The Apple-Samsung war entered full circus mode today as witnesses took the stand. An "accounting expert" argued Samsung (SSNLF.PK) should pay just $27K (no typo) for use of Apple's (AAPL) patents (previous), since that's what he thinks it would cost Samsung to design around them. Later, a frustrated Judge Koh told an Apple attorney he should know better than to ask for a long list of witnesses "unless you are smoking crack." The attorney denied doing any such thing. Closing arguments are due on Tuesday. [View news story]
Samsung knows they are guilty & the judge knows it too
More on Apple: In addition to Piper, Morgan Stanley and Topeka are also defending the company ahead of its July 24 FQ3 report. The former calls Apple a top 2H pick in spite of expected iPhone sales weakness ahead of a refresh, and thinks iPhone margins will continue rising thanks to lower component costs. The latter, which maintains a $1,111 PT, estimates FQ3 iPhone sales were a relatively healthy 30.9M. (previous: I, II) [View news story]
"Over time, things have really soured between Siri and me. We barely speak anymore," says the NYT's Nick Bilton, discussing his falling out with Apple's (AAPL) voice-assistant software. Bilton adds the latest version of Google Voice Search (GOOG), an element of Google Now that's found on Android 4.1, is a superior alternative, and others seem to agree. Google has plenty of incentive to deliver a quality rival to Siri, given how it diverts traffic from Google search. (previous: I, II) [View news story]
Barclays' Ben Reitzes expects Apple (AAPL) to post FQ3 revenue of $36B and EPS of $9.62, below a consensus of $37.6B and $10.37. But the fervent Apple bull doesn't think it's a big deal: with negative smartphone and supply chain data piling up, Reitzes thinks investors are already counting on FQ3 iPhone sales to fall to ~27M. BMO's Keith Bachman, meanwhile, thinks Apple (typically conservative with guidance) could guide for FQ4 sales of $33B, well below a $38.5B consensus. [View news story]
The iPad Mini has become a lightning-rod for debate. Mashable's Peter Pachal isn't crazy about the concept, noting Steve Jobs' complaints about 7" tablets and declaring it "would represent a cheapening of what Apple (AAPL) stands for." VC Fred Wilson is more positive on the 7" form factor, particularly for reading purposes. Developer Joel Bernstein offers a detailed list explaining why a 7.8" iPad could "maintain a perfectly usable UI." [View news story]
The iPad Mini has become a lightning-rod for debate. Mashable's Peter Pachal isn't crazy about the concept, noting Steve Jobs' complaints about 7" tablets and declaring it "would represent a cheapening of what Apple (AAPL) stands for." VC Fred Wilson is more positive on the 7" form factor, particularly for reading purposes. Developer Joel Bernstein offers a detailed list explaining why a 7.8" iPad could "maintain a perfectly usable UI." [View news story]
The iPhone's Growth Rate Has Peaked [View article]
The Apple-Samsung war entered full circus mode today as witnesses took the stand. An "accounting expert" argued Samsung (SSNLF.PK) should pay just $27K (no typo) for use of Apple's (AAPL) patents (previous), since that's what he thinks it would cost Samsung to design around them. Later, a frustrated Judge Koh told an Apple attorney he should know better than to ask for a long list of witnesses "unless you are smoking crack." The attorney denied doing any such thing. Closing arguments are due on Tuesday. [View news story]
Yes, Apple Is In Discussions With Cable Operators, And Everyone Has Known This For Months [View article]
Apple: Our Fair And Balanced Analysis Of Apple's Performance [View article]
15 Reasons Why Apple Is A Once In A Lifetime Opportunity [View article]
Apple's CEO Discusses F3Q12 Results - Earnings Call Transcript [View article]
More on Apple: In addition to Piper, Morgan Stanley and Topeka are also defending the company ahead of its July 24 FQ3 report. The former calls Apple a top 2H pick in spite of expected iPhone sales weakness ahead of a refresh, and thinks iPhone margins will continue rising thanks to lower component costs. The latter, which maintains a $1,111 PT, estimates FQ3 iPhone sales were a relatively healthy 30.9M. (previous: I, II) [View news story]
"Over time, things have really soured between Siri and me. We barely speak anymore," says the NYT's Nick Bilton, discussing his falling out with Apple's (AAPL) voice-assistant software. Bilton adds the latest version of Google Voice Search (GOOG), an element of Google Now that's found on Android 4.1, is a superior alternative, and others seem to agree. Google has plenty of incentive to deliver a quality rival to Siri, given how it diverts traffic from Google search. (previous: I, II) [View news story]
Barclays' Ben Reitzes expects Apple (AAPL) to post FQ3 revenue of $36B and EPS of $9.62, below a consensus of $37.6B and $10.37. But the fervent Apple bull doesn't think it's a big deal: with negative smartphone and supply chain data piling up, Reitzes thinks investors are already counting on FQ3 iPhone sales to fall to ~27M. BMO's Keith Bachman, meanwhile, thinks Apple (typically conservative with guidance) could guide for FQ4 sales of $33B, well below a $38.5B consensus. [View news story]
The iPad Mini has become a lightning-rod for debate. Mashable's Peter Pachal isn't crazy about the concept, noting Steve Jobs' complaints about 7" tablets and declaring it "would represent a cheapening of what Apple (AAPL) stands for." VC Fred Wilson is more positive on the 7" form factor, particularly for reading purposes. Developer Joel Bernstein offers a detailed list explaining why a 7.8" iPad could "maintain a perfectly usable UI." [View news story]
The iPad Mini has become a lightning-rod for debate. Mashable's Peter Pachal isn't crazy about the concept, noting Steve Jobs' complaints about 7" tablets and declaring it "would represent a cheapening of what Apple (AAPL) stands for." VC Fred Wilson is more positive on the 7" form factor, particularly for reading purposes. Developer Joel Bernstein offers a detailed list explaining why a 7.8" iPad could "maintain a perfectly usable UI." [View news story]
iPhone 5: How Good Is Good Enough? [View article]
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