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Apple is experimenting with designs for a watch-like device that would perform some functions of a smartphone, as part of explorations of potentially large product categories beyond the smartphone and tablet.

Apple Inc on Thursday confronted its first major challenge from an activist shareholder in years as hedge fund manager David Einhorn's Greenlight Capital filed suit against the company and demanded that it dole out a bigger piece of its $137 billion cash pile to investors.

Some interesting numbers from Norwegian browser company Opera today, as their 'State of Mobile Advertising' looks at impressions and revenue in Q4 2012. Much like that great golfing analogy (driving is for show, but putting what wins you the dough), there is a distinct difference in mobile advertising income and expenditures over the two major platforms. And it points to a healthy ecosystem for developers on iOS devices.

As Apple's engineers scramble to fix the security flaws exploited by evasi0n, the latest jailbreak tool to crack the restrictions on its iPhones and iPads, the company may be more than just one move behind the community of hackers targeting its products. In fact, the jailbreakers say they have plenty more bugs in their back pockets, already waiting to jailbreak the next iPhone.

The answer to the trivia question will be: "Monkey Drums (Goskel Vancin Remix) by Chase Buch." That's the 25 billionth song purchased on iTunes....

Apple has become the leading U.S. mobile-phone vendor for the first time last quarter, securing a record 34% of market share, and knocking rival Samsung off the top spot. The Cupertino, Calif., company shipped 17.7 million phones during the fourth quarter, growing 4% annually, according to a new report by research firm Strategy Analytics. For comparison; that number jumped from 12.8 million in the fourth quarter of 2011, when Apple captured 25% of the market.

The launch of the iPhone 5 and the declining popularity of non-smartphones have made Apple the biggest seller of phones in the U.S. for the first time, research firm Strategy Analytics said Friday.

Mac computers have stopped running programs written using the Java programming language in their browsers, as Apple blocked it because of security problems.

A U.S. appeals court on Thursday rejected Apple Inc's request to revive its bid for a sales ban on Samsung's Galaxy Nexus smartphone, dashing the iPhone maker's attempt to recover crucial leverage in the global patent wars.

The slump in Apple Inc's share price from its September high has badly dented the returns of hundreds of mutual funds that had maintained outsized holdings of the stock. But some went sour on the iPhone-maker just in time.