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AAPL Financial News Weekly Roundup: Market Cap Passes $700 Billion, Tablet Sales Slump and More

For the first time in over a month, Apple (NASDAQ: AAPL) share prices did not close the week at an all time high. Shares traded at a low volume on Friday and closed the day at $118.93. The day before Thanksgiving, however, shares did close at an all time high of $119.00. Monday saw shares close at a record high as well, $118.63. The company also hit a record market cap of $702 billion on Tuesday morning when shares approached $120.

AAPL stock news roundup and outlook.

The App Store also recently broke a record. According to Fiksu's App Store Competitive Index, daily downloads jumped from 5.5 million in September to 7.8 million in October, a record high jump of 42%. It also represents a 39% year-over-year increase.

Reliance Games Announces Ultimate Robot Fighting for iOS Devices

Reliance Games announced today that Ultimate Robot Fighting is coming to iOS devices on December 4 and Android devices on December 18. The new action game takes place in the future where the world’s most popular sport is robotic arena combat. Players can control up to 45 deadly machines in 3v3-tag-team-style matches. Each robot fighter features its own distinctive fighting style "inspired from the likes of gods, gladiators, dragons, monks, samurai and ninjas," according to the Reliance Games official blog post.

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Ultimate Robot Fighting also promises to feature "intuitive gesture controls," combos, finishers and nearly 250 challenges with boss battles. Pricing hasn't been announced yet, but you can check out some awesome looking iPad gameplay footage below. To learn more about Ultimate Robot Fighting visit RelianceGames.com or follow them RelianceGames.

AAPL Financial News Weekly Roundup: Share/Target Prices Continue to Climb, $1 Trillion Cap in 2015 and More

For the fifth consecutive Friday Apple (NASDAQ: AAPL) closed the week at a record high. The share price reached $116.47 by Friday's closing bell. High demand for the iPhone 6 and great expectations for both holiday sales and the Apple Watch launch prompted several investment firms to raise their target prices last week. On Thursday, Morgan Stanley analyst Katie Huberty raised her target price to $126 after Apple surpassed her previous target of $115. She believes people are underestimating potential Apple Watch sales.

AAPL stock news roundup and outlook.

Evercore went a bit further and raised its target price from $125 to $136 on Thursday, while Piper Jaffray raised its from $120 to $135. RBC Capital raised its target from $115 to $120 on Monday. All three firms see strong holiday sales and a successful Apple Watch launch in early 2015.

Apple Weekly News Roundup: iOS 8.1.1 and WatchKit Released, Next-Gen iPhone Rumors and More

Apple officially released iOS 8.1.1 last week. The update improves performance on older hardware like the iPhone 4s and iPad 2, but it also patches some of the exploits used by Pangu's jailbreak.

iOS 8.1.1

Pangu, however, is working on an iOS 8.1.1 jailbreak, and currently has one that works on 30-pin devices (which predates the lightning connector). The team demoed it on an iPad 3.

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New iOS Apps, Games and JB Tweaks of the Week: Five Nights at Freddy's 2 and More

All you need to know this week is that Five Nights at Freddy's 2 and Kingdom Rush Origins are both now available on the App Store. Five Nights and Origins are currently the top two games on Apple's Top Paid Apps Chart and followups to two of our favorite games of the year. You can read our review of the original Five Nights at Freddy's here, and why Kingdom Rush is currently our favorite tower defense series here.

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In other news, Apple ditched the "Free" button in the App Store, Disney Interactive announced Disney Infinity 2.0 would be available for both the iPhone and iPad this December and Telltale unveiled House Forrester -- the banner clan who will be the focus of the new Game of Thrones episodic video game series.

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