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Apple wins $930M in patent dispute with Samsung, but judge won’t block sales

Federal Judge Lucy Koh has awarded almost $930 million in damages to Apple, after deciding that a number of Samsung’s devices infringed on Apple’s patents. However, Koh denied Apple’s request for a permanent injunction blocking the sales of those devices in America. Apple did not show that the patented features, including the iconic pinch-to-zoom gesture,… Read More

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Tech Moves: Apple CFO to retire; Vijay Vashee joins Versium board; and more

—Apple CFO Peter Oppenheimer will retire at the end of September, the company announced today. Oppenheimer has served as the company’s CFO for the past decade, and has been a regular fixture on the company’s quarterly earnings conference calls. He’ll be replaced by Luca Maestri, who was previously Apple’s Vice President of Finance and Corporate… Read More

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Fortune’s most-admired companies: Apple 1st; Amazon 2nd; Microsoft 24th

Fortune released its annual list of “most-admired companies” today, and Apple remained at the helm as Microsoft dropped out of the top 20. While Apple stayed ahead of the pack, rival Microsoft dropped seven spots from 2013′s rankings to 24th. Six Washington-based companies made the list, including: Amazon (2nd), Starbucks (5th), Costco (12th), Nordstrom (17th),… Read More

Sony to close 20 retail stores, including the one in University Village. (Credit: Yelp)

Sony closing Seattle store, ceding key retail battleground to Apple, Microsoft

Sony will be pulling its store from a very busy Seattle mall, leaving the fertile shopping ground to its biggest tech rivals Microsoft and Apple. Sony opened the store in University Village eight years ago, marketing it as a lifestyle experience, where consumers could come and interact with the company’s brands. Microsoft and Apple have neighboring… Read More

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Apple releases iOS 7.0.6 to plug a security hole

Apple released iOS 7.0.6 today, which fixes a security problem with how iDevices handled SSL connection verification. For users who can’t upgrade to iOS 7 because of the age of their hardware, Apple has also released iOS 6.1.6, which fixes the same problem. It’s a small update, clocking in at 35.4 MB on my iPhone 5S… Read More

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Later, dudes: Apple’s unit sales leave PCs in the rear-view mirror, for now

As Steve Jobs liked to say, “Boom.” Total unit sales of Apple products surpassed unit sales of computers running Windows last quarter, according to Andreesen Horowitz analyst Benedict Evans. Using numbers from Apple, Gartner and Andreesen Horowitz, Evans said the two companies were close to parity on device sales when counting Windows Phone units, though… Read More

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Chart: Here’s why Wall Street hates Apple

Over the past two days, Apple’s stock price has fallen to just above $500 a share, down from where it sat above $550 before its earnings release on Monday. Here’s why, according to a new chart from Statista: The Cupertino-based maker of iPhones, iPads and Macs has seen declining revenue and profit growth over the… Read More

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Samsung pulls further ahead of Apple as smartphone shipments top 1 billion worldwide

Smartphone makers sold 1 billion handsets worldwide last year, according to a report by IDC this morning. And nobody has more reason to be happy than Samsung. The South Korean electronics company sold 313.9 million smartphones last year, up 42.9 percent over 2012. Last quarter, the company sold 82 million smartphones, continuing to widen its overall… Read More

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Apple CEO cites carrier changes, iPhone 5S inventory as reasons for U.S. smartphone share decline

Apple CEO Tim Cook is not worried about Apple’s market share. “As I’ve said before, our objective has always been to make the best, not the most,” said Cook on Monday’s earnings call. “And we feel we’re doing that.” That said, it’s not all sunshine and roses. Cook did admit that the company’s iPhone business… Read More

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Watch out, Microsoft: Apple says iPad accounts for 90% of enterprise tablet activations

Microsoft is aiming to protect its turf inside large businesses with the help of Windows tablets that run Office, but a new statistic demonstrates the size of the challenge facing the company. During Apple’s quarterly earnings call this afternoon, CEO Tim Cook said that 90 percent of tablet activations in the enterprise are iPads, despite… Read More

Apple's University Village store. (Credit: Apple)

Apple reports quarterly revenue of $57.6B, driven by record iPhone, iPad sales

Apple announced today that its revenue for the quarter ending in December of last year was $57.6 billion, up almost 5.7 percent year-over-year. The company reported a net profit of $13.1 billion, and earnings of $14.50 per share. That means the Cupertino-based company beat expectations from a survey of analysts conducted by Thomson Reuters of… Read More

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Apple’s revenue should top $57 billion for December quarter, analysts say

Quarterly earnings season ticks on this week, with Apple entering the fiscal spotlight this afternoon as it announces its fiscal first-quarter earnings — including numbers for the peak holiday shopping season. If analyst projections are right, Apple’s revenue should top $57.45 billion, up 5 percent year over year, with earnings of $14.07 per share, according… Read More

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Microsoft Surface best guess: Around 1.5M tablets sold

So how is Microsoft’s Surface business doing? The company reported yesterday that Surface revenue in the December quarter was $893 million — more than twice the result of $400 million in the September quarter. However, Microsoft didn’t disclose the number of units sold or the comparable revenue figure for the same quarter last year. Fortunately… Read More

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Apple gets its court-appointed monitor benched … for now

Apple has been granted a temporary reprieve from the watchful eye of its court-appointed antitrust monitor. The second circuit U.S. Court of Appeals in New York has granted an administrative stay on the activities of Michael Bromwich, the former Justice Department Inspector General who is in charge of ensuring that Apple doesn’t violate the terms… Read More