Apple Inc gave an unusually upbeat revenue forecast that trounced Wall Street's expectations and eased fears that the Antennagate controversy around its iPhone 4's reception would hurt sales, boosting its shares 3 percent.
(Corrects iPhone 4 launch date to June 24 from June 28 in paragraph 8.)
Apple Inc Chief Executive Steve Jobs' offer of free phone cases mitigates the public relations damage the iPhone 4 antenna issue has caused, analysts said.
Apple Inc's attempt to smooth over a controversy surrounding its iPhone 4 failed to impress investors, as the computer maker's shares stumbled on a day when technology stocks rose.
Samsung Electronics Co said on Monday that it has received no significant complaints related to smartphone signal reception after Apple said the issue was shared by the entire smartphone industry.
Apple Inc appears to be deliberately distorting the issues surrounding the iPhone 4's antenna design by asserting that Research In Motion's BlackBerry has similar reception problems, RIM said.
A defiant Steve Jobs on Friday rejected any suggestion the iPhone 4's design was flawed, but offered consumers free phone cases to address reception complaints that have hurt Apple Inc's image and shares.
A defiant Steve Jobs on Friday rejected any suggestion the iPhone 4's design was flawed, but offered consumers free phone cases to address reception complaints that have hurt Apple Inc's image and shares.
A defiant Steve Jobs on Friday rejected any suggestion the iPhone 4's design was flawed, but offered consumers free phone cases to address reception complaints that have hurt Apple Inc's image and shares.
Apple Inc is likely to announce a fix for the iPhone 4's reception problems on Friday rather than recall the device, hoping to stem a growing chorus of complaints and avert any lasting damage to its carefully earned reputation for quality products.
Top global cellphone makers are set to report a disappointing quarter, hit by euro zone debt problems and the roaring success of smartphone heavyweight Apple, and new launches may determine how they fare in the year's second half.
Apple Inc is likely to announce a fix for the iPhone 4's reception problems, rather than a recall, at a surprise press conference on the device on Friday, analysts said.
Apple Inc is likely to announce a fix for the iPhone 4's reception problems on Friday, hoping to stem a growing chorus of complaints and avert any lasting damage to its carefully earned reputation for quality products.
Apple Inc finds itself on unfamiliar ground heading into its earnings report next week: on the defensive.
Apple Inc boss Steve Jobs was a no-show at an annual pow-wow of media and technology moguls in Sun Valley. But he was far from forgotten.
Google Inc Chief Executive Eric Schmidt rejected any notion that Apple Inc or Facebook presented a threat to the web search leader's business.
As Rupert Murdoch, Bob Iger and other media honchos assemble in Sun Valley this week for some fly-fishing or white water rafting, spirits should be brighter than a year ago: stock prices are up by about a third, after all.
SUN VALLEY, Idaho - Industry power players are getting ready for the annual post-July 4 tradition known as summer camp for moguls.
Apple is missing out on an opportunity to further expand in China, the Financial Times reported late on Sunday, citing Lenovo's Chairman Liu Chuanzhi.
Apple Inc has been sued by iPhone customers in at least three complaints related to antenna problems on its newest model.
Apple Inc had sold 1.7 million units of the iPhone 4 worldwide by Saturday, June 26, its most successful product launch yet, the company said on Monday.
Apple Inc said on Monday that it had sold 1.7 million iPhone 4 phones through Saturday June 26, three days after it kicked of store sales of the devices, making for its most successful launch yet.