Apple Rakes in $11.6 Billion in Second Quarter Net Income

Tech giant Apple reported a net income of $11.6 billion during the second fiscal quarter of 2012, up from $5.9 billion during the same period in 2011. However, international sales represent 64 percent of Apple’s quarterly revenue. Continue reading at 'Folio Magazine'

[ Folio Magazine | 2012-04-26 00:00:00 UTC ]
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First Quarter Results Jump at EDC

Revenue at Educational Development Corp. rose 20%, to $7.2 million, in the first quarter ended May 31, 2014 compared to the first period of fiscal 2014. Earnings in the period jumped to $239,700 from $66,600 in last year's first quarter. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-16 00:00:00 UTC ]
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Apple agrees to pay up to $400 million in ebooks price-fixing case

Apple has reached a settlement in a long-standing case that accused the company of fixing the price on ebooks, with the company paying up to $400 million, depending on the outcome of its appeal in the case, a law firm has announced. Apple would pay the $400 million in the class-action lawsuit if... Continue reading at PC World

[ PC World | 2014-07-16 00:00:00 UTC ]
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Apple to pay $400m over ebooks

Apple agrees to pay as much as $400m to settle a lawsuit over accusations it colluded with publishers to fix ebooks prices. Continue reading at BBC World

[ BBC World | 2014-07-16 00:00:00 UTC ]
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Apple agrees to pay $450m settlement in ebook price fixing case

iPad manufacturer to pay damages contingent upon appeals court ruling over whether it conspired with publishers to fix pricesApple has agreed to pay $450m (£262.7m) in the US to settle claims the iPad manufacturer conspired with five major publishers to fix ebook prices.It came ahead of damages... Continue reading at The Guardian

[ The Guardian | 2014-07-16 00:00:00 UTC ]
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Fox tried to buy Time Warner -- and HBO -- for $80 billion

Could Fox News and CNN have the same owner? No, but close. 21 Century Fox has confirmed reports (first published by the New York Times) that it made an $80 billion bid for fellow media conglomerate Time Warner -- and was turned down, for now.... Continue reading at Engadget

[ Engadget | 2014-07-16 00:00:00 UTC ]
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Apple Could Pay Consumers $400 Million—or Nothing

Under a proposed agreement to settle damages in its ebook price-fixing case, Apple would pay consumers $400 million if Judge Denise Cote's 2013 decision is affirmed on appeal. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-16 00:00:00 UTC ]
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Apple Pleads for Price-Fixing Reversal

In its latest filing, Apple called the DoJ’s ebook price-fixing case an “incoherent attack on supposed collusion,” and urged the Second Circuit to reverse. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-14 00:00:00 UTC ]
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Bookselling Roundup for Week Ending July 11, 2014

Today PW introduces a new Friday feature that collects news about bookstores and bookselling from throughout the week. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-11 00:00:00 UTC ]
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Typical author earnings 'dropped to £11,000 in 2013'

The typical income for a professional author in 2013 was just £11,000, more than £5,... Continue reading at The Bookseller

[ The Bookseller | 2014-07-07 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, June 29, 2014

The bestselling iBooks in romance, biography, memoir, children & teens, fiction, and more, for the week of June 29. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-03 00:00:00 UTC ]
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German Writers Rely on Readings, Fellowships for Income

It may surprise many Americans, but German authors are paid to read in bookstores, have access to numerous fellowships and discounted health insurance. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2014-07-02 00:00:00 UTC ]
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Publishers Claim Apple Order Illegally Hobbles Return to Agency Model

In appeal filings last week, lawyers for Simon & Schuster and Macmillan contend that Judge Denise Cote's injunction against Apple has made a timely return to a “no-discount” agency model for ebooks all but impossible. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-07-01 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, June 22, 2014

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, children & teens, and more for the week ended June 22, 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-30 00:00:00 UTC ]
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Apple iBooks Category Bestsellers, June 15, 2014

The bestselling iBooks in mystery, romance, sci-fi, biography, fiction, children & teens, and more for the week ended June 15, 2014. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-21 00:00:00 UTC ]
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Apple settles ebooks price-fixing class action lawsuit

The settlement brings an end to one of the biggest and longest-lasting legal cases of the ebook era. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2014-06-18 00:00:00 UTC ]
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Apple discounts the books Amazon refuses to stock

If you head over to iTunes and look for book pre-orders at $9.99 or less, you may notice something strange: they're all Hachette titles. That's no coincidence -- Amazon is delaying shipment on Hachette books right now, a negotiating tactic it calls... Continue reading at Engadget

[ Engadget | 2014-06-18 00:00:00 UTC ]
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Apple opts for an out of court settlement to avoid $800m eBook fine

Apple has avoided an $800 million bill from a clutch of US states and other complainants by reaching an out of court settlement in a controversial price-fixing case. The settlement, the terms of which are yet to be revealed, still has to be ratified by the court and both sides involved in the... Continue reading at Betanews

[ Betanews | 2014-06-18 00:00:00 UTC ]
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iBooks Bestsellers: 'Hard Choices' Hits #6

Hillary Clinton's "Hard Choices" failed to crack the top five on Apple's iBooks bestseller list for the week ended June 16. Continue reading at Publishers Weekly

[ Publishers Weekly | 2014-06-18 00:00:00 UTC ]
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Apple settles ebook antitrust dispute with U.S. states, consumer group

Apple has reached an out-of-court settlement in the ebooks price-fixing lawsuit with U.S. states and a consumer group ahead of a trial for damages scheduled for July 14, according to records in a New York federal court.The iPhone maker will, however, continue its appeal of a verdict in July last... Continue reading at PC World

[ PC World | 2014-06-17 00:00:00 UTC ]
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Apple settles ebook price-fix case

The tech giant has agreed to settle a US legal action in which it was being sued over conspiring with publishers to fix ebook prices. Continue reading at BBC World

[ BBC World | 2014-06-17 00:00:00 UTC ]
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