Category: Apple Inc.

After Apple announced their quarter one profits this morning and the stock price went through the roof.  At press time, the price was at $451.51 USD in after hours trading, up more than $31.10 USD or 7.40 percent. With groups like RBC Capital posting a buy level at $525 USD a share, this is not much of a stretch at this point. The increase in share price makes Apple Inc. the number one company in the US as far as…

Apple Inc. (AAPL) announced their first quarter results in a conference call today posting sales of $46.33 Billion USD.  They sold 37.04 billion iPhones or more than 4 billion more than anyone expected this number to be.   iPads sales were strong but not quite at expectations at 15.4 $billion Units and 5.2 million Macs. This quarters sales puts the total number of iPhone units sold globally by Apple Inc over the  of the products at 315 million units. Cash on…

According to a report by GigaOm, Apple has overtaken all of the other large hardware manufacturers to become the number one purchaser of semiconductors.   The report states that Apple spend a total of $17.3 Billion USD last year on semiconductors.  This change in the top rank has been spurred on by the iPhone and iPad’s popularity and demand. Source: GigaOm

Apple will be holding Conference Call at 5pm EST today to report the fiscal year 2012 first quarter profits.   While many in the industry are expecting lower overall numbers, it seems that they are at the expecting high numbers at Apple.   According to ColinW. Gillis at BGC Partners, “analyst expectations are around 33 million iPhones and 12 13 million iPads”.  Others including Mark Moskowitz at JP Morgan is expecting that number on the iPhones to be about 28 Million.

Apple has lost an appeal to have Samsung’s Galaxy Tab 10.1 tablet banned from The Netherlands.  The dutch court tossed the appeal from Apple, giving the lower court the final say on the matter.  This decision comes just days after Samsung lost a minor ruling in German courts. Source: Reuters

Fortune has released a new excerpt from the Inside Apple book written by Adam Lashinsky.  The book discusses Apple from the employee and the secrecy and security aspect, goine into detail about how employees are treated, how they are paid, and what the policy at Apple is relating to product releases. The book even goes into the tit-for-tat type fights that erupt between employees and that dressing someone down is acceptable if it is in the interest of making a…

Apple has finally created a support website for the iTunes U.  Introduced along with Apple’s Education Initiative last week in New York City, iTunes U is intended to give students of all ages materials which are downloadable to their iPads as well as instructurs the tools with which to reach the student easily and interactively. Lack of a real support structure has been hindering usage of the facility so far, however Apple eliminated that issue yesterday.   You can check out…

A report in CNN Money is claiming that the Apple stores are worth nearly as much as the White House is.   According to the report, a square foot of an Apple store moves an average of $4,709 per square foot while the the White House is worth $4,752 per square foot. Just my opinion but since Apple is doing it every year, wouldn’t that make the Apple store more valuable?

Virgin America has paid tribute to Steve Jobs by including a saying he used at the 2005 Stanford Commencement on its airplane.   The expression “Stay Hungry, Stay Foolish” is now gracing the nose of the airplane with the tail number N845VA, just below the cockpit window on the left side of the plane. While Steve used the expression in his speech, it comes from the back cover of a 1970’s Whole Earth Catalog when the catalog was ceasing print.  Now…

In the 5 days since the launch of the Textbooks section of the Apple Book Store, they have sold approximately 350,000 books according to Global Equities Research.  They also apparently gave away 90,000 plus copies of the iBooks Author software for textbook production.  If these numbers and trends continue, Apple could well have the largest book store sales in the world within a matter of weeks instead of the normal years that it took Amazon to get to the top….

Soon, people may have to begin thinking of Apple and Harrods in the same sentence.  A report in 9 to 5 Mac is reporting that there will soon be an in store Apple store at Haarrods.  Harrods was sold in 2010 to the Qatar Investment Authority by then owner Mohamed Al-Fayed.   in foot traffic, the Harrods store could have more traffic than any other store other than the grand central station store which was recently opened by Apple, Inc….

This week showed a bit of how fickle the market can be when it comes to stock trading.  In spite of a good announcement from Apple, Inc. on the 19th of January, the stock fell off the pace more than 11 points.   However, RBC Capital recently said that the stock is still a buy and could go as high as $525 a share.  While this might be true, the upcoming Conference Call tomorrow evening (5pm EST) will definitely tell a…

While Apple has put camera’s in most every device that they produce these days, many in the military or government cannot use the devices due to the sensitive nature of their jobs.  That is until now.  The M1 Shop in Singapore has the iPhone 4S models with no camera for sale now.  While the cameras are a bit priceier than the camera laden models, they are worth the price for those who must have the phone but cant have a…

Apple Inc. (AAPL) Stock price finished the week at $420.30 USD, off over 11 points from the high of $431.37 USD reached just before Apple’s January 19th event.  The next time a number will be presented which will allow investors to judge how the company is doing will be the first quarter results conference call which is scheduled for 24 January at 5:00pm EST.   In after hours trading the stock price did rebound slightly but is still well off of…

This week, Apple shook up the education and textbook world with the introduction of iBooks 2.0, iTunesU for k-12 and of course their now ever so popular iBooks Author.  Many educators we have talked to seemed enthusiastic about the possibilities presented with the new application, however, Apple has a caveat in the End User Licensing Agreement which prevents users of iBooks Author from selling books created with the package anywhere else other than Apple’s iBook Store.  While PDF’s exported from…

Apple has released an update to iTunes to reflect the new introductions of software in New York City yesterday.  This new version of iTunes allows users to sync their ipads with the new iBook textbooks purchased from Apple through the iTunes store. For more information about the update, go to: http://support.apple.com/kb/DL1426

This morning, Apple announced their new initiative to make education one of their highest priorities.  This announcement has not really changed their stance on the subject of education, but the way in which they did it deserves merit. The first thing that Apple did is to eliminate the physical books and the cutting down of trees to print those books.  This alone will save Billions of dollars each year and definitely help save the forests that are so important to…

The Video from this mornings Apple Event in New York City is now available in the Apple iTunes Store.  The event was held at 10am and was primarily focused on Apple’s push for education, introducing iBooks 2.0, iBooks Author, and the iTunesU App,  You can download the latest video or any of the previous events from the iTunes store at: http://itunes.apple.com/us/podcast/apple-keynotes/id275834665

Apple Stock (AAPL) closed down slightly today after pre-event trading had the stock pushing over $431.00 in the morning.  The close today was at $427.75 USD down 1.36 from yesterdays close.  The price per share has pushed even lower in after hours trading with the current price sitting at $426.22 USD per share. Whether the lack of hardware at today’s announcement has anything to do with the fall, one will only have to imagine, however, with the stock having pushed…

Apple held an event this morning in New York to announce a slew of education related items.  The first thing off the blocks was the introduction of the update to the iBooks franchise with a version 2.0.  This new version includes a ton of rich media capabilities and allows the introduction of school textbooks, which was one more thing Apple did this morning. As we so rightly predicted last week, Apple also introduced a publishing tool, iBooks Author for those…