Entries in iPad (65)


CEO's Severance Will Include iPads, iPhone, No Cash

Courtesy of Apple(NEW YORK) -- The former CEO of insurer Marsh & McLennan will receive an unusual severance package that included his company-issued iPads, iPhone and Blackberry, but no cash.

Brian Duperreault, 65, announced in September that, after five years as CEO and one month as chief financial officer, he will retire at the end of the year. The financial documents investigative website, Footnoted, found the details in an exhibit of the 312-page document Marsh & McLennan filed with the Securities and Exchange Commission on Wednesday.

His most recent employment agreement indicates that he won’t receive any severance in the form of cash, however, spokeswoman for the company confirmed that Duperreault will not receive any cash severance.

According to the 10-K document, after retirement, Duperreault will have access to to a Bloomberg terminal subscription, which is worth about $1,500 a month through Feb. 2014, says Footnoted.

“As a courtesy, MMC did agree to provide Mr. Duperreault with post-retirement transitional support in the form of administrative support, an office at the Company’s office where he is domiciled and access to his existing technology support for one year,” she said.

But don’t feel bad for Duperreault. He will get an office and administrative support at the company’s offices in Bermuda through the end of the year and his third tranche of 400,000 stock options granted in 2008, which Footnoted points out are trading at about the same price today as when they were granted.

Shares of Marsh & McLennan closed at $37.24 on Friday, up 0.27 percent.

Copyright 2013 ABC News Radio


CES 2013: iPad Hits Potty Training with iPotty

ABC News(LAS VEGAS) — Does it need any explaining? Yes, the iPotty is real and is on display at CES 2013. CTA Digital, maker of iPad and Kindle accessories — or appcessories — is showing off a number of new iPad toys at the show, but the high-tech solution to potty training is surely turning heads.

The iPotty training system has a built-in case for an iPad and the company says it is the perfect way to keep your toddler on the bowl.

“When you are potty training you have to keep them busy. This keeps them engaged and gives them rewards for the right kind of behavior,” said Lois Eiler of CTA Digital. In fact, there are a number of potty training apps already in the app store, including “It’s Potty Time.” The idea is that you fire up the apps, put your child on the potty and…wait.

The iPotty costs $39.99 (iPad not included, obviously) and is compatible with the iPad 2 and the current model.

Oh, and don’t worry, it does come with iPad protection. It has a touch-screen protector to, yes, guard against messy hands and accidents. Perhaps that’s the real innovation here and CTA should think about making one for adults.

Copyright 2013 ABC News Radio


Walmart Slashes Prices on Apple iPhone 5 and iPad

Justin Sullivan/Getty Images(NEW YORK)-- If you’ve been waiting for the iPhone 5 or an iPad with a Retina Display to drop in price, you can now do a little dance. Walmart has started to carry the iPhone 5 and third-generation iPad at a steep discount, at least for Apple products.

While Apple rarely offers its newest products for less than the retail price, for the next 30 days at Walmart stores, the 16GB iPhone 5 will cost $127, down from the usual $199. The 16GB iPhone 4S, which is usually $89.97 at Walmart, has also been discounted to $47. Both versions of the phone will require a two-year cellular contract with either Sprint, Verizon or AT&T.

In addition, Walmart has also slashed the price on the third-generation iPad. The 16 GB iPad with Retina Display will start at $399. Apple offers the iPad 2, which doesn’t have a Retina Display and a slower processor, for the same price on its website. Additionally, at Walmart, starting today, Dec. 17 this iPad will come with a $30 iTunes card. There are no discounts on the fourth-generation iPad, which has a faster A6X processor and new Lighting charging port, or the new iPad Mini.

The offer is only available in Walmart stores and there are likely to be shortages.

Copyright 2012 ABC News Radio


Forget the Kiddie Tablets, Kids Want iPads for Christmas

Tooga/The Image Bank(NEW YORK) -- They don’t want a Leapfrog LeapPad 2, Nabi 7 or any other of the new tablets for kids. Nope, the kids want iPads.

According to a Nielsen survey, kids are asking for Apple devices more than any other tech item this holiday season. “American kids aged 6-12 are generally more interested in the latest iOS offerings than other consumer electronics and gaming devices,” Nielsen reported on its site.

Forty-eight percent of the children surveyed want the regular iPad and 36 percent want the iPad Mini. And when they don’t want the iPad many of them are asking or the iPod Touch or iPhone. Beyond the iDevices, kids between the ages of six and 12 are asking for the new Nintendo Wii U, a new computer, Kinect for XBox 360, and other types of tablets.

And the itch for the iPad doesn’t vary much by age. Twenty-one percent of consumers 13 and older also are itching to get the iPad this holiday season, though 18 percent said they would like a tablet other than the iPad.

The demand of the iPad is also predicted to push along another popular gift this year — apps. According to a survey conducted by PBS KIDS, 58 percent of parents plan to purchase “downloadable gifts,” including apps, games, e-books, etc. for their kids. Parents plan to either preload apps and games onto the devices they give their kids or buy gift cards to the Apple App Store or the Google Play store.

And it’s that simple: it’s those apps and games that are pushing iPads to the top of those lists.

Copyright 2012 ABC News Radio


Head of iPhone and iPad Software, Scott Forstall, to Leave Apple

Apple(CUPERTINO, Calif.) -- Silicon Valley isn’t letting Hurricane Sandy get in the way of big tech announcements Monday. On the heels of Google and Microsoft’s big product launches Monday afternoon, Apple has just announced a big executive shake-up.

Scott Forstall, the senior vice president of iOS (the software made for the iPhone and iPad), will be leaving the company next year. In his absence, Jony Ive, Apple’s lead hardware designer, will take over leadership of software design.

“His incredible design aesthetic has been the driving force behind the look and feel of Apple’s products for more than a decade,” Apple said of Ive in a company press release.

The reasons for Forstall’s departure are not given in Apple’s announcement. However, Forstall has been responsible for Apple’s Maps and Siri features, both of which were criticized as half-baked at the time of launch. When iOS 6 and the iPhone 5 launched in September, Apple was knocked for its inaccurate Maps; CEO Tim Cook was forced to apologize to customers. According to Apple, Eddy Cue will now oversee Siri and Maps.

Apple announced that head of retail John Browett is also leaving. Apple announced that it will be looking for a replacement.

Apple unveiled its new iPad Mini last week and announced that it had sold 27 million iPhones in the 4th quarter.

Copyright 2012 ABC News Radio


Apple CEO Tim Cook: Microsoft’s Surface Tablet ‘Confusing’ and ‘Compromised’

Joanna Stern/ABC News(NEW YORK) -- The Apple vs. Microsoft post-PC war is just getting started. Microsoft has argued why its new software and Surface tablet are better than the iPad, but Apple’s not staying quiet.

“I haven’t played with a Surface yet, but what we are reading about it is that it is a compromised and confusing product,” Apple CEO Tim Cook said on the company’s earnings call late Thursday afternoon, which took place just hours after Microsoft’s Windows 8 launch event. “One of the toughest things you do is make hard tradeoffs and decide what a product should be, and we’ve done that with the iPad.”

Cook didn’t stop there.

“You could design a car that flies and floats, but I don’t think it would do all those things very well,” he said. “I think when people look at the iPad versus competitive offerings, they will continue to want an iPad.”

Apple and Microsoft are taking different routes when it comes to tablet software. While Apple offers its iOS mobile software on its family of iPads, Microsoft has decided to revamp Windows by bringing in elements from its smartphone operating system. Previously, Cook had compared what Microsoft was doing to combining a refrigerator and a microwave.

Microsoft, on the other hand, claims Windows 8 doesn’t have any of the compromises that the iPad has.

“We have a different perspective, a different reason why we would want to make a tablet computer and that is really rooted in PCs being a general-purpose device that works within a broad ecosystem, that connects to a lot of peripherals, and represents an open platform,” Steve Sinofsky, head of the Windows division, told ABC News in an interview.

Apple announced the iPad Mini earlier this week.

On the Apple earnings call, Cook defended the $329 starting price, which is higher than the $199 Kindle Fire and the Nexus 7.

“We try to create a product that people will love for months and years after they’ve purchased it. That’s what iPad Mini is designed to do,” Cook said.

Apple CFO Peter Oppenheimer also noted the premium parts in the tablet, including the aluminum build, the faster processor and the iSight camera.

Apple announced that it sold 14 million iPads in the fourth quarter.

Find a full recap of the earnings HERE.

Copyright 2012 ABC News Radio


Apple Sold 27 Million iPhones in 4th Quarter; Earnings Lower Than Expected

Feng Li/Getty Images(NEW YORK) -- Apple Inc. (NASDAQ: AAPL), the world's most valuable company, reported lower-than-expected fourth-quarter earnings Thursday because it's having trouble keeping up with demand for its market-leading products.

Inventory issues have reportedly affected iPhone 5 sales, struggling to keep up with orders.

The company sold 26.9 million iPhones in the last three months, up 58 percent in the same period a year ago. The company sold 14 million iPads, up 26 percent, and 4.9 million Macs, a one-percent unit increase. The company sold 5.3 million iPods, a 19-percent decline from a year ago.

"We're very proud to end a fantastic fiscal year with record September quarter results," Tim Cook, Apple's CEO, said in a statement. "We're entering this holiday season with the best iPhone, iPad, Mac and iPod products ever, and we remain very confident in our new product pipeline."

Apple's "pipeline" of manufacturing and distribution will be key in the next coming months during the holiday season, which is traditionally the best quarter for the tech company and many other retail companies.

Apple earned $35.97 billion in revenue, slightly higher than the $35.80 billion some analysts expected. Meanwhile, its earnings were $8.2 billion, lower than expected.

Shares of Apple closed down 1.14 percent to $609.80 a share at the end of regular trading.

Tavis McCourt, analyst with investment firm Raymond James, said he expected slower growth in the next few quarters than in previous years.

Raymond James expects Apple's stock to reach $730 in a year.

"Apple is doing very well. They are taking market share across all their product categories, but the economy is slowing as well," he said.

On Tuesday, Apple announced the new iPad Mini, which is slightly cheaper at $329 compared to the $399 iPad 2, a fourth-generation iPad and several new Mac computers, including a 13-inch Macbook Pro.

Overall, McCourt said he was "pleased" with Thursday's product announcement, though Apple's main revenue driver is the iPhone.

"The iPad, though successful, is still only in the early stages of its growth," he said.

On Tuesday, Apple said it sold its 100 millionth iPad two weeks ago.

Apple had 3.2 million iPads in its channel at the end of June and may have bled the previous iPad inventory ahead of the fourth-generation iPad launch, negatively impacting the number of products available to the public, McCourt notes.

In July, Apple reported lower-than-expected third-quarter revenue of $35 billion, while analysts had expected $37 billion. The company reported higher profit of $8.8 billion for the third quarter, up from $7.3 billion the previous year. The company had sold 17 million iPads in that quarter.

Copyright 2012 ABC News Radio


Apple’s iPad Mini Could Now Be Announced Oct. 23

Kevork Djansezian/Getty Images(NEW YORK) -- While Fortune had predicted that Apple would hold an event on Oct. 17 to announce its new iPad Mini, with invites going out to reporters Oct. 10, there’s now a new rumored date: Oct 23. AllThingsD, a technology website with a very good track record when it comes to reporting on Apple, says the company will reveal the smaller iPad, or iPad Mini, to the media at an invitation-only event in the San Francisco Bay Area.

Oct. 23 certainly makes more sense for a number of reasons. First, Apple hasn’t yet sent out official invites, making it too soon for an Oct. 17 date. Second, Microsoft is launching Windows 8 and its own Surface tablet later in the week on Oct. 26. Additionally, Apple’s earnings release is on Oct. 25, and the company would likely prefer to announce the new tablet before that date.

Rumors have been swirling about the smaller iPad for months now. It has been said that it will have a 7.85-inch screen, the same Lightning Dock Connector as the new iPhone 5, and 3G/4G cellular connectivity. Some images of the tablet have been leaked, and The Wall Street Journal reported a few weeks ago that mass production of the smaller tablet had begun.

Last month Amazon released its new Kindle Fire HD, which starts at $199. Similarly, Google and Asus launched the Nexus 7 in June for $199. Barnes & Noble released the Nook HD two weeks ago, which -- you guessed it -- starts at $199. There have been no reports on the pricing of the iPad Mini.

Apple has declined to comment to ABC News on any of the iPad Mini rumors that have circulated over the past few months, but if the latest rumor is true, it looks as if we’ll have much more than a comment from Apple.

Copyright 2012 ABC News Radio


Apple v. Samsung: What the Verdict Means for You and the Tech Industry

SeongJoon Cho/Bloomberg via Getty Images(NEW YORK) -- The verdict in the landmark Apple v. Samsung case was a major win for Apple -- the jury finding that many of Samsung's phones and tablets copied Apple's iPhone and iPad, and recommended that Samsung pay Apple over $1 billion in damages.

But it's not just Samsung that is going to pay and it's certainly not just about money (although Samsung's stock price has dropped over the past few days). The impact could ripple out from the company to the rest of the mobile industry, and ultimately to the technology you buy or own.

There's one thing many industry analysts agree on in the wake of the verdict: there's going to have to be more innovation in mobile devices. Plain and simple: products will have to start to look different from the iPhone and iPad.

"The jury reaffirmed Apple's claim that the design may be obvious when you see it but it takes work, vision and refinement to make it all come together as an experience. At the moment the only handset vendors that probably aren't concerned long term are Nokia and RIM," Michael Gartenberg, research director at the market research firm Gartner, told ABC News.

"With Apple patents being upheld, this will force the larger industry toward greater innovation and differentiation. If you're a CE [consumer electronics] vendor thinking of 'borrowing' any aspect of Apple design, you might want to think twice."

Nilay Patel, a former patent attorney and managing editor of The Verge, a technology publication, has said the same, and points out that Apple's competitors have already begun to change their new products to protect themselves.

"I think Apple's proven that its case about copying is very strong; we are already seeing software features change," Patel told ABC News. "I am sure we are going to see other software changes. I also believe we are going to see a highly differentiated hardware design."

During the trial, Apple's lawyers pointed to phones made by Nokia -- the Lumia 900 in particular -- to illustrate its point that not all phones had to be made to look like the iPhone.

Google's Android operating system was a center point in this trial. It is used in more mobile devices than any other, including all the Samsung products in dispute in this case. A number of Android features, including the way users have to move their fingers to zoom in or out on their screens, were found to infringe on Apple's patents.

"I think Apple's ultimate target is not just Samsung but the Android ecosystem. They view Google as their ultimate competitor, this is a setback for all of Android," Mark Lemley, a law professor at Stanford University, told ABC News.

With that in mind, some analysts believe that could be a major boon for Microsoft's Windows Phone operating system.

"The Samsung-Apple verdict was good for Microsoft's Windows Phone," said Patrick Moorhead, president of Moor Insights, in an interview with ABC News. "Not only is Microsoft free and clear of legal encumbrances, the once 'free' Android is looking more expensive every day when you add the Microsoft license fee plus a potential Apple license fee."

Microsoft employees even tweeted that reaction after the verdict was announced. "Windows Phone is looking gooooood right now," Bill Cox,  Sr. Director of Marketing Communications for the Windows Phone, tweeted after the verdict. Microsoft's next version of Windows Phone -- Windows Phone 8 -- is expected to hit in the next couple of weeks. Popular Android handset makers, including Samsung and HTC, already sell Windows Phone devices.

Google, on the other hand, said it doesn't believe the verdict will have far-reaching impact on its operating system. "The court of appeals will review both infringement and the validity of the patent claims. Most of these don't relate to the core Android operating system, and several are being re-examined by the U.S. Patent Office," Google said in a statement.

But those are longer-term changes. More immediately, there is a good chance that Samsung products that infringed on Apple's patents will be pulled from store shelves as Apple has been seeking an injunction against their sale.

Since the law moves slowly, though, many of the products in question aren't on the market anymore. Today Apple announced it is seeking a ban on the following Samsung phones: Galaxy S 4G, Galaxy S2 (AT&T), Galaxy S2 (Skyrocket), Galaxy S2 (T-Mobile), Galaxy S2 Epic 4G, Galaxy S Showcase, Droid Charge and the Galaxy Prevail. The Galaxy S2 phone is no longer available at many carriers; the new Galaxy S III and Galaxy Nexus hadn't been released yet when the suit was filed, and were not considered in this case.

That said, Lemley believes Apple will attempt to go after those newer handsets in the injunction. "Is it limited just to these products or does it prevent Samsung from implementing it into other products?" Lemley said.

Samsung could also be forced to make software updates to existing products to alter some of the features cited in the suit. Samsung was forced to issue an update on its Galaxy Nexus phone earlier this summer for similar reasons.

But if you have a Samsung phone, don't toss it just yet. Before all of this happens, Samsung is expected to appeal the decision.

Copyright 2012 ABC News Radio


iPad Mini to Be Released in October, Sources Say

David Paul Morris/Bloomberg via Getty Images(NEW YORK) -- It looks like the long-rumored iPad Mini will arrive just in time for the holidays.  

Apple will hold two events this fall: one for the new iPhone in September and then another one for the iPad Mini in October, AllThingsD first reported over the weekend.  ABC News’ own sources have corroborated the widely cited report of Apple’s plans to hold two events.

While Apple hasn’t yet confirmed, the company is expected to hold a launch event for the next iPhone, or iPhone 5, on Sept. 12 in California; the phone is expected to start shipping on Sept. 21.  The launch date for the smaller iPad would come close to a month later in October.

According to previous reports, the smaller iPad is expected to have a 7.85-inch display, be less expensive than the current iPad, and have a smaller charging port.  Although Steve Jobs had expressed that the smaller tablet category was “dead on arrival,” an internal Apple email revealed in the Apple v. Samsung trial showed that Jobs had warmed up to the idea before his passing.

“I believe there will be a 7-inch market and we should do one,” Eddy Cue, Apple senior vice president of Internet Software and Services, wrote in an email to Apple CEO Tim Cook and other senior Apple executives on Jan. 24, 2011.

“I expressed this to Steve several times since Thanksgiving and he seemed very receptive the last time.  I found email, books, Facebook, and video very compelling on a 7-inch.  Web browsing is definitely the weakest point, but still usable,” Cue said in the same email.

The competition in the 7-inch tablet market has heated up significantly in the last year.  Amazon’s and Barnes & Noble’s respective 7-inch tablets have been some of the more popular Android tablets around and in June, Google released the 7-inch, $200 Nexus 7 tablet. 

Amazon is expected to release a new version of its Kindle Fire tablet during the first week of September at an event in Los Angeles.

Copyright 2012 ABC News Radio

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