September 5, 2007 |
The iPhone can be bought in China, even though Apple Inc. isn't selling it there, and the gadget doesn't function properly despite costing twice as much as in the United States. Enthusiasts willing to pay 8,800 yuan -- $1,170 -- can buy the phone at electronics markets in Beijing, Shanghai, Shenzhen and Guangzhou, the electronics newspaper Dian Nao Bao reported in its Monday editions. In the U.S., the combination cellphone-iPod media player can be had for $499.
November 15, 2007 |
Apple Inc. won dismissal Wednesday of a shareholder lawsuit claiming that company officers including Chief Executive Steve Jobs were overpaid with illegally backdated option awards. Apple, maker of the iPod and iPhone music-and-video players, said last year that 6,428 stockoption grants issued between 1997 and 2002 were backdated.
April 17, 2007 |
Apple Inc. Chief Executive Steve Jobs received a salary of just $1 last year, documents filed Monday with the Securities and Exchange Commission said. Since returning in 1997 to the helm of the company he co-founded and catapulting Apple to record profit, the legendary Silicon Valley executive has opted to get only a token paycheck. But as of March 20, Jobs, 52, still owned more than 5.4 million restricted shares, worth about $494 million at Monday's closing price of $91.43.
October 11, 2007 |
Complaints over Apple Inc.'s use restrictions and recent software update for the iPhone have erupted into two lawsuits alleging that Apple and its carrier partner, AT&T Inc., engaged in illegal monopolistic behavior. The lawsuits were filed Friday in San Jose -- one in federal court and the other in state court. Both are seeking class- action status. The federal case accuses the companies of unfair business practices and violations of antitrust, telecommunications and warranty laws.
February 22, 2007 |
Cisco Systems Inc. and Apple Inc. agreed to share the iPhone brand, settling Cisco's lawsuit for trademark infringement. The agreement allows both companies to use the iPhone name and calls for their products to work together in the future, the companies said Wednesday in a joint statement. The settlement ends a six-week dispute between the Silicon Valley giants and puts Cupertino, Calif.
July 10, 2013 |
A federal judge ruled Wednesday that Apple Inc. led a conspiracy to raise the price of e-books. U.S. District Judge Denise Cote ruled against the Cupertino-based tech company after a trial in which the Department of Justice accused Apple of pressuring publishing companies to raise their prices in order to weaken rival Amazon.com. Now, Apple is liable for civil antitrust violations. LIVE DISCUSSION: Join us at 1:30 p.m. as we discuss the Apple ruling Join us at 1:30 p.m. as Times' staff writers Chris O'Brien and Andrea Chang discuss the ruling.
June 3, 2013 |
Shares of Pandora Media Inc. tumbled Monday after reports surfaced that Apple Inc. had taken a key step toward launching its own music streaming service. Warner Music Group has signed a publishing and recorded music licensing deal with Apple for its long-rumored Pandora rival, widely referred to as iRadio , according to multiple reports. About halfway through Monday's stock-market session, Pandora shares were trading at $15.06, down $1.96, or 12%, from Friday's closing price.
September 23, 2013 |
SAN FRANCISCO - Has Apple Inc. regained its cool factor? The company announced in a news release Monday that it sold 9 million new iPhones over the weekend. That number blew past its previous records, trounced nearly all expectations on Wall Street and sent its stock soaring. Apple also confirmed that users were downloading iOS 7, the newer version of its mobile operating system released last week, at a record clip. For legions of Apple loyalists, the extraordinary results provided more evidence that the Cupertino, Calif., company's grip on consumers' imaginations and wallets remained as firm as ever.
October 21, 2013 |
SAN FRANCISCO - With the tap of a finger, Christian Gastón Palmaz can use his iPad to remotely control one of the most sophisticated winemaking operations in Napa Valley. The apps Palmaz and his information technology staff created for the iPad tablet enable them to monitor and adjust the temperature in large tanks lined with sensors to more precisely control fermentation. With the iPad at its heart, the system has replaced a labor-intensive process that required a winemaker to constantly draw and test samples and then manually adjust the temperature.
December 22, 2013 |
Gaining access to an audience it has coveted for years, Apple Inc. said it has reached an agreement to sell the iPhone through China Mobile Ltd., the world's largest mobile phone carrier with 763 million subscribers. The deal, announced Sunday, is expected to help Apple reignite its sales growth, which has slowed over the last year. How successful Apple will be depends in part on how flexible it's willing to be with the pricing of the iPhone, which remains among the world's costliest smartphones.