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Apple set for an i-fall – corporate

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2 years ago

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http://www.euronews.com/ Apple’s latest quarterly trading statement is expected to include the first drop in profits for a decade.

Analysts are predicting that the iPad and iPhone maker’s revenue will have risen, but are looking for a fall of up to 18 percent in earnings with increasing pressure from the Android operating system and smartphone rival Samsung.

Anticipating problems, investors have been selling Apple shares.

They recently broke below 400 dollars for the first time since December 2011 and have fallen by 40 percent since September last year.

*Google losses to Apple on iPhone patent*

There was some good news for Apple this week as the US International Trade Commission ruled that it did not violate a Google patent in its iPhones.

Apple had initially been accused of infringing on six patents for iPhone-related technology covering everything from reducing signal noise to programming the device’s touch screen so a user’s head does not accidentally activate it while talking on the phone.

Two were removed from the case, and the ITC said last August that Apple was innocent of infringing three others.

If Apple had been found guilty of violating the patent, its devices could have been banned from being imported into the United States.

Google can appeal the decision to the US Court of Appeals for the Federal Circuit. “We’re disappointed with this outcome and are evaluating our options,” the company said in a statement. A spokeswoman for Apple declined comment.

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2 Comments

2 Comments

  1. @master1820461

    April 20, 2024 at 7:23 am

    i-fall

  2. @exsplosin35

    April 20, 2024 at 7:23 am

    Too bad

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Another Europe News

“It’s freedom”: Border residents react to end of Gibraltar-Spain checks

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40 minutes ago

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July 17, 2026

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“It’s freedom”: Border residents react to end of Gibraltar-Spain checks

Routine border checks between Spain and Gibraltar have ended, allowing thousands of daily commuters to cross more easily. While many welcome shorter journeys and greater freedom, others remain cautious about the long-term impact.

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Cypriot minister defends appointment of EU Cyprus special representative following backlash

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2 hours ago

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July 17, 2026

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Cypriot minister defends appointment of EU Cyprus special representative following backlash

Cyprus says the EU’s appointment of Raffaele Fitto as special representative for the divided Mediterranean territory will support reunification efforts, but Turkish Cypriot leadership has blasted the move as biased and putting strain on efforts to improve EU-Turkey relations.

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Latest news bulletin | July 6th, 2026 – Morning

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3 hours ago

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July 17, 2026

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Latest news bulletin | July 6th, 2026 – Morning

Catch up with the most important stories from around Europe and beyond this July 6th, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.

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‘Food insecurity is on the increase’, World Food Programme Director says

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4 hours ago

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July 17, 2026

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‘Food insecurity is on the increase’, World Food Programme Director says

Conflict in Lebanon has “hit humanitarian operations” worldwide, says WFP Executive Director Carl Skau. “In the poorest countries, people are now eating less” as rising costs have reduced aid deliveries and disrupted supply chains.

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Ukraine opens new cluster of negotiations on EU membership track

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5 hours ago

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July 16, 2026

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The European Union and Ukraine on Tuesday opened a new cluster of negotiations, as part of the process for the country to join the Union.

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