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Apple’s Beats buy about Music, not headphones

Apple’s Beats buy about Music, not headphones

Apple acquiring Beats is not about design. Apple did not acquire Beats for their design prowess, as the Beats group does not design the physical elements of their own products - Ammunition Group* does. Instead, Apple will have acquired Beats for its inroads to music, one way or the other. It is possible, if this deal is done, that Apple will have made a bad decision.

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Apple $3.2bn Beats buy apparently confirmed by Dr. Dre

Apple $3.2bn Beats buy apparently confirmed by Dr. Dre

As ways of announcing a $3.2bn acquisition go, popping drinks in the studio with Dr. Dre as he declares himself "the first billionaire in hip-hop" over the deal to sell Beats to Apple is one of the most memorable. In a video posted by actor Tyrese Gibson to his Instagram account, the rapper and producer behind Beats Audio seemingly confirms the sale to the iPhone maker, along with suggesting that the Forbes rich list probably now needs updating.

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Apple’s Samsung damages jiggled but not jacked up

Apple’s Samsung damages jiggled but not jacked up

Apple's damages pay-out from Samsung has been shuffled but not materially changed, with the jury in the patent trial granting extra cash for one infringement but notching back the sum on another to compensate. Apple was awarded $119m by the San Jose court on Friday last week, but asked by Justice Lucy Koh to re-examine the final awards after not granting damages for one case of Samsung's infringement.

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Apple Q214 earnings tap $10.2 billion net profit

Apple Q214 earnings tap $10.2 billion net profit

Starting off the quarter with a record-breaking quarter for revenue from services, Apple showed a quarterly revenue of $45.6 billion USD. This amount works with a quarterly net profit of $10.2 billion, turning out $11.62 USD per diluted share for the quarter. This is Apple’s financial Q2 for 2014.

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Apple iPhone and iPad sales: 43.7m and 16.4m in Q2 2014

Apple iPhone and iPad sales: 43.7m and 16.4m in Q2 2014

Apple sold 43.7m iPhones in Q2 2014, while iPad sales reached 16.4m, with phone sales rising compared to the previous year, though the same could not be said of the tablet category. Sales of the iPhone decreased 14-percent quarter-on-quarter - though were up 17-percent year-on-year - while revenue from smartphone sales dropped by a fifth to $26bn QoQ but up 14-percent YoY.

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