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Apple, U.S. clash in court over e-books antitrust monitor

By Joseph Ax NEW YORK (Reuters) - Apple Inc urged a federal appeals court on Tuesday to put a court-appointed antitrust monitor on hold, arguing that his efforts were harming the company's business. The iPhone maker asked the 2nd U.S. Circuit Court of Appeals in New York to halt monitor Michael Bromwich's work while the court considers Apple's bid to remove him altogether, a process that could last several months.

Apple, Samsung spar over potential U.S. ban on smartphone sales

By Dan Levine SAN JOSE, California (Reuters) - Samsung sought to defeat Apple's bid for a permanent sales ban against some Samsung smartphones, arguing in court on Thursday that Apple's request was an attempt to instill fear among telecom carriers and retailers that carry Samsung's products.

As Apple shares fall, Icahn buys another $500 million

By Jennifer Ablan (Reuters) - Hedge fund billionaire Carl Icahn said he bought another half a billion dollars' worth of Apple Inc stock on Tuesday, signaling confidence in the iPhone maker even after it gave a disappointing revenue forecast for the current quarter.

Apple shares tumble despite new revenue high

Record iPhone and iPad sales pushed Apple revenue to a new high in the closing quarter of last year but shares tumbled on Monday over concerns on weaker profits ahead. The California-based tech giant reported net income of $13.1 billion on revenue of $57.6 billion in the quarter that ended December 28, helped by selling 51 million iPhones. The profit was the same as Apple reported in the same quarter a year earlier when its revenue was $54.5 billion.

Apple reports $13.1 bn profit, sells 51 mn iPhones

Apple said Monday record sales of iPhones drove revenues to new heights in the past quarter, resulting in a profit of $13.1 billion. The California tech giant said it had record quarterly revenues of $57.6 billion, helped by selling 51 million iPhones. But Apple shares fell 5.7 percent at $519.15 in after-hours trade on a weaker-than-expected outlook ahead. The company said it sold 26 million iPads during the quarter to December 28, also an all-time quarterly record, as well as 4.8 million Macs.

U.S. urges court to let Apple antitrust monitor get back to work

By Jonathan Stempel NEW YORK (Reuters) - The U.S. government on Friday urged a federal appeals court to reject Apple Inc's effort to oust a court-appointed monitor for its antitrust compliance, saying the company "cannot be trusted" to do the job on its own. Apple has been seeking the removal of Michael Bromwich, who was appointed in October by U.S. District Judge Denise Cote in Manhattan, three months after she found Apple liable for conspiring with five publishers to raise e-book prices.

Billionaire Icahn invests another $500 million in Apple, arguing the stock remains a bargain

SAN FRANCISCO - Outspoken billionaire Carl Icahn has tossed another bushel of Apple stock into his investment portfolio and suggested some new products as he tries to persuade the iPhone maker to do more to lift its market value. In an attempt to give his arguments more credence, Icahn disclosed that he invested another $500 million in Apple Inc. in a series of purchases made Thursday.

A look at notable Macs, from the original 1984 model to the new cylinder Mac Pro

NEW YORK, N.Y. - From the start, Apple's Macintosh shattered conventional notions of what a computer should be. In a 1984 Super Bowl commercial that is still considered one of the best ads ever, an athlete tries to save humanity from conformity. The 60-second ad, which aired 30 years ago this week, alluded to Big Brother from George Orwell's "1984" and was seen as a dig at Apple's leading rival at the time, IBM Corp. The Mac, the ad implied, would save people from a computing future dominated by IBM.

Icahn takes another $500 million bite out of Apple

By Edwin Chan SAN FRANCISCO (Reuters) - Activist investor Carl Icahn picked up another $500 million of Apple Inc shares on Thursday to take his investment in the iPhone maker to $3.6 billion, while ratcheting up his months-long campaign to pry open the company's cash hoard. Icahn, who repeatedly has called Apple a "no brainer" even as he wages a campaign to get it to return more cash to shareholders, tweeted his latest move just a day after revealing a position of over $3 billion in the company.

Carl Icahn invests another $500 million in Apple with vote on stock-buyback proposal looming

SAN FRANCISCO - Activist investor Carl Icahn has raised his stake in Apple as he escalates his campaign to pressure the company into buying back more of its stock while the shares remain stuck far below their peak price. In a Wednesday post on his Twitter account, Icahn revealed that he has poured another $500 million into Apple stock during the past two weeks. He already owned about 4.7 million Apple Inc. shares worth more than $2.5 billion.
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