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Apple feels the long arm of the law

by Scott Bicheno on 14 June 2010, 10:38

Tags: Apple (NASDAQ:AAPL)

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Not so fast, sonny

Now that it's the world's biggest technology company, Apple had better get used to its every move being closely scrutinised. In the past few days, two formal investigations into Apple have been confirmed and the FBI has announced it's looking into the AT&T security breach that revealed the email addresses of iPad 3G owners.

Back in May, smartphone-maker HTC filed a complaint with the ITC (International Trade Commission), alleging Apple has infringed on a few of its patents and calling for a ban on the sale of all the iPhone, iPad and iPod in the US. Now the ITC has confirmed it will look into the matter. Don't hold your breath though, as it reckons it will take a month and a half to even decide on a target date for completing the investigation.

Then, also on Friday, Bloomberg reported that the FTC (Federal Trade Commission) is the US agency that will look into the restrictions Apple is placing on its new iAd platform, to see if they are anti-competitive. The possibility of this happening had been raised by the FT the day before.

Finally, it has been widely reported that the FBI is looking into the security breach revealed late last week that involved users of the iPad 3G in the US - and its exclusive network partner AT&T. While this only indirectly concerns Apple, as the breach happened via AT&T's website, it's nonetheless another crack in the Apple edifice.

At times it's easy to believe Apple can do no wrong; its product launches attract the kind of mania not seen since the Beatles were at their peak and it has become a money-making machine. However, with all the increased scrutiny it's facing, Apple may decide it's time to change its traditionally passive approach to PR.

The NYT has published AT&T's letter to its customers, explaining the security breach, here.

 



HEXUS Forums :: 8 Comments

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Now that it's the world's biggest technology company, Apple had better get used to its every move being closely scrutinised
Come on scott, its not the worlds biggest. That is not what market cap means :'(
TheAnimus
Come on scott, its not the worlds biggest. That is not what market cap means :'(

I was wondering if you'd dig that up. :rolleyes:
well it did take me 9 minutes.

how about “now is the technology firm with the worlds largest publicly traded portion of equity” intrestingly ‘apparently’ there are a lot of non-institutionals who own APPL, plenty of every day folk (thou a sizeable amount probably Chinese). Compared to Intel this is rather fascinating.

The reason could be quite interesting is imho we are seeing many bubbles in technology, especially around mobile search which just aren't going to be as profitable as people really think, I just can't see how the revenue is going to be that great, compared to say content delivery if Murdock gets his way.
Nows the time for MS to provide Internet Explorer 9 for Mac and get them to allow it to be chosen via a browser choice screen…
TheAnimus
well it did take me 9 minutes.

how about “now is the technology firm with the worlds largest publicly traded portion of equity” intrestingly ‘apparently’ there are a lot of non-institutionals who own APPL, plenty of every day folk (thou a sizeable amount probably Chinese). Compared to Intel this is rather fascinating.

The reason could be quite interesting is imho we are seeing many bubbles in technology, especially around mobile search which just aren't going to be as profitable as people really think, I just can't see how the revenue is going to be that great, compared to say content delivery if Murdock gets his way.

We continue to strive to achieve the right balance between readable and fastidious.

Regarding the mobile search bubble - it's mobile advertising where the big speculation is these days, hence the grief Apple's getting. In-app advertising has the potential to be as big, if not bigger, than website display advertising.