When it comes to expanding into new markets, or being enjoyed by customers all over the world, Apple is the definition of a multinational company.
It also makes a whole lot of money for people around the globe, as it highlights in a new post concerning the company’s commitment to job creation in Europe.
The post runs down some pretty impressive figures, such as the fact that Apple employs 16,000 people in Europe; that a further 116,000 European jobs have been created at other companies thanks to Apple’s growth; that 132,000 jobs are currently directly or indirectly supported by Apple; and that 497,000 jobs are directly attributable to the App Store.
Apple and Samsung have decided to drop all patent litigation in courts outside of the U.S. The decision ends cases that are open in Australia, Japan, South Korea, Germany, Netherlands, the U.K., France, and Italy.
Disputes over intellectual property related to the iPhone and Samsung phones will continue stateside, and neither party has agreed to a licensing arrangement of any kind.
There are really only two players in the smartphone race: Apple and Samsung. According to new data from Canadian investment firm Canaccord Genuity, Apple and Samsung command a whopping 108% of smartphone profits combined.
The above chart is for the second quarter of 2014. Apple’s cash cow has been the iPhone for years, and it’s easy to see why; no one comes close to raking in the same kind of profit off hardware.
In a recent press conference, Samsung executives admitted how its role as third party chip manufacturer (something which makes up half of Samsung’s microprocessor business) is being negatively affected by Apple’s decision to work with other partners like TSMC.
Whether the iPhone 6 will or won’t have a super-hard, nigh-invulnerable sapphire glass screen, though, Apple is still doubling down on its investments into the material. In fact, it was announced today that Apple’s sapphire glass facility is nearly ready for mass production.
Does the iOS-centric IBM-Apple deal equal the end of the road for desktops? Absolutely it does, if you believe Bob Tinker, CEO of the newly-public company MobileIron.
Discussing the recent alliance between the two tech giants during his company’s first earnings call, Tinker pointed to the IBM-Apple deal as something of a signal moment for mobile. “I think of it as a positive that IBM’s committed to building mobile apps for enterprises, switching away from Windows to mobile platforms,” he noted.
“This signals the end of the desktop era. IBM once made a deal with Microsoft in the late 1980s that ushered in the era of the desktop, and now they’re ending it with Apple.”
Apple filed a motion with the U.S. Court of Appeals yesterday, dropping its cross-appeal of Judge Lucy Koh’s verdict in its lawsuit against Samsung, and officially ending Apple’s pursuit of a product ban for the rival company.
Apple is in talks to buy Swell, a startup described as “Pandora for talk radio,” according to several sources.
Swell’s service compiles different podcasts and sorts them into personalized streams, thereby acting as a sort-of podcast recommendation system. The deal would reportedly set Apple back a cool $30 million.
Watch today’s Cult of Mac news roundup for details on a lawsuit filed by Apple employees. Plus, you’ll get info on the latest Apple software updates, a look at the Starbucks app’s new capabilities and Jimmy Kimmel’s hilarious iWatch prank.
There are a lot of reasons to be excited about Apple right now, but if you believe Morgan Stanley analyst Katy Huberty, we’re just getting started.
Based on Apple’s quarterly SEC filing, Huberty believes Apple’s revenue is set to explode over the coming quarters, since she claims Cupertino’s off-balance sheet commitments “confirm major product ramps later this year.”