Sunday, March 27, 2011

Apple Inc. (NASDAQ:AAPL) Roundup: MobileMe, App Store Lawsuit, Patents

As usual, Apple Inc. (NASDAQ:AAPL) was at the centre of a wide range of news
stories this week. Apple Inc. (NASDAQ:AAPL) stocks ended the week at 351.54 (as
of 3/25/2011). Weekly News Roundup: Apple Inc. (NASDAQ:AAPL) Monday 21 March It
has been reported that Apple Inc. (NASDAQ:AAPL) will launch MobileMe Free
version soon. According to reports from a trusted source, Apple Inc.
(NASDAQ:AAPL) is getting ready to launch a free version of its cloud based
service. A revamped version of the paid one is also on the horizon. It was also
reported that the upcoming version of MobileMe will entirely be different from
the current version. Apple Inc. (NASDAQ:AAPL) fans are waiting for an official
statement from the company, because as usual, they are keeping their upcoming
release very close to their chest. Tuesday 22 March Apple Inc. (NASDAQ:AAPL) has
sued Amazon over its App Store name. The Mac Maker has sued Amazon for using its
patented 'App Store' name on Amazon's app store, claiming that Amazon has
no rights to use 'App Store.' It was reported that Apple Inc. (NASDAQ:AAPL)
has filed suit against Amazon in the US District Court in California. Earlier,
Microsoft Corporation had petitioned the court to allow broader usage of 'App
Store' as a generic term and not a brand. Wednesday 23 March The US Senators
have asked Apple Inc. (NASDAQ:AAPL) to pull Police-evasion applications. The Mac
Maker has apps geared for everything and everyone, and some of them are not so
well-received. Recently, four U.S. senators have asked Apple Inc. (NASDAQ:AAPL)
to remove an app from its App Store that could be used by drunk drivers to find
and avoid police checkpoints set to catch drunk drivers. The senators wrote
that, With more than 10,000 Americans dying in drunk-driving crashes every year,
providing access to iPhone and iPad applications that alert users to DUI
checkpoints is harmful to public safety. We know that your company shares our
desire to end the scourge of drunk driving and we therefore would ask you to
remove these applications from your store. Thursday 24 March Apple Inc.
(NASDAQ:AAPL) has announced the departure of one of its top software engineers.
The Mac Maker said in an official statement made yesterday that Bertrand Serlet,
a senior software engineer who had been a part of Apple Inc. (NASDAQ:AAPL) since
1997, is stepping down from the company. Serlet said in a statement that,
"I've worked with Steve for 22 years and have had an incredible time
developing products at both NeXT and Apple, but at this point, I want to focus
less on products and more on science." Friday 25 March Apple Inc.
(NASDAQ:AAPL) has been granted a number of new patents. The latest patents
granted to Apple Inc. (NASDAQ:AAPL) include the rights to an extended antenna
that is expected to be used in the notebooks or iPads of Apple Inc.
(NASDAQ:AAPL). The Mac Maker has been stockpiling the rights for many next
generation products or devices that are nonexistent at the moment, and has been
battling with various rivals over existing patent issues.

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