Year: 2010

Apple now owns iPad trademark

Apple now owns the iPad trademark.  The trademark was filed by Fujitsu in March of 2003 for their iPad wireless handheld computing device used by retailers.  Records at the U.S. Patent and Trademark office show that the trademark was assigned to Apple on March 17, reports the Patent Authority (http://patentauthority.com/2010/03/apple-buys-ipad-trademark-from-fujitsu/).

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Apple execs sell shares

More than a million restricted shares of Apple stock that seven of them were granted on Dec. 14, 2005 became fully vested Wednesday. The next day, with Apple opening at an all-time record high, four of them sold off all those shares pursuant, as the SEC Form 4 has it, to a Rule 10b5-1 trading plan, reports “Fortune” (http://macosg.me/2/18).

Chief Operating Office Tim Cook was the “big winner,” the article adds. He sold 300,000 Apple shares at prices ranging from US$226.9 to $230.7, for a total of $68.8 million — $32 million of which was set aside for taxes.

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Credit Suisse firm predicts Monster fiscal quarter for Apple

Credit Suisse has raised their Apple target from US$275 to $300, reiterated its Outperform rating and calling for a Monster quarter. According to “StreetInsider” (http://macosg.me/2/17), in a note to clients, the firm made these points:

° Apple’s March quarter revenue and EPS (earnings per share) should be $12.26 billion and $2.57 billion, respectively.

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