Apple Recap: iOS7 Glitch, Displays, and Security Problems

Apple Recap Main Image

Shares of Apple’s (NASDAQ:AAPL) stock traded between a $15-range over the past 5-day trading period, ending the week in-line with its key technical measurements. Shares of the iPhone maker lost $3.19, or 0.66 percent, of their value over past five days and $0.38, or 0.08 percent, to close at $483.03. Here’s a cheat sheet to today’s top Apple stories:

Apple’s iOS 7 Glitch: Minor Embarrassment or Major Education Market Setback?

Apple’s overall push into the growing education market hit a snag recently when it was discovered that its latest mobile operating system update removed “supervision profiles” from iPads that had been distributed to students in school districts across the country, reports All Things D. The removal of the supervision profiles allowed students browse the Internet without restrictions and download unauthorized content.

According to All Things D, the iOS 7 software glitch led at least one school district to decide to secure all of its iPads at the end of each school day instead of letting students take the devices home. “In the short term, the district will be collecting iPad devices at the end of each day until the safety protection measure is reinstalled,” stated a memo from Colorado’s Manitou Springs School District 14… (Read more.)