While shortages of the Apple TV at numerous high-profile resellers have been documented for weeks and part numbers indicating an update alongside the iPad 3 next week have been revealed, AppleInsider now notes that Apple has specifically been stalling in delivering promised shipments of the device to resellers. For three consecutive weeks, the Cupertino-based company has failed to make good on its promissory to restock indirect channel partners with fresh inventory of the existing $99 Apple TV product, say people familiar with matter. Instead, partners and channel members have seen Apple push back deliveries each consecutive week by one additional week -- a practice that almost always foreshadows a formal discontinuation of a product ahead of new models

In addition to its report today about a potential 14-inch MacBook Air , DigiTimes also claims that Apple is expected to launch its thinner MacBook Pro models perhaps as soon as April. The report is a bit inconsistent in describing the timing, initially stating that the debut would be in April "at the soonest" while later simply mentioning that they are expected in April. The report specifies that the redesigned models will include 13-inch and 15-inch models, but there is no word on the 17-inch MacBook Pro

Apple's stock has hit yet another psychological milestone today, pressing through to reach $500 billion in market capitalization. Apple passed the milestone in after-hours trading yesterday, but has just now passed it in regular trading as the trading day opens.

DigiTimes reports that Apple is considering launching a 14-inch MacBook Air model, a move that would appear to be targeting Asian markets where the size is popular with consumers. Apple is reportedly considering launching a 14-inch MacBook Air and may start mass production in the near future to fully enter the Asia PC market, according to sources from the upstream supply chain

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Earlier this month, privacy issues related to the uploading of users' address books to developers' servers were cast into the limelight as Congress requested details from Apple on how private information is handled and protected. While Apple quickly responded to note that it would be addressing the issue by requiring explicit permission to be granted by users for apps to access their address book data, it has been a relatively open secret for some time that developers can gain access to a broad array of what might be considered private information, including photos, calendars, and other content. The New York Times today is taking a closer look at the topic of photos and videos, noting how easy it is for developers to quietly gain access to such content when given permission to collect location information.

In line with expectations, The Loop reports that Apple today sent out invitations for a media event scheduled for next week Wednesday, March 7. The event will be held at the Yerba Buena Center for the Arts in San Francisco and is scheduled to begin at 10:00 AM Pacific / 1:00 PM Eastern.

CNBC has just issued a Tweet claiming its sources have indicated that Apple will indeed be launching a quad-core iPad 3 next with 4G LTE cellular data capabilities next week. Interestingly, the tweet claims that the unveiling will take place in New York, a departure from the company's typical major announcements that have taken place either in San Francisco or at the company's headquarters in Cupertino.