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The slump in Apple Inc's share price from its September high has badly dented the returns of hundreds of mutual funds that had maintained outsized holdings of the stock. But some went sour on the iPhone-maker just in time.

This morning Apple has revealed iOS 6.1 for their most modern mobile device lineup, this download and upgrade available over-the-air for all iPhone, iPad, and iPod touch models currently carrying iOS 6.0. This upgrade includes several updates to the system including, first of all, LTE support for a brand new set of carriers for the iPhone 5 (and perhaps the iPad lineup as well), a full list of which you can find on Apple’s iPhone 5 carrier page. Next you’ll find iTunes Match compatibility with individual song downloads from iCloud – you’ve never had that before, believe it or not!

Exxon Mobil briefly overtook Apple as the largest U.S. publicly traded company by market value on Friday as shares of the technology giant continued to fall.

Apple Inc missed revenue expectations for the third straight quarter after sales of its flagship iPhone came in below Wall Street's targets, driving its shares down 6 percent.

Phil Schiller, Apple’s SVP of Global Marketing, said in an interview to a Chinese newspaper that “cheap smart phones will not be developed in order to grab market share away”. There have been a number of analysts, especially over the past few days, and the Wall Street Journal who have speculated that Apple will come out with a lower priced iPhone in potentially a smaller format.

Revenue at Barnes & Noble stores fell 10.9% during the holidays, as sales of Nook devices slipped, a sign that the retailer is falling behind in the tablet battle with Amazon, Apple and Google.

Developers told the Next Web that they’re seeing some activity on their user logs that indicate Apple may be testing its next-generation smartphone and mobile operating system. According to a Monday report, some app developers have logged activity from a device called the “iPhone 6,1” that also appears to be running a new mobile operating system.

Masked and armed robbers used the New Year's Eve revelry as cover to rob the flagship Apple store in Paris.

Apple Inc CEO Tim Cook's 2012 compensation package of just over $4 million is a huge cut on paper for the top executive of the most valuable U.S. corporation, after a 2011 package fattened by more than $376 million in long-term stock awards.

Motorola engineers working on a handset to be released next year, that parent Google hopes will provide more potent competition for devices like Apple's iPhone and Samsung's Galaxy phones.