If someone asked you which Apple Store in the United States sold the most iPhones, you'd probably name off some of the flagship locations like the one in San Francisco on One Stockton Street, or the Fifth Avenue Store in New York.
But you'd be wrong. According to a new report from ABC News, an Apple Store located within the Christiana Mall shopping center in Delaware, sells more iPhones than any other in the US. How? Delaware doesn't charge state sales tax...
It was the summer of 2006. Facebook was just two years old, and strictly a college site, with some 8 or 9 million users. And the company's founder, Mark Zuckerberg, met with board members Jim Breyer and Peter Thiel to discuss Yahoo's $1 billion buyout offer.
As we all know, Zuckerberg ended up turning down the money, in what has become one of the most infamous moves in the last 10 years of tech. But the wunderkind recently found himself on the other side of the negotiating table, with even more money at stake...
Apple is in hot water over international taxes again, this time it's in Italy. According to Reuters, the Cupertino company is currently under investigation by Italian authorities for alleged tax fraud.
The Italian government believes Apple may have hidden more than 1 billion euros (or $1.3 billion US) from the country's tax authority during 2010 and 2011, and Milan prosecutors want answers...
As a long-time competitor of, and what many believe to be a casualty of, the iPhone, we've been keeping a close eye on BlackBerry's situation over the past several months. The last we heard, the company had agreed to sell itself to Fairfax Financial Holdings for $4.7 billion.
But apparently that's no longer the plan. In a bit of a surprise move, BlackBerry announced this morning that it has given up on its effort to sell itself to a large investor, and that it will be replacing Thorsten Heins with former Sybase chief John Chen as interim CEO...
Last month, US District Judge Ronald White green-lighted a plan for Apple to pay $40 to everyone in the US who purchased an iPad 3G before June 2010 as part of a settlement for a series of class action lawsuits against it and AT&T.
The two companies were accused of pulling a bait-and-switch with the tablet, as Apple initially advertised it with AT&T's $30/month unlimited data plan, which the carrier ended up pulling a few months later in favor of share plans.
And class members have begun receiving their claim forms this week...
In what turned out to be a rather interesting earnings call earlier today, Tim Cook talked about a wide range of topics including 'new product categories' and Apple's thinking behind the iPhone 5c. And he also touched on acquisitions.
In what seemed like a passing comment, Cook noted on today's call that Apple has completed a total of 15 strategic acquisitions during the course of fiscal 2013. That equates to roughly one every 3-4 weeks, a new high for the company...
Square opened up its Square Cash service to the public today, after spending several months in beta. The service allows users in the United States to send money to one another using nothing but an email address and a debit card.
The service is easy to use. Transactions are free, and there's no need to setup an account to process them. Money can be exchanged by sending an email with a dollar amount in the subject line and cash@square.com in the CC field...
Apple has raised more than $65 million for the (Product) RED organization—a charity spearheaded by U2 frontman Bono that aims to fight preventable and treatable diseases like AIDS, Tuberculosis, and Malaria.
(Product) RED is unique, in that it raises money by licensing out its brand to partners like Nike and Starbucks, in return for a percentage of their sales. Apple, for its part, has been selling RED products since 2006...
We already knew the iPhone is Apple's number one revenue generator, but it doesn't help us visualize how big it really is until you compare it to something else. As a matter of fact, it is so big that comparing iPhone revenue to other companies' business units wouldn't paint a good picture. In order to really see how big of a business the iPhone is, you have to compare it to full size companies.
That's what the folks at Business Week did. So how big is iPhone compared to Microsoft, Nike or Coca Cola?
When Facebook first announced that it was purchasing Instagram last year, a lot of folks were afraid it would ruin the popular photo-sharing network. They feared Zuckerberg's group would come in, add a bunch of ads, and mess up the whole experience.
But here we are, nearly 18 months later, and nothing of the sort has happened yet. Instagram is thriving—in fact, it just announced that it has surpassed 150 million users—and there's not a single ad in sight. But that doesn't mean that they aren't coming...
Like a prisoner on Death Row, Apple has delayed its penalty for weeks, offering up objection after objection to a proposed Department of Justice ebook antitrust settlement. Friday, federal judge Denise Cote issued an injunction, giving federal lawyers much of what they wanted.
Among the prohibitions against Apple: a five-year ban on so-called 'most-favored-nation' clauses in publisher contracts that would prevent ebook sellers from using rival services, such as Amazon. Also part of the penalty package was a requirement that Apple stagger contract negotiations with the five publishers that had already settled...
It's official, Verizon has reached an agreement with Vodafone to buyout its 45% stake in Verizon Wireless for $130 billion. The news comes after several months of rumors and speculation, and a report from The Wall Street Journal this weekend.
The deal, which is expected to close by the beginning of next year, is significant for a few reasons. For one, it will put Verizon in full control of the largest wireless carrier in the US. And two, it will rank as one of the largest acquisitions in history...