MacRumors

Earlier this month, Apple's head of security engineering Ivan Krstic gave a talk at the Black Hat Conference, an annual event designed for the global InfoSec community. During the event, Krstic spoke about Apple security and unveiled the company's new bug bounty program.

Krstic's briefing is now available in full on YouTube, shared this morning on the Black Hat YouTube channel in a video entitled "Behind the Scenes of iOS Security."


In the talk, Krstic covers three major iOS security mechanisms -- HomeKit, Auto Unlock, and iCloud Keychain -- in "unprecedented technical detail," along with other iOS security measures.

HomeKit, Auto Unlock and iCloud Keychain are three Apple technologies that handle exceptionally sensitive user data - controlling devices (including locks) in the user's home, the ability to unlock a user's Mac from an Apple Watch, and the user's passwords and credit card information, respectively. We will discuss the cryptographic design and implementation of our novel secure synchronization fabric which moves confidential data between devices without exposing it to Apple, while affording the user the ability to recover data in case of device loss.

Data Protection is the cryptographic system protecting user data on all iOS devices. We will discuss the Secure Enclave Processor present in iPhone 5S and later devices and explain how it enabled a new approach to Data Protection key derivation and brute force rate limiting within a small TCB, making no intermediate or derived keys available to the normal Application Processor.

Traditional browser-based vulnerabilities are becoming harder to exploit due to increasingly sophisticated mitigation techniques. We will discuss a unique JIT hardening mechanism in iOS 10 that makes the iOS Safari JIT a more difficult target.

The most notable moment of Krstic's briefing features the unveiling of Apple's first ever bug bounty program, which will see the company paying out up to $200,000 to researchers who discover vulnerabilities in Apple software. Apple's bug bounty program, initially limited to a few dozen researchers, launches this September.

Apple has signed some kind of music agreement with Cash Money Records and its co-founder rapper Birdman, marking its first exclusivity deal with a full record label instead of individual artists, reports MusicBusinessWorldwide.

Apple Music head of content Larry Jackson and Birdman himself both confirmed the deal through Instagram posts, with Jackson calling Birdman a "tough negotiator." Details on the deal were not provided, so it is unclear what exactly it might entail.

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Cash Money Records represents popular, well-known artists that include Drake, Young Money, Lil Wayne, and Nicki Minaj, suggesting the deal could result in future agreements that will see content from artists signed under Cash Money Records available exclusively on Apple Music. MusicBusinessWorldwide speculates that the deal could involve exclusive releases or co-created content.

Apple may well have stumped up a big cheque to make it happen, potentially alongside some promotional guarantees regarding both iTunes and Apple Music itself.

One possible option: Apple paid out a weighty advance to Cash Money, at least some of which will be recouped from the label's future Apple Music/iTunes income.

Another: the two parties are co-creating content, whether music or video, which will remain exclusive to Apple.

Apple has worked with closely with Cash Money Records artist Drake in the past, and his latest album, "Views," was an Apple Music exclusive for a week when it launched in April. Drake also appeared at the Worldwide Developers Conference where Apple Music was introduced, and Apple produced the music video for "Energy" using its in-house production team.

Apple executives see exclusive and original content as a way to drive subscribers to Apple Music and they have worked hard to establish deals with artists like Britney Spears, Taylor Swift, and Katy Perry over the course of the last few months. Since its launch in June of 2015, Apple Music has seen steady growth, and as of June 2016, the service has more than 15 million paying subscribers.

Update: According to Bloomberg, Apple's deal with Cash Money Records was about a future documentary rather than exclusivity agreements. Apple and Cash Money Records will team up to make a documentary, which will likely be used to promote Apple Music.

Details on what the documentary might be about are not yet available.

This week, Google released a new app called Duo, which allows for FaceTime-style video calling. Unlike FaceTime, though, Duo allows for cross platform calls that work on both Android and iOS mobile devices, so it isn't limited to users who only have an iPhone. In the video below, we went hands on with Duo to see just how well it works and whether it's a serious FaceTime competitor.


The Duo app is rather simple, with a similar interface on Android and iOS devices. You sign into the app using your phone number, and once logged in, you have a list of contacts to call pulled from the existing contacts in your phone. That's it.

When in a video call, you get many of the features you'd expect from a service like FaceTime, including mute, switching between the rear and front-facing camera, and ending the call. One new feature, however, is called Knock Knock, which is a sort of video caller-ID that lets the person receiving a call see what the caller is doing before answering. Think of it like a FaceTime video preview that's available before the FaceTime call is accepted.

Because Duo uses a phone number for authentication, the app is not available for the desktop, and you are only able to use one device associated with a certain phone number at a time. This may be a deal breaker for those who like to chat on multiple devices, but for those looking for easy video calling, it's worth a try.

We all likely know someone who doesn't use an iPhone, and Duo seems to be a good alternative for those looking for a FaceTime-like feature on Android. Duo is available from the App Store [Direct Link] and Google Play Store and can be downloaded for free.

Tags: Duo, Google

At today's Intel Developer Forum, Intel announced a new licensing deal with ARM, which will see Intel taking advantage of ARM technology in an effort to attract more manufacturing companies to its factories.

Under the terms of the deal, Intel plans to allow third-party semiconductor companies to use its 10-nanometer production lines for manufacturing ARM-based chips for smartphones, expanding the production options available to companies like Apple.

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Apple currently produces custom-designed ARM-based chips that are manufactured by companies like Taiwan Semiconductor Manufacturing Co. (TSMC), but with Intel and ARM's new licensing deal, Apple (and other manufacturers) could potentially use Intel to fabricate its chips.

LG Electronics has already inked a deal with Intel and will use Intel's foundry business to manufacture 10-nanometer chips for future LG devices. It is not clear if Apple will strike a deal with Intel, as rumors suggest Apple already has an agreement in place with TSMC to produce 10-nanometer A11 chips destined for the 2017 iPhone and other 2017 devices, but the possibility exists for future chips.

TSMC is also said to be the sole manufacturer of the A10 chip that will be used in the upcoming iPhone 7 and iPhone 7 Plus.

Tags: Arm, Intel

Last week, MacRumors covered photos of what appear to be the front and rear of bare iPhone 7 logic boards, and since that time we've been able to study these boards and compare them to previous iPhone generations' bare and populated logic boards.

Comparing the boards with existing component offerings and information suggests that Apple has indeed moved on from Qualcomm as its baseband modem supplier and switched to Intel for the upcoming iPhone generation. This does not preclude Apple from having other versions of the iPhone 7 or 7 Plus logic boards which feature a Qualcomm modem, such as an international model with differing LTE band options, as has been rumored.

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Leaked iPhone 7 logic board with Intel modem location annotated

The image above shows the previously leaked and annotated logic board front with the probable location of the Intel baseband modem annotated. The pad pattern for the part in this location is markedly different than the pad pattern for the Qualcomm MDM9635, as shown in iFixit's parts catalog. The pad pattern of this mystery part also appears to match the dimensions listed on Intel's website for similar baseband modem offerings to the rumored XMM 7360 design solution.

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Related Forum: iPhone

Apple is hiring a Lyrics Curation Manager and Lyrics Curators, presumably to work on the new Apple Music feature in iOS 10 that provides song lyrics alongside each Apple Music song that is playing.

First noticed by MusicBusinessWorldwide, the job listings are for the Content Curation team, responsible for "maintaining the very best user experience possible around content."

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We're looking for a manager to lead a team of lyrics curators with excellent writing skills, music knowledge, and attention to detail. Passion for technology and a will to question the current workflows with the mindset to improve tools and processes. General understanding, love, and ideally, experience in writing lyrics.

For the non-manager positions, Apple is seeking candidates with competency in Italian, Portuguese, Chinese, German, and Spanish, so at least some of the Lyrics team will focus on translating song lyrics into additional languages. Other job requirements include the ability to "accurately and quickly transcribe lyrics," "superlative writing skills" and a willingness to learn "new and complicated tools and processes."

In Apple Music in iOS 10, scrolling down on the "Now Playing" window brings up an option to show song lyrics on most Apple Music songs. Lyrics are still a work in progress and are not available for all songs, especially new releases.

It is not clear if Apple's lyric transcriptions are done in-house, but given the sheer number of songs on Apple Music, it seems likely Apple has partner services with lyrics provided by a company specializing in lyric transcription or directly from music labels.

The new Apple Music, which has seen a significant redesign in iOS 10, will launch to the public this fall.

At today's Intel Developer Forum, Intel CEO Brian Krzanich and other Intel execs showed off its 7th Generation Core, Kaby Lake. While information shared on Kaby Lake was limited, there was an on-screen demo of two machines equipped with Kaby Lake processors, shown editing 4K video and using built-in graphics to play popular Blizzard game Overwatch.

Kaby Lake is hardware accelerated for the HEVC Main10 profile, meaning it can "play the highest quality 4K premium content on the market today without a hitch." An HP two-in-one laptop on stage was used to edit 4K video and a Dell XPS laptop was used to show off Overwatch, which ran seamlessly on the machine thanks to Intel's efforts to "push the boundaries of processor graphics."

For those unfamiliar with Kaby Lake, it is the third chip manufactured using Intel's 14-nanometer process, following Broadwell and Skylake. It's a semi-tock with optimized microarchitecture, offering support for Thunderbolt 3, native USB 3.1, and DisplayPort 1.2.

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According to Krzanich, Kaby Lake processors are already shipping to Intel's manufacturing partners and will launch in new devices coming this fall, something we already knew following a July earnings call. Krzanich did not provide a further breakdown on when chips appropriate for some of Apple's machines long overdue for updates will launch.

Intel often launches low-power 4.5W Y-series chips and 15W U-series chips first, neither of which are suitable for use in the machine that people are most curious about, the MacBook Pro. According to an old Intel roadmap, Kaby Lake chips appropriate for use in the MacBook Pro, the iMac, and the Mac mini won't launch until the very end of 2016 or the beginning of 2017, meaning any Apple machines released in the fall of 2016 may be limited to Skylake chips.

Rumors suggest the MacBook Pro is getting a major overhaul this year, with a slimmer design, Touch ID support, and a built-in OLED touch panel. There's no specific word on a launch date, but it is expected sometime after the September iPhone event and before the end of the year, pinpointing October or November.

During today's event, along with touching on its 7th Gen processors, Intel outlined Project Alloy, a "merged reality" open source hardware project described as "the next version of VR," allowing objects from the real world to be brought into the virtual world and vice versa. On stage, this was demonstrated with a dollar bill that was used to manipulate a virtual object. Intel also announced TXL labs, a production studio "dedicated to pushing the limits of technology for production," and a new drone platform.

With Apple set to launch the iPhone 7 next month rumors about the phone and the event where it will debut have been picking up. We've already heard information suggesting the iPhone 7 will be introduced at an event set to take place on Wednesday, September 7, two days after the Labor Day holiday, and now it appears we may have some insight into the actual release date.

While Apple typically releases the iPhone about two weeks after introducing it, suggesting a September 16 launch date, new scheduling information from AT&T shared by 9to5Mac indicates that the iPhone 7 might not launch until later in the month, on September 23.

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A leaked AT&T retail schedule featuring "Merchandising Reset" hours indicates employees will need to spend several hours reorganizing AT&T stores on both September 9, 2016 and September 23, 2016. It's possible this schedule pertains to the iPhone, but there's no concrete proof that it does.

Previous information from notable smartphone leaker Even Blass has suggested pre-orders for the iPhone 7 will take place on Friday, September 9, two days after the prospective debut event, which is in line with the schedule from AT&T.

Blass has also predicted an iPhone launch for September 16, but if this AT&T information is accurate and does pertain to release preparations, that previous prediction could be incorrect. September 16 and September 23 are both likely candidates for an iPhone release date.

Regardless of when Apple plans to release the iPhone 7, we don't have long to wait for an unveiling with only three weeks to go until the rumored September 7 event date. Media invites for the event are likely to go out next week, perhaps on Thursday August 25 or Friday, August 26.

Tag: AT&T
Related Forum: iPhone

Microsoft today launched a new commercial for its Surface Pro 4, comparing the tablet computer to Apple's iPad Pro and Smart Keyboard. The ad -- titled "What's a Computer? Just ask Cortana" -- was posted on YouTube today with a description claiming that "just because you call something a computer doesn’t mean it fits the description." The new ad is clearly targeting Apple's new "What's a Computer?" ad campaign and "Super. Computer." slogan for the iPad Pro.

The ad centers around a party that Siri is holding for its new Smart Keyboard, telling the Surface Pro 4 "I'm a computer now, like you." The Surface Pro 4 responds, asking if Apple's tablet has an Intel Core i7 processor, full access to Microsoft Office beyond the mobile app versions, a trackpad, and external port options. Siri responds with, "Like I said, I just got a keyboard."


The ad ends with the tagline, "Surface does more. Just like you." The new ad today follows a similar anti-Apple theme of many Microsoft ads, which have previously focused on comparing the Surface Book and MacBook, and Windows 10 and OS X. For Christmas last year, the company released a more peaceful ad that centered around a group of Microsoft Store employees singing seasonal carols outside of an Apple Store.

The Surface Pro 4 starts at $899 for 128GB of internal storage and 4GB of RAM, and going up to as much as $1,799 for 256GB of internal storage and 16GB of RAM. Comparatively, the 12.9-inch iPad Pro starts at a smaller $799 for 32GB and maxes out at $1,099 for 256GB, with all models including 4GB of RAM.

Related Roundup: iPad Pro
Buyer's Guide: iPad Pro (Don't Buy)

nuance_dragon_logoVoice dictation company Nuance today announced a collection of new software upgrades, including Dragon Professional Individual (version 15), Dragon Legal Individual (version 15), and Dragon Professional Individual for Mac (version 6). As with all versions of Nuance's software, the new updates are said to feature "powerful dictation, transcription and customization capabilities" to allow users helpful and responsive dictation features with an emphasis on workflow.

The Dragon software lets its users precisely dictate reports, spreadsheets, emails, and other documentation using only their voice. Specifically on the new Mac release, the software has had its accuracy boosted up to 24 percent over previous iterations of Dragon. Helpful tips will get new users "up to speed quickly," while further educating existing Dragon fans into the complexities of Nuance's product.

“This latest suite of professional productivity solutions brings with it some of the most advanced capabilities to drive documentation productivity – with higher accuracy, speed and efficiency,” said Peter Mahoney, senior vice president and general manager of Dragon. “Combined with Dragon’s optimization for portable touchscreen PC’s and the ability to sync with Dragon Anywhere, professionals are able to keep up with documentation demands from just about anywhere their business takes them.”

In the new update, Nuance has introduced a "Batch Mode" to allow users to transcribe multiple audio files at once, as well as introducing full text control to empower "users to work even more quickly and accurately by voice." Using Apple's accessibility API, Dragon Professional Individual for Mac supports Apple Pages, Apple Keynote, Apple Numbers, Microsoft Outlook 2016, Scrivener, and other document creation programs.

The release on the Mac -- as well as Dragon on the PC -- uses Nuance's new "Deep Learning Technology" to learn each of its users' voice patterns and accents. This allows Dragon to recognize and adapt to the environment, be it in a quiet office or outside, which is a possibility thanks to the company's Dragon Anywhere mobile app that launched late last year. Over time, this speech data is accrued to improve Dragon's voice dictation features and result in a more naturalistic readout of transcribed speech.

The English version of Dragon Professional Individual for Mac will go on sale for $300 on September 1 (digital) and September 14 (retail) in the United States, United Kingdom and Australia. Nuance is also holding a special upgrade pricing scheme, selling Dragon for $150 for users who own registered versions of Dragon Dictate for Mac, versions 4 and higher. Those interested in the other Dragon software bundles can find out more about Dragon Professional Individual for PC and Dragon Legal Individual on Nuance's official website.

Tags: Dragon, Nuance

Nearly one month after Apple Pay launched in Hong Kong, the iPhone-based contactless payments service has expanded to The Bank of East Asia (BEA) and Hong Kong Telekom (HKT)'s Tap & Go contactless payments network.

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BEA customers can add eligible MasterCard and Visa credit cards to Apple Pay and receive 5,000 bonus points between now and August 22, while the first 30,000 customers that complete three or more Apple Pay transactions between now and October 31 will receive a 25% cash rebate of up to $180.

Likewise, HKT Tap & Go customers that add prepaid cards to Apple Pay, and complete three or more Apple Pay transactions between now and August 31, will receive a cash rebate of up to $50.

Eligible cards can be added to Apple Pay by tapping the "Add Credit or Debit Card" option in the Wallet app on iPhone 5 and later running iOS 8.1 or above.

Other banks with Apple Pay support in Hong Kong include the Bank of China (Hong Kong), DBS Bank (Hong Kong), Hang Seng Bank, HSBC, and Standard Chartered.

Apple Pay retailers in Hong Kong include 7-Eleven, Apple, Colourmix, KFC, Lane Crawford, Mannings, McDonald's, Pacific Coffee, Pizza Hut, Sasa, Senryo, Starbucks, ThreeSixty, and elsewhere contactless payments are accepted.

Related Roundup: Apple Pay

Hunter Fan Company has announced that Signal, the first ceiling fan with HomeKit support, is now available for $379 through its website, Amazon, Build.com, Home Depot, Lowe's, Menards, and in lighting showrooms throughout the United States. The Symphony, a cheaper version with white blades, will launch in the fall for $329.

Signal
Hunter Fan Company first introduced the Signal and Symphony at CES 2016 earlier this year. The smart ceiling fans connect to a home's Wi-Fi network and, through HomeKit, the fans are able to be controlled using Siri voice commands. Using Scenes and Triggers, the fans can interface with other HomeKit products like lights and thermostats for a full connected home experience.

timcookApple is planning an all-new research and development center in China, attempting to boost its presence and market share in the country following multiple reports of the iPhone's dwindling returns as users flock towards low-cost alternatives. The R&D center, said "to be built by the end of the year," will mark Apple's first location of its kind in the Asia-Pacific region (via Reuters).

The announcement comes from Apple CEO Tim Cook, on a visit in China this week, who spoke with Vice Premier Zhang Gaoli on Tuesday and detailed the company's plans for the center. Those details weren't specifically disclosed to the public, so it's still unclear where the new R&D center will be located, or how many employees it might house.

Apple's new research and development center will be built by the end of the year, Cook told Vice Premier Zhang Gaoli, one of China's most senior officials, according to the official Chinese state broadcaster.

The pledge comes after the head of China's industry and technology regulator in May told Cook he hoped Apple could deepen its cooperation with the country in research and development and stressed information security.

Cook's August trip marks his second visit to China this year, following a tour of Beijing in May where he met with App Store developers and Didi Chuxing president Jean Liu. Although once Apple's second largest market in the world, the company announced during last month's earnings report that its revenue in China dropped 33 percent year-over-year, ultimately allowing Europe to overtake China as its second biggest market, following the United States.

Concern about Apple's future in China stems from the country's heavy focus on potentially invasive foreign products and services, leading to events like the closure of the iTunes and iBooks store earlier in the spring, due to the launch of a controversial dystopian film. Apple has faced lawsuits due to similar occurrences as well, making it hard for the company to focus solely on helping the iPhone gain traction against China's plentiful low-cost smartphone options.

After first launching in the Middle East, Southeast Asia and Latin America, Obi Worldphone is now expanding availability to the United Kingdom with the launch of its flagship £99 smartphone, the Obi MV1. Former Apple CEO John Sculley is one of the co-founders of Obi, which "is in the business of making more affordable devices," as opposed to Apple's higher-cost iPhones (via Engadget).

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Images via Engadget

In terms of specs, the Obi MV1 has a 720p display that measures 5 inches, a front-facing (2-megapixel) and rear-facing (8-megapixel) camera, a 2,500mAh battery, one 1.3 GHz quad-core Snapdragon 212 chip, 2GB of RAM and 16GB of internal storage. The MV1 does support microSD cards, however, that could potentially boost storage up to 64GB.

The design of the MV1 hopes to differentiate from the crowded "jungle" of the Android smartphone market, according to Obi executive Ankush Chatterjee. To do this, the company created the smartphone's "signature floating glass display," which is protected by Gorilla Glass 3 and sits a few millimeters above the body of the device. The MV1 also has contrasting edge design, with rounded corners on the bottom of the handset and more angular, sharp edges on the top.

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Whether it's to your tastes or not, the MV1 is comfortable enough in the hand, though the raised display isn't a particularly elegant feature. It's a thin, sharp edge after all, which your fingertips come into contact with regularly. Also, since the screen sticks out, it draws attention to how big and bulky the MV1 is for a 5-inch device, though that does help it feel robust.

Based on Android 5.1 Lollipop, the MV1 has an operating system called Cyanogen OS 12.1.1, allowing for "easy customization" by the user. The UI is said to be "colorful," while sporting a feature called Lightspeed UI that lets users access various widgets on the MV1's lock screen, like the phone's dialer, camera, and web apps.

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For those users in the United Kingdom, the Obi MV1 can be purchased for £99 in black or white from the company's official website, or from Amazon.

Google has announced a new one-to-one video calling app for iOS and Android called Duo, which the company says aims to take the complexity and frustration out of video calling.

Users of Duo sign into the app using just their phone number and Google then sends them a confirmation text. After that, users can video call anyone in their contacts list who also have Duo installed.

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Google says Duo is built to be fast and reliable, so that video calls connect quickly and work well even on slower networks.

Call quality adjusts to changing network conditions to keep you connected — when bandwidth is limited, Duo will gracefully reduce the resolution to keep the call going smoothly. For video calls on the go, Duo will switch between Wi-Fi and cellular data automatically without dropping your call. You can start your call at home, and continue seamlessly even when you head out the door.


Apart from its simplicity, Google is heavily hyping a feature (currently limited to Android) called "Knock, Knock", where a known caller's live video can be transmitted before the receiver has answered, allowing them to reveal things on the screen to entice the person to accept the connection.

Once they do so, the video continues seamlessly, which makes video calling "more spontaneous and welcoming, helping you connect with the person before you even pick up," says Google. The company has made no mention about whether the feature will be coming to iOS - and even if it did, users would have to unlock their iPhone first before taking a call.

Google notes that Duo isn't a replacement for its other video calling app, Hangouts, which it hopes will appeal more to enterprise users as the service is further integrated into the Google Apps suite.

Google Duo is a free download that should be available on the App Store for iPhone sometime today. [Direct Link]

Tag: Google

The U.S. Patent and Trademark Office today granted a patent application that details a remote control device for a marine vessel, a concept that Steve Jobs was originally credited the inventor of (via PatentlyApple).

The patent, titled "Remote motion control using a wireless mobile device", was filed in 2013 and has just been granted, now registered under Apple and Savant Systems. Savant is a manufacturer of luxury home automation systems and worked with Jobs on the late Apple co-founder's super yacht, named the Venus.

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The patent describes a general-purpose device with a touchscreen, similar to an iPhone, which executes an application that remotely controls a vehicle (e.g. a marine vessel, such as a yacht).

The device communicates wirelessly with an interface linked to the vessel's electronic control system, which collects environmental and system status information like wind speed and water depth from a series of sensors.

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The control system also transmits and receives signals to the vessel's subsystems, such as throttle controllers, transmission, and rudders, enabling it to maneuver the vehicle remotely over the wireless network.

The patent goes on to describe the application's packet delivery and user interface module, as well as a network health monitor that enables and disables functional control. The touchscreen displays status information for the vessel and shows which controls are engaged, among other subsystem data.

Jobs' super yacht was designed by Philippe Starck's design company Ubik and built by Headship. Jobs died in October 2011, while the yacht was unveiled a year later at a cost of more than $112 million.

newitunes122logoApple has green-lighted its carrier billing feature for iTunes users in Taiwan and Switzerland, allowing them to charge app and media transactions directly to their cellphone bill (via Mashable).

The two countries join Germany and Russia in allowing customers to pay for music, movies, apps, books (excepting Taiwan, since Apple doesn't sell books there), Apple Music memberships, and other iTunes content with just their phone number, instead of using a credit or debit card.

At present, the option in Taiwan is only available to Far EasTone contract holders, but is expected to roll out to other carriers soon. Salt (previously Orange) reportedly lets its customers use carrier billing in Switzerland, but we're still waiting to learn which other carriers in the country support the feature.

Users wanting to take advantage of carrier billing can sign into the iTunes Store or App Store, navigate to the 'Payment Information' section, and choose 'Mobile Phone' from the payment options list. Further details can be found on Apple's support page covering mobile phone billing.

Apple debuted the billing scheme in Germany back in October 2015, before rolling it out to users in Russia a month later. Apple is likely to continue to expand the initiative to more countries as it seeks to secure deals with carriers for lower transaction handling rates.

Warren Buffett's Berkshire Hathaway has increased its stake in Apple by 55 percent, taking its investment in the company to $1.46 billion (via Reuters).

Berkshire owned 15.23 million Apple shares as of June 30, up from 9.81 million shares as of March 31, according to a regulatory filing. It's unclear whether Buffett himself or one of his deputies are behind the investment.

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The move by Berkshire Hathaway took advantage of a difficult time for Apple on the stock market. Between April and June, Apple's share prices dipped 12 percent to $95.60 per share, following the company's first revenue decline in 13 years during the previous quarter.

Despite that, Apple shares are up more than 10 percent in the last month, after the company rebounded on news of better than anticipated business performance in its last earnings call, partly due to strong iPhone SE sales.

Back in March, Berkshire revealed its $1.2 billion stake in Apple, causing shares to soar 9 percent and breach the $100 mark shortly after other investors revealed they had moved to dump Apple stock.