Apple
Apple’s Verdict Win Could Result In A “Royalty Revenue Stream”
With the Apple vs. Samsung case coming to a brutal end for Samsung this past Friday, what's to come next? Apple's stocks have already soared above and beyond $680 this morning, hitting a new all-time high. While all is good for Apple, Samsung is suffering as their market value plummeted 12 billion due to the loss....
Apple’s Market Cap Hits $637B As AAPL Opens At Record $680 Following Samsung Win
Last week, Apple won a historical patents battle against Samsung when jury awarded Apple $1.049 billion in damages. Today was the first day of trading since the court ruling and already, the Cupertino company's stock price (NASDAQ:AAPL) is going haywire opening at a record high of $680 per share, as pointed out first by Tech Crunch. The new stock...
Here Is Samsung’s Internal “We Lost” Memo Sent To Employees
We've showed you the email Tim Cook sent out to Apple employees over winning the verdict at the California court, now it's time to present the Samsung version. In the memo, Samsung begins telling employees how the case began in the first place. The company then basically states the U.S. court was wrong, and court...
Apple’s Court Victory Causes Samsung to Lose $12 Billion in Market Value
Reuters reports investors have punished Samsung's stock during the opening hours of trading as shares fell as much as 7.5% (a 1.183 million won drop; its largest drop in four years), causing the South Korean company to lose $12 billion in market value: "An adjustment in the next few days is unavoidable as the damage amount was...
Will The Next-Gen iPod Nano Have Wi-Fi Capabilities?
A report by Japanese blog Macotakara has brought new life to the iPod Nano, while also providing insight on the smaller iPad's name. I wouldn't label this upcoming report as a done-deal, it's fairly notable that Macotakara's track record is sometimes on the money, and other times a mile off. iPod nano Apple's iPod nano is...
Here are the First Interviews with Jurors from the Apple vs Samsung Trial
Earlier today CNET and Reuters published some first hand interviews with jurors from the Apple vs Samsung trial. Juror Manuel Ilagan told CNET the jury took their time to come up with a final verdict and at times 'heated' debates occurred. Moreover, Ilagan notes the jury knew Samsung had infringed on Apple's patents after the...
Bayshore Apple Store in Ottawa Gets Painted Logo, Opening Imminent
Back in May, we noted Ottawa was set to receive its second Apple Store, as confirmed by job postings. Later that month, the rumoured location of the store received its painted black construction walls, pretty much confirming an Apple Store was being built. Yesterday, those blacked out walls at the former Gap Kids location received...
Samsung Faces Potential Ban On Its Devices Following Apple Win, Injunction Hearing Set For September 20
Yesterday, Apple vs Samsung jury released their verdict that found Samsung guilty of infringing on Apple’s patents and they are to pay just over $1 billion dollars in damages. Now, the court is preparing to consider a potential sales ban on a number of Samsung's mobile devices, reports Electronista. After the jury was dismissed, U.S...
Here is Apple CEO Tim Cook’s Email Reaction to Employees Over Verdict Win
After learning the jury outcome of their trial against Samsung, Apple CEO, Tim Cook, sent the following email to all employees (via 9to5Mac): Today was an important day for Apple and for innovators everywhere. Many of you have been closely following the trial against Samsung in San Jose for the past few weeks. We chose...
Apple vs Samsung Trial Jury Releases Their Final Verdict [Update]
According to the Wall Street Journal, an Apple-Samsung verdict has been reached by the 9-person jury in California court. The jury started their deliberations on Wednesday and had to answer over 600 questions on the verdict form. Update: The jury deliberated for 21 hours and 37 minutes according to the WSJ. The verdict by the jury...
Apple Executives: HDTV Is Extremely Unlikely In The Near Future
We've withstood rumors of Apple releasing an HDTV for over a year, yet we haven't seen any legitimate leaked components. Even with lack of proof, Jefferies Analyst Peter Misek noted Apple's HDTV was in full production already last week. Many analysts have high predictions for this product, mainly sticking with a 2013 release point, but...
South Korean Court Says Apple and Samsung Infringed on Each Other’s Patents
The Wall Street Journal reports a South Korean court has made a decision on the whole Apple versus Samsung patent lawsuit that has gone global. The court made a split decision, saying each company infringed on each other's patents: A three-judge panel in Seoul Central District Court said Apple infringed two Samsung technology patents, while...