Tuesday - January 6, 2009
Unless Apple is planning on unveiling an iCar, an iHome or an iBrain at Tuesday's Macworld Expo in San Francisco, the media focus will remain squarely on Steve Jobs; his absence, his health, his successors. That's as it should be, even with the "Dear Apple Community" letter from Jobs that the company released Monday, and an accompanying statement of support from Apple's board of directors. Still, I feel sorry for anyone who's wearing a press badge in the Moscone Center audience.
[More...]
Monday - January 5, 2009
After several months of macabre speculation in the tech industry and on Wall Street, Apple CEO Steve Jobs has set the record straight. Yes, the cancer survivor has been losing weight. The reason is a hormone imbalance for which he is now receiving treatment. Jobs made the announcement via a letter that was posted to the Apple Web site.
[More...]
Friday - December 26, 2008
Who can replace Steve Jobs? When Apple needed a substitute after its iconic CEO backed out of delivering his annual keynote at the upcoming Macworld conference, it tapped Phil Schiller, its senior vice president of worldwide marketing. The announcement last week that Schiller will fill in for Jobs at next month's event begs a larger question: Who might step into Jobs' shoes when he eventually departs Apple?
[More...]
Wednesday - December 17, 2008
Where were you in January 2007 when you first learned that Apple was going to release an iPhone? I remember very well where I was: sitting glumly at my desk looking through the window at the snow on the ground and wishing I was at the Macworld Expo in San Francisco. A fellow tech journalist called from the floor of the rival expo CES -- he too wished he had gone to Macworld.
[More...]
Tuesday - December 16, 2008
Apple is having a rough week. On Sunday, Goldman Sachs downgraded its stock to "neutral" from "buy," citing a poor selling environment. In fact, Apple's desktop sales dropped 38 percent in November, according to research firm NPD Group. Non-Apple desktop sales dropped just 15 percent, it said.
[More...]
Monday - December 15, 2008
Goldman Sachs analysts have downgraded Apple to "neutral" from "buy," citing concerns about a consumer slowdown in spending and overall recessionary forces. The report, released Sunday evening, sent Apple stock down by almost 4 percent by Monday mid-morning. The downgrade appears to be largely a pre-emptive move.
[More...]
Thursday - December 4, 2008
Chris Wysopal is the head of a four-iPod family. His wife and two kids all carry the pint-size nano music player from Apple, while he uses a 2003-vintage device he got as a hand-me-down from his wife. But as much they love their iPods, the Wysopal family has no plans to buy any new ones in the foreseeable future.
[More...]
Tuesday - November 18, 2008
Observers who follow Apple are worried that Apple's customers will dry up in an economic downturn. On the the other hand, Apple, once again, has a unique opportunity to use its cash to develop products and services that will take control of the market while other companies cut back their R&D and essentially sleepwalk through the downturn.
[More...]
Wednesday - November 12, 2008
While other consumer electronics makers are headed for a rough holiday season, two standouts in the industry are expected to rise above the rest -- Apple and Dell. A survey by ChangeWave concluded that the U.S. is on the brink of experiencing a "massive breakdown in consumer spending" just in time for the holiday season.
[More...]
Tuesday - October 28, 2008
Amid the roiling waters of the stock market and economy, which have tossed tech investors around for weeks, Apple Chief Executive Steve Jobs made a special guest appearance on Apple's fourth-quarter earnings call Oct. 21 to try to calm things down. Profits soared on knockout iPhone numbers and strong Mac and iPod sales. But Jobs wanted to make a point broader than any one quarter's results.
[More...]
Thursday - October 23, 2008
Steve Jobs may not be sure how much the economic slump will hurt Apple, but he's clear on this: It won't be as bad as pessimists predict. And for the first time in eight years, he got on an analyst conference call to discuss quarterly results to make sure the point wasn't lost on anyone.
[More...]
See More Articles in AAPL Financial Section >>