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Apple Inc. May Buy Beats Electronics and Gogo Inc. Soars on Q1 Results

Apple Inc. (NASDAQ: AAPL) is getting close to paying a record $3.2 billion for Beats Electronics as an entrance into music streaming and headphone gear. The companies are working out the details but discussions have been private. One person told Reuters anonymously that the envisioned deal may still fall through. Beats Electronics was founded by rapper Dr. Dre and is best known for its "Beats by Dr Dre" line of trendy headphones. Earlier this year the company launched a music service. Beats was only valued at $1 billion during its last funding last September. Apple Inc. and its wholly-

Apple Wins Court Case Against Samsung and BroadSoft Reports Net loss in Q1 2014

BroadSoft, Inc. (NASDAQ: BSFT) reported a loss in income for the 2014 first quarter of $7.5 million, or 26 cents per basic and diluted common share. This is compared with a net loss of $2.3 million, or 8 cents per basic and diluted common share, from the year ago quarter. The company reported non-GAAP net income was $2.1 million, or 7 cents per diluted common share for the 2014 first quarter, compared to $5.1 million, or 18 cents per diluted common share for the 2013 first quarter. BroadSoft, Inc. provides software and services that enable mobile, fixed-line, and cable service providers

Apple and Samsung Case in Jury Hands and Herbalife Reports Strong 1st Quarter Results

Apple Inc. (NASDAQ: AAPL) and Samsung's case is now going to a California Jury. It's been a month of testimony from expert witnesses hired by both Apple and Samsung as well as executives from both companies. A silicon Valley jury of four women and four men will deliberate to sort out the legal dispute between the smartphone makers. Apple is seeking $2.2 billion from Samsung after accusing the company of infringing five software patents related to smartphones. Samsung has denied theclaims and has countered that Apple owes it a little more than $6 million for infringing two of its patents.

Apple Approves 7-for-1 Stock Split and Plug Power Announces Secondary Offering

Apple Inc. (NASDAQ: AAPL) has announced its first stock split in more than nine years. The company has authorized a 7-for-1 stock split in an effort to be more appealing to investors. The split is scheduled for early June. The company also announced that it would be buying back an additional $30 billion of its stock and has raised its quarterly dividend by 8 percent to $3.29 per share. Apple's recent earnings rose 7 percent to $10.2 billion, or $11.62 per share. Revenue climbed by 5 percent to $45.6 billion. Apple Inc. and its wholly-owned subsidiaries design, manufacture, and market

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