For once, the amateurs and the professionals are in agreement
iPod sales hit 22.7 million in the Christmas quarter of 2008 and have been going downhill, with seasonal spikes, ever since.
The quarter that ended nearly three weeks ago is likely to continue that trend, according to the 43 analysts -- professional and amateur -- we polled in advance of our quarterly earnings smackdown.
For once, the two groups are in agreement. According MORE
Philip Elmer-DeWitt - Jul 15, 2011 6:28 AM ET
The appetite for cool software is increasing, and customers are willing to pay more for it
Apple's (AAPL) business model is increasingly dependent on the health of its App Store, the rich breeding ground of the company's software ecosystem, and a report to clients issued Monday by Piper Jaffray's Gene Munster suggests that the ecosystem's vital signs are good.
Apple only releases data about the App Store when it serves its interest MORE
Philip Elmer-DeWitt - Jul 11, 2011 6:42 AM ET
Apple's latest press release manages to do it four times in seven paragraphs
In its missives to the press, Apple (AAPL) is usually content to repeat its favorite buzz words -- "incredible," "amazing," "exciting," "revolutionary" etc. -- to drive home how amazing and incredible the company is, especially compared with its humdrum competitors.
But the announcement issued Thursday takes Apple's penchant for banging and banging and banging its own drum to new MORE
Philip Elmer-DeWitt - Jul 7, 2011 11:26 AM ET
Apple and its main supplier of memory chips seem headed for "ugly divorce," says expert
The legal battle began in April when Apple (AAPL) filed a suit in California accusing Samsung of "slavishly" copying its iPhone and iPad designs has gone nuclear.
After trading suits and counter suits in several legal venues, from South Korea to the U.K., Samsung on Thursday took its case to the U.S. International Trade Commission in Washington. MORE
Philip Elmer-DeWitt - Jun 30, 2011 6:33 AM ET
Android, at 11%, pales by comparison. The iPad, per device, is the biggest data hog of all
According to a report released Wednesday by Meraki, a San Francisco-based company that provides wireless networking to 17,000 small and medium-sized organizations, from MIT and UVA to Starbucks and Burger King, 2011 was the year that mobile devices overtook PCs as the major consumers of Wi-Fi data.
In a one-month period in 2010, Microsoft (MSFT) MORE
Philip Elmer-DeWitt - Jun 22, 2011 6:11 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.
* TechCrunch reports that Facebook has an HTML5-based mobile Web store in the works that iPhone and iPad users can access via their Safari browsers. Eighty third party developers, including Zynga, are supposedly working on the project. "Why? Because it's the one area of the device that Facebook MORE
JP Mangalindan, Writer - Jun 16, 2011 10:51 AM ET
Instead, students this year get the usual 10% discount and a $100 software gift card
We always thought of the iPod touch that Apple (AAPL) offered students as part of the company's annual "Back to School" sale as the equivalent of a narcotics dealer's free sample: a gateway drug that left users craving for an iPhone.
To the dismay of much of the class of 2011, Apple has dropped the popular loss MORE
Philip Elmer-DeWitt - Jun 16, 2011 9:31 AM ET
iPod touches are OK in special circumstances, but only if you buy at least 250 units
Earlier this spring, the folks at WTVD-TV, the local ABC affiliate in Durham, N.C., had a bright idea. To drum up interest in the station -- and raise its profile on Facebook, Twitter and Google Buzz -- it organized a sweepstakes contest and gave 11 lucky winners the hottest prize in consumer electronics: an Apple MORE
Philip Elmer-DeWitt - Jun 1, 2011 4:03 PM ET
Less than three years after it opened for business, the App Store hit the half-million mark
Here's a nice round number likely to be trotted out at the Apple's (AAPL) Worldwide Developers Conference in June.
Sometime after midnight Tuesday morning, the iTunes team pushed through a batch of app submissions that sent the total over a six-figure milestone. In 34 months, Apple has approved more than 500,000 iPhone, iPad and iPod touch MORE
Philip Elmer-DeWitt - May 24, 2011 6:38 AM ET
Sales were up 83% and earnings up 92% on 18.65 million iPhones and 3.76 million Macs
As expected, Apple (AAPL) reported record second quarter earnings Wednesday, blowing past its own guidance and Wall Street's expectations in everything but iPad sales.
"With quarterly revenue growth of 83 percent and profit growth of 95 percent, we're firing on all cylinders," said Steve Jobs in a prepared statement that said nothing about those iPad numbers. MORE
Philip Elmer-DeWitt - Apr 20, 2011 5:01 PM ETEvery morning, discover the companies, deals and trends in tech that are moving markets and making headlines. SUBSCRIBE
Receive Fortune's newsletter on all the deals that matter, from Wall Street to Sand Hill Road. SUBSCRIBE
Covering the digital giants of Silicon Valley and beyond, an in-depth look at enterprise companies, and the startups disrupting them. Emailed twice weekly. SUBSCRIBE
Anne Fisher answers career-related questions and offers helpful advice for business professionals. SUBSCRIBE
| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.17 | 0.19 | 2.72% |
| Ford Motor Co | 10.41 | 0.22 | 2.16% |
| Microsoft Corp | 29.11 | -0.65 | -2.18% |
| General Electric Co | 19.18 | 0.00 | 0.00% |
| JPMorgan Chase and C... | 34.26 | 0.25 | 0.74% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,496.15 | -6.66 | -0.05% |
| Nasdaq | 2,850.12 | 11.04 | 0.39% |
| S&P 500 | 1,318.86 | 2.23 | 0.17% |
| Treasuries | 1.76 | 0.04 | 2.27% |
| More than 30% of mortgage borrowers still underwater | ||
| Facebook's IPO: Sorting through the legal mess | ||
| HP to cut 27,000 jobs | ||
| HP prepares to announce mass layoffs | ||
| Stocks set to open higher |