Cloud computing is clearly here to stay. But these factors could make the transition a bumpy one.
FORTUNE -- Earlier this week, portions of Amazon's cloud computing service crashed, impairing Foursquare, Netflix and Instagram as well as millions of users. While service was quickly restored, it marked the second major incident of its kind in the last six months -- and that is raising concerns with some.
Putting parts or all of MORE
JP Mangalindan, Writer-Reporter - Aug 12, 2011 1:02 PM ET
Cloud computing is clearly here to stay. But these factors could make the transition a bumpy one.
FORTUNE -- Earlier this week, portions of Amazon's cloud computing service crashed, impairing Foursquare, Netflix and Instagram as well as millions of users. While service was quickly restored, it marked the second major incident of its kind in the last six months -- and that is raising concerns with some.
Putting parts or all of MORE
JP Mangalindan, Writer-Reporter - Aug 12, 2011 12:12 PM ET
Among the top 20 smartphones in Millennial's March '09 report, only two are still standing
Source: Millennial Media
Here's a pair of interesting lists from Friday's Mobile Mix -- the 50th "intelligence report" Millennial Media has issued since the mobile advertising network opened for business five years ago.
If you click to enlarge the chart at right, you'll see that in March 2009, Apple's (AAPL) iPhone was No. 1 among the top MORE
Philip Elmer-DeWitt - Aug 12, 2011 6:11 AM ET
An official search of Kunming, China, yields a surfeit of unauthorized Apple retail shops
Photo: BirdAbroad
Three weeks after an American blogger visiting the capital of China's Yunnan province posted the first photographs of a copycat Apple Store so convincing that even some of the sales staff thought they were working for Steve Jobs, Chinese authorities have identified 22 more unauthorized Apple stores in Kunming city.
According to a Reuters report filed MORE
Philip Elmer-DeWitt - Aug 12, 2011 5:10 AM ET
Most pay-TV providers are losing customers in droves, as internet TV and movie services wait in the wings.
FORTUNE -- Cable and satellite-TV providers have spent several years denying the phenomenon of "cord-cutting" -- subscribers canceling pay-TV service in favor of Internet-based services like Netflix (NFLX), Hulu and iTunes (AAPL).
But the industry's numbers show that, for whatever reason, more people are canceling their service. Bloomberg News reported on Wednesday that the MORE
Dan Mitchell, contributor - Aug 11, 2011 11:29 AM ET
Using iPhone 4 parts and less memory, Apple might bring the subsidized cost to $0.00
Image: Apple'N'Apps
There's been much speculation over the past year about the possibility of Apple (AAPL) shipping a lower-cost phone to compete in markets where the top-of-the-line iPhones have proved too expensive.
Writing in Apple'N'Apps Thursday, Trevor Sheridan -- a writer whose track record we can't vouch for -- offers what nonetheless seems like a plausible scenario.
Citing MORE
Philip Elmer-DeWitt - Aug 11, 2011 9:54 AM ET
Among smartphone operating systems, iOS' worldwide share grew nearly 30%
Data: Gartner. Chart: PED
Apple's share of the worldwide mobile phone market (smart and not-so-smart) nearly doubled year over year in the second quarter of 2011, from 2.4% to 4.6%, according to a report issued Thursday by Gartner, Inc. That put Apple (AAPL) in fourth place among mobile phone vendors, well behind Nokia (NOK), Samsung and LG.
Apple's share of the rapidly-expanding MORE
Philip Elmer-DeWitt - Aug 11, 2011 8:51 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.
* Smartphone maker HTC is investing $300 million in Beats Electronics, the same company that releases various Beats by Dr. Dre audio products. HTC reportedly plans to incorporate the technology into future handsets. (All Things D)
* Twitter is updating the social network with two new features. Replacing the "@Mentions" MORE
JP Mangalindan, Writer-Reporter - Aug 11, 2011 7:00 AM ET
Declines to bring charges against Gizmodo's Jason Chen in stolen iPhone case
From AppleInsider's transcript of an interview with Apple's (AAPL) Steve Jobs at All Things Digital's 2010 D8 conference:
Mossberg brought up the issue of Apple's missing prototype iPhone and asked Jobs about the police seizure of computers and other equipment belonging to the Gizmodo editor who broke the story, saying the police "go and don't issue a search warrant and […] they grab this MORE
Philip Elmer-DeWitt - Aug 11, 2011 6:57 AM ET
The closing bell rang Wednesday with Apple's market cap, for the first time, at No. 1
Chart courtesy of ycharts.com
Apple (AAPL), for now at least, is the world's most valued company by market capitalization (determined by multiplying a company's stock price times number of shares outstanding). Here's how it happened:
It caught up to Google (GOOG) in mid-2009
It overtook Walmart (WMT) in March 2010
It passed Microsoft (MSFT) in May 2010
It caught MORE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.24 | -0.06 | -0.89% |
| Ford Motor Co | 12.28 | -0.46 | -3.61% |
| Frontier Communicati... | 4.20 | -0.27 | -6.04% |
| Juniper Networks Inc... | 21.65 | -0.72 | -3.22% |
| Cisco Systems Inc | 19.58 | -0.25 | -1.26% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,666.14 | -68.49 | -0.54% |
| Nasdaq | 2,813.49 | 8.21 | 0.29% |
| S&P 500 | 1,315.99 | -2.44 | -0.19% |
| Treasuries | 1.91 | -0.02 | -1.19% |
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