Apple

Omega sells Facebook, Gold Trust shares, buys Apple

Omega Advisors Inc sold its shares in Facebook and precious metals' companies and bought Apple shares after Apple's decline.

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Foxconn's second quarter earnings boost by 40.8% due to strong iPhone sales

Foxconn Technology Group's second quarter earnings report showed a boost of 40.8% due to strong iPhone sales and reduced costs by building factories in China.

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DoCoMo to select Fujitsu, Sharp, Sony smartphones for winter lineup - sources

Sources said DoCoMo would select from the smartphone models of Fujitsu, Sharp and Sony for the company's major winter product lineup.

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Icahn's tweet on buy back drew Apple share price up

Billionaire Carl Icahn's tweet influenced Apple share prices, making the leading tech company's stock valuation rise by as much as USD17 billion.

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Billionaire Carl Icahn believes Apple shares must trade at USD700 each

Hedge fund billionaire Carl Icahn told Reuters he thinks Apple must trade at USD700 per share since the current price at USD489.57 each is too cheap for the company.

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Samsung exec says Apple-mocking ads has worked wonders

Arno Lenior, Samsung Australia's chief marketing officer, said Apple-mocking ad campaigns has worked wonders for Samsung.

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Samsung's odds to gain Obama's veto is slim - lawyers, analysts

According to lawyers and analysts, Samsung could not make the arguments on public policy grounds that Apple used to sway the Obama administration.

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Tablet market to reach 900 million user base by 2017

Forrester Research predicted that the tablets' worldwide installed base would reach more than 900 million by 2017, up from 2010's 15 million users.

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ITC favors Apple, Samsung faces sales, import ban in the US

Apple Inc won an order versus Samsung that would prohibit the South Korean company from importing, selling and distributing its devices in the US.

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Obama, tech officials met to deliberate about surveillance

According to the White House, US President Barack Obama met with tech executives along with transparency advocates to deliberate on the government's surveillance programs.

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Market share of Apple's iPhone drops to 5%

Canalys told Bloomberg that Apple's market share in China plunged to just 5% during the second quarter, down from last year's 9%.

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Appeals court questions Samsung over post-verdict smartphone sales

The US Court of Appeals grilled Samsung over a patent case ruling that favored the South Korean company.

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Apple gets upper hand if favored in upcoming patent ruling

Apple would be given the upper hand if the International Trade Commission decided to favor the US tech titan.

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Apple's iPhones generates 29% of T-Mobiles' total sales

T-Mobile disclosed that the iPhones from Apple generated 29% of the carrier's total sales during the second quarter.

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Apple earns US$4 billion from iTunes software and services

Apple generated US$4 billion from iTunes software and services during the second quarter.

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