Here are your Apple rumors and AAPL news items for today.
Apple Runs Afoul of Italian Law: Italian regulators have threatened to shut down Apple‘s (NASDAQ:AAPL) operations in the country if it does not comply with a national law requiring free two-year warranties on products, Reuters reports. Apple only offers one year warranties on its products, but will extend that to two years for a fee. The company ignored a prior warning and €900,000 fine from the Italian government. In addition to closing its operations in Italy, the government is considering new fines to at least €300,000. Apple has 30 days to respond.
iOS Mobile Share Continues to Grow: An analyst firm finds that devices running Apple’s iOS accounted for 65.27% of mobile Internet browsing in June, Apple Insider says. Trailing iOS were devices running Google‘s (NASDAQ:GOOG) Android system which made up 19.73% of mobile browsing. iOS devices represented 53% of mobile browsing and Android accounted for 15.98%, in August of last year. The gains for Apple and Android came at the expense of Research in Motion’s (NASDAQ:RIMM) BlackBerry and Nokia‘s (NYSE:NOK) Symbian platforms, which are shrinking steadily.
No Apple Television With Retina Display for Now: Retina displays may look great on iPads and MacBook Pro’s, but don’t count on seeing one on the Apple-branded TV set when it appears, according to Forbes. At current display prices, a Retina display for the company’s widely-expected 50-inch TV set would push the device’s price above $25,000, according to analysts. Even die-hard Apple fans are unlikely to pay that much for a TV set, even one bearing the Apple logo. That could change in five to seven years as the technology improves, the analyst noted.
For more about the company, check out our previous Apple Rumors stories.