Archive | January 15th, 2010

Apple sets up donation page on iTunes for Haiti earthquake relief

15. January 2010

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Apple is lending its hand to help out with the relief efforts in Haiti following the devastating earthquate that occurred there last week. Apple has since set up a donation page on the iTunes main page where users can make a charitable donation to the American Red Cross in 6 varying denominations, from $5 all the way up […]

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Avie Tevanian, Steve Jobs’ old right hand man, to join Elevation Partners

15. January 2010

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You may not have heard of Avadis “Avie” Tevanian, but if you’re reading this website, odds are that you’re very familiar with his work. Tevanian originally came over to Apple from NeXT when Apple purchased the company back in 2007. During his time at Apple, Tevanian served as the Senior Vice President of Software Engineering […]

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Apple hires M&A specialist to make corporate acquisitions a quicker and simpler process

15. January 2010

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As opposed to some of the larger tech companies, like Microsoft and Google, Apple doesn’t really go on start-up spending sprees, which might come as a surprise given that it has well over $30 billion in cold hard cash sitting in the bank. On the contrary, Apple has only purchased a grand total of 11 […]

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Will change in iPhone accounting skyrocket Apple Stock to $376 and beyond?

15. January 2010

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In 2010, Apple will begin including the full sale price of each iPhone sold into its earnings, as opposed to now where Apple defers the cost of an iPhone over a 24 month period. This revenue deferment often results in analysts underestimating Apple’s financial health as its earnings reports don’t accurately reflect just how much […]

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