Late Tuesday, word broke that Apple is suspending all online product sales in Russia.
Apple points to “extreme” ruble fluctuations as the reason for its action, which comes as other multinational companies similarly explore how massive currency swings should be addressed in their business operations.
The iPhone and iPad maker stopped sales from its Web store as Russia’s currency lost as much as 19 percent today, with a surprise interest-rate increase failing to stem a run on the currency. The ruble briefly sank beyond 80 per dollar, and bonds and stocks also tumbled.
Posted in Announcements, iPhone, News, Rumors, Technology
This year, Apple poured record sums into research and development. With next year’s investment in R&D poised to eclipse 2014′s figures, it comes as little surprise that Apple is planning to build out its facilities where R&D will take place.
According to new information emerging from the far east, Apple will soon open an R&D center inside of Japan.
Apple Inc is building a technical development center in Japan, Prime Minister Abe Shinzo said on Tuesday, which a company spokesman later confirmed, saying that the plan calls for several dozen jobs to be created as a result.
Posted in Announcements, Mobile Devices, News, Platforms, Rumors, Smartphones, Technology
Ron Johnson left Apple as the company’s head of retail in 2011 to become CEO of J.C. Penney.
Unfortunately, Johnson’s stint did not prove to be the rousing success the retail giant needed and expected.
But Johnson is ready to roar back after last year’s ouster at J.C. Penney.
Posted in Announcements, Mobile Commerce, Mobile Shopping, News, Platforms, Rumors, Technology
This week, our sister site mHealthWatch brought the world of wearables up to speed on a major developing story.
Rumor has it that Microsoft is about to get a leg — or, perhaps, wrist — up on Apple in the wearables market.
Although Apple unveiled its first smartwatch called Apple Watch last month at its high-profile media event, we are still months away from product launch.
Posted in mHealth, Mobile Devices, News, Platforms, Rumors, Technology
With quick mobile and online payment options now readily available and accessible across the vast Internet, carrying cash is becoming less and less necessary when purchasing just about anything today.
Now, with mobile payments becoming a huge industry in and of itself, it comes as little surprise that a company the magnitude of Facebook wants in on the action.
Recently, Stanford Computer Science major Andrew Aude took a closer look at Facebook Messenger’s code and found that Facebook is positioned to allow Facebook friends to send and receive payments between one another.
Posted in Mobile Apps, Mobile Commerce, Mobile Devices, Mobile Partners, Mobile Shopping, Mobile Social, Platforms, Rumors, Technology
Fresh from Apple’s recent iPhone 6, Apple Watch and iOS 8 media blitz, the Cupertino, California-based tech giant is gearing up to make headlines once again next week.
On Wednesday, Apple began distributing invitations to media for an event next Thursday, October 16th.
Although the invite simply states “It’s been way too long,” the characteristically reserved Apple is universally expected to unveil its next generation iPads and possibly more.
Posted in Announcements, iOS, IPad, iPhone, News, Predictions, Rumors, Technology
According to Women’s Wear Daily, Apple is bringing its eagerly anticipated Apple Watch to Paris for Fashion Week.
Citing French blog Mac Generation, WWD says Apple will preview the Apple Watch at Colette this morning.
Colette — a high-profile French clothing and accessory retailer — will be working closely with Apple to introduce Apple’s inaugural wearable to the French crowd of fashion-savvy consumers.
Posted in Mobile Devices, News, Platforms, Predictions, Rumors, Technology