An excerpt from a pre-Macintosh presentation in which he formulates a favorite analogy
Jobs in 1980. Source: Computer Museum
In Revolution in the Valley, Andy Hertzfeld tells the story of how Steve Jobs and Rod Holt tried to change the code name of the new computer they were building from "Macintosh" to "Bicycle."
Apple (AAPL) had recently taken out a two-page ad in Scientific American that quoted Jobs comparing personal computers to MORE
Philip Elmer-DeWitt - Dec 14, 2011 11:36 AM ET
The chip maker reigns supreme in the PC and server markets, but it's failed to crack mobile. It wants to change that.
FORTUNE -- In an effort to speed up development on tablets and smartphones, Intel is forming a new business unit, the mobile and communications group. The group will be led by Mike Bell and Hermann Eul (two current Intel executives), and is made up of four existing divisions: mobile MORE
Michal Lev-Ram, writer - Dec 14, 2011 10:14 AM ET
Bank of America's brokerage division picks winners and losers for the year ahead
Click to enlarge.
The tablet market is "still in its infancy," writes Merrill Lynch's Scott Craig in a note to clients Wednesday, with "years of solid growth ahead."
But that growth is not evenly distributed, and in his report Craig and his colleagues single out seven winners and seven losers.
The winners: (I quote)
Amazon (AMZN): We expect strong sales of the MORE
Philip Elmer-DeWitt - Dec 14, 2011 10:05 AM ET
The struggling streaming company's stock surged on rumors Verizon might acquire it. But there are plenty of better suitors out there.
By Kevin Kelleher, contributor
FORTUNE -- The rise of Netflix took years, but the fall is taking much less time. After enjoying a steady increase in its stock price from $5 a share in late 2002 to $305 a share this summer, the stock has plunged back to $73 a share MORE
Dec 14, 2011 9:13 AM ET
The new deadline in a key Apple vs. HTC patent infringement case is Monday, Dec. 19
HTC Incredible S
There are six more days of nail-biting ahead for Apple (AAPL) and HTC.
A final decision on a closely watched case before the International Trade Commission that was due on Dec. 6 and then postponed to Dec. 14 has been postponed once again to Monday, Dec. 19.
This is a big one.
In the worst MORE
Philip Elmer-DeWitt - Dec 14, 2011 6:25 AM ET
New rugged tablets marry the flair of the iPad to the brawn of a Mack Truck.
FORTUNE - An Apple iPad can be a handy tool to bring to work -- unless, of course, your job is managing an offshore oil rig or handling insurance claims in the middle of a hurricane. Enter a new breed of so-called rugged tablets, designed to meet the computing needs of folks who require something MORE
Michal Lev-Ram, writer - Dec 14, 2011 5:00 AM ET
Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and ever
"What we see is that youth are pretty much fed up with iPhones. ... Also, many are not happy with the complexity of Android and the lack of security. So we do increasingly see that the youth who want to be on the cutting edge and try something new MORE
JP Mangalindan, Writer-Reporter - Dec 14, 2011 3:00 AM ET
Dated April 1, 1976, it gave 45% each to Jobs and Wozniak and 10% to Ron Wayne
The three signatures.
Steve Jobs was having trouble getting his friend Steve Wozniak to agree to commercialize his new circuit board, so Jobs invited an Atari draftsman he had befriended help change Wozniak's mind, write up some incorporation papers, and provide a tie-breaking vote should disagreements between the two Steves arise.
Wozniak was persuaded, and MORE
Philip Elmer-DeWitt - Dec 13, 2011 2:34 PM ET
Bernstein's top Apple analyst joins the chorus questioning the stock's dismal valuation
Click to enlarge.
Last week, Morgan Stanley's Katy Huberty noted that Apple's (AAPL) current stock price suggests that the market is expecting the company's earnings to grow minus 2% in perpetuity. (See here.)
In the first of a two-part series, Bernstein's Toni Sacconaghi on Monday drilled a little deeper into that -2% growth rate and found a series of what MORE
Philip Elmer-DeWitt - Dec 13, 2011 7:58 AM ET
Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and every day.
* AOL CEO Tim Armstrong is reorganizing the Internet company. Its dial-up services will be merged with Web services, which includes AOL Instant Messenger. The other three divisions will include advertising, local services, and the Huffington Post media group. (Bloomberg)
* Amazon's Kindle Fire has come under, well, fire, over some MORE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.24 | -0.06 | -0.86% |
| Ford Motor Co | 12.26 | -0.48 | -3.75% |
| Frontier Communicati... | 4.22 | -0.25 | -5.59% |
| Juniper Networks Inc... | 21.62 | -0.75 | -3.33% |
| Cisco Systems Inc | 19.59 | -0.24 | -1.21% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,663.49 | -71.14 | -0.56% |
| Nasdaq | 2,812.82 | 7.54 | 0.27% |
| S&P 500 | 1,315.83 | -2.60 | -0.20% |
| Treasuries | 1.91 | -0.02 | -1.09% |
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