Ed Sutherland

Apple hit with $29 million Aussie tax bill

Not even Apple can avoid taxes - although it tries. According to a Friday report, the Cupertino, California company owes the Australian Tax Office a nice 28.5 million Australian dollars in back taxes, or approximately $29 million in US currency. Apple's tax bill for the entire fiscal year 2012, which ended September 24, sits at $94.7 million on $4.9 billion in revenue in local currency. Earlier this week, the French government demanded Amazon pay $252 million in back taxes. The government charged the online retail giant operated a network of smaller units, including a Luxembourgh-based tax haven...

Talk of Apple getting into TV space is premature

The holidays are a season when people believe in the impossible. But just as a fat man and a string of reindeer criss-crossing the globe overnight is a stretch of the imagination, so is the belief that Apple is about to get into the TV business. Like children wanting to believe, analysts have renewed speculation that the Cupertino firm is set to enter the fractious TV sector.

Not so fast, says one season observer. What some on Wall Street interpret as the "imminent launch" of an HD TV bearing the Apple logo likely is the iPhone maker simply exploring the cable television terrain ahead of a new product...

Steve Jobs biopic to focus on products and friction between execs

Lights! Action! Steve! Well, sort of. A biopic focusing on late Apple CEO Steve Jobs won't be a cradle-to-grave review of the man who pulled Apple out of the ditch. Instead, the film will feature three behind-the-scenes glimpses into Jobs' most famous products. According to screenwriter Aaron Sorkin who was hired to develop Walter Isaacson's biography of Jobs for Sony Pictures, the upcoming flick will be comprised of just three 30-minutes scenes backstage before the introduction of the original Mac, NeXT and the iPod. Sorkin is known for his screenplays featuring character studies, such as his acclaimed look at Facebook, The Social Network...

Apple researching facial-zooming and quieter iPhone vibration

Apple has applied to patent new technology designed to solve two annoying problems. One filing addresses that "silent" iPhone which you set to "vibrate" but instead noisily dances across tables and other hard surfaces. The other patent application could come in handy for iPhone and iPad mini owners constantly resizing their screens for a better view. However, the most intriguing invention Apple seeks to patent measures the distance of an iDevice owner's face from a screen, using a combination of the camera or other proximity sensor. Differing modes would then automatically adjust the size of content being viewed...

Analyst: sales of iPads and iPhones to skyrocket over the next six months

It appears Apple's marquee products - the iPhone 5 and iPad mini - are just hitting their stride. After initial questions over suppliers and build quality prompted sputtering sales, demand for the two devices is expected to skyrocket over the next two quarters. After talking with Apple suppliers, Morgan Stanley analyst Katy Huberty told investors Thursday that she believes the Cupertino, California company will beat Wall Street expectations, fueled by lower-priced parts, the growth of China and the addition of upcoming Apple Stores in Brazil, a first for the country...

GoodFellas grab $1.5 million worth of iPad minis from JFK airport

Have you tired of waiting in line at Apple's Fifth Avenue store? You may want to check out JFK Airport next time. Apparently, two thieves who wanted an iPad mini took the direct route,  driving away with $1.5 million worth of iPad minis Monday night from the New York City airport. The snatch-and-grab happened at the same cargo area made famous in the movie "GoodFellas." Although the crooks snatched two pallets with 3,600 minis from China and destined for U.S. buyers, they left three more loads likely to have held even more of Apple's newest tablets...

Gartner: Apple and Samsung shipped nearly half of all smartphones in Q3

As mobile phones become smarter, Samsung and Apple continue to rule the landscape as the world's best-selling cell phone brands. As for Google's Android platform, it now controls more than seven out over every ten smartphones in consumers' hands, a new report suggests. Both Samsung and Apple controlled 46.5 percent of the smartphone market in the third quarter.

The iOS-Android duopoly had a commanding 86 percent platform lead in the third quarter, according to research firm Gartner. Individually, the South Korean smartphone maker held 32.5 percent of the market while Apple held 13.9 percent, the researcher announced Wednesday. Android now controls an astounding 72.4 percent of the mobile operating system market for smartphones, up from 52 percent in the year-ago quarter...

Few are buying an iPad mini as an iPad replacement, survey claims

In another edition of our long-running 'quit your worrying' series, we present why the iPad mini won't take a bite from larger Apple tablet sales. You may recall, when the smaller iPad was introduced, experts offered wide-ranging estimates on how many sales the 7.9-inch tablet would cost the original iPad. A new survey suggests the number of cannibalized iPad sales will be very, very small. More than half of people who intend to purchase an iPad mini within the next 18 months have never owned a tablet, according to a survey conducted before Apple's new device hit stores.

Of that group, roughly 17 percent said the mini would replace another device, according to the Cowen and Co. numbers. Of the portion of people intending the mini as a replacement, 29 percent said it would be the iPad. However, 42 percent of the replacers were targeting their Windows PC...

Despite Android growth, iOS accounts for 60 percent of mobile videos

More evidence that our hunch was right: most mobile video traffic comes from iOS devices. Indeed, a new study finds that 60 percent of video not shown on PCs appear on iPad or iPhone screens. This despite a growing number of Android devices becoming a third screen for video consumers.

The news follows an earlier study in May by the same video monetization firm Freewheel. That research found iOS devices displayed 80 percent of mobile videos, hinting at inroads made by Android players...

Apple Stores outrank Tiffany in US retail sales per square foot

Next time you are in an Apple Store, look down. You are standing in the most profitable real estate of all retail. For the second year in a row, Apple Stores rank #1 with the highest sales per square feet, once again beating Tiffany for the top spot.

According to Retail Sales' ranking of U.S. chain stores, Apple Stores pull in $6,050 per square foot compared to Tiffany's $3,017. Apple's brick-and-mortar locations see 100 million visitors every three months, with each Apple Store visitor leaving $45...

iPad growth puts breaks on PC replacement cycle

Memo to PC makers: Your best days are over. That's the word from one Wall Street observer who says tablets such as Apple's iPad are reducing the need to regularly replace laptops and other computers. Indeed, the PC replacement cycle relied upon by computer makers will be one to two years longer, resulting in a loss of 50 million to 100 million PCs shipped annually, by 2015. By contrast, tablet sales are expected to skyrocket from 182 million in 2013 to 300 million by 2016 - with Apple the major beneficiary...

Patent troll VirnetX adds latest iOS devices and Macs to Apple lawsuit

Hot on the heels of the $368 million payout in the FaceTime suit, patent holding firm VirnetX is trolling Apple again, this time with claims that both the iPhone 5 and iPad mini infringe upon four patents. Both devices, along with the latest iPod and Macs, were added to the lawsuit. Just like the Facetime case could result in a ban of the iPhone 4S, this latest wrinkle might put sales of Apple's newest products in jeopardy ahead of the fast-approaching holiday season...