News tagged ‘Lion’
Apple has placed 55th on Fortune's Global 500 Top Companies, an annual list of the world's biggest corporations. Apple moved up the list from 111th place last year. Samsung placed 20th. Top 3 are Royal Dutch Shell, Exxon Mobil and Walmart.
Here is the full list:
Apple seeded the Golden Master version of its new OS X Mountain Lion. The Build is 12A269. The Golden Master designation means that this version is planned to be the final version of the software released to the public and there will not be any last-minute issues.
This week DigiTimes’s industry sources from the Far East provided more information about the next-generation iPhone’ processor. As reported, the new iPhone would feature a quad-core ARM processor based on Samsung's Exynos 4 architecture. The sources did not presented any further details.
Last year’s iPhone 4S feature a custom dual-core processor clocked at 800 megahertz, dubbed by Apple the “A5”. The chip was first introduced in the iPad 2. This year’s iPad couldn’t boast of the updated processor model, dubbed the "A5X," but it is sooner a slightly revised version of the A5.
Back in December of 2011 we reported that Italian antitrust regulator forced Apple to pay a $1,2 million fine for misleading practices related to warranty terms disclosure. The regulator claimed that Apple mislead customers by selling standard one-year AppleCare warranty without properly informing consumers of a two-year warranty that is required by European Union law.
Just several days after Apple won a preliminary injunction prohibiting U.S. sales of Galaxy Tab tablet, news agency Reuters
"Apple has made a clear showing that, in the absence of a preliminary injunction, it is likely to lose substantial market share in the smartphone market and to lose substantial downstream sales of future smartphone purchases and tag-along products".
The new injunction is much more important victory for Apple than the injunction against Galaxy Tab sales, as evidenced by the bond in the amount of $95 million that Apple posted in order for decision to come into effect. The bond money would be paid to Samsung should the injunction be overturned by the court later.
Yesterday Apple’s iPhone celebrated its 5th anniversary. Since its launch in 2007, the smartphone generated the company $150 billion of cumulative revenues worldwide. Recognizing the milestone, Strategy Analytics offered its latest statistics, noting that Apple has shipped 250 million iPhones in the first five years since launch.
Reno Gazette Journal has reported that Apple plans to invest $1 billion over the next ten years into its Reno, NV project. According to online postings from city and county officials, the project will include a data center near Sparks, NV to support iCloud capabilities, as well as separately-located business and purchasing facilities.
This is the latest ruling in the ongoing legal dispute between Samsung and Apple. In the court Apple had accused Samsung of blatantly copying the design of iPhone and iPad and has previously won injunctions against the sale of Galaxy Tab tablet in other countries. Koh wrote in the order:
At Worldwide Developers Conference this month, Apple announced that it would release OS X Mountain Lion through its Mac App Store in July. Apple also said that users of Snow Leopard and OS X Lion would buy the new OS at an upgrade price of $19.90. After the conference keynote, the company also issued a “near-final” build of its new OS to developers for testing purposes.
In a new research note, Brian White, Topeka Capital Markets’s analyst, points to a report from Chinese site 21cbh.com saying that Foxconn/Hon Hai planned to order LCD television panels from Sharp in 3Q 2012 instead of the 4Q 2012, which fuels speculation that the panels are intended for a forthcoming Apple TV set that could be launched for holiday shopping season. Earlier this year Sharp and Foxconn
Chief Executive Officer Terry Gou of Foxconn told its stockholders during the annual meeting on Monday to disregard Samsung's recently-released Galaxy S III smartphone and wait for the upcoming iPhone 5 instead, mentioning a number of strategies that will allow the company to "beat" Samsung within the next three to five years.
The Wall Street analyst suggests that Apple could generate the highest annual net income of any publicly traded company in history this year.
As of Monday morning, Apple's market cap was at about $545 billion. Some Wall Street analyst have noted a rather interesting trend amongthe largest companies. Companies that exceed $500 billion in market capitalization have trouble growing much beyond that point. The analysts are concerned that a similar scenario could happen with Apple.