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Apple opens its first App Accelerator outside of the US

Apple has launched its App Accelerator in Bangalore, India, to help meet the needs of customers in India and around the world. India is the first country outside the US where Apple has set this facility up. “In just the

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Apple releases the much awaited iPhone 7

Apple’ CEO Tim Cook revealed the brand new iPhone 7 and 7 Plus in San Francisco at an event on Wednesday night. iPhone 7 comes with a rounded aluminum body in a darker black color scheme and features including water

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Apple amasses a record pile of cash worth USD 178bn

Apple has pocketed a mind-boggling of USD 178bnn in cash for selling high-priced phones. According to Howard Silverblatt of S&P Dow Jones Indices, Apple has enough money to give every American USD 556. In fact, Apple can afford to buy

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Apple holds 10% of all US corporate cash

According to Moody’s figures, non-financial companies are collectively holding onto USD 1.48 trillion, up 81% from $820 billion in 2006. As many as 1,000 tech companies hold USD 515 billion, or more than a third of all the cash held

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The Samsung Galaxy S4 Is Completely Amazing and Utterly Boring

Did you see Samsung’s theater of the absurd yesterday? No? Good for you. It unleashed a pale imitation of a Broadway show to roll out its amazing new flagship, the Galaxy S4. There’s a reason Samsung felt the need to

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Apple’s demand for higher damages from rival Samsung is denied

A US judge in California court rejected Apple’s demand for higher damages from South Korea’s Samsung. The court called on the firm to abide by the USD 1.05bn ruling. It further denied requests from both firms for a retrial of

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Apple loses to Exxon Mobil as the most valuable company

Following a drastic decline in its shares, Apple is taken over by Exxon Mobil as the most valuable company. The disappointed iPhone sales figures on Wednesday dropped Apple’s shares to 37% since their record high last September. At the close

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Apple Working on a Less-Expensive iPhone

WSJ-By Jessica E. Lessin Apple Inc. is working on a lower-end iPhone, according to people briefed on the matter, a big shift in corporate strategy as its supremacy in smartphones has slipped. While Apple has explored such a device for years, the

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Samsung drops Apple sales case in Europe

BBC- Samsung has said it will drop its lawsuit seeking to ban the sale of some of Apple’s products in Europe. The South Korean company said it wanted to compete “fairly in the marketplace, rather than in court” and “protect

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Apple, Samsung return to court to review the patent verdict

Apple and Samsung return to a San Jose, California court to reconsider the jury’s decision that awarded Apple USD 1.05bn in damages caused by Samsung’s infringement of Apple’s patent. The South Korean firm wants the patent verdict overturned, or the

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Has Apple lost it?

Bernard Marr-Best-selling business author and enterprise performance expert Apple Inc. clearly is a great business success story, or is it? It is one, if not THE, most successful company on the planet with a balance sheet that is currently showing

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Apple next in the list of low overseas tax payers

Apple is reported to have paid less than 2% corporation tax on its profits outside the US. It is the latest in the list of companies, including Starbucks, Facebook and Google, that have paid the lowest overseas tax, having paid

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Apple forced to publish an apology to Samsung over iPad design wrangle

The UK High Court ruled on a dispute between the two smartphone giants, Apple and Samsung, and forced the former to publish a statement in which Apple admits that Samsung has not infringed its designs. The statement from Apple is

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US appeals court overturn Samsung Galaxy Nexus ban

The US Court of Appeals overturned a ban on sales of Samsung’s Galaxy Nexus phone. Apple had approached the Court to ban the sales of Samsung Galaxy Nexus post its victory at the California court earlier this year, which awarded

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Apple seeks an additional USD 707m from Samsung

Yes! You read that right. Apple is seeking USD 707m more in damages from Samsung after winning the battle in the court a few weeks ago. The iPhone and iPad maker is demanding more, saying Samsung has caused irreversible “damage

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Apple Unveils New iPhone 5

In the event dubbed as the “largest consumer electronics launch in history”, Apple has unveiled a new iPhone that is bigger, faster, thinner and 4G capable. Apple launched its newest smartphone in San Francisco on Wednesday, the iPhone 5, showing

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Apple seeks ban on yet another Samsung gadget

Apple has added Galaxy Note Tablet to the list of Samsung sales it is trying to seek ban on for infringing its patents. If the new court rules in favor of Apple, the court has the power to halt Galaxy

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Tokyo Court Decides in Favor of Samsung

Tokyo court ruled that Samsung has not infringed on patents held by Apple. Tokyo District Judge Tamotsu Shoji dismissed the case filed by Apple in August, finding that Samsung was not in violation of Apple patents related to synchronizing music

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Date set for hearing over Samsung phone ban

Apple’s legal motion did not stop after the recent verdict required Samsung to pay Apple more than USD 1bn for infringing several of the iPhone maker’s patents. Apple has approached the courtoom again and asked for a ban over eight

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Apple Asks the Court to ban Sale of Eight Samsung Phone

Apple has sought the US District Court in San Jose, California, to ban eight Samsung mobile phones in the US. The phones include Galaxy S 4G, Galaxy S2 AT&T model, Galaxy S2 Skyrocket, Galaxy S2 T-Mobile model, Galaxy S2 Epic

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Samsung to pay Apple $1bn in damages

A jury ruled on Friday that Samsung should pay Apple $1.05bn in an intellectual property dispute in the US, saying several of Apple’s software and design patents were breached by Samsung. Samsung’s claim that Apple had infringed several of its

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Apple- the world’s most valuable company of all time

With a market value of approximately USD 623bn surpasses Microsoft’s record of USD 620.58bn set in 1999. (Figure not adjusted for inflation). The company’s shares closed at USD 665.15, 2.6%, higher than Friday’s close. The news comes ahead of the

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Apple Pulled out of the Electronic Product Environmental Assessment Tool

The organizers of Electronic Product Environment Assessment Tool (EPEAT) announced last week that Apple was withdrawing its products from registry and would no longer submit new devices to receive ratings. “We regret that Apple will no longer be registering its

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Amicable Solution Needed for Business Rivalry between Samsung and Apple

Apple has been ordered by a court in Netherlands to compensate for infringing a patent held by Samsung relating to the way phones and tablet PCs connect to internet. The amount has not been specified yet, but the damages will

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Apple head Tim Cook says he is not the next Steve Jobs

Apple’s new chief executive Tim Cook has said he is not trying to be the next Steve Jobs. “Steve was a visionary. My role was never to replace him,” he said in his first live media interview. Mr Cook was

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