An Apple bashing campaign orchestrated by a protectionist government or a real reaction from consumers? The truth is Tim Cook made an unusual move on Monday apologizing to Chinese customers over the company’s warranty policy.
Telefónica’s chairman challenges tax strategy of Apple and Google
MADRID/BARCELONA | Telefónica’s Executive Chairman and Chief Executive Officer César Alierta unburies the hatchet against the two giants, which in his opinion are abusing their power against customers’ interest.
This Apple is bitten, but not rotten
José MarÃa Notari, markets analyst, is optimistic about Apple. Although the company seems to be losing territory to competitors, which like Samsung get stronger by the day, Apple is still a winner.
Reading the tea leaves of Apple-Samsung’s battle
Apple-Samsung war is far from over. Steve Job’s company got what it wanted from the jury -more than $1 billion- but it’s still fighting to get a ban on eight models of the South Korean company’s smartphones, including its Galaxy S devices. This is how the two giants, which once played as friendly competitors, have [...]
Who pays the price in the smartphone market fight
NEW YORK | It is a battle that started about two years ago. Samsung and Apple’s endless dispute over intellectual property arrives to court this Monday in California. Together the two companies account for more than 50 percent of all the world’s smartphone sales. A jury will have to determine if any of them has [...]
Who is paying the price of Apple’s entrance to the Chinese market?
BEIJING |Â The launch of the new Ipad in China seems to be nearer now that Apple managed to get rid of the biggest barrier it was facing: the legal dispute with the Chinese company Proview. It seems Apple underestimated the fact that they were targeting a strategic market with a product named after a trademark [...]
Apple opens its war chest: isn’t it what they are supposed to do?
NEW YORK | You may have been subjected to all the hyperbolic coverage of Apple. You may already be fed up with all those free advertisement in the mass media whenever Apple puts their new gadget in the market; irritated by the lack of respect for labour rights of its providers, like the now infamous [...]
US huge corporate cash piles: 41% sits in foreign accounts
NEW YORK | It is the latest mantra on Wall Street: US companies are sitting on a lot of cash, $1,2 trillion, and that’s only counting non-financial companies in the Standard & Poor’s 500, says the Association for the Financial Professionals. This is a record: up 70% from 2007 and 200% for the past 10 years. [...]
Goldman Boys again in the spotlight for inside trading
NEW YORK | US authorities’ investigation into insider trading at hedge funds is expanding quickly. The last case: a Goldman Sachs IT analyst may have leaked insider information to hedge funds. According to the Wall Street Journal, Henry King, senior technology analyst at the bank in Hong Kong and one of the big fish of [...]
Why investors punish Apple: liquidity, growth and apocalypse
By Luis Arroyo, in Madrid | The FT has published a very good article by John Authers on the unusual business practice that American companies maintain with their shareholders. As Authers says, at present, non-financial companies possess a cash cushion of 6% of their total assets, something that has never been witnessed in the last six [...]
