At Apple’s WWDC on Monday, Apple revealed its map service for iOS6 and some features like 3D view.
Tags: Apple
Danoff's Fidelity Contrafund Cuts Apple Shareholdings
Fidelity Contrafund is slowly selling off its Apple shareholdings due to price decline. Fidelity Contrafund, the US$92 billion fund built by portfolio manager Will Danoff, has undertaken a process of cutting the fund's shareholdings in Apple.
Apple Acquires WiFiSlam
Technology giant Apple has recently purchased WiFiSlam for its mapping purposes. Apple is seeking to improve its mapping applications for its smart phones by purchasing Silicon Valley start up WiFiSlam.
Einhorn Drops Apple Lawsuit
Greenlight ends legal battle with Apple over shareholder vote. In a surprising move, Greenlight Capital has withdrawn its suit against Apple Inc. Greenlight's maverick head David Einhorn sought court intervention to stop the most valuable company in the world's shareholders from voting on a management proposal to prevent the company's ability to issue preferred shares at its discretion.
Apple CEO Cook Shares Investor Pain
Apple CEO Tim Cook addressed investor issues for the long term. Last Wednesday, the much awaited shareholder meeting of Apple Inc was held and CEO Tim Cook took center stage.
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Apple has heated up its patent war with Samsung, which could possibly delay the shipping of Samsung Galaxy S3 in U.S.
Quixey, a search engine for apps, said it had raised $20 million in Series B funding to fund expansion in technological capabilities.
The price-to-earnings ratio is around 100 but Facebook even doesn’t have a clear long-term prospects.
But with Apple gaining the ownership of domain iPhone5.com, it may implicate the brand new iPhone is on the way.
China's rigid capital rules ban its citizens from investing directly in Apple Inc but that's not keeping them from seeking a piece of the iPhone maker's success by buying shares in its suppliers - and even companies rumored to be suppliers.
