It does in 31 months what it took the iTunes Music Store nearly 10 years to achieve
Source: Apple.com
The nines on the app download odometer Apple (AAPL) posted on its website last week rolled over early Saturday, indicating that 10 billion apps have been downloaded since the store opened for business July 10, 2008.
Somebody -- we don't yet know who -- just won a nontransferable $10,000 App Store gift certificate, MORE
Philip Elmer-DeWitt - Jan 22, 2011 12:05 PM ET
What is it with the Chinese and their iPhones?
Source: Company reports
The signs were everywhere: The steady stream of human traffic from New York's Chinatown to the Fifth Avenue Apple Store. The housewives arrested at the Hong Kong crossing with dozens of units strapped under their dresses. The scalper fights that broke out when Apple's Beijing store briefly lifted its two-iPhones-per-customer limit.
No wonder Apple (AAPL) decided several years ago MORE
Philip Elmer-DeWitt - Jan 22, 2011 6:31 AM ET
Matt Cutts via Wikipedia
Spam sites are mostly benefiting from Adsense advertising...and so is Google.
Today, Google's (GOOG) Matt Cutts blogged that they were aware of the recent complaints about spammy search results and were taking actions to correct them. But complaints aren't just that Google is showing spammy sites in the search results. There is concern that the reason those spam sites are showing up higher than the original content MORE
Seth Weintraub - Jan 21, 2011 3:46 PM ET
Microsoft CEO Steve Ballmer is revved up about cloud-based software. But not for Photoshopping or watching DVR, like in his commercials. He's aiming at enterprise, and taking on two heavy hitters in CRM.
Microsoft CEO Steve Ballmer
On Thursday morning Ballmer introduced a new upgrade to Microsoft (MSFT) Dynamics CRM, a tool businesses use to manage client relationships. The latest version touts a handful of upgrades (like improved integration with other MORE
Michal Lev-Ram, writer - Jan 21, 2011 12:31 PM ET
It is safe to say that no one saw this coming, which may mean that there is some truth to Google's statements.
Every time there is change at the top of a company, customers, vendors, shareholders...just about everyone wants to know what happened. Often it isn't good news. But, buried in yesterday's management shakeup news, Google's (GOOG) earnings beat the street. Year over year growth was up almost 30%. Outside of Facebook MORE
Seth Weintraub - Jan 21, 2011 10:23 AM ET
A curated selection of the day's most newsworthy tech stories from all over the Web.
Photo: Twitter
During Google's earnings call yesterday, the Internet giant announced that CEO Eric Schmidt is resigning his role to focus on being Chairman, making room for co-founder Larry Page to take over as CEO. Meanwhile, Sergey Brin's title will change to co-founder. "I am enormously proud of my last decade as CEO, and I am certain MORE
JP Mangalindan, Writer-Reporter - Jan 21, 2011 8:10 AM ET
We know why Jobs left. Schmidt, the numbers suggest, is out for very different reasons
Source: Asymco
In a post entitled "Why Eric Schmidt had to go," Asymco's Horace Dediu, cuts through the millions of bits spilled Thursday over Google CEO's surprise reassignment with two simple charts.
The first, at right, compares Apple's (AAPL) growth rate over the past quarter with Google's (GOOG).
Apple, he points out, grew about 2.5 times faster. "The MORE
Philip Elmer-DeWitt - Jan 21, 2011 7:56 AM ET
Last quarter, 65% came from products that did not exist three and a half years ago
Source: Asymco
We've been waiting for Asymco's Horace Dediu to post the latest version of his lovely Apple (AAPL) quarterly sales chart because it's the one that shows most clearly how the company's various business lines are growing. You can read his analysis here.
[Follow Philip Elmer-DeWitt on Twitter @philiped]
Philip Elmer-DeWitt - Jan 21, 2011 7:21 AM ET
Can't buy it? Build it.
A logo was found today in Google's (GOOG) treasure trove Logo folder (Google Music was found here too - so buyer beware). It looks like a new service called Google Offers and from the name alone, it seems to be something that would compete in the coupons space.
Google tried to buy Groupon last month for a reported $6 billion figure. After getting turned down, Marisa Mayer, in MORE
Seth Weintraub - Jan 20, 2011 10:21 PM ET
Incoming CEO Larry Page with outgoing chief Eric Schmidt
Larry Page, the original Google CEO, gets his job back.
No one saw it coming. Sure the Google board, Larry Page, Sergey Brin and Eric Schmidt knew about the executive change-up bomb they were about to drop Thursday, but for most everyone else within Google (GOOG) and without, the news of Schmidt's departure as CEO came as a complete surprise. So was MORE
Michael V. Copeland, Senior Writer - Jan 20, 2011 9:00 PM ETEvery morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
Receive Fortune's newsletter on all the deals that matter, from Wall Street to Sand Hill Road. SUBSCRIBE
Covering the digital giants of Silicon Valley and beyond, an in-depth look at enterprise companies, and the startups disrupting them. Written by Michal Lev-Ram and emailed twice weekly. SUBSCRIBE
Anne Fisher answers career-related questions and offers helpful advice for business professionals. SUBSCRIBE
| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.24 | -0.06 | -0.82% |
| Ford Motor Co | 12.28 | -0.46 | -3.60% |
| Frontier Communicati... | 4.24 | -0.23 | -5.26% |
| Juniper Networks Inc... | 21.57 | -0.80 | -3.58% |
| Cisco Systems Inc | 19.58 | -0.25 | -1.26% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,666.89 | -67.74 | -0.53% |
| Nasdaq | 2,813.64 | 8.36 | 0.30% |
| S&P 500 | 1,315.93 | -2.50 | -0.19% |
| Treasuries | 1.92 | -0.01 | -0.73% |