Archive | January 23rd, 2009
“The Day Steve Jobs Showed Me the First Mac”
Michael J. Miller has an interesting piece over at PC Mag describing the first time he laid eyes upon a Macintosh Computer. In the fall of 1983, I was working on the west coast for Popular Computing , and my editor asked me to go down to Cupertino to see the work Apple was doing […]
Continue reading...Apple settles ‘scratched iPod Nano’ class action suit for $22.5 million
23. January 2009
Apple today agreed to a $22.5 million settlement in a class-action suit alleging that the first generation iPod Nano contained a manufacturing or design defect which caused the display to scratch up too easily. The suit alleges that Apple was aware of the defect but purposefully misled consumers by not disclosing this to potential purchasers. […]
Continue reading...Quote of the Day: Apple vs. Dell
23. January 2009
Yesterday I read an article that asked why would anyone buy an Apple when you can get a cheaper Dell? As a user of both, I laughed to myself as I tried to figure out how much more valuable my Mac was. The Mac runs both Windows and Leopard, peripheral devices work immediately upon connection, […]
Continue reading...Bullish Apple analyst Gene Munster lowers earnings estimates and price target on Apple
23. January 2009
Gene Munster, a bullish analyst on Apple from Piper Jaffray, lowered his 2010 EPS estimate for Apple down to $5.46, from a previous estimate of $7.73. He also lowered his admittedly astronomically high price target of $235 down to $180. While that’s a significant drop, keep in mind that $180 is still more than twice […]
Continue reading...iWork ’09 pirates get an unpleasant surprise
23. January 2009
Users who recently decided to pirate a copy of iWork ’09 might end up paying the price after all. A security alert was recently issued for Mac users who installed pirated versions of iWork, noting that the pirated version of Apple’s competitor to Microsoft Word contains a dangerous trojan horse. Reports indicate that over 20,000 […]
Continue reading...Analyst still down on Apple, and why the iPod market might not be saturated
23. January 2009
Apple announced stellar earnings this week, but one analyst remained unimpressed. Last week, RBC analyst Mike Abramsky downgraded Apple to an “Underperform” rating and lowered his price target for the stock down to $70. Surprisingly, though, Abramsky’s view of Apple didn’t change much, if at all, following Apple’s earnings conference call earlier this week. Abramsky […]
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23. January 2009
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