Jabil Circuit, whose customers include Apple and Cisco Systems, will put up for sale its aftermarket services for $275 million. The contract electronics maker also looks to part ways with BlackBerry as its revenue declines.
Tags: Apple Inc
Apple CEO Tim Cook receives $4.25 million in salary and bonus for fiscal year 2013
Tim Cook, incumbent chief executive of Apple Inc, has received $4.25 million in salary and bonus for the fiscal year 2013. A proxy filing by Apple also revealed that the tech giant's chief executive did not receive stock-based compensation for the last two fiscal years.
Apple shareholders to vote on Carl Icahn's $50 B stock buyback proposal early next year
Apple Inc. has filed a proxy statement with the US Securities and Exchange Commission on Friday. Apple investors are set to vote on activist investor Carl Icahn's $50 billion stock repurchase proposal on February 28.
Apple asks court to ban sales of Samsung Electronics smartphones, tablets in the US
Apple Inc has asked a US District Court in California to ban the sales in the US of more than 20 smartphones and tablets of its rival Samsung Electronics, Bloomberg reported.
Apple snaps up US note-taking app Catch, digital mapping firm BroadMap -report
Tech giant Apple Inc have quietly acquired Silicon Valley's note-taking startup Catch and New Hampshire's digital mapping firm BroadMap a few months back, according to 9to5Mac.
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China-based professional laser equipment manufacturer Han's Laser Technology Co bought Israel-based Nextec Technologies in its effort for expansion amid slow growth in the Chinese laser measurement devices market.
China Mobile Ltd. has reportedly entered a deal with Cupertino-based tech giant Apple Inc. to offer iPhones to its more than 700 million subscribers. China Mobile earlier this week received its 4G license from the Chinese government.
Japanese electronics conglomerate Sony Corp. may spend JPY10 billion on a chip plant it intends to buy from Renesas Electronics Corp. Sony is reportedly increasing its chip output to boost its profits.
Apple Inc has acquired social media search and analytics startup Topsy, an unusual purchase for a hardware-focused company that has made few forays into social networking.
Apple Insider points out how the tech giant fared less than expected in light of analysts' predictions last year that it would hit a thousand per share.
Technology-focused private equity firm Silver Lake Management LLC will raise a USD1 billion fund to be invested in mid-sized companies. The firm's Silver Lake Sumeru LP unit will run the new fund.
According to Xinhua, China Mobile will be the first carrier to provide 4G LTE in China starting Dec 18th. It would certainly boost Apple, of which the latter is eager to regain a significant market share that was lost to Android, said TechCrunch.
An Apple Inc. spokeswoman has confirmed that the Cupertino-based tech giant will acquire Israel's PrimeSense Ltd. for USD350 million. The PrimeSense deal is the latest in Apple's acquisition of less well-known companies.
According to a report written in Hebrew at Calcalist, Apple acquired the company that helped develop the original Kinect of Microsoft for USD345 million.
