They were the best of frenemies for nearly 30 years. Walter Isaacson has the inside story.
Click to enlarge. Image: Time Inc.
The first excerpt from the year's most eagerly awaited -- and carefully guarded -- biography will appear in Fortune on Monday.
The magazine has secured exclusive rights to the sections in Walter Isaacson's Steve Jobs devoted to Jobs' relationship to Bill Gates.
For nearly three decades the co-founder of Apple (AAPL) and the MORE
Philip Elmer-DeWitt - Oct 20, 2011 6:55 AM ET
Mountain View-based startup Lytro unveiled a revolutionary new camera that looks nothing like a traditional point-and-shoot.
Lytro founder Ren Ng holds the new Lytro camera. Photo: JP Mangalindan
FORTUNE -- It could be a godsend for awful photographers around the world. Mountain View-based startup Lytro, which launched earlier this year and demoed at Brainstorm Tech last July, just unveiled a line of "light field" cameras that capture more color, intensity and light MORE
JP Mangalindan, Writer-Reporter - Oct 19, 2011 5:00 PM ET
The drumroll begins with Walter Isaacson's appearance on CBS TV Sunday night
Source: CBS
This just tweeted by @60Minutes:
SUNDAY: Steve Kroft sits down with historian Walter Isaacson for the first look at the authorized biography of Steve Jobs.
This is the book every serious student of Apple (AAPL) will want to read.
It's been kept under extraordinarily tight wraps. No review copies have been distributed. The worldwide lay down is scheduled for overnight Monday.
For MORE
Philip Elmer-DeWitt - Oct 19, 2011 4:32 PM ET
Investors think Yahoo is that much more ripe for a sale after another down quarter.
By Dan Mitchell, contributor
FORTUNE -- Apple's (AAPL) shares rose on Wednesday afternoon, but they had been down for most of the day because the company's 54 percent rise in fourth-quarter profits didn't meet analyst expectations. Yahoo (YHOO), meanwhile, reported that revenues and profits continued to fall -- and its shares are way up.
"The company didn't fall MORE
Oct 19, 2011 1:43 PM ET
The feature list for its upcoming XTS sounds more like a next-generation Apple product than a tony sedan. Buyers want more tech, but that strategy has backfired in the past.
By Doron Levin, contributor
FORTUNE -- It sounds like a next-generation iPhone -- voice recognition, multitouch, a slick interface. But it's not. Instead, this is General Motor's upcoming in-vehicle communication system, dubbed CUE for "Cadillac User Experience," due next spring in the MORE
Oct 19, 2011 1:33 PM ET
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"You don't want to build it generically and then throw it over the fence." -- Google Mobile Chief Andy Rubin on Android (All Things D)
* An indepth look at Android 4.0, a.k.a. Ice Cream Sandwich, courtesy of This is my next. Among the numerous tweaks, expect a new clean, futuristic look MORE
JP Mangalindan, Writer-Reporter - Oct 19, 2011 10:34 AM ET
This miss is just a minor blip due to analysts getting overzealous with their estimates.
By Andy M. Zaky, contributor
FORTUNE -- You're going to come across quite a bit of commentary today that will try and pin Apple's earnings miss to some vague notion of the weakening global macroeconomic environment, to the death of Steve Jobs or to the beginning of a general slowdown at Apple.
Those who know very little about MORE
Oct 19, 2011 8:47 AM ET
Most shrug it off as a transitional aberration. Several raised their price targets.
Apple's (AAPL) fourth quarter results were the first since at least 2004 that failed to beat the analysts' consensus. A sampling of what they had to say about that:
Needham's Charlie Wolf: Not every quarter is a blowout. "The slowdown in iPhone sales in the second half of the September quarter in advance of the launch of iPhone 4S appeared to take MORE
Philip Elmer-DeWitt - Oct 19, 2011 8:37 AM ET
For the first time in more than 3 years, the pros out-analyzed the upstarts
Click to enlarge.
Let's leave aside for now the question of whether Apple's (AAPL) failure to meet analysts' expectations last quarter (see here) was the company's fault or the analysts'.
This is the exercise in which we divide those analysts into two groups -- the pros and the amateurs* -- and pit their estimates against each other. (See MORE
Philip Elmer-DeWitt - Oct 19, 2011 7:43 AM ET
Mac and iPad sales set new records, but iPhone sales disappoint
Apple (AAPL) reported disappointing results for its fourth fiscal quarter on Tuesday. Although the company handily beat its own guidance, it fell far short of the expectations of analysts and investors, who punished the stock in after-hours trading
Apple shares, which had closed the day at a record $422.24 amid hopes for an upside surprise, fell at one point more than 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% |
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| Dow | 12,666.14 | -68.49 | -0.54% |
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| Treasuries | 1.91 | -0.02 | -1.19% |