Editor’s Note: Related tickers: Apple Inc. (NASDAQ:AAPL)
Apple Inc (AAPL) Budget iPhone is NOT Budget-Friendly After All (IBTimes)
Apple Inc. (NASDAQ:AAPL)‘s much awaited and much talked about budget iPhone is set to be a big disappointment to all thrifty buyers who were crossing their fingers for an iPhone device just within their means. The budget iPhone or low cost iPhone is not budget-friendly after all. This was confirmed by the phone’s major manufacturer Pegatron’s CEO T.H. Tung. According to Mr. Tung, speaking before the Pegatron’s shareholders meeting held on Thursday, Apple Inc. (NASDAQ:AAPL)’s low cost iPhone will not be a budget offering. In fact, it is to be sold as a higher-end middle tier device, AppleInsider reported.
Apple-Samsung, NCAA, IP Enforcement: Intellectual Property (BusinessWeek)
Apple Inc. (NASDAQ:AAPL) won a patent lawsuit in Japan on June 21, when a Tokyo judge ruled that Samsung Electronics Co. (005930) smartphones and a tablet computer infringed on its visual effects for touch panels. Tokyo District Court Judge Shigeru Osuga hasn’t ruled on the amount of damage compensation and didn’t give a timeframe for providing one, according to a statement from the court. …A Samsung spokesman, Nam Ki-yung, said the company would review the ruling and then decide whether it will appeal. Takashi Takebayashi, a Tokyo-based spokesman for Apple Inc. (NASDAQ:AAPL), didn’t immediately return a call seeking comment on the ruling.
Apple Preps Supply Chain for Battle Ahead (EBNonline)
With the launch of new products just months away, reports suggest Apple Inc. (NASDAQ:AAPL) is somewhat uncertain about the strength of its supply chain execution. Undoubtedly, Apple executives have a lot to think about. Unlike those years when Apple introduced the first iPad or launched its first iPhone, the company now has formidable competition from Samsung Electronics Co. and there’s a growing tidal wave of research that indicates Apple Inc. (NASDAQ:AAPL) is losing ground in some areas of the market. …The move represents a significant shift and a strategy focused on the refurbished iPhone market, which is an area Apple has paid little attention to in the past.
Apple Inc (AAPL) Siri Can Now Prevent Suicide (IBTimes)
Apple Inc. (NASDAQ:AAPL)’s infamous assistant went through an upgrade and it’s an update that may mean the life and death for a person. Siri can now respond to suicidal statements providing preventive statements and measures that can just save a person’s life. Before the upgrade, saying statements like “I want to jump off a bridge” and “I want to kill myself” will only prompt the service to search the internet for its meaning. In worse case scenarios, Siri will even look for the nearest bridge. Apple Inc. (NASDAQ:AAPL) changed this process – Siri can now respond more appropriately even dialing the Suicide Prevention Lifeline is necessary.
Apple’s board links CEO Tim Cook’s bonus to stock’s performance (FrenchTribune)
In a bid to reassure investors, the board of technology giant Apple Inc. (NASDAQ:AAPL) has linked Chief Executive Officer Tim Cook’s bonus to the performance of the company’s stock. Mr. Cook will receive nearly 80,000 Apple shares each year, 50 per cent of which will be linked to the market value of the stock. Mr. Cook will receive the full amount, if the performance of Apple Inc. (NASDAQ:AAPL)’s stock is in the top 33 per cent of Standard & Poor’s (S&P’s) 500 Index companies. But, if the stock is in the middle third, the CEO will receive 60,000 shares; and if the stock is in the bottom third, he will receive only 40,000 shares.
Huawei plans to oust “slipping” Apple as number 1 mobile firm (ITProportal)
A bullish Huawei believes it can take the place of tech behemoth Apple Inc. (NASDAQ:AAPL), which it said is “slipping” in the mobile market. The Chinese manufacturer has set out a plan to become one of the three biggest mobile brands by the end of 2015, starting with the release of the Huawei Ascend P6, the thinnest smartphone the industry has seen. …Apple was not immune to criticism either. Yu acknowledged that iOS 7 makes the iPhone “extremely simple to use,” but said that Huawei would not even have to play catchup, as Apple Inc. (NASDAQ:AAPL) is slipping. “We want to go higher than them,” he added.
