Apple sells $17 billion in bonds in record deal

Apple Inc. sold $17 billion in bonds Tuesday in a record deal spurred by the company’s plan to placate its frustrated shareholders.

Apple Inc. sold $17 billion in bonds Tuesday in a record deal spurred by the company’s plan to placate its frustrated shareholders.

Research firm IDC said more smartphones than “dumb” phones are being made this year, a milestone in a shift that’s putting computing power and Internet access in millions of hands worldwide.

Germany’s patent court invalidated Friday a patent held by Apple — and contested by rivals Motorola and Samsung — on its “slide to unlock” function for smartphones, but the ruling can still be appealed.

Apple is planning to begin production of a new iPhone similar in size and shape to its latest version in the second quarter of the year, the Wall Street Journal reported Wednesday.

Amid much speculation on the future of the “smartwatch,” the consensus is growing: the time is right.

Apple is to face “strengthened supervision” from China’s consumer watchdogs, state media reported Friday, as the US computer giant is hit by a barrage of negative publicity in the country.

Apple appeared in a Shanghai court on Wednesday, accused by a Chinese firm of copying software used for the “Siri” personal assistant on its hugely popular iPhones.

A handful of new smartphone platforms are expected to become available this year, challenging the stranglehold of the two market leaders, Google’s Android and Apple’s iOS.

Apple’s iPhone is outdated, according to the chief executive of BlackBerry-maker Research In Motion Ltd.

UP fitness wristbands got in stride with Android late Tuesday, keeping in step with the popularity of smartphones powered by the free Google software.

The head of BlackBerry has taken a swipe at Apple, saying in an interview the iPhone’s operating system was outdated, while promising thousands of new apps as it prepares to launch its new Z10 handset.

A U.S. judge is erasing nearly half of the $1 billion in damages that a jury decided Samsung Electronics should pay Apple in a high-profile trial over the smartphone and tablet computer patents.

Android-powered smartphones and Apple’s rival iPhone have extended their near duopoly with a whopping 91 percent of the global market in the fourth quarter, a survey showed Thursday.