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BUSINESS
August 2, 2013 | By Chris O'Brien
In a filing on Friday, Apple Inc. fired back against a series of measures proposed by federal attorneys that would restrict the company's ability to strike electronic-book deals. Apple attorneys said the "injunction is a draconian and punitive intrusion into Apple's business, wildly out of proportion to any adjudicated wrongdoing or potential harm. Plaintiffs propose a sweeping and unprecedented injunction as a tool to empower the Government to regulate Apple's businesses and potentially affect Apple's business relationships with thousands of partners across several markets.
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OPINION
May 23, 2013
Re "Apple's U.S. tax shelters faulted," May 21 French novelist Honoré de Balzac once wrote, "The secret of a great success for which you are at a loss to account is a crime that has never been found out, because it was properly executed. " That statement describes Apple Inc. perfectly, except it has finally been found out. Thankfully, Sen. Carl Levin (D-Mich.), chairman of the Senate Permanent Subcommittee on Investigations, seeks to expose Apple's fraudulent tax policies.
BUSINESS
August 15, 2008 | Michelle Quinn, Times Staff Writer
The Securities and Exchange Commission on Thursday settled the last civil case against a former Apple Inc. executive accused of stock-option fraud, closing its investigation into one of Silicon Valley's highest profile companies. Nancy Heinen, who was Apple's general counsel until leaving in 2006, agreed to pay $2.2 million in disgorgement, interest and penalties.
BUSINESS
July 4, 2013 | By Vincent Bevins and Chris O'Brien
SAO PAULO, Brazil - On a recent vacation to Orlando, Fla., from his home in Brazil, Tulio Avellar made sure to stop by such world famous tourist destinations as Walt Disney World and Universal Studios. But he also visited one of the most popular spots for anyone traveling from Brazil: the Apple store. The 23-year-old bought an unlocked iPhone 4S for $570 - about half its cost back home. Brazilians planning to visit the U.S. are often besieged by requests from friends and family to procure Apple products for them.
BUSINESS
August 8, 2007 | Michelle Quinn, Times Staff Writer
Apple Inc. is revamping the product that put it on the high-tech map: the desktop computer. Apple Chief Executive Steve Jobs on Tuesday introduced a line of iMac computers that are thinner and faster than their predecessors. The computers come with new software for storing and editing video and photos. The product's slogan is, "The new iMac. You can't be too thin. Or too powerful."
BUSINESS
August 31, 2007 | Joseph Menn, Times Staff Writer
Apple Inc. Chief Executive Steve Jobs is expected to announce a souped-up iPod and a deal to let iPhone users buy ring tones through the iTunes store at an event next week, music industry sources said. Following its custom, Apple recently sent invitations to analysts and reporters for a Sept. 5 event but didn't say what it was about.
BUSINESS
May 11, 2007 | From Bloomberg News
Apple Inc. Chief Executive Steve Jobs, pressed by shareholders to detail his role in a stock option scandal, said Thursday that the issue was put to rest after a Securities and Exchange Commission probe cleared the company. "Unless you think there's a conspiracy theory involving the SEC too, I don't know what else to say," Jobs told investors at the company's annual meeting in Cupertino, Calif., where it is based.
BUSINESS
March 22, 2007 | Michelle Quinn, Times Staff Writer
Apple Inc., which changed how people listen to music with its iPod, on Wednesday launched a set-top box that it hopes will transform how people watch videos in their homes. Apple TV enables users to wirelessly stream video and music from computers to televisions. The Cupertino, Calif.-based company said it began shipping the $299 product to customers who had pre-ordered it. The device is expected in Apple stores this week.
BUSINESS
September 5, 2013 | By Salvador Rodriguez
Apple Inc. is expected to announce new iPhone models next week, but could it also announce a new version of Apple TV? In August, the Cupertino-based tech giant received three shipments from one of its suppliers of set-top boxes, according to Panjiva , a company that organizes global trade and shipping data. Panjiva noted that these shipments could be for any number of things, including a new version of Apple TV, the long-rumored TV set by Apple. PHOTOS: Biggest tech flops of 2013 -- so far An Apple TV set -- the iTV perhaps?
BUSINESS
July 11, 2013 | By Paresh Dave
Two in five smartphones sold in the U.S. this spring were iPhones. But that may not be good enough for Verizon Wireless. The company must sell $23.5 billion worth of iPhones this year to meet a  commitment it made to Apple Inc. in 2010, according to an investment research firm's analysis of SEC filings.  PHOTOS: Top smartphones of 2013 Because of slower-than-expected sales, Verizon now must double its iPhone sales of last year....
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