The news that Apple planned to unveil its third-generation iPad in early March sent Apple’s stock soaring to $500 and beyond, and it brought back a meme that has come and gone quite frequently over the past year: “Apple is worth more than.” Ever since Apple began to go back and forth with Exxon for the title of most valuable company in the world, the media has become obsessed with finding combinations of companies, national debts and other interesting things that Apple is worth more than. The game has become quite easy now that Apple has put some separation between itself and Exxon — as of market close on Friday, Apple’s market capitalization topped $460 billion while Exxon’s value sat at just under $397 billion — but in the context of Apple’s rivals, there are two key areas where this meme is of particular interest. Read on for more.

Last week as Apple’s stock price shot up to within a few dollars of $500, the Apple is worth more than meme claimed two new victims: Google and Microsoft. The combined value of Apple’s two main smartphone platform rivals fell just short of Apple’s market cap last week, and as of Friday’s close the companies’ value totaled $452.88 billion. Apple’s market cap as of Friday’s close is $460.05 billion. That in itself is mind boggling, but there is another equally impressive angle that wasn’t covered last week.

Apple is worth more than every single one of its smartphone vendor rivals combined.

Morgan Keegan analyst Tavis McCourt noted last week that Apple managed to pull in 80% of all smartphone industry profits in the fourth calendar quarter of 2011 by his estimates. Considering Apple posted the most profitable quarter in history among technology companies, this shouldn’t be terribly surprising. Apple’s dominance becomes even more apparent, however, when looking at the smartphone industry from a different angle… the value of the key players within the industry.

As of Friday’s close, the combined market capitalization of each of Apple’s key vendor rivals — Samsung, Nokia, HTC, Motorola Mobility, RIM, Sony and LG — sits at $225.36 billion. Apple is worth more than twice that figure.

While those seven companies, along with Apple, represent all of the major global players in the smartphone industry, there are a number of other companies with sizable smartphone businesses such as Huawei, ZTE, Kyocera and Sharp. Add on the combined value of those four companies and the total now sits at $259.08 billion.

Acer, Philips and Toshiba each sell smartphones as well, though mobile devices are certainly not at the center of their respective businesses. They’re still industry players, however, and their combined market value brings the total to just over $300 billion as of Friday’s close.

ASUS also makes smartphones along with the notebooks and tablets it is best known for, and Alcatel-Lucent has a few handsets on the market as well. And what about Dell? The Texas-based tech giant has slowed its mobile efforts recently, but it still has two smartphone models on the market. With these three companies accounted for, the combined total value of all smartphone vendors excluding Apple climbs to $343.17 billion as of the close of the market on Friday.

There are a handful of other companies that sell smartphones but for all intents and purposes, these 17 brands make up Apple’s competition. And when their market caps are combined, the total value of these 17 companies is still more than $100 billion short of Apple’s current value.

The “Apple is worth more than” meme has gotten plenty of play over the past year, but a new measure of Apple’s success emerged on Monday that is as simple as it is monumental: a single share of Apple stock now costs more than an iPad. As of the open of the market on Monday, Apple’s stock rose just above $499 — the entry-level price of Apple’s iPad 2 — undoubtedly on its way to $500 and beyond. The Cupertino-based firm that once teetered on the brink of bankruptcy and was saved in part by a $150 million investment from Microsoft is now worth more than Microsoft and Google combined. Read on for more.

Apple shares exploded last month after the company reported earnings for its first fiscal quarter. The firm’s $13.06 billion in profit was the most ever recorded in a single quarter by a technology company, and the second most ever recorded by any company in the United States.

Apple now has more than $100 billion in cash — the company reported that the total value of its cash and marketable securities reached $97.6 billion at the end of the first fiscal quarter — and it is about to unveil a brand new version of its popular iPad tablet, the Retina Display-equipped iPad 3. Apple is then expected to enter brand new territory for the firm when it launches the “iTV” this summer, and a completely redesigned iPhone will likely follow this fall.

No company stays on top forever, but things aren’t expected to slow down any time soon for Apple. In fact, those sky-high price targets some scoffed at last year really aren’t looking so outlandish anymore. OK, maybe a few of them still are.

Apple on Monday announced that the Fair Labor Association will be conducting audits of its suppliers, and the investigation will include Foxconn’s factories in Shenzhen and Chengdu, China. The inspections, which are being conducted at Apple’s request, are being led by FLA president Auret van Heerdenbegan. “We believe that workers everywhere have the right to a safe and fair work environment, which is why we’ve asked the FLA to independently assess the performance of our largest suppliers,” said Apple CEO Tim Cook. “The inspections now underway are unprecedented in the electronics industry, both in scale and scope, and we appreciate the FLA agreeing to take the unusual step of identifying the factories in their reports.” The FLA team will interview thousands of employees on matters such as living conditions, health, safety, compensation, working hours and communication with management. The team will also inspect manufacturing areas, dormitories and other areas of the companies’ various facilities. Apple’s suppliers have apparently offered full cooperation with the FLA, and have granted the group unrestricted access to their operations and facilities. The FLA’s findings and recommendations will be posted on the group’s website in early March. Read on for Apple’s press release.

Fair Labor Association Begins Inspections of Foxconn

CUPERTINO, California—February 13, 2012—Apple® today announced that the Fair Labor Association will conduct special voluntary audits of Apple’s final assembly suppliers, including Foxconn factories in Shenzhen and Chengdu, China, at Apple’s request. A team of labor rights experts led by FLA president Auret van Heerden began the first inspections Monday morning at the facility in Shenzhen known as Foxconn City.

“We believe that workers everywhere have the right to a safe and fair work environment, which is why we’ve asked the FLA to independently assess the performance of our largest suppliers,” said Tim Cook, Apple’s CEO. “The inspections now underway are unprecedented in the electronics industry, both in scale and scope, and we appreciate the FLA agreeing to take the unusual step of identifying the factories in their reports.”

As part of its independent assessment, the FLA will interview thousands of employees about working and living conditions including health and safety, compensation, working hours and communication with management. The FLA’s team will inspect manufacturing areas, dormitories and other facilities, and will conduct an extensive review of documents related to procedures at all stages of employment.

Apple’s suppliers have pledged full cooperation with the FLA, offering unrestricted access to their operations. The FLA’s findings and recommendations from the first assessments will be posted in early March on its website, www.fairlabor.org. Similar inspections will be conducted at Quanta and Pegatron facilities later this Spring, and when completed, the FLA’s assessment will cover facilities where more than 90 percent of Apple products are assembled.

Apple has audited every final assembly factory in its supply chain each year since 2006, including more than 40 audits of Foxconn manufacturing and final assembly facilities. Details of Apple’s supplier responsibility program, including the results of more than 500 factory audits led by Apple throughout its supply chain over the past five years, are available at www.apple.com/supplierresponsibility.

In January, Apple became the first technology company admitted to the Fair Labor Association. The FLA conducts independent monitoring and verification to ensure that the FLA’s Workplace Standards are upheld wherever FLA company products are made.

Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple has reinvented the mobile phone with its revolutionary iPhone and App Store, and is defining the future of mobile media and computing devices with iPad.

Two recently uncovered security exploits concerning Google Wallet have left users questioning just how safe the product really is. A security firm exposed a vulnerability last week that allowed hackers to bypass PIN protection, but it was only present on rooted devices. A second exploit, however, did not require a handset to be rooted, leaving all Google Wallet users exposed. By wiping stored Google Wallet data from within a device’s settings, an unauthorized user will be able to access a user’s prepaid funds without needing to know his or her Google Wallet pin. The company has acknowledged both security exploits, and it now says Google Wallet is safe and “offers advantages over the plastic cards and folded wallets in use today.” Read on for more.

Google has suggested that users who are interested in Wallet do not root their devices because the feature is not supported on rooted phones. “That’s why in most cases, rooting your phone will cause your Google Wallet data to be automatically wiped from the device,” said Osama Bedier, vice president of Google Wallet and Payments. To address the second issue, the Mountain View-based company has temporarily disabled provisioning of prepaid cards as a precautionary measure. The service will remain disabled until a permanent fix is available.

“We strongly encourage anyone who loses or wants to sell their phone to call Google Wallet support toll-free at 855-492-5538 to disable the prepaid card,” Google said in a statement. “We are currently working on an automated fix as well that will be available soon. We also advise all Wallet users to set up a screen lock as an additional layer of protection for their phone.”

Read

The previously unknown CloudMobile smartphone has received the 2012 iF design award, which recognizes an outstanding achievement in design, according to Pocket-lint. The device is the latest flagship handset to come from Taiwanese manufacturer Acer, and it is expected to be unveiled at this month’s Mobile World Congress trade show. The CloudMobile is rumored to feature a 4.3-inch high-definition display, Dolby sound and Android 4.0, and it is less than 10 millimeters thick. According to Acer, the handset is the first smartphone to offer AcerCloud technology, which “enhances mobile productivity by providing seamless document management.” The CloudMobile smartphone is currently slated to launch in the third quarter of 2012.

Read

Apple is in “crunch mode” to line up apps that will be used for on-stage demonstrations during the company’s iPad 3 launch event, which is said to be scheduled for early next month, TheNextWeb reports. The Cupertino-based company is now looking for apps that will show off the stunning quality of the iPad 3′s high-resolution Retina Display. Apple works with partners to hand-pick apps that highlight the capabilities of new devices during major announcements, and the selection process for Apple’s iPad 3 is now said to be nearing its final phase.

Read

The Motorola DROID 4 is now available from Verizon Wireless for $199.99 on contract. The sleek QWERTY slider features a 4-inch qHD display, a 1.2GHz dual-core processor, 4G LTE connectivity, 1GB of RAM and an 8-megapixel rear camera, and it is being billed as the “thinnest and most powerful 4G QWERTY smartphone.” Thanks to upcoming network enhancements, the DROID 4 will also be able to roam overseas, making it Verizon’s first 4G LTE device with global roaming capabilities. The handset is also eligible for double data, offering subscribers 4GB of data each month for $30.

Read

Google hasn’t been known as a hardware vendor in the past. That may soon change thanks to the company’s pending acquisition of Motorola, and recent reports suggest Google is already working on a self-branded home entertainment system and HUD glasses. Through a recent FCC filing, it has now been discovered that Google is also planning a “next generation personal communication device.” Details surrounding the mystery device are few and far between, although the filing does confirm both Wi-Fi and Bluetooth are on board. The company has requested to test 102 units near Google office locations throughout the United States. The Mountain View-based company is listed as the manufacturer of the devices and it is described as being “in the prototyping phase and will be modified prior to final compliance testing.”

[Via SlashGear]

Read

AT&T is increasing the fee charged when subscribers upgrade to new handsets on contract beginning this Sunday. BGR has been informed by multiple readers via email that AT&T has sent them notices regarding the increased fee, which had previously been $18. ”Because the overall costs associated with upgrading to a new device have increased, effective Sunday, February 12, 2012, AT&T will change its upgrade fee from $18 to $36,” AT&T said in a note to dealers obtained by BGR. An AT&T spokesperson did not immediately respond to a request for comment. A portion of the memo follows below.

UPDATE: AT&T has confirmed the change. “Wireless devices today are more sophisticated than ever before. And because of that, the costs associated with upgrading to a new device have increased and is reflected in our new upgrade fee,” an AT&T spokesperson told BGR via email. “This fee isn’t unique to AT&T and this is the first time we’re changing it in nearly 10 years.”

Sales of video game hardware and software in the United States plummeted last month according to new data from market research firm The NPD Group. The firm’s January figures suggest that sales of video game hardware fell 38% to $199.5 million, down from $324 million in January 2011. Video game software sales slid 38% as well in January, falling to $355.9 million, and sales of accessories in the U.S. dropped 18% year-on-year to $195.2 million. Total industry sales were down 34% to $750.6 million. “January retail performance experienced steep declines with a lack of software launches, and poor Hardware and Accessory performance partly related to bad comps from Kinect-related success in Jan’11,” NPD analyst Liam Callahan said in a statement. “Outside of new physical retail sales, we estimate that the consumer spend on other ways to acquire content including used games, full game and add-on content downloads, social network games, mobile games, rentals and subscriptions accounted for an additional $350 – $400 million in sales.” Callahan noted that Microsoft’s Xbox 360 was the best-selling console for the sixth consecutive month in January, and Call of Duty: Modern Warfare 3 was the top-selling software title. A complete list of NPD’s top-10 games for the month follows below.

Earlier this week, Apple filed a new patent lawsuit against Samsung in San Jose, California according to PaidContent. The complaint covers two patents, the first relating to spelling and autocorrect on its iOS devices, and the second concerning “universal interface for retrieval of information in a computer system.” The company revealed it is using two new patents that were granted in December by the U.S. Patents and Trademark Office. The full scope of the case is not yet clear, however, since most of the court documents have not been made public. The Cupertino-based company has been in a constant battle with Samsung and a number of other rival vendors over numerous claims of patent infringement for more than a year.

Read

Amazon is reportedly preparing to launch an updated 7-inch Kindle Fire alongside a brand new 9-inch tablet this summer. Pacific Crest analyst Chad Bartley on Thursday raised his full-year Kindle Fire shipment forecast to 14.9 million units, up from his earlier estimate of 12.7 million. “We believe there is an upward bias, particularly from the new 7- and 9-inch models, which we expect to launch in mid-2012,” Bartley wrote in a note to clients. BGR exclusively reported last May that Amazon was working on two tablet models, the 7-inch “Coyote” that ended up launching at the Kindle Fire last November, and the quad-core 10-inch “Hollywood.” A later report would suggest that Amazon tweaked its tablet roadmap, however, pushing the release of its 10-inch model back in order to first  launch a new 8.9-inch tablet. Bartley also lowered his shipment estimates on Amazon’s E Ink Kindle eReaders from 28.6 million units to 24 million units.

An Ice Cream Sandwich update for the Samsung Galaxy S II and Galaxy Note is slated for a March 1st release, according to mobile industry insider Eldar Murtazin. Murtazin posted a tweet claiming the official update would roll out next month, though availability will vary depending on country and carrier. He also said that the Android 4.0 update will be made available over the air or using Samsung’s Kies software. Samsung previously announced that an Android 4.0 upgrade would be coming to the Galaxy S II, Galaxy S II LTE, Galaxy Note, Galaxy R, Galaxy Tab 10.1, Galaxy Tab 8.9, Galaxy Tab 7.7 and Galaxy Tab 7.0 Plus.

[Via TheNextWeb]

Read

Copyright holders thought they had scored a major victory last month when one of the biggest file-sharing networks in the world was shuttered. Megaupload had been responsible for an estimated 30% to 40% of all file-sharing traffic worldwide, but a recent study suggests that the network’s closure did absolutely nothing to slow piracy related to file-sharing. To compound matters, another network that has flown under the radar for some time has now been dragged into the spotlight, and it may pose one of the biggest threats yet to copyright owners and their content. Read on for more.

“Tribler” is a peer-to-peer file-sharing client that is completely decentralized. “The only way to take it down is to take the Internet down,” the software’s creator says.

The Tribler BitTorrent client has been in development for more than five years and according to the researchers at Delft University of Technology in the Netherlands who built it, it has experienced 100% uptime since it first launched.

Unlike standard BitTorrent clients that rely on torrent sites to find and download content, Tribler is based on true peer-to-peer technology that requires no intermediate servers. Instead, the client installed on users’ computers communicates directly with other PCs on which Tribler is running.

“Our key scientific quest is facilitating unbounded information sharing,” Tribler creator Dr. Pouwelse told TorrentFreak in a recent interview. “We simply don’t like unreliable servers. With Tribler we have achieved zero-seconds downtime over the past six years, all because we don’t rely on shaky foundations such as DNS, web servers or search portals.”

Though it took an extensive investigation and coordinated efforts across multiple continents to take down Megaupload and its founder Kim Dotcom, the task was simple compared to stopping the threat posed by decentralized clients like Tribler. Joe Morganelli, founder of copyright consulting firm Morganelli Group, thinks true peer-to-peer clients like Tribler will change the way BitTorrent is used, making it infinitely more difficult for authorities and copyright owners to combat piracy.

“With no central location it will make going after individuals so much more important,” Morganelli told BGR in an interview, though he acknowledges that this approach has not been terribly effective in the past. ”The crusade against a normal individual has had very little effect since there are millions of people,” Morganelli continued. “With the central location, it makes for an easy lawsuit.”

Tribler is free to download and use, and its code is completely open source.

AT&T has began to supply its retailers with micro-SIM cards for LTE-compatible devices, according to phoneArena.com. The carrier has also requested that existing micro-SIM stock be scrapped in favor of the new modules. The site suggests that the micro-SIMs will be used for the upcoming Nokia Lumia 900 — which BGR exclusively reported will launch on March 18th for $99 — and The Verge’s Chris Ziegler also notes that the Pantech Burst utilizes micro-SIM cards. With the launch of Apple’s Pad 3 just around the corner, however, these new micro-SIM cards may find their way into LTE-enabled iPads before they make it to Nokia’s upcoming flagship smartphone. Read on for a purported screenshot from AT&T’s system.

Read