Apple’s Block Request Denied and 3 Tech Titans to Watch
Apple Inc. (NASDAQ:AAPL): According to Bloomberg, U.S. District Judge Lucy Koh denied Apple Inc.’s request to block United States sales of numerous Samsung (SSNLF) mobile devices in a December 17 ruling. However, she has not yet issued a decision regarding the firm’s debate over the damages awarded by a jury. Previously, a jury said Samsung should pay $1.05 billion and Apple asked Koh to increase the damages by $536 million. Samsung pleaded they should be reduced by more than $600 million.
Google Inc. (NASDAQ:GOOG) introduced a new scan and match feature for storing your music online. After hitting Europe last month, it is now available to United States users as well. Just like Apple’s iTunes Match and Amazon’s Scan and Match service, Google Music now compares your local music library with its own database of songs. When it finds a match, Google places its copy of that song in your online library then it uploads any remaining songs that it can’t match. A lightweight piece of software called Music Manager handles all the syncing.
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Microsoft Corporation (NASDAQ:MSFT): Pacific Crest analyst Brendan Barnicle lowered his earnings per share estimates on Microsoft Corporation this morning, reflecting disappointing early sales of the company’s Surface tablets. “Based on feedback from component vendors, we are lowering our Surface assumptions going forward as well as lowering estimates,” he writes, noting that some of the unit decline is offset by an expected higher ASP with the introduction of the Intel-based Surface models expected early in 2013.
Intel Corporation (NASDAQ:INTC): Intel-based Windows 8 tablets and hybrids from the world’s two largest PC vendors, Lenovo and Hewlett-Packard, have been experiencing delays.
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