SAN FRANCISCO, April 22 (Reuters) – Tony Fadell, the
designer known as the godfather of Apple Inc’s iPod, is
enlisting several of the country’s largest power utilities to
get his power-saving creation, the “Nest” thermostat, into more
U.S. households.

Nest Labs, the company he co-founded in 2010 with designers
and engineers from Silicon Valley firms like Apple and Google
Inc, is teaming up with six utilities to provide
incentives for using its thermostats. They include $100 rebates,
rewards for adopting energy-saving programs, even a free device
in some cases.

SAN FRANCISCO, April 18 (Reuters) – Apple Inc’s
shares fell below $400 on Wednesday for the first time since
December 2011 after a U.S. chip supplier’s disappointing revenue
forecast fanned fears about weakening demand for the iPhone and
iPad as competition intensifies.

The surprise warning by Cirrus Logic Inc knocked
down shares of key component suppliers like South Korea’s LG
Display Co Ltd and Japan’s Toshiba Corp on
Thursday in Asia, a region that supplies the lion’s share of
chips, cases and displays for the Cupertino, California-based
company.

SAN FRANCISCO (Reuters) – Apple Inc’s (AAPL.O: Quote, Profile, Research) shares fell below $400 on Wednesday for the first time since December 2011 after a chip supplier’s disappointing revenue forecast fanned fears about weakening demand for the iPhone and iPad as competition intensifies.

The stock dropped below $400 briefly before bouncing back to end 5.5 percent lower at $402.80, losing more than $22 billion of market value in a single day.

SAN FRANCISCO (Reuters) – Apple Inc’s shares fell on Wednesday below $400 for the first time since December 2011, after key supplier Cirrus Logic’s disappointing revenue forecast fanned fears that weakening demand for the iPhone and iPad are pressuring margins more than anticipated.

Apple, which fell through $400 briefly before bouncing back to stand 5.5 percent lower at about $403, has lost more than 40 percent of its market value since a September 2012 peak, battered by worries about intensifying competition and its effect on the company’s industry-leading margins.

SAN FRANCISCO, April 16 (Reuters) – Computers controlled by
a swipe of the hand – a staple of science fiction flicks like
“Minority Report” – could soon hit the mass market as the result
of a new deal between Hewlett-Packard Co and a San
Francisco startup called Leap Motion.

As the world’s largest PC maker, HP’s move to embrace
motion-sensing technology could potentially change how people
interface with computers in the same way that Apple Inc
made touch-screen technology mainstream with the 2007 launch of
the iPhone – or when Apple first introduced the mouse to
consumers in 1983.