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AAPL Financial News Weekly Roundup: Apple to Join Dow Jones, iPhone 6 Demand Still Ahead of Supply and More

Apple (NASDAQ: AAPL) stock dropped slightly in value over the course of last week. Shares opened Monday at $129.25, reached a high of $129.56 on Wednesday, and closed Friday at $126.60. You won't be checking Apple's numbers on the NASDAQ for much longer, however, as the Cupertino giant will be replacing AT&T on the Dow Jones Industrial Average after trading on March 18th. The move was made to balance the information technology sector's weight in the index, which will drop a bit due to a Visa stock split.

Apple to join Dow Jones Industrial Average.

Aside from that, there were several other noteworthy items last week:

UBS analyst Steve Milunovich, estimating that iPhone 6 demand will continue to outstrip supply in the March quarter, has raised his sales forecast from 55 million units to 58 million units. This would represent a whopping 33% year-

Apple Watch Has 'Water Resistance Rating of IPX7 Under IEC Standard'

We now have the final word on the water resistant rating of the Apple Watch thanks to the Watch design page of the online Apple store. The fine print located on the bottom of the page reads, "Apple Watch is splash and water resistant but not waterproof." It also says the watch has a "water resistance rating of IPX7 under IEC standard 60529".

Apple Watch Water Resistant

This means it is safe to wear your watch when washing your hands or out in the rain but you should avoid fully submerging it in water. Apple also warns that its leather bands "are not water resistant."

Apple Watch Release Date and Pricing Announced

Apple today announced the final details about the Apple Watch at a special media event held at the Yerba Buena Center for the Performing Arts in San Francisco, California. Pre-orders for all three Apple Watch collections will open on April 10, 2015 and will begin shipping on April 24. The Apple Watch Sport will retail for $349 for the 39mm model and $399 for the 42mm. The standard Apple Watch model will start at $549 and the gold Edition model will start at $10,000.

Apple Watch Pre-Order

Apple CEO Tim Cook also announced that the watch will have an “all day battery life," "Hey, Siri" support and that iOS 8.2 will be available today. Cook said Apple Watch users can "expect 18 hours" of battery life from their watch during a "typical day". The "Hey, Siri" feature on the Apple Watch will also only work when you raise your wrist to preserve battery power.

New iOS Apps, Games and JB Tweaks of the Week: Hearthstone Blackrock Mountain and More

Blizzard will begin accepting pre-orders for its next Hearthstone adventure titled "Blackrock Mountain" on March 19. The single player campaign will be laid out like Curse of Naxxramas where players can buy entry into individual wings for 700 in-game gold or $6.99 USD. Players will also be able to unlock the entire campaign for $24.99. Blackrock Mountain will include 31 new Hearthstone cards and an exclusive card back for those who pre-order. You can learn more about Blackrock Mountain here.

Blizzard also previewed some images of the upcoming iPhone version of Hearthstone at PAX East, but the company did not reveal any new details about the game.

iOS App of the Week: Prison Life RPG

Prison Life RPG is the type of title hardcore gamers say they want for iOS devices but ignore because it looks like a freemium game disguised as a premium title. First let me say that the game features no in-app purchases or timers. All 100 playable prisoners and items in the game can be unlocked without spending any additional real world money. This is the type of game that people who hate freemium titles should support and it is worth every penny if you enjoy simulation / survival titles.

Prison Life RPG

In Prison Life RPG you must bribe, fight, and charm your way through daily prison life until your are paroled or hatch an escape plan. This is easier said than done as there are a lot of factors you have to consider. To survive you need to keep your Happiness, Energy and Health levels from dropping to zero. There are a lot of ways to stay healthy but there are also a lot of hazards that will make you sick or unhappy. You begin each day in the yard where you can mingle with other inmates to try and build relationships, buy items from various shops and play games like chess or basketball if you have the required skill.

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