Taiwanese smartphone company HTC Corp’s net profit in the fourth quarter of 2012 missed forecasts and plunged 91 percent year-on-year as its models continued to be outsold by Apple Inc‘s iPhone and Samsung Electronics Co Ltd’s Galaxy range.
Tag Archives: Apple Inc
TECH STOCKS: Tech Stocks Manage To Eke Out Mild Gains
Tech stocks joined the broad market in a mild rally Friday following the latest U.S. unemployment figures, but sector leaders such as Apple Inc. and Microsoft Corp. still ended the day in the red.
Source: FULL ARTICLE at Fox Business Headlines
TECH STOCKS: Apple, Microsoft Down As Techs Look For Momentum
Losses from tech leaders such as Apple Inc. and Microsoft Corp. stood out Friday, as the overall sector tried to eke out gains in the wake of figures showing the U.S. unemployment rate holding steady in December.
Source: FULL ARTICLE at Fox Business Headlines
China court orders Apple to pay in rights dispute
A Chinese court has ordered Apple Inc. to pay 1.03 million yuan ($165,000) to eight Chinese writers and two companies who say unlicensed copies of their work were distributed through Apple’s online store.
Source: Phys.org
Analyst: Apple could pay for Brazil iPhone brand
A telecommunications analyst says Apple Inc. will most likely eventually agree to pay a Brazilian company for the right to use the iPhone brand in Latin America‘s biggest country.
Last week, Gradiente SA started selling smartphones with the iPhone brand after winning the legal right to use the name in Brazil. The phone runs on the Android operating system from archrival Google Inc.
Eduardo Tude, president of Brazilian telecommunications consultancy Teleco, says Thursday that the “most likely scenario” is that the two companies will reach an agreement whereby Apple will pay Gradiente for the use of the brand.
He says Apple would have to agree because it “doesn’t want to stop selling its product in Brazil.”
Apple spokeswoman Maria Parra Rodriguez said the company would not comment on the matter.
Source: Fox World News
Links 27 Dec: Apple's CEO Takes A 99% Pay Cut
By Tim Worstall, ContributorThis is less exciting or exotic than it sounds but Apple’s CEO, Tim Cook, took a 99% pay cut this year: Apple Inc. (AAPL) Chief Executive Officer Tim Cook will receive compensation for 2012 valued at $4.17 million, down 99 percent from a year earlier because of a lack […]
Source: Forbes Latest
TECH STOCKS: Apple Weighs Down Techs; Pandora Sinks
? Tech stocks were weaker in afternoon trading Wednesday, with Pandora Media and Tibco Software slammed on disappointing outlooks, and Apple Inc. on pace for its third straight session of declines.
Source: Fox Business Headlines