Tag Archives | Mac

Is Apple Holding More Cash Than The U.S.?

Photo: TheIronLion

Photo: TheIronLion

Do US companies have more money than the US government? Recent financial figures show that Apple does. Via BBC News:

Apple now has more cash to spend than the United States government.

Latest figures from the US Treasury Department show that the country has an operating cash balance of $73.7bn (£45.3bn).

Apple’s most recent financial results put its reserves at $76.4bn (£46.9bn).

The US House of Representatives is due to vote on a bill to raise the country’s debt ceiling, allowing it to borrow more money to cover spending commitments.

If it fails to extend the current limit of $14.3 trillion (£8.7tn) dollars, the federal government could find itself struggling to make payments, and risks the loss of its AAA credit rating.

[Continues at BBC News]… Read the rest

Continue Reading

Chinese Officials Close Imitation Apple Stores

Photo: BirdABroad

Photo: BirdABroad

DVD bootlegs and ripoffs have been around for awhile now, but what about whole store ripoffs? At least fives “Apple” stores, including two that have already been shut down, are nearly perfect replicas of legitimate Apple stores. Wired reports:

After an American blogger in Kunming posted photos of “a beautiful [Apple store] ripoff” last week, Chinese officials began to investigate around 300 shops in the area, finding five fake Apple stores. Two of the stores, lacking the proper business permits, must now close their doors. Despite the intellectual property concerns, the other three remain open for now.

In China, companies aren’t allowed to copy the “look and feel” of other companies’ stores. These retail outlets are impeccable replicas of Apple stores, down to the winding staircases and employee t-shirts. In fact, the stores are so convincing most staffers believed they worked for an authorized Apple retailer. All five stores sold genuine Apple products, according to a Kunming city official.

Read the rest

Continue Reading

Catholic Church Approves iPhone Confessions

Original Photo: Jean-Pol Grandmont

Original Photo: Jean-Pol Grandmont

You can now reach God via your iPhone. BBC News reports:

The Catholic Church has approved an iPhone app that helps guide worshippers through confession.

The Confession program has gone on sale through iTunes for £1.19 ($1.99).

Described as “the perfect aid for every penitent”, it offers users tips and guidelines to help them with the sacrament.

Now senior church officials in both the UK and US have given it their seal of approval, in what is thought to be a first.

The app takes users through the sacrament – in which Catholics admit their wrongdoings – and allows them to keep track of their sins.

It also allows them to examine their conscience based on personalised factors such as age, sex and marital status – but it is not intended to replace traditional confession entirely.

[Continues BBC News]… Read the rest

Continue Reading

Prize-Winning Director Shoots New Film On iPhone

Photo: Park Chan-wook at the 2009 Cannes festival

Photo: Park Chan-wook at the 2009 Cannes Film Festival

South Korean filmmaker Park Chan-wook (known for award-winning movies such as Oldboy and Lady Vengeance) shoots his latest film on his Apple iPhone 4s. Could this be the beginning to a new shift in film? Or just a quick gimic supported by Apple? Via Reuters:

Prize-winning South Korean director Park Chan-wook’s latest film, “Night Fishing,” has created a buzz in his native country — it was filmed using 10 Apple iPhone 4s, three of which he himself controlled.

Park, who won the Cannes Grand Prix in 2004 for “Oldboy,” also directed the 30-minute tale about a fisherman and a female shaman with his brother, Chan-kyong, and said the circumstances of its shooting gave making the film an unusual flavour.

“Movies that I directed before were meticulously planned ahead and shot just as pictured. Compared to that, shooting this film felt free, and everyone had an equal amount of say,” Park told Reuters in an interview at his studio in Goyang, north of Seoul.

Read the rest

Continue Reading

Apple Launches New Music Social Network: Ping

PingIn case there weren’t enough social networks, Apple’s Ping is the network for music, not friends. From NY Times:

On Thursday morning, Steven P. Jobs, Apple’s chief executive, showed off a new social network for music called Ping. It runs inside the newest version of Apple’s iTunes software. Ping also works on the latest software for iPhones and iPod Touches. (Apple hasn’t made it available for iPad this time around.)

Ping, Mr. Jobs said onstage at the announcement event in San Francisco, lets its users answer three burning questions: “What are my friends listening to? What are my favorite artists up to? What concerts are my friends going to?” And, he said, it resolves the driving need, “I’ve got to share this with my friends!” (It also answers the question: “Can I buy that song right now?”)

How does Ping work? Mr. Jobs describes it as “sort of like Facebook and Twitter meet iTunes.

Read the rest

Continue Reading