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The ridiculously simple con that allowed a fraudster to take Apple for $309k

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You wouldn’t think it would be easy to use a debit card on a closed account to scam an Apple Store out of around $7200’s worth of kit, but that’s what a 24-year-old fraudster is alleged to have done not just once but a total of 42 times – netting a total haul worth $309,768.

The Tampa Bay Times reports that the East Tampa resident Sharron Parrish used an absurdly simple method to persuade Apple Store staff to override payment terminals after his transactions were declined … 
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Apple’s retail head Angela Ahrendts has stock withheld for tax purposes (Updated)

Burberry Group Plc CEO Angela Ahrendts At The London Stock Exchange

SEC filings show that Angela Ahrendts had half of her first allocation of AAPL stock withheld on 1st June – the day it vested, and just one month after joining the company – reports ComputerWorld.

According to a filing with the U.S. Securities and Exchange Commission (SEC), Ahrendts received 16,264 shares in Apple stock when it vested June 1 […]

Ahrendts sold 8,331 shares that same day for a pre-tax total of $5,273,523.

The full value of her stock, which is likely to vest (become eligible for sale) over several years, will add up to $78.5M at the current share price. Her total compensation in her final year as CEO of Burberry was $4.4M – though she did also get a clothing allowance of $42,000 and a car allowance of $30,000 (only at a fashion company could you get more to spend on clothes than a car …).

Selling half your stock at the very first opportunity doesn’t seem to send the best of signals a month into the role, but I guess she needs to buy a house out in the Valley and those aren’t exactly cheap right now.

The withholding of the shares came just over a week before a 7-to-1 stock split, on Monday. The stock split should make AAPL shares more attractive to smaller investors, a shift that could make the share price more volatile.

Via Fortune

Update: These shares were withheld for tax purposes by Apple not sold on the open market

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Mac users four times more likely to run latest OS than Windows users

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Some sums done by ComputerWorld show that Mac users are four times more likely to upgrade to the latest available version of the operating system than Windows users.

Microsoft has convinced just 11.6 percent of Windows users who acquired their system since 2001 and still actively use it to go online to migrate to the current edition of its operating system […]

Apple’s convinced 41.6 percent of Mac users who acquired their system since 2001 and still actively use them online to adopt the current edition of the OS.

A large part of it is cost, of course: Mavericks was a free upgrade, and previous upgrades have been priced far more competitively than Windows.

But Apple has also offered a simpler upgrade path, adding features rather than making major changes to the core user-interface. OS X also operates more efficiently, allowing Mavericks to run well on far older hardware than is the case for Windows 8.

Microsoft raises prices on Microsoft Office for Mac, no one notices

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According to Computerworld, Microsoft raised its pricing on Office for Mac 2011 during its Office 365 event last month by as much as 17 percent and stopped selling multi-license packages of the application suite. The move is likely to drive customers to its Office 365 program for PC/Mac that is $99 a year for a family.

The move puts Office for Mac 2011 on the same pricing schedule as the new Office 2013 for Windows. The price increases and the disappearance of the multi-license bundles also makes Microsoft’s Office 365, a software-by-subscription deal the company has aggressively pushed, more competitive with traditional “perpetual” licenses.

It’s not clear when Microsoft raised prices. The oldest search engine cache Computerworld found with the new prices was Feb. 2, so the company boosted them before then, likely on Jan. 29, the day it launched Office 2013 and Office 365 Home Premium. Microsoft did not mention the changes to Office for Mac in its press releases that day, or otherwise publicize the move on its Mac-specific website.

Indeed, Apple now offers Office for Student/Professional for $140/230Amazon still says it is $119 but notes that Office 2011 is an older version and the newer version that includes a key card is $139 marked down to $131 with a new SKU. You can still buy the multi-user packs at significant discount, but those likely are only while supplies last.
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Apple in court: iPhone data collection, Samsung/iPad patent case, & double iTunes billing

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When we reported on Apple’s courtroom woes in March, we told you lawmakers were sending letters to iOS devs (Apple included) and questioning them on their privacy policies about how apps access contact data without explicit user permission. Despite promises, Apple has yet to carry out an update requiring apps to ask for user-approval, but an earlier case over the collection of user data has been given the green light by U.S. District Judge Lucy Koh in California. Reuters reported the lawyers representing customers in the case claimed in court today that Apple “collected data on customers’ geographical locations even after users said they didn’t want to share the information.” The judge is asking Apple to submit relevant documents to the plaintiffs by May 17.

In other courtroom news, ComputerWorld reported this week that Judge Koh ordered Apple and Samsung to “streamline” its patent claims ahead of a trial set for July 30. According to the report, the companies have already cut back the claims included in the case to 37 products, 16 patents, six trademark, five trade dress claims, and an antitrust suit, but Judge Koh said the extent of the case is “cruel and unusual punishment to a jury.” If Apple and Samsung do not agree to reduce the set of claims, the trial could be postponed until next year. The news comes after the companies agreed with Koh to have their CEOs meet for settlement talks related to the patent cases on May 21-22.

Justia.com reported this week that Apple is facing a class-action lawsuit over claims that iTunes is continually double billing a customer for downloads of a song. Apple apparently refuses to refund some customers for these double billing incidents, citing its Terms of Service. A copy of the lawsuit and more information on the class action is here.


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