Apple’s resurgent stock may have as much to do with financial engineering as the company’s technological wizardry.
Apple’s Mac operating system will have easier ways to share and search, while the iOS software for iPhones and iPads is getting new features for keeping tabs on your health and controlling home devices.
Apple is striking a new chord with a $3 billion acquisition of Beats Electronics, a headphone and music streaming specialist that also brings the swagger of rapper Dr. Dre and recording impresario Jimmy Iovine.
Nearly 60,000 high-tech workers are likely to receive an average of $4,000 apiece in a settlement of a class-action lawsuit alleging Apple and Google conspired in an illegal cartel of Silicon Valley employers that secretly refused to recruit each other’s engineers.
A California jury awarded Apple $119.46 million, far less than it demanded, in a patent battle with Samsung over alleged copying of smart phone features, and the jury made the victory even smaller by finding that Apple illegally used one of Samsung’s patents.
California jurors have ended the day without reaching a verdict and will continue deliberating in a legal fight between Apple and Samsung over smartphone technology. The four men and four women left the federal courthouse in San Jose on Thursday after a full day of deliberations.
It was Apple versus Samsung but Google loomed large Tuesday during closing arguments at the monthlong federal trial involving claims of patent infringement exchanged by the world’s two largest smartphone makers.
A federal court in Silicon Valley has delayed closing arguments in the Apple vs. Samsung trial, but the case involving patent infringement claims is expected to end this week.
Google, Apple, Intel and Adobe Systems have settled a class-action lawsuit alleging they conspired to prevent their engineers and other highly sought technology workers from getting better job offers from one another.
Apple plans to buy back an additional $30 billion of its stock, raise its quarterly dividend by 8 percent and split its stock for the first time in nine years.