The Five Internet Companies, Apple Inc., Google Inc., Facebook Inc., Amazon.com Inc. and eBay Inc. are accused of UK Tax dodging. The money owed to the exchequer is known by the officials as the tax Gap has grown to an epiphora of 35 billion HM Revenue and Customs has admitted.
Apple buys the Cue App, the popular personal assistant app that had announced that it was shutting down. The terms of the deal is still undisclosed but as reports suggest it could be anywhere between $35 million to $60 million.
Apple Inc. introduced a pair of new iPhones, including a cheaper plastic version in bright colours and an updated high-end device with a fingerprint scanner. The new devices, which were unveiled by Apple chief executive Tim Cook at the company’s headquarters in Cupertino, California is seen as a strategy shift to reach a broader range of customers around the world.
Since the release of iPhone 5, rumours about its follower have filled the internet, analyzing how the next gen Apple smartphone could evolve. Apple’s iPhone 5S or iPhone 6, depending on which name the Apple Inc. goes for, is arguably the most hotly anticipated smartphone of the year.
At WWDC 2013, Apple Inc. CEO Tim Cook did what this technology giant has always been famous for- setting the industry standards – from presentation to the slew of software updates and revamps, new service products for their top of the line desktop and mobile operating systems.
Apple Inc. has begun a new program in continuation to its earlier programs to offer latest models to loyal users. Most analysts believe it is also a step to counter the Samsung Electronics Co.’s deluge of latest smartphones and devices.
It is nothing new that Apple Inc. and Samsung Electronics Co. have been at war with each other for infringing technology patents held by the respective companies, so simply the story, which is full of twists in the plot, continues. Considering that Samsung Electronics Co. provides the processors used in Apple’s products, the patent wars are long-drawn and involve a lot of subtle contesting.
Apple Inc. continues to be embroiled in legal hassles with the US government. On the 3rd of June 2013, the high net-worth technology company will be facing a non-jury trial filed by Department of Justice.
Apple Inc. set foot in the ebook market space in 2010 with its iBookstore. Prior to setting up of the ebook store, Apple Inc. had tied with several publishers to sell books on its platform. However, the company chose a pricing-model for its ebooks that was different from existing market structures.
Samsung Electronics Co., which has established itself as the market leader in the Android tablet and smartphone categories, was on display at 2013 E-Tech Awards on the 23rd of May at the CTIA trade show held in Las Vegas. In an interesting development, Apple Inc. has added one more Samsung model to its long list of Samsung devices that it wants the federal judges to review for patent infringement.
Black clouds are gathering over Apple Inc. and its CEO Tim Cook as the Senate panel has found that the smartphone giant avoids paying corporate income tax. The Apple CEO is due to excuse the company’s tax practices to the Senate Permanent Subcommittee on Investigation on the 21st of May and it seems that he will face bitter criticism over the company’s operations.
Famed Google Developer Conference Google I/O held between the 15th May and the 17th May in San Francisco emblazons the technology giant’s latest products, services and more. Google Inc. is expected to soon bring music streaming product as it wants to gain share in the market dominated by Apple Inc.
The competition among the top players in the smartphone and tablet segments has now reached the corridors of the US Department of Defense. Undeniably, the recent approval of Blackberry Operating System 10 by Pentagon implies that personnel can use Blackberry devices and applications for communication.
Not surprisingly, Apple Inc.’s iPad, the game-changing device, continues to dominate market with its latest version release – the iPad mini. The research firm IDC projected that Apple Inc. would sell approximately 18.7 million units in the first three months of 2013.
Samsung Electronics Co. can surprise. And it has surprised again with its record quarterly profits exceeding analysts’ expectations as the smartphone bonanza continues. No doubt that the South Korean electronics manufacturer witnessed these strong results as strong sales of its Galaxy models indeed offset weak demand for the company’s TVs. It seems that Samsung Electronics Co. will enjoy maybe even stronger results in the upcoming months as its new Galaxy S4 smartphone is expected to strengthen the company’s presence in the US market.
The Apple Inc.’s conference on quarterly earnings turned out to be a curtain raiser on the devices to be released later this season. Apple CEO Tim Cook revealed that a follow-up to iPhone 5 will be launched by the end of the year. He also reiterated that Apple’s position as a market leader in the smartphone and tablet form factor was the ‘distinct and unique’ advantages it had due to hardware/software and services skills
If news is to be believed, then, the much harried users of legacy iPhone variants and iPod Touch are likely to receive nearly $200 or more as compensation, against Apple’s refusal to service their devices despite a valid service warranty. According to a leaked settlement between consumers and the chief of Apple Inc.’s litigation unit-Noreen Krall, the US-based company will pay $53 million to settle a class-action suit.
Samsung Electronics Co. is bracing for a new thrust as it is to open new mini stores in Best Buy. The move is clearly targeted at Apple Inc. and its commanding position in the US. The question is whether this step can pose a threat to the dominance of Apple Inc. in its homeland market.
According to the newest Gartner’s report, manufacturers have seen mobile phone sales slump for the first time since 2009. Despite weak overall mobile phone sales in 2012, Apple Inc. and Samsung Electronics Co. are still the lead and no company would threaten their positions.
According to some sources familiar with the matter and DigiTimes happens to be one of them, Apple Inc. is to release the low-cost iPhone in China and other emerging markets later in 2013. Analysts believe that the new low-cost iPhone will have a price tag between $200 and $250. The launch of the low-cost iPhone comes as Apple Inc. wants to have a bigger market share in China, which happens to be the biggest mobile market, and other emerging markets as competition among smartphone makers is getting more fierce.