Apple Inc. (AAPL) News: Fight Againts DOJ, David Tepper Sells Share & Gold Similarities

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…most electronic devices — including Apple Inc. (NASDAQ:AAPL)’s iPhone, iPad and iPods — while the plane is under 10,000 feet. But proposed rule changes by the FAA have been held up by technicalities, and the desire to develop a concise, future-proof set of regulations.

David Tepper Dumped Nearly 250,000 Shares Of Apple In The First Quarter Of This Year (Business Insider)
David Tepper, who runs $12 billion distressed debt hedge fund Appaloosa Management, has filed his latest 13F regulatory filing with the Securities and Exchange Commission. During the first quarter of 2013 ended March 31st, Tepper pared back his Apple Inc. (NASDAQ:AAPL) stake selling more than 247,000 shares. According to the filing, he held 239,020 shares in the tech giant in Q1 of this year compared with 486,476 in Q4 of 2012. Apple is still one of Tepper’s top holdings.

Apple iPhone 5S Features: Device Could Have Sapphire Crystal Capacitive Home Button With Fingerprint Sensor (International Business Times)
Ever since the first Apple Inc. (NASDAQ:AAPL) iPhone came out in 2007, the “home” button on the front of each of the company’s flagship smartphones has remained one of the defining features of the handset. It’s now widely rumored that Apple will ditch that traditional feature to incorporate a much-improved replacement with the release of the next iPhone model, presumably to be called the “iPhone 5S.” Citing Taiwanese publication TechNews, a Cult of Mac report said on Tuesday that Apple might use a sapphire crystal capacitive-touch home button with a new fingerprint sensor on the upcoming “iPhone 5S.”

Why Apple Is Unlikely To Change Its Famous App Icons’ Shape (Business Insider)
Apple Inc. (NASDAQ:AAPL) is reportedly going to change the look of iOS, the operating system that runs iPhones and iPads. iOS is due for a tweaking. It’s looked pretty much the same since it was rolled out. Some people are getting bored and would love to see something different. When Apple changes iOS, however, don’t expect its app icons to change too much. A lot of people have been speculating that Apple might tweak their shape as part of an overall design change.

Lawsuit claims Apple sold iPhone 4 with bad on-off button (CNET)
A lawsuit has been brought against Apple Inc. (NASDAQ:AAPL) for allegedly selling iPhone 4 smartphones with faulty power buttons. The suit, which seeks class-action status, claims that Apple knew about the issue and failed to fix the problem. Debra Hilton filed the lawsuit in San Jose, Calif., alleging that she and “thousands of iPhone 4 users” were sold the device with on-off buttons that stopped working shortly after the 1-year warranty was up. The problem purportedly had to do with a defective flex cable that controlled the power button. According to the court filing, the defect in the power button prevented users from restarting the phone or being able to toggle it on and off. If the issue came up after the 1-year warranty expired, users allegedly had to pay a $149.99 replacement fee.


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