News for Apple

Feb 25 · 2:01:00 PM

Apple today announced that it has sold more than 10 billion songs via its iTunes Store. The 10 billionth song, "Guess Things Happen That Way" by Johnny Cash, was purchased by Louie Sulcer of Woodstock, Georgia.


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by Larry Etter

Feb 10 · 11:29:00 AM · Source: Company Press Release

Apple® today introduced Aperture™ 3, the next major release of its powerful photo editing and management software, with over 200 new features including Faces, Places and Brushes.
This builds on the Faces and Places features introduced in iPhoto® ’09


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by Larry Etter

Feb 3 · 10:40:00 AM · Source: Company Press Release

Apple has introduced iPad, a revolutionary device for browsing the web, reading and sending email, enjoying photos, watching videos, listening to music, playing games, reading e-books and much more. iPad's responsive high-resolution Multi-Touch display lets users physically interact with applications and content. iPad is just 0.5 inches thick and weighs just 1.5 pounds- thinner and lighter than any laptop or netbook. iPad includes 12 new innovative apps designed especially for the iPad, and will run almost all of the over 140,000 apps in the App Store. iPad will be available in late March starting at the breakthrough price of just $499.


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by Larry Etter

Jan 18 · 12:06:00 PM

Eastman Kodak Co. filed suits Thursday against Apple Inc. and Research In Motion Ltd. charging those companies with violating patents related to digital camera and digital imaging technologies. In a filing with the International Trade Commission, Kodak alleges Apple's iPhones and RIM's camera-enabled BlackBerry devices violated patents related to a method for previewing digital images. Kodak also filed two suits against Apple in the U.S. District Court for Western New York, charging Apple with infringing on patents related to digital cameras and certain computer processes.

· Related: Eastman Kodak
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by Larry Etter

Dec 31 · 2:49:00 PM · Source: Reuters

Apple won an appeal over alleged iPod hearing loss when The Ninth Circuit Court of Appeals in San Francisco affirmed a 2008 district court ruling that the plaintiffs failed to show that use of the iPod poses an unreasonable risk of noise-induced hearing loss.
It also found that the plaintiffs lacked standing to allege a violation of California's unfair competition law. Jeff Friedman, a Berkeley, California lawyer representing the plaintiffs, did not immediately return a call for comment. David Bernick, who represented Apple, had no immediate comment. An Apple spokesman was not immediately available for comment.


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by Michael Oliveto

Dec 29 · 4:38:00 PM · Source: Reuters

Apple's data-hungry iPhone at times overwhelmed London operator O2's network during the last six months but additional capacity helped ease the problem by December, O2 said on Tuesday.
O2, which is owned by Spain's Telefonica said some customers in the UK capital had periodically not been able to make or receive calls or transmit data because of pressure on the network from smartphones such as the iPhone. O2, whose exclusive contract to market the Apple handset in the UK expired in November, had seen an 18-fold increase in data traffic since the start of the year, a spokesman said.


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by Michael Oliveto

Dec 29 · 4:36:00 PM · Source: Reuters

Nokia Oyj announced that it has filed a complaint with the United States International Trade Commission (ITC) alleging that Apple infringes Nokia patents in virtually all of its mobile phones, portable music players, and computers.
The seven Nokia patents in this complaint relate to Nokia's pioneering innovations that are now being used by Apple to create key features in its products in the area of user interface, as well as camera, antenna and power management technologies.


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by Michael Oliveto

Dec 29 · 4:10:00 PM · Source: The Street

Thomas Weisel upped Apple's price target from $245 to $250. They maintained their rating as Overweight.
2010 and 2011 EPS estimates were increased to $7.82 and $9.82, respectively.


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by Michael Oliveto

Dec 7 · 2:42:00 PM · Source: Reuters

Apple is in talks to buy online music company Lala Media Inc., according to two people with knowledge of the situation, possibly signaling an expansion of the Company's music strategy.
Terms could not be learned.


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by Michael Oliveto

Nov 12 · 1:23:00 PM · Source: Apple Insider

Though Apple has shunned the stylus in favor of multi-touch on the iPhone and iPod touch, a new patent application suggests the company is investigating superior handwriting and input recognition via pen.
The patent application, revealed this week, describes a system that would comprehend complex "ink information" created from the use of a pen-like stylus. Entitled "Method and Apparatus for Acquiring and Organizing Ink Information in Pen-aware Computer Systems," the document includes multiple references to "tablet" style computers.


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by Michael Oliveto

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