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IDC Shaves PC Forecast To Below 1% After HP, Dell Report Poor Results

IDC revised its forecast for this year’s PC sales gains to only 0.9 percent, after the top U.S. giants, Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL), reported lower PC sales for their latest financial quarters. By contrast, tablet sales, headed by the iPad from Apple (Nasdaq:M AAPL) should surge 54 percent.
Archbishop-Elect Apologizes for DUI Arrest

Archbishop-Elect Salvatore Cordileone Apologizes for DUI Arrest

Rev. Salvatore Cordileone, the archbishop-elect of San Francisco, issued an apology on Monday for his recent arrest on suspicion of driving under the influence. Cordileone, 56, who was arrested at a DUI checkpoint near San Diego State University in the early hours of Saturday morning, called his actions an "error in judgment," and said he feels "shame for the disgrace I have brought upon the Church and myself."
Samsung

Samsung Loses $12 bln Market Value after Apple's Victory

Samsung Electronics shares tumbled more than 7 percent on Monday, wiping $12 billion off the South Korean giant's market value, as Apple Inc's sweeping legal victory in their U.S. patent battle raised concerns about its smartphone business - its biggest cash cow.
Apple outside counsel Jason Bartlett speaks with reporters following a jury decision in the Apple-Samsung trial in San Jose, Calif.

Apple Triumphs Over Samsung In Landmark Patent Case

Apple Inc scored a sweeping legal victory over Samsung on Friday as a U.S. jury found the Korean company had copied critical features of the hugely popular iPhone and iPad and awarded the U.S. company $1.05 billion in damages.
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Verdict Reached In Apple-Samsung Legal Battle In California

The jury reached an earlier-than-expected verdict Friday in the Apple Inc. v. Samsung Electronics Co. Ltd. et al. case being heard by the U.S. District Court for the Northern District of California, according to multiple media reports.

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