updated: 07/03, 2:05pm, EDT
Headlines
Investor Headlines
- Palm FY09 shipments down 25%, $753m net loss
- Sharp TVs banned from US import following...
- iFinance 3 includes Budget feature, 3D...
- Ex-Apple exec to serve as Palm CEO and...
- EchoStar patent suit damages rise to $190M
- Analyst: iPhone sales could double on...
- Color Kindle remains 'multiple' years away
- HP desktop revenue slides 24%, notebooks...
- Apple execs detail plans to expand iPhone...
- Toshiba sues Imation over DVD patents
- Piqqem sentiment shows positive Apple trend
- Sony hit with first annual loss in 14 years
- Microsoft to sell bonds for the first time
- Palm forced to cut Pre launch numbers?
- Nokia given Moody downgrade following Q1...
- Samsung net income down 72%, cellphone...
- E*Trade planning iPhone app for May?
- Sony denies rumors of a PS3 price drop
- iPod ponzi scheme lands 17-year prison...
- Analyst: New Shuffle could be a "surprise...
- Analyst: Feb. Mac sales could be down 12%
Highlights
Apple's retail plans for 2009 also include the remodeling of dozens of stores, a company executive says. "We know that a lot ... full story
Following reports that Steve Jobs received a liver transplant in Tennessee, a number of Memphis residents believe the executive ... full story
Steve Jobs reportedly was present at Apple's campus on Monday, according to several witness accounts. An unnamed Reuters reporter ... full story
Latest Stories
June 25 - 05:50pm EDT
Palm on Thursday disclosed its fourth-quarter and fiscal-year 2009 results, indicating a $753 million net loss for the year. Smartphone sales continued to slide, with shipments down 62-percent for the quarter and 25-percent for the year. The Palm Pre was not included in the numbers, as the launch will instead serve as a starting point for the company's first quarter of FY10. [full story]
June 24 - 05:45pm EDT
A number of Sharp LCD TVs have been banned from unlicensed import to the US, as part of a ruling resulting from a patent dispute with Samsung, according to Bloomberg. The two electronics manufacturers have been battling over technology used in the displays, specifically "apertures formed in the conductive layer comprising the electrode." The technology is utilized in LCD panels with wide viewing angles. [full story]
June 22 - 03:55pm EDT
Synium has released a new version of its flagship application, iFinance 3. The software manages stocks, monitors the performance of a portfolio and generates information regarding profits and losses. Version 3 displays data using new 3D charts, or one of a variety of existing views. It also incorporates a new budgeting feature, used to track cash and plan for future costs. [full story]
June 10 - 06:10pm EDT
Palm on Wednesday appointed former Apple executive Jon Rubinstein to serve as CEO and chairman, according to the Associated Press. The decision comes just days after the company launched its Pre smartphone, a device that it expects to help remedy a number of financial troubles. Rubinstein will replace Ed Colligan, who was with the company for 16 years but has decided to move on and work with Elevation Partners after taking time off. [full story]
June 03 - 12:35am EDT
A federal judge in Texas has awarded TiVo approximately $190 million in damages in the continuing legal battle with DISH Network and EchoStar, according to Reuters. The conflict involves infringement of patents for technology used in the company's DVR set-top boxes. The judge previously ordered an injunction to prevent the accused companies from using the patented technology in their devices, although TiVo claims the products continue to replicate its Time Warp features. [full story]
June 01 - 07:00pm EDT
Although Apple's exclusive deal with AT&T is expected to last at least through 2010, Bernstein Research analysts Craig Moffett and Toni Sacconaghi claim iPhone sales could double if the device was also distributed by Verizon. The catch, however, would be a drop in subsidies attached to each phone. While AT&T has been estimated to pay a $450 subsidy per device, a non-exclusive deal would likely bring the value down to around $250 to $350. [full story]
May 28 - 06:30pm EDT
Amazon CEO Jeff Bezos, responding to a question presented at a shareholders meeting, has claimed that his company is unlikely to ever publicly reveal sales numbers for the Kindle, and according to Physorg. The executive also suggests a device utilizing a color display is still in the early stages of development. [full story]
May 19 - 06:00pm EDT
Amid ongoing economic troubles, HP's fiscal Q209 financial disclosures indicate the company has not yet recovered from continuing revenue declines. Despite maintaining a flat number of computer shipments, desktop revenue fell by 24 percent and notebook revenue slid by 13 percent. The software, imaging, printing and enterprise divisions also showed lackluster performance, contributing to net earnings 17-percent below last year's quarter. [full story]
May 15 - 05:55pm EDT
Apple executives have disclosed several strategies aimed at expanding the company's market share with the iPhone and Mac products. In comments made to Oppenheimer analysts, company officials noted the potential for significant growth of the Mac brand in international markets, which have shown a five-percent revenue growth in Europe while domestic shipments slid by eight percent. [full story]
May 15 - 12:45pm EDT
Toshiba has announced that it has filed suit against several companies, including Imation, over DVD patents. The accusations surround DVD format specifications and standards accepted by the DVD Forum. Toshiba claims the companies infringed on patents by manufacturing or distributing recordable media without first establishing licensing agreements. [full story]









