While it may not be on par with the defendant who won that big lawsuit with McDonald’s over their coffee being too hot, Apple is again faced with legal action, this time from an 83-year-old woman who walked into the glass door at a Long Island retail location.
You’d think after releasing the third-generation iPad, executives at Apple might get some rest over the weekend, but instead they issued a rare Sunday press release to announce a conference call to discuss its cash balance, which now amounts to nearly $100 billion.
MacLife.com readers are among the most awesome Apple fans on the planet, so we don’t have to tell you how our favorite company has been chewing bubblegum and kicking ass (bonus points to those who can name which movie that line hails from!). But sometimes we just need to see it laid out in one awesome post -- and here it is!
That surge of Twitter activity this evening was the internet going ape for Facebook’s new IPO filing today in an effort to raise $5 billion. Hey, good luck with that, guys… we’re just hoping all that cash will bring some much-needed fixes to the website, but Zuck probably has some other cool stuff in mind. Oh, and don’t forget to download Mac OS X 10.7.3 which finally hit Software Update today -- and while you’re downloading, maybe catch up on the rest of the news for Wednesday, February 1, 2012.
We’re all familiar with the expression “what goes up, must come down” -- but apparently that means nothing to the folks at Apple Inc., who continue to soar ever-higher with their quarterly financial results. Tuesday was no exception, with first quarter revenue of $46.33 billion and net profit of $13.06 billion. Is there any end in sight for this runaway money-making freight train?
What do you do when your company suffers a $56 million second-quarter net loss? If you’re Motorola Mobility, you cash in by selling your soul to Google for a cool $12.5 billion, which is exactly what the search giant announced early Monday.
While neither company is popping the champagne just yet, rumors claim that Apple and China Telecom have reached a “preliminary agreement” that would bring not one, but two iPhones to the carrier this fall -- the iPhone 5 and a scaled-down iPhone 4.
While others chose to walk away from negotiations (Google) or ignore them completely (Amazon), it appears that Apple was successful at getting the record labels on board for its new iCloud service -- but at what cost?
If you were Microsoft, how would you spend $8.5 billion to acquire another company? Apparently, the house that Gates built figures a VoIP outfit like Skype makes sense, as the two companies announced the acquisition on Tuesday morning.
On Wednesday, Apple announced their financial results for the quarter ending March 26 (technically their fiscal second quarter). There was little bad news to go around, especially with the company’s largest non-holiday quarterly revenue (and earnings) to date.