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Apple Inc has started testing a new iPhone and the next version of its iOS software, news website The Next Web reported. The company's shares rose as much as 4.3 percent but eased a little to trade up 3 percent at $546.11 by mid-day on the Nasdaq. Application developers have found in their app usage logs references to a new iPhone identifier, iPhone 6.1, running iOS 7 operating system, the website reported. Apple's iPhone 5 bears the identifiers "iPhone 5.1" and "iPhone 5.2" and is powered by the iOS 6 operating system. Developer logs show that the app requests originate from an internet address on Apple's Cupertino campus, suggesting that Apple engineers are testing compatibility for some of the popular apps, the website said. "Although OS and device data can be faked, the unique IP footprint leading back to Apple's Cupertino campus leads us to believe this is not one of those attempts," the website said. Raymond James analyst

Samsung Electronics' tablet computer, the Galaxy Tab, will be available to consumers in Australia in the coming days, after the South Korean electronics giant scored a victory against Apple in a legal battle that had blocked the product from going on sale. Samsung welcomed the court's decision and said the Galaxy Tab 10.1 will be ready for sale in Australia in time for the Christmas shopping season. The Australian High Court denied Apple's appeal to an earlier court ruling that overturned an injunction placed on Samsung's Galaxy Tab 10.1 citing violation of its patent.  The recent ruling is expected to give Samsung a stronger footing in a legal battle it is involved in with Apple in several countries across the world, including the United States.  "The Full Court of Australia decision on November 30 clearly affirmed our view that Apple's claims lack merit and that an injunction should not have been imposed on the Galaxy Tab 10.1," Samsun