U.S. Senators Barbara Boxer and Rand Paul on Thursday announced the "Invest in Transportation Act of 2015," a proposal that would allow companies such as Apple to bring foreign cash reserves back to the U.S. at a significantly lower tax rate while using the proceeds to replenish the Highway Trust Fund.
After years of failing to do much more than embarrass Samsung Electronics in legal battles over patent infringement, Apple has rapidly obliterated Samsung's mobile division profitability, rendering it as barrenly unprofitable as every other Android or Windows licensee with razor thin margins in the phone, PC and tablet market.
Apple on Thursday released iTunes 12.1, an update to its venerable media organization and synchronization app that brings a new OS X Notification Center control widget and fixes performance issues during syncing.
Many wealthy Chinese consumers chose to forego designer handbags or expensive liquor when choosing gifts in 2014, a new report indicates, instead opting for Apple's iPhone, iPad, or Mac computers.
The U.S. Federal Communications Commission on Thursday took a step toward improving Internet speeds in America, requiring providers to offer download speeds of at least 25 megabits per second to classify as "broadband."
Many developers logging into Apple's iTunes Connect portal on Thursday found themselves presented with a a peculiar and potentially crucial error: The site is displaying the username, company, and apps of someone who is not them.
Microsoft on Thursday released its long-awaited Outlook client for iOS, giving both iPhone and iPad owners the ability to access a unified view of email calendar, contacts, and attachments.
As recent rumors have suggested Apple could offer a simple stylus to enhance a larger iPad model, a new patent application shows what kind of improved pen-based input technology the company has been working on behind the scenes.
Apple revealed this week that the launch of the iPhone 6 and iPhone 6 Plus attracted more Android users than ever before. But new data suggests that the rate of Android switchers in the U.S. was steady last quarter, implying that international users are the ones who made the jump to iPhone in record numbers.
The 74.5 million iPhones sold over the last three months of 2014 didn't just help Apple report the highest quarterly profit of any publicly-traded company in history, they also propelled the Cupertino giant into a first-place tie with Samsung as the largest smartphone maker in the world.
Samsung Electronics reported overall Q4 operating profits of 5.29 trillion won ($4.9 billion)--a 36 percent year-over-year drop--but its Mobile division suffered a 64.2 percent drop in profits, falling from $5 billion in the year ago quarter to $1.8 billion in the December quarter.
Consumers who have previously signed up for pre-paid wireless plans advertised with unlimited data from TracFone now have the right to claim a refund, as the company has agreed to a $40 million settlement over charges that it throttled or disconnected customers who used too much data.
Chipmaker Qualcomm on Wednesday revised its revenue forecast downward for 2015, lopping nearly $1 billion off of its high-end estimate and seemingly blaming the change in part on Apple's annexation of market share with the iPhone 6.
Apple does not appear to be resting on its laurels despite record sales of its iPhone and Mac, as the company spent nearly $2 billion on research and development in the first fiscal quarter of 2015, an increase of more than 40 percent over the year-ago figure.
China's central government has introduced new procurement regulations that would force technology companies wishing to do business with the country's banks to submit source code for review and build government-accessible backdoors into their products, according to a Wednesday report.
Struggling Japanese electronics maker Sony has conceded defeat in the digital music market, announcing on Wednesday that it will close its cross-platform Music Unlimited service at the end of March and refer customers to another iTunes & Beats Music competitor, Spotify.
Activist investor Carl Icahn believes shares of Apple should be valued much higher than their current trading price, and on Wednesday said he even plans to revise his own price target for the stock, which he called a "no-brainer" investment.
Apple's stunning first quarter of fiscal 2015 blew virtually every prediction out of the water, and left Wall Street analysts rushing to increase their price targets on Wednesday as the stock jumped higher.
Downloads still aren't translating to dollars for Google and developers who create applications for its Play store for Android devices, as Apple's iOS App Store remains far and away the most profitable digital storefront, according to the latest data.
Apple reported the biggest quarter in its history this week -- and one of the largest by any company ever -- by nearly every metric imaginable. AppleInsider puts those mind-boggling numbers into perspective.