Investors are liking Apple's direction lately, pushing the stock to $600 per share for the first time since 2012. Shares of AAPL closed at $600.96 each on Monday, a nice hike up from the under $400 price the stock was sitting at in April 2013.
Apple's shares were up more than $8 for the day to reach the 52 week high, bringing the Cupertino-based company's market capitalization to a hefty $517.65 billion.
After finding Samsung guilty of infringing upon three of the five Apple patents included in the second Apple vs. Samsung suit in California and awarding the iPhone maker maker a paltry $119.6 million in damages, the jury on Monday found that the Galaxy maker did not owe Apple any additional money.
Therefore, the original verdict has stayed intact.
Judge Lucy Koh asked the jurors to recalculate the damages after Apple's legal sharks complained that one infringing Samsung device was left out of the final tally. Hit the jump for the full details...
Apple has joined SF Gives, a local San Francisco anti-poverty initiative, and has donated half a million dollars to the charity, sources revealed to Forbes Monday. SF Gives was set up by the CEO of non-profit Tipping Point, Daniel Lurie, and Salesforce.com CEO Marc Benioff.
It was established in March to help fight poverty and fund charitable programs in the Bay Area.
Apple is one of many companies supporting the cause. Other corporate contributors include Google, LinkedIn and Zynga, to name a few...
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...
Are you a frequent Amazon shopper and a heavy Twitter user? If so, you'll be delighted to know that you can now add products to your shopping basket without ever leaving Twitter. It couldn't be easier: simply find a tweet containing an Amazon product link, reply with #AmazonCart and voilà - the product in question gets quickly saved in your Amazon shopping basket.
You can add as many products as you want this way before checking out at your convenience later. #AmazonCart is currently available in the United States and in the United Kingdom, where it's called #AmazonBasket...
Swiss watch maker Swatch is not happy about Apple's iWatch. To be more specific, the company is not happy about the fact that Apple's wearable may be called iWatch, a name that definitely sounds a lot like iSwatch, a trademark registered by the watch maker for one of its lines of watches.
Nevermind the fact that Apple has yet to unveil the iWatch, which by the way might not even be called iWatch, Swatch is going on the offensive...
The verdict has just been given in the second trial opposing Apple to Samsung, which has taken place in California over the last month.
After hearing 50 hours of testimonies and deliberating for three days, the jury has finally come to an agreement and found that Samsung has infringed on three Apple patents, while Apple infringed on one Samsung patent...
Apple has acquired LuxVue Technology, a company that makes low-power displays for mobile electronics, according to TechCrunch. Citing sources close to the transaction, the site reports that the iPad-maker has added LuxVue to its hardware innovations team.
Little is known about the deal, and even less is known about the company. Other than its big $43 million in funding, LuxVue has managed to fly under the radar. Patents reveal, however, that it specializes in micro-LED tech that could be used in future iOS devices...
I don't think many folks were expecting Apple to unveil any exciting new hardware at WWDC this year. The company has rarely used the developer conference to unveil non-software related products, outside of maybe refreshed MacBooks and other Mac products.
But for those who were still holding out hope for a Jobs-like 'one more thing,' I have some bad news. According to a new report from Recode's John Paczkowski, the company has no intention of using WWDC to show off the long-rumored iWatch or revamped Apple TV...
Historically, Apple has spent far less than Samsung and other competitors on stuff like marketing and advertising. Things like product placements and celebrity endorsements came easily for devices like the iPhone and iPad, due to their initial popularity and slight competition.
But competition has stiffened over the years, and with Samsung forking out millions of dollars to get its products into the hands of Lebron James and selfie-taking celebrities, Apple needs to step up its game. So it's looking for a new 'Buzz Marketing Manager' to give it a boost...
According to a new report from The Washington Post tonight, Apple will join Google and other high-profile companies in updating their privacy policy to routinely notify users when a government or law enforcement agency requests information on them.
The move should appease user privacy rights activists, who believe it's unlawful for a government agency to have the power to access user data so discretely. The Justice Department, however, is concerned that the new routine could threaten investigations...
Angela Ahrendts has left fashion retailer Burberry and started her new position at Apple as the Senior Vice President of Retail and Online Stores, according to an update to Apple's Executive Profiles website on Friday.
Tim Cook, CEO of Apple, confirmed on the company's quarterly earnings call last week that Ahrendts would be starting at the Cupertino-based company this week, following now-false rumors she would be staying on at Burberry until June.