Tuesday Apple Rumors: Up to $10,000 a Day from Flashback

daily apple rumors AAPLHere are your Apple rumors and AAPL news items for Tuesday.

Flashback Malware Generated Up to $10,000 Per Day: Researchers at Symantec (NASDAQ:SYMC) say they have reverse-engineered the Flashback trojan that infected up to 600,000 Macs last month and discovered that the malware featured an ad-clicking component. In a post on the company’s blog, Symantec said that the malware targeted Google (NASDAQ:GOOG) searches and re-directed infected Mac users to specific websites, from which the malware’s creators received payments per page view. Based on the size of the malware infection, Symantec estimates that the re-directed searches could have netted the malware’s creators as much as $10,000 a day.

U.K. Regulators Looking into iPad 4G Marketing: Britain’s Advertising Standards Authority is expanding its investigation of 4G marketing claims surrounding Apple‘s (NASDAQ:AAPL) latest iPad, according to the BBC. Australian regulators announced a similar investigation last month. The newest iPad is not compatible with LTE networks outside the U.S., prompting customer complaints about 4G advertising. Apple had already deleted references to 4G capability from its U.K. marketing, the BBC said, but some Apple stores retain marketing materials that tout 4G connectivity.

Apple Mobile Phone Market Share Hits Record: Industry research firm, IDC says that iPhone sales have boosted Apple to 8.8% of global mobile phone sales in the first quarter of 2012, eclipsing 8.7% in the fourth quarter of 2011. The latest market share represents a record for Apple, MacRumors noted. Apple placed third in overall market share behind Samsung and Nokia (NYSE:NOK). IDC found that Apple ranked second behind Samsung in global smartphone sales, which now comprise 36% of worldwide mobile phone sales.

For more about the company, check out our previous Apple Rumors stories.


Article printed from InvestorPlace Media, https://investorplace.com/2012/05/tuesday-apple-rumors-up-to-10000-a-day-from-flashback/.

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