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Apple Inc. (AAPL) News – iPad Shuns Sports Illustrated

In other news, Safari web browser gets an update


Here is your daily Apple Inc. (NASDAQ: AAPL) stock news and rumors for July 28, 2010.  The Safari Extensions gallery launched today with the latest update to Apple’s web browser, Safari 5.0.1. Meanwhile, the iPhone 4’s white model continues to be delayed. But most interestingly, Sports Illustrated and other magazines are having a hard time getting their subscription-based apps approved for use on the iPad.

AAPL Release Safari 5.0.1 and Safari Extensions Gallery: As promised earlier this month, Apple Inc. has released the latest update of their Safari web browser. Safari version 5.0.0, released this past June, is now seeing the greatest promised upgrade in version 5.0.1, the Safari Extensions Gallery. The Extensions Gallery is an aesthetically pleasing portal allowing Safari users to browse a selection of third-party developed plug-ins for the browser, including offerings from popular websites and web services like Amazon.com (NASDAQ: AMZN), Twitter, and The New York Times (NYSE: NYT) Safari 5 supported extensions developed on CSS 3 and JavaScript web standards when it released last month, in addition to HTML5, which Apple has been aggressively incorporating into its new software this past year. (HTML5 is a web standard that allows video playback without necessitating Adobe (NASDAQ: ADBE) powered Flash). The Extensions Gallery also shares characteristics with the Apple App Store, in that each extension is approved by Apple Inc. after undergoing a thorough screenings process. Safari 5.0.1 also features updated security measures that affords users greater safety when auto-filling search and password fields with saved information.

Apple Blocks iPad Magazine Subscriptions: AAPL has been frustrating efforts by Time Inc. to establish the line of magazines as a series of applications for the Apple iPad. The latest, according to a report at All Things Digital, is that Apple has just shut down a ready-to-launch Sports Illustrated application tailor made for the tablet computer. Time Inc.’s biggest trouble is getting Apple to approve a payment model that has users paying Time Inc. directly for subscriptions rather than through Apple’s App or iTunes stores, allowing Apple to reap greater profits from each subscriber. That can’t be the whole story, however, as other periodicals like The Wall Street Journal from News Corp. (NASDAQ: NWS) have had no trouble getting approval from Apple for applications that have subscribers pay directly to the publication.

White iPhone 4 Delayed Over Backlight: Word came out early last week that the white model of AAPL’s iPhone 4 would be released later than expected. Initial reports claimed that the white model was delayed due to quality control issues over its casing. The latest rumor, coming from Scott Moritz from TheStreet, says that it isn’t problems with the device’s casings specifically, but the backlight illuminating the smartphone’s screen. Moritz claims that the current version of the white iPhone 4 has light leaking around the edges of the screen and even blurring through the back of the phone, rendering it transparent with the light at full. TheStreet‘s writer cited a “person familiar with the manufacturing process” as his source on the matter.

As of this writing, Anthony Agnello did not own a position in any of the stocks named here.

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Article printed from InvestorPlace Media, http://investorplace.com/2010/07/apple-inc-aapl-news-ipad-shuns-sports-illustrated/.

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