Morgan Stanley analyst Kathryn Huberty cut her target for Apple's stock down to $95, five dollars less than her previous target of $100. She also lowered expected 2009 iPhone sales to 14 million, down from an original projection of 19 million. First of all, let me go off on a quick tangent here and briefly say, that most analysts are, to be blunt, clueless. Take the recent brouhaha about a $99 iPhone at Walmart for example. One day an analyst says that a $99 iPhone is inevitable. The next day another analyst says that Apple has to release a cheaper iPhone in order to boost sales. Then word gets out that a $99 iPhone isn't happening, and other analysts jump in with the benefit of hindsight and boldly declare that a $99 iPhone was never feasible in the first place. First of all, let me go off on a quick tangent here and briefly say, that most analysts are, to be blunt, clueless. Take the recent brouhaha about a $99
Continue reading...11. December 2008
MacRumors is reporting that the latest build of Firefox 3.1 contains multi-touch support for the MacBook Air and the latest MacBook’s and MacBook Pro’s. While Safari already supports some basic gestures, multi-touch has yet to be a part of any official Firefox release, though that will likely change when Firefox 3.1 is released. Supported gestures […]
Continue reading...10. December 2008
There’s been a lot of talk lately about whether or not 99 cent apps are ruining the app store, but more than the price, it’s the abundance of crapware that can often make browsing the app store a somewhat jumbled experience. While there are certainly an impressive number of great iPhone applications that do amazing […]
Continue reading...10. December 2008
Craig Hockenberry, a developer over at the IconFactory, wrote an open letter to Apple CEO Steve Jobs explaining how the proliferation of cheap 99 cent applications (ringtone apps) are making it harder for developers to embark on cutting edge, and more costly, iPhone app development. We have a lot of great ideas for iPhone applications. […]
Continue reading...10. December 2008
CNET reports: Apple is an Internet retailer and Netflix is a Web video rental service, but Hollywood treats them as if they are potential competitors to TV broadcasters. In the past two weeks, customers of iTunes and Netflix’s streaming digital-movie service have noticed that a growing number of titles are disappearing from the sites or […]
Continue reading...9. December 2008
A few weeks ago, Apple clone-maker Psystar had its initial anti-trust counterclaims against Apple dismissed. As part of the counterclaim, Psystar crafted the somewhat specious and illogical argument that Apple maintains a monopoly in the OS X market. The judge, not surprisingly, wasn’t persuaded and tossed out those claims. Well, Psystar is apparently the animal […]
Continue reading...9. December 2008
In order to get the iPhone 3G into Egypt, Apple had to kill one of its newest features: GPS. Apparently, the Egyptian government was afraid that iPhone users would be able to use their iPhone to pinpoint sensitive locations such as government buildings and military bases. I’m not sure if this makes much sense because […]
Continue reading...8. December 2008
Holy Schnikes Batman! Could it be true? Is iTunes finally going DRM free? Well, according to a report from AppleInsider, the answer is “probably yes”. A report from last week brought to AppleInsider‘s attention by French technology site ElectronLibre asserts that it’s now “clear” Apple will spark new interest in its music store by removing […]
Continue reading...8. December 2008
After a lot hype, it now seems that the iPhone is, in fact, coming to Walmart around December 28. While customers won’t be able to pick one up for 99 bucks, Apple’s presence in Walmart will be a huge move for Apple in increasing its distribution. But some are claiming that an Apple/Walmart mix might […]
Continue reading...8. December 2008
Getting your song featured on an Apple commercial is a great way for a musician to create band awareness and generate a lot of sales. Feist saw a huge bump in sales when her song “1234” was featured in an iPod Nano commercial, and Yael Naim came out of nowhere when her song “New Soul” […]
Continue reading...8. December 2008
iPhone’s spellcheck is definitely up on its slang. Talk about attention to detail.
Continue reading...8. December 2008
First there’s a $99 iPhone at Walmart. Then there isn’t. Then there is. Rinse and repeat! Well, it seems that we’re finally getting a little bit of clarity on this ever changing rumor. Reports, verified by financial juggernaut Bloomberg, indicate that the iPhone will indeed be coming to Walmart, but not at the low low […]
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11. December 2008
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