Advertisement
 
YOU ARE HERE: LAT HomeCollectionsApple Inc
IN THE NEWS

Apple Inc

BUSINESS
July 23, 2013 | By Andrea Chang
Apple Inc. topped Wall Street expectations by posting better-than-anticipated profit and setting a third-quarter record for number of iPhones sold. It was a welcome break for Apple, which has been in a bit of a slump lately because of a prolonged product drought and growing impatience among investors and consumers waiting for the company to come out with another blockbuster hit. Chief Executive Tim Cook played into that anticipation Tuesday, noting that the company had some "amazing new products" in the works but, as usual, remaining tight-lipped about what they were.
Advertisement
NATIONAL
July 11, 2013 | By David Horsey
In the battle of the technology business mega-monsters, Apple Inc. has lost a round to Amazon.com. On Wednesday, a federal judge in New York ruled that Apple “conspired to raise the retail price of e-books” with the aim of cutting into Amazon's market share. The judge said Amazon may now seek damages from Apple. The federal prosecutor in the case claimed this was a big victory for consumers. Well, maybe yes and maybe no. Amazon has become the 800-pound gorilla in the publishing world - actually, make that 8 million . The company sells so many more books than anyone else that it has driven so-called bricks-and-mortar bookstores, both big and small, to near extinction.
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....
BUSINESS
July 10, 2013 | By Salvador Rodriguez
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.
BUSINESS
July 10, 2013 | By Alana Semuels
NEW YORK -- Apple Inc. conspired to raise the prices of e-books, a judge ruled Wednesday morning, after a trial in which the Department of Justice accused the technology giant of aggressively pressuring publishers to raise prices and weaken Amazon.com. U.S. District Judge Denise Cote ruled that Apple is liable for civil antitrust violations, more than two weeks after closing arguments. “The Plaintiffs have shown that Apple conspired to raise the retail price of e-books and that they are entitled to injunctive relief.
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
June 21, 2013 | Andrew Tangel and Chris O'Brien
Apple Inc. is a price-gouging, conspiratorial bully. Apple is a pro-consumer, innovative hero. A federal judge now must decide which of those competing descriptions best fits one of the world's most valuable companies. Attorneys for Apple and the U.S. Department of Justice offered their closing statements Thursday in the government's e-book price-fixing trial. Federal prosecutor Mark Ryan concluded the Justice Department's case by again declaring that Apple conspired with publishers to raise prices, offering them a way to fight back against Amazon.
BUSINESS
June 17, 2013 | By Jim Puzzanghera
WASHINGTON -- Apple Inc., said it received 4,000 to 5,000 requests for customer data from U.S. officials during the six months ending in May, as it became the latest high-tech company to provide some details on its involvement in the National Security Agency's Internet surveillance program. The requests involved 9,000 to 10,000 customer accounts or devices, the company said in a statement on its website. Not all the requests involved the NSA's controversial Prism program, which the company said it did not know about until revelations in the news media on June 6. The data requests came from federal, state and local authorities and involved national security matters and criminal investigations, Apple said.
BUSINESS
June 14, 2013 | By Salvador Rodriguez, This post has been updated. See the note below for details.
Apple Inc., which has taken flak from some users for the design of its new iOS 7 mobile platform, may have already begun making changes to the system's look. The company on Monday unveiled the new operating system with the biggest redesign to the iPhone's software since the device launched in 2007. While some welcomed the new look, others criticized it. Among the top complaints were the lack of consistency in some of the apps' designs and the heavy use of bright, neon colors.
Los Angeles Times Articles
|