Steve Jobs has been named the most powerful person in business for 2007, according to a new list compiled by Fortune Magazine
Shares of Apple computer surged in late Monday trading, gaining nearly 8 percent after the consumer electronics maker posted profit that surpassed Wall-Street expectations. The maker of the iPod music player estimates with a 67 percent rise in quarterly profit , led by strong sales of its Macintosh computers and a big first full quarter from the iPhone.
Apple Inc Chief Executive Steve Jobs said on Wednesday that outside developers will be allowed to create programs for the iPhone, changing a policy that had angered many.
Intel Corp shares rose 4.3 percent on Wednesday as its better-than-expected quarterly report helped boost other microchip shares, even as fellow technology heavyweight International Business Machines Corp posted lower hardware sales.
Apple Inc said on Tuesday the newest version of its Macintosh operating system would go on sale on October 26, hitting the market after a four-month delay due to the company's work on the iPhone.
With the stock near its all-time high, any mistake from the iPod, iPhone and Mac maker could give investors an excuse to cash out.
The overnight success of Pixar seemed easy, but a new documentary about the cartoon studio shows it was a risky business venture.
Apple Inc Chief Executive Steve Jobs was asked by U.S. securities regulators to give a deposition in a lawsuit against the company's former general counsel involving stock options backdating, Bloomberg reported, citing two people familiar with the matter.
Apple President Steve Jobs reiterated his commitment to charging the same price for iTunes downloads across Europe as his lawyers defended the company on Wednesday against allegations its prices are not uniform.
Deutsche Telekom's mobile phone division, T-Mobile, said on Wednesday it won a deal to sell Apple's iPhone and said the price would be 399 euros ($558), as reported last week by Reuters.
Apple Inc. will start selling its popular iPhone smart-phone in the U.K with the Spanish-owned service provider O2, bringing the firm's highly-coveted device to Europe for the first time.
Apple Inc is calling a London news conference next Tuesday as speculation mounts that the consumer electronics guru will unveil long-awaited plans to bring its iconic iPhone cell phones to Europe.
News Corp. will not pull its television shows from Apple's iTunes as rival media group NBC Universal has done over a pricing dispute, President Peter Chernin said in an interview on Tuesday. He said News Corp was not in a dispute with Apple, though it would like a bigger voice in pricing its shows.
Apple chief executive Steve Jobs defended his company's decision on Thursday to cut the price of the iPhone device by $200 this week, but offered existing buyers a $100 store credit and an apology after some complained of the sudden drop.
Apple Inc is expected to unveil new iPods this week, injecting fresh excitement into the product line at a time when defections by partners have shown cracks in its digital music dominance.
NBC Universal has decided not to renew its contract to sell television shows on iTunes, becoming the second major media company to challenge Apple Inc's dominance in digital entertainment.
Apple Inc may sell more than 800,000 iPhones in the current quarter, UBS said in a research note on Tuesday. That suggested the company would easily top its own target of some 730,000.
Wal-Mart Stores Inc said on Tuesday that it was now selling digital music downloads on its Web site without the customary copy-protection technology that limits where consumers can play the songs.
A blogger calling himself 'Fake Steve Jobs,' whose parody of the Apple Inc. chief executive amused and enthralled Silicon Valley, revealed himself on Sunday as an editor of Forbes business magazine.
A web video startup by recent college grads is getting backing from Apple and Clear Channel founders.
Apple Inc.'s shares rose more than 8 percent on Thursday after stronger-than-expected quarterly profits prompted a number of analysts to raise their price targets on the stock.
Apple Inc. on Wednesday said its quarterly profit rose 73 percent from a year earlier, zooming past expectations on strong Macintosh computer sales and helping to send its shares up nearly 10 percent.