1:11 PM Apple (AAPL -1.3%) roundup: 1) Bloomberg reports Jony Ive's team is "racing to finish iOS 7," expected to feature a major UI overhaul, in time for a preview at June's WWDC. This meshes with what John Gruber reported hearing a month ago. Bloomberg also reports Ive has "met with makers of gesture [recognition] technology." 2) Top Apple shareholder Fidelity Contrafund cut its stake by 12% in Q1; fund manager Will Danoff is worried about competition and margin pressure (previous). 3) Apple's collaboration with automakers has reportedly extended to creating in-car consoles that support iPhone docking and provide access to Maps/Siri. Read comments
AAPL price at time of publication: $437.17. Check AAPL price now »
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Focus Articles on AAPL
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Transcripts on AAPL
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