Home » Company » Apple Inc

Apple Inc

Apple Faces $840 Million E-Books Antitrust Claim

According to Bloomber.com/news Apple faces as much as $840 million in state and consumer antitrust claims related to electronic-book deals with publishers as it continues to oppose a court-ordered monitor in a related U.S. government case. State attorneys general and consumers who sued the world’s most valuable technology company are seeking $280 million in damages and want that amount tripled, ... Read More »

High Tech Companies Join Forces to Limit Government Surveillance

According to Reuters U.S. high tech companies have joined hands to start a public campaign for new limits on how governments collect user information amid concerns of growing online surveillance. The companies — Google Inc, Microsoft Corp , Apple Inc, Facebook Inc, Twitter , LinkedIn Corp, Yahoo Inc and AOL Inc — issued an open letter to U.S. President Barack Obama and Congress to bring in reforms and restrictions on surveillance activities.  ... Read More »

Apple Reports Record Results

47.8 Million iPhones and 22.9 Million iPads Sold Apple® announced financial results for its 13-week fiscal 2013 first quarter ended December 29, 2012.  The Company posted record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion, or $13.81 per diluted share.   These results compare to revenue of $46.3 billion and net profit of $13.1 billion, ... Read More »