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Sources claim Apple’s newly-installed CEO, Tim Cook, will preside over an October 4 media event in which he will announce the long-awaited iPhone 5. The date is consistent with previous reports setting early October as the release date for the next-generation smartphone.

In a replay from an incident last year, another Apple employee lost another iPhone prototype in yet another Bay Area bar. If this keeps up, they’re going to start surgically implanting new phones into developers’ arms.

Steve Jobs is stepping down as chief executive at Apple, the company said on Wednesday. Jobs will remain at the company as chairman, but he and his iconic black turtleneck will be replaced by former Chief Operating Officer Tim Cook.

A couple weeks ago, we showed you the fake Apple store uncovered by a blogger in Kunming, China. But it seems Apple isn’t the only one with an intellectual property headache on its hands. In the exact same Chinese city, a pseudo IKEA has been spotted.

Apple made more news today as they announced the all new iPad 2. The announcement opened with Steve Jobs, looking "good", relaying sales figures that Apple has seen over the past year. Then Jobs rolled into the big unveiling of iPad Part Deux. The iPad 2 ships March 11th!

You've gotta love a little British humor. They did give us The Office after all, well sort of. Anyway, watch this hilarious video making a mockery out of our tech savvy world. Can you pick up on all the technical terms?