Apple announced in October 25, 2016 its profit over the past quarter fell 19 percent to $9 billion, pulled down by a drop in iPhone sales. The world’s biggest company by market value said revenue in the fiscal fourth quarter fell to $46.9 billion from $51.5 billion a year earlier. The results were largely in… Continue reading [BRAND] #WARS: APPLE SALES DIP ON iPHONE 7 AS XIAOMI MIX ANNOUNCES DEBUT IN CHINA MARKETS. READ:
Observers are watching court desicions closely on the progressive Apple vs Samsung Legal feud on patent infringement to see how the court — which has not taken up a design patent case in more than a century — rules the judgement between technological innovation and protecting intellectual property. The epic legal battle pitting Apple against… Continue reading [BRAND WARS] #MOBILE: APPLE VS SAMSUNG SHOWDOWN; SUPREME COURT CAUGHT IN DILEMMA OF PATENT-INFRINGEMENT RULING.
It’s the end of an era. BlackBerry, a name once synonymous with high-end smartphones, will no longer make mobile devices. Along with a dismal financial report, the company announced today Wednesday. It plans to end all internal hardware development and will outsource that function to partners. BlackBerry’s journey to this point has been long and… Continue reading [MOBILE PHONES] #RIP: IT’S OFFICIAL, BLACKBERRY HAS ANNOUNCED IT WILL NO LONGER PRODUCE PHONES.
Barely 24hours after Local authorities in Japan ordered Apple to pay 12 billion yen ($118m) in taxes for allegedly underreporting earnings that were sent to a business unit in Ireland, an Apple business unit has since paid the amount, according to local broadcaster NHK . It is understood that the Tokyo Regional Taxation Bureau determined… Continue reading [LEVELS] #FINE: APPLE JUST PAID $118MILLION TAX EVASION FINE TO JAPANESE GOVERNMENT.
Still basking in the success of its sold out pre-order sales of its flagship iphone 7, reports have confirmed that Tokyo authorities just imposed a back tax of $118 million on an Apple subsidiary over money transfers to Ireland, reports said Friday, as the IT giant’s tax payments come under global scrutiny. The Tokyo Regional… Continue reading [BRANDS] #FINE: APPLE JUST GOT SLAMMED $118MILLION FOR TAX EVASION IN JAPAN.
Earlier this year apple had into its cuffers Gliimpse-a healthcare startup (founded by Anil Sethi and Karthik Hariharan in 2003 who said his sister’s battle with cancer coupled with unavailability of concise online health records data. The startup curates people’s health data from labs, health centers and pharmacies-with user’s permission and later converts these informations into… Continue reading [BRANDS] #BREAKING: APPLE IPHONE 7 IS COMING.