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Multiple sources have been cited in this report, claiming Apple is engaged in acquisition talks with Waze, a popular crowdsourced GPS app capable of providing turn-by-turn voice navigation. One pot hole in the road though is Waze's asking price of $750 million -- about $250 million more than Apple is willing to pay. Purportedly, Cupertino offered Waze $400 million up front with (up to) an additional $100 based on performance.
For anyone who's spent time searching for a no-strings attached GPS navigation app, chances are they've stumbled onto Waze. Currently, the app is freely available for both Android and iOS but it is unknown how such a deal would affect Waze and its users. Would it remain free? Would it remain available for Android? Would it even continue to exist?
Why would Apple considering buying Waze? The Mac-maker is most likely hoping to integrate Waze's features, superior International coverage and talent pool into its own mapping efforts. Since the ouster of Google from iOS Maps, critics have been vocal about the many issues plaguing Apple's own in-house map solution. Its problems were so apparent that Apple CEO Tim Cook felt he had to apologize; promising Maps would improve through future updates. Perhaps Waze is a strategic part of achieving that promise.
Although Apple's offer of $400 million plus up to $100 million falls substantially short of the company's supposed $750 million asking price, Waze only generated about $1 million in revenue last year.
For anyone looking for a free alternative to Apple's Maps on iOS, Waze and the recently released Google Maps are two very good options.
The iPhone 4S looks identical to last year's model but comes in a new 64GB flavor and upgrades the camera to include an 8-megapixel sensor with improved low-light performance and 1080p video capture. In terms of performance the new iPhone is reportedly up to 2x faster and is also capable of running on faster HSPA+ networks, reaching theoretical download speeds of up to 14.4Mbps.
The Apple iPhone 5 features a 4-inch display retains the same 326 PPI density as its predecessor with an effective resolution of 1,126 x 640, and a new Lightning connector. The new handset now features 802.11a/b/g/n Wi-Fi with 802.11n supporting dual-band 2.4GHz and 5GHz frequencies. Bluetooth 4.0 is back in addition to GPS and GLONASS for location services.
The Apple iPad (3rd-gen) includes a Retina Display operating at a resolution of 2,048 x 1,536. Powering the new iPad is a dual-core A5X processor with quad-core graphics, it also gets upgraded optics in the form of a 5MP backside illuminated sensor that features a 5-element lens, IR filter and ISP built into the A5X chip. Apple claims The new iPad is good for 10 hours of battery life and nine hours when using 4G LTE.
The iPad mini packs a dual-core A5 processor, dual-band 802.11a/b/g/n Wi-Fi, a FaceTime HD camera, 5-megapixel rear iSight camera with 1080p recording and an optional LTE radio. The Mini sports a 7.9-inch display and 1,024 x 768 resolution. Battery life is estimated at 10 hours.
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