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The invitations are out, the spyshots are real, sub $1000 MacBooks, and no mac tablet
AppleInsider is all over the latest news regarding the upcoming media event and new MacBooks. After much speculation, the event is finally official. Apple is set to announce a new fleet of MacBooks and MacBook Pro’s, along with a rumored innovation in manufacturing. Also, the spyshots which have been making the rounds on the Internet […]
Continue reading...Apple margins for current quarter to be better than anticipated
8. October 2008
Despite Apple’s assertion that its margins would take a hit this quarter, analysts are predicting that they won’t be as low as previously anticipated. ArsTechnica has the scoop here.
Continue reading...Apple leads the pack in terms of teenage mindshare
8. October 2008
When it comes to what kind of electronics teenagers own, and what they’re planning to purchase, Apple is head and shoulders above the competition. AppleInsider has the scoop here.
Continue reading...UBS cuts Apple estimates and price target
6. October 2008
UBS cut its price target on Apple to 125, down from a previous target of 195. The reason for the lowered price target and lowered earnings estimates is obviously the current economic downturn we’re all in. In spite of this, Apple seems well positioned to weather the storm a lot better than most other consumer […]
Continue reading...Has Apple already sold 10M iPhones?
6. October 2008
When Steve Jobs first unveiled the iPhone, he mentioned that he hoped to sell 10 million of them in 2008. Since then, reporting the number of iPhones actually sold has become somewhat of a guessing game for Apple enthusiasts, journalists and analysts. So is it possible that forum members over at The Mac Observer have […]
Continue reading...MacBook Price Drops?
5. October 2008
In conjunction with the rumor that the much ballyhooed brick is a new and innovative manufacturing process are the rumors that there will be a significant price cut in subsequent MacBooks and MacBook pros. This seems to make sense in light of of Peter Oppenheimer’s claim last July that Apple will soon be issuing state […]
Continue reading...Apple denies report of Steve Jobs heart attack as stock plummets 10 points
3. October 2008
A story on CNN’s iReport website claimed that Apple CEO was rushed to the hospital following a massive heart attack. As news of the story broke, Apple’s shares plumeted 10 points. The stock returned to normal levels once Apple categorically denied the story. CNN’s iReport is a forum for ordinary citizens to report the news, […]
Continue reading...Apple threatens to shut down iTunes
2. October 2008
Apple has said that it won’t run the iTunes store at a financial loss, but if a ruling today by The Copyright Royalty Board in Washtington, D.C increases the royalty rates paid to artists on downloaded songs, then that might be the situation Apple finds itself in. CNN has the scoop here.
Continue reading...Apple Stock ROCKED
29. September 2008
Apple’s stock price took an un-precedented tumble this afternoon after a number of investment firms downgraded the stock due to gloomy economic conditions. The stock, which hit an intraday low of $100, was downgraded by Morgan Stanely and RBC Capital. Morgan Stanley analyst Kathryn Huberty lowered her price target of Apple to $115, citing weakening […]
Continue reading...Analyzing the latest Apple lawsuit
24. September 2008
Apple is the target of yet another lawsuit seeking class-action status and damages for iPhone cracks and slow 3G browsing speeds. The lawsuit is available for review online, and after reading through it, I was surprised to find that the basis for many of its arguments rely upon blogs, anonymous message boards, and what can […]
Continue reading...Apple Stock gets undeserved thrashing
23. September 2008
Apple is currently trading at $128, leaving many who watch the stock scratching their heads in disbelief. Despite the economic downturn, Apple sales have remained surprisingly robust, and with the price of Apple so low, analysts are chiming in that this is a great opportunity to invest. David Zeiler of the Baltimore Sun has an […]
Continue reading...Why Apple Stores are so successful
23. September 2008
Macworld has an interesting article explaining why Apple’s foray into the retail business has been so successful. Notably, the article mentions that there is no record of any Apple Store closing due to lackluster sales.
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9. October 2008
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