August 27 – On Monday Apple Inc.(NASDAQ:AAPL) filed an
injunction for a ban on the sales of Samsung phones in the United States. The
previous week it had won a favourable verdict from a San Jose federal court
jury, which upheld its claims of patents infringement by Samsung. The court
also awarded it more than a billion dollars in damages.
The Samsung
devices that Apple wants out are: Galaxy S 4G, Galaxy S2 AT&T, Galaxy S2,
Galaxy S2 T-Mobile, Galaxy S2 Epic 4G, Galaxy S Showcase, Droid Charge and
Galaxy Prevail.
August 28 - Apple Inc’s new iPad Mini will debut in
October, confirmed AllThingsD, citing several sources.
The site said
that the debut will take place in two separate events this fall. The first event will feature the
unveiling of its new smartphone, iPhone 5 on September 12.
AllthingsD says
that only after the iPhone is retailing on store shelves will it announce the
iPad Mini to the world.
"That
device, which is expected to have a display of less than eight inches, will be
uncrated at a second special event, which sources said is currently scheduled
for October," it said.
Apple's
intention is to have two separate blockbuster events rather than submerge the
two announcements into one and thus dilute the impact of each.
August 30: On Thursday the Apple stock, which have
been hitting regular highs got an upgrade. Andy Hargreaves of Pacific Crest
upgraded the stock to `Outperform' with a price target of $690 citing material
improvements in yields of components for the next iPhone model.
He estimated
that including the new phone, an additional 20 million units of its phones will
be sold this year, topping his original estimates of 163 million units.
Hargreaves added that the upsides for the stock could range between $720 and
$750 a share.
In another major
development on Friday Apple asked for four more Samsung phones to be included
in the list of devices that infringed on its patents.
The iPhone maker filed
documents in a San Jose federal district court asking a judge to end Samsung's
release of "copycat products," and urged the court to pull Samsung
products released after its lawsuit was filed in April.
The new products
also include Samsung's new Galaxy S III smartphone. Previously Apple had listed
17 Samsung products as patent violators, but the new filing lists 21.
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