Apple

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Get Ready for Online Radio From Apple

Plus: New iOS likely unveiled this week

(Newser) - After a decade of iTunes, Apple looks poised to delve into another form of online music distribution: Internet radio. The service, likely to be unveiled today as the company's annual developers conference begins, could shepherd new consumers into the online-radio world, experts tell the New York Times . As it...

You&#39;ll Finally Be Able to Trade in Your Old iPhone
You'll Finally Be Able to
Trade in Your Old iPhone
sources say

You'll Finally Be Able to Trade in Your Old iPhone

Sources say Apple's first upgrade program is coming

(Newser) - You know that ancient iPhone 4 from 2011 that you're still saddled with? Well, multiple sources tell Bloomberg that you'll soon be able to trade it in for a discount on the shiny and (relatively) new iPhone 5. It's the first time Apple has allowed such a...

PRISM Not Used to Target US Citizens: Spy Chief

Companies firmly deny involvement in PRISM

(Newser) - As news of the government's PRISM tech surveillance program makes waves, officials and companies are responding, with the Director of National Intelligence attempting to put the story in perspective. "The unauthorized disclosure of information about this important and entirely legal program is reprehensible and risks important protections for...

NSA Accesses Servers of Internet Firms: Reports

Guardian, Washington Post have scoop: Feds tapping in via secret 'PRISM' program

(Newser) - Charges that we live in a surveillance state are about to get much louder. The Guardian and the Washington Post are separately reporting about a previously unknown program known as PRISM that gives the federal government access to the servers of all the big Internet companies, including Facebook, Google, Yahoo,...

US Bans Old iPad, iPhone Imports in Patent Brawl

Samsung scores big win in Apple feud

(Newser) - A big win for Samsung in its long-running patent feud with Apple: The US International Trade Commission has banned imports of the AT&T models of older Apple products including the iPhone 4 and iPad 2 3G after deciding Apple violated a Samsung patent, the Wall Street Journal reports. Newer...

Apple Faces Uphill Battle as Price-Fixing Trial Begins

Judge expects 'direct evidence' of 'conspiracy'

(Newser) - Apple's federal court battle over e-book price fixing begins today, and the company has a tough case to make, observes the Wall Street Journal . The government's claim: Apple made deals with five publishers to boost the prices of e-books before the iPad's 2010 launch. "Stripped of...

Sorry, Foxconn: Apple's Dating Other Manufacturers

Foxconn's getting expensive as it improves labor conditions

(Newser) - Apple isn't exactly breaking up with Foxconn, its longtime controversial manufacturing partner. But after seeing the production glitches that plagued the iPhone 5, it's decided to have an open relationship. Tim Cook has been shifting more and more work from Foxconn to the relatively obscure Pegatron Corp, the...

Cook: New Apple Game-Changers Are on Deck

He hints at a move into wearable electronics

(Newser) - Apple hasn't been having such a great year but CEO Tim Cook says the company will continue to come up with new innovations—in the field of consumer electronics, not tax-dodging . Speaking at the All Things Digital conference, Cook says Apple will release "several more game-changers" and signaled...

Apple Case Cinches It: We Need Tax Reform Now
Apple Case Clinches It:
We Need Tax Reform Now
OPINION

Apple Case Clinches It: We Need Tax Reform Now

Don't blame the company, blame the tax code, say critics

(Newser) - So what can we take away from Apple chief Tim Cook's testimony on Capitol Hill yesterday about the company's byzantine tax strategy ? Not that Apple did anything illegal, only that it's savvy enough to employ "smart accountants and tax lawyers," says the editorial board...

Apple's 'Offshore' Billions? They're in Manhattan

Has $102B in 'overseas' profits right here, and the IRS can't touch it

(Newser) - Tim Cook went before the Senate yesterday, answering accusations that Apple is keeping billions from the IRS' clutches by holding it in overseas subsidiaries. Only that money isn't actually overseas, the New York Times reports—its $102 billion in offshore profits is managed by a subsidiary based in Nevada...

Apple CEO on Tax Shelters: 'I'm Not an Unfair Person'

Defends practices, company's contributions to US economy

(Newser) - Tim Cook is on Capitol Hill today to answer criticism that Apple uses overly creative—but legal—accounting practices to avoid paying billions in taxes . The highlights amount to Cook defending the company's practices, while critics such as Carl Levin and John McCain accuse it of shirking its tax...

Apple Kept Billions Out of IRS' Reach: Probe

Though tax havens and subsidiaries

(Newser) - A Senate inquiry into Apple has accused the company of keeping billions out of the reach of the IRS through tax havens and a complex network of overseas subsidiaries. The company runs its non-American operations through affiliates based in Ireland, which has a low tax rate. However, investigators say many...

Winning Bid for Coffee With Tim Cook: $610K

Apple CEO will spend up to an hour with lucky bidder

(Newser) - Someone just paid $610,000 to have coffee with Tim Cook sometime in the next year. A charity auction for up to one hour with the Apple CEO closed yesterday, and the winning bid was quite a bit higher than Charitybuzz's suggested value of $50,000, NPR reports. The...

Facebook Cracks Fortune 500 List

Walmart takes No. 1

(Newser) - Fortune released its annual Fortune 500 rankings today, determining once again which American companies are best at capitalism in 2013. Notable takeaways include:
  • Walmart reclaimed the No. 1 position with a revenue of $469.2 billion, sending oil companies Exxon Mobil ($449.9 billion), Chevron ($233.9 billion) and
...

Apple's iOS 7 Overhaul Likely Sleek—and Late

New design guru giving software a makeover

(Newser) - Apple's next mobile operating system, iOS 7, is supposed to be in the sweaty palms of Mac fanboys as early as September. But—at least within the company—deadlines are being pushed back as the company's new design visionary, Jonathan Ive (who recently made the Time 100 list),...

Apple Holding Biggest Bond Sale in US History

Company will reportedly sell $17B worth

(Newser) - Apple is whipping out its proverbial credit card in a huge way. The firm intends to sell $17 billion in bonds, in what would be the biggest sale of investment-grade corporate debt in US history, sources tell the Wall Street Journal . Apple wouldn't comment on the sale or confirm...

Google's Now Steps on Siri's Toes

Google Now comes to iPad, iPhone today

(Newser) - "Siri, are you worried about the debut of Google Now for iOS?" Reply: "We were talking about you, not me." And we won't be talking about her for the remainder of this story, at least. Google today ventures further into Apple territory with the release of...

In a First, Smartphones Outpace Regular Ones

Samsung leads the way in units shipped, with Apple in second

(Newser) - It's a tech milestone: For the first time, more smartphones were shipped in a quarter than regular mobile phones, reports PC Magazine . Market Research firm IDC says 216.2 million of the 418.6 million mobiles shipped in the first three months of the year were of the smartphone...

Apple's 'Next Big Thing'? It's Already Here

iPad is going to surpass iPhone in importance, says Farhad Manjoo

(Newser) - With Apple's stock falling , everyone's wondering when the company will launch its "next big thing" to save the day, writes Farhad Manjoo at Slate . Will it be an iWatch or maybe a TV? Nope, turns out the next big thing actually arrived in 2010—it's called...

Cup of Coffee With Tim Cook: Just $180K

Charity site auctions chance to chat with Apple CEO

(Newser) - Would you spend $180,000 for a half-hour with Tim Cook? If so, you're not alone: That's how high the auction price stands for coffee with the Apple CEO. The site charitybuzz is auctioning off the coffee date of 30- to 60-minutes to benefit the RFK Center for...

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