One of Steve Jobs' strengths as a public speaker is his showman's sense of timing.
Like a magician who knows he has one last rabbit up his sleeve, he delivers his famous keynotes with a twinkle in his eye. Even if you are pretty sure what his "one more thing" is going to be -- and you are never 100% certain -- he makes you wait for it.
Which is why the MOREPhilip Elmer-DeWitt - Jan 2, 2009 11:04 AM ET
Perhaps it's because expectations are so low. Or maybe it's because nobody really knows what's going on with Steve Jobs' health. But less than a week before the start of Macworld 2009, the lead story on Techmeme's news aggregator Wednesday morning was about a device that Apple (AAPL) is reportedly readying for release next September, at its annual iPod event.
The mystery device is the long-rumored iPod tablet -- an oversized MOREPhilip Elmer-DeWitt - Dec 31, 2008 9:49 AM ET
If it was Steve Jobs' intention to take the wind out of Macworld's sails, he's done a pretty good job.
"Expectations are low," wrote Piper Jaffray's Gene Munster in a note to clients early Tuesday, one week before the first Macworld Expo keynote since 1997 that won't be delivered by Apple's charismatic CEO. "No significant new products are expected."
"Fairly modest" is how Kaufmann Bros.' Shaw Wu described investor expectations for the MOREPhilip Elmer-DeWitt - Dec 30, 2008 12:08 PM ET
AT&T (T) on Saturday began offering refurbished iPhones for the lowest price yet seen in the United States:
$99 for a black 8GB iPhone 3G (refurbished)
$199 for a black 16 GB iPhone 3G (refurbished)
The price points are not entirely unexpected. For several weeks before Christmas, Apple (AAPL) blogs were buzzing with rumors that Wal-Mart (WMT) would be selling a new version of Apple's iPhone at the magical $99 price.
But it was MOREPhilip Elmer-DeWitt - Dec 27, 2008 10:11 AM ET
Traders may be punishing Apple (AAPL) for Steve Jobs' decision to skip his annual Macworld keynote -- rekindling fears about his health in the wake of his 2004 surgery for pancreatic cancer -- but analysts who follow the stock closely generally agree that those fears have been overblown.
Kaufman Bros. Shaw Wu is the latest to weigh in on the issue. In a note to clients Tuesday, he acknowledges that Jobs MOREPhilip Elmer-DeWitt - Dec 23, 2008 2:03 PM ET
"We are in the early stages of changing roles in Apple's management structure," Piper Jaffray's Gene Munster wrote last week in the wake of Steve Jobs' decision to hand the Macworld keynote over to senior vice president Phil Schiller -- a move Munster characterized as "a clear message that a leadership shift is underway."
In this analyst's scenario, Jobs stays on as CEO -- "the irreplaceable face of Apple" -- but MOREPhilip Elmer-DeWitt - Dec 20, 2008 10:30 AM ET
The news this week that Apple's CEO would be skipping Macworld triggered the usual jitters about how he's feeling -- sending shares down nearly 6% over the next two days.
The issue was raised in hundreds of news stories and analyst reports. Oppenheimer & Co. withheld its Apple (AAPL) price target pending some answers about the state of Steve Jobs' health -- a matter of intense speculation since his 2004 operation for MOREPhilip Elmer-DeWitt - Dec 19, 2008 8:34 AM ET
Apple (AAPL) may have dropped nearly 7% on the news that Steve Jobs is blowing off Macworld, but according to Bullish Cross' Andy Zaky, investors should be happy he did.
In an unpublished analysis of the company's last four major press events -- starting with Macworld 2008 and ending with October's Spotlight on Notebooks -- Zaky documents a pattern that's become increasingly self-destructive.
"All of Apple's media events," he writes, "are MOREPhilip Elmer-DeWitt - Dec 18, 2008 6:38 PM ET
Several analysts rushed out overnight updates after Apple's surprise announcement Tuesday that Steve Jobs won't be delivering his usual Macworld keynote next month. (See here.)
But Yair Reiner at Oppenheimer & Co. did something we've never seen before.
Not only did he downgrade Apple (AAPL) to "perform," or neutral, but he withheld his 12 - 18 month price target for the stock -- replacing it with a big NA -- until he MOREPhilip Elmer-DeWitt - Dec 17, 2008 12:11 PM ET
Truth is, nobody outside Steve Jobs' inner circle knows why Apple's CEO won't be giving his annual Macworld keynote this year.
The news broke Tuesday afternoon, and by dawn Wednesday just about every reporter who follows the company had filed a story. Techmeme's news aggregator listed 104. Google News had 779.
I haven't read them all, but I've read enough to know that nobody has talked to Jobs or been given the MOREPhilip Elmer-DeWitt - Dec 17, 2008 8:44 AM ET
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