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Former Apple supplier exec pleads guilty to leaking iPhone details
Former Flextronics employee Walter Shimoon pleaded guilty to charges of conspiracy to commit wire fraud and security fraud. Shimoon leaked information about upcoming Apple products to hedge fund traders in late 2009. He is one of 11 people who have admitted their guilt after the government's crackdown on insider trading. Mr Shimoon and the others were industry experts who worked with Wall Street analysts and managers. The government alleges this relationship got too cozy and the information shared between the two groups crossed the line from "permissible market research" to insider trading. Mr Shimoon was recorded talking about the unreleased iPad (K48 codename) and iPhone as well as confidential sales information. He told a government witness, "So, you can get, at Apple you can get fired for saying K48...outside of a, you know, outside of a meeting that doesn't have K48 people in it. That's how crazy they are about it." [Via AppleInsider]
Apple secrets leaked early by inside traders, arrests reveal
We don't normally cover the "business crime" beat, but there's a pretty interesting gadget angle here. As part of a larger crack down on insider trading, three technology executives and a "salesman for an 'expert network'" have been arrested for leaking confidential tips to hedge funds. What sort of secrets, you ask? A certain executive for Flextronics, Walter Shimoon, happened to pass on information concerning an iPhone update and the iPad well before they became official (Flextronics supplied Apple parts). "At Apple you can get fired for saying K48 ... outside of a, you know, outside of a meeting that doesn't have K48 people in it. That's how crazy they are about it," he said during an October 2009 phone call intercepted by authorities, where K48 was the codename for the iPad, which didn't see the light of day until 2010 (we're assuming here that's not all he said). The others arrested hail from AMD (leaking financial details) and Taiwan Semiconductor Manufacturing, and a fifth person already pled guilty (a former Dell global supply manager). Remember, kids, crime doesn't pay.
Is this the Apple tablet? (update: new images)
Okay, we obviously can't confirm this, but we just got two very interesting images of what certainly looks like a prototype Apple tablet, or what could be the tablet bolted down to a table. It's big -- really big -- and it's running what clearly looks like an iPhone app, although we've never seen an iPhone app with that interface or at that resolution before. We also see a WiFi icon and a cell service indicator, although tragically there's no carrier listed. As far as fakes go, this is as convincing as it gets, so either this is the real deal or someone deserves a hearty congratulations. On a totally separate note, we also received a tip claiming to have some specs -- we can't verify any of this either, but we're told that the device will have a 10-inch screen and look like a larger iPhone with a MacBook-like aluminum back, and that pricing will run $800 on contract with Verizon and $1000 without when it arrives in March. We're also told that the official name remains a secret and that Apple employees are still calling it by the codename of "K48" -- a name we last heard in May from the same source that pegged the iPhone 3GS exactly. This source also tells us that the iPhone will be coming to Verizon as well and that we'll see iLife '10 tomorrow, but there won't be any MacBook updates. A relatively safe set of predictions -- which is why we sort of believe them. Just 13 hours to go -- we'll find out if any of this is the real deal soon enough. Update: Based on some rough measurements, that screen does appear to be between 9- and 10-inches diagonal. Additionally, it looks as though there could be a front-facing camera on the opposite side of the home button (up top in these photos) due to that cutout section, though the images are really too grainy to know for certain. Update 2: Our source has shared another photograph, this time showing an iPhone resting on the tablet for comparison. Check it out after the break (bigger image for inspection available in the gallery). Update 3: Gizmodo managed to snag some images of what appears to be the back of the tablet from Chinese forum WeiPhone before they were mysteriously yanked. WeiPhone is the same forum that leaked the K48 name way back when, so who knows -- the image shows what could be RF testing, but one of them feels kind of render-y to us. Check 'em all in the gallery! %Gallery-83977%
