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Apple And Samsung CEOs Will Meet To Settle Patent Disputes (AAPL)

Steve Kovach

tim cook

Apple CEO Tim Cook and Samsung CEO Choi Gee-sung will meet to discuss a settlement regarding patent disputes between the two companies, according to Reuters.

The two companies have gone back and forth with lawsuits over recent months related to their smartphone and tablet products.

Reuters cites a court filing that says the two CEOs have agreed to meet.

You can read all the details from Reuters >

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See Also:

Mark Cuban Took A Big Stake In Vringo, The Company In The Middle Of A Massive Patent Attack On Google
THE MICROSOFT INVESTOR: Microsoft Is Staging A Comeback!
Here's The Unbelievably Lame Title For Ashton Kutcher's Steve Jobs Movie

source: www.businessinsider.com

17 Apr 2012

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Mega Apple Bull Brian White's Three Part Plan For The Stock To Recover (AAPL)

www.businessinsider.com Jay Yarow 63 days ago

apple stock price

profit cycle

quarterly dividend

value investors

brian white

Brian White of Topeka Capital is a super ultra mega bull on Apple. Despite the depressed Apple stock price, and the very real possibility Apple could miss its own guidance this quarter, he's been pounding the table about why Apple is a buy all the way down. Today, he lays out a three point plan for Apple to rebound: "Phase 1 - Pay Out More Cash to Win Over True Value Investors." Apple should bump its quarterly dividend to $5.00 per share, up from $3.75 (annual yield of 4.4 percent, up from 3.3 percent). It should also authorize $100 billion in share buy backs over the next five years. ... Read similar

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Tim Cook: 'You Don't See A Large Number Of People Writing PC Apps' (AAPL)

www.businessinsider.com Owen Thomas 98 days ago

Apple's CEO just zinged Microsoft at the Goldman Sachs Technology and Internet Conference in San Francisco. The "app economy," Tim Cook said, is going to "two or three players." (Presumably he means Apple and Google, with room for maybe Microsoft or Amazon.) "You don't see a large number of people writing PC apps," Cook said. Major shot against Apple's longtime PC rival, which prides itself on the number of Windows software developers. Please follow SAI on Twitter and Facebook.Join the conversation about this story » Read similar

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LEAKED: Here's What Tim Cook Told Employees In A Secret Meeting About Apple's Tanking Stock (AAPL)

www.businessinsider.com Nicholas Carlson 114 days ago

apple ceo

growth and profitability

iphones

retail employee

aapl

Apple shares are more than 36 percent off their 52-week high of $705/share, down to $447/share following last week's quarterly earnings miss. This sharp decline has suddenly made Apple no longer the world's most valuable company. Perhaps confusingly, this is all happening as Apple posts the biggest profits of any non-oil company ever. What's happening is: Apple's business, powered by the incredible growth and profitability of the iPhone, has reached a summit, and, while it is still growing, it is growing at a slower pace than it used to. Since stock prices are a reflection of where Appl... Read similar

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Tim Cook Attempts To Debunk Rumors That Apple Cut iPhone Supply Orders (AAPL)

www.businessinsider.com Steve Kovach 118 days ago

The biggest Apple story last week was that Apple reportedly cut orders on iPhone supplies. As a result, the stock tanked. CEO Tim Cook addressed the rumor on today's earnings call, saying even if the rumor was true, one data point shouldn't be taken as a sign for how Apple's whole business is performing. "I'd stress that even if a particular data point were to be factual, it would be impossible to interpret the effect on our business," Cook said. "Our supply chain is very complex...there's a long list of things that would make any single data point not a great proxy for what's going on."... Read similar

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10 Things You Need To Know This Morning (GOOG, AAPL, NFLX, MSFT)

www.businessinsider.com Nicholas Carlson 28 days ago

Good morning. News: Google said Apple violated six of its patents with the iPhone. The U.S. International Trade Commission disagrees. Are investors treating Tim Cook the same way they treat Steve Ballmer? Nick Wingfield points out that Microsoft has been able to grow profits and revenues under Ballmer, but the stock hasn't moved. You that really stupid trick teens are doing on YouTube, where they pull a condom through their nostril and then out their mouth? Doctors say its really stupid – and really dangerous. Instead of asking students to raise their hands, teachers can use new so... Read similar

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10 Things You Need To Know This Morning

www.businessinsider.com Nicholas Carlson 78 days ago

federal investigation

It's Monday morning. Let's do this thing! First, the news. After, come back to SAI all day for live news and analysis. Samsung posted its first video ad for its new flagship phone, coming out March 14. Microsoft bought the exclusive rights to an indie movie and made it available to Xbox users. Microsoft may owe Denmark $1 billion in taxes. In a job listing, Microsoft says its next major phone release will come during the holidays. Aaron Swartz's "best friend" has a long story out, describing what it's like to be a witness in a federal investigation. Sounds pretty smothering. Sony has announce... Read similar

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Months Before He Died, Steve Jobs Believed He Would Live For Years As Apple's Former CEO (AAPL)

www.businessinsider.com Nicholas Carlson 166 days ago

When, in the summer of 2011, Apple CEO Steve Jobs told COO Tim Cook that he wanted Cook to become CEO, both men still believed Jobs was getting better, and that he would live for a long time as Apple's former CEO. In an interview with Bloomberg BusinessWeek editor Josh Tyrangiel, Cook says "the conversation occurred at a period of time when I felt Steve was getting better, and I think he felt this way as well." That's news. Previously, the common assumption about the change at the top of Apple was that Jobs only stepped down from the CEO role in August 2011 because he believed he was going to ... Read similar

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Meet The 3 CEOs Of Samsung, The Most Important Tech Bosses You've Never Heard Of

www.businessinsider.com Steve Kovach 55 days ago

This month's Galaxy S4 debut wasn't the only big news for Samsung. The company also promoted two of its presidents to CEO. J.K. Shin, the company's mobile boss, and Boo-Keun Yoon, the appliances boss joined current overall CEO Oh-Hyun Kwon. That's right. Samsung now has three CEOs. However, the move appears to be more of a title bump for Shin and Toon than a move to the traditional CEO role. They'll still report to Kwon while managing their respective divisions within the company. What's strange is very little is known about the three men in charge of Samsung. And it looks like Sams... Read similar

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Tim Cook Never Wanted To Sue Samsung Over Patents (AAPL)

www.businessinsider.com Jay Yarow 100 days ago

patent suits

reuters report

tim cook

supplier relationship

aapl

Apple's current CEO Tim Cook didn't want to sue Samsung over smartphone patents, according to a new Reuters report. He was opposed to the lawsuit, largely because of Apple's supplier relationship with Samsung, according to Reuters. Steve Jobs was the one that really wanted to go after Samsung in the courts once he saw how it was copying the iPhone and the iPad. Prior to being CEO, Cook was COO and oversaw the supply chain. He worked closely with Samsung, so he was likely to be in a more awkward position once Apple filed its lawsuit. Suing Samsung, which was copying Apple in many ways, certainl... Read similar

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Zuckerberg Is A Better CEO Than Tim Cook, According To Employees (FB, AAPL)

www.businessinsider.com Julie Bort 67 days ago

jeff bezos amazon

cognizant technology solutions

marc benioff

paul otellini

mark templeton

Facebook's Mark Zuckerberg is the best CEO, according to employees who rated him on career site Glassdoor.com. 99% of almost 400 employees that used the site approve of the job Zuck is doing. In comparison, Apple CEO Tim Cook has a 93% approval rating from about 1,900 Apple employees on Glassdoor. That's puts Cook at No. 18 on Glassdoor's overall list of the 50 Best CEOs, released today. It also makes him No. 12 if the list is limited to just tech CEOs. Here's the top 15 best tech CEOs as ranked by employees. No. 1: Zuckerberg, 99% approve No. 2: co-CEOs Bill McDermott & Jim Hagemann... Read similar

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How Apple Determined Tim Cook's $4.2 Million Salary

www.businessinsider.com Alyson Shontell 144 days ago

restricted stock units

This year, Apple CEO Tim Cook will bring home about $4.2 million. His salary is $1.4 million with a cash bonus of up to 200% ($2.8 million) of that base. How was that salary determined? CNNMoney says Apple takes multiple factors into account. It looks at the company's financial results and Cook's performance, as well as the amount of money other "peer" CEOs make. It looks at CEO salaries of direct competitors, such as Amazon, Google, Microsoft, HP and Dell. It also looks at the Oracles, Ciscos and IBMs. In addition, it looks at media CEO salaries, like those of Disney, Time Warner and News Cor... Read similar

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U.S. Invalidates Apple's 'Pinch-To-Zoom' Patent For Touchscreen Devices (AAPL)

www.businessinsider.com Steve Kovach 153 days ago

apple patents

u s patent and trademark office

patent and trademark office

wsj

patent trademark

The U.S. Patent and Trademark Office has invalidated Apple's iconic "pinch-to-zoom" patent. The WSJ was the first to report the news. Samsung discovered that the patent was invalidated after going over Apple's records in the ongoing legal battle between the two companies. Samsung wants to use this latest evidence to justify its demand for a new trial because "Pinch-to-zoom" was one of the Apple patents a jury found Samsung guilty of infringing. Apple won the initial ruling against Samsung. If the ruling stands, Samsung will have to pay Apple a little more than $1 billion. Please fol... Read similar

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Apple CEO Tim Cook Launches A Preemptive Strike Before Congress Grills Him Over Taxes (AAPL)

www.businessinsider.com Jay Yarow 5 days ago

Apple CEO Tim Cook is going to appear before Congress next week to talk about its overseas profits, cash, and taxation. Ahead of his appearance, Cook is doing a round of interviews with political reporters to lay the groundwork for what he'll be speaking about. Politico spoke with Cook and says he's going to offer some ideas for comprehensive tax reform, although it didn't detail what they might be. Here are Cook's quotes to Politico: "I hope to make some clear recommendations, and I trust there will be receptive parties there." "We don't have a large presence in Washington, as you probably... Read similar

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What It Was Like When Steve Jobs Told Tim Cook He Was Going To Be CEO Of Apple (AAPL)

www.businessinsider.com Jay Yarow 166 days ago

professional transition

One day in the summer of 2011, Tim Cook got a call from Steve Jobs. "I’d like to talk to you," said Jobs. "Fine, when," asked Cook. "Now," said Jobs. So, Cook dropped what he was doing and headed over to see Jobs. When Cook arrived Jobs surprised him by saying he was going to make Cook CEO of Apple. At the time, Jobs was sick, but Cook tells Bloomberg BusinessWeek, he thought Jobs was getting better. Jobs explained his decision, saying, "There has never been a professional transition at the CEO level in Apple." "Our company has done a lot of great things, but has never done this one." In... Read similar

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The Difference Between Tim Cook And Steve Jobs, According To An Ex-Employee (AAPL)

www.businessinsider.com Jay Yarow 179 days ago

A former Apple employee named David Sobotta caused a bit of a stir when he called Tim Cook a technology "lightweight." Speaking with ReadWrite, he said, "Technology-wise, I think Tim Cook is a lightweight. I never felt passion for technology from Tim like I did from Steve and some of the great engineers." We reached out to Sobotta for some clarity about his remarks. We wondered how the CEO of the world's biggest technology company could be a lightweight in the world of tech. How could be not be passionate about technology and run Apple? "There's a difference between loving technology," S... Read similar

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Apple Is Holding A Town Hall Meeting With Employees Right Now! (AAPL)

www.businessinsider.com Jay Yarow 117 days ago

Apple CEO Tim Cook is holding a town hall meeting with employees right now, Jordan Kahn at 9 To 5 Mac reports. He's not doing it because the stock price has been mauled, though we're sure he'll talk about that. This is standard procedure at Apple. It did the same thing last year after it had triumphant earnings. We'll keep our eyes open for any news that leaks. If you're an Apple employee and you'd like to tell us what Cook says, here's my email: jyarow@businessinsider.com. Please follow SAI on Twitter and Facebook.Join the conversation about this story » Read similar

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Apple Is Likely To Take On Debt To Pay Out A Big Dividend, Says Bernstein (AAPL)

www.businessinsider.com Jay Yarow 36 days ago

Apple is likely to announce its plans for a new, bigger dividend in May, weeks after it announces earnings, says Bernstein analyst Toni Sacconaghi. Sacconaghi says Apple is talking to large shareholders about how it should distribute its cash. He has spoken with some of the shareholders, and he reported his findings. We don't have the note, but Philip Elmer DeWitt at Fortune wrote it up. The key bits: Shareholders want Apple to return 50% of free cash flow to shareholders on annual basis. This would equal ~$22 billion a year. If Apple does this, it could lift the stock by $30. If not, the sto... Read similar

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The WSJ Had A Cook Interview, Too, But Bloomberg Beat It To The Punch (AAPL, NWS)

www.businessinsider.com Nicholas Carlson 166 days ago

7:00 AM eastern was a painful minute for the Wall Street Journal this morning. That's because that's when Bloomberg BusinessWeek published its massive, "exclusive" interview with Apple CEO Tim Cook. A source tells us that the Wall Street Journal also had Cook in for a visit during his recent New York media tour. For whatever reason, Bloomberg got its interview up first. Perhaps the Tim Cook visit was "on background" – meaning: not for publication, and just for information purposes. Either way: Ouch. (Cook also met with Brian Williams of NBC, and that interview is coming tonight.) ... Read similar

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Tim Cook On Competition With Samsung And Android: 'We Don't Have Our Heads Stuck In The Sand' (AAPL, GOOG)

www.businessinsider.com Steve Kovach 83 days ago

apple shareholder meeting

At today's annual Apple shareholder meeting, Tim Cook addressed a question about how the company plans to attack the growing market share of Samsung and Android mobile devices. According to CNBC's account of the Q&A session with shareholders, Cook said Apple was aware of what the competition is doing. "We don't have our heads stuck in the sand," Cook said. Cook also said Apple isn't limiting investment in research and development in order to continue growing its cash pile. Cook admitted there are a lot of Android devices out there, but also pointed out that market share is more impor... Read similar

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Yahoo Employees Don't Approve Of Marissa Mayer As Much As They Used To (YHOO)

www.businessinsider.com Nicholas Carlson 151 days ago

ritz carlton in half moon bay

During her first quarter on the job, Yahoo employees gave CEO Marissa Mayer a 97% approval rating. That number is now down to 80%. That's according to Glassdoor.com, a site where employees can review their employers and their bosses. One of Mayer's key focuses has been improving morale at Yahoo. She's brought in standard Silicon Valley perks like free food and smartphones for all fulltime employees. She's also planned a fairly elaborate Christmas party. A couple weekends ago, she put up ~80 Yahoo execs for a retreat at the luxurious Ritz Carlton in Half Moon Bay. Yahoo product devel... Read similar

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