Lodsys' attack on Apple's App Store business model has reached an A-list developer
Twitterrific for Twitter
On Friday, a small Texas company called Lodsys whose key asset seems to be four heavily licensed patents covering, among other things, in-app purchases, began sending patent-infringement letters to a handful of the 40,000 developers trying to make a living selling applications in Apple's (AAPL) crowded App Store.
Even though Apple has licensed the technologies at MORE
Philip Elmer-DeWitt - May 17, 2011 11:21 AM ET
His advice: "Get rid of the crappy stuff and focus on the good stuff"
Nike CEO Mark Parker. Source: Fast Company
Like many authors trying to sell books to a reading public whose attention span seems to be shrinking to 140 characters, Carmine Gallo never misses an opportunity to promote his two Steve Jobs "secrets" books: The Presentation Secrets of Steve Jobs and The Innovation Secrets of Steve Jobs.
He does it MORE
Philip Elmer-DeWitt - May 17, 2011 8:28 AM ET
Visualizing Apple's share of the worldwide mobile phone market in the first quarter of 2011
Unit sales (top) vs. Operating profit (bottom). Source: Asymco.com. Click to enlarge.
On Monday, we reproduced a pair of charts from Asymco's Horace Dediu showing how Apple (AAPL) overtook Nokia (NOK) in less than four years to become the world's No. 1 maker of mobile phones -- smart or otherwise -- in terms of revenue. See MORE
Philip Elmer-DeWitt - May 17, 2011 7:20 AM ETOracle and NetSuite go after customers with the same kinds of needs, but they've carved out their own turfs, and are about to get even cozier.
Image by Oracle_Photos_Screenshots via Flickr
FORTUNE -- Larry Ellison is cheering for Oracle and NetSuite. Not surprising, considering the billionaire tech mogul (and Oracle founder and CEO) is a major shareholder in both companies. But now Oracle (ORCL) and NetSuite (N) have more than Ellison's MORE
Michal Lev-Ram, writer - May 16, 2011 2:34 PM ET
A window into the concerns of the institutions that control 71% of the company's shares
As you may have noticed, Apple's (AAPL) shares have gone nowhere this year -- and nowhere but down for the past week -- despite earnings the grew 92% year over year last quarter and show no signs of slowing this quarter.
Whatever is going on with the stock price probably has something to do with the fund MORE
Philip Elmer-DeWitt - May 16, 2011 11:22 AM ET
A tale of two charts
Source: Asymco.com
Apple (AAPL) overtook Nokia (NOK) last quarter to become the world's No. 1 vender of mobile phones -- smart or otherwise -- in terms of revenue. In terms of sales, it still has a lot of room for growth.
These charts are from a series Asymco's Horace Dediu began publishing last week as part of an analysis of the global mobile phone market for the MORE
Philip Elmer-DeWitt - May 16, 2011 7:17 AM ET
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"If you take even a look at the companies that have succeeded, Microsoft, Apple, Google, Facebook, you name it, all of these companies went through times of hardship. ... And it's how tenacious you are, how irrepressible, how ultimately optimistic and tenacious you are about it that MORE
JP Mangalindan, Writer-Reporter - May 16, 2011 6:30 AM ET
Aza Raskin, co-founder of Massive Health, wants to build an elegant and cool app for wellness.
By Jessi Hempel, senior writer
Aza Raskin is following in the footsteps of his father, Jef Raskin
FORTUNE -- Aza Raskin wants to do for health care what Apple did for personal computing in the late 1970s. In Raskin's case, the analogy hits especially close to home. Raskin's father was Jef Raskin, the computer-interface guru who designed MORE
May 16, 2011 5:00 AM ET
If you're looking for evidence of manipulation, Friday's close was picture-perfect
Volume rose sharply and Apple's share price collapsed in the last half hour
"The easiest way to think of options," wrote The Market Skeptics's Eric deCarbonnel in a prescient 2009 post, "is as a type of insurance. Investors pay a premium to protect themselves against sharp swings in the market. If these sharp swings don't happen, those selling options (option market MORE
Philip Elmer-DeWitt - May 15, 2011 9:32 AM ET
By Kevin Kelleher, contributor
The company has done nearly everything right, but it's dangerously overvalued, even for a tech company. Should Facebook, LinkedIn, and Groupon take heed?
FORTUNE -- Next Friday will mark OpenTable's second anniversary in the public markets. For most of its publicly traded two years, OpenTable (OPEN) has been an bright star in an IPO market struggling its way back to relevance. And for the most part, OpenTable has 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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