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Tag Archives: Apple

Berkshire takes huge bite of Apple, boosts airline stakes

Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) was an aggressive buyer of stocks in last year’s fourth quarter, nearly quadrupling its stake in Apple Inc (AAPL.O) and increasing its stake sevenfold in the four biggest U.S. airlines. In a regulatory filing, Berkshire reported owning 57.4 million shares of Apple as of …

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Apple hits record high but leaves some investors in dust

Apple (AAPL.O) shares cruised to a record-high close Monday, helping catapult the S&P 500 stock index over the $20 trillion mark in what amounts to a victory for plain-vanilla mutual funds over a bevy of hedge fund managers who recently backed away from the iPhone maker. The largest component of …

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Apple defies Wall Street with strong revival in iPhone sales

Apple Inc reclaimed the throne as the world’s top smartphone seller for the first time in five years on Tuesday, beating out rival Samsung in units shipped for the holiday quarter and boosting revenues with a strong showing for its new, top-of-the-line iPhone 7 Plus. The iPhone sales numbers, and …

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Apple sues Qualcomm in Beijing seeking 1 billion yuan

Apple Inc filed a lawsuit against Qualcomm Inc in Beijing, alleging the chip supplier abused its clout in the chip industry and seeking 1 billion yuan ($145.32 million) in damages, Beijing’s Intellectual Property Court said in a statement on Wednesday. Apple also filed a second lawsuit against Qualcomm which accused …

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Apple files $1 billion lawsuit against chip supplier Qualcomm

Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones. Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd …

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Apple files $1 billion lawsuit against chip supplier Qualcomm

Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones. Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd …

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U.S. appeals court revives antitrust lawsuit against Apple

iPhone app purchasers may sue Apple Inc over allegations that the company monopolized the market for iPhone apps by not allowing users to purchase them outside the App Store, leading to higher prices, a U.S. appeals court ruled on Thursday. The 9th U.S. Circuit Court of Appeals ruling revives a …

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Tesla taps Apple engineer for Autopilot software

Electric carmaker Tesla Motors Inc (TSLA.O) has hired a key Apple Inc (AAPL.O) software engineer to oversee its Autopilot self-driving software efforts, Tesla said in a blog post Tuesday. Chris Lattner, who served at Apple for more than a decade, said in a online message to Apple developers on Tuesday …

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Boosted by Apple, Wall Street parties like it’s 19,999

The Dow came within one point of 20,000 for the first time on Friday and the Nasdaq and S&P 500 reached record highs, boosted by Apple, extending a two-month rally fueled by optimism about U.S. President-elect Donald Trump. Apple (AAPL.O) climbed 1.1 percent after Canada’s Competition Bureau did not find …

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Apple pulls New York Times app from iTunes store in China

Apple Inc (AAPL.O) has removed the New York Times Co’s (NYT.N) news apps from its app store in China, following a request from the Chinese authorities. Apple removed both the English-language and Chinese-language apps from the iTunes store in China on Dec. 23, according to the New York Times, which …

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