AT&T to Raise Price of Grandfathered Unlimited Plans From $30 to $35

AT&T will raise the price of its grandfathered unlimited data plans from $30 to $35 in February of 2016, reports CNBC. The upcoming rate change is detailed on a page on AT&T’s website and is the first price hike the unlimited plan has seen in seven years.

Though AT&T no longer offers unlimited data plans to customers, a small number of customers continue to hold unlimited data plans that were purchased before AT&T discontinued them in 2010. AT&T’s current $30 unlimited data plan allows customers to use an unlimited amount of data, but AT&T does throttle with excessive data usage.

As of February 16, the $30 price tag, which is in addition to voice costs, will rise to $35. The price hike comes just a couple of months after AT&T announced changes to its throttling practices. AT&T previously throttled customers on congested networks after 5GB of LTE data usage, but that cap was increased to 22GB in September, making unlimited plans more valuable.

AT&T plans to notify customers who will be impacted by the price increase. Customers who wish to cancel their wireless service because of the pricing increase will have early termination fees waived for affected lines. Price changes will take effect during each customer’s February billing period.

Tag: AT&T
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Apple encouraged by growing revenues in China

China’s rising middle class has been good for Apple and the iPhone. CEO Tim Cook said iPhone sales in the world’s largest smartphone market has risen 112 percent over the last year. Cook reported the China earnings during Apple’s third-quarter conference call as the company gets to set to release an earnings report Tuesday afternoon […]

(via Cult of Mac – Tech and culture through an Apple lens)


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Apple Watch is ‘phenomenal’ but not a threat, says TAG Heuer CEO

Swiss watchmakers have been tripping over themselves to dismiss the Apple Watch as a threat, but TAG Heuer CEO Jean-Claude Biver has come out with what I think is one of the fairer assessments of Apple’s debut wearable device to date. His take? That the Apple Watch is hella bad news if you’re a low-priced […]

(via Cult of Mac – Tech and culture through an Apple lens)


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Carl Icahn Still Believes in Apple HDTV as AAPL’s Market Share Surpasses $750 Billion [iOS Blog]

Activist investor and billionaire Carl Icahn, during an interview with CNBC today, expressed confusion over The Wall Street Journal‘s recent report claiming that Apple scrapped its plans for a full television set more than a year ago. Icahn and his investment firm Icahn Enterprises remain confident that Apple will enter the television and automotive spaces, even as analyst Gene Munster admits he was wrong.

Icahn issued an open letter to Apple CEO Tim Cook on Monday in which he applauded the company for recently increasing its share repurchase authorization by $50 billion, and encouraged further acceleration of the stock buyback program. Icahn also valued Apple shares at $240 each and said the company will sell 55” and 65” ultra HDTVs in 2016 and introduce an Apple-branded car by 2020.

„After many years of rumors as part of Apple’s push into television and as we referenced previously, we expect in FY 2016 Apple will sell 55” and 65” ultra high definition television sets,“ said Icahn in his open letter. „We forecast revenues of $15 billion in FY 2016 and $37.5 billion in FY 2017 on 10 million and 25 million units respectively with average selling prices of $1,500.“

The open letter also predicts that the iPhone will experience modest 2.3% revenue growth in the 2016 fiscal year, the iPad will rebound with a strong performance and revenue growth of 27.7% in FY 2016 and the Mac will continue to make gains over the next year. Icahn Enterprises predicts 10 million Apple Watch sales in the second half of 2015 and international expansion of Apple Pay.

Apple shares are currently trading at just over $130 as of publication time, giving the company a market capitalization of over $753 billion. In the past twenty-four hours, Apple surpassed the $750 billion market cap milestone for the first time as AAPL shares have risen following the open letter. Icahn himself has earned about $3.4 billion since announcing his position in the company in August 2013.





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Universal Pictures to Release Steve Jobs Movie on October 9 [Mac Blog]

Universal Pictures will release the long-anticipated Steve Jobs movie on October 9, according to CNBC. The upcoming biopic, based on Walter Isaacson’s official biography of the late Apple co-founder, is directed by Danny Boyle and stars Michael Fassbender as Steve Jobs and Seth Rogen as Steve Wozniak. Universal took over the film in November.

The filming of the movie began last month in the garage of Steve Jobs’ childhood home, and will reportedly also take place at two auditoriums and a restaurant in the area. The movie will be focused upon three main scenes, including the unveiling of the NeXT computer, the debut of the original Mac, and the introduction of the iPod.

Steve Jobs co-founded Apple alongside Steve Wozniak and Ronald Wayne in 1976, remaining with the company until the board of directors ousted him in favor of then-CEO John Sculley in 1985. Jobs founded NeXT Computer the same year and would end up back with Apple in 1997 when the Cupertino-based company acquired NeXT for $427 million. Jobs then led Apple to become the world’s largest tech company, overseeing the launch of the iPod, iPhone and iPad. Jobs passed away in late 2011 after a lengthy battle with pancreatic cancer.




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Apple to Build $2B ‘Global Command Center’ in Former GT Advanced Plant

Apple plans to take over the Mesa, Arizona factory where GT Advanced was formerly producing sapphire boules, transforming the facility into a massive $2 billion data center, reports CNBC. The data center will reportedly act as a „command center“ for Apple’s global data network.

According to Arizona Governor Doug Ducey, the center will house 150 full-time Apple employees and its construction at the 1.3 million square foot facility will create 300 to 500 additional jobs.

In a statement, Apple called the investment one of the largest it had ever made and pledged that the facility would run on 100 percent renewable energy like the company’s other data centers.

„This multibillion-dollar project is one of the largest investments we’ve ever made, and when completed it will add over 600 engineering and construction jobs to the more than one million jobs Apple has already created in the U.S. Like all Apple data centers, it will be powered by 100 percent renewable energy, much of which will come from a new local solar farm,“ Apple said in a statement on the project.

After GT Advanced filed for bankruptcy and abandoned the Mesa, Arizona plant, there were questions about what Apple would do with the facility. GT Advanced’s closure caused a massive loss of jobs in Mesa, but Apple pledged to find a way to repurpose the location and preserve jobs in the city.

Image courtesy of AZCentral




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Mega-investor Carl Icahn says buying AAPL is a “no-brainer”

Apple just had a killer quarter. In fact, it was the most profitable quarter for any company in history. As such, Apple stock is up 5% since Wednesday trading. But has Apple peaked? Not according to legendary investor Carl Icahn,…Read more ›



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