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Federal jury finds Samsung and Apple both guilty of patent infringement

SAN JOSE, Calif. — Samsung was ordered Friday to pay Apple $119.46 million after a Silicon Valley jury found the South Korean company guilty of copying key features of the iPhone in creating its own line of smartphones. Federal jury finds Samsung and Apple both guilty of patent infringement The verdict was a far cry […]

Samsung reports Q1 profit of $7.3 billion

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SEOUL, April 29, 2014 (BSS/AFP) – Samsung Electronics reported today a 5.9 percent year-on-year increase in first quarter net profit to 7.57 trillion won ($7.3 billion) but operating profit declined for a second straight quarter on slowing smartphone revenue. Samsung reports Q1 profit of $7.3 billion Operating profit stood at 8.49 trillion won for the […]

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Apple’s China success sets stage for iPhone 6, new products

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Strong sales of iPhones in China and emerging markets sets the stage for Apple to reap even higher profits after it launches the next iPhone and other new products, analysts said. Apple’s China success sets stage for iPhone 6, new products At least 15 brokerages raised their price targets on the stock by as much […]

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Asia markets: Tech sector brightens as Apple jumps 8 percent

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(Reuters) – Asian markets could get a lift on Thursday after tech heavyweights Apple and Facebook beat Wall Street expectations, sending their stock up sharply and boosting Nasdaq futures. Asia markets: Tech sector brightens as Apple jumps 8 percent The results came out after the close on Wednesday so could not stop the major U.S. […]

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Apple, Google to offer exclusive game apps soon: reports

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Mumbai, April 22, Reuters: ‘Apple Inc and Google Inc are wooing game developers to ensure that top game titles arrive first on devices powered by their respective operating system,’ reported the Wall Street Journal. Apple, Google to offer exclusive game apps soon: reports Both the companies are trying to lure game developers by offering premium […]

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