International Business Machine (NYSE:IBM) topped the patent list for 24th successive year

Computing hardware giant International Business Machines (NYSE:IBM) efforts to compete and beat the human brain with computing technology had pushed the firm to the top of the 2016 list of patent awards.

The IBM and IFI Claims revealed on Monday that the US Patent and Trademark Office settled IBM 8,088 patents for the year, more than 2,700 of them stemming from artificial intelligence and intellectual computing work.

Next down on the list was Samsung with 5,518 patents, Canon with 3,665, Qualcomm with 2,897 and Google with 2,835.

According to reports, the USPTO approved 304,126 patents in 2016 in total, 10% more than the year before.

Meanwhile patents are an imperfect measure of competence in research, development, novelty and eventually business success.

It is not something very simple and ordinary, it surely takes a massive staff and a lot of intellectual-property lawyers to stay high on the list, so companies won’t make it up the list no matter how successful. In the meantime, many patent ideas never get materialized, or worse, emerge in a patent troll’s sketchy legal action trying to snatch licensing fees from big companies.

However, patents remain an important replication of how much a firm is spending at the moment into the upcoming technology. Another notable factor is that IBM beat the list for the 24th year in a row.

Moreover the company was granted 10% more patents in 2016 than 2015, but some others firms grew faster. No. 6 Intel augmented 34% to 2,784, while No. 14 Amazon surged 46% to 1,662, sufficient to drive it up 12 places in contrast to the 2015 list.

IPhone-maker giant Apple remained at its No. 11 rank but raised its patent haul 8% to 2,102.

Yesterday’s Upgrade: Canon Inc (ADR) (NYSE:CAJ)

Canon Inc (ADR) (NYSE:CAJ) shares were up 0.61% on Friday when approximately 225,397.00 shares were traded, against the average daily trading volume of 369,521.00. Analysts at Credit Agricole recently upgraded the stock to Underperform from Buy. Canon Inc (ADR) (NYSE:CAJ) has a consensus Underperform rating, according to Zacks Investment Research. 1 analyst has rated the stock with a sell rating, 1 has assigned a hold rating, Zero says it’s a buy, and 0 have assigned a strong buy rating to the company.

The 52-week price range is $26.60-$31.39 and the company has a market capitalization of $37.80 billion.

Canon Inc (ADR) (CAJ) on November 9, 2016 announced firmware updates for both the Canon EOS C300 and EOS C300 Mark II Digital Cinema Cameras being showcased at NAB Show New York 2016, November 9 and 10 at the Jacob K. Javits Center in New York City. These firmware updates support a number of feature updates for users including improvement of accessory support, ease of use, Dual Pixel CMOS AF (DAF) and creative flexibility.

Firmware updates are as follows:

  • The EOS C300 Mark II Digital Cinema Camera (EF-Mount) updates will allow various functions such as support for the Canon EVF-V70 OLED Electronic Viewfinder, WFT-E8 Wireless File Transmitter, Shutter Angle Priority, support for Zebra range at 65 percent or below, 2K Crop Audio Recording, Built-In Mic Audio off, and Peripheral Illumination Correction when using the new EF 24-105mm f/4L  IS II USM lens.
  • The EOS C300 Mark II Digital Cinema Camera (PL-Mount) updates will allow various functions such as support for the Canon EVF-V70 OLED Electronic Viewfinder, WFT-E8 Wireless File Transmitter, Shutter Angle Priority, support for Zebra range at 65 percent or below, 2K Crop Audio Recording, and Built-In Mic Audio off.
  • The EOS C300 Digital Cinema Camera (EF-Mount) updates will allow various functions such as support for the WFT-E8 Wireless File Transmitter, Shutter Angle Priority, Grip Zoom Function when using CINE-SERVO 17-120mm EF-mount, CINE-SERVO 50-1000mm EF-Mount and COMPACT SERVO 18-80mm lenses, Auto Iris and Push Iris when using CINE-SERVO 17-120mm EF-mount, CINE-SERVO 50-1000mm EF-Mount and COMPACT SERVO 18-80mm lenses and Peripheral Illumination Correction when using the new EF 24-105mm f/4L  IS II USM lens.
  • The EOS C300 Digital Cinema Camera DAF (EF-Mount) updates will allow various functions such as support for the WFT-E8 Wireless File Transmitter,  Shutter Angle Priority,  Dual Pixel CMOS AF (DAF) when using CINE-SERVO 17-120mm EF-Mount and COMPACT SERVO 18-80mm lenses, Grip Zoom Function when using CINE-SERVO 17-120mm EF-mount, CINE-SERVO 50-1000mm EF-Mount and COMPACT SERVO 18-80mm lenses, Auto Iris and Push Iris when using CINE-SERVO 17-120mm EF-mount, CINE-SERVO 50-1000mm EF-Mount and COMPACT SERVO 18-80mm lenses and Peripheral Illumination Correction when using the new EF 24-105mm f/4L  IS II USM lens.
  • The EOS C300 Digital Cinema Camera (PL-Mount) updates will allow various functions such as support for the WFT-E8 Wireless File Transmitter and Shutter Angle Priority.

Downgrade of the Day: Canon Inc (ADR) (NYSE:CAJ)

Canon Inc (ADR) (NYSE:CAJ) received a stock rating downgrade from CLSA on Jul-15-16. In a note to investors, the firm issued an Underperform rating. The analysts previously had a Buy rating on the stock.

Analysts have a consensus target price of $28.57 in the 12-month period. The price objective is 1.38% higher than the recent closing price of $28.18. The 52-week price range is $26.60-$32.64 and the company has a market capitalization of $38.51 billion. Analysts covering the shares maintain a consensus Hold rating, according to Zacks Investment Research. Zero analyst has rated the stock with a sell rating, 2 has assigned a hold rating, 0 says it’s a buy, and 0 have assigned a strong buy rating to the company.

Canon Inc (ADR) (CAJ) on July 14, 2016 announced its new Canon Connect Station mobile application for the Canon Connect Station CS100 device. This application makes it easy to view, transfer, upload and share cherished photos from a compatible smartphone or tablet.

The new Canon Connect Station mobile application makes it easy to connect to the Canon Connect Station CS100 device from a compatible smartphone or tablet. Users simply connect to the same wireless network and open up the Canon Connect Station mobile application to start browsing, uploading, and downloading images.  Users can also “drag and drop” images from their computer or select multiple images at a time from a compatible smartphone or tablet to the Canon Connect Station CS100 device. The application can save over 1,000 images at one time and easily identifies previously saved and stored photos, helping to eliminate duplicates stored on the Canon Connect Station CS100 device. The application also now makes it easy to save single images, or entire albums, stored on a Canon Connect CS100 device to a compatible mobile device. Additionally, users will be able to edit album names and add comments using the mobile application that can be saved to the Canon Connect Station CS100 device.

The Canon Connect Station CS100 device is a go-to-photo and video hub that provides a place for family members to share, store, manage and view unforgettable memorable moments. The Canon Connect Station CS100 device offers up to 1 TB of wirelessly accessible storage with the capacity to store approximately 150,000 photos or approximately 70 hours of video content. Photos can be transferred from a compatible smartphone or tablet to the Canon Connect Station CS100 with the new mobile application; or photos and videos can be transferred to the device by tapping an NFC-equipped Canon camera or camcorder, in addition to using the available SD/CF card slots and USB connection. Once loaded onto the Canon Connect Station CS100 device, photos and videos are automatically organized by date or shooting device, and can be quickly accessed and enjoyed. Photos and videos from the Canon Connect Station CS100 device can be played on an HDTV via an HDMI cable, or printed wirelessly to a compatible Canon wireless printer such as the PIXMA MG7720, allowing families to relive special memories together or wirelessly share photos and video with family members who may be in different locations between two Canon Connect Station CS100 devices.