By Christian Zibreg on Nov 21, 2014
During a hearing Friday in Manhattan, a United States judge gave Apple final approval to pay $450 million to settle claims that it conspired with five publishers to raise e-book prices on the iBooks Store.
Reuters reports that Judge Cote approved what she called an “unusual” accord. The ruling came after Apple in July agreed to pay big bucks to settle price fixing allegations that the government and class action lawyers leveled against the Cupertino firm. Read More
By Cody Lee on Nov 10, 2014
Apple is planning its “most aggressive expansion yet” in the enterprise sector, according to a new report from Reuters. Citing sources familiar with the plans, the outlet says Apple is hiring a dedicated sales force, and working with developers who make industry-specific apps.
Apple is hoping to leverage its IBM and new developer partnerships into challenging market leaders like Hewlett-Packard, Dell, Oracle, and SAP. And its sales team is being tasked with pitching this new enterprise strategy to decision-makers at high profile firms, like Citigroup. Read More
By Christian Zibreg on Oct 8, 2014
In its first public comment Wednesday following a totally unepxected bankruptcy filing of its supplier GT Advanced Technology earlier this week, Apple now says it was taken aback by such turn of events while confirming its priority going forward will be preserving jobs at the Mesa, Arizona plant that GT had agreed to run on Apple’s behalf.
Company spokesman Chris Gaither said in a written statement to Reuters, The Wall Street Journal and other major outlets that “we are focussed on preserving jobs in Arizona following GT’s surprising decision and we will continue to work with state and local officials as we consider our next steps”. Read More
By Cody Lee on Sep 11, 2014
Future versions of the Apple Watch will focus more on health-related tracking, reports Reuters this afternoon. Citing people familiar with the company’s project, the outlet says that it plans to include “richer health features and additional sensors” in later generation models.
This would certainly appease those in the healthcare industry, and fitness junkies, who expected Apple to unveil a smartwatch earlier this week with groundbreaking health features. Instead, it merely tracks your heart rate, and movements via an iPhone’s Wi-Fi and GPS. Read More
By Christian Zibreg on Aug 22, 2014
We heard before that Apple faced several issues related to manufacture of the upcoming iPhone 6.
This is expected for any major Apple product with a brand new design demanding new production equipment and requiring contract manufacturers to develop custom ways to build and assemble products.
According to Reuters Friday, Apple’s plan to make every iPhone 6 component as thin as possible could backfire because a last-minute design change has sent suppliers “scrambling” to get enough screens ready ahead of the expected September 9 launch. Read More
By Christian Zibreg on Aug 12, 2014
Apple is working on bringing its new iOS 8 tool for developers called HealthKit to medical professionals in the United States. Eagle-eyed readers will remember that back at WWDC in June, Apple and the Mayo Clinic demoed the first HealthKit-driven app.
Reuters is now reporting that the Cupertino company has been discussing HealthKit integration with a number of US healthcare professionals, including renowned hospitals like Mount Sinai, Cleveland Clinic, John Hopkins and Allscripts… Read More
By Cody Lee on Jul 17, 2014
Reuters is out with a report this evening regarding the production timeline for Apple’s iPhone 6. Citing local media sources, the outlet says that the 4.7-inch model is set to begin mass-production later this month, with the 5.5-inch ramping up in August.
The bulk of the manufacturing will take place at Taiwan’s Hon Hai Precision Industry Co, also known as Foxconn. Pegatron is also said to be taking orders for the upcoming handset, and both companies have gone on hiring sprees to handle the workload… Read More
By Christian Zibreg on Jul 16, 2014
Reuters is reporting today that Apple has agreed to pay $450 million to settle its long-standing e-book price fixing federal court case with class action lawyers and state district attorneys.
As a reminder, the government alleged that Apple conspired along with five major U.S. publishers to fix e-book prices to the detriment of consumers, denying them the choice of price, while stifling competition.
$400 million of the $450 million will cover damage to consumers, with the remaining $50 million earmarked for recovery if liability must be retried… Read More
By Christian Zibreg on May 12, 2014
One of Tim Cook’s latest tricks meant to improve shopping experience and boost sales at Apple’s online store is decreased refund turnaround times for product returns, according to a Reuters report Monday. Previously, it took about ten working days to get a refund, according to estimates by retail-intelligence firm StellaService. These refund times have now been cut in half so customers can get a refund in a less than a week… Read More
By Cody Lee on May 9, 2014
Those excited for Apple’s next smartphone may not have to wait as long as originally thought to get their hands on one. Reuters passes along a new report from Taiwan’s Economic Daily News this morning which claims that the iPhone 6 could be just three months away.
Citing anonymous sources in Apple’s supply chain, the Daily News says that the 4.7-inch model of the new iPhone will reach stores as soon as August. The 5.5-inch model, the report says, will land a month later in September—same as the iPhone 5s and the 5 before it… Read More
By Christian Zibreg on May 5, 2014
We “know” from rumors that Apple with iOS 8 is planning to introduce a new application called Healthbook said to aggregate health and fitness data pulled from a variety of sources, be it third-party fitness/health apps found in the App Store, dedicated tracking accessories or more.
But that could be just the tip of the iceberg.
According to a mobile health executive who spoke to Reuters, the iPhone maker is looking to create a full-blown health and fitness ecosystem inspired by the App Store… Read More
By Cody Lee on Mar 31, 2014
Production on screens for the 4.7-inch version of Apple’s next iPhone could start as early as May, according to a new report from Reuters. Citing supply chain sources, the outlet says that Japan Display and other manufacturers are readying their facilities and could begin churning out panels next month.
Unfortunately, for those looking forward to the oft-rumored 5.5-inch model, it sounds like production issues have forced Apple to delay the handset. Reuters says that manufacturers are running into difficulties with in-cell technology, and the larger displays may not go into production for several months… Read More
By Christian Zibreg on Nov 8, 2013
Although tech titans Apple and Microsoft both sought to buy parts of BlackBerry, the board shied away from breaking up the company, according to a report Friday by Reuters. The ailing smartphone pioneer has determined that selling the company in pieces isn’t in its best interests, despite bids from Apple, Microsoft, Lenovo and others.
I’m not sure the board has necessarily made a wise choice. First and foremost, a full-blown instant comeback is literally impossible this late in the game. And while still profitable, BlackBerry is burning through its cash fast, unit sales are falling off the cliff, users are defecting to other platforms in droves and, worst of all, there are no cool new products on the horizon to be excited about.
And with the iOS-Android duopoly and Microsoft competing for the #3 slot, it’s indeed too late to turn BlackBerry’s fortunes around. Seems to me they should have just sold off parts of the company to become a competitive niche player, as one analyst suggested in August… Read More
By Ed Sutherland on Aug 22, 2013
Apple CEO Tim Cook, often compared to the iPhone maker’s mercurial co-founder Steve Jobs, is pictured in a new profile as a nuts-and-bolts technocrat able to balance a softer corporate image with the ability to make hard choices. After two years at the helm of the consumer electronics giant that is Apple, Cook is being described as a “methodical” and “no-nonsense” guy not afraid to make tough decisions.
Ahead of launching a new version of the flagship iPhone, Reuters speaks with Cook’s co-workers and colleagues, showing the Apple CEO is “as different as could be from that of his predecessor”… Read More
By Ed Sutherland on Jul 9, 2013
It’s a common practice now under fire from Germany’s finance chief: giving corporations tax breaks to locate and develop their patents – and hopefully hire local workers. In a Europe struggling with widespread economic troubles, the tactic known as the ‘patent box’ should stop, Germany asked a gathering of European Union finance ministers.
At the heart of the dispute between Germany and other European countries are reports Apple and others multinationals used local tax laws to save money… Read More
By Christian Zibreg on Jul 5, 2013
Japan’s top wireless carrier NTT DoCoMo still doesn’t carry the iPhone, a decision its executive Katzuto Tsubouhi defended in an interview with the Wall Street Journal by arguing that Apple’s device is no longer “the god of all smartphones.”
For DoCoMo, Google’s Android software provides more opportunities to customize the experience by preloading the handsets with a flurry of the carrier’s many services and applications, something Apple strictly prohibits.
But holding out on the iPhone has come at a price as NTT DoCoMo since the iPhone’s inception lost 3.2 million users of its 60 million subscribers to rival telcos who sell the iconic smartphone. In pointing the finger of blame at Apple the carrier told Reuters that the California firm wouldn’t let it put its logo on the device and preload its lifestyle apps… Read More
By Christian Zibreg on Jun 13, 2013
According to a Reuters report Thursday, Apple is talking to its suppliers and manufacturing partners about producing multiple iPhone models in the next year or so, including a long-rumored less expensive iPhone in a range of color choices and two larger-screen models. The report asserts Tim Cook & Co. are adamant to iPod-ize the iPhone by offering more screen and color choices in order to appease to those smartphone buyers who are increasingly considering larger form-factor devices to enjoy their media, surf the web and enjoy their content on a bigger screen… Read More
By Christian Zibreg on May 22, 2013
The ailing Japanese giant Sony could spin off its entertainment business amid heightened competition from the consumer electronics giant Apple and the South Korea-based conglomerate Samsung, Reuters reported Wednesday.
The news gathering organization writes the CEO Kazuo Hirai confirmed Sony’s board will discuss a proposal by U.S. hedge fund manager Daniel Loeb to spin off up to twenty percent of its movie, TV and music division because Sony has “fallen behind powerful rivals” such as Apple and Samsung in terms of both profitability and innovation… Read More
By Christian Zibreg on May 9, 2013
Just a day after contract manufacturer Pegatron warned investors its second-quarter earnings could drop up to 30 percent due to softening demand for iPad mini, other tablets, e-books and games consoles comes word that the company has ramped up hiring as it needs an additional 40,000 workers on top of its existing 100,000 employees.
The 40,000 additional workers are needed to presumably assemble a rumored less-price iPhone model for Apple, Reuters speculated Thursday, reiterating it heard from suppliers that Apple is indeed “developing a cheaper model of the phone” in order to broaden its sales base to lower-income buyers in growth markets such as China and India… Read More
By Christian Zibreg on Apr 10, 2013
Hon Hai Precision Industry, also known as Foxconn, assembles many Apple products, including iPhones and iPads.
And with an estimated 60 to 70 percent of its revenues owed to the Apple orders account, Foxconn’s earnings are scrutinized for any possible hint which could point to increasing or decreasing demand for Apple products.
Today, the contract manufacturer has posted a nineteen percent decline in sales in the first quarter compared with a year earlier. As you’d expect, Reuters immediately speculated the numbers are down because the company is “hurt by disappointing demand for the iPhone”… Read More