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Samsung will reportedly sue Apple over LTE use on iPhone 5

With a little more than a day before the iPhone 5's expected debut, Samsung has decided to sue Apple for patent infringement over its reported use of long-term evolution (LTE) connectivity in the next-generation smartphones.

Expected to be unveiled at a press event in San Francisco on Wednesday, the iPhone 5 will reportedly feature the speedier fourth-generation wireless networking, for which Samsung holds numerous patents. Samsung, which has been locked in a series of high-stakes patent trials with Apple, had previously threatened to sue the iPhone maker if it were to release LTE-enabled products.

After reports Monday of LTE … Read more

Used iPhones flood the market anticipating the iPhone 5

With hours ticking down before Apple is said to unveil the new iPhone 5, old iPhones are flooding the market. eBay and Craigslist are full of them, and companies that specialize in buying back used mobile devices are reportedly busier than ever.

According to USA Today, NextWorth, which buys back used phones and gives quotes on their worth, had a record number of iPhone quote requests the past three weeks. From August 17 to September 6, requests for quotes increased by 610 percent over the same period before the launch of the iPhone 4S.

This may be because many iPhone … Read more

iPhone 5 will drive GDP, chip growth, analysts predict

Just how big is the expected release this Wednesday of the iPhone 5? How about big enough to show up in U.S. GDP growth and account for a sizable chunk of global chip revenues.

Adds to U.S GDP: Let's start with the U.S. economy. "We believe the release of iPhone 5 could potentially add between 1/4 to 1/2 percent-point to fourth quarter annualized [gross domestic product] growth," said JP Morgan in a research note today.

The note continued. "Our equity analysts believe around 8 million iPhone 5's will be sold … Read more

Apple's Sept. 12 iPhone 5 event: What to expect

The wait is almost over.

Apple has officially announced a September 12 press event in San Francisco, confirming months of rumors. And the invitation (reproduced above) leaves little doubt that the event will be the rollout of the iPhone 5 (or whatever name Apple chooses for its sixth-generation iPhone).

Rarely has a product ever been so analyzed, so rumored, and so leaked as Apple's next-gen phone. Not a day, or even an hour, goes by without a new picture of the rumored case, screen, connector jack, even headphones. Has all the excitement already been spilled, or is there something … Read more