Bolstered by renewed optimism about the U.S. economy, consumers this spring are putting money aside to buy netbooks and Mac laptops, according to a report released Thursday by ChangeWave Research.
The ChangeWave survey of 3,231 high-end consumers was taken in April and showed a 2 point jump in plans to buy a laptop in the next three months -- the first uptick in this number recorded by ChangeWave in 17 months.
Nearly MORE
Philip Elmer-DeWitt - Apr 30, 2009 3:26 PM ET
The Woodside, Calif., town council met Tuesday night to hear Steve Jobs explain why he should be permitted to demolish a 30-room mansion he bought in 1984 -- but Apple's (AAPL) CEO didn't show up.
"I don't think he would be strong enough if we were here until 1 a.m., and I think there's a strong possibility of that," the lawyer representing Jobs told the council, according to the Palo Alto MORE
Philip Elmer-DeWitt - Apr 29, 2009 9:12 AM ET
Jon Fortt and Michael Copeland of Fortune weigh in on the latest buzz around Silicon Valley. (AAPL) (GOOG) (MSFT) (YHOO)
Jon Fortt - Apr 28, 2009 5:18 PM ET
Someone at Verizon (VZ) has been busy winding up the rumor mill this week, leaking stories to at least three news outlets about a pair of prototype wireless devices that Apple (AAPL) is reported to be shopping around.
In the past two days, news items in the New York Times, USA Today and BusinessWeek have all cited unnamed persons briefed on a new round of negotiations between Apple and Verizon -- MORE
Philip Elmer-DeWitt - Apr 28, 2009 9:43 AM ET
more about "Tech makes its mark on the Fortune 500", posted with vodpod
On NBC's Press: Here, I talk with a panel about the latest issue of Fortune, the Fortune 500 list, and changes to the tech landscape. (AAPL) (MSFT) (INTC) (CSCO) (GOOG) (TIVO) (EBAY) (YHOO)
Jon Fortt - Apr 27, 2009 3:42 PM ET
Photo © Scott Haefner
On Tuesday a California city council will reconsider Steve Jobs' longstanding request for permission to tear down the empty 84-year-old mansion that stands on the site where he wants to build a smaller, modern house more to his exacting taste.
The 17,250-square-foot Spanish colonial, located in Woodside, Calif., one of the wealthiest small towns in America, was designed by George Washington Smith for Daniel C. Jackling, self-made MORE
Philip Elmer-DeWitt - Apr 27, 2009 9:42 AM ET
Is there an Apple Store near you? Count yourself lucky, because the days of Apple's (AAPL) aggressive expansion into the branded retail space are over -- at least for now.
After opening more than 250 company-owned stores in eight years -- an average of nearly 8 per quarter and a total of 46 in 2008 alone -- Apple in the last quarter opened just one.
The building slowdown is one of several MORE
Philip Elmer-DeWitt - Apr 24, 2009 8:48 AM ET
The App Store odometer that's been running on Apple's (AAPL) home page for nearly two weeks rolled over into 10-digits Thursday afternoon shortly before 5 p.m. ET (2 p.m. PT).
To hit a billion downloads in 9 months and 12 days is certainly a milestone worth trumpeting, and Apple's executives did their share of horn-blowing during Wednesday's quarterly conference call.
"We are within hours of reaching our 1 billionth download," said CFO MORE
Philip Elmer-DeWitt - Apr 23, 2009 5:28 PM ET
No analyst we know of correctly predicted Apple's (AAPL) second fiscal quarter results for 2009, in which the company proved that computer makers don't have to slash prices or build "junky" $400 netbooks to weather an economic storm. But some analysts did better than others.
Who did best?
Let's look at the numbers. The table below represents the estimates of all the Wall Street analysts whose numbers we could get our hands MORE
Philip Elmer-DeWitt - Apr 23, 2009 9:38 AM ET
Acting CEO Tim Cook handled the bulk of the questions from analysts in Apple's (AAPL) second-quarter earnings call Wednesday, and he seized the opportunity -- in Steve Jobs' absence -- to wave the company's flag.
Five key quotes (checked against Seeking Alpha's transcript):
On Apple's shrinking market share: "I care about US share, of course I do. However, I think cycles come and cycles go. And what we're about is making the best MORE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.24 | -0.06 | -0.86% |
| Ford Motor Co | 12.26 | -0.48 | -3.75% |
| Frontier Communicati... | 4.22 | -0.25 | -5.59% |
| Juniper Networks Inc... | 21.62 | -0.75 | -3.33% |
| Cisco Systems Inc | 19.59 | -0.24 | -1.21% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,663.49 | -71.14 | -0.56% |
| Nasdaq | 2,812.82 | 7.54 | 0.27% |
| S&P 500 | 1,315.83 | -2.60 | -0.20% |
| Treasuries | 1.91 | -0.02 | -1.09% |
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