News tagged ‘Free’
Technology company Apple is now worth as much as the 32 biggest euro zone banks. That's the result of the DJ STOXX euro zone banks index fall, driven by sharp declines in the share price of big banks such as Spain's Santander, France's BNP Paribas, Germany's Deutsche Bank and Italy's Unicredit. Earlier on Friday the DJ STOXX euro zone banks index fell 4 percent, valuing its 32 members at $340 billion. That's based on the market capitalization of their free-float shares, which for some French banks in particular is less than 100 percent. In contrast, Apple's market capitalization has soared to $340 billion on the back of the success of innovative technology products like iPods, iPhones and iPads.
A class-action lawsuit has been filed against Apple and 5 of the 6 major book publishers: Hachette, HarperCollins, MacMillan, Penguin, and Simon & Shuster. The lawsuit claims that they "colluded to increase prices for popular e-book titles to boost profits and force e-book rival Amazon to abandon its pro-consumer discount pricing."
From the lawsuit:
In November 2007, Amazon revolutionized the book publishing industry by releasing the Kindle, a handheld digital reader for electronic books or “eBooks.” A major economic advantage to eBook technology is its potential to massively reduce distribution costs historically associated with brick-and-mortar publishing. But publishers quickly realized that if market forces were allowed to prevail too quickly, these efficiency enhancing characteristics would rapidly lead to lower consumer prices, improved consumer welfare, and threaten the current business model and available surplus (profit margins). So, faced with disruptive eBook technology that threatened their inefficient and antiquated business model, several major book publishers, working with Apple Inc. (“Apple”), decided free market competition should not be allowed to work – together they coordinated their activities to fight back in an effort to restrain trade and retard innovation. The largest book publishers and Apple were successful.
This lawsuit alleges that as a "direct result of this anticompetitive conduct as intended by the conspiracy, the price of eBooks has soared" and "bring claims under federal and state antitrust laws to enjoin the illegal conduct and to obtain damages."
Currently Three in Sweden
It is well known that iPad is a fine gaming device. And it looks like Apple is going to improve iPad’s entertainment capabilities as it is a new trend nowadays. Some well-known publishers pay most attention to gaming aspect of the iPad as consumers gradually lose interest in gaming on traditional consoles. Console’s long upgrade cycle, expensive software and hardware for them and allure of touch gaming devices are main contributing factors to the decline of the console business. Recently The Electronic Arts CEO John Riccitiello
After visiting a webinar of Neal Augenstein, who is a well-known radio reporter for WTOP in Washington D.C, the
Fortune has published a report by Piper Jaffray analyst Gene Munster related to the performance of the App Store. Munster claims that iOS device owners have downloaded more applications in 2011; moreover such applications are more expensive comparing with the average price for an application in 2010.
- More apps: The average iOS device owner will download 83 apps in 2011 vs. 51 in 2010, a 61% increase year over year. "Smartphone users are showing an increasing appetite to use apps to add features to their phones," Munster writes, "and iOS has the leading app ecosystem."
- More expensive apps: The ASP (average selling price) per app is rebounding. ASPs are up 14% y/y in 2011 vs. an 18% decline in 2010. "After the initial race to the bottom in App Store pricing," says Munster, "we are seeing users pay up to add features and games to their iOS devices."
82% of downloads from the App Store are free applications, the rest 18% are paid ones with an average selling price of $1.44. For 2010 and 2011 the average price of application was increasing that could be caused by the iPad launch. iPad applications in general have higher prices than applications for the iPhone and iPod touch.
Last week United States Patent & Trademark Office (USPTO) published a new patent application that describes new multitouch gestures for imitating physical metaphors and allowing users to share documents across devices, for example, by “pouring” files between devices (showed in the picture above).
People briefed on Apple's plans said the company is planning a major iPhone revamp then, with one person saying the company has been experimenting with features such as a new way of charging the phone.
As usual it is unclear what charging mechanisms Apple is exploring, but some sources believe that the company could use induction charging or some other wireless system that does not require a cable. It seems that Apple is intending to make its next iPhone a cable-free device.
The Wall Street Journal has also reiterated rumours about a less expensive iPhone, co-called “iPhone nano”, with an edge-to-edge screen.
Apple has also been working on a less-expensive phone with new features such as an edge-to-edge screen, according to this person.
Step-by-step Tutorial: How to Untether Jailbreak iPod Touch 3G and iPod Touch 4G Using JailbreakMe [iOS 4.3.3]
This is step-by-step instructions on how to perform untethered jailbreak of your iPod Touch 3G и iPod Touch 4 with iOS 4.3.3 firmware using JailbreakMe. This jailbreak works in iPod Touch Safari browser. You need a computer only to update to iOS 4.3.3.
Step-by-step Tutorial: How to Untether Jailbreak iPhone 3GS and iPhone 4 Using JailbreakMe [iOS 4.3.3]
This is step-by-step instructions on how to perform untethered jailbreak of your iPhone 3GS и iPhone 4 with iOS 4.3.3 firmware using JailbreakMe. This jailbreak works in iPhone Safari browser. You need a computer only to update to iOS 4.3.3.
This year Amazon released its Cloud Player and Cloud Drive services that allow users to store music and other media data on Amazon’s servers and access them from different devices connected to the Internet. After Apple announced iCloud last month, some showed an interest in Amazon tweaking its products to keep with iCloud.
This is step-by-step instructions on how to perform untethered jailbreak of your iPad 1 or iPad 2 with iOS 4.3.3 firmware using JailbreakMe. This jailbreak works in iPad Safari browser. You need a computer only to update to iOS 4.3.3.