Apple Reports Third Quarter Results
Board Declares Quarterly Dividend of $2.65 per Common ShareCUPERTINO, California—July 24, 2012—Apple® today announced financial results for its fiscal 2012 third quarter ended June 30, 2012. The Company posted quarterly revenue of $35.0 billion and quarterly net profit of $8.8 billion, or $9.32 per diluted share. These results compare to revenue of $28.6 billion and net profit of $7.3 billion, or $7.79 per diluted share, in the...
ASUS Transformer Pad Infinity TF700KL coming to Germany, that’s L for LTE
By James Trew posted Aug 25th 2012 7:41AM If you’ve ever had the pleasure of cruising on Germany’s Autobahns, you’ll know the locals like to go fast. This hold true for technology too, it seems. A recent press release from Vodafone has revealed that the LTE variant of the TF700 Transformer Pad will be joining its equally 4G-enabled sibling in the land of beer and wurst. No word on whether it’ll be showing up on...
The Evernote Smart Notebook by Moleskine: paper sketchbooks and journals get connected
By Billy Steele posted Aug 25th 2012 9:30AM Evernote has trotted out an update to its iOS app and accompanied the software release with an announcement of a collaboration with Moleskine. Yes, you read that correctly. The digital note-taking application has teamed up with the analog sktechbook maker to produce the Evernote Smart Notebook. Designed specifically for the refreshed iPhone and iPad software, the notebooks allow users to...
Jury decides in Apple’s favor, Samsung hit with $1B damages
Samsung must pay Apple US$1.05 billion for infringing several of its patents in Samsung smartphones and tablets, a California District Court jury decided on Friday. The verdict ending a landmark trial between the two companies is a complex one, involving numerous products and company subsidiaries. But in most instances the jury found products of the Korean company and two of its U.S. subsidiaries infringed Apple’s patents. The...
Breaking down Apple’s $1 billion courtroom victory over Samsung
By Michael Gorman posted Aug 25th 2012 10:45AM With a 20-page verdict form and 100 pages of instructions to explain it, many figured it would take longer for the jury to render a decision. But, the tech trial of the century has concluded, with Apple scoring a not-quite-flawless victory over its rival Samsung. While the company didn’t win on every count, its cadre of lawyers did convince the nine jurors to award Apple over $1...
