The No. 1 carrier signed up 3.4 million new subs last quarter, while its competitors lost share
Data: Company reports, Piper Jaffray
It's probably fair to assume that at least part of the Q1 2011 bump in the blue line at right can be attributed to the Feb. 10 launch of the Apple (AAPL) iPhone for Verizon Wireless (VZ).
As Piper Jaffray's Christopher Larson notes in a report to clients Monday, 38% MORE
Philip Elmer-DeWitt - May 9, 2011 1:10 PM ET
A curated selection of the weekend's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you everyday.
*A sneak peek at Adam Lashinsky's deep dive into Apple's corporate structure, including a juicy anecdote on how Steve Jobs tolerates internal company failures (Hint: Not so well). (Fortune)
*LinkedIn plans to offer 7.8 million shares in its initial public offering (IPO), valuing the professional social network at MORE
JP Mangalindan, Writer-Reporter - May 9, 2011 10:28 AM ET
Malcom Gladwell deconstructs the Mac's creation myth in the current New Yorker
Source: The New Yorker
The myth -- repeated ad nauseam by Apple (AAPL) naysayers -- is that Steve Jobs stole the ideas behind the Macintosh from Xerox's (XRX) Palo Alto Research Center.
The truth is that he paid for them -- with 100,000 shares of his company a year before its initial public offering.
The deeper truth, which Malcom ("The Tipping MORE
Philip Elmer-DeWitt - May 9, 2011 8:04 AM ET
Valued at more than $153 billion, it overtook Google on the strength of the iPhone and iPad
Source: BrandZ
For the first time since BrandZ began compiling its annual ranking of the world's most valuable brands, Apple (AAPL) topped the list with an 84% surge that put its value at more than $153 billion, comfortably ahead of Google (GOOG), which had held the top spot since 2007.
According to Millward Brown, the MORE
Philip Elmer-DeWitt - May 9, 2011 7:07 AM ET
From Steve Jobs down to the janitor: How America's most successful -- and most secretive -- big company really operates.
Apple doesn't often fail, and when it does, it isn't a pretty sight at 1 Infinite Loop. In the summer of 2008, when Apple launched the first version of its iPhone that worked on third-generation mobile networks, it also debuted MobileMe, an e-mail system that was supposed to provide the seamless MORE
Adam Lashinsky, Sr. Editor at Large - May 9, 2011 5:00 AM ET
Four times as many people now visit Apple Stores as go to Major League Baseball games
Click to enlarge. Sources: IFOAppleStore.com, fangraphs.com
A throw-away stat on Business Insider last month comparing the number of visitors to Apple's (AAPL) retail stores last quarter (71.1 million, down from 74.5 million during the Christmas quarter) to Major League Baseball attendance figures for the entire 2010 season (73.6 million) got me thinking.
Could it be that MORE
Philip Elmer-DeWitt - May 8, 2011 8:02 AM ET
Moves up from 59th place in 2010 based on boffo sales growth and return on investment
Source: Barron's
In what Barron's describes as "a tip of the hat" to the corporations that generated the most revenue growth and cash returns in recent years, the magazine moved Apple (AAPL) up 55 spots in its 13th annual ranking of America's 500 largest companies that aren't currently in bankruptcy.
"While such operating success might not MORE
Philip Elmer-DeWitt - May 7, 2011 12:31 PM ET
Adam Lashinsky's "Inside" story in the new issue of Fortune is packed with juicy revelations
SVPs: Phil Schiller clowning for Jony Ive, Eddy Cue and Scott Forstall on the Apple campus in 2010. Photo: Robyn Twomey
After the simultaneous, and more-or-less disastrous, launch of the iPhone 3G and MobileMe in the summer of 2008 -- the launch one Gizmodo reader dubbed "iPocalypse" -- Steve Jobs summoned the MobileMe team to the MORE
Philip Elmer-DeWitt - May 7, 2011 9:30 AM ET
Up 21 slots from 2009. If ranked by profits, rather than revenues, it would be No. 8
Apple (AAPL) catapulted into the top 50 U.S. companies in the 2011 edition of the Fortune 500 released Friday. The rankings are based on revenues from the most recent fiscal year -- in Apple's case, the one that ended Sept. 2010. If profits had been the criterion, Apple would have come in eighth, right MORE
Philip Elmer-DeWitt - May 6, 2011 6:21 PM ETWhen the founder of an unheralded startup offered a cri de coeur about the inanities of the funding process, he heard hundreds of voices crying back.
FORTUNE -- If there is a tech bubble, it certainly hasn't given lift to Adam Neary. Neary is the CEO of Profitably, a financial analysis service for small businesses. It doesn't feature check-ins, a bespoke social network, or a game layer. Its cofounder hasn't crashed MORE
Chadwick Matlin - May 6, 2011 12:54 PM ETEvery morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
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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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