Lawsuit demands end to iPod/iTunes monopoly; CD sales plummet
A class action lawsuit filed against Apple Inc. accuses the company of knowingly controlling the handheld market with its FairPlay music standard, forcing rivals out of business and allowing it to overcharge customers for iPods -- news that comes just as CD sales are reported to have dropped sharply in 2007.
Warner Bros. opts for Blu-ray over HD DVD
Movie studio Warner Bros. has confirmed that it will switch to releasing HD movies only in the Blu-ray Disc format, potentially ending HD DVD's run in the marketplace and affecting the computer industry as a consequence.
Goldman ups Apple target, urges investors to remain long
Investment Bank Goldman Sachs this week raised its price target on shares of Apple Inc., recommending that investors hang onto shares of the company at least through its upcoming Macworld Expo and fiscal first quarter earnings announcement.
Last of the "big four" labels to offer DRM-free music tracks
Record labels are remaining on the offensive when it comes to battling iPod maker Apple Inc. for revenue share in the digital music business, with word spreading that Sony BMG will soon join the ranks of other major labels in offering its catalog through some online retailers stripped of copy protection measures.
First month French iPhone sales fall shy of target
Orange, the mobile arm of France Telecom, said it sold over 70,000 Apple iPhones since the touch-screen handset made its debut in France during the final week of November.
Needham opens coverage of Apple with "buy" rating
Needham & Co has reinitiated its investment coverage of Apple, noting that the Mac maker has moved past the "old" iPod to prosper with the iPhone and the Mac.
