Tim Cook

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Bose Sues Beats For Patent Infringement: One More Headache For Apple

Jul 26 2014 6:11am CDT | Source: bidness etc

Bose Corporation, the producer of sound systems and headphones, filed a lawsuit in a US District Court in Delaware on Friday against Beats Electronics LLC, which was acquired by Apple Inc. (AAPL) this year. Beats has been accused of having violated five of the patents associated with Bose’s noise-blocking headphones technology. Bose claims to have spent as many as 50 years in extensive research and development to co ...
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Swatch CEO Denies Smartwatch Tie-Up With Apple

Jul 24 2014 12:06pm CDT | Source: bidness etc

Swatch Group AG (SWGAY), the world largest watchmaker has denied reports that it had joined hands with Apple, Inc. (AAPL) to produce a smartwatch, a timepiece that will be able to send and receive texts, phone calls and data. VentureBeat reported yesterday, that Swatch and Apple were working together to produce smartwatches. Following the rumors, Swatch’s stock price rose 4.2%, its highest gain in five mont ...
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Apple’s Swift Programming Language Paves New Path For iOS Ecosystem

Jul 24 2014 8:58am CDT | Source: bidness etc

In a recent World Wide Developer Conference attended by over 20 million people, Chief Executive of Apple Inc.(AAPL) Tim Cook introduced Apple’s new programming language Swift for app development on iOS and OS X. He also introduced iOS 8 and OS X Yosemite, the new operating systems for iPhone 8 and Mac respectively. After using Objective-C language for the last 30 years, Apple’s switch to the new programming language gives it the ability it to add, modify an ...
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Latest stories

Jennifer Lawrence splits from Nicholas Hoult
Los Angeles, Aug 2 (IANS) Actress Jennifer has reportedly broken up with her beau and actor Nicholas Hoult once again. | by IANS
 
Drew Barrymore's half-sister didn't commit suicide, says brother
Los Angeles, Aug 2 (IANS) Hollywood actress Drew Barrymore's half-sister Jessica, who was recently found dead inside her own vehicle in California, did not commit suicide, her brother insists. | by IANS
 
Pregnant Christina Aguilera shoots nude
Los Angeles, Aug 2 (IANS) Singer Christina Aguilera, who is expecting her second child, has stripped down to pose in her pregnant form. | by IANS
 
 

Apple Beats Earnings Estimates On China Sales

Jul 23 2014 10:26am CDT | Source: bidness etc

Apple Inc. (AAPL) announced earnings for the third quarter of its fiscal year 2014 (3QFY14), on Tuesday. For the quarter, Apple declared a net income of $7.7 billion or $1.28 per share. This is ahead of analysts’ expectations of $7.49 billion or earnings per share (EPS) of $1.22. Revenues missed analysts’ expectations however, coming in at $37.4 billion instead of $37.88 billion. Over the quarter, gross profit margin increased to 39.4% compared to 36.9% a year ago. Apple’s earnings f ...
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Apple Earnings Due Tomorrow: Expect Strong Results

Jul 21 2014 6:04pm CDT | Source: bidness etc

Apple Inc. (AAPL) is slated to announce third-quarter earnings tomorrow after the markets close. Expectations are high: the iPhone-maker has beat analysts’ expectations for five-consecutive quarters. Product Segments The iPhone was Apple’s biggest growth driver in the first half of 2014, contributing 57% of the total company’s revenues. Going forward it will continue to do so, with analysts expecting 35.88 million units to be sold in the ...
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Apple Could Sell More Than 40M iWatches At $300 Apiece: Analyst

Jul 14 2014 3:10pm CDT | Source: Deadline

I know, Apple hasn’t even confirmed that it will introduce an iWatch. Yet Wall Street is all about expectations, and Morgan Stanley’s Katy Huberty is so confident that the iWatch will be a hit that she raised her target stock price for the company today — helping it to touch a 52-week high of $96.89 before closing at $96.33, +1.2%. “We view the Apple ‘halo effect’ rather than the current watch market as the ...
Full article at: Deadline
 

 

Apple Gains On Barclays Upgrade

Jul 14 2014 10:54am CDT | Source: bidness etc

Apple Inc. (AAPL) has been upgraded by Barclays, from Equal Weight to an Overweight rating, with a price target of $110,which reflects an upside potential of 16% on Friday’s closing price. Barclays Analyst Ben Reitzes said Apple CEO Tim Cook had reinforced his strategy and regained confidence of stakeholders by neutralizing threats faced by the company. Reitzes has been bullish on Apple for more than a decade, until February this year, when he downgraded the s ...
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Apple Accused Of Being A Threat To China’s National Security

Jul 14 2014 6:57am CDT | Source: bidness etc

CCTV, China’s most influential broadcaster, accused the iPhone location tracking feature of infringing on the nation’s privacy. The Chinese government further claimed that Apple Inc. (AAPL) was actually working with the US government, and will reveal China’s economic situation as well as “state secrets.” Apple responded to this allegation by saying that it has never worked with any government agency, nor has it ever allowed anyone access to ...
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Google Has Its Eyes On Music-Streaming Service Songza

Jun 9 2014 7:14am CDT | Source: bidness etc

Google Inc. (GOOG) is looking to snaffle up music-streaming service Songza for $15 million, according to the New York Post, which cited two anonymous sources familiar with the matter. Songza, which has a user base of 5.5 million, is a theme-based music-streaming service which tailors playlists based on a number of factors. Although there exist numerous streaming services that provide song suggestions based on a user's listening history, Songza’s suggestions are instead curated to ...
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Latest from the Network

A 'surface' that controls fluids
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Jennifer Lawrence splits from Nicholas Hoult
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Drew Barrymore's half-sister didn't commit suicide, says brother
Los Angeles, Aug 2 (IANS) Hollywood actress Drew Barrymore's half-sister Jessica, who was recently found dead inside her own vehicle in California, did not commit suicide, her brother insists. Jessica was surrounded...
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Vote auditing of Afghan presidential elections postponed
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Pacific Rim exercises conclude in Hawaii
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Read more on Politics Balla
 
Microsoft sues Samsung for breach of trust
New York, Aug 2 (IANS) Microsoft filed a case against Samsung Electronics in a US court over breach of contract. The lawsuit accuses the South Korean company of not paying for cross-licensing of technology. The...
Read more on Business Balla