Apple Inc. (AAPL) to Pay Royalty to Nokia Over Patent Settlement

On Tuesday an analyst at Deutsche Bank estimated that Apple Inc. (NASDAQ:AAPL) would be paying out approximately 420 million euro ($608 million) lump-sum payment to Nokia upfront, after a settlement was reached for an ongoing patent litigation suit between the two companies. Based on earlier settlements pertaining to the tech industry, Nokia is expected to receive a 1 percent royalty rate … Read More

Apple Inc. (AAPL) Retail Head Ron Johnson To Join J.C. Penney as CEO

Apple Inc. (NASDAQ:AAPL) retail stores have witnessed huge growth over the last decade and now Ron Johnson, Senior VP of Retail Operations who helped Apple gain this success will be leaving the company to join J.C Penney as CEO. With 300 retail stores around the world Apple has been successful in creating a strong brand presence and creating a unique … Read More

Apple to Begin New MacBook Air Production this Month?

Next Gen Sandy Bridge MacBook Air Apple

Concord Securities analyst Ming-Chi Kuo in an interview today, told AppleInsider that Apple Inc. (NASDAQ:AAPL) has placed orders for the production of a total of 380,000 Sandy Bridge-based 11.6 and 13.3-inch MacBook Air models this month. Those who have been waiting for AAPL to include the Sandy Bridge chips don’t have to wait much longer, it’s only going to be a … Read More

Apple Inc. (NASDAQ:AAPL) Updates App Store Content Subscription Rules

iPad Subscription App Store Rules

Just days after Apple Inc. (NASDAQ:AAPL) announced Newsstand as a part of iOS 5, the company is now pulling the plug on parts of their old subscription rules after complaints from publishers. Apple’s controversial in app subscription policy forced publishers to provide better deals or in-app services at the “same price or less than it is offered outside the app,” … Read More

Apple Signs Universal Music for Upcoming Cloud Based Service [iCloud]

Apple Universal iCloud Deal

Apple has cut a licensing deal with Universal Music Group according to the latest report published by CNET. This will enable Apple’s iCloud music store to offer songs from the largest of the four top record companies. It is widely believed that Apple has now signed deals with all the top four record companies as well as major music publishers, … Read More

Apple’s ‘iCloud’ Icon Revealed Ahead of WWDC Keynote Event

iCloud icon revealed

Apple has started decorating the Moscone West conference center in San Francisco as it does before every event, and even went a step further by setting up a banner of the “iCloud” service in clear daylight. The picture above, which appears to have been taken by someone looking into the conference center, shows the words ‘iCloud’ in Apple’s classic font, … Read More

Apple Takes Ownership of iCloud.com

Apple on Wednesday took ownership of the domain “iCloud.com”. The domain name was earlier believed to be obtained by Apple Inc., however, now Apple has already confirmed that they will be announcing their upcoming cloud based services during WWDC keynote presentation. iCloud.com was rumoured to have been sold to the Cupertino outfit for $4.5 million. This change in ownership now … Read More

Apple Applies for “iCloud” Trademark in Europe

We have been discussing Apple’s upcoming cloud services called “iCloud” for a while and now just before the WWDC keynote event its showing all signs of coming to life. Patently Apple recently reported that Apple Inc. has applied for “iCloud” trademark in Europe under “12 distinct international classes” which cover a wide range of services the company could offer. In … Read More

Apple’s iCloud to Include Movies and TV Shows? [WWDC]

Earlier today, Apple announced that Steve Jobs will take the stage at next week’s Worldwide Developers Conference (WWDC). They even took a step further, pre-announcing that Jobs will introduce the company’s “iCloud” service. So far, any news on Apple’s iCloud service mentioned Apple striking deals with music labels and publishers, the idea of movies and TV shows were never really … Read More

Apple’s Allegation Will Not Be Legally Problematic – Samsung

We recently reported that Samsung filed a notion requesting the court to ask Apple to show prototypes of iPhone 5 and iPad 3 as a part of the “discovery process”. Apple earlier this year filed a lawsuit against Samsung alleging that it had copied the look and feel of iPhone. During a recent interview with WSJ the chief of mobile … Read More

Samsung Lawyers Ask Apple To Show iPhone 5 / 4S and iPad 3

Samsung Apple iPAd 3 iPhone 5

Apple recently filed a lawsuit against Samsung for copying their products, user interface, packaging design and technology which are in “violation of Apple’s valuable intellectual property rights.” Samsung isn’t the only company against which Apple has filed lawsuits, the Cupertino outfit is currently fighting in court against several other Android based handset manufacturers including HTC and Motorola. We recently reported … Read More

New Details About Apple’s iCloud Music Locker Service Emerge

Apple’s iTunes truly revolutionized the digital music industry and now it seems that they are ready to take it to the next level with ‘iCloud’ music streaming service. We recently reported that Apple has closed licensing deals with three out of the four major music labels for their soon to be announced digital music locker service. This gives Apple great … Read More