Apple
Apple Case Seen as Possible Spur to Tax Action
May 22, 2013 10:19 am | by Marcy Gordon and Peter Svensson, AP Business Writers | News | CommentsWASHINGTON (AP) — Now that tech darling Apple Inc. has been dragged front and center into the debate over the U.S. tax code, lawmakers are hoping that the spotlight on such a high-profile company could be the catalyst for Congress to take action to close loopholes or reform the law.
Apple's Cook to Face Senate Questions on Taxes
May 21, 2013 11:06 am | by Marcy Gordon, AP Business Writer | News | CommentsA Senate panel says Apple Inc. is avoiding paying billions of dollars in U.S. taxes by using a cluster of affiliates located outside the United States and is prepared to question its chief executive Tuesday about the "loopholes." Apple CEO Tim Cook is expected...
Tablets with Windows RT See Slow Sales, IDC Says
May 2, 2013 8:37 am | by Peter Svensson, AP Technology Writer | News | CommentsMicrosoft is seeing slow sales of a version of Windows designed for thin and light tablets, even as the tablet market as a whole is growing, a research firm reported Wednesday. Researchers at IDC said manufacturers shipped 200,000 tablets running...
Apple Sells $17 Billion in Bonds in Record Deal
May 1, 2013 9:06 am | by Associated Press | News | CommentsApple Inc. sold $17 billion in bonds Tuesday in a record deal spurred by the company's plan to placate its frustrated shareholders. The Cupertino, Calif., company sold the bonds in its first debt issue since the 1990s to raise money to pass along to shareholders through dividend payments...
How Siri, Google Now Respond to 5 Questions
April 30, 2013 9:29 am | by Associated Press | News | CommentsWith Google's voice assistant now available on iPhones and iPads, The Associated Press used an iPad Mini to throw five test questions at Google Now and Siri on Monday afternoon in New York. Here's what the two digital assistants had to say for themselves...
Samsung Posts $6.5 Billion Profit
April 26, 2013 10:00 am | by Ben Munson | News | CommentsSamsung posted a gigantic $6.5 billion in profits for the first quarter of its fiscal 2013, up significantly from the same quarter last year when the company posted $4.5 billion. Overall sales for the quarter tallied $47.6 billion, down quarterly after the holidays but up from the $40.7 billion it posted in the first quarter of 2012.
Report: Android Tablets Gaining on iPad
April 25, 2013 10:07 am | by Ben Munson | News | CommentsAndroid tablets are closing the gap on Apple. A new study from Strategy Analytics indicates 17.6 million Android tablets shipped worldwide in the first quarter of 2013 compared with 6.4 million shipped in the same quarter last year. Apple shipped 19.5 million iPads worldwide in the first quarter, compared to 11.8 million in the same quarter last year.
Apple’s 2Q Beats Street With Revenues Up, But Profits Down Annually
April 23, 2013 5:48 pm | by Ben Munson | News | CommentsEven coming off the most profitable quarter in tech company history, Apple still has earned a crooked gaze from Wall Street thanks to Apple’s stock falling 43 percent from its all-time high from September 2012. But Apple’s 2013 second quarter managed to beat the street with $43.6 billion in revenue on $10.09 EPS. That’s compared with estimates of $42.3 billion in revenue in $9.97 EPS, according to FactSet.
Ahead of the Bell: Analysts See iPhone Sales Down
April 23, 2013 9:34 am | by Associated Press | News | CommentsApple Inc. is set to report fiscal second-quarter results after the market close Tuesday, and analysts expect to see the first quarter ever in which iPhone sales declined. The launch of the first iPhone in 2007 set off a boom in smartphone sales...
Facebook Bringing Limited Home Experience to iOS App
April 17, 2013 9:17 am | by Andrew Berg | News | CommentsRumors that Facebook has been in talks with Apple and Microsoft about getting its new Home product on those operating systems prove at least slightly overblown. According to Facebook, the company will be updating its iOS app to include...
AppGratis Irks Apple, Gets Yanked from App Store
April 10, 2013 10:43 am | by Andrew Berg | News | CommentsApple has pulled the popular app recommendation service AppGratis from the Apple App Store. AppGratis is essentially a Groupon for apps. The company partners with app developers to highlight and review apps and deals through its iOS app...
App Downloads Rise 11 Percent Quarterly, Hit $2.2B in Revenue
April 9, 2013 10:50 am | by Ben Munson | News | CommentsApp downloads across the four leading digital storefronts totaled more than 13.4 billion in the first quarter of 2013, marking an 11 percent increase quarterly. Without revenue sharing taken into account, that total was enough to post $2.2 billion in revenue for all stores combined.
Judge Deals Blow to High-Tech Workers' Lawsuit
April 8, 2013 10:43 am | by Michael Liedtke, AP Technology Writer | News | CommentsA federal judge on Friday struck down an effort to form a class action lawsuit to go after Apple, Google and five other technology companies for allegedly forming an illegal cartel to tamp down workers' wages and prevent the loss of their best engineers...
Report: Apple to Release Updated Phone This Summer
April 3, 2013 9:02 am | by Associated Press | News | CommentsApple is set for a possible summer launch of the next iPhone, rather than a fall launch like the last two models, according to a report Tuesday in The Wall Street Journal. Apple Inc. is also working on a cheaper iPhone model that could win...
Goldman Takes Apple Stock off 'Preferred' List
April 3, 2013 8:59 am | by Peter Svensson, AP Technology Writer | News | CommentsGoldman Sachs dropped Apple off its list of most highly recommended stocks Tuesday as it joined other analysts in reducing expectations for a company that hasn't had a revolutionary new product since the iPad in 2010. Goldman analyst Bill Shope...
Apple Apologizes in China After Service Criticism
April 2, 2013 9:41 am | by Christopher Bodeen, Associated Press | News | CommentsApple apologized to Chinese consumers after government media attacked its repair policies for two weeks in a campaign that reeked of economic nationalism. A statement Apple posted in Chinese on its website Monday said the complaints had...
New Book Shares Insights From Steve Jobs' 1st Boss
March 28, 2013 10:05 am | by Michael Liedtke, AP Technology Writer | News | CommentsSAN FRANCISCO (AP) — When Steve Jobs adopted "think different" as Apple's mantra in the late 1990s, the company's ads featured Albert Einstein, Bob Dylan, Amelia Earhart and a constellation of other starry-eyed oddballs who reshaped society.
Report: DOD Writes Order for 600K iOS Devices
March 21, 2013 10:07 am | by Andrew Berg | News | CommentsIn yet another blow to BlackBerry's core customer base, the Department of Defense (DOD) may be readying an order of 600,000 iOS devices. According to a report from Electronista, the DOD has finished extensive testing of BlackBerry's new...
Report: Smartphones Account for 93 Percent of Gross Handset Profits
March 20, 2013 10:01 am | by Andrew Berg | News | CommentsSmartphone margins are where it's at if you're a handset manufacturer these days. According to a new report from IHS iSuppli, smartphones accounted for 87 percent of handset industry revenue in 2012 and a staggering 93 percent of gross profits...
Exec: Samsung has a Smart Watch in the Works
March 19, 2013 9:50 am | by Ben Munson | News | CommentsEven though Apple’s smart watch plans have yet to be confirmed, rival Samsung has gone on record saying it has an answer in the works for the Cupertino’s rumored device. Lee Young Hee, executive vice president of Samsung’s mobile business, told Bloomberg that Samsung has been preparing a watch product for “so long.” He offered no additional details about the watch.
BlackBerry CEO: iPhone’s User Interface “Old”
March 18, 2013 10:42 am | by Ben Munson | News | CommentsLess than a week from when BlackBerry’s Z10 will make its debut on AT&T, the company’s CEO is taking shots at Apple. In an interview with Australian Financial Review, Thorsten Heins showed reverence for the iPhone and its user interface but also seemed to indicate that Apple had fallen behind in regards to innovation, pointing out that the iPhone UI is “five years old.”
Report: Android Tablets to Grab Market Share Lead From Apple in 2013
March 13, 2013 9:51 am | by Ben Munson | News | CommentsAndroid tablets are forecast to snag a 48.8 percent share of the worldwide tablet market in 2013 while Apple will drop to 46 percent. International Data Corporation (IDC) has revised its expected global tablet shipment numbers for this year to 190.9 million from its previous prediction of 172.4 million.
Report: iOS Growth Beats Android in 4Q
March 6, 2013 2:39 pm | by By Andrew Berg | News | CommentsAs much as Apple has been taking it on the chin from Wall Street, the iPhone maker still takes the top OEM spot in U.S. smartphone market share for the three-month period ending in January, according to the latest numbers from ComScore...
Buyer Beware: Future-proofing Can Save You Some Heartache
March 4, 2013 10:02 am | by Ben Munson | Blogs | CommentsWhen the stars align for handset and network technology, it must be a thing of beauty. Match an LTE-enabled handset with an LTE network and magic happens. But I wouldn’t know about that because I foolishly bought a 4G phone on a two-year contract five months before LTE was turned on in my market. And it’s killing me inside.
Report: “iWatch” Could See Release by End of 2013
March 4, 2013 9:56 am | by Ben Munson | News | CommentsAt a meeting last month, Apple CEO Tim Cook promised “great stuff” to come and that promised innovation has become increasingly rumored to be a smart watch. Now Bloomberg has lent a little more fuel to the speculative fire by hinting that an “iWatch” could hit the market by the end of 2013.
