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Apple Sells 51M iPhones in 1Q as Profits Hold Steady

January 27, 2014 5:47 pm | by Ben Munson | News | Comments

As expected, Apple broke records during its holiday quarter, selling 51 million iPhones and posting $57.6 billion in quarterly revenue. On those sales figures, Apple saw $13.1 billion in net profit, matching what it posted in the year-ago quarter despite gross margins shrinking annually to 37.9 percent from 38.6 percent.

Apple Poised for Record Quarter as Market Share Slides

January 27, 2014 10:11 am | by Ben Munson | News | Comments

When the company Monday announces its fiscal first quarter numbers, analyst estimates put it safely ahead of the same quarter last year in at least a few categories. iPhone estimates range around 54 million for the quarter, trouncing the record 47.8 million the company sold in the first quarter of 2013.

Government Lobbies Court to Keep Apple Monitor in Place

January 27, 2014 9:41 am | by Larry Neumesiter, Associated Press | News | Comments

Government lawyers filed papers with the 2nd U.S. Circuit Court of Appeals in Manhattan, saying Apple Inc.'s arguments are without merit as the company tries to stop the monitoring it complains is "a roving investigation." The monitor, Washington lawyer Michael Bromwich, was appointed for two years in October by a judge...

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Report: Apple Working on Pair of Larger iPhones for 2014

January 23, 2014 1:12 pm | by Andrew Berg | News | Comments

Apple will offer a pair of a larger iPhone in the second half of 2014 according to a report from the Wall Street Journal. The new devices will run 4.5 and 5 inches on the diagonal, according to the report which cited people familiar with the matter.

Icahn Takes Another Bite of Apple, Brings Total Holdings to $3B

January 22, 2014 2:27 pm | by Associated Press | News | Comments

Activist investor Carl Icahn says he has purchased $500 million worth of Apple stock in the past couple of weeks to bring his total holdings in the company to more than $3 billion.Icahn disclosed the purchases on his official Twitter account on Wednesday.

Apple's iBeacon Continues Expansion into American Eagle Stores

January 16, 2014 10:16 am | by Andrew Berg | News | Comments

American Eagle Outfitters and Shopkick today announced plans to launch shopBeacon in 100 of American Eagle Outfitters' top-performing stores across the country. According to a press release, Shopkick's shop Beacon is the first Apple iBeacon-based presence signal for retailers.

Apple Will Refund at Least $32.5M in App Case

January 15, 2014 2:07 pm | by Jennifer C. Kerr, Associated Press | News | Comments

Apple will refund at least $32.5 million to consumers to settle a federal case involving purchases that kids made without their parents' permission while playing on mobile apps, the government announced Wednesday. The Federal Trade Commission said Apple will make full refunds for any such in-app purchases made by kids while playing on mobile phones and other devices...

Apple’s Cook Talks Up New iPhone Deal with China Mobile

January 15, 2014 10:13 am | by Ben Munson | News | Comments

Cook told an audience including the Wall Street Journal that Apple already sold a record number of iPhones in China during the company’s still-unreported fiscal first quarter. With reports surfacing that Apple supplier Foxconn shipped 1.4 million iPhone 5Ss last week ahead of the China Mobile launch Friday, Apple could keep seeing huge smartphone sales emerging from China.

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Samsung, Apple CEOs to Discuss Lawsuit Settlement

January 9, 2014 9:11 am | by Youkyung Lee, AP Technology Writer | News | Comments

The chiefs of Samsung Electronics Co. and Apple Inc. will meet to discuss settling a bitter two year legal battle over designs and technologies of smartphones and tablets. A filing with the U.S. District court in San Jose showed Thursday that senior legal executives from Apple and Samsung agreed earlier this week that the CEOs will meet by or before Feb. 19.

Apple’s 2013 App Store Sales Top $10 Billion

January 7, 2014 9:58 am | by Ben Munson | News | Comments

Apple today announced that customers dropped more than $10 billion at its App Store in 2013. The company revealed that more than $1 billion of those sales alone came during December. Apple revealed in a press release that iOS developers have now made more than $15 billion on the App Store.

Wave of Wearable Gadgets Expected at CES Event

January 6, 2014 9:37 am | by Ryan Nakashima, AP Business Writer | News | Comments

Will 2014 be remembered as the year wearable computing took off? Upstart entrepreneurs and major manufacturers such as Samsung, Qualcomm and Sony certainly hope so. Gadgets that you snap, buckle or fasten to your body are already marketed to fitness freaks obsessed with tracking every possible metric their bodies produce. 

Apple Urges Shareholders to Vote Against Icahn’s Buyback Proposal

December 30, 2013 9:46 am | by Ben Munson | News | Comments

Ahead of its annual shareholder meeting Feb. 28, Apple filed a preliminary proxy with the SEC detailing the agenda for the meeting. One of the items up for vote is Icahn’s proposed increase to Apple’s share repurchases during the company’s fiscal 2014. In the filing, Apple detailed its board’s opposition to the proposal and outlined the capital return programs already in place.

Breaking Down China: Why China Mobile is Big for Apple

December 24, 2013 8:40 am | by Associated Press | News | Comments

Sales of Apple Inc.'s iPhone are growing in China but their share of the smartphone market has shrunk. Apple faces intense competition from Samsung and Chinese brands. The following list shows how Apple's market share has declined over the past year while those of most of its biggest rivals have grown.

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iPhone Officially Coming to China Mobile

December 23, 2013 9:54 am | by Ben Munson | News | Comments

The iPhone is officially heading to the world’s largest wireless operator. Apple yesterday announced a multi-year deal with China Mobile that will put the iPhone 5s and 5c in China Mobile’s retail stores as well as Apple retail stores across China starting Jan. 17 of next year. Pre-orders for the devices will begin Dec. 25 on China Mobile’s website.

First News Briefs: AT&T, Broadsoft, Axiros, TESSCO, Samsung, RacoWireless

December 17, 2013 10:20 am | by Wireless Week Staff | News | Comments

AT&T today announced the availability of  a new application programming interface (API) toolkit that can help businesses make mobile transactions safer and easier for AT&T mobile subscribers. The toolkit allows businesses to automate fraud avoidance queries and the completion of basic forms for subscribers during transactions.

Wireless Week's Top 25 Headlines of 2013: Episode 4 (10-6)

December 17, 2013 9:43 am | Videos | Comments

In this five part video series, Wireless Week editors Andrew Berg and Ben Munson will count down the top headlines of 2013. Be sure to catch each installment, as we make our way through all the biggest news events from the past year! In case you missed them, check out the previous installments.

Can Smartphones Snap Out of Technological Stupor?

December 16, 2013 9:25 am | by Michael Liedtke & 
Youkyung Lee, AP Technology Writers | News | Comments

This may be remembered as the year smartphones became boring. Although high-definition displays on smartphones have gotten bigger and their cameras have gotten better, the pace of gee-whiz innovation has dawdled. martphone and software makers are working on ways to snap out of this technological lull...

US Lawmakers Ask Trade Czar to Stem Data Threats

December 16, 2013 9:18 am | by Marcy Gordon, AP Business Writer | News | Comments

WASHINGTON (AP) — Members of Congress want the Obama administration to demand that U.S. allies back away from proposed restrictions on international data transmissions, saying those actions could hurt U.S. companies. Some nations are seeking to tighten the flow of data after reports this fall of the National Security Agency conducting massive information-gathering efforts abroad.

Labor Group Sees Progress at Major Apple Supplier

December 12, 2013 10:03 am | by Associated Press | News | Comments

A labor group monitoring three Chinese factories that make iPhones and other Apple products says once-oppressive working conditions have steadily improved in the last 18 months, but more must be done to reduce the amount of overtime that employees work.

Gift Guide: Navigating Maze of Phone, Plan Choices

December 11, 2013 9:35 am | by Anick Jesdanun, AP Technology Writer | News | Comments

NEW YORK (AP) — So you're ready to buy a new smartphone for your loved one. Which do you choose? Before you do anything, you have to decide whether to buy the phone outright or go the traditional route of buying a carrier-subsidized one with a two-year service contract.

Tech Giants Call for Controls on Gov't Snooping

December 9, 2013 9:57 am | by Danica Kirka, Associated Press | News | Comments

LONDON (AP) — Eight major technology companies have joined forces to call for tighter controls on government surveillance, issuing an open letter Monday to President Barack Obama arguing for reforms in the way the U.S. snoops on people.

Apple Guides Shoppers Inside Stores with iBeacon

December 6, 2013 9:18 am | by Barbara Ortutay, AP Technology Writer | News | Comments

On Friday, Apple Inc. will begin using iBeacon technology at its 254 U.S. stores to send you messages about products, events and other information — tailored to where you are inside, provided you have downloaded the Apple Store app and have given Apple permission to track you.

Carl Icahn Ups Ante in Crusade for Apple Buyback

December 5, 2013 9:21 am | by Michael Liedtke, AP Technology Writer | News | Comments

SAN FRANCISCO (AP) — Activist investor Carl Icahn is seeking the support of Apple shareholders as he tries to pressure the iPhone maker into spending more of its cash to buy back the company's stock. Icahn fired the latest volley in his two-month-old crusade with a Wednesday disclosure that he has submitted a proposal to Apple Inc. that would enable the company's shareholders to vote on his ideas early next year.

Apple Buys Topsy in Pursuit of More Twitter Tips

December 3, 2013 9:56 am | by Associated Press | News | Comments

Topsy pores through the stream of conversations occurring on Twitter to identify trends and people influencing public opinion. The San Francisco startup also runs a free search engine that boasts an index of every tweet posted since 2006, a resource that's not publicly available on Twitter's own online messaging service.

Report: Tablets to Eat Up 50 Percent of PC Market in 2014

November 26, 2013 11:21 am | by Ben Munson | News | Comments

Sticking desktops, laptops and tablets together into the client PC market, Canalys sees tablets grabbing almost 50 percent of the total in 2014. Canalys is forecasting total tablet domination, with 285 million units to ship next year and that number hitting 396 million by 2017. Unsurprisingly, Apple and Samsung are expected to lead the charge.

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