In a Friday report, Taiwan's Economic Daily News has revealed that the rumored 4.7-inch model of Apple's next-generation iPhone - likely to be called `iPhone 6' - will hit mass production next week; while the mass production of the rumored 5.5-inch iPhone 6 will likely commence in August.

With some previous reports having revealed that Apple's next-generation iPhone - the iPhone 6 - will boast a sapphire glass panel, instead of the Corning Gorilla Glass, the display of the forthcoming iPhone has been put through a number of torture tests of late, to determine its durability.

The iTunes movie service of Apple has been updated with cloud-delivered extras that make it easier to watch the bonus features like the behind-the-scenes videos and cast interviews on Apple TV.

At a time when confrontation over cyber security and US snooping is escalating in China, the state-run media is slamming the Apple iPhone as a threat to the national security.

Students and teachers have been offered $100 Apple Store Gift Card with the purchase of a new Mac, or a $50 gift card with the purchase of an iPad or iPhone. Well, this is part of Apple's annual Back to School promotion launch. The details of Back to School promotion are frequently tweaked by Apple, but this is the first time when Apple Store Gift Card has been offered.

On Monday, new versions of Apple's OS X and iOS operating systems were shipped, along with an update version of the company's Safari web browser and Apple TV firmware.

As a result, Apple's OS X Mavericks version has been updated to version 10.9.4; while iOS 7 version has been updated to iOS 7.1.2.

According to a Business Wire report, US tech giant Apple has recently enhanced its portfolio with the acquisition of high-end headphones maker Beats Electronics and subscription streaming music service Beats Music for a total of $3 billion. The purchase price of the two companies is nearly $2.6 billion, with $400 million to vest over time.

A new report from Reuters has indicated that the mass production on Apple's much-rumored smartwatch - the Apple iWatch - will likely commence in July. The reported timeline of iWatch mass production hints at a potential October launch window for the smartwatch which will mark Apple's foray into the wearable arena.