InstaMarketNews.com is the place modern investors go to see what is going on in the stock market today. Get stock market commentary, stocks to watch, analyst upgrades and more in one convenient location.

iTunes 12.6.4 Released as Minor Update to Version With Built-In App Store

Apple has updated its special enterprise-focused version of iTunes that still has a built-in App Store for those who need it.

Download links for iTunes 12.6.4.3 have been quietly made available in an Apple support document related to deploying iP…

Apple has updated its special enterprise-focused version of iTunes that still has a built-in App Store for those who need it.


Download links for iTunes 12.6.4.3 have been quietly made available in an Apple support document related to deploying iPhone and iPad apps in a business environment with iTunes on Mac or Windows PCs.

The update was prepared on March 20 and released on Tuesday, according to German blog iFun.de. The version doesn't include new release notes, so it is likely a minor update with bug fixes and stability improvements.

Apple removed the App Store in iTunes 12.7 last September, but it released iTunes 12.6.3 shortly afterwards for business customers or anyone who might still need to use the desktop software to install iOS apps.

Those who have already downloaded iTunes 12.6.3 will likely not be prompted about the iTunes 12.6.4.3 update, so they'll have to update manually by downloading and installing the new version from Apple's support document.

iTunes 12.6.4.3 can be downloaded by anyone, including those who have already installed iTunes 12.7. If at any point users want to update to iTunes 12.7.4 or later, they can do so manually from the main iTunes download page.
Discuss this article in our forums

Apple Planning iPhones With Touchless Gesture Controls and Curved Screens to Launch Within Three Years

Bloomberg‘s Mark Gurman has a new report out this morning, claiming that Apple is working on future iPhone models that will incorporate “touchless gesture control” as well as curved screens. The company is said to be looking at how it can differentiate its flagship product in a smartphone market that’s becoming increasingly saturated with devices.

According to people with knowledge of Apple’s plans, the touchless control feature is described as a hover-like gesture system that would let future iPhone owners navigate iOS “by moving their finger close to the screen without actually tapping it.” This technology would be advanced enough to take into account the proximity of a finger to the screen and is predicted to still be around two years away, if Apple chooses to move forward with it.


Gurman also compared Apple’s gesture design to Samsung’s Air Gestures in Android smartphones and Google’s Project Soli. In comparison, Apple’s future iPhone “would require gestures to be closer to the screen than with Project Soli,” and be based on technology built in the display rather than some kind of motion sensor added to the iPhone’s bezel, as it is with Air Gestures.

Secondly, Apple is in the works on an iPhone display that curves inward “gradually from top to bottom,” unlike Samsung’s smartphones that curve down and away at the edges of the screen. Gurman’s sources said that this major iPhone upgrade is around two to three years away. The company has been connected to curved display rumors in the past, and in October 2017 was said to be working with LG Display on an iPhone with a foldable display.

The new report also quickly corroborates many of the current rumors for the 2018 iPhone lineup:

While the Apple projects aren’t imminent, the company has near-term plans to expand OLED technology to more devices, according to other people familiar with the matter. It will release a second iPhone with that type of screen later this year; a larger model with a 6.5-inch screen, up from the 5.8-inch size in the current iPhone X. The company is also working on an update to the iPhone X’s size and a new, lower-cost LCD model.

Earlier in February, another one of Gurman’s reports focused on the launch of iOS 12 later this year, which is believed to feature Animoji in FaceTime, deeper Siri integration, and an overall focus on quality rather than the introduction of many new features.

Discuss this article in our forums

Bloomberg's Mark Gurman has a new report out this morning, claiming that Apple is working on future iPhone models that will incorporate "touchless gesture control" as well as curved screens. The company is said to be looking at how it can differentiate its flagship product in a smartphone market that's becoming increasingly saturated with devices.

According to people with knowledge of Apple's plans, the touchless control feature is described as a hover-like gesture system that would let future iPhone owners navigate iOS "by moving their finger close to the screen without actually tapping it." This technology would be advanced enough to take into account the proximity of a finger to the screen and is predicted to still be around two years away, if Apple chooses to move forward with it.


Gurman also compared Apple's gesture design to Samsung's Air Gestures in Android smartphones and Google's Project Soli. In comparison, Apple's future iPhone "would require gestures to be closer to the screen than with Project Soli," and be based on technology built in the display rather than some kind of motion sensor added to the iPhone's bezel, as it is with Air Gestures.

Secondly, Apple is in the works on an iPhone display that curves inward "gradually from top to bottom," unlike Samsung's smartphones that curve down and away at the edges of the screen. Gurman's sources said that this major iPhone upgrade is around two to three years away. The company has been connected to curved display rumors in the past, and in October 2017 was said to be working with LG Display on an iPhone with a foldable display.

The new report also quickly corroborates many of the current rumors for the 2018 iPhone lineup:
While the Apple projects aren’t imminent, the company has near-term plans to expand OLED technology to more devices, according to other people familiar with the matter. It will release a second iPhone with that type of screen later this year; a larger model with a 6.5-inch screen, up from the 5.8-inch size in the current iPhone X. The company is also working on an update to the iPhone X’s size and a new, lower-cost LCD model.
Earlier in February, another one of Gurman's reports focused on the launch of iOS 12 later this year, which is believed to feature Animoji in FaceTime, deeper Siri integration, and an overall focus on quality rather than the introduction of many new features.


Discuss this article in our forums

Apple Pay Now Available in Brazil

Apple Pay has officially launched in Brazil today through an exclusive partnership with Brazilian bank Itaú Unibanco.


Apple CEO Tim Cook revealed that Apple Pay would be launching in Brazil during the company’s first quarter earnings call, and today the “coming soon” label was removed from Apple’s website. A number of Brazilian users have been able to set up Apple Pay as of this morning, according to social media posts.

Apple Pay can be set up in the Wallet app and is accepted at a wide range of locations in Brazil, including Bullguer, Starbucks, Taco Bell, The Fifties, and Track&Field. The service is currently limited to Visa and Mastercard credit cards from Itaú Unibanco, but it will likely expand to additional banks soon.

Apple Pay works with the iPhone 6 or later and any Apple Watch. Apple Pay in apps and on the web is also available on iPads with Touch ID, including the low-cost iPad, iPad mini 3 and iPad mini 4, and iPad Pro models.

Since 2014, Apple Pay has expanded to more than a dozen countries, including the United States, Australia, Canada, China, Hong Kong, France, Ireland, Italy, Denmark, Finland, Japan, New Zealand, Russia, Spain, Singapore, Switzerland, Sweden, Taiwan, United Arab Emirates, and the United Kingdom.

Related Roundup: Apple Pay
Tag: Brazil

Discuss this article in our forums

Apple Pay has officially launched in Brazil today through an exclusive partnership with Brazilian bank Itaú Unibanco.


Apple CEO Tim Cook revealed that Apple Pay would be launching in Brazil during the company's first quarter earnings call, and today the "coming soon" label was removed from Apple's website. A number of Brazilian users have been able to set up Apple Pay as of this morning, according to social media posts.

Apple Pay can be set up in the Wallet app and is accepted at a wide range of locations in Brazil, including Bullguer, Starbucks, Taco Bell, The Fifties, and Track&Field. The service is currently limited to Visa and Mastercard credit cards from Itaú Unibanco, but it will likely expand to additional banks soon.

Apple Pay works with the iPhone 6 or later and any Apple Watch. Apple Pay in apps and on the web is also available on iPads with Touch ID, including the low-cost iPad, iPad mini 3 and iPad mini 4, and iPad Pro models.

Since 2014, Apple Pay has expanded to more than a dozen countries, including the United States, Australia, Canada, China, Hong Kong, France, Ireland, Italy, Denmark, Finland, Japan, New Zealand, Russia, Spain, Singapore, Switzerland, Sweden, Taiwan, United Arab Emirates, and the United Kingdom.

Related Roundup: Apple Pay
Tag: Brazil

Discuss this article in our forums

How to Cancel App Store and Apple Music Subscriptions

Several TV and music services and other apps offer free trials through the App Store that automatically renew to become paid subscriptions after the trial period ends.

If you want to prevent an App Store subscription from running beyond the trial period or cancel a subscription you’re currently paying for, then read on. This article explains how to cancel any App Store subscription on iOS, Mac, and Apple TV.


How to Cancel App Store Subscriptions on iOS

  1. Open Settings on your iPhone or iPad.
  2. Tap iTunes & App Store.
  3. Tap your Apple ID at the top, shown in blue.

  4. Tap View Apple ID in the pop-up.
  5. Sign into the iTunes Store using your login credentials or Touch ID/Face ID if requested.
  6. Tap Subscriptions.

  7. Tap on the subscription in the list that you wish to cancel.
  8. Tap Cancel Subscription at the bottom.

How to Cancel App Store Subscriptions on Mac

  1. Launch the iTunes application.
  2. Select the Store section using the tabs along the top of the iTunes window.
  3. Click on Account, located under the store Quick Links.

  4. Enter your Apple ID login credentials if requested.

  5. In the Settings section, click Manage next to Subscriptions.

  6. In the Active Subscriptions section, click Edit next to the subscription that you want to cancel.

  7. Click the Cancel Subscription button.

How to Cancel Subscriptions on Apple TV

  1. Open Settings on your Apple TV.

  2. Select Accounts.

  3. Select Manage Subscriptions.
  4. Choose the subscription that you want to end.
  5. Select Cancel Subscription.
  6. Confirm that you want to cancel.

How to Re-subscribe to a Service You Canceled

Apple keeps a record of your subscription history, which makes it easy to re-subscribe to a service you previously canceled. (Note that after re-subscribing to a service, your subscription will automatically renew until you cancel it again.) The following steps relate to iOS.

  1. Open Settings on your iPhone or iPad.
  2. Tap iTunes & App Store.
  3. Tap your Apple ID at the top, shown in blue.
  4. Tap View Apple ID in the pop-up.
  5. Sign into the iTunes Store using your login credentials or Touch ID/Face ID if requested.
  6. Tap Subscriptions.

  7. Under the Expired section, tap on the service that you wish to re-subscribe to.
  8. Tap the payment option that you want to use to purchase the subscription.
  9. Enter your Apple ID password, or use Touch ID/Face ID when prompted.

How to Re-subscribe to a Service on Mac

  1. Launch the iTunes application.
  2. Select the Store section using the tabs along the top of the iTunes window.
  3. Click on Account, located under the store Quick Links.

  4. Enter your Apple ID login credentials if requested.

  5. In the Settings section, click Manage next to Subscriptions.
  6. In the Expired Subscriptions section, click Edit next to the service that you want to re-subscribe to.
  7. Select your desired subscription option.
  8. Enter your Apple ID password and select the payment option that you want to use.
  9. Click Done.
Related Roundups: iOS 11, macOS High Sierra
Tag: iTunes

Discuss this article in our forums

Several TV and music services and other apps offer free trials through the App Store that automatically renew to become paid subscriptions after the trial period ends.

If you want to prevent an App Store subscription from running beyond the trial period or cancel a subscription you're currently paying for, then read on. This article explains how to cancel any App Store subscription on iOS, Mac, and Apple TV.
Continue reading "How to Cancel App Store and Apple Music Subscriptions"

Rare Earths MMI: Metals Prices Move Up, Demand for Neodymium Grows

The Rare Earths Monthly Metals Index (MMI) picked up a point this month, rising from 20 for an April reading of 21. 

The basket of metals posted price gains across the board this past month.

Need buying strategies for steel? Try two free months of MetalMiner’s Outlook

Yttrium rose 1.2%, while terbium oxide rose 1.6%. Neodymium oxide rose 0.2%, europium oxide was up 1.3% and dysprosium oxide was up 0.8%.

Growing Demand for Neodymium

A move by Tesla to a magnetic motor for its Model 3 Long Range car, Reuters reported last month, will add pressure on an already constrained neodymium market.

According to the research group imarc, the market for the neodymium-iron-boron magnet used for the magnetic motors is now worth more than $11.3 billion, Reuters reported.

Global demand for neodymium exceeded supply by 3,300 tons, according to the report.

With the demand for electric vehicles growing more and more, so too will the demand for rare-earth metals like neodymium. Complicating the supply landscape, however, is China’s total dominance in the rare earths market. Given rising trade tensions, stemming from the Trump administration’s recent Section 232 steel and aluminum tariffs, plus the recent Section 301 announcement — the Office of the United States Trade Representative yesterday posted a proposed list of Chinese products that could be subject to tariffs — the neodymium supply market is something to be monitored.

As Reuters notes, China previously instituted a neodymium export ban, which was lifted in 2015 — could it happen again? That remans to be seen, but increasingly inflamed global trade relations certainly don’t do anything to tamp down the possibility.

Speaking of Trade Tensions…

Bloomberg speculated last month on ways China could retaliate against the U.S. should the latter eventually impose tariffs on Chinese goods amounting to potentially $50-$60 billion.

The article notes that in 2010, China stopped giving Japan export licenses for rare earth metals used in cars and electronics, as a result of tensions related to islands in the East China Sea.

Again, it remains to be seen what the rising tensions mean for the rare-earths market, but it is certainly worth monitoring going forward.

Searching from Above

In the search for new deposits of rare earths (and metals, in general), scientists are looking from a bird’s eye view — or, rather, a drone’s eye view.

According to a report in The Guardian, German scientists are using drones to scout out potential new sources of metals. The scientists are using drones, equipped with special cameras and sensors, to identify potential deposits based on the unique reflections of light various minerals produce, according to the report.

As noted above, the demand for rare earth materials is only going to increase, not just for application in electric vehicles, but also in other high-tech products.

MetalMiner’s Annual Outlook provides 2018 buying strategies for carbon steel

Actual Metal Prices and Trends

The post Rare Earths MMI: Metals Prices Move Up, Demand for Neodymium Grows appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

The Rare Earths Monthly Metals Index (MMI) picked up a point this month, rising from 20 for an April reading of 21. 

The basket of metals posted price gains across the board this past month.

Need buying strategies for steel? Try two free months of MetalMiner’s Outlook

Yttrium rose 1.2%, while terbium oxide rose 1.6%. Neodymium oxide rose 0.2%, europium oxide was up 1.3% and dysprosium oxide was up 0.8%.

Growing Demand for Neodymium

A move by Tesla to a magnetic motor for its Model 3 Long Range car, Reuters reported last month, will add pressure on an already constrained neodymium market.

According to the research group imarc, the market for the neodymium-iron-boron magnet used for the magnetic motors is now worth more than $11.3 billion, Reuters reported.

Global demand for neodymium exceeded supply by 3,300 tons, according to the report.

With the demand for electric vehicles growing more and more, so too will the demand for rare-earth metals like neodymium. Complicating the supply landscape, however, is China's total dominance in the rare earths market. Given rising trade tensions, stemming from the Trump administration's recent Section 232 steel and aluminum tariffs, plus the recent Section 301 announcement — the Office of the United States Trade Representative yesterday posted a proposed list of Chinese products that could be subject to tariffs — the neodymium supply market is something to be monitored.

As Reuters notes, China previously instituted a neodymium export ban, which was lifted in 2015 — could it happen again? That remans to be seen, but increasingly inflamed global trade relations certainly don't do anything to tamp down the possibility.

Speaking of Trade Tensions...

Bloomberg speculated last month on ways China could retaliate against the U.S. should the latter eventually impose tariffs on Chinese goods amounting to potentially $50-$60 billion.

The article notes that in 2010, China stopped giving Japan export licenses for rare earth metals used in cars and electronics, as a result of tensions related to islands in the East China Sea.

Again, it remains to be seen what the rising tensions mean for the rare-earths market, but it is certainly worth monitoring going forward.

Searching from Above

In the search for new deposits of rare earths (and metals, in general), scientists are looking from a bird's eye view — or, rather, a drone's eye view.

According to a report in The Guardian, German scientists are using drones to scout out potential new sources of metals. The scientists are using drones, equipped with special cameras and sensors, to identify potential deposits based on the unique reflections of light various minerals produce, according to the report.

As noted above, the demand for rare earth materials is only going to increase, not just for application in electric vehicles, but also in other high-tech products.

MetalMiner’s Annual Outlook provides 2018 buying strategies for carbon steel

Actual Metal Prices and Trends

The post Rare Earths MMI: Metals Prices Move Up, Demand for Neodymium Grows appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Construction MMI: U.S. Shredded Scrap Price Rises, Architecture Billings Continue Growth

The Construction Monthly Metals Index (MMI) dropped one point this month, falling from 93 to 92.

Need buying strategies for steel? Try two free months of MetalMiner’s Outlook

Within the basket of metals, Chinese rebar and H-beam steel both dropped, while U.S. shredded scrap jumped 3.1%.

Chinese aluminum bar also dropped on the month, while European 1050 commercial aluminum sheet picked up a small gain.

U.S. Construction Spending

According to the most recently available U.S. Census Bureau data for the month of February, construction spending that month ticked up slightly from January.

Total construction spending hit $1,273.1 billion, up 0.1% from the January 2018 revised estimate of $1,272.2 billion. The February total is up 3.0% from the $1,235.7 billion in February 2017.

Construction spending for the first two months of the year was up 4.4% compared with the first two months of 2017.

Broken down by category, private construction spending was $982.0 billion, 0.7% above the revised January estimate of $974.8 billion. Residential construction hit $533.4 billion in February, 0.1% above the revised January estimate of $532.9 billion. Nonresidential construction was $448.6 billion in February, 1.5% above the revised January estimate of $441.9 billion.

As for public construction, spending was $291.1 billion, 2.1% below the revised January estimate of $297.4 billion. Within the umbrella of public construction, educational construction was at a seasonally adjusted annual rate of $74.6 billion, 0.5% below the revised January estimate of $75.0 billion. Highway construction was at a seasonally adjusted annual rate of $88.5 billion, 0.2% below the revised January estimate of $88.7 billion.

Architecture Billings Index Shows Strong Month for Billings

The Architecture Billings Index (ABI), produced monthly by the American Institute of Architects (AIA), hit a reading of 52.0 for February (anything greater than 50 indicates growth). That number is down from the 54.7 reading the previous month.

“Firm billings have now increased for the last five consecutive months and 11 months out of the last year,” the ABI report stated. “Inquiries into new projects and the value of new signed design contracts both increased in February, as firms remain generally optimistic about future work in the pipeline.”

By U.S. region, the Northeast posted the weakest month with a reading of 47.5. Meanwhile, the West led the way with a 57.6. According to the report, firms in the West reported the “strongest conditions for the region in more than a decade.”

The Midwest posted a 54.5 while the South was on its heels at 54.4.

Want to a see Cold Rolled price forecast? Get two monthly reports for free!

Actual Metal Prices and Trends

The post Construction MMI: U.S. Shredded Scrap Price Rises, Architecture Billings Continue Growth appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

The Construction Monthly Metals Index (MMI) dropped one point this month, falling from 93 to 92.

Need buying strategies for steel? Try two free months of MetalMiner’s Outlook

Within the basket of metals, Chinese rebar and H-beam steel both dropped, while U.S. shredded scrap jumped 3.1%.

Chinese aluminum bar also dropped on the month, while European 1050 commercial aluminum sheet picked up a small gain.

U.S. Construction Spending

According to the most recently available U.S. Census Bureau data for the month of February, construction spending that month ticked up slightly from January.

Total construction spending hit $1,273.1 billion, up 0.1% from the January 2018 revised estimate of $1,272.2 billion. The February total is up 3.0% from the $1,235.7 billion in February 2017.

Construction spending for the first two months of the year was up 4.4% compared with the first two months of 2017.

Broken down by category, private construction spending was $982.0 billion, 0.7% above the revised January estimate of $974.8 billion. Residential construction hit $533.4 billion in February, 0.1% above the revised January estimate of $532.9 billion. Nonresidential construction was $448.6 billion in February, 1.5% above the revised January estimate of $441.9 billion.

As for public construction, spending was $291.1 billion, 2.1% below the revised January estimate of $297.4 billion. Within the umbrella of public construction, educational construction was at a seasonally adjusted annual rate of $74.6 billion, 0.5% below the revised January estimate of $75.0 billion. Highway construction was at a seasonally adjusted annual rate of $88.5 billion, 0.2% below the revised January estimate of $88.7 billion.

Architecture Billings Index Shows Strong Month for Billings

The Architecture Billings Index (ABI), produced monthly by the American Institute of Architects (AIA), hit a reading of 52.0 for February (anything greater than 50 indicates growth). That number is down from the 54.7 reading the previous month.

"Firm billings have now increased for the last five consecutive months and 11 months out of the last year," the ABI report stated. "Inquiries into new projects and the value of new signed design contracts both increased in February, as firms remain generally optimistic about future work in the pipeline."

By U.S. region, the Northeast posted the weakest month with a reading of 47.5. Meanwhile, the West led the way with a 57.6. According to the report, firms in the West reported the "strongest conditions for the region in more than a decade."

The Midwest posted a 54.5 while the South was on its heels at 54.4.

Want to a see Cold Rolled price forecast? Get two monthly reports for free!

Actual Metal Prices and Trends

The post Construction MMI: U.S. Shredded Scrap Price Rises, Architecture Billings Continue Growth appeared first on Steel, Aluminum, Copper, Stainless, Rare Earth, Metal Prices, Forecasting | MetalMiner.

Apple’s Upcoming Morning Show Drama Gets New Showrunner

One of the TV shows Apple has in the works, a “morning show drama” starring Reese Witherspoon and Jennifer Aniston, is getting a new showrunner, reports Variety.

The original showrunner and creator, Jay Carson, had planned to work with Apple on th…

One of the TV shows Apple has in the works, a "morning show drama" starring Reese Witherspoon and Jennifer Aniston, is getting a new showrunner, reports Variety.


The original showrunner and creator, Jay Carson, had planned to work with Apple on the series, but he has departed over creative differences. Kerry Ehrin, known for "Bates Motel," is instead set to take over and is close to inking a deal with Apple.

Ehrin was the co-creator, executive producer, and showrunner of "Bates Motel."

Apple has signed a deal for two seasons of the as-of-yet untitled morning show drama, each with 10 episodes. The show, based on the 2013 book "Top of the Morning" by Brian Stelter, takes a look inside the cutthroat world of morning television. Stelter's book was based on the rivalry between NBC's "Today" and ABC's "Good Morning America."

Apple has multiple TV shows in the works, all of which are outlined in the original content section of our Apple TV roundup. Rumors have suggested the first of Apple's TV shows could debut in 2019.

Related Roundup: Apple TV
Buyer's Guide: Apple TV (Neutral)

Discuss this article in our forums

Apple Shares New ‘Groceries’ Video Highlighting Apple Pay on iPhone X [Updated]

Apple today shared a new “Groceries” ad that’s designed to highlight the ease of using Apple Pay with Face ID on the iPhone X.

In the short 12 second spot, which will likely be shown on TV, YouTube, and social media networks, a woman shopping for …

Apple today shared a new "Groceries" ad that's designed to highlight the ease of using Apple Pay with Face ID on the iPhone X.


In the short 12 second spot, which will likely be shown on TV, YouTube, and social media networks, a woman shopping for produce at the grocery store uses an iPhone X and Apple Pay to make her purchases.

The fruit she buys is then crafted into an elaborate sea scene with a shark made from watermelon, banana dolphins, watermelon waves, pineapple palm trees, and more.

Apple in recent weeks has shared several videos focusing on Apple Pay features on the iPhone X. "Fly Market," published in late March, for example, featured a man dancing through an open air market making purchases with just a glance, while a second spot with the same actor demonstrated Apple Pay Cash.

Update: Apple has uploaded several additional short iPhone X videos, all of which feature Apple Pay on iPhone X. "Coffee" and "Kicks" highlight a traditional in-store Apple Pay purchases, while "Grooming" features an in-app Apple Pay purchase.







Related Roundup: iPhone X
Buyer's Guide: iPhone X (Neutral)

Discuss this article in our forums

Apple Executives Receive Stock Worth Up to $22 Million as RSUs Vest

Seven Apple executives this week received major stock awards after restricted stock units or RSUs awarded in 2014 and 2015 vested.

Apple issues RSUs to its executives as bonus compensation, with the restricted units vesting after a set period of time as long as the employee stays with the company.


Phil Schiller, Dan Riccio, Jeff Williams, and Eddy Cue all received 130,117 shares, worth more than $22 million at Apple’s current price per share. Luca Maestri, Angela Ahrendts, and Craig Federighi all received ~77,000 shares.

Shares received by each were originally awarded on March 3, 2014; October 17, 2014; and October 5, 2015, with Riccio, Williams, Cue, and Schiller receiving stock from all three dates and Maestri, Ahrendts, and Federighi receiving stock from the October awards. The March 2014 award has now fully vested for employees who received it, while employees who received the other two rewards will see additional shares vest on April 1, 2019 and April 1, 2020.

A portion of each award was withheld by Apple to satisfy tax withholding requirements on vesting of restricted stock units.

Tag: Stock

Discuss this article in our forums

Seven Apple executives this week received major stock awards after restricted stock units or RSUs awarded in 2014 and 2015 vested.

Apple issues RSUs to its executives as bonus compensation, with the restricted units vesting after a set period of time as long as the employee stays with the company.


Phil Schiller, Dan Riccio, Jeff Williams, and Eddy Cue all received 130,117 shares, worth more than $22 million at Apple's current price per share. Luca Maestri, Angela Ahrendts, and Craig Federighi all received ~77,000 shares.

Shares received by each were originally awarded on March 3, 2014; October 17, 2014; and October 5, 2015, with Riccio, Williams, Cue, and Schiller receiving stock from all three dates and Maestri, Ahrendts, and Federighi receiving stock from the October awards. The March 2014 award has now fully vested for employees who received it, while employees who received the other two rewards will see additional shares vest on April 1, 2019 and April 1, 2020.

A portion of each award was withheld by Apple to satisfy tax withholding requirements on vesting of restricted stock units.

Tag: Stock

Discuss this article in our forums

Apple Seeds First Beta of macOS High Sierra 10.13.5 to Developers

Apple today seeded the first beta of an upcoming macOS High Sierra 10.13.5 update to developers, just under one week after releasing the macOS High Sierra 10.13.4 update.

The new macOS High Sierra 10.13.5 beta can be downloaded through the Software …

Apple today seeded the first beta of an upcoming macOS High Sierra 10.13.5 update to developers, just under one week after releasing the macOS High Sierra 10.13.4 update.

The new macOS High Sierra 10.13.5 beta can be downloaded through the Software Update mechanism in the Mac App Store with the proper profile installed. The update does not appear to be listed in the Apple Developer Center at the current time, but it is available for developers who previously installed the macOS High Sierra beta profile.


It's not yet clear what improvements the fifth major update to macOS High Sierra will bring, but it's likely to include bug fixes and performance improvements for issues that weren't addressed in macOS High Sierra 10.13.4.

We are waiting on several features to come to macOS and iOS, including Messages on iCloud, a feature that was in the iOS 11.3 beta but later pulled. Messages on iCloud has been reintroduced in the iOS 11.4 beta and is likely in macOS High Sierra 10.13.5 as well.

The previous macOS High Sierra 10.13.4 update brought support for external graphics processors (eGPUs) along with Business Chat in Messages and several other bug fixes and smaller feature improvements.

We'll update this post should any new features be discovered in macOS High Sierra 10.13.5.

Related Roundup: macOS High Sierra

Discuss this article in our forums