Business

Anything from starting a business to working in a corporate environment.

Apple Sells Record Number of iPhones

Episode 1158

Apple iPhone 6

Apple sold over 75 million iPhones in the last three months, for combined sales of over $18 Billion in profit, a 40% profit margin, the largest in history. Apple also has over $142 Billion in cash. Most of that has been transferred to accounts overseas in order to avoid taxes. So while they have that much money, it's not exactly liquid in the US.

Apple just posted the best quarter in corporate history (CNN)…
http://money.cnn.com/2015/01/27/technology/apple-iphone-earnings/

Class Action Lawsuit Continues Against Apple

Episode 1142

Gavel

A class action lawsuit against Apple is ongoing over the iPod and an old sync feature. The suit is all about the fact that Apple iTunes would erase an iPod if it wasn't recognized by the computer. The lawsuit represents 8 million users for about $350 million, of which half will go to lawyers, of course. That leaves everyone else with a settlement of about $0.50 a piece.

Class Action Lawsuit Against Apple Weakens

Episode 1141

Gavel

A class action lawsuit has been taking place against Apple regarding non-iTunes music stored on iPods between 2007 and 2009. Apple had been deleting non-iTunes music from user iPods. Apple was able to present evidence that the iPod one of the plaintiffs bought was not in the time frame covered by the lawsuit. The other plaintiff may also not have purchased an iPod between the necessary dates, and is struggling to gain credibility.

Amazon Does a Full Week of Black Friday Deals

Episode 1139

Amazon

It used to just be the day after Thanksgiving, but now Black Friday has expanded. It's not only happening *on* Thanksgiving, but Amazon is having Black Friday sales all week! Leo says that while people are fighting over the marked down deals, a good price on a TV often isn't a great deal. They're usually limited in quantity and often not the best models.

Music Deals, an App for Windows 8, is giving away 50 really good albums for free, with box sets for just $2. You download the 320kbps songs through the app and then you can use them anywhere.

Obama in Favor of Regulating Internet Service Providers As Common Carriers

Episode 1135

President Obama this week came out in favor of Net Neutrality by regulating Internet Service Providers as common carriers, giving the FCC the power to prevent paid prioritization. This means Internet Service Providers would not be allowed to charge extra for faster access to customers.

Net Neutrality: President Obama's Plan for a Free and Open Internet (WhiteHouse.gov)…
http://www.whitehouse.gov/net-neutrality