More Apple Inc. Rumors Swirl
Intertrust Technologies Corp., a holding company owned by Sony (NYSE: SNE) and Philips (NYSE: NSG), claimed that Apple had infringed on 23 of its patents.
The terms of the settlement were not made public, but in 2004, Intertrust won $440 million in a patent-infringement lawsuit against Microsoft (NASDAQ: MSFT).
On Friday, comScore (NASDAQ: SCOR) released a report on smartphone subscriber market share in the United States.
Apple was the top manufacturer for the month and had 41.3 percent of the smartphone OEM market share, an increase of 0.1 percent from Nov. 2013.
Samsung (OTC: SSNLF) was second, with 27.0 percent of OEM subscriber share, followed by LG (KRX: 066570) in third place with 6.8 percent.
Android from Google (NASDAQ: GOOG), however, was the top platform for February, with 52.1 percent of platform market share.
Apple was second, with 41.3 percent of platform market share. Android and Apple together dominated the platform market.
Microsoft was a distant third, with only 3.4 percent of platform market share, followed by Blackberry with 2.9 percent.
The comScore report also found that during the period from Dec. 2013 through Feb 2014, 163.2 million people in the U.S. owned smartphones, which was an increase of 7 percent from the three months ending in November.
Last week, Amazon (NASDAQ: AMZN) released a set-top TV streaming device that took direct competitive aim at Apple TV, even selling for the same price.
Piper Jaffrey came out with a statement saying, “We believe the launch of the Amazon Fire TV highlights Apple’s necessity to aggressively update its Apple TV offering and ultimately introduce a full television,” while reiterating its rating of overweight rating for APPL with a price target of $640.
There was a new rumor about the long-awaited iWatch,