Piper Jaffray offers 3 reasons investors are nervous and 3 reasons they shouldn't be
In a note to clients issued Wednesday morning, Piper Jaffray's Gene Munster takes a crack at the question Apple (AAPL) investors have been asking since January: Why, despite one record quarter after another, is the stock going nowhere?
The three reasons he offers will surprise no one who has been following this blog: (I quote)
The stock is already MORE
Philip Elmer-DeWitt - May 25, 2011 7:39 AM ET
Apple's notebooks sweep every category in the latest report, despite middling reliability scores
Source: Consumer Reports
Consumer Reports doesn't always love Apple's (AAPL) products. It still doesn't recommend the iPhone 4 because of problems its testing lab had with the external antenna. But in its survey of the current crop of notebook computers released Tuesday, the magazine gave the MacBook line its highest ratings in every category in which Apple competes, MORE
Philip Elmer-DeWitt - May 25, 2011 7:03 AM ET
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* Sources tell All Things D that Facebook game maker Zynga is on the cusp of filing an initial public offering, a move that could happen this week or next week. The company has been on a roll lately with a string of smaller acquisitions for talent and/or MORE
JP Mangalindan, Writer-Reporter - May 25, 2011 6:30 AM ET
Barnes & Noble's update to the original Nook e-reader marries touchscreen features with the latest e-ink technology.
The all-new Nook. Photo: Barnes & Noble
FORTUNE -- Just seven months after it announced its Android-based Nook Color tablet, Barnes and Noble (BKS) unveiled a major hardware update to the original e-ink-based Nook e-reader that cuts down on bulk, weight, and physical buttons.
Available for pre-order immediately and shipping on or around June 10 MORE
JP Mangalindan, Writer-Reporter - May 24, 2011 2:18 PM ET
Jack Dorsey is trying to make it hip to use Square's new Register and Tabs features, and he's taking a page from Apple on premium pricing.
FORTUNE -- Jack Dorsey's startup, Square, gets a lot of attention from the media. After all, Dorsey is also the co-founder of Twitter, which means plenty of people in Silicon Valley want to know about his every move. But Square's high-profile status doesn't mean its MORE
Michal Lev-Ram, writer - May 24, 2011 1:59 PM ET
Reports that Apple had announced he will be speaking at WWDC turn out to be a year out of date.
Source: GigaOM
In what may be a record for the number of crossed-out words in a single item, GigaOM's Charles Jade has retracted nearly everything he posted Tuesday morning, admitting shamefacedly that he "mistakenly referenced a [year] old press release."
His original post, quoting an official Apple (AAPL) announcement "highlighting Steve Jobs MORE
Philip Elmer-DeWitt - May 24, 2011 12:42 PM ET
Sure, HP has the lauded WebOS, but can their plans to beat Apple's iPad and the universe of Android devices really come true?
Image by HP PSG APJ via Flickr
FORTUNE -- A Hewlett-Packard (HPQ) executive said the company's forthcoming TouchPad tablet computer will be the "number one plus" product on the market, besting the iPad. It's a bold claim, one that goes beyond mere puffery. By being so explicit, the company risks MORE
Dan Mitchell, contributor - May 24, 2011 11:23 AM ET
Fortune's curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
"We came to market with Windows Phone about a year later than I wish we had. Shame on us." -- Microsoft CEO Steve Ballmer (Los Angeles Times)
Microsoft CEO Steve Ballmer
* At a developers' conference in Japan earlier this week, Microsoft CEO Steve Ballmer announced that Windows 8 MORE
JP Mangalindan, Writer-Reporter - May 24, 2011 7:38 AM ET
Less than three years after it opened for business, the App Store hit the half-million mark
Click to enlarge. Source: 148Apps, Chomp and Chillingo
Here's a nice round number likely to be trotted out at the Apple's (AAPL) Worldwide Developers Conference in June.
Sometime after midnight Tuesday morning, the iTunes team pushed through a batch of app submissions that sent the total over a six-figure milestone. In 34 months, Apple has approved MORE
Philip Elmer-DeWitt - May 24, 2011 6:38 AM ET
At TechCrunch Disrupt in New York today, super-angels Ron Conway and David Lee say the younger you are, the more likely your start-up will take off.
Ron Conway, center
FORTUNE -- Mark Zuckerberg launched Facebook from his Harvard dorm room; Twitter's Jack Dorsey and Google's (GOOG) Larry Page and Sergey Brin founded their respective companies in their twenties. All of them were young when they got their start, and that's not 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% |