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Archive for January 5th, 2012
Apple Has Agreed To Pay $5 million To Settle Multi-Touch Patent Dispute With Elan
According to Reuter’s , Taiwan-based company Elan Microelectronics has announced a settlement of a patent dispute with Apple related to multi-touch technology. Elan states that Apple has agreed to cross-license some patents and pay $5 million to avoid future disputes regarding said intellectual property.
Leave a commentApple Has Hired Adobe Executive Todd Teresi to Head iAd
Bloomberg reports that Adobe executive Todd Teresi was hired by Apple to head up its mobile advertising unit iAd. Detailed information on the employment will be forthcoming.
Teresi has worked as VP of Media Solutions division in Adobe for the past nine months and previously worked in Yahoo, PriceWaterhouseCoopers and Quantcast.
Designer Jony Ive reportedly has a 50-inch Apple television in his studio
Citing an anonymous source who worked at Apple, USA Today revealed that 50-inch Apple television is said to be housed in the secure California studio of Jonathan Ive. The same source also said that Apple is looking to build an LCD television sized 42 inches or larger with built-in Wi-Fi functionality, because Apple is not interested in building an HDTV with a screen size of less than 42 inches.
Author Scott Martin notes that Apple's rumored TV set is going to receive "big buzz" at next week's Consumer Electronics Show, even though the Cupertino, Calif., company isn't attending the event.
The story also features a quote from Apple co-founder Steve Wozniak, who said he expects Apple will make "an attempt" to build a TV. He believes the living room will "remain a center for family entertainment, and that touches on all areas of consumer products that Apple is already making."
The report offers little else that is new about Apple's anticipated television set. Some reports have indicated that Apple plans to use custom chips, like it does with the iPhone, iPad and iPod touch, others suggested that Apple could include AirPlay and iCloud into its new product. Rumors also claim that Apple wants to be able to offer customers customized channel lineups with its anticipated television set to choose whichever channels or shows they want for a monthly subscription fee.
Apple to launch iPhone 4S in China and 21 more countries January 13
Apple finally announced the forthcoming debut of the iPhone 4S in China in a press release on Wednesday. The iPhone 4S is set to launch in China and 21 additional countries across the world on Friday, Jan. 13.
"Customer response to our products in China has been off the charts," Apple Chief Executive Tim Cook said in a statement. "With the launch in China next week, iPhone 4S will be available in over 90 countries making this our fastest iPhone roll-out ever."
In addition to China, Jan. 13 will also mark the launch of the iPhone 4S in Anguilla, Antigua and Barbuda, Bolivia, Botswana, British Virgin Islands, Cameroon, Cayman Islands, Central African Republic, Dominica, Dominican Republic, Ecuador, Grenada, Guam, Guinea Conakry, Ivory Coast, Jamaica, Kenya, Madagascar, Mali, Mauritius, Niger, Senegal, St. Vincent and The Grenadines, Trinidad and Tobago, Turks and Caicos and Uganda.
Rumors have suggested that Siri, Apple's voice-controlled personal assistant service on the iPhone 4S, will gain support for Mandarin, the most popular form of the Chinese language, by March of 2012. Noteworthy, some regional branches of China Unicom in mainland China had already gained profit from iPhone 4S launch having offered bookings for the handset in anticipation of the device's launch.
Apple to Announce 1Q 2012 Earnings and iPhone 4S Sales Numbers on January 24
Apple early today updated its investor relations page to officially state that it will report its fiscal first-quarter (fourth calendar quarter of 2011) earnings on Tuesday, Jan. 24, when it will reveal the results of the iPhone 4S launch and holiday shopping season.
Apple’s conference call webcast discussing Q1 - 2012 financial results will begin at 2:00pm PT/5:00pm ET on Tuesday, January 24, 2012.
Please note that comments made during this call may include forward-looking statements that are subject to risks and uncertainties, and that actual results may differ materially from these forward-looking statements. For more information on the factors that could influence results, please refer to Apple’s SEC filings.
Current expectations on Wall Street call for Apple to report profits of $9.83 billion on revenue of $38.16 billion. A total of 46 analysts polled skew as high as $10.74 billion and as low as $8.88 billion in their predicted revenue. The company is also predicting all-time record iPhone sales as industry sales estimates have been pointing toward a similar record for Mac sales. iPad sales are also expected to be strong with a record number of sales. As for iPod sales, this quarter remains the company's strongest while iPods remain ones of the most popular gifts.