It may seem strange to think of productivity app Evernote as a platform, but with 20 million users and 9,000 apps built on the client, the three and a half-year old startup is a veritable apps ecosystem. Beyond this developer ecosystem, the company released five of its own simple and unique Evernote-based apps in the past year: Hello, an app that helps you remember people, Food, and app that helps you remember important meals, Skitch, an app that lets you communicate visually, Peek, an app that utilizes the iPad cover for a novel take on tutoring, and Clearly, an app that makes content easier to read within Evernote.
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In his State of the Union address tonight, President Obama laid out a blueprint for economic recovery, with numerous references to the technology sector. “An economy built to last is one where we encourage the talent and ingenuity of every person in this country,” the President said, with Steve Jobs’ wife (and Instagram’s Mike Krieger) in attendance, That means women should earn equal pay for equal work. It means we should support everyone who’s willing to work; and every risk-taker and entrepreneur who aspires to become the next Steve Jobs.” → Read More
Apple ended last quarter and the year with almost $100 billion in cash ($97.6 billion, to be exact—much of that is held overseas for tax purposes).
What should Apple do with all of that money? They could buy Facebook, which is supposed to IPO at around a $100 billion valuation. But “it is not in Apple’s nature to do big acquisitions,” points out BGC analyst Colin Gillis at the tail-end of this video interview. “In fact, a big acquisition would probably be disastrous for Apple.” He thinks Apple should give some of that money back to shareholders instead through share buybacks or dividends. Watch the rest of the video, as e discuss Apple’s biggest quarter ever. → Read More
Apple blew away expectations in its December quarter, which it just announced this afternoon after markets closed. After trading down 1.6 percent ($7) during the day, shares are up more than 7.8 percent ($30) in after-hours trading to $453. → Read More