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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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Square may sell out to rivals in the face of continuing losses tip sources

Square may sell out to rivals in the face of continuing losses tip sources

Square is a mobile payment start up that has been operating for a while and makes it easy for people to get paid. Things haven't been going well of late for the company and in the face of losses and cash flow issues. Sources familiar with the company and its operations claim that Square may sell to one of its rivals. Three people who claim to be familiar with goings-on say that Google considered buying Square earlier this year.

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Apple Should Buy Sony’s PlayStation Division

Apple Should Buy Sony’s PlayStation Division

Apple has well over $100 billion in cash, which is making many people across the globe wonder what the company should do with all that money. Investors would like to see it come back in larger dividends, while analysts believe it’s time for Apple to make some major moves and buy up smaller companies. Still others say Apple should do nothing with the cash and be content just holding on to it for security’s sake.

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