Apple Reportedly Building ‘World’s Largest’ Apple Store in Dubai, United Arab Emirates

Last week, Apple posted retail job listings for a future retail store to be located in the United Arab Emirates, hinting that the company will soon open its first store in the Middle East. Now, Middle East website EDGARDaily.com reports that the store will be located at Dubai’s Mall of the Emirates, and will be Apple’s biggest retail location to date.

Dubai’s Mall of the Emirates

Our undisclosed source said that the store – which will be the biggest Apple has ever built – was originally planned to replace the current cinema complex. The timing of the recent job adverts suggest the store could have a planned opening for the first quarter of 2015.

Dubai’s Mall of the Emirates originally opened in September 2005 and boasts more than 700 stores and services over 2.4 million square feet, making it a desirable location for Apple to open a store. In February, Apple CEO Tim Cook was spotted visiting the country, posing for photos at Apple resellers and meeting with UAE Prime Minister Shaikh Mohammed bin Rashid Al Maktoum. While the purpose of his visit was unknown, it is likely that Cook may have been meeting with officials to discuss growth opportunities for Apple in the region.

MacRumors did receive a tip last year claiming that Apple was planning to open its biggest retail store in the world, however that source claimed that it would be located at The Galleria in Sowwah Square in Abu Dhabi. Based on hiring schedules, it is possible that the Apple Store at the Mall of the Emirates could open in February 2015.




Parallels Desktop 10 with OS X Yosemite and iCloud Drive Support Launches for Existing Customers

Parallels today announced the launch of Parallels Desktop 10 for Mac, the latest version of the company’s software for running alternate operating systems like Windows in virtual environments on the Mac. The new version is available today as an upgrade for existing customers, and it will launch on August 26 for new customers.

Parallels Desktop 10 offers a bevy of new features and enhancements, including OS X Yosemite support, iCloud Drive and iPhoto Library support and battery life and performance speed optimizations. The main new features of Desktop 10 include:

- Mac OS X Yosemite integration, iPhone calling integration, iCloud Drive and iPhoto Library support
– Now with one click users can select from a number of choices to optimize their virtual machine based on what their primary usage is: productivity, games, design or development.
– The new Parallels Control Center is a one-stop-shop for managing Parallels Desktop; it allows users to manage all their virtual machines and configuration settings from a single place.
– Users can share files, text or web pages from Windows using Internet accounts configured on their Mac such as Twitter, Facebook, Vimeo, Flickr; or send them via email, AirDrop and Messages.
– Users can drag and drop files to Mac OS X virtual machines.
– Users can now open Windows documents up to 48 percent faster.
– Battery life is now extended by up to 30 percent, giving people additional work time when they need it most.

Upgrade pricing for users of Parallels Desktop 8 or 9 is $49.99, while standard retail pricing is set at $79.99 for regular users and $39.99 for students. Parallels Desktop 10 customers also receive a free three-month subscription to Parallels Access that allows Windows and Mac users to use their machines from their iPads.




Apple Updates Final Cut Pro, Compressor With Reliability Improvements, Bug Fixes [Mac Blog]

fcpApple today updated its professional video editing software Final Cut Pro to version 10.1.3, adding reliability improvements and fixing several bugs. An issue that caused instability when burning a Blu-ray Disc has been fixed, and color corrections pasted between clips are now retained during Share.

The reliability of automatic library backups has been improved, as has the stability of the software when skimming growing files in the browser. A full list of changes can be found below:

What’s new

– Fixes reliability issues when burning a Blu-ray Disc or creating a Blu-ray disk image
– Color corrections pasted between clips are retained during Share
– Effects applied to clips in the Browser in prior versions of the app are retained when adding those clips to the timeline
– XML round-trip imports correctly when using gap clips
– Improves reliability of automatic library backups
– Improves stability when skimming growing files in the Browser

Today’s minor Final Cut Pro update follows a June update that added a range of new features and improvements. Apple has also updated Compressor to version 4.1.3, fixing several bugs and improving the app’s performance.

What’s new
– Support for Apple ProRes 4444 XQ
– Status display and improved responsiveness when using “Send to Compressor” from Final Cut Pro X and Motion
– Improved performance and color accuracy when encoding H.264 source files from GoPro cameras
– Fixes issues transcoding alpha channels in image sequences
– Includes general stability improvements

Final Cut Pro can be downloaded from the Mac App Store for $299. [Direct Link]

Compressor can be downloaded from the Mac App Store for $49.99. [Direct Link]






Apple’s Share Price Hits $100 for the First Time Since June Stock Split

Apple today saw its stock hit the $100 mark for the first time since its seven-for-one split that took place in early June. Following the split, Apple was trading at roughly $92 a share, but since that time the stock has trended upward until hitting the $100 mark today.

aapl_100
The company is also very close to an all-time high stock price, accounting for the stock split. Apple’s all-time intraday high was set on September 21, 2012 at $100.72 ($705.07 on a pre-split basis), and the all-time high closing price was set just a few days earlier on September 19 at $100.30 ($702.10 pre-split).

Even as Apple sits at almost record high share prices, the company is not ready to set a new high for overall market capitalization, which is calculated as the share price multiplied by the number of shares available. That is due to Apple’s aggressive stock buyback program that has seen the company reduce its share count by almost 600 million over the past two years.

The move is intended to boost value to investors by reducing share supplies while also putting to use some of Apple’s vast cash holdings. Much of the share repurchase program is, however, being financed by low-interest debt, as the majority of Apple’s cash is currently held overseas, and it would be considerably more expensive for Apple to pay required taxes on that cash to bring it home for domestic uses than to simply pay for the repurchase program out of its ongoing domestic earnings over time where tax is already being paid.

The repurchase program has also signaled to investors that Apple has believed its stock to be undervalued, demonstrating the company sees purchasing its own stock as a better use of cash than other investment opportunities. And finally, reducing share counts also eliminates future dividend payments that would have been made on those now-retired shares, providing an additional financial benefit to the company.




Apple Seeds iOS 8 Beta 6 to Carrier Testing Partners, but Not Broader Developer Community

While Apple released a sixth developer preview of OS X Yosemite yesterday, a corresponding sixth beta of iOS 8 was not provided to developers at the same time. As a result, the company’s iOS beta 5 released earlier this month may turn out to be the final build seeded to developers before the golden master release.

Though developers may not see another beta version, a new report from BGR claims Apple has released a sixth iOS 8 beta to its testing partners. The release would explain conflicting rumors as to whether there would be a sixth beta version if this version is made available only to carriers and other partners for testing rather than the broader developer community.

ios8
According to BGR, this beta 6 version of iOS 8 is being released only to testing partners and will not be seeded to developers for testing because the timing is so close to the golden master build. The build change log obtained by BGR is as follows:

OTA Software Update Paths
Carrier Builds
Not Available
User Builds
Not Available

Issues fixed since Seed 5

Baseband & Telephony
Fixed an issue where incorrect pop up message was displayed when SIM was removed
Fixed an issue where clicking on cancel button turned LTE on
Fixed an issue where excessive registration was tried with dual IMSI SIM

Continuity
Fixed an occasional mail continuity failure from OS X to iOS
Fixed an issue causing continuity to fail after opening control center

FaceTime
Fixed an occasional problem where MT call connection quality would be incorrectly treated as “poor”

GameCenter
Fixed an issue where the active photo cannot be deleted

iCloud
Fixed a problem where document sync would sometimes consume excessive cellular data

iTunes Store
URLs for the store app are no longer broken in received mail
Fixed a problem with excessive prompts to sign in to the iTunes Store

Keyboard
Fixed an intermittent issue keyword shifting when rotating the screen
Fixed an issue where the emoji keyboard was unusable on Safari

Mail
Notes are no longer duplicated when opened through Gmail
Fixed an issue where after withdrawing a draft with attachments, browsing to another message resulted in the attachments getting lost
Fixed an issue where forwarding an email without a photo attachment still sends a photo
Fixed an issue when forwarding an email with an attached photo just brought up the original message without a photo
Fixed an issue where email could be deleted from the lock screen without prompting for a passcode

Maps
Fixed a problem where maps would sometimes consume excessive cellular data

Messages
Added support for SMS relay opt-in prompt
Fixed issue that caused devices to receive SMS via relay for unselected aliases
Fixed failures sending current location via MMS
Fixed an issue where messages partially overlap Chinese keyboards
Fixed an issue where changing a group name didn’t propagate to other devices until a message is sent

Phone
Fixed an issue where an incoming call was being relayed back to originating phone
Fixed an issue where options on declining a call didn’t work with call relay

Photos
Fixed an issue where edited photos did not display properly after restoring from backup
Improved full screen photo sharing
Set default to keep all photos on device for users with 5GB iCloud space
Fixed an issue where a user could not select multiple photos and upload to Facebook via Safari

Push Notifications
Improved push connection management upon account logout with multiple associated devices
Fixed a problem where Exchange push notifications would stop after responding to an invitation from the lock screen
Fixed an issue where a user does not receive a notification for incoming messages when the banner for the previous one is pulled down

Springboard
Fixed an issue unlocking an iPhone while on an active call
Fixed an issue where the keyboard would sometimes become unresponsive when the screen is locked

Visual Voicemail
Fixed an issue where Voicemail could not be played under certain error conditions
Fixed an issue where Phone App hanged when tried to check Voicemail

Testing partners with iOS beta 6 must approve the version by September 5, ahead of the final iOS 8 preview and the introduction of the iPhone 6 on September 9. A public release of iOS 8 for current devices will likely come roughly a week later, just a few days before the launch of the iPhone 6 in the first wave of markets.

According to BGR‘s sources, Apple may still have some work to do, as this build allegedly has already been rejected for an issue with YouTube playback in Safari.