Hot Apple Rumors 11/5

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By Douglas A. McIntyre Published

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From AppleInsider:  Get ready for cool new iPhone games.  The site found an Apple patent application that “describes iPhone games that would use the device’s many sensors and capabilities — including motion detection, GPS and camera — to offer a new way to play and compete with friends in a real-life 3D space.”  Games would involve multiple iPhones. This could be serious trouble for game console makers including Nintendo,  Sony (NYSE:SNE) and Microsoft (NASDAQ:MSFT) if this comes to fruition.

From AppleInsider:  Apple is being accused in a class action lawsuit of offering an iOS 4 update to Apple 3G users so that the smartphones would become a “virtually useless iBrick.”   The company is aware of the problem and Steve Jobs said in September that the bug would be fixed in the release  of  iOS 4.  Testing “seemed to resolve some of the sluggishness that users were reporting,”   the site says.

Jon Berr

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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