Archive | April, 2012
Judge rules that lawsuit against Apple over in-app purchases can proceed
Back in February, Apple issued a warning of sorts to Capcom in the wake of complaints about the game Smurfs Village. At the time, Smurfs Village was a top grossing iPhone game that while available as a free download, offered users the ability to make in-app purchases using real money. As a result, kids, without […]
Continue reading...Numbers and stats to digest from Apple’s Q2 2012 earnings conference call
25. April 2012
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Following Apple earnings announcements, Tim Cook and CFO Peter Oppenheimer typically field a few questions from analysts. Below are a few numbers that were touched upon yesterday that are worthy of looking at. Macintosh Mac sales grew 7% year over year, and though this was lower than what analysts were hoping for, Apple this past […]
Continue reading...WWDC 2012 tickets go on sale, sell out in just 2 hours
25. April 2012
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Apple this morning announced that WWDC 2012 is set to take place from June 11 through the 15th at San Francisco’s Moscone Center. “We have a great WWDC planned this year and can’t wait to share the latest news about iOS and OS X Mountain Lion with developers,” Phil Schiller explained. “The iOS platform has […]
Continue reading...Security firm claims Flashback malware infections remain in the 500,000 range
25. April 2012
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Apple last week released a software tool enabling users to rid their machines of the increasingly sophisticated and stealthy Flackback malware. Before the tool was released, security experts estimated that more than 600,000 Mac users worldwide were infected, including 200 some machines at Apple’s Cupertino campus. One week later, security firms have some big disagreements […]
Continue reading...Apple defends its 4G branding in Australia
25. April 2012
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Along with the Regina Display, the other key feature/selling point of Apple’s latest iPad is its support for 4G. But if you’re trying to get on a 4G network outside of North America, you’re in for a big disappointment. You see, Apple’s latest iPad can only hop on 4G networks in the United States and […]
Continue reading...Apple welcomes trial over e-book price fixing allegations
24. April 2012
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The US Justice Department filed an antitrust lawsuit against Apple two weeks ago, alleging that Apple, along with a cohort of publishers, colluded to raise the price of e-books on Apple’s iBookstore, and in turn, adversely affect the pricing of e-books on Amazon as well. While three publishers have already settled with the US Justice […]
Continue reading...Tim Cook “hates litigation”, would prefer to settle than to battle in courts
24. April 2012
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Apple’s current legal battles with Samsung encapsulate a large number of patents, innumerable suits and countersuits, and have resulted in legal motions across 11 jurisdictions across the globe. As you may remember, Steve Jobs in his biography was quite vocal about his intent to go thermonuclear on Android, vowing to spend every last dime in […]
Continue reading...Apple posts Q2 2012 earnings, profits soar 93% on sales of 35 million iPhones and 11.8 million iPads
24. April 2012
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Apple a few minutes ago released its earnings for its second fiscal quarter of 2012 and recorded $39.2 billion in revenue and net quarterly profit of $11.6 billion. EPS checked in at $12.30 per share. During the same Q2 quarter a year-ago, Apple posted revenue of $24.7 billion along with a net quarterly profit of […]
Continue reading...AT&T announces 4.3 million iPhone activations in Q1 2012
24. April 2012
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AT&T announced today that it sold 5.5 million smartphones during the Q1 of 2012 and that 4.3 million of all smartphone activations were iPhones. Translation – the iPhone accounted for more than 75% of all AT&T smartphone sales. $0.60 diluted EPS compared to $0.57 diluted EPS in the first quarter of 2011 Consolidated revenues of […]
Continue reading...Phil Schiller clarifies reason for deleting his Instagram account
23. April 2012
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Apple’s Senior VP of worldwide marketing, the one and only Phil Schiller, created a mild stir last week when he responded to a fan question about why he deleted his Instagram account. As you can see from the screenshot to the right, Schiller said that the app “jumped the shark” when it became available on […]
Continue reading...Gene Munster: Low Mac sales this quarter may not be a bad thing
23. April 2012
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Ahead of Apple’s upcoming earnings announcement, the folks on Wall St. are expecting strong iPhone and iPad sales but aren’t as optimistic when it comes to the Mac. Specifically, the consensus on Wall St. is that Mac sales will check in at 4.3 million units. But stalwart Apple bull Gene Munster claims that low Mac […]
Continue reading...Apple may be 86’ing the 17-inch MacBook Pro due to weak sales
23. April 2012
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With Apple largely expected to revamp its MacBook Pro line in the coming months, analyst Ming-Chi Kuo writes for KGI Securities that Apple may also be phasing out its 17-inch model MacBook Pro due to weak sales. Apple’s Mac business in 2Q12 will be boosted by several factors. Three of which are: (1) Mountain Lion, which […]
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26. April 2012
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