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Apple Exec Points Finger at Publishers in E-Book Trial
June 15, 2013
Apple SVP Eddy Cue gave testimony Thursday in the e-book price-fixing trial under way in the New York U.S. District Court. Cue, who was Apple's primary negotiator with most of the publishers during the run-up to the launch of iBookstore in 2010, told the court that it was not surprising that publishers began increasing pricing for e-books after Apple entered the market.
WWDC 2013: All About Managing Expectations
June 12, 2013
There was no shortage of news coming out of Apple's annual Worldwide Developers Conference this week, including a glimpse at the next generation of iOS. On the hardware front, meanwhile, the company revealed it will launch a new desktop computer and a refreshed MacBook Air line. Then, of course, there was its new streaming radio application.
Early Salvos Launched Ahead of Cybersecurity Talks
June 7, 2013
President Obama and Chinese President Xi Jinping will soon meet to talk cybersecurity, but plenty of people on either side are talking already. A day after China's claim that it has data proving U.S. hackers have been attacking the Middle Kingdom, U.S. officials say Chinese hackers orchestrated "a massive cyberespionage operation against the 2008 presidential campaigns" of Obama and McCain.
Amazon Polishes Apple's case at E-Book Trial
June 7, 2013
The antitrust trial pitting the DoJ against Apple over fixing e-book prices began this week, and it didn't take long for the company's lawyers to poke a hole in the government's case. On Wednesday, they showed through questioning that a key element of the DoJ's case had less to do with Apple colluding with publishers to hike e-book prices than with standard business practices.
ITC Slaps Apple in Samsung Infringement Case
June 6, 2013
The U.S. International Trade Commission has partially reversed an earlier ruling and found that Apple infringed one of Samsung's patents after all, leading it to ban the import of certain older iPhones and iPads. The ban includes such products as the iPhone 4, iPhone 3GS, original iPad 3G and iPad 2 3G. The iPhone 5 and the fourth-generation iPad remain unaffected.
Apple Battles E-Book Charges
June 5, 2013
Apple's trial for alleged e-book price-fixing is under way, and the tech giant has said it is not going down without a fight. The suit, brought by the U.S. Department of Justice about a year ago, claims that Apple and five other major publishers engaged in a conspiracy to fix e-book pricing. The alleged conspiracy began in 2009, when Amazon released its Kindle.
Tim Cook's Lips Zipped on Apple's Next Big Thing
May 29, 2013
CEO Tim Cook took the stage for an interview at D11, reiterating his faith in Apple's direction without divulging any secrets or bold plans. Cook fielded questions about whether Apple has lost its touch recently, as it has been faced with a plunging stock price, increased competition from rivals, persistent patent and antitrust battles, and an investigation into its corporate tax policies.
Apple Stews in EU Pressure Cooker
May 29, 2013
The European Union reportedly is launching an antitrust investigation into Apple's iPhone sales tactics. Company CEO Tim Cook may have made it through last week's congressional hearings on the company's corporate tax policies relatively unscathed, but that doesn't mean the regulatory pressure is off for the tech giant. The EC last week sent several telecom operators a nine-page questionnaire.
European Commission Probes Apple's Tactics
May 28, 2013
The European Commission is taking a closer look at whether Apple is engaging in unfair sales practices. The EC, which is the executive branch of the European Union, sent a questionnaire last week to several European mobile network operators probing Apple's distribution terms -- specifically, whether those terms preclude rivals from offering a better sales deal.
Senators Piling on Apple's Taxes Are Missing the Point
May 23, 2013
So is Apple a tax-dodging evil company with a dark heart? No. The answer is no. However, Apple is certainly a corporation, and all corporations are driven first and foremost by profit -- no matter what the company says about the joy of making great products. Astoundingly passionate and driven individuals, who sometimes run corporations, might be driven by the joy of creation.
Cook Plays Defense Against Senators Over Apple's Taxes
May 22, 2013
Apple CEO Tim Cook defended his company's tax policies in Congress Tuesday, after the Senate released a report that condemned it for tax policies that used global subsidiaries to avoid paying billions in U.S. taxes. Apple dodged taxes on as much as $44 billion in foreign income from 2009 to 2012, the report alleges.
Apple's Cook Heads to Washington to Talk Taxes
May 17, 2013
Apple CEO Tim Cook is scheduled to appear before a U.S. Senate committee next week to answer questions about his company parking profits offshore. In a notice for the May 21 hearing, the Permanent Subcommittee on Investigations said "representatives of a multinational corporation" would be appearing at the event, but a witness list wouldn't be available until Friday.
The Hot Mess That Is Apple's E-Book Legal Fight
May 16, 2013
The U.S. Justice Department is painting Apple as the "ringmaster" of an e-book price-fixing conspiracy. The news came out in court filings made public earlier this week as the DoJ prepares to do battle with the only member of the so-called conspiracy unwilling to admit wrongdoing and take a public spanking.
Apple Tries Patent Fight to Cool Off Samsung's Hot New Phone
May 15, 2013
Apple is attempting to add Samsung's Galaxy S4 smartphone to its list of infringing products in its ongoing California patent lawsuit. The hope is to strike down its rival's latest smartphone before it can penetrate the market. Apple's claims against Samsung are nothing new. However, the patent process can be slow compared to an industry that's moving fast.
iPad Mini Sales Spat Puts Focus on Apple Suppliers
May 10, 2013
Don't blame Jason Cheng for the latest news that iPad mini sales may be declining in the second quarter. Cheng is CEO of Pegatron, an Apple supplier based in Taiwan, who this week reportedly blamed declining iPad mini sales for contributing to the company's flagging revenues. Cheng denies he made any comments about the iPad mini or any other specific product.
Apple Basks in Bullish Reviews From Wall Street Media Giants
May 8, 2013
Apple's fall from grace on the stock market over the past six months has been well documented, but investor confidence seems to have taken a turn for the better over the past week. The company worked its way onto two high-profile lists. It was the top company on Barron's 500 list, up from its second-place finish in 2012 and fourth in 2011.
Taiwanese University Sues Apple... Again
May 7, 2013
National Cheng Kung University may not have a fight song -- but it is definitely willing to fight. For the second time in a year, the Taiwanese university has sued Apple. The most recent suit is for alleged infringement of the university's patents relating to video compression technology in Apple software such as FaceTime and QuickTime.
EC Objects to Motorola Following Letter of German Law
May 7, 2013
The European Commission has lodged a statement of objections against Motorola Mobility, the first formal step in an antitrust action. The EC is objecting to Motorola's attempt to enforce an injunction it won against Apple in Germany over use of its standard-essential patents. The EC contends that Motorola Mobility is harming consumers with its injunction.
A Bond Sale Today Keeps Apple's Taxman Away
May 1, 2013
A week after announcing its first drop in quarterly earnings in a decade, Apple is selling $17 billion in bonds to fund a $100 billion buyback program for its stakeholders. The sale will be the largest non-bank bond deal ever. The move was somewhat unexpected coming from a company with $145 billion in cash on hand and no debt, a rarity among tech companies.
The Tim Cook Earnings Show Needs an Edge
April 25, 2013
I admire Tim Cook's unflagging patience with investors and analysts during quarterly conference calls. However, I'm starting to wonder if his subtle digs and point-by-point comments are enough for a guy who's stuck on the biggest tech company stage in the world right now. I just wish he would conduct these calls while languidly sharpening a knife. In fact, I want the guy to pull out a freaking sword.
Apple's Mixed Earnings Bag Includes Stock Sweetener
April 24, 2013
For any company in the world, a quarter with revenues of $43.6 billion and profits of $9.5 billion would be cause for celebration. Unfortunately, Apple isn't any company. "Apple beat highly lowered expectations for the quarter," said Trip Chowdhry, managing director for equity research at Global Equities Research. Apple's numbers disappointed financial analysts.
Apple's Q1 Beats Wall Street, but Breaks a Profit Streak
April 24, 2013
Apple dominated the earnings roundup this week. Investors braced for a quarterly report that could determine whether the company's stock heads back towards last September's highs -- or continues its 40 percent-plus decline. Expectations weren't stellar for Apple before the Q1 report, but the company did barely beat analyst estimates thanks to high sales for iPhones and iPads.
Cook Replacement Rumors Smolder
April 22, 2013
Steve Jobs left big shoes to fill, and rumors circulated this week that Apple CEO Tim Cook may not be living up to expectations. This comes as Apple's stock closed at a 52-week low last Friday. Adding to the company's misery, Apple reportedly has earned the nickname "Poison Apple" with some Asian suppliers who are finding its high standards and low price expectations somewhat hard to meet.
Analysts: What's Ailing Apple Isn't Contagious
April 19, 2013
Apple's stock plunge this week to its lowest levels in a year has the financial community bracing for the company's earnings announcement next week. That stock drop is raising questions about whether the company's problems will worm their way into other corners of the Apple universe. For example, Verizon Wireless -- a key carrier partner for Apple -- announced this week that it sold 4 million iPhones in Q1.
Analyst: Slack Demand Sours Apple's Outlook
April 12, 2013
Wall Street continues to take a jaundiced view of Apple's fortunes for the year, as shown in the latest research note on the company from Morgan Stanley, which revised its estimates Thursday for Apple shipments of iPhones and iPads. Shipments of the iPhone for the quarter ending in March will be around 33 million, down from its original estimate of 37 million.
Rubber Band Patent Rejection Could Bounce Apple Back to Court
April 3, 2013
Apple apparently is not accepting the recent ruling by a U.S. patent examiner invalidating a patent it successfully used in a suit against Samsung. The "final" action does not signal the end of reexamination at the U.S. Patent and Trademark Office, the company argues in a filing submitted Tuesday. Nor does it mean there will be no further consideration or reexamination of the patentability of the claims.
Cook's Apology Part of China Brand Rehab
April 2, 2013
Apple CEO Tim Cook issued a public apology to customers in China this week following nationwide criticism over the way the company handles warranty and return policies in the country. For the past two weeks, several media outlets in China have run stories claiming that Apple's customer service policies, particularly in regards to the iPhone, leave much to be desired.
Street View Creeps Through Post-Tsunami Japanese Ghost Town
March 28, 2013
Google Street View has had its share of intrepid adventures -- Antarctica, say, or Everest Base Camp. However, the Google Maps service has a sober side, too. Street View just unveiled startling images of Namie, a Japanese town firmly planted inside the evacuation zone described in the wake of the Fukushima nuclear power plant disaster.
Beyond the Grave, Onto the Smartphone
March 25, 2013
A cemetery in Shenyang, the capital of China's Liaoning Province, will become, for lack of a better term, interactive. With mobile devices, people will be able to scan a quick response code on graves of people whose relatives have requested the feature. Scanning this code will allow visitors to learn about the person's life; they can also access a Web page where relatives and friends can upload photos or video.
THX Blasts Apple With Lawsuit
March 20, 2013
THX filed a lawsuit against Apple last week, claiming that the company's consumer electronics are infringing on one of its sound patents. The sound technology company, founded by George Lucas, alleges that some models of the iPhone, iPad and iMac devices violate a THX patent regarding a "narrow profile speaker."
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I plan to do my holiday shopping…
Online only -- I like the convenience and comfort.
Online only -- I'd shop in stores if their stock weren't so limited.
At brick-and-mortar stores only -- I like to see what I'm getting.
At brick-and-mortar stores only -- I enjoy the holiday shopping atmosphere.
At brick-and-mortar stores only -- I want to support local merchants.
Online and in stores -- I want the best of both worlds.
I'm not planning on doing any holiday shopping.