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Apple beats earnings estimates, sells 2.6 million Macs, gives range of guidance
Apple Earnings Highlights Apple reached its goal of selling 10 million iPhones in 2008 Apple sold more iPhones this quarter than RIM did Blackberry’s Apple sold more Macs this quarter (2.6 million) than they did in any other previous quarter Apple set a record for most iPods sold in a non-holiday quarter Apple will sell […]
Continue reading...Apple Q4 Earnings – What you need to know
21. October 2008
As Apple gets set to release its earnings later today, the stock is already down as weak earnings within the sector have dragged down tech stocks as a whole. As usual, even if Apple destroys all earnings estimates, the stock will most likely tank if its guidance isn’t up to par with Wall Street’s somewhat […]
Continue reading...The Psystar Myth – Not as cheap as advertised
19. October 2008
Earlier today, I came across an ad for Psystar which was advertising a 2GHZ computer running OS X with 2GB of Ram for only $554. Psystar likes to market itself as a cheaper alternative to Apple, but a closer look reveals that a Pystar computer running OS X isn’t as cheap as Psystar would lead […]
Continue reading...Why Apple won’t release a NetBook
19. October 2008
John Gruber over at The Daring Fireball has a very interesting and informative piece detailing why Apple won’t release a netbook. Apple focuses on things like build quality, user experience, and making products better than previous versions. Put simply, a stripped down laptop isn’t in Apple’s DNA. From the article: ” Higher performance and improved […]
Continue reading...Apple set to report Q4 Earnings October 21
19. October 2008
Apple will announce its Q4 earnings this Tuesday, and like usual, even if Apple blows past all estimates, the stock will likely tank if its guidance for the next quarter isn’t up to par with what analysts are expecting. AppleInsider is reporting that one of the key pieces of information analysts will be paying attention […]
Continue reading...Apple and Pystar enter Alternative Dispute Resolution
16. October 2008
Apple and Pystar, who have sued and countersued each other, have both agreed to forgo litigation and instead enter into alternative dispute resolution (ADR). They will most likely settle their dispute via arbitration or mediation. MacObserver has the scoop here.
Continue reading...J.P. Morgan ups Apple Estimates, bumps stock up to Outperform
15. October 2008
J.P. Morgan, this morning, upped its estimates on Apple, and bumped up the stock from a neutral rating to outperform. In the research note, J.P. Morgan noted that Apple’s product lineup is as diverse as ever, and that the staying power of some of its products has been underestimated. This makes sense when you consider […]
Continue reading...Apple computer shipments grow at 6 times the rate of other manufacturers
14. October 2008
AppleInsider has the scoop here, and you can read the original Gartner report here.
Continue reading...Analysts: $999 MacBook most significant announcement
14. October 2008
From MacNN: “The announcement of a $999 plastic MacBook may be more significant than the revelation of metal MacBooks and MacBook Pros, say analysts with UBS and Piper Jaffray. The former firm notes that while the metal notebooks are more attractive, and boast features such as glass trackpads and better graphics hardware, the $999 system […]
Continue reading...Rumor – Microsoft planning on buying Rim?
13. October 2008
With Rim’s stock price taking a beating in recent weeks, some are speculating that Microsoft might be interested in purchasing the company. The purchase, theoretically, would thrust Microsoft back into relevance in the smart phone market as their mobile OS market share continues to dwindle. For Microsoft’s sake, I hope this rumor isn’t true. Successful […]
Continue reading...Rumor – iPhone coming to Walmart in November?
12. October 2008
Move over Best Buy, you have some competition. According to the Boygeniusreport, Walmart will begin selling the iPhone this November, just in time for the busiest shopping season of the year. From Macblogz: “Making consumers lust after a device is the first step, however making the device available to them can be a greater challenge. […]
Continue reading...Another analyst downgrades Apple Stock
10. October 2008
With the economy flailing, Apple’s struggling stock can’t catch a break. Already at 52 week low levels, the stock was downgraded by Oppenheimer to $145 from $213. A jump from its current price of $88 to $145 is still over a 50% increase, and getting into the stock now at this basement level seems to […]
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21. October 2008
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