Apple is the most valuable technology company in the world (as of 2012), due to its array of desktop, laptop, and mobile products.
Its 2007 introduction of the iPhone sparked a global boom in smartphones; its 2010 introduction of the iPad led to a revolution in the once-stagnant tablet space. Its iPhone design defined smartphone style, and its vigorous defense of its design patents has led to such judgments as a $1 billion verdict against Samsung for patent violation in 2012. Apple entered the 7-inch tablet market in late 2012 with the iPad mini.
Most major national and many local, regional, and subject-based news organizations have developed iPhone and/or iPad apps for use on Apple’s iOS devices, more than 160 million of which have been sold. The Apple demographic — disproportionately young, tech-savvy, well-off, and willing to pay for digital content — has been very appealing to traditional news organizations.
Outside of iOS native apps, the success of Apple’s devices — and the mobile boom they sparked — have hugely increased the use of news organizations’ mobile websites. iOS has fostered a new ecosystem of news companies and outlets that exist primarily or entirely within apps. The most prominent of these so far has been News Corp.’s iPad-only newspaper, The Daily.
Apple has also emerged as a major player in the ebook market, through iBooks. Apple was sued along with five major book publishers by the U.S. government in 2012 for antitrust violations, based on allegations of collusion and price fixing over their “agency pricing” model that allows publishers to set their own retail prices for ebooks. A federal judge ruled in 2013 that Apple was guilty of collusion, though the company planned to appeal. Apple was also criticized in early 2011 for rejecting a Sony Reader ebook app, raising questions about the access Apple allows for other platforms.