Money

Looking to sell? Amazon offers top dollar for iPhone trade-ins

Apple sent out media invites this morning for a September 12 event where many believe it will unveil the new iPhone. The handset is expected to become available for pre-order the same day, and launch in stores the following week.

The news has kickstarted the pre-announcement ritual of folks looking to sell off their old Apple gear to help pay for the new stuff. And if you're looking to do the same, Amazon appears to be offering top dollar for old iPhones...

Report: Samsung can delay $1B payment to Apple until 2013

It's a good thing Apple is filthy rich and doesn't need the $1 billion in damages from Samsung any time soon. Due to the timing of post-trial paper-shuffling and other courtroom delays, the South Korean company may not pay its bill until 2013 -- if ever.

The two rivals are set to meet Dec. 6 for pre-trial motions. Then any jury award to Apple will get an automatic 14-day stay. Judge Koh could also modify the damage amount. Foss Patents also reminds us that Apple could ask for something off Samsung's huge parts bill.

Sharp and Foxconn have yet to reach billion dollar investment deal

Earlier this month, word got out that Hon Hai (aka Foxconn) was looking to up its stake in Sharp Corporation to 10 percent, or more, giving it a fairly large piece of the Japanese company.

The news fueled rumors of an Apple TV set, as Foxconn is Apple's favorite manufacturer and Sharp, well, makes TVs. But according to a new report, the two sides have yet to reach a deal...

Latest iPhone 5 hint: Apple paying to recycle your 4S

Most are confident we'll see the iPhone 5 in mid or late-September. Because Apple isn't a blabbermouth about such things, its fans are left reading tea leaves looking for hints to divine Cupertino's exact intentions. The latest signal comes from the mothership itself. Apple will pay up to $345 for your old iPhone 4S.

The Apple Store is making the offer as part of its support for recycling old technology. Your gently-used 64GB white iPhone 4S could net you a $345 Apple Store gift card, while a 16GB black 4S will recycle $285 into your pocket. Apparently, Apple is hoping you'll use your windfall to buy the new iPhone 5.

Wall Street: Injunction or not, Apple wins fight against Samsung

Whether or not Apple is granted an injunction preventing Samsung sales in the U.S. doesn't concern Wall Street. Following the iPhone maker's patent-infringement win against the South Korean company, the real question is whether this causes consumers to pause.

"The key question is whether operators/customers will be willing to buy infringing Samsung handsets/tablets if there is risk they may have to stop selling them in the future," writes Wells Fargo analyst Maynard Um. Indeed, Um sees the only risk now facing Apple is whether they'll have enough iPhone 5 handsets to meet "unprecedented demand."

Devs say Doodle Jump still selling 300,000 copies per month

When the App Store first launched in 2008, it made a handful of developers extremely wealthy. Steve Demeter, for example, the creator of Trism, reportedly earned some $300,000 within a few months of the Store going live.

But since then, we haven't really heard much in the way of major developer success — other than high-profile acquisitions, and yet the dream of becoming a millionaire overnight with a hit app lives on. And this is why...

Apple becomes most valuable publicly-traded company of all time

Apple's stock has taken down several major milestones in the past couple of days. Last Thursday, AAPL closed at an all-time high of $636.34 per share, and it has since surpassed its all-time high of $644.

Today, the stock is trading at a staggering $665. And given the fact that it has 937.41 million shares outstanding, that gives it a market cap of $623.05 billion — the highest ever for a publicly-traded company...

Apple stock closes at all-time high ahead of new product rollouts

Apple's stock price has been on a bit of a roller coaster over the past 6 months. After nearly touching $650 during a mid-day spike back in April, it plummeted below $600, and has hovered around that mark ever since.

But good news for investors, it looks like AAPL is back on the rise again. Over the past few weeks the stock has climbed back above the $600 mark, and today, it closed at an all-time high of $636.34 per share...

Again, why you should never buy an iPad in a parking lot

Craigslist is arguably one of the web's most popular destinations for folks looking to buy stuff at a bargain. A virtual garage sale of sorts, one can find anything from furniture to exercise equipment.

Of course, you can also find electronics on Craigslist — Apple products even. But as we've said before, you should always be wary of buying Apple gear in a parking lot. And again, here's why...

Apple offered to license its portfolio of patents to Samsung in 2010

The high-profile patent trial between Apple and Samsung has exposed some pretty interesting intel on both companies. But the information brought to light tonight might be the best yet.

According to some new court filings, executives from the two tech heavyweights met in hopes of reaching a settlement back in 2010. And Apple actually offered Samsung a licensing deal...

Unopened first-gen iPhone appears on eBay for $10,000

After months of rumors and speculation, Steve Jobs unveiled the original iPhone on January 9, 2007 in front of a large Macworld audience at the Moscone Center in San Francisco.

The handset would later become available for purchase on June 29 of that year, and the rest, as they say, is history. And now you can own part of that great history for a mere $10,000...

New report offers more information about Apple-Twitter talks

Last week, news broke that Apple had, at one point, been in talks with Twitter over a massive investment in the social network. The report described the move as a "strategic investment" believed to be worth hundreds of millions of dollars.

Initially, it was believed that these negotiations had taken place in recent months. But a rebuttal by The Wall Street Journal claimed that it's been more than a year since this happened. And today, The WSJ is back with more information...