It is a hazard of holding a patent trial in the San Francisco Bay Area that many potential jurors have links to Silicon Valley companies. It took the full first day in a San Jose court to select a fair and balanced jury for the patent case between Apple and Samsung, dashing hopes that the court might have heard the two companies’ opening arguments on Monday afternoon. Read more
The alliance between Apple and Twitter almost became a direct investment last year, it emerged late on Friday, in a sign of the power plays at work as Silicon Valley companies grapple with the high-stakes shift to mobile.
United by common competitors in Facebook and Google, Apple discussed a possible investment in Twitter at a multibillion-dollar valuation more than a year ago, just as the social media service was being built deep into the latest iPhone. Read more
Interesting commentary from around the Web on the tech story that made headlines this week.
Even though Apple’s earnings disappointed Wall Street this week, attention quickly shifted to the forthcoming iPhone 5 and the latest version of its Mac operating system, Mountain Lion. Read more
Roku and Vizio are the battling underdogs of the US TV industry, surviving and even prospering against bigger players thanks to their aggressive pricing strategies and rapid innovations.
Roku’s set-top box for streaming internet content has held its own against Apple TV, while Vizio has duelled effectively with Samsung over TV sales leadership. Now Roku has earned fresh legitimacy with a $45m investment led by News Corporation and its part-owned broadcaster British Sky Broadcasting. Read more
Apple’s third-quarter results have fallen short of Wall Street expectations, in a rare miss for the maker of the iPhone.
Apple reported revenues of $35bn and profits of $8.8bn or $9.32 per share, compared to an analyst consensus forecast of $37.2bn and $10.37 per share. Its shares fell 5 per cent to $570.00 in after-hours trading on the news in New York
Apple’s chief executive and chief financial officer were questioned by analysts on the miss – caused mainly by lower-than-expected iPhone sales – on the company’s earnings call. Our live blog from that event is after the jump. Read more