Apple Inc. (AAPL) News: Low-Priced Handset, China Mobile Ltd. (ADR) (CHL)’s Deal & Nike, Inc. (NKE)

Editor’s Note: Related tickers: Apple Inc. (NASDAQ:AAPL), NIKE, Inc. (NYSE:NKE), China Mobile Ltd. (ADR) (NYSE:CHL),

Apple iWatch: Nike Fuelband man hired (USwitch)
Apple Inc. (NASDAQ:AAPL) has hired a NIKE, Inc. (NYSE:NKE) consultant who played a major role in developing the sports giant’s hugely successful FuelBand, among a slew of other fitness apps and services. Jay Blahnik confirmed to a friend on Twitter that he was joining the Cupertino company. Replying to a message about whether his move to Apple Inc. (NASDAQ:AAPL) was really happening, Blahnik wrote: “Yes, it is true! A wonderful and exciting opportunity”. While no official announcement has been made, it’s likely that Blahnik will be working full-time on Apple Inc. (NASDAQ:AAPL)’s much-vaunted iWatch. Blahnik currently works as a consultant to major fitness companies, but by far his biggest client is NIKE, Inc. (NYSE:NKE).

Apple Co-founder does not highly recommend movie on Steve Jobs (NewsTrackIndia)
Wozniak gave a review of ‘Jobs’ on a blogpost and said that although Kutcher’s acting, who is playing the lead role, is good but not great enough for him to recommend the movie. According to Huffington Post, the movie has received mixed responses from the critics and Wozniak suspects a lot of what was wrong with the film came from Kutcher’s own image of Jobs. Recently, Kutcher had claimed that Wozniak was being paid to criticize the movie but the co-founder called the actor’s claims as ‘disingenuous and wrong’. (ANI)

Should this Concern Apple Inc. (AAPL) and Google Inc (GOOG)?

Apple chases huge China Mobile deal as Samsung popularity rises (ITProPortal)
Apple Inc. (NASDAQ:AAPL) is reportedly inching closer to a deal with China Mobile Ltd. (ADR) (NYSE:CHL) to sell its iPhones to the carrier’s estimated 740 million subscribers, with a rumoured low-price handset coming later this year potentially the key to such a deal. The Cupertino-based firm is expected to unveil its next-generation iPhones on 10 September. Included in the mix, rumour has it, will be a lower-priced version of the handset that doesn’t include the Siri voice assistant and which uses a QUALCOMM chipset compatible with China Mobile Ltd. (ADR) (NYSE:CHL)’s TD-SCDMA 3G network.

Apple to replace faulty graphics in some iMacs (Fudzilla)
A few years ago Apple Inc. (NASDAQ:AAPL) was forced to recall significant numbers of MacBooks with discrete NVIDIA GPUs. Now it’s AMD’s turn. Apple Inc. (NASDAQ:AAPL) has announced that it will be replacing some HD 6970M cards used in 27-inch iMacs. The computers with the affected cards were shipped between May 2011 and October 2012. (Nick has one. Ed) The problem affects only 27-inch models with 3.1GHz Intel Core i5 or 3.4GHz Core i7 processors. To be eligible for the free replacement, the last four characters of the serial number must contain one of the following groups (for example, xxxxxxxxDHJQ): DHJQ, DHJW, DL8Q, DNGH, DNJ9, DMW8, DPM1, DPM2, DPNV, DNY0, DRVP, DY6F, F610.

The Week That Was: Apple shares jumped (CNBC)