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August 20, 2012 Posted By:
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On Friday, Google’s Motorola Mobility filed a new lawsuit against Apple with the U.S. International Trade Commission (ITC) in Washington, seeking to ban the imports of virtually every Apple product into the U.S. At the time, the details of the filing weren’t public yet, but the ITC has now posted the full complaint online and we can...
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August 20, 2012 Posted By:
admin
With Monday's run, its market capitalization clears $623 billion
FORTUNE -- Apple's (AAPL) share price went on a tear Monday, gaining more than $16 a share to hit $664.74 in late morning trading.
With 937.41 million shares outstanding, that put its market cap at better than $623 billion -- an all time record for a publicly trading company.
The previous record holder was...
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August 20, 2012 Posted By:
admin
Apple is now the most valuable company of all time, with the Cupertino-based company’s market cap reaching a high of $621 billion. The company’s stock is trading at $664.12 per share, and reached a record price of $664.74 per share in trading today.
Microsoft previously set the record for a public company’s valuation at $618.9 billion...
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August 20, 2012 Posted By:
admin
As Apple's share price approaches $665, are some analysts having second thoughts?
FORTUNE -- After Apple (AAPL)'s third fiscal quarter earnings came in below Wall Street's expectations, several analysts -- including Goldman Sach's Bill Shope, ISI's Brian Marshall and BMO's Keith Bachman -- lowered their 12-month price targets (to $790, $710 and $680, respectively).
At least their targets are still higher than...
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August 19, 2012 Posted By:
admin
On Friday, Google’s Motorola Mobility unit filed a patent-infringement lawsuit against Apple with the U.S. International Trade Commission (ITC) in Washington. So far, Motorola has only confirmed that this lawsuit has indeed been filed. The details of the lawsuit remain elusive, as the actual documents won’t be available on the ITC’s website until Monday and Motorola hasn’t...
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August 19, 2012 Posted By:
admin
On Friday, Google’s Motorola Mobility unit filed a patent-infringement lawsuit against Apple with the U.S. International Trade Commission (ITC) in Washington. So far, Motorola has only confirmed that this lawsuit has indeed been filed. The details of the lawsuit remain elusive, as the actual documents won’t be available on the ITC’s website until Monday and Motorola hasn’t...
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August 19, 2012 Posted By:
admin
Mountain View turns the tables on Cupertino at the U.S. International Trade Commission
FORTUNE -- So far, the "thermonuclear war" Steve Jobs promised to wage against Google (GOOG) for allegedly ripping off the iPhone has been fought through proxies -- several dozen lawsuits filed in courts around the world against the manufacturers of Android phones and tablets.
Now, in a move rich...
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August 18, 2012 Posted By:
admin
Earlier this week, a few reports emerged about Apple’s upcoming plans to disrupt the TV market. The first mentioned that Apple was trying to work with cable providers on finding new ways to distribute TV through its hardware, rather than trying to license content itself. The second report gave a few more details about what that hardware...
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August 17, 2012 Posted By:
admin
Company acknowledges "mistake" as planned cutbacks are reversed
Daring Fireball's John Gruber likened it to the most vicious dressing down of a sales staff in American film history -- Alec Baldwin's tirade in Glengarry Glen Ross. The Loop's Jim Dalrymple called it "one of the worst decisions" Apple (AAPL) had made in a decade. "This has the stench," Dalrymple wrote, "of a man...
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August 17, 2012 Posted By:
admin
According to Bloomberg, Google’s Motorola unit just filed a new patent-infringement lawsuit against Apple with the U.S. International Trade Commission (ITC) in Washington. According to this report, Google’s complaint seeks to block Apple from importing the iPhone, iPad, iPod Touch and “various Apple computers.” Today’s lawsuit is only the latest in a long series of recent...
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