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Apple Stock's Grip Slips
June 26, 2013
Apple's stock dipped below $400 this week -- the second time it has fallen so far since it peaked at $700 last fall. Investors have voiced concerns that the company has lost its innovative edge and that demand for the iPhone is waning. Apple execs addressed those rumblings head on at the Worldwide Developers Conference held earlier this month, where they unveiled a number of refreshed products.
Behind the WWDC Glitter
June 14, 2013
Going into WWDC I think Apple enthusiasts were so pent up for some Apple awesomeness -- myself included -- that we let the soft and low-voiced cooing of design knight Jony Ive lull us into a receptive state more akin to the wooing of a potential partner than a critical study of design principles. It's not like we had beer goggles on going into the iOS 7 portion of the WWDC keynote, but. . .
WWDC 2013: All About Managing Expectations
June 12, 2013
There was no shortage of news coming out of Apple's annual Worldwide Developers Conference this week, including a glimpse at the next generation of iOS. On the hardware front, meanwhile, the company revealed it will launch a new desktop computer and a refreshed MacBook Air line. Then, of course, there was its new streaming radio application.
China Jumps the Gun on Cybersecurity Talks
June 6, 2013
This coming weekend's cybersecurity talks may have already started. China's state-run newspaper ran an article claiming that the government has "mountains of data" proving it has been the victim cyberespionage at the hands of the United States. The report precedes the upcoming landmark meeting between Chinese president Xi Jinping and President Obama; cybersecurity is expected to be a key talking point.
Apple Battles E-Book Charges
June 5, 2013
Apple's trial for alleged e-book price-fixing is under way, and the tech giant has said it is not going down without a fight. The suit, brought by the U.S. Department of Justice about a year ago, claims that Apple and five other major publishers engaged in a conspiracy to fix e-book pricing. The alleged conspiracy began in 2009, when Amazon released its Kindle.
US, China to Hold Regular Cybersecurity Chats
June 3, 2013
Increasingly testy rhetoric and increasingly legitimate concerns have prompted the United States and China to announce that they will hold regular high-level talks on standards of cyberbehavior. The announcement precedes a meeting between President Obama and Chinese president Xi Jinping scheduled for Friday.
Apple to Give Pegatron a Slice of Its China Pie
May 31, 2013
Foxconn, a supplier that has occasionally embarrassed Apple, will no longer be the exclusive maker of the iPhone and iPad. More work reportedly will be funneled to another Chinese electronics firm, Pegatron. The shift of product to Pegatron began in 2011, when some iPhone business was awarded the company. Last year, Apple chose Pegatron to fill its retail channel with iPad minis.
Tim Cook's Lips Zipped on Apple's Next Big Thing
May 29, 2013
CEO Tim Cook took the stage for an interview at D11, reiterating his faith in Apple's direction without divulging any secrets or bold plans. Cook fielded questions about whether Apple has lost its touch recently, as it has been faced with a plunging stock price, increased competition from rivals, persistent patent and antitrust battles, and an investigation into its corporate tax policies.
Apple Stews in EU Pressure Cooker
May 29, 2013
The European Union reportedly is launching an antitrust investigation into Apple's iPhone sales tactics. Company CEO Tim Cook may have made it through last week's congressional hearings on the company's corporate tax policies relatively unscathed, but that doesn't mean the regulatory pressure is off for the tech giant. The EC last week sent several telecom operators a nine-page questionnaire.
European Commission Probes Apple's Tactics
May 28, 2013
The European Commission is taking a closer look at whether Apple is engaging in unfair sales practices. The EC, which is the executive branch of the European Union, sent a questionnaire last week to several European mobile network operators probing Apple's distribution terms -- specifically, whether those terms preclude rivals from offering a better sales deal.
Senators Piling on Apple's Taxes Are Missing the Point
May 23, 2013
So is Apple a tax-dodging evil company with a dark heart? No. The answer is no. However, Apple is certainly a corporation, and all corporations are driven first and foremost by profit -- no matter what the company says about the joy of making great products. Astoundingly passionate and driven individuals, who sometimes run corporations, might be driven by the joy of creation.
Amid Threats From Anonymous, Guantanamo WiFi Shut Down
May 22, 2013
Despite cries from the Left, the Guantanamo Bay detention camp is still up and running. The same, however, can't be said for Guantanamo's WiFi. The U.S. military turned off wireless Internet service at the Guantanamo Bay Naval Base amid threats from the hacker collective Anonymous. Officials have also nixed access to social networks such as Facebook and Twitter, a spokesperson for the prison said.
Cook Plays Defense Against Senators Over Apple's Taxes
May 22, 2013
Apple CEO Tim Cook defended his company's tax policies in Congress Tuesday, after the Senate released a report that condemned it for tax policies that used global subsidiaries to avoid paying billions in U.S. taxes. Apple dodged taxes on as much as $44 billion in foreign income from 2009 to 2012, the report alleges.
Congressional Investigation Scopes Apple's Web of Tax Havens
May 21, 2013
A series of subsidiaries spanning numerous countries have helped Apple avoid billions in United States taxes, congressional investigators reported Monday. Sen. Carl Levin, D-Mich., head of the Senate Permanent Subcommittee on Investigations, which is looking into Apple's suspected transgressions, said that Apple "sought the holy grail of tax avoidance."
China Bashes Apple for Tax Evasion
May 13, 2013
China has been having a good go at Apple lately, having slammed the company in March for substandard post-sale service and quickly following that up with charges of copyright infringement. The latest accusation: tax evasion. Oh, and pornography. Apple's online stores in China reportedly are not paying proper import taxes for software sold to Chinese customers.
India to Get a Smartphone for the Blind
April 25, 2013
A company in India has developed a smartphone for the blind. The device will be equipped to read text messages and emails, and it will then convert the text to Braille. It will utilize shape memory alloy technology, which exploits a metal's ability to "remember" its original shape. The phone's screen is not a screen so much as a grid of pins that move up and down to form Braille characters.
Cook Replacement Rumors Smolder
April 22, 2013
Steve Jobs left big shoes to fill, and rumors circulated this week that Apple CEO Tim Cook may not be living up to expectations. This comes as Apple's stock closed at a 52-week low last Friday. Adding to the company's misery, Apple reportedly has earned the nickname "Poison Apple" with some Asian suppliers who are finding its high standards and low price expectations somewhat hard to meet.
Icelandic App Aims to Prevent Accidental Incest
April 18, 2013
Before knocking boots, knock phones. Three software engineers at the University of Iceland have designed an app to alert people if a casual encounter might in fact be casual incest. By bumping their mobile devices together, the app lets users -- and potential partners -- instantly compare their lineage, showing the nearest common ancestors. If a close relative is detected, users are alerted via an alarm and text warning.
Apple Falls From Investors' Grace
April 18, 2013
Apple's stock took another hit on Thursday, sinking to a dismal $392.25 by the closing bell. Fears have been mounting about Apple's place in the world, and they were heightened earlier this week by a report from a key supplier, Cirrus Logic, which posted a disappointing revenue forecast. On Wednesday, Apple's shares dipped below $400 per unit for the first time in more than a year.
Can Apple's 'Genius' Sprout Far From the Tree?
April 17, 2013
Messianic tendencies are seldom healthy, but they can be doubly destructive in business, where a misstep, missed trend or messy product launch can turn last year's wunderkind into this year's washout. So it's interesting to consider why Silicon Valley -- along with much of the rest of IT -- is so fixated on "rock star" executives. If you think an industry that prides itself on innovation would be immune to self-indulgent behavioral clichés, you'd be wrong.
Cook's Apology Part of China Brand Rehab
April 2, 2013
Apple CEO Tim Cook issued a public apology to customers in China this week following nationwide criticism over the way the company handles warranty and return policies in the country. For the past two weeks, several media outlets in China have run stories claiming that Apple's customer service policies, particularly in regards to the iPhone, leave much to be desired.
Apple Apologizes to Chinese Customers Following Media Beatdown
April 2, 2013
Apple CEO Tim Cook apologized Monday to Chinese customers over the company's warranty policy, adding that he would improve customer service in China, which is now Apple's second-biggest market. The apology may be linked to a mid-March television special that aired on "Consumer Rights Day," claiming Apple's Chinese customers were treated worse than their Western counterparts.
Beyond the Grave, Onto the Smartphone
March 25, 2013
A cemetery in Shenyang, the capital of China's Liaoning Province, will become, for lack of a better term, interactive. With mobile devices, people will be able to scan a quick response code on graves of people whose relatives have requested the feature. Scanning this code will allow visitors to learn about the person's life; they can also access a Web page where relatives and friends can upload photos or video.
E-Book Trial Requires Tim Cook's Presence on the Stand
March 14, 2013
Apple CEO Tim Cook has been ordered to testify in the antitrust case that accuses his company of e-book price fixing. Apple has tried to keep Cook from having to appear, claiming it was unnecessary considering 11 other top company executives have given depositions in the case.
Canonical: The Next Apple
March 14, 2013
Given all the legends surrounding Apple's widely mourned Steve Jobs, it's not entirely surprising that comparisons should be made any time another tech leader begins to resemble him in any way. Case in point: Mark Shuttleworth. The billionaire Canonical founder has actually been compared to Jobs on numerous occasions before, but lately the discussion was renewed afresh by a recent post on Linux Advocates.
Supply Chain Snags Weigh Down Apple's Stock
March 13, 2013
Jefferies on Tuesday became the latest Wall Street firm to downgrade its Apple price target as it blamed a delay with an iPhone product launch and slower smartphone sales. Analyst Peter Misek trimmed his target price from $500 to $420. Several other analysts also have downgraded the stock since it fell from its $705 peak last September.
Cook Cheers Investors While Saying Very Little
February 28, 2013
CEO Tim Cook presided over Apple's annual shareholder meeting on Wednesday, where he fielded questions about a lawsuit filed by activist investor David Einhorn. In his complaint, Einhorn demanded that Apple unbundle scheduled votes that he claimed would require shareholders to consider separate matters in one ballot. Cook called the lawsuit "silly," but the judge ruled in favor of Einhorn.
Einhorn Wins a Legal Skirmish but Still Could Lose the War
February 25, 2013
A U.S. federal judge ruled in favor of hedge fund manager David Einhorn Friday, forcing Apple to remove a bundled proposal that was supposed to be voted on at this week's annual shareholder meeting. Einhorn began pushing back against the company's proposed charter earlier this month when he filed a lawsuit claiming that Apple's bundled votes would ask shareholders to consider separate matters in one ballot.
Foxconn Hiring Freeze Ignites Rumors of Chilled iPhone Demand
February 22, 2013
Foxconn, the Chinese technology manufacturer for many popular devices including the iPhone 5, said this week it was cutting back on hiring. However, the company met attempts to tie that action to reports of cutbacks in demand for Apple products with a resounding "no." Due to an unprecedented rate of return for employees following the Chinese New Year holiday, Foxconn said it was also slowing down its recruitment process.
Einhorn to Apple: Time to Pay the Piper
February 22, 2013
Hedge fund manager and rogue Apple investor David Einhorn hosted a conference call for shareholders Thursday as he continued his campaign to steer more cash from the company's balance sheet toward investors. Einhorn, a manager at Greenlight Capital, used the call as part of his broader strategy to pressure Apple to issue a stockholder dividend rather than let the company's $137 billion lay idle.
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salesforce commerce cloud
Would you move to a tech hub like San Francisco or Seattle if you were offered a high-paying, career-building job?
Absolutely. I already live in a tech center and I enjoy being where the action is.
No. I live in (or have lived in) a tech-forward city, and I'd rather live elsewhere.
I'd be tempted, but I'm worried about the cost of living.
I doubt it, as I don't like the reputation for decadence in those cities.
I would if I didn't have so many ties where I currently live.
Why bother? With telecommuting you can live and work anywhere.
salesforce commerce cloud
salesforce commerce cloud