Author Archives: Philip Elmer-DeWitt
  • Brief of the day: Apple on Google as a 'friend of the court'

    Apple to Google: If you've got something to say about Samsung, join the damned suit.

    FORTUNE -- Following its $1.05 billion patent infringement victory last summer, Apple (AAPL) appealed the district court judge's decision not to ban the sale of the Samsung devices that the jury determined had infringed multiple Apple patents.

    Google (GOOG) and several other companies now want to file an amicus curiae ("friend of the court") brief to the MORE

    - May 8, 2013 9:10 AM ET
  • Samsung-Apple patent war: The Journal misses the point

    Note to editor: Not all patents are the same.

    FORTUNE -- Under the headline Samsung-Apple Patent Fight: Is It Worth It?, Wednesday's Wall Street Journal takes a long look at three years of smartphone litigation and concludes that the answer is no.

    "A string of rulings in big cases has left litigants with little to show for all the trouble," writes the Journal's Ashby Jones in the "nut" paragraph that states the MORE

    - May 8, 2013 7:45 AM ET
  • Apple had 57% of mobile profits in Q1, Samsung 43%

    This quarter, according to Canaccord Genuity, their positions may be reversed.

    FORTUNE -- To simplify the chart at right -- drawn from data sent to clients Tuesday by Canaccord Genuity's T. Michael Walkley -- I've left out Nokia (NOK), Research in Motion (BBRY), Motorola (GOOG), Sony (SNE), LG and HTC.

    That's because between them, Apple (AAPL) and Samsung shared virtually all the profits made selling mobile phones -- smart and not-so-smart -- over MORE

    - May 7, 2013 6:41 PM ET
  • Transcript: What David Einhorn told his shareholders about Apple

    The hedge-fund billionaire who sued Apple in February was buying shares again in March.

    FORTUNE -- Greenlight Capital's David Einhorn, the poker-playing hedge fund manager who made his billions shorting Lehman Bros. and Allied Capital, never really fell out of love with Apple (AAPL). He sued the company last February not because he had lost faith, but because he wanted Apple management to increase the value of his million or so MORE

    - May 7, 2013 11:26 AM ET
  • Watch MarketWatch shift its Apple colors from red to green

    Editorial sentiment is changing, but it may take some time to turn the ship around.

    FORTUNE -- Although it was never in quite the same boat as The Motley Fool, Insider Monkey or ValueWalk, there's been a predictable cast to the Apple (AAPL) coverage on the Wall Street Journal's MarketWatch site these last few months. Typical headlines:

    When a stock like Apple loses its mojo Wall Street feeds Apple to the muppets again Is MORE

    - May 7, 2013 10:35 AM ET
  • A New York Times anti-Apple article swallows its own premise

    Once again, the paper twists itself into a pretzel to find the Apple-is-doomed angle.

    FORTUNE -- Readers who remember the New York Times' 2012 investigation of conditions in the Chinese factories that build iPads and iPhones for Apple (AAPL) -- the article that described Apple as "reprehensible" and "morally repugnant" -- may be surprised if they open Tuesday's business section and read this lead paragraph:

    "Terry Gou did almost everything that Apple could ask MORE

    - May 7, 2013 7:45 AM ET
  • Apple cracks the Fortune 10

    Jumped to No. 6 from No. 17 on Fortune's annual list of the largest U.S. companies.

    FORTUNE -- On its way to the No. 6 spot in this year's Fortune 500, Apple (AAPL) passed two banks (J.P. Morgan and Bank of America), two car manufacturers (Ford and GM), two carriers (AT&T and Verizon), one PC maker (Hewlett-Packard), one petrochemical company (Valero), one health-care giant (McKesson), one mortgage re-seller (Fannie Mae) and Thomas Edison's MORE

    - May 6, 2013 6:06 PM ET
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  • Apple pulls away from Exxon in the battle of the market caps

    The oil giant's interregnum may have been short-lived.

    FORTUNE -- Two years ago Apple (AAPL) made headlines when its market capitalization (share price times number of shares outstanding) overtook Exxon Mobil's (XOM) for the first time.

    In January, with Apple's share price in a tailspin, the big news everywhere from the Wall Street Journal to the Huffington Post was that Exxon was once again the market cap king -- the world's most MORE

    - May 6, 2013 1:25 PM ET
  • Barclays ups its Apple price target: The first increase of 2013

    Citing the stock repurchase and new products, Ben Reitzes raised his target 13%.

    FORTUNE -- Like Apple's (AAPL) shares, the price targets analysts set for the company have been on a jagged downward slide since last September. Until Monday, that is.

    That's when Barclays' Ben Reitzes broke the streak and upped his 12-month target to $525 from the $465 valuation he set three weeks ago, just before Apple's March quarter earnings call.

    "We MORE

    - May 6, 2013 10:26 AM ET
  • Apple Inc. tops Barron's 500

    "Stellar operating performance finally has catapulted the company into the No. 1 spot."

    FORTUNE -- I cancelled my Barron's subscription after the ridiculous cover story pictured at right, so I don't have access to this year's Barron's 500 list. But the story promoting the fact that it's topped by Apple (AAPL) -- Congrats, You Did It! -- is available to nonsubscribers.

    It starts like this:

    And now for some good news about Apple. Its stock might MORE

    - May 6, 2013 8:01 AM ET
About This Author
Philip Elmer-Dewitt
Philip Elmer-Dewitt
Editor, Apple 2.0, Fortune

Philip Elmer-DeWitt has been following Apple since 1982, first for Time Magazine, and now on the Web for Fortune.com.

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