LG

Pie chart: Apple's outrageous share of the mobile industry's profits

Cupertino is raking in the cash as its competitors struggle to post any profit at all

Canaccord Genuity initiated coverage of Apple (AAPL) Tuesday with a "buy" rating and a price target of $356 per share.

In the long, laudatory accompanying note by T. Michael Walkley, their new Apple specialist, the two paragraphs that jumped out at us were the ones that talked about the company's ability not just to innovate, but MORE

Today in Tech: News around the Web

A round-up of the companies, deals, and trends that made headlines.

Every day, the Fortune staff spends hours poring over tech stories, posts, and reviews from all over the Web to keep tabs on the companies that matter. We've assembled the morning's most newsworthy bits below.

Former HP (HPQ) CEO Mark Hurd made his first public comments as Oracle (ORCL) co-president to discuss the company's huge growth opportunities. Oracle's first-quarter revenue rose MORE

Is the iPad driving down chip prices?

Samsung warns of a memory glut from weakening PC sales as consumers turn to tablets

File this under unintended consequences.

On Tuesday, according to Reuters, the world's largest manufacturer of memory chips warned that DRAM prices may fall in the next two quarters due to weakening demand for notebook and desktop computers.

"If the PC market continues to slow, we may see a kind of oversupply in Q4 or Q1," Kwon Oh-hyun, head MORE

Apple talks tough to handset makers

The HTC lawsuit capped blunt talks that have reportedly shaken their faith in Google

Oppenheimer's Yair Reiner issued a behind-the-scenes report Tuesday that sheds a lot of light on the patent suits Apple (AAPL) filed last week against HTC, the Taiwanese smartphone maker.

Citing "industry checks," Reiner writes that:

"Starting in January, Apple launched a series of C-Level discussions with tier-1 handset makers to underscore its growing displeasure at seeing its iPhone-related IP MORE

The iPhone is 2009's top seller

Apple's pocket computer is America's most popular mobile phone, smart or otherwise

Research in Motion (RIMM) may have a larger market share and LG may have more phones to sell, but Apple (AAPL) has the U.S.'s No. 1 mobile phone, according to a report published Tuesday by the Nielsen Co.

Apple benefited from the fact that Nielson counted both its current models as one entry. Together the iPhone 3G and the iPhone MORE

How LG is getting teens to think before they text

With its "Give It A Ponder" campaign, the handset maker walks the line between lecture and laughs

One in five teenagers have received a naked picture in a cell phone message. That's one scary stat that LG marketing executive Ehtisham Rabbani uncovered while researching how teens use mobile technology.

Most interesting, though, is what Rabbani did with the information. Rather than ignore the trend – or engage in a lot of MORE

The iPhone's got Seoul

Apple's smartphone lands with a bang in Korea as pre-orders approach 65,000

After China's muted reception, Koreans greeted the launch of the iPhone Saturday in the style to which Apple (AAPL) has become accustomed. Hundreds of customers lined up, some as long as 26 hours in advance, to pick up the country's first batch of 1,000 iPhones amid helium-filled balloons, flashing strobe lights and a blaring rockabilly band.

According to the AP, MORE

33% of U.S. touchscreens are iPhones

Touchscreen phones are on fire, comScore reports, and Apple is leading the pack. For now.

There's a thundering herd of imitators behind it, but Apple's (AAPL) iPhone still dominates that fastest-growing segment of the U.S. smartphone market, according to a comScore report issued Tuesday.

Touchscreen mobile phone adoption in the U.S. grew at a breakneck 159% rate last year, comScore reports, easily outpacing the 63% growth of the broader smartphone market.

By MORE

Bandwidth hogs - iPhone and other smartphones

The way consumers use Apple's mobile phone (i.e., constantly) means big headaches for carrier AT&T. And more smartphones are on the way.

At the South by Southwest music, film, and interactive fest in Texas earlier this year, the iPhone was all the rage -- and not in a good way.

The device proved so popular with Internet-addicted attendees that AT&T's wireless network in the city of Austin buckled under the strain, all MORE

J.D. Power survey: iPhone tops in all but battery

Apple's (AAPL) iPhone took first place in J.D. Power's 2009 smartphone consumer satisfaction survey released Thursday.

The iPhone ranked highest in every category except battery life, where it was tied for last place with Motorola (MOT).

Research in Motion's (RIMM) BlackBerry, by contrast, scored highest in battery life but ran with the middle of the pack in the other categories (physical design, ease of operation, features, operating system and overall satisfaction).

The survey MORE