Tag: Apple Inc.

Asia markets stage slight recovery but tech firms soured by Apple

HONG KONG, China (AFP) — Most Asian markets rose Thursday after the previous day’s sharp losses but technology firms fell after Apple slashed its revenue forecasts blaming slowing China sales. The yen pared early sharp gains from a flash crash, which saw the dollar briefly plunge to its lowest level since March after the Apple announcement, while the Australian dollar hit a 10-year low against the greenback. Investors trod cautiously as bargain-buyers capitalized on Wednesday’s […]

Apple, Amazon bid for James Bond film rights- Hollywood Reporter

LONDON, England (Reuters) — The film franchise features Bond, James Bond. And Apple Inc and Amazon.com Inc have joined a bevy of suitors bidding for distribution rights for the lucrative movies depicting the exploits of Britain’s famed fictional spy, the Hollywood Reporter said on Wednesday (September 6). Mega-retailer Amazon.com and iPhone maker Apple are hoping to gain a strong foothold in Hollywood. Their competition for the Bond film distribution rights includes Time Warner Inc’s Warner […]

Apple antitrust suit: Qualcomm overcharged ‘billions’

by Glenn CHAPMAN SAN FRANCISCO, United States (AFP) — Apple on Friday sued Qualcomm, accusing the California chipmaker of abusing its market power to demand unfair royalties, echoing charges filed days earlier by US antitrust regulators. Tech giant Apple said in the court filing that it has been overcharged “billions of dollars” by its chipmaking partner’s “illegal scheme.” The company also claimed Qualcomm owes it a billion dollars but is refusing to pay in retaliation […]

FBI hacks attacker’s iPhone, drops Apple suit

by Jocelyne ZABLIT The FBI has unlocked the iPhone used by one of the San Bernardino attackers, officials said Monday, ending a heated legal standoff with Apple that had pitted US authorities against Silicon Valley. Apple, backed by a broad coalition of technology giants like Google and Facebook, was fiercely opposed to assisting the US government in unlocking the iPhone on grounds it would have wide-reaching implications on digital security and privacy. A key court […]

Apple fight on iPhone access extends to other cases

WASHINGTON, United States (AFP) — Apple is battling the US government over unlocking devices in at least 10 cases in addition to its high-profile dispute involving the iPhone of one of the San Bernardino attackers, court documents show. The existence of other court fights supports Apple’s argument that the legal case in California is about more than a single iPhone. Apple provided a list of cases where it is opposing the US Justice Department’s requests in a […]

Apple sees first sales dip in more than a decade as super-growth era falters

Apple Inc forecast its first revenue drop in 13 years and reported the slowest-ever increase in iPhone shipments on Tuesday (January 26) as the critical Chinese market showed signs of weakening, suggesting the technology company’s period of exponential growth may be ending. The slowdown comes as Wall Street analysts worry the company does not have another blockbuster product to replace the iPhone. Apple does not report Watch sales, but it does not appear to have […]

Apple loses patent lawsuit to Univ. of Wisconsin, faces hefty damages

Apple Inc could be facing up to $862 million in damages after a U.S. jury on Tuesday (October 13) found the iPhone maker used technology owned by the University of Wisconsin-Madison’s licensing arm without permission in chips found in many of its most popular devices. The jury in Madison, Wisconsin also said the patent, which improves processor efficiency, was valid. The trial will now move on to determine how much Apple owes in damages. Representatives […]

Fans and a robot queue for new iPhone 6s in Sydney

The new iPhone 6s and 6s Plus hit stores on Friday (September 25), drawing dozens of people in Sydney despite heavy rain, kicking off a global sales cycle that will be scrutinized for signs of how much juice Apple’s marquee product has left. Apple has a tough act to follow after the success of the iPhone 6, but sales are expected to benefit this year from the inclusion of the Chinese market, where the gadget’s […]

Apple’s new iPhone pre-orders boom in China

The demand for Apple’s latest addition – iPhone 6s is much stronger in China as compared to other parts of the world, including the U.S., according to the latest data unveiled by Apple’s news blog. The inventory blog of iPhone tracked the back-order status of various iPhone models by screen shots of Apple’s estimated waiting time. On Sept 12, shipping waiting time for the new iPhone 6s Plus in China stood at three to four […]

Apple’s latest product push

SEPTEMBER 11 (Eagle News) — Apple wants you to spend a lot more time looking at screens. They were everywhere at the company’s big special event in San Francisco. New iPhones, a bigger iPad, the iPad Pro, and new features on its watches and the biggest screen of them all: Apple tv. “I think, the TV was the buried lead here. I think, the idea of having a new, more apple-like TV experience is going […]

Impact of Apple’s change of heart on music service

JUNE 23 (Reuters) — In a year in which Taylor Swift’s star has risen in to the upper stratosphere, her biggest victory may have been watching Apple ‘blink” after the pop star called out the tech giant for its initial policy of refusing to pay artists during free trials of its new Apple Music streaming service. Apple’s change of heart came after the 25-year-old singer posted on Tumblr that she’d hold back her latest hit […]

Taylor Swift’s ‘1989’ will not be offered on Apple Music

JUNE 22 (Reuters) — Pop star Taylor Swift will not be making her hit album “1989” available on Apple Inc’s upcoming streaming service, the singer’s label said on Friday (June 19). Apple Music, which will launch at the end of June, will offer subscribers a large catalog of songs for a subscription fee of $10 a month, but Swift’s “1989,” her fifth studio album; will not be offered on any streaming service, her label Big […]