AWT News Update: July 28, 2016

After Apple's Tuesday earnings surprise, things have quieted down a bit but we still have some news from and about the company to share with you:

  • Bond, Apple Bond. The company's selling bonds to raise funds for its stock buyback program
  • Apple's Ivan Krstic will be a speaker at this year's Black Hat USA in Las Vegas on August 4
  • Bluetooth headphones have overtaken wired 'phones for the first time, and Apple's benefitting from the change
  • Be sure to enter our giveaway of a brand new Apple 12-inch Retina Display MacBook!
  • Join Team AWT for special content, as well as a members-only giveaway next week

The text version of the podcast can be read below. To listen to the podcast here, click the play button on the player below.

Text Version

Hi, this is Steve Sande for Apple World Today, and this is the AWT News Update for July 28, 2016.

Apple is taking advantage of low interest rates and an upcoming bond sale to US investors to raise $7 billion to support the company’s stock buyback program. The Financial Times says that the bond sale is three times oversubscribed, and will be divided into five parts. Goldman Sachs, Bank of America Merrill Lynch, Deutsche Bank Securities and J.P. Morgan will share management duties for the sales as they have in the past.

Do you attend the Black Hat USA security conference in Las Vegas? This year, Apple’s head of Security Engineering and Architecture Ivan Krstic will be giving a talk about iOS security, including details of new technology to be unveiled as part of iOS 10. Apple says that Krstic plans to discuss the “cryptographic design and implementation of our novel secure synchronization fabric” with detail on how it relates to HomeKit, iOS 10’s Auto Unlock, and iCloud Keychain. During the briefing, Krstic will also shine a little light on the Secure Enclave of Touch ID devices, and how the company plans to make Safari’s Just-in-Time compiler harder to hack. The talk will be held on August 4 at Black Hat USA.

You know how there has been so much hue and cry about the alleged lack of a headphone port in the next iPhone? Well, NPD Group’s Retail Tracking Service discovered that Bluetooth headphone revenue was greater than that for non-Bluetooth for the first time in June of 2016. Bluetooth headphones accounted for 54 percent of headphone dollar sales and 17 percent of unit sales in the US. Who are the two companies making the most of the boom in Bluetooth headphones? Apple’s Beats and LG account for 65 percent of dollar sales.

Just a reminder — today and tomorrow are the last two days that you can enter our giveaway for a brand new Apple 12-inch Retina Display MacBook. The giveaway is being done in cooperation with StackCommerce, the company that runs our Deals Shop, and all it takes to be entered is to follow this link. That MacBook is valued at $1,299, and would be perfect for back-to-school.

If you’re not a member of Team AWT yet, we have a reason for you to sign up today. Apple World Today will be announcing a giveaway this week of a Drobo 5Dt RAID array with five 2TB drives. This is a super fast RAID box with twin Thunderbolt 2 ports, 128GB of SSD cache, and it’s expandable as drive capacities grow. The giveaway will be announced soon and the prize is worth almost $1200. Join Team AWT for just $5 per month and you’ll be eligible not only to receive all of the extras that come along with membership, but get into this giveaway.

That’s all for today; We’ll be back tomorrow afternoon with another edition of the AWT News Update.