Apple

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Apple Giving $100B to Shareholders

Profit falls 18% but beats analysts' estimates

(Newser) - Apple is opening the doors to its bank vault, saying it will distribute $100 billion in cash to its shareholders by the end of 2015. The news came as the company released its fiscal second-quarter earnings after the stock market closed. Results beat analysts' estimates, though Apple posted its first...

Is Apple Going to Ax Cook?

 Is Apple Going to Ax Cook? 
Rumor Mill
Apr 22, 2013 10:44 AM CDT

Is Apple Going to Ax Cook?

Rumor has it CEO's days are numbered; is that a good thing?

(Newser) - Are Tim Cook's days at Apple numbered? The gadget giant is secretly headhunting for a new CEO, anonymous "Wall Street sources" tell Gene Marcial at Forbes , though Marcial cautions that there's "yet no available evidence" to back the claim up. Even if the rumor is false,...

Apple to Pay $53M in iPhone 'Water Damage' Lawsuit

Customers said Apple did not honor warranty

(Newser) - Apple is prepared to pay $53 million to the hundreds of thousands of people affected by a class action lawsuit that alleges the computer giant did not honor its warranties for iPhones and iPod Touches, reports Wired . While refusing to admit any wrongdoing, Apple would pay about $200 per person,...

Apple Rolling Out 60" 'iTV' With 'iRing' Control: Report

Analyst says info came from Asian suppliers

(Newser) - Longstanding rumors that Apple will add television to its repertoire of gadgets are heating up, as an analyst is claiming the 60-inch "iTV" is coming late this year, reports the AP . Brian White of Topeka Capital Markets said component manufacturers in Taiwan and China had revealed that the...

New iPhone Might Be Out This Summer
 New iPhone 
 Might Be Out 
 This Summer 
rumor mill
Apr 2, 2013 2:19 PM CDT

New iPhone Might Be Out This Summer

Wall Street Journal says production to begin soon

(Newser) - Apple might have a new version of the iPhone on store shelves this summer, reports the Wall Street Journal . The company plans to start production this quarter, though details are scarce on what, if any, major changes are in store. The iPhone 5 has been out since last September. The...

Apple to China Consumers: Sorry if We're 'Arrogant'

Tim Cook apologizes despite signs criticism was all hoopla

(Newser) - Apple issued an apology to Chinese consumers today after government media attacked its repair policies for two weeks in a campaign that reeked of economic nationalism. A statement Apple posted in Chinese on its website today said the complaints had prompted "deep reflection" and persuaded the company of the...

Future iPhone May Land Safely When Dropped

Apple seeks patent to make sure phones re-orient in mid-air

(Newser) - Ever cracked your cell phone by dropping it on a hard surface? You may be pleased to know that Apple has submitted a patent for a device that would flip over falling iPhones so they land without breaking the screen, the Telegraph reports. First revealed on Appleinsider , the mechanism would...

Employees Say the Top CEO in America Is ...

Mark Zuckerberg wins poll, tying with SAP's co-CEOs

(Newser) - Mark Zuckerberg may not be able to keep his investors happy , but those inside Facebook still love him. Zuckerberg just topped Glassdoor's latest list of the 50 highest-rated CEOs in the country, with a 99% approval rating from Facebook employees, reports PC Mag . Not surprisingly, Facebook employees also voted...

Samsung Unveils New Galaxy Phone

S4 is the latest entry in the competition with Apple

(Newser) - Samsung is kicking up its competition with Apple with its new Galaxy S4 smartphone, which has a larger, sharper screen than its predecessor, the best-selling S3. Samsung revealed the phone today at an event at New York's Radio City Music Hall. The Galaxy S4, which crams a 5-inch screen...

Your iPhone Could Have Been the ... Telepod

Apple also considered 'Mobi' and 'Tripod'

(Newser) - Would you have bought a Telepod? Or a Mobi? Turns out those are two names Apple considered for its original iPhone, 9to5Mac reports. Ken Segall, former chief of Apple advertising, revealed the names to a marketing crowd at the University of Arizona last week. Apple's reasoning:
  • Telepod: It sounded
...

US Companies Stashing $1.9 Trillion Overseas

'Broken' tax code causes offshore hoarding to soar $183B last year

(Newser) - The top 83 US-based companies now hold a massive $1.45 trillion offshore, parked in low-tax countries, after increasing those holdings by 14.4%—or $183 billion—just in the last year, reports Bloomberg . The leader in offshore profit parking is GE, with $108 billion, up $6 billion from last...

And the Most Reputable Company in America Is...

Amazon takes top spot from Apple, while AIG is the big loser

(Newser) - Which American businesses have the best rep? Look toward the retail and electronics industries, reports MarketWatch , which shares the results of the latest Harris Interactive survey of the country's top 60 companies. It looked at six factors, among them product quality and how employees are treated. Among the leaders:...

Next-Gen iPads Could Arrive in April
Next-Gen 
iPads Could 
Arrive in April 
APPLE RUMORS
Mar 5, 2013 11:30 AM CST

Next-Gen iPads Could Arrive in April

And iPhone 5S is set for an August debut: report

(Newser) - Apple is getting ready to launch the iPhone 5S this summer, probably in August, while the next batch of iPads—likely the iPad 5 and iPad Mini 2—could be here next month, sources are telling iMore . So what can we expect from the new gadgets? Well, the iPhone 5S...

Congrats, Samsung, Now You Owe Apple Only $600M

Judge reduces last year's billion-dollar award

(Newser) - A federal judge today erased nearly half of the $1 billion in damages that a jury decided that Samsung should pay Apple in a high-profile trial over the smartphone and tablet computer patents. US District Court Judge Lucy Koh lowered the damages awarded to Apple by $450.5 million, saying...

Apple Files Patent for Possible 'SmartWatch'

'Wearable accessory device' patent describes flexible display for wrist

(Newser) - The "iWatch" gossip watch is continuing to tick down. Apple filed a patent application today outlining a flexible screen with a "slap-wrap" bracelet you can wear on your wrist, described as a "wearable accessory device," reports Mashable . Among the possibilities described for the device: "a...

New Google Project: Touchscreen Laptops

Chrome-based devices to arrive this year

(Newser) - Google is at work on a new kind of Chromebook: one with touchscreen capabilities, the Wall Street Journal reports. The laptops should be out later this year, though the exact date is still unclear, as is the identity of the company handling the hardware. While sales of existing Chromebooks are...

Apple Says Hackers Infected Employee Macs

Attack is similar to one that hit Facebook, others

(Newser) - Apple says a small number of employee Macs at its offices were infected by malicious software, in an attack similar to the one Facebook acknowledged last week . In both cases, computers were infected through software downloaded from a site for software developers. The attacks took advantage of flaws in Oracle'...

Coming to a Mall Near You: Google?

It's considering retail stores, but no word on where, or when

(Newser) - First Microsoft jumped on the retail-store bandwagon; now Apple stores could face another rival. Google is considering opening its own retail stores, sources tell the Wall Street Journal , but we may not see them for quite a while. An insider says the company may not move on the plan this...

Apple Is Like a Failing Religion
 Apple Is Like a Failing Religion 
OPINION
Feb 13, 2013 1:57 PM CST

Apple Is Like a Failing Religion

And Tim Cook isn't infallible, Heidi Moore argues

(Newser) - Tim Cook had a difficult job to do at yesterday's Goldman Sachs conference. It would be hard for any CEO to explain why a company's share price has lost a third of its value in six months. But Cook "is not just any CEO," points out...

Tick Tock: Apple Working on &#39;iWatch&#39;
 Tick Tock: Apple 
 Working on 'iWatch' 
rumor mill
Feb 13, 2013 7:48 AM CST

Tick Tock: Apple Working on 'iWatch'

Rumors about wristwatch-like device build up

(Newser) - Coming soon: an iPad you can wear on your wrist? Reports are piling up that Apple is working on what some are calling the "iWatch," a wristwatch that would perform functions similar to the iPhone and iPad. The New York Times and the Wall Street Journal first reported...

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