Apple, Cell Phone | featured news

The FBI on Tuesday disputed a computer hacker group's claim that it stole personal identification data on millions of Apple device owners from an FBI agent's laptop.

Apple Inc. (AAPL) sent out invitations to a Sept. 12 product event in San Francisco, where the company is expected to unveil a redesigned iPhone. “It’s almost here,” Cupertino, California-based Apple said in the invitation, whose image includes a ‘5’ in shadow, possibly in reference to the new product’s name. At the event, set for 10 a.m. at Yerba Buena Center for the Arts, Apple will introduce a new iPhone with a larger screen and thinner body, two people with knowledge of the plans said in July.

More details about the presumably imminent release of the next iPhone have emerged, if the typically anonymous spate of Internet sources are to be believed.

Since clinching the Republican nomination two months ago, Romney advisers have significantly stepped up their digital campaign, hoping to catch up with President Obama in an arena he dominated in 2008. Romney has hired data analysts and mobile-app developers from places including Google and Apple, unwilling to concede the traditionally liberal-leaning Silicon Valley talent pool.

Apple's patent case against Google's Motorola Mobility unit in Chicago was dismissed on Friday with prejudice, keeping both parties from refiling claims against one another.

A federal judge in Chicago, Ill. has thrown the Apple-Motorola Mobility smartphone patent case out the courtroom window and locked the window behind it, making sure it never finds its way back inside his court.

This is a guest post by Caribou Honig, a partner with QED Investors in Alexandria, Va. In a prior post on the topic of mobile payments, I made the case that the mobile wallet will become the foundation of a new, disruptive "payment Operating System."

Soaring sales of smartphones lifted Samsung Electronics's profit to a record and apparently pushed the South Korean company past Nokia as the world's biggest cellphone seller—and perhaps past Apple as No. 1 in smartphones.

The evidence continues to mount that the mobile phone business is evolving into a two-horse race. It’s Apple, Samsung, and a host of desperate hangers on. In the first quarter, according to Raymond James analyst Tavis McCourt, Apple accounted for about 80% of all profits in the mobile phone business, with Samsung accounting for the rest. The two companies combined, he figures, had 74% of mobile handset industry revenues.

Contract handset maker Foxconn International its loss in this year's first half to widen significantly from a year earlier as demand from major customers like Nokia weakened further in the period.