iPhone sales led to 5% increase in AAPL. AAPL, the symbol by which Apple stocks were traded on the stock market, soared. This was after Apple reported higher-than-expected quarterly results.

The pressure is on for Apple to launch new products. Several analysts pointed out that Apple needed to launch new products soon. Now, investors were also becoming concerned about the tech giant's status in the long term.

Apple's rebirth was expected to begin later this year amidst the growing worries of shareholders who were all anticipating for a boost.

Analysts commented on their take on Apple's June quarter results. Apple revealed its results for the June quarter. Traders were pleased with the report even though the result was mixed.

According to IDC, there were seven countries where Windows Phone outsold the iPhone. The Head of Public Relations at Microsoft, Frank Shaw, published a blog which tallied the progress of Microsoft.

Analysts said that Apple's September quarter forecast would give hints at next iPhone's release date.

Documents leaked regarding an alleged low cost smartphone by Apple. The rumor mill keeps on spinning. Yesterday, speculations about the iWatch got Apple fanatics all over the world hyped up.

Phone snatching reports have increased in major cities such as London, San Francisco and New York. Increased incidents of phone snatching and thievery in key cities of London, New York and San Francisco prompted the cities' officials to pressure Apple to create a "kill switch".

LG Display Co., Apple's screen display provider, announced today that it will expand its client base.

Sales of the iPhone 5 are not doing well in India, losing to closest rival Samsung and local brands.