The web is swirling from news of Apple Inc. (NASDAQ:AAPL) acquiring mapping company, C3 Technologies in an effort to beat out competition with Google’s Map data, currently available on all iPad, iPhone, and iPod touch models. AAPL has been relying upon Google to provide iOS users with map data and location based services, something that Apple Inc. is trying to … Read More
Apple Inc. (AAPL) Reports Highest Q4 Revenue and Earnings Ever
Apple Inc. (NASDAQ:AAPL) on Tuesday announced financial results for the fourth quarter of 2011. Apple posted quarterly revenue of $28.27 billion and quarterly net profit of $6.62 billion, or $7.05 per diluted share. In the year-ago quarter the company generated revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share. The gross margin was 40.3 percent … Read More
Apple Inc. (AAPL) Q4 2011 Earnings Call Set For October 18th
On Thursday, Apple Inc. (NASDAQ:AAPL) sent out a press release for their Q4 2011 Earnings conference call, scheduled for October 18th. AAPL will announce, with this conference call the earnings for the fourth fiscal quarter of the 2011 year, which is the third calendar quarter. The conference call will go live around 5PM Eastern/ 2PM Pacific and will be available for … Read More
Apple Inc. (AAPL) Opens Online Stores for Czech Republic, Hungary, Poland, UAE
Apple Inc. (NASDAQ:AAPL) online stores have been in the United States and many other countries since it’s introduction. Now, the company has opened its Online Stores even in the Czech Republic, Hungary, Poland, and UAE. AAPL has been branching out its stores and products all around the world in recent months and has been opening up more retail stores in … Read More
Steve Jobs Resigns as Apple CEO, Continues as Chairman and Director
In a letter to Apple’s (NASDAQ:AAPL) Board of Directors, Steve Jobs publicly announced on Wednesday that he is resigning from his current CEO position and requested to remain Chairman of the Board. Before resigning, Jobs recommended Tim Cook to be the new CEO of the Palo Alto company. Jobs is still expected to be part of Apple and will help the … Read More
Apple Inc. (AAPL) Sues Motorola in Europe Over Xoom Android Tablet Design
Apple Inc. (NASDAQ:AAPL) recently won a preliminary injunction against the Samsung Galaxy Tab 10.1 in Germany. Now, with that in the past, Apple Inc. is suing Motorola over their XOOM tablet in Europe over the same design infringement claims that they previously toted. The latest suit was mentioned in Apple’s complaint against Samsung and later discovered by FOSS Patents. Apple filed … Read More
Apple Overtakes Nokia in Global Smartphone Market Share
According to market research firm Strategy Analytics, Apple Inc. (AAPL) overtook Nokia in global smartphone market share during the second quarter. Apple has now become worlds largest smartphone manufacturer as Nokia slipped to number three and Samsung coming close at second position. The global smartphone market saw 110 million units being shipped which represented 76% growth. Apple shipped 20.3 million … Read More
Apple Inc. (AAPL) to Acquire Barnes & Noble?
According to a report published by BGR, Apple Inc. (NASDAQ:AAPL) may be interested in acquiring Barnes & Noble. The report notes that the latest rumor has come from an “unproven source”. We received a tip from an unproven source claiming to have knowledge of discussions within Apple to possibly purchase Barnes & Noble… This unproven source also said that iTunes 11 … Read More
HTC Ready to Strike Deal with Apple Inc. (AAPL) over latest Patent Dispute
According to a recent report published by Bloomberg Taiwan based smartphone maker HTC Corp. is willing to discuss matters related to patent dispute with Apple Inc. (AAPL). ITC (International Trade Commission) in its initial determination ruled two patent lawsuits in Apple’s favor which has resulted in concern over the profit margins for HTC. HTC’s CFO, Winston Yung, reportedly said, “We … Read More
Apple Inc. (AAPL) Surpasses Nokia to Become World’s Top Smartphone Vendor
A report from The Financial Times today mentioned that Apple Inc. (NASDAQ:AAPL) has surpassed Nokia to claim the spot for world’s top smartphone vendor. Apple Inc. experienced rapid growth with the introduction of it’s iPhone 4 while Nokia experienced a sharp decrease in manufacturing and production. AAPL had the ability to close out a 5.5 million unit deficit during the … Read More
Mac OS X Lion Launching Tomorrow Apple (AAPL) Confirms During Q3 Earnings Call
During Apple’s Q3 conference call, the company’s CFO, Peter Oppenheimer confirmed that Mac OS X Lion would be launching tomorrow. Other subjects covered during Apple’s (NASDAQ:AAPL) conference call included sales of Macs, iPods, iPhone, and iPad. Apple (AAPL) reported a growth in sales over last quarter with over 3.95 million Macintosh computers during the quarter, an increase of 14%, 3.34 iPhone … Read More
Microsoft (MSFT) to Open 75 Retail Stores to Compete with Apple (AAPL)
According to a new report published by Neowin Microsoft (NASDAQ:MSFT) has unveiled plans at their Worldwide Partner Conference for an additional 75 stores in the US, bringing the grand total of retail stores to 86 stores. Apple (NASDAQ:AAPL) has around 350 retail store locations and continues to add stores in cities all over America, allowing the company to stay ahead of the … Read More
Apple Inc. (AAPL) chief patent counsel to leave company
Apple Inc. (NASDAQ:AAPL) chief patent lawyer is expected to leave the company according to a recent report published by Reuters. Apple has reportedly lined up a replacement and has set up the new patent lawyer to take on the many cases the Company has filed has had over the past few months. Richard “Chip” Lutton Jr., the current Chief Patent lawyer … Read More
Apple (AAPL) Plans New Retail Store in El Paso
ifoAppleStore recently reported that Apple Inc. (NASDAQ:AAPL) is planning to open a new retail store in El Paso, Texas, roughly two miles from the border of Mexico. The store is planned to be built on the ground floor of the local Cielo Vista Mall, which makes up about 16% of retail sales in El Paso. Nearby, in another location in … Read More
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