Apple CEO Tim Cook is scheduled to appear this morning before the Senate's Permanent Subcommittee on Investigations. But before then, he had to listen in silence as the leading Democratic and Republican lambasted Apple for working the system in a way they said was unfair, if not unpatriotic.
Prepared testimony of witnesses
Michigan Democrat Carl Levin, who is chairman of the subcommittee said that Apple had created "… Read more
Pandora, the music streaming site and app, on Tuesday launched Pandora Premieres, a station that allows listeners to preview upcoming albums up to a week before their release. The company said it will feature previews from a wide variety of artists, both established and emerging and across multiple genres.
Pandora Premieres will be updated weekly with new releases. Users can choose to hear any track on a featured album, in any order, and as many times as they'd like, … Read more
Apple has again been crowned the most valuable global brand in the annual BrandZ report.
Released today, Millward Brown Optimor's BrandZ report pegged Apple with a brand value of $185 billion, up from $183 billion last year. Based on financial data and the opinions of potential and current buyers, Apple retained its top rank in spite of the thrashing suffered by its stock over the past several months.
"Despite a more competitive marketplace and other challengers nipping at its heels, Apple's ability to maintain its no.1 position demonstrates the value that having a strong brand brings … Read more
A full-size iPad that gets closer to the lean design of the iPad Mini may finally be on the way.
Production of the fifth-generation iPad is slated to begin in July, according to a report from Taipei-based Digitimes.
The new 9.7-inch iPad will be 25 percent to 33 percent lighter than the iPad 4, Digitimes said.
The report echoes information supplied to CNET in April by NPD DisplaySearch.
Specifically, the 2,048x1,536 pixel-density Retina display (same pixel density as the iPad 4) will have thinner glass -- achieved by using new touch sensor technology -- and, most importantly, … Read more
More customers are satisfied with Apple's phones than any other handsets, but they're not as happy as they were last year, a new report said.
According to an American Customer Satisfaction Index report issued today, Apple received a score of 81 (on a scale of 100) in terms of customer satisfaction. But the company dropped 2 percent from its 2012 position, and the iPhone lags the customer satisfaction rating of 86 for Apple's desktop, laptop, and tablet business.
At the same time, satisfaction with Motorola phones jumped 5 percent from 2012 to 77, and Nokia grew 1 … Read more
On the eve of Apple CEO Tim Cook's hearing in front of the Senate's Permanent Subcommittee on Investigations, the subcommittee released a report Monday detailing how it believes the tech giant has avoided paying its fair share of U.S. taxes.
"Apple is an American success story," the report reads. "Today, Apple Inc. maintains more than $102 billion in offshore cash, cash equivalents and marketable securities (cash). Apple executives told the Subcommittee that the company has no intention of returning those funds to the United States unless and until there is a more favorable environment, … Read more
Sharing is caring -- if your Facebook and your network depends on it.
Monday, the social network simplified the process for sharing activities from third-party iOS apps to Facebook. The company rolled out something called the "Share Dialog," previously in beta, for its iOS software development kit, which means developers can now update their applications to make sharing to the social network as fast and brainless as possible.
Specifically, the developer tool gets the iOS app user from app activity to Facebook share with a single click. With the addition of the special dialog box, app users can … Read more
Apple on Monday posted a full testimony the company plans to present to Congress on Tuesday, detailing how and where it pays corporate taxes.
The 16-page document comes a day ahead of when Apple CEO Tim Cook is set to testify before the Senate Permanent Subcommittee on Investigation, which is looking into various tax-avoidance strategies by technology companies.
In its testimony, Apple pitches itself as a job creator, and it notes that it was likely the largest income tax payer in the country last year, paying out "nearly" $6 billion.
"These payments account for $1 in every $… Read more
Apple may be checking out displays for its much-rumored smartwatch.
The company has reportedly been examining 1.5-inch OLED screens built by Ritek subsidiary RiTdisplay, a Taiwan-based manufacturer of display panels, according to Taiwanese news source Economic Times. Apple reportedly was initially eyeing a 1.8-inch display but felt that was too large and switched to a 1.5-inch size.
CNET contacted Apple for comment and will update the story if the company responds.
RitFast, a joint venture between Ritek and Taiwan's YoungFast, would supply the touch technology for the so-called iWatch, the Economic Times added.
Another story from … Read more
Apple stores continue to outpace the rest of the retail industry in sales per customer.
The company took in record revenue per visitor of $57.60 during the first quarter, mobile analyst Horace Dediu said Monday in his Asymco blog. That's up from $51.75 per visitor in the first quarter of 2012.
At the same time, the number of visitors rose by 7 percent from the prior year's first quarter. And the average revenue per Apple store reached $13 million for the quarter, its highest number ever for a non-holiday quarter, Dediu noted.
The average number of … Read more
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