Although users of Apple’s Mac computers can easily check the health of their batteries, Apple had banned battery-health apps from its App Store citing security reasons and had to issue a software update once the issue hit the headlines of… Read More ›
Apple Inc
Qualcomm staring at a potential multi-million euro fine in anti-trust case
The imposition of a fine by anti-trust regulators in the EU could potentially provide an opportunity for a hostile takeover of Qualcomm. As per a source familiar with the matter at hand, EU’s anti-trust regulators are set to impose a… Read More ›
A brief outlook on the impact of the U.S. tax code on Apple Inc
Analysts opine, the revised repatriation rules are likely to be the pivot in Apple’s cash strategy. With the U.S. Congress passing the Republican-led tax overhaul bill, one of Apple’s long standing goal of repatriating $252.3 billion in foreign cash without… Read More ›
Xiaomi preparing for an IPO in early 2018
Sources familiar with the company’s plans say, Xiaomi’s likely valuation is expected to be $100 billion, if not more. Sources familiar with the matter have stated, Xiaomi Inc has asked banks to pitch next Friday for an initial public offering… Read More ›
Qualcomm Inc files 3 new patent infringement cases against Apple
Ramping up its charges against Apple, Qualcomm has filed a civil lawsuit and two civil patent infringement lawsuits against Apple. Escalating its complaint against Apple, Qualcomm Inc has filed three three new patent infringement complaints against Apple Inc saying 16… Read More ›
Wisconsin’s Governor Scott Walker to incentive package for Foxconn’s LCD plant in the state on Friday
Despite drawing flak for Foxconn’s LCD plant in the state, the Governor of the state of Wisconsin has given the green signal for the project which would initially provide direct employ to 3,000 people and ultimately to 13,000 people at… Read More ›
Apple could make history as the first listed company to hit the $1 trillion market cap milestone
If you are wondering why Apple’s share has been the darling of investors, including Warren Buffet, this is an eye opener and makes a fascinating read. On the day Apple launched its newest flagship, the value of its stock price… Read More ›