Consolidated Tech News for the day.
We've seen hackers use keyboards to deliver malicious code to computers, and we've seen smartphones used as remote controls for cars and TV -- but we've never seen a smartphone disguised as a keyboard used to control a computer, until now. A couple folks at this year's Black Hat DC conference have devised a clever bit of code that allows a rooted smartphone -- connected to a PC through USB -- to pose as a keyboard or mouse in order to attack and control the computer.
Motorola Xoom launching February 17th at Best Buy
When we stumbled upon an $800 price for the Motorola Xoom yesterday, our instinctive reaction was to leap forward to the next obvious question: when? Well, that call has now been answered by an internal Best Buy document that's just dropped into our inbox, which explicitly pinpoints February 17th as the launch date for Moto's highly touted, Honeycomb-equipped tablet. [...][via engadget]
Google's Q4 financial results press release contains a bombshell: as of April 4, co-founder Larry Page (on the far right, above) will replace Eric Schmidt as CEO and assume responsibility for day-to-day operations and product development and strategy. That doesn't mean Schmidt is leaving -- he'll carry on as Executive Chairman and serve as an advisor to Page and co-founder Sergey Brin, focused on external things like "deals, partnerships, customers and broader business relationships, government outreach and technology thought leadership." As for Sergey, he'll now "devote his energy to strategic projects, in particular working on new products," with the simple title of Co-Founder.
Opera has officially announced its much-loved web browser will be appearing on Sony TVs and Blu-ray players. There's no specific details, but it given its low-key presence at CES a few weeks ago (Sony Insider grabbed a video of it in action on the show floor -- embedded after the break -- unfortunately hampered by slow connection speeds) it will spread at least across the company's 22 new connected HDTVs.
Okay, so the WP7 hacking community may not be quite as active as that working tirelessly to keep every facet of Android devices splayed to the breeze, but that's not to say there isn't a skilled group of tinkerers doing their best on Microsoft's best.
A pair of reports today from Patently Apple reveal newly-published patent applications from Apple describing the company's work on advancing input systems for its Macs, showing off concepts for a multi-touch display embedded on the Magic Mouse and virtual keyboards with tactile feedback.
According to the first report, Apple's patent application entitled "Computer Input Device Including a Display Device" demonstrates how Apple could embed a multi-touch display on top of the company's existing multi-touch Magic Mouse, bringing new functionality to the input device.
[...] [via MacRumors.com
A researcher creates a botnet for your pocket—a likely sign of things to come.
If you have a smart phone, online criminals may soon have your number. Smart phone malware is getting increasingly sophisticated, and now
a security researcher has created software that turns a smart phone into a "zombie" that can be controlled remotely.
Georgia Weidman created the program, which controls an Android phone via short message service (SMS). She will demonstrate the software at the Shmoocon hacking conference in Washington, D.C., later this month.
Once only theoretical, real-world cell-phone viruses are becoming more common. Last August, a scam in Russia tricked users into installing malicious software on Android phones, and using the SMS functionality to send messages to a number that charged a premium fee. In late 2010, a Chinese virus for Android devices was used to steal personal data.
He didn't exactly go on at length about them, but Google CEO Eric Schmidt has laid out three clear priorities for the company in a brief guest article for the Harvard Business Review -- and, not surprisingly, they're "all about mobile."
Kyle Wiens, CEO of iFixit, sent us an email to point out that Apple is switching to a new type of tamper-resistant “Pentalobe” screws instead of the standard Phillips screws, which makes it more difficult for users to open and repair an Apple device as screw drivers that can remove it are not readily available.
Apple is switching to a new type of tamper-resistant screw. This is not a standard Torx, and there are no readily available screwdrivers that can remove it. This isn't the first time they've used this type of screw - it first appeared in the mid-2009 MacBook Pro to prevent you from replacing the the battery - and Apple is using a similar screw on the outer case of the current MacBook Air. This screw is the primary reason the 11" MacBook Air earned a lousy repairability score of 4 out of 10 in our teardown last October.
Apple chose this fastener specifically because it was new, guaranteeing repair tools would be both rare and expensive. Shame on them.
During Apple's Q1 2011 Financial Results conference call, Apple revealed that they had made long term commitments with three companies in the amount of $3.9 billion. When questioned about the exact component, Tim Cook declined to answer citing competitive reasons.
During the opening statements, however, Peter Oppenheimer revealed that the agreements began in the September and December quarters:
"During the September and December quarters, we executed long-term supply agreements with three vendors through which we expect to spend a total of approximately $3.9 billion in inventory component prepayment and capital expenditures over a two-year period. We made approximately $650 million in payments under these agreements in the December quarter, and anticipate making $1.05 billion in payments in the March quarter"
The new Magic Mouse was revealed this week in a patent application published by the U.S. Patent and Trademark Office entitled "Computer Input Device Including a Display Device." Discovered by AppleInsider, it shows a mouse with a display on top that would be able to display information or allow contextual input options.
Apple's filing notes that the usability of a computer might become easier through input devices that are "more communicative" to the user. It also notes that the addition of a screen could make a device more "aesthetically pleasing," by allowing users to change the look of it by customizing what is displayed on the screen.
[...] [via AppleInsider
All things considered, HTC doesn't do the best job of protecting its roadmap; indeed, the slides that leaked a little over a year ago ended up doing a fabulous job of showing us what was in the pipe for 2010, so we wouldn't doubt the massive spread that PocketNow published today. Starting at the top, we've got a device that looks like a trackpad-less evolution of the original Desire (pictured above), another that looks like an Aria-sized Nexus One in black (complete with old-school trackball), and an additional version of a buttonless phone that's got generic HTC branding in place of the Verizon logo in a picture unearthed by Phandroid a few days ago (pictured after the break).
Consumers will be able to buy an LED light bulb for less than $10 in 18 to 24 months.
Lemnis builds screw-in LED bulbs that replace the incandescent household bulb. The firm's Pharox bulb puts out about the same amount of light as a 60-watt or 40-watt incandescent, but consumes just six watts of power. Plus, if you install one in your house today, you won't have to change it until 2030. (BTW -- Lemnis founder Warner Philips is the grandson of the founder of Philips Lighting.)
A consortium of environmentally focused groups in China called out Apple on Thursday for allegedly failing to properly oversee suppliers, accusing the iPhone maker of fostering health and safety problems in factories.
Three-dozen environmental groups from China published the report Thursday, entitled "The Other Side of Apple," which ranks the Cupertino, Calif.-based company as the least responsive among more than 25 technology companies surveyed for details on working conditions. According to The Associated Press, the environmentalist activists are also advocates of workers' rights.
A polymer that mends itself could lead to medical implants or engine parts that fix themselves.
A new polymer material that can repeatedly heal itself at room temperature when exposed to ultraviolet light presents the tantalizing possibility of products that can repair themselves when damaged. Possibilities include self-healing medical implants, cars, or even airplane parts.
The polymer, created by researchers at Carnegie Mellon University and Kyushu University, heals when a crack in the material is pressed together and exposed to UV light. The same treatment can cause separate chunks of the material to fuse together to form one solid piece.
[...] [via technologyreview
RESTAURANTS and bars thrive on repeat business, but customers increasingly expect more than just good service, food and drinks. They want to be engaged and entertained, and some food establishments are turning to location-based social media to help keep customers happy and loyal.
A smartphone app offering rewards for customers of Buffalo Wild Wings created by Scvngr.
Buffalo Wild Wings, a national restaurant chain that offers casual dining and televised sports, is embarking on a campaign, called “Home Court Advantage,” to involve customers beyond the smartphone “check-in” they use to note their arrival.
The chain, which has 730 locations around the country, is known for its wing-eating contests and trivia challenges. Beginning this month, it is working with Scvngr, a location-based social media network, to introduce contests and rewards for its customers. Its main target is tech-savvy basketball fans, an important demographic for the chain.
[...][via The New York Times - Technology
Apple has revealed the list of top iPhone apps and iPad apps of all time as part of the 10 Billionth app Countdown promotion.
The list is split into four categories - top paid iPhone apps, top free iPhone apps, top paid iPad apps and top free iPad apps.
You can checkout the top 10 apps in each category after the break.
Nokia's most recently reported quarter saw its Devices & Services division bringing in 7.17 billion Euros ($9.7 billion), and the company projects Q4 sales of 8.2 to 8.7 billion Euros ($11.4 to $11.7 billion), but this includes more than just its smartphone sales.
Apple's 'stunning' first quarter exceeds Wall Street's lofty expectations Apple's earnings for the first quarter of 2011 crushed analyst expectations on Wall Street, who heaped praise on the company for beating estimates by $2 billion.
Apple posted record revenue of $26.74 billion, helping the company earn profits of $6 billion, or $6.43 per diluted share, in the three-months span ending Dec. 25, 2010. The Cupertino, Calif., company blew out even Wall Street's lofty expectations by selling 16.24 million iPhones, 7.33 million iPads, 4.13 million Macs, and 19.45 million iPods.
Following the news, analysts on Wall Street responded with their take on Apple's best quarter ever by increasing AAPL stock price targets and providing their take on where the company is headed next.
Eye of the beholder: Inside this experimental camera, a stretchable sensor array sits below a liquid lens. Water is pumped into both components to change the magnification of the image captured by the camera.
Credit: John Rogers
The burgeoning field of stretchable electronics promises to change the way we think about gadgets. Silicon chips, once confined to flat, rigid shapes, will break out of the planar mold. One experimental example is a camera, modeled after an eyeball, that features a curved array of light sensors.
Now a new design gives this curved camera a boost: the shape of the lens and of its sensor can be changed in synchrony, providing a 3.5x zoom. This provides a key piece of missing functionality for the original camera concept, says John Rogers, professor of materials science and engineering at the University of Illinois, Urbana-Champaign. Rogers led the development of the device. "The result is a complete camera system, with tunable lens and tunable detector, capable of taking pictures," he says. Rogers and his coauthors published details of the work on Monday in the Proceedings of the National Academy of Sciences.
While full details of Apple's conference call yesterday covering the company's blowout earnings for the first fiscal quarter of 2011 are available in our coverage post, we've compiled a few of the more interesting items that merit some additional attention:
- Record-breaking quarter: Apple set new quarterly records for Mac, iPhone, and iPad sales, as well as revenue and profit.
The bespectacled one joins a $60 million round for Neos GeoSolutions.
Bill Gates, a former Microsoft employee, participated in a $60 million round for Neos GeoSolutions, which has devised sensors and software for figuring out where to drill for oil, mine for rocks or dig for natural gas.
Kleiner, Perkins and the Energy Capital Group (out of the Middle East) are existing investors. So is Goldman Sachs.
It's a bit of a switch. Gates has invested in a few green companies in recent years, including EcoMotors, which produces a highly efficient car engine. He also plunked money into TerraPower, which wants to produce a modular traveling-wave nuclear reactor that can run on spent nuclear fuel. His pal Nathan Myhrvold helped come up with that. Nuclear fuel isn't green itself, but nuclear energy does not produce carbon emissions.
As much attention as smartphones get in the mobile biz, it's easy to lose site of the fact that dumbphones still reign supreme by sheer volume of users -- and in all likelihood, they will for years to come.
Apple's retail stores had yet another impressive quarter earning $3.85 billion over the holidays, with the success by four locations in China that bring in the most traffic and highest revenue for the iPhone maker.
Apple executives spoke about the company's retail growth in a conference call following their quarterly earnings report on Tuesday. Apple's retail sales accounted for about $3.85 billion in revenue in the quarter, a total 95 percent larger than a year before.
By dropping support for a common video format in Chrome, Google means to drive the Web toward one it owns.
Last week, Google stirred up controversy with a low-key announcement: in the near future, it would drop support for a widely used video format in its Chrome Web browser. Here's a primer on what Google is doing, why it's doing it, and how it will affect you.
What exactly did Google do?
Starbucks today announced that its mobile payments solution for the iPhone, iPod touch, and select BlackBerry devices is now available nationwide, allowing customers to pay for their purchases using the company's mobile app at nearly 6,800 traditional Starbucks locations and over 1,000 Starbucks locations in Target stores across the United States.
To experience mobile payment at Starbucks, customers just need to download the free Starbucks Card Mobile App for select BlackBerry smartphones, iPhone or iPod touch mobile devices. More than one-third of U.S. Starbucks customers use smartphones, of which nearly three quarters use BlackBerry smartphone or iPhone mobile devices. In addition to the mobile payment capability, the app allows customers to manage their Starbucks Card account, check their card balance, reload their card with any major credit card (iPhone users can also use the PayPal feature), check their My Starbucks Rewards status and find a nearby Starbucks store with the store locator feature.
[...] [via MacRumors.com
The Starbucks Card Mobile App offers customers with BlackBerry smartphones, iPhone and iPod touch the fastest way to pay at nearly 6,800 U.S. company-operated Starbucks stores
SEATTLE, January 19, 2011 - Starbucks (NASDAQ: SBUX) today announced the launch of mobile payment in all U.S. company-operated stores, allowing customers to pay for in-store purchases with select smartphones. Building on the earlier introduction of Starbucks Card Mobile App for select BlackBerry® smartphones, iPhone® and iPod® touch and a successful mobile payment test program, customers now have access to the largest mobile payment program in the U.S. and the fastest way to pay at Starbucks. This national program now includes nearly 6,800 company-operated stores and more than 1,000 Starbucks in U.S. Target locations.
[I wish they can start this service here in Singapore]
The story of the Trojan Horse must be a favorite among video game console manufacturers, because software updates these days often come with more than bargained for -- today, Microsoft issued a mandatory Xbox 360 update, reportedly for a single bugfix, but which seems to have coincidentally halted scores of pirates and hackers from playing Call of Duty: Black Ops and Modern Warfare 2 on the console.
[You don't have to worry if you are not using a modified XBOX]
Now that the kitty's out of the gemstone bag, we're slowly starting to connect the dots that obscure the details of Palm's soon to be announced "Topaz" and "Opal" tablets. First up is information from one of our original trusted sources who claims that the Opal will measure 180 x 144 x 13mm (making it a bit shorter and wider than the 190.1 x 120.5 x 12-mm Galaxy Tab) and feature a 1,024 x 768 pixel TFT LCD display.
We're told that the bigger Topaz tablet will ship about three months before Opal and measures in at 241 x 190 x 13mm (making it nearly identical to the 242.8 x 189.7 x 13.4-mm iPad) with a pixel resolution that could be the same as the Opal (our source wasn't 100 percent on this).
Apple's increased focus on China is paying off, with revenue from the nation quadrupling last quarter, thanks largely to strong sales and quick adoption of the iPhone and iPad.
Apple executives detailed their company's great success in China during their quarterly conference call on Tuesday. The executive team noted the astounding fact that Apple earned just over $3 billion in China in all of fiscal 2010, but achieved $2.6 billion in the same country in the first quarter alone of fiscal 2011. Apple's performance was up four times year over year, riding high on the strength of iPhone and iPad sales.
A new molecular dye might eventually help diagnose Alzheimer's disease much earlier, which could prove vital to developing effective treatments and preventative measures. The molecule binds to amyloid plaques, the neurological hallmark of Alzheimer's disease, and can be detected in the living human brain with PET imaging. Previously, the only definitive way to detect amyloid in the brain, and hence diagnose the disease, was via an autopsy.
TechTrackr noted that Hugh Hefner revealed on Twitter that full uncensored issues of Playboy will become available on the iPad in March.
While Playboy has had an official App Store app, the app has been content restricted and contains no nude images. There are no further details on the iPad version of the magazine.
We suspect the magazine delivery may be related to Apple's recent plans to open up subscription billing for magazine and newspaper content which has been rumored to debut in the coming weeks. News Corp's upcoming The Daily has been repeatedly cited as the first to take advantage of the new subscription model.
[I think this time Apple has made a very big mistake if they allow Adult Content on iPad. I will not get an iPad for my children if I know that Adult Content is available...]
[...] [via MacRumors.com
OneNote, as the name suggests is an online digital notebook for free-form information gathering and multi-user collaboration.
The product description says it all:
Microsoft OneNote Mobile is the easy-to-use, powerful note-taking application for all of your ideas, brought to you by Microsoft Office. OneNote Mobile lets you create and view notes and lists whenever you need them. Sync your notes with free Windows Live online storage and access them from virtually anywhere using your phone, PC, or almost any web browser.
Apple App name : OneNote
[It's not in Singapore yet !]
After seeing Android tablets galore at CES, it seems strangely fitting that a device bearing the CherryPad moniker could top off this month's tablet news dog pile. Specifically, Mobile Magazine is sharing "unconfirmed details" about a new 7-inch Cherry-branded tablet that's said to run Android 2.2 "at a minimum" and feature a 1024x600 capacitive multi-touch display, front and rear three megapixel cameras, a 1GHz Cortex A8 cpu, and either 8 or 16GB of flash memory.
Research In Motion (NASDAQ:RIMM) is about to introduce its new tablet, the PlayBook, which runs on software from QNX. The company will release a version of the gadget for Sprint Nextel's (NYSE:S) WiMAX network this summer. Additionally, despite lagging in global smartphone market share in the third quarter, RIM shipped 14.2 million BlackBerry smartphones in its latest quarter.
FierceWireless: With more iPhones and Android phones being allowed by employers, how does RIM stay relevant in the enterprise? And is it important to?
Lessard: The enterprise is absolutely important and it's a critical part of our business, and it will always be. We continue to focus on it very much--as much, if not more, frankly, than the consumer side.
[I say, it's never too late to get started...]
During Tuesday's conference call in which Apple's financial report for the first quarter of fiscal 2011 was discussed, the company's chief operating officer, Tim Cook, revealed that more than 160 million iOS devices have been sold as of December. The lightweight iOS operating system runs on the iPhone, iPod touch, iPad and Apple TV.
Apple has posted record revenue of $26.74 billion and record net quarterly profit of $6 billion, or $6.43 per diluted share for its fiscal 2011 first quarter ended December 25, 2010.
Apple sold an amazing 16.24 million iPhones in the quarter, up 86 percent over the year-ago quarter. Apple also sold 7.33 million iPads during the quarter.
MacRumors is reporting that they’ve received a screenshot, which their source claims is from a Best Buy inventory database, which provides some interesting information.
As you can see from the screenshot (after the break), Best Buy's inventory database has entries for 16 GB and 32 GB white iPhone 4 models, which has in-stock dates of February 27th.
Silver Tesla Model S Alpha hits the road, carves some corners
We've seen it inside and out. We've seen it naked. Now we're seeing it do its thing. Tesla has just released a tasty video of the Alpha version of the Model S carving some corners, and while this isn't the first time we've seen the car in motion this is the best taste of the Alpha we've yet been given. Check out the video after the break and, no, your speakers aren't broken, it is that quiet. Oh, and if you'd like to know more about what's going on under all that chrome and silver make sure you peruse our chat with Chief Engineer Peter Rawlinson.
Facebook Shares a Little More of Your Data
Apps built for Facebook can now access your phone number and home address.
After the negative response Facebook have "temporarily" switched off the new feature, saying on their blog:
"Over the weekend, we got some useful feedback that we could make people more clearly aware of when they are granting access to this data. We agree, and we are making changes to help ensure you only share this information when you intend to do so."
"We are now making a user's address and mobile phone number accessible as part of the User Graph object."
That's how Facebook's blog for developers announced that from now on the apps you install to your Facebook profile will be able to access to your phone number and home address. It's a feature some predict will be misused by spammers.
[...] [via technologyreview]
Greener Ruffles: An electric truck operated by Frito-Lay.
Credit: Frito-Lay North America
Making Electric Vehicles Pay Off
Can companies with fleets of cars take advantage of the electric vehicle's efficiency dividend?
Commercial fleets are a logical place to introduce battery-powered electric vehicles. After all, fleet vehicles operate with relatively predictable driving patterns, return to a central location overnight, and are managed by sophisticated logistics professionals who can weigh the cars' lower fueling and maintenance costs against their premium purchase price. Last year, managers of large fleets began exploring in earnest what EVs offer, kicking off demonstrations that will come to scale this year.
[...] [via technologyreview]
Apple on iPad competition: Windows is 'big and heavy,' next-gen Android tablets are still vapor
Apple's COO (and current Steve Jobs stand-in) Tim Cook thinks "there's not much" competition to the company's iPad tablet. When queried about Apple's view on what the rest of the market offers, Cook was brutally candid in describing Windows-driven machines as generally being big, heavy and expensive, while current generations of Android-based slates are in his opinion merely "scaled-up smartphones."
While we agree that Windows 7 isn't a terribly touch-friendly affair, we don't know that Cook's comments on Android are quite so pertinent now that Google's tablet-savvy Honeycomb iteration has been unveiled.
Then again, he has something to say about the next generation of Android tablets as well, noting that the ones announced at CES lack pricing and release schedules, leading him to conclude that "today they're vapor." Ouch. As a parting shot, Tim took a moment to reaffirm Apple's belief that its integrated approach will always trump the fragmented nature of Android and its plurality of app stores.
Apple Reports Record 1Q 2011: $6 Billion Profit on $26.74 Billion in Revenue
Apple today announced financial results for its first fiscal quarter of 2011, corresponding to the fourth calendar quarter of 2010. For the quarter, Apple posted revenue of $26.74 billion and net quarterly profit of $6 billion, or $6.43 per diluted share, compared to revenue of $15.68 billion and net quarterly profit of $3.38 billion, or $3.67 per diluted share, in the year-ago quarter. Gross margin was 38.5 percent, compared to 40.9 percent in the year-ago quarter, and international sales accounted for 62 percent of the quarter's revenue. Apple's quarterly profit and revenue were both company records.
Apple shipped a record 4.13 million Macintosh computers during the quarter, a unit increase of 23 percent over the year-ago quarter. Quarterly iPhone unit sales reached a record 16.24 million, up 86 percent from the year-ago quarter, and the company also sold 19.45 million iPods during the quarter, representing 7 percent unit decline over the year-ago quarter. Apple also sold a record 7.33 million iPads during the quarter.
"We had a phenomenal holiday quarter with record Mac, iPhone and iPad sales," said Steve Jobs, Apple's CEO. "We are firing on all cylinders and we've got some exciting things in the pipeline for this year including iPhone 4 on Verizon which customers can't wait to get their hands on."
[...] [via MacRumors.com]
Apple's iPad owned 87.4% of Q3 2010 "media tablet" market
IDC reports that the booming "media tablet" market was "driven almost exclusively by global demand for Apple's groundbreaking iPad," while separately counting eReaders such as the Amazon Kindle and Tablet PCs running Windows. Were it to include all tablet devices globally, Apple would own 79.5 percent of the worldwide tablet market.
The "media tablet" market, as defined by IDC in its report, includes 5 to 14 inch tablet-shaped devices with color displays and running "lightweight operating systems (such as Apple's iOS and Google's Android OS)."
[...] [via AppleInsider]
Apple shares slide 6% in Germany as investors weigh in on Steve Jobs' leave
Though U.S. markets were closed on Monday, overseas trading gave an indication of how investors might react to Steve Jobs' absence from Apple come Tuesday. In addition, analysts on Wall Street offered their take on the news.
AAPL takes a hit overseas
U.S. markets were closed on Monday in recognition of the Martin Luther King Jr. Day holiday. But AAPL stock was still traded in Europe, where the news of Jobs' leave of absence had a significant impact.
First, they ported Ubuntu to the Nook Color, and now the intrepid hackers at the XDA Developers Forum have overclocked its stock 800MHz processor to run at speeds up to 1GHz.
The mod allows users to have their cake and eat it too, as the custom kernel ups the speed of the CPU while running it at a lower voltage, which means longer battery life -- though we don't know exactly how much longer.
Apparently, the developer who wrote the code found that the system became unstable at the 1GHz level, but there were no such problems at 950MHz and below.
Hit the source link to download the kernel and see for yourself what a supercharged Nook Color can do.
iPhone 5 And iPad 2 To Get Dual-Core SGX543 GPUAppleInsider is reporting that according to their source, the next generation iPad and iPhone will get a new version of Apple’s A4 chip, which uses the dual-core SGX535 GPU from Imagination Technologies.
'The Daily' to Lead the Way on iPad Magazine Subscriptions, Skip iAds
Despite the fact that the launch of News Corp.'s tablet-focused news publication has reportedly been pushed back by a few weeks from its rumored introduction next week and with the prospect of a joint Steve Jobs-Rupert Murdoch media event now apparently off the table with Jobs' medical leave of absence, The Daily is still being looked to as a model for Apple's plans with respect to recurring subscription billing for magazine and newspaper content.
While traders on the Frankfurt DAX sent Apple shares sliding 6 percent today, similar to the drop that occurred in the US the last time Apple announced that its chief executive Steve Jobs was taking a leave of absence, US analysts expressed more confidence in Apple's market strength.
Brian White, the senior research analyst at Ticonderoga, noted in a report today that "With Steve Jobs as arguably the most iconic CEO in the world and widely recognized as the 'heart and soul' of Apple, we expect the stock to come under heavy selling pressure on Tuesday." US markets were closed today in observation of the Martin Luther King Jr holiday.
"If the stock goes into a significant downturn in the coming weeks on this news and/or further developments in the future," White added, "we believe Apple would be wise to tap into its $51 billion net cash position (as of the end of FY10; we estimate $70.8 billion by the end of FY11) for a significant stock repurchase or a generous cash dividend."
When Apple launched the App Store on July 10th, 2008, even they would not have thought in their wildest imaginations that it would end up becoming such a huge success.
The success of the App Store was clear when one billion apps were downloaded in just 9 months. Fast forward to the present and the App Store is about to hit the magical 10 billion app download mark.
Three Guys and a Podcast claims that Apple is working to merge its iTunes application into its Safari browser later this year, creating a single application for browsing web and media content.
Apple may be preparing a massive move that will propel Safari from niche browser to market leader. The move to merge Safari and iTunes into one software solution appears long in the works, which may arrive this fall at Apple's usual iPod special event.
Speaking with Forbes, RIM senior product manager Ryan Bidan insisted that "on its own, this is a great standalone tablet," and that "this is not a device that is reliant on a BlackBerry."
As Forbes notes, however, it is true that the PlayBook needs to be tied to a BlackBerry for most PIM functions like contacts and calendar management, but Bidan says those features will come to the PlayBook separately "as the platform evolves" -- he didn't get much more specific than that, unfortunately.
Apple has just issued a media advisory to reveal that Steve Jobs, co-founder and CEO is taking a medical leave of absence from the company.
Steve Jobs will continue to be the CEO and involved in strategic decisions. Apple’s COO Tim Cook will oversee the day to day operations in Steve Jobs absence.
Steve Jobs Taking New Medical Leave of Absence [Updated]
Apple today issued a media advisory revealing that Steve Jobs has been granted a "medical leave of absence" from the company. Jobs plans to continue serving as CEO, although Chief Operating Officer Tim Cook will oversee Apple's day to day operations during Jobs' absence.
Apple CEO Steve Jobs today sent the following email to all Apple employees:
At my request, the board of directors has granted me a medical leave of absence so I can focus on my health. I will continue as CEO
and be involved in major strategic decisions for the company.
I have asked Tim Cook to be responsible for all of Apple's day to day operations. I have great confidence that Tim and the rest of the
executive management team will do a terrific job executing the exciting plans we have in place for 2011.
I love Apple so much and hope to be back as soon as I can. In the meantime, my family and I would deeply appreciate respect for our
No timetable for his expected return has been given.
Tags: iphone 4, ipad, apple iphone, iOS 4, iphone hack, iphone 4 news