Apple to announce iPhone 5 on September 7th

It is being reported that Apple will be holding a media event on September 7th to announce a new product.  Since Apple usually uses its March/April, June, and September events to reveal its new models it makes sense that the next gen iPhone will be unveiled.  The September event is usually used for iPod announcements but this year it seems to be double the goodness.

Apple is now the most valuable company in the world.

While most companies have been getting trashed in the stock market, Apple remains stable: in fact, it’s now ranked as the most valuable company in the whole wide world.  According to analysts, Apple’s market valuation reached $341.55 billion today, while the previous most valuable company, ExxonMobil, now ranks #2, currently valued at $341.42 billion.  This shouldn’t come as a surprise. Back in 2008, when markets were in turmoil, Apple took much less of a hit than other companies, including financial institutions.  The same strength was maintained throughout the recession, when while most companies of its size were shedding jobs and scaling back their investments, Apple was able to reach record earnings several times.  How important is this new figure?  There’s the possibility that just this number might cause a new wave of investment in the company, which should substantially drive up its stock price.  Before the 2008 market dip, Apple’s stock was valued at just under $180, yet it’s currently valued at over twice that amount, at nearly $366.  As we head towards a possible second dip, could Apple be one of the only safe investments?

iOS 5 Beta 6 on the way!

Beta 5 was released just a short while ago but sources for 9to5max are already sighting a release date for beta 6 as Wednesday, August 17th.  A few developers say that they have hacked the OTA update date code for iOS and deciphered the release date as a result.

iOS 5 Beta 5 Released

Developers have been given the gift of Beta 5 of Apple's much anticipated iOS 5.  The update includes various bug fixes and  a Hearing Aid Mode designed to improve compatibility between iOS devices and hearing aids.  It also includes a new speech recognition feature believed to be called Apple "Assistant," which will combine on-device and cloud processing to recognize natural-speech instructions and be able to use various data sources to present the best set of results.  This function has not been activated in the software yet as it is believed that Apple has not yet reached an agreement with Nuance.  Developers can download iOS 5 beta from the Apple Dev Center.  To see the full change log click here.

Download OS X Lion 10.7.2 Build 11C35 Beta

Today Apple seeded a new build of OS X Lion 10.7.2 to developers. Included is a new version of iCloud, Safari and a new build for Lion itself (11C35) which is needed for the change to iCloud from MobileMe.
If you want to update, first run reversioner and then install the updated seed without restarting your system. Only restart after installing the new build.

Changelog:

"This pre-release version of OS X Lion 10.7.2 is being provided solely for testing iCloud and updates the public release of OS X Lion and any earlier seed of OS X Lion 10.7.2. If you installed a previous seed of OS X Lion 10.7.2, please run the included reversioner package followed by the OS X Lion 10.7.2 update without restarting your system. You should restart your system after installing the OS X Lion 10.7.2 Update. (Mac Developer Program membership is required)" 

Please note that the Betas are available for developers only and can be downloaded from the Apple Dev Center.