but carriers are hesitant to trim their data revenue when they are trying to build out their 4G network. Customers could also pay more for a bigger plan, but most already feel they are paying enough when they shell out $30 a month for data.

Video eats 4G LTE data plans fast originally appeared on TUAW - The Unofficial Apple Weblog on Wed, 21 Mar 2012 11:00:00 EST. Please see our terms for use of feeds.

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New iPad parts cost more than its predecessors

Hot on the heels of iFixit's wonderful tear down of the new iPad is a component analysis from the Wall Street Journal. According to their calculations, parts for the new iPad with 4G total US$309. That's about $30 more than the iPad 2 which costs $276.27 and the original iPad 3G which totals $270.86.

This extra cost is likely due to the retina display and the 4G LTE chipset, both of which are unique to the new iPad. Which leads us to the question - was Apple wise to up the cost of components and cut its margin in order to give consumers a tablet with a faster wireless internet connection and a gorgeous display?

New iPad parts cost more than its predecessors originally appeared on TUAW - The Unofficial Apple Weblog on Fri, 16 Mar 2012 17:36:00 EST. Please see our terms for use of feeds.

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WSJ: Next iPad will have LTE, land on Verizon Wireless

The Wall Street Journal chimed in with a last minute report on the iPad that'll make Verizon Wireless customers happy. Spencer E. Ante of the Journal writes, "The new iPad will support a wireless broadband technology called LTE, people familiar with the matter have said," and Credit Suisse analyst Jonathan Chaplin further adds, "It is great news for Verizon. They have a great LTE network that is empty, so they can afford to fill it up."

Chaplin may end up eating those words as more and more customers join Verizon's relatively new LTE network, but, until then, most people will be pleased to see Apple adopting the next generation mobile broadband technology.

WSJ: Next iPad will have LTE, land on Verizon Wireless originally appeared on TUAW - The Unofficial Apple Weblog on Wed, 07 Mar 2012 10:06:00 EST. Please see our terms for use of feeds.

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Wall Street Journal: Apple testing smaller iPad

It's another day which means it's time for another iPad rumor. The latest rumor to hit the mill comes from the Wall Street Journal which claims Apple is testing a smaller, 8-inch iPad.

Asian suppliers told the WSJ that Apple has showed them designs for a compact iPad with a screen resolution that matches the iPad 2. Apple is supposedly working with LG Display and AU Optronics on the panels for this smaller device. The report notes that Apple is merely testing this design, and it may never move beyond the concept or prototype stage.

This rumor shouldn't be surprising to the veteran Apple user. We've been talking about the possibility of a smaller iPad ever since Apple launched the tablet in 2010. Even Steve Jobs, during a 2010 earnings conference call, confirmed Apple tested different sized tablets, but decided to go with the 9.7-inch because it provided the best experience.

That was then and this is now. Now, Apple is the market leader and everyone is waiting to see what the company will do next to improve its tablet lineup. Many people believe a smaller form factor is Apple's next best move; others say it would lead to hardware and software fragmentation. Recently, our own Erica Sadun weighed in on this subject and discussed both sides of this argument. You can read her analysis and chime in with your own in the comments.

Wall Street Journal: Apple testing smaller iPad originally appeared on TUAW - The Unofficial Apple Weblog on Tue, 14 Feb 2012 12:00:00 EST. Please see our terms for use of feeds.

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Apple shows interest in European patent laws

Apple has delivered a letter to the European Telecommunications Standards Institute asking for basic principles for that region of the world on patents and their licensing, according to the Wall Street Journal. The letter asks for consistency across the board in how patents are owned and shared, and it also asks for specific rates to be set on possible patent royalties for everyone to follow.

As smartphones and other mobile technology continue to develop and grow, patents on the many components are becoming increasingly more important, both in terms of determining ownership for the research and work put into development and for the licensing fees afforded to those with high profile patents. Apple obviously has good reason to see standards in this area, given how well-heeled it happens to be in the world of patents and innovations.

We'll have to wait and see if the board decides to set up a program of standards as Apple suggests. Even if the board agrees to set standards for these things, it could be a long time before those standards are actually decided on and published.

Apple shows interest in European patent laws originally appeared on TUAW - The Unofficial Apple Weblog on Thu, 09 Feb 2012 06:00:00 EST. Please see our terms for use of feeds.

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GE Executive says adoption of Apple products helps recruitment

Last year, GE launched a pilot program that lets its employees choose between a Mac notebook and a PC desktop. The program is not well-known, and only 1,000 employees have chosen a Mac over a PC. This number is expected to rise as more employees become aware of this option, and new employees join GE because they consider the company's policy to be contemporary.

Apple faces an uphill battle as it tries to make inroads into the corporate marketplace. Microsoft may be losing some consumer appeal, but it has entrenched itself into business. Even the progressive GE has about 300,000 computers, most of which are still Windows-powered PCs. If it's a Windows Machine, it most likely has Microsoft Office and ties into Microsoft's server software. Apple has iWork and Lion Server, but they can't compete with the functionality and support offered by Office and Windows Server 2008.

Cost may also be a factor that limits Apple's infiltration into the corporate marketplace. In this lean economy, companies may not have the funds to buy Mac hardware and opt for an inexpensive PC. If Apple wants to unseat Microsoft, it may have to significantly discount its hardware to entice frugal companies to switch.

Though the numbers are small, it still is gratifying to see businesses offering Macs to employees who want them. If enough Macs make their way into circulation, perhaps this much-needed business productivity and server software will develop around the platform.

[Via AppleInsider]

GE Executive says adoption of Apple products helps recruitment originally appeared on TUAW - The Unofficial Apple Weblog on Thu, 19 Jan 2012 09:00:00 EST. Please see our terms for use of feeds.

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Wall Street Journal Debuts Video App for iPad

Tired of reading the news? Get it in video form on your iPad with the Wall Street Journal’s new interactive video app, WSJ Live, which has just been released in the App Store.

WSJ Live features up to four hours of live TV every day, including breaking news, interviews, and seven different half hour shows. The app also includes the Wall Street Journal’s video archive in several different categories: U.S., World, Business, Markets, Opinion, Tech, Life & Culture, and Personal Finance.

Full half hour shows include WSJ Lunchbreak, The Markets Hub, The News Hub (AM & PM), Opinion Journal Live, Meanstreet, and Digits. Each show includes up-to-date news and information, with new programming provided every day.

The WSJ Live app is ad-sponsored, meaning you can download it for free but you have to watch short advertisements before accessing video news stories. All in all, the free content is worth a 15-second wait. Interested in checking it out? You can download the app right now in the App Store.

Wall Street Journal suggests higher-resolution iPad next year

Apple is prepping its Asian suppliers to begin production of the next generation iPad in October, according to the Wall Street Journal. The Cupertino company has placed orders for about 1.5 million iPad 3 tablets. Apple is targeting a launch in early 2012 which fits in perfectly with the company's current yearly upgrade schedule. Apple is reportedly ordering 9.7-inch displays with a resolution of 2048 x 1536, effectively doubling the resolution of the current iPad and iPad 2 display. Foxconn is the assembler of the iPad and has not commented on its future plans. Apple's Beijing spokeswoman Carolyn Wu also declined to comment.

Wall Street Journal suggests higher-resolution iPad next year originally appeared on TUAW - The Unofficial Apple Weblog on Fri, 19 Aug 2011 12:00:00 EST. Please see our terms for use of feeds.

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