News

For the first time in several weeks, Apple (NASDAQ: AAPL) did not close the week at a record high. Share prices did close at a record $133.00 on Monday, but gradually slid for the rest of the week to close Friday at $128.46. Monday's 2.2% surge brought Apple's market capitalization to over $765 billion, more than twice that of Exxon's $374 billion cap. The last time the largest cap doubled the second largest was 30 years ago, when IBM took the top spot over Exxon. Apple is now a 30% jump away from becoming the world's first trillion dollar company.

Despite Apple's immense success, Germany's Berenberg Bank, a respected financial institution, lowered its target price to a shocking $60. Analyst Adnaan Ahmad believes that Apple is too reliant on the iPhone, which accounts for 70% of the company's revenues and 85% of its profit. Once the iPhone 6 market quiets down, he believes Apple will experience negative growth. He doesn't expect much from the Apple Watch either, but he does see potential for Apple

The most notable news item from Apple last week was the company's announcement of its Spring Forward event. Invitations for the media event were sent out on Thursday. It will be held at 9 AM PT on Monday, March 9, at the Yerba Buena Center for the Arts in San Francisco. It is widely expected that Apple will unveil new details about the Apple Watch such as cost, battery life and whether or not it is waterproof; and announce an official launch date for the highly anticipated wearable.

Though it wasn't directly Apple related, another big story from last week that affects everybody (more so in the U.S.), was the FCC's Thursday vote to enforce net neutrality. Service providers will be regulated as "common carriers" under the Communications Act, which means that they will not be allowed to speed up

Apple has officially opened the iWork suite of productivity software to anyone with an updated web browser. Ownership of a Mac or iOS device is not required to create an iCloud account. Once the user has an Apple ID, the web-based versions of Pages, Numbers and Keynote are free along with 1GB of iCloud storage to save related files.

iWork for iCloud was first launched in 2013 for beta testing, and later extended to all users with an Apple ID. Creating an Apple ID at www.icloud.com is as simple as clicking the text "Create one now" at the bottom of the sign in page. Users will need to enter a name, email address, date of birth and security questions for password protection.

Android Wear devices such as the Moto 360 aren't known for their compatibility with the iPhone. This could all change in the future, thanks in no small part to developer @MohammadAG. In a proof of concept, he was able to successfully display notifications on the Moto 360 directly from an iPhone.

What's more, the iPhone does not have to be jailbroken to make this work. The process utilizes Apple Notification Center Service (ANCS), which makes iOS notifications accessible to third-party accessories via Bluetooth. One example of a smartwatch that already uses this method to display iPhone notifications is the Pebble Watch.

Dropbox for iOS has recently received useful new features in version 3.7 on the iTunes Store. The ubiquitous cloud storage solution provides access to photos and documents from any compatible iOS device. Now the Dropbox app includes an Action Extension for iOS 8, which allows the user to save files directly to Dropbox from a standard app share sheet.

In order to use the Dropbox extension, toggle the Dropbox extension by navigating to the More menu from a share sheet. Once enabled, the Save to Dropbox button will appear automatically. Tapping this button will open the Dropbox dialog, which makes it possible to name the file and save to a location in your Dropbox folder. Files will upload to the cloud after tapping Save.