Tag Archive: billion

Google Is In Talks To Buy WhatsApp For $1 Billion [Rumor]


There are a couple of cross-platform messaging apps that will help you bridge the divide between your friends on iOS and Android, but over the last year, WhatsApp has become the most popular option, and it’s caught the attention of Google.

A new report claims that Google is in talks to buy WhatsApp for $ 1 billion, but the talks have been going on for four or five weeks and haven’t  [Read More…]

Apple’s Spaceship Campus Is Behind Schedule And $2 Billion Over Budget [Report]

Apple 'spaceship' Campus 2

The budget for Apple’s “spaceship” campus has ballooned from $ 3 billion to “nearly $ 5 billion” since 2011, according to a new report from Bloomberg Businessweek. Five people close to the project say its cost will now eclipse the $ 3.9 billion being spent on the new World Trade Center complex in New York City.

Apple Campus 2 was presented to the Cupertino City Council by Steve  [Read More…]

Samsung: We Might Owe Apple More Than $1 Billion After All


After Judge Lucy Koh decided to invalidate $ 450.5 million of the original damages owed to Apple in its trial against Samsung, most of the press believed this meant Apple wasn’t going to get anywhere near the original $ 1.05 billion owed to it by Samsung. Turns out everyone was probably wrong.

Even though Judge Koh ordered a new trial to determine the proper damages to award Apple for 14 of  [Read More…]

$450 Million Slashed From Apple’s $1 Billion Damages Award In Samsung Patent Lawsuit


Apple has lost nearly half of the $ 1 billion in damages it was awarded last August after beating Samsung in a high-profile U.S. patent lawsuit. The presiding judge over the case, Lucy Koh, decided to invalidate $ 450.5 million of the original damages owed to Apple in a new ruling today.

Damages were incorrectly calculated for 14 Samsung devices related to the trial, and Koh has ordered a retrial for  [Read More…]

The iBookstore Is A Billion Dollar Business For Apple


The iBookstore might not be the most profitable leg of Apple’s empire, but it is said that Apple doesn’t get into a business if it can’t make a billion dollars off of it… so no surprise that the iBookstore is a billion dollar business, even if it’s not much more than that.

Over at Asymco, Horace Dediu crunched the numbers and said that the iBookstore is making over a billion  [Read More…]

Apple Announces iTunes U Content Has Topped One Billion Downloads


Apple announced today that their free education portal, iTunes U, just topped over one billion downloads for content. iTunes U provides free educational content from some of the top universities around the world and is the world’s largest online catalog of free educational content.

If you’re looking for a free education, or just want to brush up on some subjects, you can enroll in iTunes U courses from professors at Duke,  [Read More…]

Office For iPad Would Be Worth $2.5 Billion To Microsoft, Per Year


Rumors (and credible leaks) about Microsoft Office for iPad have been swirling for at least a year, but so far, the best you can do is load up Office 365 in your iPad’s web browser. If you want a tablet that natively runs office, you have to buy a Surface.

There’s a reason for that. Microsoft knows that Office is the biggest reason why someone might buy a Surface over an  [Read More…]

Google Pays Apple $1 Billion A Year To Be Default Search Provider On iOS [Report]


Google pays Apple around $ 1 billion a year to be the default search engine on iOS, according to Morgan Stanley analyst Scott Devitt, and that figure is going to rise in the years ahead. That’s more than a lot of companies turn over in a year, and Apple banks it for doing literally nothing.

Apple and Google have a “per-device” deal rather than a revenue sharing deal, according to Devitt’s  [Read More…]

Why Apple Needs Its $137 Billion Cash Hoard


Yesterday, there was a bit of a hub-bub about Apple’s enormous $ 137 billion cash hoard, after David Einhorn, the head of Greenlight Capital, sued Apple over a plan to discard preferred stock and pressed Apple to give a significant chunk of the cash hoard directly to investors. It was such a big deal that Apple felt as if it were forced to respond.

Is there a good reason for Apple  [Read More…]

Sprint Reports $1.3 Billion Loss For Q4 2012, Despite Best Ever Quarter For iPhone


Sprint has today announced its fourth quarter and full year financial results for 2012, and they don’t make for pleasant reading. Despite healthy smartphone sales driven by the iPhone, the carrier reported a loss of $ 1.3 billion for during the three-month period, which is the same figure it lost during Q4 2011. It also saw more than 1 million Nextel subscribers jumping ship.

Sprint did see an increase in revenue  [Read More…]