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Gurman: New iPads Likely to Launch During Second Week of May

Apple will likely launch new iPad Pro and iPad Air models during the first week of May, according to Bloomberg's Mark Gurman. "For those...

Apple agreed to pay up to $14.4 million (CAD) to settle a class action lawsuit in Canada that alleged the company secretly throttled the performance of some iPhone models ("batterygate"), and eligible customers can now submit a claim for payment. Apple's settlement received court approval on March 4, and the claims period began today, according to law firm Rochon Genova LLP. Apple's CEO Tim Cook this week sold 196,410 shares of the company's stock, which had a total value of approximately $33.2 million based on the average sale price of the transactions, according to a U.S. Securities and Exchange Commission filing.

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