Towards the end of Apple’s earnings call earlier today, Tim Cook and CFO Peter Oppenheimer fielded a number of questions from analysts. Some of these questions addresses some of the most recent rumors including the recent 4.8-inch iPhone rumors, the budget iPhone rumor and the WSJ story about Apple cutting iPhone 5 part orders. » Tim Cook Addresses Latest Rumors At Apple’s Earnings Call

ComputerWorld has just announced that Jobs’ house burglar gets seven-year sentence for stealing $60,000 worth of Apple products and other items from the home of Steve Jobs’ family last July. Kariem McFarlin stole iMacs, iPads, iPods, iTV and more from the home of the late Apple CEO and has been sentenced to seven years in prison. » Burglar Sentenced To Seven Years In Prison For Stealing From Jobs Family’s Home

Apple has just announced the date of a one day event for Asian countries that is also known as “Red Friday” to celebrate the Chinese new year. On this day Apple will be offering limited time deals on Macs, iPads, iPods, and accessories like the Smart Cover “just like Black Friday”. » Apple’s “Red Friday” Discount Deals for Asian Customers on January 25

Digitimes report that Apple’s rumored entry-level iPhone reportedly may adopt plastic for its chassis instead of reinforced glass or unibody metal as in the company’s standard iPhone models, to save cost, according to sources from the upstream supply chain. » Apple’s Rumored Low-Cost iPhone To Use Plastic Or Hybrid Plastic/Metal Design

While reports claim that Apple is working on a cheaper iPhone, The Wall Street Journal reports that Apple cuts orders for iPhone 5 parts this quarter, responding to weaker-than-expected demand. » Apple Cuts Orders For iPhone Parts Due To Weak Demand

DigiTimes reports that Apple will roll out a low-cost version of the iPhone for China and other emerging markets in the second half of 2013, according to supply-chain sources. “Some sources claimed that they have seen the sample of the low-cost iPhone, which will come with a larger display, meeting the prevailing trend for the adoption of 5-inch displays for high-end models. They added that the low-priced iPhone will also have a brand new exterior design.” » Apple To Roll Out Low-Cost iPhone For Emerging Markets in 2013?

Apple has announced today that customers have downloaded over 40 billion apps since its launch in 2008, with nearly 20 billion in 2012 alone. The App Store has over 500 million active accounts and had a record-breaking December with over two billion downloads during the month. 775,000 apps have been made by developers and have been paid over seven billion dollars by Apple. » Apple Has Announces 40 Billion App Store Downloads With Almost Half In 2012