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Apple announces iPhone 5S/5C, stock tanks. What’s going on here?

Apple stock tanks after iPhone 5S/5C announcementAs late-night talk show hosts had a field day poking fun at Apple’s lackluster iPhone 52 and iPhone 5C announcement and competitors began tweeting jibes about Apple's superficial presentation, Apple’s stock began a hearty plummet on heavy volume trading immediately following the announcement of their new flagship devices. And all with good reason. If Apple loses their status as a trendsetter, they will no longer be able to charge a premium for their products. Was Apple's announcement really all that bad? Let's put it this way: Don't. Stand. In. Line.

Chinese manufacturer cracks Apple’s Lightning controller chips bypassing authentication mechanism

iPhone5Mod, a Chinese manufacturer of “cool” iPhone accessories, claims to have successfully tested cracked Apple’s Lightening controller chips that bypass Apple’s authentication mechanism. This would allow third party manufacturers to produce cheaper iPhone replacement cables and possibly get them to market by this year’s holiday season.
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Hmmm… Google withdraws patent complaint against Apple with no reason given

Reuters has reported that Google subsidiary Motorola Mobility has dropped a complaint of patent infringement against Apple without explanation. Google said in its filing “there are no agreements between Motorola and Apple, written or oral, express or implied, concerning the subject matter of this investigation”. It has been reported that that the two companies were in settlement talks though.
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Droid Razr HD and Droid Razr Maxx HD delayed due to same “death grip” issue that plagued the iPhone

Vengeance must feel sweet for iPhone 4 owners who suffered through the infamous “death grip” issue. The iPhone 4 suffered a “death grip” problem that resulted in excessive signal drops. It was fixed by applying a “bumper” to the phone’s case (the next iPhone had dual antennas). Now we hear that the upcoming Droid Razr HD and Droid Razr Maxx HD are suffering from similar problems.
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Apple dropped Google Maps because of Google’s refusal to meet Apple’s request for turn-by-turn navigation feature

Rumors are breaking as to the reason Apple pulled Google Maps from iOS 6, even though Apple still had 1 year remaining in its contract with Google. Apparently Apple wanted to include voice-guided turn-by-turn navigation, a big selling point for Android based devices for many years, in their new iOS 6 and iPhone 5 products. Apple refused to meet Google's conditions.
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iPhone 5 A6 chip may perform better than expected due to manual layout – yes, logic blocks laid by hand, not software

Benchmark tests of the iPhone 5 against powerhouse devices such as the Samsung Galaxy S3, are showing that the A6 chip is indeed a very capable processor. During a teardown of the chip, it was discovered that the ARM core blocks appear to have been laid out manually – as in, by hand. Laying out the core design by hand is expensive and time consuming but results in optimized high-frequency operation.
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iPhone sales at 5 million sold but display shortage may be to blame

The iPhone 5 quickly sold 5 million devices over the first weekend on sale, about 25% more than the iPhone 4S sold in its first few days. For a device marketed as a “new generation” device rather than a minor upgrade, it likely should have sold much more. However, the device is now sold out. Apple’s ability to keep up with demand is likely due to the new ultra-thin display the device uses.
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Sample of iPhone 5 Reviews

The iPhone goes on sale in two days and the reviews are out – and they are all over the place. Most agree, it’s an improvement over the iPhone 4S, which itself was a good phone. But not everyone feels rushing out to buy one is a good idea.

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