News from category ‘Financial’
Apple to Announce Beats Acquisition This Week
The company from Cupertino will officially announce Beats Electronics acquisition this week, The New York Post reports. The sum of acquisition is slightly lower than we expected.
As it was mentioned last week, Apple planned to purchase Beats for about $3.2 billion. As it turns out, the sum for some reason has been reduced to $3 billion.
New Rumors About Beats Acquisition Appear Online
According to the people familiar with the matter, the deal between Apple and Beats Electronics will be signed in a couple of days. However, the sources claim that for some unknown reason the talks between two industry giants have been close to falling apart.
iPhone 6 to Feature 1704 x 960 Resolution Screen?
As the iPhone 6 release date draws near, more and more specs for the would-be device appear on the Internet. Today I want to tell you about the screen resolution of the handset.
Numerous Users Report Early-2011 MacBook Pro GPU Failures
A wide number of early-2011 MacBook Pro owners have begun reporting problems with their laptops. The issues are probably somehow connected with AMD's discrete video cards on both 15-inch and 17-inch models.
iPad Sales Won't Grow in the Near Future - Analyst
According to what Morgan Stanley’s analyst Katy Huberty says, Apple's iPad sales won't grow this quarter. The reasons for such poor results are the absence of new products and the price, which is, compared to Android tablets, pretty high.
Apple Acquires Beats Electronics - Rumor
Apple may soon acquire Beats Electronics, the headphone manufacturer and the company behind one of the most popular streaming music services. The Wall Street Journal, Bloomberg and The New York Times have confirmed that Apple is currently in talks with Beats Electronics. If the two companies come to an agreement, the acquisition will be announced next week.
Apple Improves Its Position on Several Markets Due to Strong iPhone 5s Sales
According to the latest report from Kantar Worldpanel, the company from Cupertino has managed to improve its position on the world's smartphone market.
Apple Announces Financial Results for Q2 2014
Apple on Wednesday announced its quarterly financial results for the second quarter of 2014. The guys from Cupertino managed to earn $45.6 billion. The net profit is $10.2 billion.
Samsung's Ready to Pay Apple $38.4 Million in Damages
As I already told you, Samsung thinks Apple has exaggerated the worth of its patents. In the ongoing trial on Monday, Samsung's damage expert Judith Chevalier said the South Korean manufacturer should pay only $38.4 million for the five allegedly infringed patents, not $2.19 billion Apple is seeking.
Apple Sold 4 Million Macs Last Quarter - Fortune
According to Fortune's latest estimates based on predictions from both professional and amateur analysts, Apple sold as many as 4 million Macs in the last quarter.
For several years in a row, the number of Macs sold to customers worldwide has been declining. This year can possibly become an exception, experts believe.
Apple Earns More than Hewlett Packard, Google, Intel and Cisco Combined
According to Silicon Valley's top companies rating (SV150), Apple earns more than Hewlett Packard, Google, Intel and Cisco combined. The rating prepared by San Jose Mercury News experts is based on Bloomberg latest reports and the U.S. Securities and Exchange Commission data.
Apple Explained Why It Is Seeking more than $2B in Damages from Samsung
Apple has explained why it is seeking $2.19 billion in damages from Samsung. Such sum is based on Apple's lost profits and royalties on infringed patents, Apple damage expert and economist Chris Vellturo claims.
Samsung Sues Newspaper Called Electronic Times for $284.000
Apple's mail rival - Samsung - has sued a newspaper called Electronic Times for 300 million KRW (this is about $284,000) over the article about the company's latest flagship Galaxy S5. The authors of the publication claim the smartphone has a faulty camera, which is incorrect, Samsung believes.
Apple to Acquire Japan's Renesas SP Drivers Soon - Rumor
The company from Cupertino may soon acquire Renesas SP Drivers, a unit of Japan's Renesas Electronics that manufactures chips for smartphone displays. Such chips are designed specifically for small or mid-size screens; they’re capable of detecting a display's performance, energy efficiency and a number of other parameters. Renesas SP is currently one of the Apple’s suppliers.
Apple to Announce Q2 2014 Earnings on April 23
According to an announcement on Apple’s official website, the company will officially report its financial results in Q2 of 2014 on April 23rd. Over the past months, Apple has neither launched new products, nor released new software. Well, I’m not taking into consideration minor iOS and OS X updates, the release of an 8GB iPhone 5c and updated iPad 4 in several countries. I don’t think these events are crucial for the company.

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