Apple Corporate

Apple has confirmed that CEO Steve Jobs will miss Wednesday's annual shareholder meeting for the first time since he returned in 1997 to the company he co-founded, Bloomberg has reported.

Jobs is currently on a medical leave of absence until the end of June to deal with unspecified health issues that have caused him to lose a significant amount of weight over the last year, so his absence is not a total surprise.

Chief Operating Officer Tim Cook is running the show in Jobs' absence and will likely serve as master of ceremonies for the meeting Wednesday morning at … Read more

A federal judge is letting Mac clone maker Psystar amend its legal defense against Apple.

Psystar was delivered a blow in November, when Judge William Alsup of the U.S. District Court in Northern California dismissed Psystar's antitrust claims against the Cupertino, Calif.-based Mac maker. The antitrust suit was a response to a copyright and trademark infringement suit Apple filed in July against Psystar, whose OpenComputers are designed to run the Mac OS X operating system.

In its amended complaint, Psystar accuses Apple of copyright misuse, as well as unfair competition violations based on its alleged copyright misuse. … Read more

Apple has reached a $22.5 million settlement agreement in the class action iPod Nano scratch lawsuit and potential claimants began receiving settlement notices this week, according to the plaintiffs attorney.

The lawsuit, filed in October 2005 in a California Superior Court in Los Angeles County, alleges Apple's iPod Nano is prone to scratches and its alleged defects were not disclosed by the company.

A $22.5 million cash settlement agreement was reached in late October and a court has preliminarily approved the agreement, said the plaintiffs attorney. But it wasn't until this week that notices of the … Read more

Apple made it clear on its earnings call it won't tolerate any pilfering of its iPhone intellectual property. It was less direct, however, on who that is directed at.

But Palm, with its recently introduced Palm Pre, apparently is willing to play the game of corporate posturing, as well.

A Palm representative, according to an interview with AllThingsD, noted the company is comfortable with its innovation and has no problem defending its developments.

Said the Palm rep:

If faced with legal action, we are confident that we have the tools necessary to defend ourselves.

Anyone want to keep watch … Read more

January 24 marks the the 25th anniversary of the release of the original Macintosh, a computer that--with its whimsical design, innovative graphical user interface and all-in-one form factor--permanently changed personal computing.

Any student of the history of PCs should know that the Mac project was first championed by the late Jef Raskin and then brought to fruition by Steve Jobs. But the team that built the first Mac was, of course, much larger than those two. In fact, the team had a wide range of personalities and skill sets and seems universally to have been regarded as a singular experience … Read more

With all the economic doom and gloom in the world these days, Apple executives must be wondering what all the fuss is about.

Apple's Tim Cook and Peter Oppenheimer acknowledged Wednesday that these are uncertain times to be in the retail consumer electronics business. But put aside any doubts about Apple's ability to sustain the first wave of recession. Posting record revenue and profit during its fiscal first quarter, the company shattered analyst predictions on the strength of solid Mac sales and stronger-than-expected iPod sales.

Can it last? Tough to say, given that few can predict how quickly … Read more

Updated throughout at 3:30 p.m. PST with details from conference call.

Apple reported on Wednesday first-quarter earnings significantly higher than analysts had expected coming off a disappointing holiday season for most tech companies, but provided its usual conservative guidance.

For the three-month period ended December 27, Apple recorded $10.2 billion in revenue, as compared with $9.6 billion a year ago, and net income of $1.6 billion, as compared with $1.58 billion a year ago. That translates into earnings per share of $1.78, far more than the $1.39 in earnings per share that … Read more

After a week spent worrying about the health of CEO Steve Jobs, Apple will look forward to getting back to business Wednesday when it reports its fiscal first-quarter earnings.

The last three months were not kind to computer and consumer electronics companies, but Apple is expected to have weathered the storm better than others. Analysts are predicting the company will report revenue and earnings per share at the high end of the guidance it provided in October, with expectations of $9.76 billion in revenue and earnings per share of $1.38.

The three-month period between October and December is … Read more

Apple CEO Steve Jobs' disclosure that he'll have to take some time off to tend to his health did not clear up any of the mystery surrounding exactly what is ailing the man.

By any measure, Jobs has lost a lot of weight over the last year. He has only said that he is suffering from some sort of hormone imbalance that is preventing his body from properly absorbing protein and therefore is causing weight loss. The problem has apparently become "more complex" in the last several days.

Let's look at what we know and what … Read more