Apple

Analyst Scott Devitt at Morgan Stanley has reported that Apple is charging almost $1 billion each year from Google for making it the default search engine on iOS devices (via Business Insider). While some analysts have previously estimated that Apple has a revenue sharing deal with Google on iOS search, Devitt believes Apple would rather has a fee...

Apple executives were formally summoned on Monday to explain personally in front of a Australian parliamentary committee in Canberra on 22 March why Australian consumers need to pay so much more for their products despite, having a stronger currency. (more…)

An interesting addition to the already growing iWatch rumours dissecting its potential is offered by Bruce Tognazzini, Apple employee No. 66 and founder of Apple's Human Interface Group. According to his blog post covering what the iWatch could mean, he says an Apple-signed watch could "have a profound impact on our lives and Apple's fortunes"....

Dr. Lee Jeung-jil, a former senior researcher at LG Display who was in charge of researching OLED printing technology, has recently been recruited by Apple, according to oled-info.com, a website dedicated to OLED-related information (via BrightWire). Dr. Lee, who was apparently involved with printing technology research, worked at P-OLED pioneer firm Cambridge Display Technology, before joining LG Display. Apple has been...

Owning about 1.3 million Apple shares worth $600 million at current values, and predicting that the company's market value would hit $1 trillion in the future, star hedge fund manager David Einhorn was counted as THE Apple advocate in Wall Street. (more…)

Last year, U.S. Department of Justice filed a lawsuit against Apple and publishers Hachette SA, HarperCollins, Macmillan, Penguin and Simon & Schuster over alleged ebook price collusion. While the DOJ has already settled with all other companies accused, Apple is now left alone fighting the lawsuit, AllThingsD reports.  Macmillan, the last company to settle with DOJ, has agreed...

Apple's No. 1 employee – who now has only very limited contact with the company – Steve Wozniak, thinks Apple has fallen somewhat behind with features in the smartphone field, allowing competitors to close the gap. He shared his thoughts about Apple, how they picked up the name, and where the company stands right now,...

Earlier today Greenlight Capital urged Apple to return more of its $137 billion cash war chest back to investors, with president and co-founder David Einhor saying "Apple must examine all of its options to unlock the growing value of its balance sheet for all shareholders." In response, Apple has just pushed a response to Greenlight Capital...

Apple investor Greenlight Capital Inc.'s president and co-founder David Einhorn has outlined in the company’s annual statement that Apple should return more of its $137.1 billion in cash to shareholders, Bloomberg reports. He added that he joins other investors in saying that Apple is hanging on to too much of its "cash hoard", which equates to about $145 per share....

The State of Mobile Advertising report signed by Opera (via The Next Web) shows that Android has recorded an impressive growth in terms of ad impressions, but iOS users bring most of the profit to mobile advertisers, with Canada ranking No. 6 among the top 20 countries by impressions. (more…)

For Apple, security was and will always be among the top priorities, and that starts the moment you slide to unlock the device. And as the recently granted patent shows, Apple is indeed working on image identification to properly recognize authorized users. (more…)

Apple has announced this morning the iTunes Store has sold a record 25 billion songs. The 25 billionth song was purchased in Germany and the lucky recipient received a €10,000 iTunes® Gift Card for downloading “Monkey Drums” (Goksel Vancin Remix) by Chase Buch. “We are grateful to our users whose passion for music over the past 10...