Archive | January, 2009

Quote of the Day: Apple vs. Dell

23. January 2009

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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, […]

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Bullish Apple analyst Gene Munster lowers earnings estimates and price target on Apple

23. January 2009

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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 […]

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iWork ’09 pirates get an unpleasant surprise

23. January 2009

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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 […]

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Analyst still down on Apple, and why the iPod market might not be saturated

23. January 2009

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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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Putting Apple’s quarter in perspective

22. January 2009

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Yesterday, Apple reported record revenues and profits, an impressive feat by itself, but even more so in today’s tough economic climate.  It’s even more impressive when you take a look at how some of the other big name companies fared this past quarter. Sony is expecting a loss of $3 Billion for the year Microsoft […]

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Is Apple going to sue Palm?

22. January 2009

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At yesterdays earnings conference call, Tim Cook made some revealing statements that some are interpreting as thinly veiled threats against Palm.  In response to a question about iPhone competitors, Cook noted that Apple welcomes competition in the smartphone market, but that it won’t sit idly by and have its intellectual property ripped off. We like […]

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Photo – Jonathan Ive inside Apple’s design facility

22. January 2009

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This snapshot was taken while filming a documentary about Industrial Design. Check out the trailer below: Check out the film’s website over here.

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Microsoft lays off 5,000 workers

22. January 2009

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Bloomberg is reporting that Microsoft will be laying off as many as 5,000 employees in effort to save money in this tough economic climate.  Notably, this is the first time that Microsoft has resorted to company wide firings. The reductions, about 5 percent of the workforce, will take place in almost all areas and help […]

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What Apple means to Steve Jobs – Rare video from 1997

21. January 2009

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Check out this video clip of Steve Jobs talking to Apple employees in 1997, shortly after he returned to the company he co-founded in 1976.

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Apple obliterates estimates, sells 22.7 million iPods, reports record revenue

21. January 2009

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Apple today released its earnings for its last fiscal quarter, and investors have a lot to cheer about.  Apple completely surpassed Wall St. expectations and reported record revenue of $10.17 billion and earnings per share of $1.78.  Net profits for the quarter came in at $1.61 billion, another record for Apple.  The general consensus among analysts was that […]

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Windows 7 taskbar has some advantages over the OS X Dock

21. January 2009

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Gizmodo has an interesting analysisof the new taskbar in Windows 7 and how it stacks up against the OS X dock.  All in all, it appears that Microsoft is finally implementing some solid improvements to its stagnant UI. These aesthetic similarities aside, what actually makes the superbar superior to the Dock is window management—including, by extension, application management. I can […]

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Apple netbooks and why analysts are clueless

21. January 2009

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With Apple set to announce earnings later today, talk of Apple sales suffering due to the increasing popularity of netbooks is rampant.  It’s a valid point to make, and if consumers want an Apple netbook, then more power to ’em.  It’s a whole another story, however, when analysts start predicting doom for Apple because it […]

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