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 ]
News tagged with: #net income #fiscal quarter

Other news stories related to: "Apple Rakes in $11.6 Billion in Second Quarter Net Income"


Judge rules Apple did fix ebook prices

A federal judge in America has ruled that Apple conspired to raise the retail prices of ebooks,... Continue reading at The Bookseller

[ The Bookseller | 2013-07-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #retail prices #apple conspired #federal judge


Judge Finds Apple Guilty of E-Book Conspiracy

A federal judge ruled today that Apple Inc. conspired to raise prices on ebooks, ordering a trial to decide what damages that the tech giant should pay.In a 159-page decision, U.S. District Court Judge Denise Cote ruled that Apple conspired with a group of five publishers, starting in 2009, to... Continue reading at ABC News

[ ABC News | 2013-07-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #alleged collusion #tech giant #raise prices #apple conspired


Apple violated antitrust law in ebook pricing

Apple Inc., the world's biggest technology company, violated antitrust law by engaging in a scheme to fix the prices of electronic books, a federal judge ruled in a suit brought by the U.S. government.U.S. District Judge Denise Cote, who tried the case without a jury, ruled against Apple in a... Continue reading at Crains New York

[ Crains New York | 2013-07-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #random house #pearson plc #lagardere sca #simon schuster #cbs corp #potential damages


Apple guilty of ebooks price fixing

Apple conspired with publishers to fix the price of electronic books, a US judge rules, but the company says it will appeal against the decision. Continue reading at BBC World

[ BBC World | 2013-07-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #judge rules #electronic books #apple conspired


Apple Loses E-Book Price Lawsuit, Faces Damages

A judge has just ruled that Apple is guilty of conspiring to raise ebook prices. The federal antitrust suit against Apple over ebook pricing has come to a conclusion: The judge has decided that Apple conspired with five major book publishers to artificially push prices up. Apple denied the... Continue reading at Fast Company

[ Fast Company | 2013-07-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ebook pricing #ebook market #apple denied #apple conspired


Federal Court Finds Apple Guilty of E-Book Price Fixing

A federal judge today ruled that Apple is guilty of violating antitrust law by conspiring with major publishers to raise ebook prices.     Continue reading at Wired

[ Wired | 2013-07-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #major publishers


Apple conspired to set ebook prices, judge finds

A federal judge ruled Wednesday that Apple conspired with publishers to set the prices of ebooks and "played a central role in facilitating and executing that conspiracy."A federal judge ruled Wednesday that Apple conspired with publishers to set the prices of ebooks. Apple, the judge found,... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-07-10 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #pay damages #judge found #central role #apple conspired


Murdoch at 82 Starts Over With $2.6 Billion for Deals

Rupert Murdoch, who began building his media empire 60 years ago, is relishing the chance “to do it all over again” with his newly streamlined publishing company that has $2.6 billion in cash to fuel acquisitions. The new News ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-07-05 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #rupert murdoch


Cengage files for Chapter 11

Cengage Learning has filed for Chapter 11 bankruptcy protection as part of a pre-arranged... Continue reading at The Bookseller

[ The Bookseller | 2013-07-03 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #cengage learning


Why Is Apple Still Wrangling Over E-Books?

A question hangs over Apple Inc.'s ebooks trial: Why is Apple fighting the U.S. Department of Justice when the book publishers the agency also sued chose to settle? Continue reading at AllThingsD

[ AllThingsD | 2013-07-01 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #book publishers #apple fighting


E-book price-fixing trial: Will the judge come down on the side of Apple?

Judge Denise Cote seemed inclined to rule for the Department of Justice at the beginning of the trial, but her remarks as the case closed seemed to indicate a shift towards Apple's side. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-06-26 00:00:00 UTC ]
More news stories like this |


Apple e-mails are at the center of the DOJ ebook price-fixing trial

The Justice Department’s ebook price fixing trial – alleging that Apple conspired to raise ebook prices – is scheduled to end this week. Continue reading at The Christian Science Monitor

[ The Christian Science Monitor | 2013-06-26 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #apple conspired #justice department


Why Apple Loses

During the opening moments of last week’s summations in Apple’s ebook price-fixing trial, Judge Denise Cote interjected with a question for Orin Snyder, Apple’s lead attorney. Continue reading at Publishers Weekly

[ Publishers Weekly | 2013-06-22 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #apple loses


Apple ebook trial concluding

The Apple/ DoJ ebook price fixing trial will enter its final sessions later today (20th June),... Continue reading at The Bookseller

[ The Bookseller | 2013-06-20 00:00:00 UTC ]
More news stories like this |


News Corp. Spinoff Pegs Value of Publishing at $9.1 Billion (2)

News Corp. (NWSA)’s publishing spinoff began trading today at a market value of about $9.1 billion, one-seventh the size of the entertainment side of the media empire, underscoring the business’s growth challenges. The &ldqu ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-06-20 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #media empire


How Apple shook up the electronic book market

Apple didn't try to fix or raise the prices of electronic books when it entered into the market in 2010, according to Apple Senior Vice President Eddy Cue. Rather, he says, the company was only working to ensure a profit for itself."We're not willing to lose money in any business," Cue told the... Continue reading at PC World

[ PC World | 2013-06-18 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #penguin group #lose money #electronic books #apple didn #district court


Apple, Amazon and the Disgruntled Publishers

“They had a relationship that was not positive. You heard a lot of negative things from them.” – Apple media boss Eddy Cue, testifying during the DOJ antitrust trial Monday, describing the way book publishers viewed Amazon, circa 2009 Continue reading at AllThingsD

[ AllThingsD | 2013-06-17 00:00:00 UTC ]
More news stories like this |


Apple's Cue Says Publishers Pushed for Higher E-Book Prices

The man the Department of Justice calls the "chief ringleader" of Apple's alleged conspiracy to raise ebook prices finally takes the stand in the government's price-fixing case against Apple. Continue reading at AllThingsD

[ AllThingsD | 2013-06-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #price-fixing case


Apple’s Cue Felt Pressure to Finish E-Book Deals for Jobs

Apple Inc. (AAPL) executive Eddy Cue told a judge he felt extra pressure to reach deals with ebook publishers in time for the introduction of the iPad in 2010 because of company cofounder Steve Jobs’s precarious health. “Steve ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2013-06-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #ebook publishers


Apple executive Eddy Cue defends ebook deals at antitrust trial

Government lawyers allege the agreements Apple signed in 2010 with five publishers amounted to a conspiracy to get consumers to pay more for electronic books.NEW YORK — Eddy Cue, the Apple Inc. executive in charge of negotiating the company's controversial ebook deals, defended how the tech... Continue reading at Los Angeles Times

[ Los Angeles Times | 2013-06-14 00:00:00 UTC ]
More news stories like this | All news stories tagged with: #witness stand #online bookstore #electronic books #antitrust trial