Apple Inc. (AAPL) News: 12 Car Brands, Variants Of iPhone, Similar Moves As Facebook Inc (FB) & Microsoft Corporation (MSFT)

Editor’s Note: Related tickers: Apple Inc. (NASDAQ:AAPL), Facebook Inc (NASDAQ:FB), Microsoft Corporation (NASDAQ:MSFT)

Apple joins Facebook, Microsoft, reveals thousands of U.S. demands for customer data (TheGlobeAndMail)
Apple Inc. (NASDAQ:AAPL) today joined other technology giants in disclosing details of government requests for customer data, pledging to try to “strike the right balance” between privacy and legal requests. Apple’s disclosure follows similar moves by Facebook Inc (NASDAQ:FB) and Microsoft Corporation (NASDAQ:MSFT) over the past few days, as controversy mounts over a U.S. government snooping program known as Prism. Apple Inc. (NASDAQ:AAPL) received between 4,000 and 5,000 requests from U.S. agencies over the past six months, the company said in a statement posted on its website. Between 9,000 and 10,000 accounts or devices were targeted by federal, state and municipal agencies, involving criminal and national security issues.

Apple Inc. (NASDAQ:AAPL)

Apple Inc Is Working On 3 Variants Of iPhone To Be Launched In Next 10 Months (DazeInfo)
Apple Inc. (NASDAQ:AAPL) has apparently taken the aggressive approach towards iPhone to woo its users clamoring for more choices in different screen sizes. Apple is currently working on three (not two) variants of iPhone to be released in next 10 months. Recently Reuters claimed two bigger screen size iPhone under testing, while low-price iPhone is also creating enough buzz over internet. According to Reuters, Apple Inc. (NASDAQ:AAPL) is working on 4.7 inch and 5.7 inch screen size iPhone that could be launched only by March 2014. However, to defuse intensified pressure, Apple is also working on successor of iPhone 5 – to be called iPhone 5S probably – scheduled for August this year.

Why Apple Inc. remains popular in California (HealthyCal)
California’s most valuable company – Apple Inc. (NASDAQ:AAPL) – has been taking flak lately from the halls of Congress to the capitals of Europe over reports that the consumer electronics giant manages its business to minimize the corporate income taxes it pays to the U.S. and foreign governments. But you’re not likely to hear too many complaints from California politicians about the company’s contribution to the state and local tax base – or the economy. The taxes Apple pays represent a huge chunk of the state budget, and new numbers show just how big a role it plays in the economic life of the Silicon Valley and especially the company’s home town of Cupertino.

Apple’s bid to crack the center stack (AutoNews)
Last week Apple Inc. (NASDAQ:AAPL) executive Eddy Cue said 12 car brands will let motorists link iPhones to center consoles to make calls, send text messages, use maps and issue voice commands. So Apple Inc. (NASDAQ:AAPL) is poised to invade the cockpit and take over the center stack, right? Well, no. Automakers certainly lust after 49 million American iPhone owners, but not enough to alienate 68 million U.S. Android users. Reluctant to surrender control of their center stacks, and worried about safety-conscious federal regulators, automakers will perform a balancing act.

Apple bites workers at home & abroad (Workers)
Workers and small business people complain a lot about taxes — and rightfully so. Too often, however, some especially in the middle class buy into the right-wing argument that their taxes are high because of “wasteful” government social programs meant to alleviate the worst aspects of poverty in the U.S. …Recently, a U.S. congressional report into Apple Inc. (NASDAQ:AAPL)’s tax arrangements says that “Apple Inc. (NASDAQ:AAPL) established an offshore subsidiary, Apple Operations International, which from 2009 to 2012 reported net income of $30 billion, but declined to declare any tax residence, filed no corporate income tax return and paid no corporate income taxes to any national government for five years.”

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Top 10 Most Expensive Luxury Cars in the World – 2014

Killer Small Business Ideas

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!