Klaus' Korner

Apple News: Apple Working with U2 on New Music Format to Boost Digital Music Sales Apple and U2 have a long history of working together, producing a special edition U2 iPod in 2008 and more recently releasing the band’s latest album, “Songs of Innocence,” for free. According to Time, Apple and U2 now are collaborating on a new music format that will boost digital music sales. Details on the music…

Apple News: Apple’s $425 million spike in R&D spending points to new products in pipeline Eddy Cue thinks 2014 will be the best product pipeline Apple’s had in 25 years, and according to the company’s latest filings with the Securities and Exchange Commission, Cupertino is certainly pouring enough money into R&D to back him up. Apple increased spending in research and development 36 percent year-over-year in Q3, with an extra…

Apple News: Wall Street ranks Apple world’s most respected company, analysts raise target share prices Barron’s reports that institutional investors have returned Apple to its number one slot in its annual ranking of the world’s most respected companies, after it was beaten last year by Berkshire Hathaway. Apple topped this year’s ranking by scoring 3.94, giving it a wide margin of victory. Berkshire scored 3.58, and the mean was 2.37….

Apple News: Smart money bet against Apple just before it hit a 12-month high Two reports from Morgan Stanley and Goldman Sachs about where institutional investors placed their bets last quarter suggest that the “smart money” is not always so smart. In a note to clients issued Friday, Morgan Stanley’s Katy Huberty reports that allocation to Apple among the top 100 investors in the stock fell last quarter to 2.0%…

Apple News: Apple plans ‘enormous’ iPhone push this week, report says Apple is making a push to sell more iPhones just weeks before its Worldwide Developers Conference, a new report says. Starting May 8, Apple will contact customers around the globe via e-mail to inform them that they’re eligible to upgrade their iPhones to either the iPhone 5C or iPhone 5, 9to5Mac is reporting, citing people who claim to have…