Former Flextronics Director Walter Shimoon has pled guilty to two counts of conspiracy to commit securities fraud and wire fraud and one count of securities fraud for leaking details about the iPhone 4 and iPad.
Apple is working on future improvements to Find My iPhone which could allow a user to selectively protect data, remotely scramble data instead of erasing it, and transmit surveillance info back to the owner.
Apple will reportedly update its larger 5.5-inch iPhone Plus model with a 256GB of storage option and a larger 3100mAh battery, further distinguishing it from the smaller 4.7-inch iPhone model.