Adobe has released a new application that allows PDF file conversions in iOS. Also, a security issue related to Lightweight Directory Access Protocol has been discovered in Mac OS X Lion. Finally, BlackBerry maker Research in Motion is opposing Apple's application for the WebKit trademark.
Apple recently issued a new build of Mac OS X 10.7.2 along with the eighth beta release of iCloud for Lion. Also, Research in Motion and Microsoft suffered heavy market share losses last quarter as Apple's iOS and Google's Android continue to grow. Finally, Starbucks is said to be adding TV shows and extended e-book previews, in addition to apps and music, as part of its "Pick of the Week" promotions.
Following Google's bid to purchase Motorola Mobility, Apple is predicted to strike a deal — perhaps with competitors Nokia or RIM — to consolidate its already significant patent portfolio and better position itself both offensively and defensively.
Only a few months after it first went on sale, the Wi-Fi-only model of Research in Motion's PlayBook touchscreen tablet is rumored to be discontinued, as it has failed to compete with Apple's market leading iPad. [Updated with response from RIM]
Software sales from Apple's mobile App Store as well as competing options like the Android Market are expected to continue their huge growth in the coming years, reaching $14.1 billion in direct revenue in 2012 and nearly $40 billion by 2015.
Apple's cash is expected to top $70 billion at the conclusion of its current fiscal quarter, a sum so massive it could buy out rivals Nokia, Research in Motion, HTC and Motorola Mobility, according to a new analysis.