VENTURE CAPITAL POST

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.

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

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

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.

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

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

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

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

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.

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

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

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

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

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

According to Consumer Intelligence Research Partners, first time smartphone buyers would prefer Android units while repeat buyers would choose Apple products.