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First News Briefs for January 31, 2013

January 31, 2013 9:21 am | by Wireless Week Staff | News | Comments

MetroPCS Communications, Inc. today announced the launch of the Spirit 4G, a 4.5-inch touchscreen Android smartphone from LG Electronics. The Spirit 4G features  4G LTE connectivity for $199 after mail-in rebate with no annual contract.

Samsung 4Q Profits Jump 76 Percent on Galaxy Sales

January 25, 2013 10:47 am | by Andrew Berg | News | Comments

A doubling of profits from Samsung's Galaxy line of smartphones boosted the company's overall fourth quarter profits by nearly 76 percent over the previous quarter. Samsung recorded net profits for the fourth quarter of $6.6 billion...

Analysts to Apple: Bend Your Knee to Wall Street

January 25, 2013 9:59 am | by Peter Svensson, AP Technology Writer | News | Comments

Apple needs to start making nice with Wall Street, analysts said Thursday as investors hammered the company's stock. The sell-off put Apple a hair's-breadth away from losing its status as the world's most valuable company. At Thursday's close, it was worth $423 billion, just 1.6 percent more than No. 2 Exxon Mobil Corp.

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LG Display Posts Profit but iPhone Dims Outlook

January 24, 2013 9:44 am | by Youkyung Lee, AP Technology Writer | News | Comments

LG Display reported a $299 million profit for the fourth quarter Thursday thanks to mobile product launches by key customers including Apple Inc. but warned that earnings will decrease in the current quarter as demand for iPhones wanes...

Report: Samsung Edges Apple in Chip Demand

January 24, 2013 9:37 am | by Andrew Berg | News | Comments

Samsung has become a couch potato, gobbling up more chips than even Apple, according to new research from Gartner. Samsung and Apple together consumed $45.3 billion of semiconductors in 2012, an increase...

Apple Earnings, Guidance Disappoint, Stock Plummets 10 Percent

January 23, 2013 6:03 pm | by Andrew Berg | News | Comments

Investors weren't impressed with what Apple had to say in its fiscal first quarter earnings call Wednesday. Shares fell over 10 percent to $460 in aftermarket trading on lowball guidance and a rare dip in quarterly profits, as well as diminishing margins...

Can Apple Maintain Its Shine?

January 23, 2013 8:54 am | by 
Peter Svensson, AP Technology Writer | News | Comments

For many investors, Apple's best days are behind it. Competitors are catching up, they believe, and the latest iPhone is stumbling. The company's doubters have backed their conviction with billions of dollars. Last week, the stock fell below $500...

Apple Retail VP Jerry McDougal Resigns

January 16, 2013 9:50 am | by Ben Munson | News | Comments

Jerry McDougal, who was serving as Apple's VP of retail, has resigned. He's being replaced by Jim Bean, the former Apple VP of finance. AllThingsD confirmed with Apple McDougal's departure. McDougal was one of a handful of candidates to replace the recently departed SVP of retail, John Browett.

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Facebook Announcement Stirs More Handset Speculation

January 14, 2013 11:33 am | by Andrew Berg | News | Comments

Speculation is running rampant around the Facebook media event scheduled for tomorrow. The hubbub around a possible big announcement has even sent the company's struggling stock up above $30 per share. Perhaps the biggest surprise possible tomorrow would...

Apple Snags Xerox Exec for Controller Post

January 11, 2013 10:00 am | by Andrew Berg | News | Comments

Xerox today announced that Luca Maestri, executive vice president and chief financial officer, is leaving the company, effective February 28, to assume the role of corporate controller at Apple. Maestri will replace Betsy Rafael who left Apple in October...

Apple CEO: China Will Be Biggest Market

January 11, 2013 9:05 am | by Joe McDonald, AP Business Writer | News | Comments

Apple expects China to overtake the United States as its biggest market, CEO Tim Cook told a Chinese government news agency. "China is currently our second largest market. I believe it will become our first. I believe strongly that it will," the Xinhua News Agency quoted Cook...

New Lego Robotics Kit Talks to iPhones

January 7, 2013 9:54 am | by Peter Svensson, AP Technology Writer | News | Comments

Lego is set to announce Monday that a new, $350 Mindstorms EV3 kit will have the ability to talk to iPhones, iPads and iPod Touches through Bluetooth wireless connections. That means Lego builders can use the devices as remote controls for their robots, or create simple programs that are then sent to the robots to control their actions.

Report: Apple Edges LG in OEM Market Share

January 3, 2013 2:59 pm | by Ben Munson | News | Comments

Fully 18.5 percent of U.S. mobile subscribers used Apple devices, according  to ComScore's new three-month study, which covers the period from August through November 2012. Apple barely edged out LG, which took 17.5 percent in the same study. Motorola and HTC both saw small share declines, dipping to 10.4 and 5.9 percent, respectively.

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Judge Rules Samsung Can't Keep Sales Data from Apple

January 2, 2013 10:30 am | by Ben Munson | News | Comments

U.S. District Judge Lucy Koh last Sunday denied Samsung's request to keep certain sales numbers secret from Apple as the two company's U.S. Patent dispute continues to play out. According to a Bloomberg report, "Koh ruled on Dec. 10 that Samsung must file an exhibit which lists the total number of units of certain Samsung products sold during certain time periods."

China Court Orders Apple To Pay in Rights Dispute

December 28, 2012 9:18 am | by 
Joe McDonald, AP Business Writer | News | Comments

A Chinese court has ordered Apple Inc. to pay 1.03 million yuan ($165,000) to eight Chinese writers and two companies who say unlicensed copies of their work were distributed through Apple's online store. The Beijing No. 2 Intermediate People's Court ruled Thursday that Apple violated the writers' copyright...

Judge Denies Apple Request to Ban Samsung Phones

December 18, 2012 9:22 am | by Paul Elias, Associated Press | News | Comments

A federal judge late Monday rejected Apple Inc.'s demands that its chief rival in the more than $100 billion global smartphone market cease selling models a jury recently found illegally used Apple technology. The immediate impact of the ruling means that Samsung can continue to sell three of the older-generation smartphones still on U.S. shelves.

Could Auto Correct Jeopardize Public Safety in a Text-to-911 Situation?

December 12, 2012 5:05 pm | by Ben Munson | Blogs | Comments

Thus far it appears the feature has only caused minor suffering to those sending the texts and major amusement for everyone reading them. But, in all seriousness, what would happen if Auto Correct turned your extremely urgent and vital emergency text into an incoherent mess?

Report: Kodak Gets Patent Bid from Apple, Google

December 11, 2012 11:09 am | by Associated Press | News | Comments

Apple and Google, bitter rivals in smartphone technology, have joined up to make a combined bid for a bundle of patents offered by photography pioneer Kodak, according to a published report. Bloomberg News reported Saturday that Apple Inc. and Google Inc. have abandoned competing bids for the portfolio to offer a combined $500 million.

iSolated: Bad Apple Maps Directions Lead to Desert

December 11, 2012 10:55 am | by Kristen Gelineau, Associated Press | News | Comments

The city of Mildura is not at the end of a dirt road in the Australian bush, in tire-choking desert sand far from food and water. Unfortunately, Apple's much-maligned mapping application thinks it is. Australian police say the app is "potentially life threatening" because of the bad directions it has given to the southern city.

Why Is Wall Street Losing Its Appetite for Apple?

December 10, 2012 9:46 am | by Michael Liedtke, AP Technology Writer | News | Comments

Apple began selling the iPhone 5 on Sept. 21, the same day the company's stock hit an all-time peak of $705.07 per share. Since then, the stock has plunged more than 20 percent, trimming the company's market value by more than $150 billion. On Friday afternoon, shares were trading at around $534.

Apple's Softer Side Emerges Under CEO Cook

December 7, 2012 9:37 am | by Peter Svensson, AP Technology Writer | News | Comments

Though the metal edges of its PCs and mobile devices are as sharp and severe as ever, Apple is emerging under Cook's leadership as a kinder corporate citizen. Cook's announcement this week that the company is moving the production of one of its Mac computer lines to the U.S. is just the latest step in a softening of the company's image following the October 2011 death of CEO and co-founder Jobs.

Ahead of the Bell: Apple

December 6, 2012 9:42 am | by Associated Press | News | Comments

Apple shares continued to slide for a second day before the opening bell, a day after the company posted its worst one-day stock drop in four years. On Wednesday, the Cupertino, Calif.-based company's shares closed down 6 percent at $538.79, erasing $35 million in market capitalization. Speculation abounded as to the cause.

Galaxy S III Takes Smartphone Crown from Apple

November 8, 2012 6:08 am | by Andrew Berg | News | Comments

As Apple’s share price plummets in the face of missed third quarter earnings, Samsung’s Galaxy S III smartphone is crowned the world’s best-selling smartphone ever.

Apple, Samsung Boast Device Sales Numbers

November 5, 2012 6:13 am | by Andrew Berg | News | Comments

Apple and Samsung tout tablet sales numbers.

Apple's $8.2 Billion Profit Disappoints Wall Street

October 26, 2012 7:47 am | by Andrew Berg | News | Comments

Apple's fiscal fourth quarter financials couldn't keep pace with Wall Street's expectations.

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