Apple Tops $700 Mark, Year After Hitting $400
September 17 2012 4:12 PM EDT
Shares of Apple (Nasdaq: AAPL) surged past $700 for the first time, just a year after topping $400. The move brings Apple's market value to about $650 billion, cementing its 2012 role as the world's most valuable company, ahead of Exxon Mobil Corp. (NYSE: XOM).
Freemium Rush: Free-To-Play Gaming Now Makes Up More Than Half Of European Market, But Packaged Video Games Still Drive Eurozone Revenue [REPORT]
September 17 2012 11:35 AM EDT
Freemium video games like "FarmVille 2" and "Angry Birds," the cheap and easily accessible counterpart to premium boxed copies of "Skyrim" or "Call of Duty" that run players upwards of $50 or $60 a sale, now make up more than half of the total market for video games in Europe, a new study shows.
Google Continues Its Opposition Against Aliyun OS; Andy Rubin Draws Focus To Its Android Similarity
September 17 2012 6:01 AM EDT
After Google stopped Acer from launching a phone based on Aliyun OS, described non-compatible with build of Android, Google's Andy Rubin, Senior Vice President, Mobile and Digital Content, continued his fight against Alibaba, which coordinated on Aliyun development with Acer, The Verge reported.
First Apple iPhone 5 Pre-Orders Begin Shipping From China; Enthusiasts Start Camping Outside Flagship Apple Stores
September 17 2012 3:40 AM EDT
As the launch date for Apple iPhone 5 comes closer, customers who placed the first preorders for iPhone 5 are noticing updates that point to their orders being shipped from China, AppleInsider reported.
Malware Infects PCs Even Before They Reach Retail Shops, Says Microsoft Study (VIDEO)
September 16 2012 6:22 AM EDT
A new study conducted by Microsoft dubbed Operation b70, from Aug. 2011, shows that several computers carry malware installed in the factory, BBC News reported.
Zynga Lashes Back At EA With Countersuit, Hires Samsung?s Law Firm To Take On Rival Game Developer
September 15 2012 7:46 PM EDT
Tensions between Zynga Inc. (Nasdaq: ZNGA) and Electronic Arts Inc. (Nasdaq: EA) exploded all over again Friday as Zynga mustered an aggressive rejoinder to the copyright-infringement lawsuit filed against it by EA last month.
Apple iPhone 5 Release Date Approaches: Of Verizon, AT&T, Or Sprint, Which Is The Best Carrier For LTE Coverage?
September 15 2012 10:53 AM EDT
Apple's first batch of pre-orders for the new iPhone 5 came and went on Friday, but even though the online Apple Store, AT&T stores and Verizon's retail stores are sold out of their initial pre-order stock, there are still thousands of customers dying to get their hands on Apple's latest smartphone innovation. Yet, one thing customers want to know about iPhone 5 before its release date next Friday is about which carrier to choose. Which carrier has the best overall coverage? Which carri...
Apple Wins Judgment Vs. Samsung In International Patent Dispute
September 14 2012 4:12 PM EDT
A judge at the U.S. International Trade Commission found that Apple hadn?t violated any of Samsung?s patent rights for products designed into the iPhone and iPad product lines. Last month, a jury in U.S. District Court in San Jose, Calif., determined Samsung had infringed upon Apple?s patents and awarded the Cupertino, Calif., company $1.05 billion in compensation.
Apple To Reap Windfall On iPhone 5 As Component Cost Is $167.50, Techs Say
September 14 2012 12:39 PM EDT
Apple (Nasdaq: AAPL), the world's most valuable technology company, should reap another windfall from selling the iPhone 5 because component costs are only around $167.50, engineers at UBM TechInsights reported. Apple will sell the product for as much as $399 and charge wireless carriers about $450.
Amazon Publishing Reveals Sales Numbers In Email
September 14 2012 10:58 AM EDT
After seeing the unprecedented success of a title like "Fifty Shades of Grey," casual readers and publishing industry analysts alike were led to wonder what the future of digital publishing held for the book industry as Amazon Inc. (Nasdaq: AMZN) continues to edge out traditional publishing houses and retailers alike with its aggressive competitive pricing scheme. In an email sent to literary agents unearthed by GigaOM on Thursday, Amazon Publishing Vice President Jeff Belle revealed some ...
Apple iPhone 5 Pre-Orders Sell Out Within An Hour; Handset Shipment Dates Slip To Two Weeks
September 14 2012 8:42 AM EDT
Just within an hour of the Apple (AAPL) iPhone 5 pre-orders going live, shipment dates for the new orders dropped to two weeks in the U.S., U.K., Canada, Germany and Australia, MacRumors stated.
Microsoft Santa Comes Calling; Free Surface Tablets, Work PCs, Windows Phone 8 Devices For Employees
September 14 2012 7:06 AM EDT
After the iPhone 5 euphoria, it's back to Goliath Microsoft. The Redmond-software giant seems to have ushered in Christmas in Fall by deciding to distribute free surface RT tablet, Windows Phone 8 device and a refreshed Windows 8 work machine, Geek Wire reported.
Zynga Confirms New COO Maytal Ginzburg Olsha To Lead Entry Into Real Money Gambling
September 13 2012 7:05 PM EDT
Following its latest round of departures and continued erratic performance at the stock market, Zynga's future prospects have been looking increasingly bleak. Critics and industry analysts actually began counting the number of high-profile employees and executives left at the San Francisco-based social game developer, leading many to wonder how exactly the company hoped to recover from its current financial dilemma. On Thursday, the company finally offered up some details when it confirmed th...
iPhone 5 Plays: 5 Ways To Ride Tide Without Buying $700 Apple Shares
September 13 2012 4:47 PM EDT
Want to play the iPhone 5 craze created by Apple Inc. (Nasdaq: AAPL) and not pay the price for Apple's near-$700 shares. Think of some of its suppliers like Arm Holings (Nasdaq: ARMH) and Qualcomm (Nasdaq: QCOM), or even Corning (NYSE: GLW) whose products are designed into the product.
iPhone 5: What Items Were Missing In Apple’s New Smartphone?
September 13 2012 11:11 AM EDT
When the first customers for the iPhone 5 from Apple (Nasdaq: AAPL), the world's most valuable technology company, get their new products next Friday, chances are they’ll rave over the latest model, the upgrade for the nearly year-old iPhone 4S. But some anticipated items are absent, like an upgrade to Siri, NFC and biometric security.
Steve Wozniak, Apple Co-Founder, On iPhone 5 Patent Litigation: 'I Hate It'
September 13 2012 10:56 AM EDT
Steve Wozniak, the programmer and computer engineer who helped launch what would later become Apple Inc. (Nasdaq: AAPL), didn't have the best things to say about his former company when the subject of Apple's recent legal battle with Samsung (KRX:005930) came up, even as he expressed his anticipation for purchasing the new iPhone 5. Speaking to Bloomberg about Wednesday's launch of the highly anticipated iPhone 5 unveiling, Wozniak praised the iPhone 5, but also commented on the recent ...
Apple Shares Leap To New Record As Goldman, Others Up Target Prices
September 13 2012 9:25 AM EDT
Shares of Apple (Nasdaq: AAPL), the world's most valuable technology company, rose 1 percent in Thursday trading after several analysts at firms including Goldman Sachs (NYSEL GS) boosted their price targets for the Cupertino, Calif.-based company, citing potential sales of the iPhone 5.
Ping To Cease Operations From Sept 30
September 13 2012 6:50 AM EDT
Come Sept. 30 and Ping, the social music network from Apple, will cease operations after adding social-network integration to iTunes, CNET has reported.
Apple Stock Recovers Amidst iPhone 5 Hype After Pre-Announcement Drop
September 12 2012 10:59 PM EDT
Shares of Apple Inc. (Nasdaq: AAPL) jumped Wednesday during its highly anticipated unveiling of a host of new high-profile software and hardware products, including the iPhone 5, in San Francisco.
iPhone 5 Event Hyped On Twitter: Android Fans Get Nasty After Apple Announcement
September 12 2012 4:37 PM EDT
Apple has finally unveiled the release date for its long awaited iPhone 5, confirming the rumors about its design, features and tech specs that have been circulating the Internet. Undoubtedly, Web surfers were buzzing with excitement, sharing their opinions through social media.