The Nasdaq stock exchange will cut the weighting it gives to Apple on a key index at the same time that it boosts the weighting for tech titans including Microsoft and Cisco Systems.
In a major rebalancing of the tech-heavy Nasdaq 100 index, which will go into effect ahead of the market open on May 2, the exchange aims to better reflect the current market values of several significant companies. For example, Apple's weighting on the Nasdaq 100 is currently more than six times that of Microsoft, even though Apple's market value is only 46 percent larger, according … Read more
Apple has come out the victor in a three-year-old patent infringement suit that would have cost the company more than $625 million for infringing on patents held by Mirror Worlds.
The case, in which a jury had found Apple liable last October, targeted the Cover Flow, Spotlight search, and Time Machine features found in Apple's Mac OS. The October jury ruling was fought by the Cupertino, Calif.-based technology company with an emergency motion to stay. In that motion, Apple said the damages were too high and urged the court to re-evaluate the evidence.
It's our job to keep the various rumors about upcoming Apple devices straight, but even we have a hard time. Right now, it's looking like Apple won't be releasing a new iPhone this summer as had been expected, but may later in the year. But what will it be like?
The cat-and-mouse game between Apple and the iOS hacking community is still afoot, with the recent release of an update to a tool that allows users to gain low-level system access and install unapproved third-party applications on iOS devices.
The iPhone Dev Team (not to be confused with Apple's own team that develops iOS), has released the latest version of its PwnageTool and RedSn0w tools, both of which let people jailbreak their iOS devices. The big news with this one is that it's "untethered," which means people don't have to worry about having to re-do … Read more
The second-generation MacBook Air is proving to be a strong seller for Apple, and one that could bring the company $2.2 billion in annual revenue if the current pace keeps up. That's according to a note by J.P. Morgan analyst Mark Moskowitz sent to investors earlier today, and picked up by the Financial Post.
Citing data from Gartner, Moskowitz notes that Apple shipped 420,000 MacBook Air units in the fourth quarter of 2010, which is up 333 percent from the same quarter last year, and 326.8 percent from the previous quarter. Moskowitz said that if … Read more
Some people were disappointed when Apple chose to shrink the iPod Nano, give it a smaller 1.5-inch multitouch display, and lose the built-in video camera. Well, if this photo from the Taiwanese Mac Blog Apple.pro--which has been fairly reliable with Apple "spy" pics in the past--is any indication, Apple may be bringing the camera back while retaining the current-generation Nano's tiny form factor.
It would be interesting to speculate how you'd shoot with such a small camera, but one obvious method would be to clip it on lapel-style, turning the Nano into sort … Read more
The tech blogosphere is abuzz this morning with news that Sony CEO Howard Stringer may have accidentally leaked word that Sony was supplying the camera sensor for the iPhone 5--and that delivery of that sensor has been delayed due to factory damage in Japan.
During an interview with The Wall Street Journal's Walt Mossberg at Carnegie Hall's Zankel Hall, Stringer reportedly was talking about how Japan's devastating earthquake and tsunami had affected 15 Sony factories. One of those factories happens to be where Sony makes its camera sensors.
9to5Mac's Seth Weintraub was at the event, which the public paid $20 to attend (the event was called Talking Tech with Sony and The Wall Street Journal). He reported the following:
I'm here watching Walt Mossberg talk to Sony's CEO, Sir Howard Stringer. Stringer just said that their camera image sensor facility in Sendai was affected by the tsunami. Getting image sensors to Apple will be delayed. Stinger said something to the effect of: "Our best sensor technology is built in one of the (tsunami) affected factories. Those go to Apple for their iPhones...or iPads. Isn't that something? They buy our best sensors from us?"
A new report from analyst ComScore says that the Verizon iPhone was the "most acquired" handset during the month of February.
ComScore's sampling, which consisted of more than 30,000 U.S. mobile subscribers, notes that the surge of handset buyers responding to the phone's launch earlier this year helped give Apple the strongest gain of market share in the OEM category. That gain amounts to an additional 0.9 percent between November 2010 and the end of February 2011.
Nonetheless, Apple remains below competitors at 7.5 percent overall in terms of OEM market share. … Read more