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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 07, 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 07, 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 06, 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 05, 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 08, 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 07, 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 07, 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 01, 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.

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