Apple News


Apple paid up to $6 billion to settle with Qualcomm, UBS estimates

Apple paid up to $6 billion to settle with Qualcomm, UBS estimates

Apple probably paid Qualcomm between $5 billion and $6 billion to settle the litigation between the two companies, UBS analyst Timothy Arcuri estimated in a note distributed on Thursday. Apple probably also agreed to pay between $8 and $9 in patent royalties per iPhone, estimated UBS, based on Qualcomm’s guidance that it expects earnings per share to increase by $2 as a result of the settlement. The UBS estimate suggests that Apple paid a high price to end a bitter legal battle that spanned multiple continents and threatened Apple’s ability to release a 5G iPhone and put pressure on Qualcomm’s licensing business modelthat contributes over half of the company’s profit.
Apple, allies seek billions in U.S. trial testing Qualcomm's business model

Apple, allies seek billions in U.S. trial testing Qualcomm's business model

(Reuters) - Apple Inc and its allies on Monday will kick off a jury trial against chip supplier Qualcomm Inc in San Diego, alleging that Qualcomm engaged in illegal patent licensing practices and seeking up to $27 billion in damages. Qualcomm, for its part, alleges that Apple forced its longtime business partners to quit paying some royalties and is seeking up to $15 billion. Filed by Apple in early 2017, the lawsuit in federal court revolves around the modem chips that connect devices like the iPhone or Apple Watch to wireless data networks. Qualcomm has spent the past two years mounting a pressure campaign of smaller legal skirmishes against Apple, seeking - and in some cases obtaining - iPhone sales bans for violating its patents.
Apple adds Foxconn, chip suppliers to clean energy program

Apple adds Foxconn, chip suppliers to clean energy program

Apple Inc said on Thursday it has nearly doubled the number of suppliers using only clean energy for production work, including two that assemble and make the processor chips for the iPhone. Apple last year said it meets all of its needs with renewable energy such as solar farms that power data centers. But a large part of its carbon footprint comes from its supply chain, and since 2015 Apple has worked directly with those companies to use clean energy for Apple production. Forty-four companies are now in the program, Apple said on Thursday, including Hon Hai Precision Industry Co Ltd, whose Foxconn unit makes iPhones, and Taiwan Semiconductor Manufacturing Co Ltd, which supplies the A-series chips that power all of Apple’s mobile devices. Apple had previously disclosed 23 suppliers in the program.
Apple's TV Box Will Probably Get Disney+, Despite Rival Platform

Apple's TV Box Will Probably Get Disney+, Despite Rival Platform

Walt Disney Co.’s new streaming service will come to Apple Inc.’s TV box, even as the iPhone maker plans to start a rival offering later this year. The new Disney+ app will “in all likelihood be available through traditional app distributors, Apple being one of them,” Disney chief Bob Iger said in an interview with Bloomberg Television’s Emily Chang. While the studio behind “Star Wars” and Marvel movies said during an earlier presentation that consumers will be able to subscribe on Roku and PlayStation, it held back from naming others.Disney didn’t make announcements about other platforms because they “haven’t made deals with all of them yet,” Iger said. He also suggested that he isn’t planning to step down from the Apple board despite the companies going head-to-head in streaming.
Apple’s $200 Billion Comeback: Services, Tariff Hope and Value

Apple’s $200 Billion Comeback: Services, Tariff Hope and Value

After an ugly 2018, Apple Inc. is back in vogue with investors who are looking past underwhelming iPhone sales and embracing the company’s vision of a digital services future. Apple’s 26 percent rally this year leads all but Facebook Inc. among the largest U.S. technology companies. The gains added more than $200 billion to the market value of the Cupertino, California-based company. The rebound will be put to the test when Apple reports fiscal second-quarter results on April 30. Analysts expect revenue to fall 6 percent, the worst year-over-year decline since 2016, according to the average estimate compiled by Bloomberg. Earnings per share is forecast to drop 13 percent.
Apple’s Rivals See 5G as ‘Golden Opportunity’ to Beat iPhone

Apple’s Rivals See 5G as ‘Golden Opportunity’ to Beat iPhone

Now that the first 5G devices are hitting the U.S. market, Apple Inc. is under more pressure to start readying a comparable iPhone — or watch its dominance come under attack. Already, Motorola Mobility Holdings has a quasi-5G phone out — it requires a snap-on module — and Samsung Electronics Co. will start selling its own version through Verizon Communications Inc. on April 18. LG Electronics Inc. is planning to launch one at Sprint Corp. “very soon” and is trying to accelerate the rollout of a model for Verizon, aiming to capitalize on the frenzy surrounding the ultrafast network technology.
More people pay for Apple Music than Spotify in the US now

More people pay for Apple Music than Spotify in the US now

According to a report in The Wall Street Journal, the battle between Apple and Spotify continues to escalate. "People familiar with the matter" revealed that Apple Music now has more paid US subscribers than Spotify—specifically, more than 28 million versus Spotify's 26 million as of February 2019. Those sources also claim that Apple Music is expanding more rapidly in the US, at a rate of about 2.6 to 3 percent. Spotify's growth rate is reportedly 1.5 to 2 percent. It's unlikely that Apple will claim this as a victory, because it, like Spotify, doesn't publicly break out regional subscriber counts. However, if the estimates are accurate, they show that US customers are embracing Apple Music as much as (and possibly more than) its Swedish competitor.
Beats’ new Powerbeats Pro are AirPods with a longer battery life and better fit

Beats’ new Powerbeats Pro are AirPods with a longer battery life and better fit

A couple of weeks after Apple shipped its second-generation AirPods, the company’s Beats division is finally making its own entrance into the true wireless earbuds market. The new $249.95 Powerbeats Pro ship in May and are Beats’ most significant product in years. I get the feeling that, for many people, these are going to prove even more compelling than AirPods. They offer longer battery life, they seal fully in your ears without letting in outside noise, they include the same Apple H1 chip as the latest AirPods for hands-free “Hey Siri” voice commands, and yes, to my ears, the Powerbeats Pro sounded better during my brief introduction to them.
One of Google's top A.I. people has joined Apple

One of Google's top A.I. people has joined Apple

Ian Goodfellow, one of the top minds in artificial intelligence at Google, has joined Apple in a director role.The hire comes as Apple increasingly strives to tap AI to boost its software and hardware. Last year Apple hired John Giannandrea, head of AI and search at Google, to supervise AI strategy.Goodfellow updated his LinkedIn profile on Thursday to acknowledge that he moved from Google to Apple in March. He said he's a director of machine learning in the Special Projects Group. In addition to developing AI for features like FaceID and Siri, Apple also has been working on autonomous driving technology. Recently the autonomous group had a round of layoffs.
Media Companies Take a Big Gamble on Apple

Media Companies Take a Big Gamble on Apple

Like many other media executives, Pamela Wasserstein was wary of tech giants and their attempts to go into business with content creators.“There was great optimism around partnerships, and I think that optimism has largely cooled, and people are now more cautious,” said Ms. Wasserstein, the chief executive of New York Media, the publisher of New York magazine and web titles like The Cut and Vulture.But like others in her position at publishers like Condé Nast, Dow Jones and Meredith, she put caution aside and joined Apple’s media initiative, the recently unveiled Apple News Plus app, which promises to blast out content across more than a billion devices worldwide.


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