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Weekend Highlights: Scot Finnie at Computerworld swings his editorial axe at the argument "Apple can't innovate"; The Guardian asks if Apple has lost core supporters as iPhone lines are smaller than ever; John Paczkowski's interview with Phil Schiller goes into detail on Apple's obsessive design of the new iPhone cameras; Wall Street expresses concern and worry over whether this predicted iPhone 8/X supercycle isn't all it's cracked up to be; as a result, company stock suffering "worst week in 17 months, sheds $43bn in market value"; but not all see doom, Piper Jaffray ups AAPL target to $196 as iPhone X seen boosting profits; Gene Munster's Loup Ventures surveyed 388 consumers finding "better than expected demand for iPhone X and iPhone 8"; InvestorPlace thinks Apple's rise in the cloud space "is keeping margins high and the stock price up"; DxOMark reviews iPhone 8 Plus calling it "the best smartphone camera we've ever tested", and their iPhone 8 review hails it a "solid performance upgrade over the iPhone 7"—more on the new iPhones, Apple Watch in our Reviews section, including YouTuber's iPhone 8 durability test; iFixit tears down the 8.
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"Critics Of Apple Making A Big Acquisition Don't Get It" ["In the note, the analyst (Amit Daryanani) speculated that were Apple allowed to repatriate the money it holds overseas, the odds of a Disney acquisition would go up."] Forbes 7:11 AM
"One Apple GPU, one giant leap in graphics for iPhone 8" AppleInsider 7:18 AM
"Apple Should Leave the Car-Making to Ford: Let's face it, with more than $246 billion in cash Apple could do anything it damn well pleases. But, investors should be happy that it's not going to (yet) jump into making cars." TheStreet 7:30 AM
"Why Should You Get Your Self-Driving Car From Apple: Last Friday Apple received a permit to officially experiments with self-driving cars. Why should consumers buy an Apple car?" Inc. 8:02 AM
"Appeals court revives Apple's patented 'rubber banding' tech because of one small tweak: AOL invented 'snap forward' years earlier, but Apple innovated by snapping backwards." ["On Friday, the US Court of Appeals for the Federal Circuit issued an opinion about an 'ex parte reexam,' filed against Apple's patent by an anonymous party. The reexam claimed that one of the patents upholding Apple's big win against Samsung, US Patent No. 7,844,915, never should have been issued at all. The '915 patent was described in a general way as the 'pinch to zoom' patent, but its claims describe a way of distinguishing between one-touch and two-touch operations."] Ars Technica 11:33 AM
"Wall Street Rallies in Low Volume Led by Banks, Tech" Reuters 4:04 PM
"U.S. Stocks Climb as Earnings Season Ramps Up: U.S. stocks rose Monday, bouncing back after last week's declines." WSJ.com [Paid Membership Required] 4:04 PM
"Asia stocks fall on China regulatory crackdown, North Korea tensions: Stock markets across Asia ended mostly lower on Monday, as China's securities regulator urged tighter supervision of listed companies, while geopolitical tensions in Korea continued to discourage buying." MarketWatch 7:17 AM
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