Apple advises would-be users to come back in an hour
Source: Apple Inc.
Apple's (AAPL) iTunes Match service, which missed its October deadline, went live Monday morning and promptly became over-subscribed. Visitors were advised to come back in an hour. I'd give it a day or two.
The $24.99 per year service scans the music in your iTunes library and matches it to the music available on the iTunes store. Songs that MORE
Philip Elmer-DeWitt - Nov 14, 2011 1:16 PM ET
Their PC shipments grew by double digits while the broader market fell more than 11%
Even without counting the iPad, Apple (AAPL) gained smartly on the major personal computer vendors in Europe last quarter according to a report issued Monday by Gartner, Inc.
While the broader market for PCs fell 11.4% in the quarter, Apple's Mac shipments grew 19.6%. Only Asus, which specializes in Microsoft (MSFT) Windows-based notebooks, grew faster.
Otherwise, writes Gartner's MORE
Philip Elmer-DeWitt - Nov 14, 2011 12:14 PM ET
Three graphs from Oppenheimer's 2012 Handset Guidebook
In the following bar graphs, lifted from a report issued Sunday to Oppenheimer clients by Ittai Kidron and George Iwanyc, may tell you all you need to know about where the smartphone market is headed.
Keep your eye on the magenta bars representing Apple's (AAPL) iPhone and the light blue bars representing Samsung, the leading vendor of Google (GOOG) Android phones. See who is gaining MORE
Philip Elmer-DeWitt - Nov 14, 2011 10:51 AM ET
Non-techie Warren Buffett buys more IBM shares for Berkshire Hathaway than Watson could probably guess.
By Carol Loomis, senior editor-at-large
FORTUNE -- A tech stock for Buffett? Yes, a very big tech stock, and a walloping part of it, too.
Warren Buffett, CEO of Berkshire Hathaway and up to now a famous avoider of tech stocks, disclosed today on CNBC that his company has accumulated a huge investment in IBM. Berkshire spent about MORE
Nov 14, 2011 9:21 AM ET
The consensus: No Apple iPad killer, but for the price it's not bad
Photo: Amazon
It's inevitable that reviewers will compare Amazon's (AMZN) Kindle fire with Apple's (AAPL) iPad. This works in Amazon's favor in terms of price ($199 vs. $499 and up). This works against Amazon in terms of features, functions, apps, speed, screen size, responsiveness, etc.
Marco.org's Marco Arment: "I expected the Kindle Fire to be good for books, great for MORE
Philip Elmer-DeWitt - Nov 14, 2011 8:16 AM ET
The valuation gap grows wider as traders bet heavily on Jeff Bezos' new tablet
Click to enlarge. Source: Jeff Forsberg
It's hard to say which makes less sense to me: The fact that Amazon (AMZN) is trading at a price that's 114.6 times its earnings over the past 12 months or that Apple (AAPL) is trading at a P/E of 13.9.
We've been watching this disparity grow since last June. That's when MORE
Philip Elmer-DeWitt - Nov 14, 2011 7:32 AM ET
Fortune's curated selection of newsworthy tech stories from the weekend. Sign up to get the round-up delivered to you every day.
* Our review of Amazon's (AMZN) long-awaited Kindle Fire tablet. Is it the tablet market's next great white hope or just a lot of hype? Meanwhile, Jeff Bezos gives Wired's Steven Levy a piece of his mind. (Fortune and Wired)
* A first, inside look at Google X, a top secret lab where the MORE
JP Mangalindan, Writer-Reporter - Nov 14, 2011 1:06 AM ET
Amazon's long-awaited tablet is here. It's not what many expected exactly, but that doesn't mean it's not Amazon's most important product ever.
FORTUNE -- The Kindle Fire isn't a revolutionary device, but it is Amazon's most important product ever.
The culmination of 17 years of work, the Kindle Fire is the missing piece of the company's vast corporate puzzle, bringing into harmony nearly every discordant service the company has built since CEO MORE
JP Mangalindan, Writer-Reporter - Nov 14, 2011 12:01 AM ET
The tablet most likely to succeed against the iPad gets its first hands-on tests this week
Source: Retrevo
Toward the end of a report entitled "Why the Amazon Kindle Fire could be hot this holiday season," which generated the widely-reproduced charts at right, Retrevo's Andrew Eisner adds this caveat:
"As popular as the Kindle Fire appears in this study, whether it lives up to expectations on things like battery life, performance, image MORE
Philip Elmer-DeWitt - Nov 13, 2011 8:20 AM ET
The company turned in solid quarterly results that analysts cheered. But the site's writers are telling a very different story.
FORTUNE -- Demand Media's much-watched transformation continues. Analysts have been encouraged by the Santa Monica, California-based company's recent results. Its freelancers paint a very different picture, though.
Started in 2006, Demand (DMD) was a front-runner in the wave of companies that rushed to find ways of creating Web content on a massive 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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