Apple

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Shareholders Rage at Apple Board's Silence on Jobs

Apple board rebuffs requests for updates on CEO's health

(Newser) - Apple shareholders left an annual meeting today upset at the company’s board for staying mum about CEO Steve Jobs’ health, the Wall Street Journal reports. Considered the company’s chief innovator, Jobs rattled Apple’s stock price last month with news that treatment for a hormone imbalance would sideline...

iPhone Users Love Apps—Then Forget Them

(Newser) - Apple has a lot of nifty apps for its iPhone, but apparently the novelty wears off in a hurry. A new analysis shows that many people download them, then promptly forget about them, Apple Insider reports. Just 20% of people use free apps the day after download; at the end...

Universal Phone Charger Coming

(Newser) - This should make it easier to charge your phone: Most of the big players in the industry said today they will work toward a universal charger by 2012, Wired reports. That means a standard USB cable will do the trick, no matter the brand. However, Wired notes one notable absence...

Guess Who's Taking On the Apple Store?

Microsoft hires Wal-Mart guru for new retail effort

(Newser) - Microsoft has hired a former Wal-Mart exec to help the company open a chain of retail stores—a new strategy in its battle with Apple. The move is the latest sign of upheaval at Redmond, reports the Financial Times, and represents a change in approach. "To open their own...

Single App Nets $600K in Month
 Single App Nets $600K in Month 

Single App Nets $600K in Month

The gold rush continues in Apple's App Store

(Newser) - With more than 20,000 iPhone apps available, it seems inevitable that most would make peanuts. But Ethan Nicholas’ tank artillery game, iShoot, raked in $600,000 in one month——$37,000 on its best day—proving the gold rush is on in the App Store, Wired reports. The...

'Gorgeous' Vaio P Frustrates
 'Gorgeous' Vaio P Frustrates 
PRODUCT REVIEW

'Gorgeous' Vaio P Frustrates

Sony's tiny new laptop is slow and has woeful battery life

(Newser) - Sony’s new netbook, the Vaio P, is about the size of "one of those plastic folders waiters use to bring you the check at a restaurant," but the pricey gadget is "very slow and has poor battery life," writes Wall Street Journal tech maven Walter...

Inquiry Into Jobs' Health Puts SEC in New Territory

Agency may set precedent on executive privacy

(Newser) - The Securities and Exchange Commission's inquiry into Apple’s disclosures on Steve Jobs’ health has the agency prying into perhaps the last remaining corner of executive privacy, Bloomberg reports. Securities law requires companies to reveal to shareholders information that could affect share price, but the health of executives has usually...

Time to Give Netflix Its Dot-Com Due
 Time to Give Netflix 
 Its Dot-Com Due 
OPINION

Time to Give Netflix Its Dot-Com Due

Disciplined growth has helped it through many setbacks

(Newser) - Despite plenty of naysayers, Netflix boasts success like few other dot-coms, Chris O’Brien writes in the San Jose Mercury News. The movie-rental service reported record earnings despite the recession, “a neat trick that eBay and Yahoo could only dream of emulating.” Netflix’s innovative distribution system, inventory...

The 10 Best Super Bowl Ads
 The 10 Best Super Bowl Ads 

The 10 Best Super Bowl Ads

Animals, violence, catchphrases fuel success

(Newser) - Sure, the economy's in the toilet, but there’s always $3 million in the couch cushions for 30 seconds come Super Bowl time. But it remains to be seen whether this year’s crop stick to a reliable winning formula: Include “animals, potty humor, violence, celebrities, sentimentality,” or...

Apple's Mac Turns 25


 Apple's 
 Mac 
 Turns 25 

Apple's Mac Turns 25

(Newser) - Apple’s Macintosh, the seminal device that helped usher in the age of personal computing as we know it today, turns 25 this week, the San Jose Mercury News reports. The original Macintosh combined a svelte form—by 1980s standards—with an accessible graphical interface, eschewing complex text commands for...

Job, Housing Woes Sink Stocks
 Job, Housing Woes Sink Stocks 
MARKET Open

Job, Housing Woes Sink Stocks

(Newser) - Stocks headed south this morning, following worse-than-expected housing and job data. Jobless claims rose by 62,000 last week, and housing starts slid 15.5%, to their slowest pace on record. The Dow sunk 144 points, accompanied by an 18-point decline in the S&P. A strong quarter from Apple...

Apple Harvests Record Profit

Holiday iPod sales surge defies Wall Street

(Newser) - A late surge in holiday iPod sales boosted Apple quarterly revenue and profits to a record high, reports the Los Angeles Times. Wall Street analysts had predicted a slump of up to 18% in Apple sales, but despite the recession, the company is reporting $1.61 billion in profits on...

SEC Looking Into Apple's Health Disclosures on Jobs

Non-public inquiry doesn't necessarily indicate wrongdoing

(Newser) - The SEC is taking a long hard look at Apple’s disclosures about Steve Jobs’ health, a source tells Bloomberg. The inquiry isn’t supposed to be public knowledge, and doesn’t indicate that the SEC has seen evidence of wrongdoing. But the agency wants to be sure that Apple...

Jobs Mulls Liver Transplant
 Jobs Mulls Liver Transplant 

Jobs Mulls Liver Transplant

Ailing Apple founder claims not to get high interest level in his condition

(Newser) - With rumors rampant, Steve Jobs is considering a liver transplant. The Apple CEO’s announcement Wednesday that he’ll take a leave of absence to deal with his apparently deteriorating health has the rumor mill working 24/7, but he professes ignorance. Reached by phone, he asked a Bloomberg reporter, “...

Jobs May Have Pancreas Removed
Jobs May
Have Pancreas Removed

Jobs May Have Pancreas Removed

Surgery would require insulin treatment, with risk of diabetes

(Newser) - Apple’s ailing CEO, who announced a 5-month leave of absence yesterday, may have his pancreas removed, doctors say. Steve Jobs had parts of it removed during surgery after a 2004 cancer diagnosis; now it may be necessary to remove the entire organ to avoid pancreatic leak, a potential side...

Apple Needs to Tell the Truth About Jobs' Health

Firm's secrecy is a disservice to its investors

(Newser) - It’s possible, but not likely, that something truly changed in the days between Steve Jobs discounting his health issues as a “hormone imbalance” and deciding he needed to take a medical leave from Apple. That means, writes Joe Nocera in the New York Times, that America’s “...

Banks Drive Stocks Down Early
 Banks Drive Stocks Down Early 
MARKET OPEN

Banks Drive Stocks Down Early

Investors see bad news everywhere in new data

(Newser) - Stocks dropped at the open today as a surprisingly good JPMorgan quarter struggled to offset other negative economic news, the Wall Street Journal reports. The Dow was off 108, despite Morgan's 4% surge, as Bank of America plummeted 15% after reports it would need more aid to close the Merrill...

Low-Key Jobs Stand-In Known for Steady Hand

Cook expected to keep Apple on solid course during CEO's absence

(Newser) - Steve Jobs' decision to take medical leave was no surprise to Apple-watchers, and neither is his choice of a replacement. Chief operating officer Tim Cook is a little-known name outside Silicon Valley, but his efficient, low-key approach and symbiotic relationship with Jobs over the last decade has helped transform Apple...

Health Forces Jobs to Take Leave From Apple

Problems 'more complex than I originally thought,' founder says

(Newser) - Saying his much-publicized medical problems are “more complex than I originally thought,” Apple founder Steve Jobs is taking a leave from the computer giant through June, the Wall Street Journal reports this afternoon. The 53-year-old survivor of pancreatic cancer said last week he had a hormonal imbalance. Chief...

MacWorld Snoozefest Signals Apple's Decline

Swansong keynote labeled the dullest tech talk since Vista's rollout

(Newser) - Apple's keynote address at the MacWorld expo yesterday felt a lot like the end of an era to those who managed to keep their eyes open during it, Dan Lyon writes in Newsweek. Marketing chief Phil Schiller's "almost unbearable" rollout of various new software features instead of thrilling announcements...

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