A comScore survey of iPad owners finds some surprises in their pockets
Source: comScore
"Though it's frequently assumed that the Apple user base is composed of dedicated Apple 'fanboys'," writes comScore' Mark Donovan, using a term demeaning to Apple (AAPL) users of both sexes, "there's not a tremendous amount of overlapping mobile device access among these users."
That second part takes some unpacking, but its meaning is a little clearer in the MORE
Philip Elmer-DeWitt - Apr 19, 2011 2:57 PM ETCisco is reorganizing its consumer business to acknowledge it never really took off. But the company has more divisions to shed before the Street is satisfied.
Cisco CEO John Chambers has tough work ahead. Image via Wikipedia
By Dan Mitchell, contributor
FORTUNE -- There's a certain allure to being a household name, so you almost can't blame Cisco CEO John Chambers for trying to push his company into consumer markets. But that MORE
Apr 19, 2011 12:12 PM ET
Ahead of Apple's earnings, the numbers tell it all: If shares don't soar after its quarterly report, it will likely trade at valuation levels not seen since the depths of the financial crisis, making it the cheapest large-cap tech stock.
By Andy M. Zaky, contributor
FORTUNE -- As Apple prepares to report its fiscal second quarter results after the bell on Wednesday, a huge question on investors' minds is whether or not MORE
Apr 19, 2011 10:39 AM ETThe Microsoft co-founder's tell-all is making waves with stories about a young Bill Gates. Now Allen tells Fortune what he thinks of the company the two built from scratch.
Paul Allen, author of "Idea Man"
FORTUNE -- For decades, Microsoft (MSFT) co-founder Paul Allen kept a low profile, or at least as low as his $14 billion fortune probably allowed. He's occasionally spotted on his $162 million private yacht, palling around MORE
JP Mangalindan, Writer-Reporter - Apr 19, 2011 10:37 AM ET
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Twitter, the subject of Fortune's cover story this month, is reportedly in advanced talks to buy third-party application TweetDeck for around $50 million. The potential acquisition comes at a time when the social network is trying to go mainstream. (Wall Street Journal) Wal-Mart paid over $300 million to buy MORE JP Mangalindan, Writer-Reporter - Apr 19, 2011 9:55 AM ET
If she dared develop an Android device, says an expert tracking the latest patent suits
Samsung Galaxy
"Instead of pursuing independent product development, Samsung has chosen to slavishly copy Apple's innovative technology, distinctive user interfaces, and elegant and distinctive product and packaging design, in violation of Apple's valuable intellectual property rights."
Strong language for something as dry as a patent and trademark infringement suit, but that's the kind of rhetoric Apple (AAPL) MORE
Philip Elmer-DeWitt - Apr 19, 2011 6:26 AM ET
While the rest of the PC industry lost ground, Apple's computer sales were growing
Photo: Apple Inc.
Once again, Mac sales zigged while PCs zagged.
In a note to clients Monday afternoon, Piper Jaffray's Gene Munster summarized data from the NPD Group for the last quarter:
In the month of March, U.S. Mac sales were up 47% year over year, driven by the new MacBook Pros that started shipping Feb. 24.
That 47% uptick MORE
A radical corporate restructuring, borrowing a Japanese idea, could help Google instill a permanent culture of innovation, and stave off Microsoft-style stagnation.
By Kevin Kelleher, contributor
FORTUNE -- What is it going to take for Google to get its mojo back? Google in the spring of 2011 is a far cry from Google in its startup days. Facing competition from younger companies like Facebook, Google is spending more to hire new talent, MORE
Apr 18, 2011 11:56 AM ET
As of Monday morning the stock was officially down for 2011
Explain this, if you would.
Two days before Apple (AAPL) was expected to report record earnings -- with customers snapping up iPhones faster than it can make them and others still camping out overnight to buy the latest iPad -- the world's most valuable technology company on Monday was down more than $7 (2.2%) in early morning trading.
It would be one MORE
Philip Elmer-DeWitt - Apr 18, 2011 10:33 AM ET
The popular start-up says it grew more than 500% in 15 months. How's that for viral effectiveness?
FORTUNE -- As many in Silicon Valley know, very few start-ups succeed, and even if they do, even fewer stumble upon the kind of growth Dropbox has in such little time. But since January 2010, CEO Drew Houston and CTO Arash Ferdowsi's file-syncing and sharing service has exploded, from 4 million to 25 million, with MORE
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| 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% |
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