Apple has added nine new automobile manufacturers to its CarPlay partners list. The new additions include Abarth, Alfa Romeo, Audi, Chrysler, Dodge, Fiat, Jeep, Mazda and Ram. This brings Apple's total committed partners to 29. CarPlay will be available with Ferrari, Honda, Hyundai, Mercedes-Benz and Volvo models sometime in 2014, before the rest of the manufacturers on the list catch up in 2015.
The service was introduced last year as "iOS in the Car" before being renamed and unveiled at the Geneva Motor Show in March 2014. Volvo demoed its CarPlay integration in the new XC90 SUV at the event.
AAPL Financial News Weekly Roundup: JP Morgan Raises Price Target, iPhone 6 Production to Begin and More
Apple (NASDAQ: AAPL) shares closed today at $92.93, up $0.95 from Friday's closing price of $91.98, but up just 24¢ from the post 7-to-1 stock split opening of $92.69. To be fair, it has only been three weeks since the split, and the hovering behavior hasn't deterred JP Morgan, who last week raised its target price from a rather low $89 to $108. Analyst Rod Hall believes the stock will reach this target by the end of 2015.
Bloomberg reported last week that production of Apple's largest iPhones to date will begin next month. The 4.7" and 5.5" iPhone 6 handsets are slated to begin production in China in July. The 4.7" model will be available sometime in the second half of September, while the launch date of the "phablet" size model is unclear,
Apple today has released iOS 7.1.2 as an over-the-air update for the iPhone, iPad and iPod touch. According to iOS developer iH8sn0w, the update does not patch the Pangu jailbreak, so it is safe to upgrade.
The update fixes a mail attachment security flaw, a bug causing issues with third-party accessories, and it improves iBeacon connectivity and stability. Users can download iOS 7.1.2 by navigating to Settings > General > Software Update, or by going to iTunes.
The team of developers behind the Pangu jailbreak have delivered on their promise to add Mac OS X support. Pangu v.1.1 was released on Sunday. The update brings an English UI for U.S. users, a fix for the boot loop bug that was plaguing some devices, and the removal of the “PP25″ installer for users who select the English option.
Chinese users will still have the option to install the third-party software which includes a pirate app store. U.S. users should avoid this option because it may contain apps and tweaks with malicious intent. Besides the dodgy app store, Pangu is safe to install on your device. Two well known U.S. jailbreakers, MuscleNerd and iH8sn0w, have confirmed that Pangu does not contain any additional threats. However, you should always back up your device before installing any jailbreak.
There were quite a few App Store and app-related stories this week, so let's jump right in! Apple added a Best New Game Updates section to the App Store. As the title suggests, the new category highlights some of the best apps that have recently been updated with new levels and so on. You can find it underneath the Best New Games section on the App Store.
A Walmart spokesperson told CNET that starting Friday at 9 a.m. the iPhone 5c will cost only $29. That's $20 off its normal $49 asking price. The iPhone 5c is also being reduced to only $99, down from $149. The deal requires a new two year agreement with AT&T, Verizon, or Sprint, and it in-store only. However, Walmart representatives have misled us about Apple sales before, so make sure you call ahead to clarify your local location is participating in the sale.
Apple fans can also expect other retailers to follow suit as we get closer to the launch of Apple's next-generation handset(s). In previous years, retailers such as Best Buy and Target have slashed iPhone prices weeks before Apple's newest iPhone is announced, but unlike the previous generations, the iPhone 5c and iPhone 5s have both been heavily discounted since their release. Walmart has discounted the iPhone 5c at least four times, according to our archives, and the retailer has offered the device for as low as $29 at least once before.
After refreshing its iMac lineup with a low cost $1,099 model, Apple quietly updated its iPod touch lineup with a new 16GB entry-level version. Apple also reduced the price of its current 32GB and 64GB models to $249 and $299, respectively.
The new $199 model is now available on Apple.com in Space Grey, Silver, Pink, Yellow, Blue and Red. The 16GB version is also now equipped with a 5MP iSight camera with LED flash, and it ships with the latest version of iOS 7. Besides the new camera the new model features the same specs as before, a 4-inch Retina display and A5 processor.
Apple has added MLB.com At Bat to its roster of CarPlay supported apps. The baseball streaming service is the first app to be added to the list of originally supported apps such as Beats Radio and Stitcher.
MLB.com At Bat is free to download on the Apple App Store, however, it costs $20 a year (or $2.99/month) to access the entire 2014 season. The app allows users to listen to Home and Away radio broadcasts, stream out-of-market games, plus more. The app supports all devices running iOS 7.0 or later.
Apple suppliers in China are getting ready to start production on two iPhone models in July, according to Bloomberg. As expected, the iPhone 6 will be available in two sizes when it is released later this year. Two unidentified sources have confirmed recent rumors that Apple plans to release a 4.7-inch model and 5.5-inch model of its next-generation iPhone. Both versions will be larger than the current iPhone 5s model which only features a 4-inch display.
It is still unclear if both models will be released in September, but it is likely. However, production difficulty with the larger model may cause it to be in limited supply when it is initially released, according to Bloomberg's source.
"Production of the 5.5-inch model is more complicated than the smaller version, resulting in lower production efficiency that must be overcome before manufacturing volume can be increased, said the person."
After hovering around $92 for most of last week, shares of Apple (NASDAQ: AAPL) dropped below $91 on Monday, two weeks after a 7-to-1 split. Anticipation surrounding two major upcoming products, the iWatch and iPhone 6 has resulted in a flurry of news and leaks.
As the long-rumored iWatch gets closer to reality, reports have surfaced that Apple is working with star athletes to test the new device. While analysts have pointed to October as a likely release date, others claim the device might see delays due to FDA medical device certification.