Investors continued to hammer Apple after it made clear yesterday that it will continue to try to keep profit margins high on its iPhones, and not release a budget-priced model that might help it expand into developing markets. Shares dropped 5.4% to $467.83 today following downgrades from firms including Bank of…

Investors were hoping that a low-priced iPhone would help Apple to expand in developing countries. But shares are -2.8% following a presentation where Apple CEO Tim Cook played up the features of his new iPhone 5C and 5S, but with higher prices than some analysts had anticipated. The company calls the 5S…

That’s the way things look ahead of tomorrow’s long-awaited product announcement. Just about everybody anticipates two new iPhone models — as well as an updated iOS 7 operating system, and perhaps a Pandora-like Internet music service and a software upgrade for Apple TV — that plug holes in Apple‘s business model but…

This is actually the second of two agreements this week to upgrade Apple’s much maligned iPhone 5 mapping features, says Bloomberg which disclosed the HopStop acquisition. The app operates in 500 cities, and helps users find the fastest routes to destinations whether they’re walking, driving, or using public…

For those of you who can’t get enough iPhone news: The new model will be “similar in size and shape to [the] current one” and will go into production this quarter The Wall Street Journalreports citing “people familiar with the device’s production.” The paper adds that later this year Apple will offer a low-priced…

David Bloom is a contributor to Deadline.Samsung Mobile just unpacked its next flagship smartphone, christening it the Galaxy S4 and loading it with improved technical specs and nifty functions the company hopes might entice high-end users away from Apple's iPhone and other competitors. Streamed lived to some 400,000…

UPDATE, 3:00 PM: CEO Tim Cook added fuel to the speculation that Apple will come up with a potentially game-changing television. In a call with analysts he said it “remains” a topic of “intense interest for us” adding that “there’s a lot we can contribute in this space.” He declined to provide any details.PREVIOUS, 1…

UPDATE, 1:25 PM: Apple ended the day at $485.92, -3.2% — the stock’s lowest closing price since February 8, 2012. The performance stood in contrast to the slight rise in both the Dow Jones Industrial Average and Standard & Poor’s 500. Investor concerns about how much and how quickly Apple can grow are sure to weigh on…

That’s a real possibility, and a potential milestone for a three-month period during which the consumer electronics company has declined more than 28% from its 52-week high of $705. Apple‘s down about 1% in early trading today to $506, the lowest it’s been since February. Investors fear that iPhone 5 sales are short…

We see conflicting reports today out of China. Rights group China Labor Watch says that “multiple iPhone 5 production lines from various factory buildings were in a state of paralysis for the entire day” yesterday after as many as 4,000 production workers at Foxconn's Zhengzhou factory went on strike. Employees…

This had to hurt. Apple CEO Tim Cook acknowledged this morning that his company’s Maps product — which replaced Google Maps in the new iPhone 5 and iOS 6 operating system — “fell short” of his company’s standards. “We are extremely sorry for the frustration this has caused our customers and we are doing everything we…