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Apple Agrees To Pay $400 Million In E-Book Price-Fixing Case

Date:
July 16, 2014
Source:
Newsy / Powered by NewsLook.com
Summary:
The company said it would distribute the funds only if its appeal of a Department of Justice lawsuit isn't successful. Video provided by Newsy


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last updated on 2014-11-25 at 6:44 pm EST

Apple Files for Sales Ban on Nine Samsung Phone Models

Apple Files for Sales Ban on Nine Samsung Phone Models

TheStreet (May 27, 2014) — It's round two in the battle between Apple and Samsung after Apple filed for a sales ban on nine of Samsung's older models of phones. It's the latest in what has been a long legal battle between the companies. Earlier this month, Apple received only $120 million dollars in a patent lawsuit against Samsung, a fraction of the $2.2 bilion dollars it had originally sought in damages. Now, Apple is seeking a ban, arguing it is more important than any monetary compensation won in protecting the three patents it accuses Samsung of infringing. For its part, Samsung says the claims are overblown and a ploy to muscle out the competition. Apple has asked the court to either order a retrial or to review the compensation awarded by the jury. Video provided by TheStreet
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IBM Gets Closer To A Deal For Chip Making Unit With GlobalFoundries

IBM Gets Closer To A Deal For Chip Making Unit With GlobalFoundries

TheStreet (June 11, 2014) — IBM is getting closer to a deal for its semiconductor manufacturing unit with GlobalFoundries. IBM has been attempting to unload this unit, which loses up to $1.5 billion each year. GlobalFoundries is emerging as the most likely takeover candidate over other interested parties, such as Intel and Taiwan Semiconductor Manufacturing. The most valuable parts of the troubled IBM unit are its engineers and intellectual property. GlobalFoundries isn't very interested in IBM's manufacturing plants because it has its own modern facilities. Who gets to control what intellectual property will determine almost everything about this deal, including the price. IBM initially asked for more than $2 billion and potential bidders said they would be willing to pay half of that. In any case, the price has a lot of room to fluctuate depending on how much intellectual property IBM is willing to include. Video provided by TheStreet
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Tablet Sales Decline for the First Time Since iPad Introduction

Tablet Sales Decline for the First Time Since iPad Introduction

TheStreet (May 29, 2014) — Tablet computers are selling slower for the first time since Apple introduced the iPad four years ago, although to be fair, consumers still love them. Market intelligence firm IDC expects 245 million tablets to fly off the shelves in 2014. But, it was slow going into the first three months of the year. Shipments of new tablets fell 5% to just a little over 56 million units. Apple is the most popular tablet manufacturer in world with about a 20% market share, but Apple's shipments during the first quarter slid more than 16% to 16 million units. Some of the change can be attributed to users holding on to the devices longer, as many don't feel the need to replace what they already have and if they do upgrade, they give the older model to a family member or a friend, which makes them less likely to buy another one. Smartphone screens are also getting bigger and phablets are eating away at tablet's market share. Video provided by TheStreet
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More Shoppers Buy Google Chromebooks Than Apple Mac Books This Year

More Shoppers Buy Google Chromebooks Than Apple Mac Books This Year

TheStreet (Dec. 30, 2013) — Sales of Google's Chromebook surged this year -- outselling Apple's MacBook, according to a study by research group NPD. From January through November 2013, 1.76 million Chromebooks were sold -- that's up from a total of 400,000 sold last year. Altogether, Chromebooks made up 21% of notebook sales in 2013. Meanwhile, NPD's report showed that Apple's desktop and laptop sales dropped 7%. Amazon's list of hottest products during the holidays backs up the findings, as Chromebooks were its top two laptop sellers.
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