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Update 1: Here's what Barack Obama had to say about Steve Jobs tonight in his reference to the tech sector: "An economy built to last is one where we encourage the talent and ingenuity of every person in this country. That means women should earn equal pay for equal work. It means we should support everyone...

Apple reported their 2012 Q1 earnings today, a record $46 billion dollar quarter. During the earnings call, Apple reported they now have $97.6 billion dollars in cash. The last quarter earned Apple $17.5 billion in cash during their record quarter. Apple clearly emphasized they are 'actively discussing' the uses of their cash balance, with nothing...

Apple has posted their 2012 Q1 earnings prior to their earnings call, and holy smokes is it a doozy. The company reported a record quarter of $46.33 billion in sales, and record profit of $13.06 billion, with international sales taking into account 58% of the revenue. Apple predicted they would hit $37 billion in sales...

The last time we heard from Geohot, aka George Hotz, he had just started a job at Facebook. Hotz's claim to fame was being one of the first people to jailbreak the original iPhone, plus more recently being sued by Sony (they settled the case out of court). Business Insider's Boonsri Dickinson caught up with Hotz at...

A new report from Gartner notes the rankings of OEMs and their purchase of semiconductor chips in 2011. Guess who topped the list last year? Yes, your favourite company, Apple. They spent $17.2 billion in 2011, a 34.6% growth compared to the $12.8 billion spent in 2010. Apple just edged out Samsung (their growth was...

Steve Wozniak, whose development of the Apple I and Apple II computers became the basis for Apple, was the keynote speaker at a conference in Whistler put on by the International Council of Shopping Centres. Wozniak spoke about the future of internet saying that he's not optimistic the efforts to kill the flawed Stop Online Piracy Act (SOPA)...

Virgin America has branded one of their jumbo jets with a tribute to Steve Jobs. On the side of an A320 reads the quote "stay hungry, stay foolish", taken from The Whole Earth Catalog Jobs mentioned in his famous 2005 Stanford commencement speech. The airline told MacRumors the name was decided based on an internal...

It’s that time again. Tomorrow, Apple will hold its usual quarterly earnings call. This one will revolve around the Cupertino-based company’s revenue and sales over the course of the first quarter of 2012, expected to be a $37 billion dollar quarter. In advance of this, Philip Elmer-Dewitt has put together his list of analysts' expectations...

According to a report published by AppleInsider, Apple is looking to incorporate support for the new 802.11ac Wi-Fi specification into its products this year. Dubbed as "Gigabit WiFi", the faster wireless technology is expected to be installed in Apple's 2012 upgrades of AirPort base station, Time Capsule, Apple TV, Macbook and potentially in the next iPhone as...

The Wall Street Journal reports that the end of an era has occurred for Canada's tech darling, Research in Motion, as both co-CEOs Jim Balsillie and Mike Lazaridis have resigned as co-chairmen: RIM was expected to announce early Monday that Mr. Lazaridis, who in 1984 co-founded the company using a loan from his parents, and...

We all know how fast mobile phone usage is growing all around the globe, especially the use of smartphones. Turns out this growth is changing the dynamics of how people interact with the world around them. Think back five or 10 years, you will realize how dramatically the way you interact with media, knowledge and people has...

As much as we love to see 'Designed in California' on our Apple products, the reality is not much is actually manufactured in the U.S. Apple has outsourced its production of products overseas to more efficient and lower cost alternatives that can scale much quicker than anywhere else on the planet. The New York Times...