APPLE INC.

Congress should not endorse another big tax break for overseas corporate profits because the last one in 2004-2005 was a costly failure, said U.S. congressional investigators in a report released on Monday.

Apple's most extensive software update to its mobile devices, packaged as iOS 5, will be available as a free download from the iTunes Store starting Wednesday. Here's a look at the biggest changes to Apple's mobile platform.

Sprint Nextel shares (S.N) fell 8 percent on Monday as analysts slashed their forecasts for the No. 3 U.S. mobile operator, which said last week that would have to raise new capital.

Apple Inc.'s next-generation iPhone 4S is fast becoming the people's favorite smartphone. Apple, AT&T and Verizon have exhausted their pre-order supplies of the iPhone 4S, which will begin delivery on Oct. 14, according to media reports.

After fighting a long 8-year-battle with a rare form of pancreatic cancer, the tech genius Steve Jobs ultimately passed away on Oct. 5, Wednesday.

Apple's newly released iPhone 4S (the 16GB version) has reportedly been completely sold out on Apple's online store, at BestBuy and with service providers AT&T, Sprint and Verizon. What that means is that if you still want to boast of having the new iPhone on the actual day of the launch, you will either have to shell out more money and order the 32GB or the 64GB version or queue up in front of Apple stores across the country.

Notwithstanding sad prophecies of a big failure, Apple Inc. has hit yet another out-of-the-park home run with its new iPhone 4S, with AT&T reportedly rang the register on 200,000 pre-ordered models of the smartphone in just 12 hours. Reports said that the company that also serves as the carrier of the Samsung Galaxy S2 or S II is working with Apple to show 4G indicator in iPhone 4S status bar.

Following the release of Amazon's 7-inch Kindle Fire tablet on Sept. 28, Jefferies believes Amazon will launch 10-inch device before the end of the year.

iPhone 4S sales did not take a cue from Apple shares in the aftermath of the death of Steve Jobs. Apple Inc. has been expected to fare badly when Jobs finally disappeared, but the latest iProduct that Jobs lived to see defied gloomy predictions and is now emerging as probably the greatest of 'em all in terms of sales.

As reports that Sony Pictures is buying the rights to the biopic on the life of Steve Jobs, the former co-founder of Apple Inc. and Pixar Animation Studios, surface, entertainment pundits have started to speculate on the actor who could be picked to play the iConinc man. In addition, there are also discussions on the possible title of the film.

The iPhone 4S, which was labelled to be a flop phone by many, has shattered all preorder records of previous iPhone.

Recently announced by Apple, the iPhone 4S will be launched within the next two weeks, while Samsung launched its Galaxy S2 in U.S. markets sometime in the middle of September. The Motorola Droid Bionic was also released around the same time. Here is a comparison of the three phones - on the basis of specs, features and price.

Steve Jobs, 56, co-founder and CEO of Apple Inc., died last Wednesday after a long battle with a rare form of pancreatic cancer. And Jobs isn't the only celebrity to succumb to pancreatic cancer.

Despite doleful predictions of an epic fail, Apple Inc. has hit yet another out-of-the-park home run with its new iPhone 4S. By all accounts, the new smartphone has had a tremendous response from consumers.

Apple Inc.'s iPhone 4S is up against yet another mighty rival, with news trickling in that the Samsung Stratosphere is round the corner. Engadget.com has reported that the new Samsung smartphone will be offered on Verizon Wireless starting Oct. 13.

Given the likelihood one of the biggest rivals of the iPhone 4S will be the Samsung Galaxy S2, it will be interesting to have a comparison of the features of the two competitors.

Samsung Electronics Co. and Google Inc. have agreed to delay the public announcement of a new mobile-phone product following the death of Apple Inc.'s former chief executive, Steve Jobs, the Seoul-based electronics giant said Saturday.

Apple Inc. co-founder Steve Jobs, made a difference to the world, and his death has been deeply mourned by many. Italian-American singer Lady Gaga, like many of Jobs' mourners, has taken to Twitter to express her grief.

Even as the world mourns the death of Apple Inc.'s mastermind Steve Jobs, one of his long-time opponents and founder of the Free Software Foundation (FSF), Richard Stallman, remarked in a grossly inappropriate statement that he was glad Steve Jobs was gone.

A funeral for Apple Inc.'s co-founder Steve Jobs is being held on Friday with a small private gathering, a source close to the event told The Wall Street Journal. The funeral comes two days after Jobs' death on Wednesday, presumably at the end of his long fight with pancreatic cancer. Prior to his passing, Jobs had surgery for the disease, as well as a liver transplant.

The funeral for Apple co-founder and long-time CEO Steve Jobs will be today -- on Friday, according to a report.