SF Gives
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The TUAW Daily Update Podcast for May 5, 2014
It's the TUAW Daily Update, your source for Apple news in a convenient audio format. You'll get some the top Apple stories of the day in three to five minutes for a quick review of what's happening in the Apple world. You can listen to today's Apple stories by clicking the player at the top of the page. The Daily Update has been moved to a new podcast host in the past few days. Current listeners should delete the old podcast subscription and subscribe to the new feed in the iTunes Store here.
Apple donates $500K to SF Gives and other news for May 5, 2014
Apple's concern for it's California community and a dip in retail sales are in this morning's Apple news. Apple has donated US$500,000 to an anti-poverty initiative in San Francisco. The organization SF Gives was formed by Salesforce.com CEO Marc Benioff and Tipping Point CEO Daniel Lurie. Apple's contribution was in response to the group's efforts to get 20 companies to donate $50K each, for a total of $10 million dollars. Apple Store sales slow down as shoppers wait for new products. No surprise, really. Conscientious shoppers fear making a major electronics purchase just prior to the launch of a major update. Needham analyst Charlie Wolf compiled data that demonstrates that same-store sales were down five percent in March after a three percent bump in December.
