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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Hastings Reports $4.1M Second Quarter Loss

Multimedia retailer Hastings Entertainment reported a net loss of approximately $4.1 million for the three month period ending July 31, 2013, an increase over the same period in 2012. Comparable store results for books at Hastings are also down 14.9% from the same period in 2012. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-08-19 00:00:00 UTC ]
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Damages in Apple E-Book Case to Be Decided in May

U.S. District Judge Denise Cote, the jurist who ruled last month that Apple illegally conspired with five major publishers to raise prices of ebooks, has set a date for the trial that will determine the damages Apple owes. In an order issued this week, Cote said that barring some earlier... Continue reading at AllThingsD

[ AllThingsD | 2013-08-16 00:00:00 UTC ]
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Study Finds Craigslist Took $5 Billion From Newspapers

For years, newspaper publishers have been saying Craiglist cut the legs out from under their industry by offering a cheap, easy online alternative to their classified advertising pages. For years, Craigslist’s creator, Craig Newmark, has be ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-08-14 00:00:00 UTC ]
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E-book trial: judge has suggestions for enforcing the guilty verdict against Apple

A DOJ lawyer shot down the objections of publishers over suggested measures for Apple, while the judge involved in the ebook price fixing case offered a modified version of the DOJ proposal. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-08-13 00:00:00 UTC ]
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Judge scolds Apple for lack of remorse in ebook antitrust case

A federal judge took Apple to task on Friday for showing no contrition about potentially defrauding its customers of hundreds of millions of dollars. "None of the publishers nor Apple have expressed any remorse" about colluding to fix electronic book prices in 2010, said District Judge Denise... Continue reading at PC World

[ PC World | 2013-08-10 00:00:00 UTC ]
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Judge denies Apple's request to suspend ebook antitrust ruling

Apple, in its ongoing battle over an ebook price fixing scandal, has been dealt yet another setback. Last month, Judge Denise Cote ruled that Apple had violated antitrust laws in conspiring with publishers to raise ebook prices. Cupertino asked for a temporary suspension of her ruling while it... Continue reading at Engadget

[ Engadget | 2013-08-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #company maintains #justice department #losing battle #agency pricing


DOJ defends Apple ebook price fixing injunction, says publishers had it easy

The US Department of Justice isn't buying publishers' arguments that proposed injunctions against Apple for alleged ebook price fixing are excessive and contradictory. DOJ attorney Lawrence Buterman claims in a response letter that the penalties against Apple are necessarily harsher, since it... Continue reading at Engadget

[ Engadget | 2013-08-10 00:00:00 UTC ]
More news stories like this | News stories tagged with: #agency pricing #giving amazon


Publishers fight Apple ebook ruling

Five major publishers are challenging restrictions imposed on Apple after it was found guilty of ebook price-fixing. Continue reading at BBC World

[ BBC World | 2013-08-09 00:00:00 UTC ]
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Publishers join Apple in objecting to proposed measures by the DOJ

Following the ebook price-fixing trial, the Department of Justice wants to impose measures on Apple, but publishers say they'll be the ones hurt by the rules. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-08-09 00:00:00 UTC ]
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Publishers Object to E-Book Plan for Apple

Five major U.S. publishers objected to the Justice Department's proposal to limit Apple's influence in the electronic books market, saying it would effectively alter their existing settlements with the U.S. government. Continue reading at AllThingsD

[ AllThingsD | 2013-08-08 00:00:00 UTC ]
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Publishers say ebook restrictions would hurt them, not Apple

Five book publishers have objected to restrictions that would be placed on Apple's business after it was found guilty last month of conspiring to fix prices for ebooks.A New York federal judge ruled in July that Apple conspired with the publishers to fix prices for ebooks, snuffing out... Continue reading at PC World

[ PC World | 2013-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishers objected #apple conspired #book publishers #accused publishers #found guilty #fix prices


Publishers object to DoJ Apple ruling

Publishers have united to object to new Department of Justice constraints against Apple,... Continue reading at The Bookseller

[ The Bookseller | 2013-08-08 00:00:00 UTC ]
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Publishers object to U.S. punishment for Apple

Publishers who have settled an electronic book pricing dispute with the federal government say they object to penalties the government wants to impose on Apple Inc.A judge ruled in an antitrust case last month that Cupertino, Calif.-based Apple had joined a conspiracy to drive up the price of... Continue reading at Crains New York

[ Crains New York | 2013-08-08 00:00:00 UTC ]
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Publishers object to proposed Apple ebook remedies

As Apple returns to court on Friday to fight with government lawyers over proposed restrictions on its ebook business, the company is getting a little belated help from its alleged co-conspirators.     Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-08-08 00:00:00 UTC ]
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E-book publishers side with Apple, ask DoJ to scrap new price-fixing rules

Apparently Apple isn't the only company thinking the US Department of Justice's recently imposed remedies against it were "draconian." US publishers HarperCollins, Simon & Schuster, Penguin and others have also ganged up on the DOJ with a legal brief opposing the punitive restrictions. In... Continue reading at Engadget

[ Engadget | 2013-08-08 00:00:00 UTC ]
More news stories like this | News stories tagged with: #simon schuster #publishing industry #amazon link #online stores #potential harm


A win for readers? DOJ's proposed measures for Apple would make price-shopping easier

One part of a proposal to enforce the verdict against Apple for allegedly fixing ebook prices would require Amazon and Barnes & Noble 'buy' buttons in the Apple store, allowing consumers to easily compare ebook costs. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-08-06 00:00:00 UTC ]
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DoJ calls for more penalties for Apple

The US Department of Justice has called for further and extended penalties for Apple in the wake... Continue reading at The Bookseller

[ The Bookseller | 2013-08-05 00:00:00 UTC ]
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Apple fires back, calls DOJ ebook remedies 'draconian and punitive'

In a filing on Friday, Apple Inc. fired back against a series of measures proposed by federal attorneys that would restrict the company's ability to strike electronic-book deals.     Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-08-03 00:00:00 UTC ]
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Apple Slams Feds' Proposed E-Book Remedies as a "Draconian and Punitive Intrusion"

Apple says the DOJ's proposed remedies in its ebook price-fixing case are unwarranted, overreaching and at times unconstitutional. Continue reading at AllThingsD

[ AllThingsD | 2013-08-03 00:00:00 UTC ]
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Feds, states want Apple to revamp ebook practices

The Justice Department and 33 state attorneys general want to force Apple to sign contracts with publishers that don't prevent Apple or other ebook stores from competing on price.     Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-08-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #justice department #sign contracts #ebook stores