Here are your Apple rumors and AAPL news items for today:
Unload That Old iPhone: With its next generation iPhone widely expected to be unveiled next month, Apple (NASDAQ:AAPL) will purchase existing iPhone 4S models, Macworld notes. The company will pay about $285 for a 16GB iPhone 4S and as much as $345 for a white 64GB model — provided the phone is in good condition. But users who sell Apple their old phones won’t get cash. Instead, they will receive a gift card for the amount that can be used — where else? — at Apple Stores. Wireless carriers, including Sprint (NYSE:S), Verizon (NYSE:VZ) and AT&T (NYSE:T), are also promoting buyback programs for the iPhone 4S, hoping to persuade consumers to upgrade to the new iPhone when it debuts. Buyback prices are likely to remain high until the new iPhone is revealed, after which they typically fall.
Apple History on the Block: An Apple-1 computer will be auctioned off at Christie’s London auction house on October 9, PC Magazine reports. Only 200 Apple-1’s were built by the company, each assembled by hand. The machine — which came with 8K of memory — was designed and assembled by Apple co-founder Steve Wozniak. When it originally hit the market, the Apple-1 retailed for $666.66. That’s a bargain compared to the $127,000 it is expected to sell for at auction. With Apple’s share price soaring and a new iPhone to be unveiled next month, collectors are snapping up company memorabilia for increasing prices. In June, an Apple-1 motherboard was auctioned at Sotheby’s for $374,500.
No UAV Tracking: Apple has rejected an iPhone app that would notify users whenever news sources indicate that a U.S. drone has killed people with a missile strike, Wired notes. The app, called Drones+, has been rejected for placement in the App Store three times, with Apple citing a variety of reasons for its exclusion ranging from terming it “not useful” to describing its content as “objectionable and crude.” The apps developer says Drones+ doesn’t show images of the drone strikes. It simply uses the data from Britain’s Bureau of Investigative Journalism to post alerts of deadly drone strikes and note the location on a map. The U.S. has employed unmanned aerial vehicles (UAVs) equipped with missiles to carryout military operations against suspected terrorist groups in Afghanistan, Somalia and Pakistan.
For more about the company, check out our previous Apple Rumors stories.
