Here are your Apple rumors and AAPL news items for today:
Coming Soon: Apple (NASDAQ:AAPL) will double the available RAM in updated versions of its Mac Mini and iMac desktop computers, 9to5Mac notes. Current iMacs come with four, 4GB RAM slots for a maximum memory allotment of 16GB. The company will increase that to a potential total of 32GB in new iMac models that could be released as early as next week. New iMacs will offer RAM in 8GB chips, something Apple has not offered previously. Updated Mac Minis will see their maximum memory increased from 8GB to 16GB. Inventories of the new iMacs and Mac Minis are reportedly being assembled so that the computers will hit stores shortly after they are announced. Apple has scheduled a special media event for October 23, at which it is widely expected to announce a new iPad featuring a 7.85-inch display. Rumors have suggested that the company will also use the event to unveil a 13-inch Retina MacBook Pro and possibly an updated 21-inch iMac and Mac Mini.
Sales Harbinger: A Piper Jaffray (NYSE:PJC) says that Verizon‘s (NYSE:VZ) third-quarter results suggest that Apple may have sold more iPhones than anticipated during the quarter, AppleInsider notes. Verizon activated 3.1 million iPhones in the third quarter, up 15% compared to the second quarter. Of those, 650,000 were iPhone 5 units, which only became available in the last weeks of the quarter. Munster has estimated a 4% decline in iPhone sales for the third quarter, from the prior quarter, assuming that consumers were holding off purchases in anticipation of the next generation iPhone’s debut. He reiterated his forecast that Apple sold 25 million iPhones during the third quarter. Apple will announce its quarterly results on October 25.
Team Purchase: Apple will purchase the engineering team of social video start-up Color, but not the company, AllThingsD says. Sources indicated that Apple will pay between $2 million and $5 million to acquire the company’s staff of about 20. The deal does not include any patents, debts or technology owned by Color. The Color team will be deployed to develop Apple’s cloud technology. While Color, financed by Sequoia Capital and Bain Capital, still has about $25 million in assets, the start-up will be closed down. Color recently made a deal to provide Verizon with a live-video platform for smartphones running Google‘s (NASDAQ:GOOG) Android operating system.
For more about the company, check out our previous Apple Rumors stories.