Apple's retail network has brought in $14 billion over the year ending in June, which allowed the company to top rankings of 20 US retail chains in terms of merchandise value sold per square foot of store.

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IDC reports that China has surpassed the US in demand for PCs, with the country consuming 18.5 million shipments worth $11.9 billion, compared to domestic shipments of 17.7 million units worth $11.7 billion.

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More than a month after introducing its latest Thunderbolt MacBook Airs, Apple is still unable to meet broader demand for the 13-inch models, which can be seen listed at prices well above MSRP on at least one of the internet's largest ecommerce sites.

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HP's announcement that it will spin off its PC business stems from the razor-thin operating margins of just 5.7 percent the company has collected from its massive -- but not highly profitable -- computer sales.

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Hewlett Packard, the world's largest PC maker, has announced plans to spin off its PC business and scrap its recently acquired webOS smartphone and TouchPad tablet business to focus on software and services.

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In the global market for mobile PCs including notebooks and tablets, Apple now ranks first, with a 21.1 percent share of units sold.

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New PC shipment data for Western Europe reveals that Apple was the only one of the top five vendors to grow in the second quarter as the region's PC shipments declined 19 percent.

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A new, disputed report from one Wall Street analyst claims Apple's Mac sales have slowed significantly since the fourth week in July, suggesting its back-to-school promotion is not boosting sales as much as expected.

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Sources within the notebook industry allege that Intel has rejected a request from PC makers for a steep 50 percent discount on CPUs designed for its Ultrabook specification, even as manufacturers struggle to compete with Apple's MacBook Air on price.

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Back-to-school sales have been particularly strong for Apple this year, with both the Mac and iPad proving popular, while non-Apple tablets have failed to gain traction with education buyers.

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Intel Capital, the strategic investment arm of the world's largest chipmaker, announced on Wednesday a $300 million UltraBook fund to invest in new technologies for its new category of tablet-like notebooks that will challenge Apple's MacBook Air.

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Apple has enhanced its recycling program to add a new "reuse" option that pays owners of existing iPhones, iPads, Mac or PC desktop or notebook computers a fair market value for their old equipment, paid via an Apple Gift Card.

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Apple's line of Mac computers are seen making further market share gains in the coming years, growing to 4.5 percent of sales in 2011, and 5.2 percent of new PCs sold in 2015.

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Apple on Monday launched a new, entry-level 21.5-inch iMac meant specifically for educational institutions, sporting a dual-core 3.1GHz Intel Core i3 processor and a price of just $999.

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As notebook makers struggle to produce thin-and-light notebooks that compete with Apple's MacBook Air on price, Intel has sent a reference bill of materials to its partners with costs of $475-$650 for 21mm notebooks and $493-$710 for 18mm models, according to an unconfirmed report.

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Long known as a master of the supply chain for overseas components, Apple has reportedly out-muscled the competition for yet another crucial element of its products: unibody metal notebook chassis.

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Some locations have reportedly been sold out of Apple's newly updated Thunderbolt MacBook Air models, as consumers have been quick to embrace the refreshed thin-and-light notebook.

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Windows-based PC makers looking to challenge Apple's extremely successful line of ultra-lightweight MacBook Airs with designs based on Intel's "Ultrabook" platform are losing hope that they'll be able to do so and still turn a profit on sales of the notebooks any time this year.

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New MacBook Air models use a smaller, cheaper Thunderbolt controller that limits them to using a single external display while consuming less space on the logic board.

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Last year at its "Back to the Mac" event, Apple launched a revamped pair of 11 and 13 inch MacBook Air models that borrowed hardware details from the iPad. This year, the company's duo of light and thin notebooks get some notable hardware enhancements but also benefit significantly from Mac OS X Lion, which incorporates a variety of iPad software features.

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