ITUNES

Earnings Preview: Apple

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Apple Inc. said in April it expected to announce earnings of 66 cents per share for its quarterly report due on Wednesday but Wall Street analysts are anticipating a significantly higher result.

Apple results eyed for iPhone sales

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Apple Inc. is expected to show a 35 percent surge in quarterly profit this week, but the focus will be on just two days: the last 48 hours of June when its highly anticipated iPhone went on sale.
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Apple shares at new high on iPhone sales prospects

Shares of Apple Inc. rose more than 4 percent to an all-time high on Thursday as investors bet on strong demand for its media-playing iPhone and speculation mounted over plans to sell the device in Europe.
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Universal Music declines long-term iTunes deal: source

Universal Music Group, the world's largest music company, has declined to sign a long-term deal with Apple Inc.'s iTunes music store, leaving open the possibility for exclusive deals with other services, an industry source said on Sunday.
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Thousands of tech fans snap up first iPhones

Thousands of U.S. gadget fans flocked to stores on Friday to be the first buyers of Apple's iPhone, a music-playing and Web-browsing device expected to shake up the mobile industry.
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Apple's iPhone to hit stores, jolt industry

Apple Inc.'s iPhone hits store shelves on Friday in a consumer spectacle that has whipped gadget fans into a frenzy over a device that challenges business as usual in the mobile phone industry.
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Apple Becomes Third Biggest U.S. Music Retailer

Apple Inc.'s (NASDAQ: AAPL) popular iTunes store became the third largest music retailer in the United States, according to market research, soaring past traditional brick-and-mortar stores and other online stores.
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Swarmcast offers faster way to download iTunes

Privately held Swarmcast, which specializes in streaming video over Web connections, on Tuesday unveiled a new application to accelerate video downloads from Apple Inc.'s popular iTunes store.
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Apple TV Hits Stores

Apple Inc. (Nasdaq: AAPL) joined the growing number of consumer electronics manufacturer's connecting the home television to the personal computer today, making its Apple TV set-top box available to consumers for the first time.
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Cisco, Apple Settle iPhone Dispute

Cisco Systems, Inc.and Apple, Inc. said Wednesday that they have decided set aside legal hostilities in order to share the 'iPhone' trademark worldwide. They will explore opportunities for 'interoperability' in the areas of security, and consumer and enterprise communications.
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Apple Rallies on Strong March Outlook

Apple Inc. (Nasdaq: AAPL) rallied on Wednesday after Prudential Equity Group raised its earnings estimate for the firm's current quarter, expecting strong computer sales as well as cheaper parts.
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SpiralFrog Signs Pair of Licensing Deals

SpiralFrog, the firm that hopes to expand the online music market beyond payment-based iTunes and others with its ad-supported music service, signed a pair licensing deals this week in anticipation of a launch early this year.
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Samsung Takes Aim at Apple iPhone

Samsung Electronics unveiled a new cell phone on Thursday, with media capabilities and a touch-screen similar to Apple's (NASDAQ: AAPL) iPhone. The unit also contains a full QWERTY-keypad that slides out at its base.

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