Archive | January 23rd, 2013

Apple’s Q1 2013 earnings set records for revenue and profits, Wall St. not impressed

23. January 2013

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Apple issued its earnings for the quarter gone by and posted revenue of $54.4 billion and profits of $13.1 billion. That compares to revenue of $46.3 billion in the same quarter a year-ago and profits of $13.1 billion. And keep in mind that last year’s quarter encompassed 14 weeks while Apple’s 2013 Q1 quarter encompassed [...]

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Samsung Galaxy S4 to sport super display with over 400 ppi – report

23. January 2013

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Samsung’s extremely hyped up Galaxy S4 with a full HD Super AMOLED display will reportedly ship with a mesmerizing new display sporting a resolution that will give Apple’s Retina Display a run for its money. According to reports from Asia, Samsung engineers have been working with Laser Induced Thermal Imaging (LITI) and have developed with [...]

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Gene Munster anticipates Apple HDTV before end of 2013

23. January 2013

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Once again, the long time champion of the Apple HDTV – Gene Muster – is up to his old tricks. In an interview with Bloomberg yesterday regarding Apple’s upcoming earnings conference call, Muster cited his old friends – checks in the supply chain – and said that Apple will be releasing a fully equipped HDTV [...]

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When Steve Jobs threatened Palm CEO Ed Colligan with legal action regarding hiring of Apple employees

23. January 2013

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Back in April, we reported on a civil lawsuit against Apple, Google, Intel, Pixar, Intuit, and Lucasfilm for all allegedly engaging in anti-poaching agreements where each of the above-listed companies agreed not to hire employees from any of the other companies. In Silicon Valley, where engineering talent is king, keeping talented employees from jumping ship [...]

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UBS analyst Steve Milunovich lowers target for Apple stock to $650

23. January 2013

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One day ahead of Apple’s holiday earnings report, UBS analyst Steve Milunovich lowered his stock target for Apple shares from $700 down to $650. The reason behind Milunovich’s lowered projection is a new survey from Consumer Intelligence Research Partners which found that consumers, by and large, are increasingly flocking towards cheaper iPhone models which yield [...]

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