The MacTrast News Digest for February 7, 2014

The MacTrast News Digest for February 7, 2014

It’s finally Friday, and in today’s MacTrast News Digest, we have Apple buying back more pieces of itself, as well as buying a whole lot more Sapphire Glass making equipment, Tim Cook says be patient good stuff is on the way, there’s a possible March release for iOS 7.1, and Apple Stores in the 1970s? All this and more in the MacTrast News Digest for February 7, 2014.

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Apple Purchases Enough Furnaces to Make Up to 200M Sapphire 5-in iPhone Displays
GT Advanced – the company that has partnered with Apple to open a new sapphire manufacturing plant in Mesa, Arizona – has gotten their hands on a total of 518 sapphire furnace and chamber systems, and has another 420 machines on order.
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1980 Apple Stock Certificate

Apple Buys Back $14B Of Its Own Stock in Two Weeks – Still Open to Large Acquisitions
Apple has repurchased $14 billion of its own stock in the two weeks following its Q1 2014 earnings report. Apple CEO Tim Cook told WSJ that Apple wants to be “aggressive” and “opportunistic” with its repurchases following the 8% drop of Apple’s share price the day after the results were reported.
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Cheaper Lightning Accessories Could be on The Way As Apple Lowers MFi Licensing Fees
Apple has reportedly reduced the licensing fees for accessory manufacturers who produce authorized accessories for Apple’s iOS devices. This could signal reduced prices for Lightning cables and other accessories coming from third-party sources.
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Tim Cook To WSJ: Apple is Working on Some ‘Really Great Stuff’
CEO Tim Cook tells The Wall Street Journal that Apple will be launching products in new categories, and the company is working on “really great stuff.”
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What Would an Apple Store Have Looked Like in The ’70s?
What would an Apple Store have looked like in the 1970s? Would it have resembled a waterbed or a hot tub store? That’s the question that a report from CNET brings to mind.
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Walmart is Offering the 16GB iPad 2 for $299
While Apple’s iPad 2, first released in 2011, may be getting long in the tooth, it is still a perfectly acceptable choice for some users. With that in mind, Walmart is offering the 16GB model of the device for $299 in-store or online. The sale is set to run for thirty days.
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Report: Apple Planning March Release for iOS 7.1
A report today says that Apple is prepping iOS 7.1, the first significant update for Apple’s iOS since iOS 7, for a March release.
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