Last full week before the Earnings Report. Should be a regular FUDfest. Besides the last-minute goal post moving for the recently concluded quarter, I expect early pre-emptive strikes on the initial 6S/+ sales, accompanied by outlandish "expectations" for the Western Hemisphere holiday quarter.
You know the drill.
I need a drink. The bar is now open, what's your pleasure?
Last Edit: Oct 16, 2015 23:21:52 GMT -5 by chinacat
Apple Ordered to Pay $234 Million in Patent Lawsuit -- 2nd Update
10/16/15, 9:14 PM A federal jury Friday ordered Apple Inc. to pay the University of Wisconsin $234 million for illegally using the university's technology in processors that power some iPhones and iPads, a setback for the company in one of several ongoing battles over the technology behind its smartphones.
The jury in U.S. District Court in Madison, Wis., ruled Tuesday that some recent Apple devices infringed the university's 1998 patent on improving processor efficiency.
Apple said Friday that it planned to appeal the ruling to the U.S. Court of Appeals for the Federal Circuit, which handles intellectual property cases, but declined further comment. An attorney in the case said an appeal would likely take 18 months or more.
The university praised the decision in a statement and said that "it is a serious matter for us to undertake litigation to protect the UW's patented inventions."
Apple had argued in court documents that its patents cover the technology in its processors and that the university's patents are invalid.
After the jury ruled Apple had infringed the patent, the company argued that it should owe the university 7 cents per device that used the technology, or roughly $10 million, one attorney in the case said. The university argued Apple owed it $2.74 per device, or about $400 million, the attorney said.
The case covered processors used in Apple's iPhone 5s, 6 and 6 Plus, as well as some iPads. The university sued Apple again in September for infringing the same patent in processors in the iPhone 6S and 6S Plus. That case is pending.
The university has been aggressive in enforcing its 17-year-old patent, which was based on technology developed by several professors and their graduate students. The school sued Intel Corp. in 2008 for infringing on the patent. The parties settled a year later.
"We believed our technology was ahead of its time," Gurindar Sohi, one of the University of Wisconsin professors that developed the technology behind the patent, said. "Almost two decades ago we tried to anticipate how computers would need to operate today. Our team invested the equivalent of more than 11 years of work to solve this problem."
Write to Jack Nicas at email@example.com
(END) Dow Jones Newswires 10-16-15 2114ET Copyright (c) 2015 Dow Jones & Company, Inc.
If the Univ. of Wisconsin prevails Apple should write the check out " Made Payable To The Tax Payers of the U.S. and State of Wisconsin".
Still waiting to be included in Apple's target market, in the meantime I own AAPL, an iMac, a MacBook Pro, an iPad mini, iPod shuffle and an iPhone. Still waiting on my xMac
Patent not licensed after 5 years or deployed in commercial products should be made available to the public for free.
Best do away with patent protection. Patent is silly because it is for the protection of profits of individuals and/or corporate entities. Consumers and humans at large suffered.
So all the work, money, risk, and effort that goes into creating something new and innovative is done by what? Robots and inanimate objects? Corporate entities are run by lifeless droids? There are real people who risk everything they have to create, and when they create something new, the rest of the world is somehow entitled to just help themselves to what they created? Seriously?
The patent system is broken, and my company has experienced first hand the legalized extortion game that patent trolls get to play. But even with that abuse, how does any thinking person believe that originality and innovation should be just given away to copycats and leeches who could then profit from the work of others? I guess that would be OK since the thieves are consumers and humans. Ya, that would be fair. SMH.
"The European Central Bank Credit caps debit and credit card interchange fees — payments made by card issuers to card networks for facilitating electronic purchases — at roughly 0.5 percent. When you consider that Apple Pay charges 0.15 percent of each transaction, it’s clear why there are concerns among the traditional parties as to whether they will get their fill."
I can't believe this stupidity is getting repeated. One suspects that the author believes .15% to be three times .5%, rather than 3/10ths. I'll save you all the rest of my Old Guy's Rant about how the internet has destroyed the quality of writing (and often, arithmetic) by those who get paid to do it. But to me this is just a classic example of the tech press bending facts to fit their preconceived conclusions.
Last Edit: Oct 18, 2015 12:34:40 GMT -5 by chinacat
I think the problem with Apple Pay is the same as other versions of same. It is too simple just to use an ordinary credit card, and we are used to it.
I have no desire to have to get out my phone, wait for it to power up (ouch), use it, press a button to power down, wait to swipe, and then put it away. No fun.
My wife and I love Apple Pay! And for those who also have an Apple Watch, nothing could be easier. After the card has been added to your watch by means of the Apple Watch app on your phone, just press the side button twice and hold your wrist up to the payment terminal. Wait for the tone and done.
Even before we got our Apple Watches, we still liked Apple Pay very much. Perhaps it's because we never power down our iPhones during the day so we never had to wait for the power up part of the transaction you describe.
My take on the John Maynard Keynes quote: "I can hold AAPL longer than the market can remain irrational." --Luckychoices
"There is no point in being confident & having a small position." --George Soros
"While AAPL could keep climbing from here, I'd more expect a modest pullback, sometime". --4aapl
SomeJuan: M1X... 16 cores of CPU, 16 cores of GPU, 4nm TSM fab, katy bar the door...
Jan 16, 2021 9:45:11 GMT -5
mercel: It's been a long strange trip - good to see you're still around (and in AAPL -my assumption).
May 10, 2019 12:48:32 GMT -5
Zeke: Long time no see. Nice to see familiar names still here.
Mar 25, 2019 14:42:52 GMT -5
sponge: Regarding the future of VR, I think it will be huge. I was a gamer when I was in college. But as an adult I lost interest. Last fall I flew up to visit my son at college and check out his new Vive set up. After playing with it for the weekend, I was
Apr 29, 2018 15:25:17 GMT -5
galleybob: thanks for your answer. I will copy and send to her
Nov 7, 2017 15:32:18 GMT -5
rickag: So since Jan 28th 2015 AAPL is up from 117.27 to 157.21
Aug 21, 2017 20:09:43 GMT -5
artman1033: VXAPL = 29.21 AAPL = $117.27 AFTER EARNINGS
Jan 28, 2015 14:54:46 GMT -5
artman1033: VXAPL = 44.94 AAPL = $110.39 BEFORE EARNINGS
Jan 27, 2015 11:12:53 GMT -5