It happened once before, in August, but that was due to a stock market collapse that left both Exxon and Apple well below their usual share price. This time, however, it would seem that Apple’s Q1 earnings call yesterday has led to a fresh spike on the stock market and what do you know?
Apple is once again the most valuable publicly traded company in the world, with a market cap of $414.83 billion. → Read More
The guys from NimbleBit (developers of Tiny Tower, the game handpicked by Apple as iOS Game Of The Year) are on a bit of a tweeting spree tonight, blasting out two big ol’ gems of knowledge in as many hours.
First: Zynga just launched a new iOS game, and it looks a lot like Tiny Tower. Second (and this one makes that first bit all the more interesting): Zynga allegedly tried to buy NimbleBit at some point in the past, but NimbleBit turned them down. → Read More
Simply looking over the numbers, it might be hard to wrap your head around what Apple just announced for their Q1 2012 results. A company this big is not supposed to be able to nearly double revenue year-to-year. Nor are they supposed to more than double profit. But Apple did both. The numbers are so big that they almost seem like they should be typos — especially coming after a quarter that was a “miss” (though we can now clearly see what a joke that “miss” was). So perhaps it’s best to point out some bigger numbers and to frame some of them in ways to make them easier to understand. That’s what all of Twitter seemed to be doing anyway during the earnings call this afternoon.
Apple’s profit of $13.1 billion was equal to their revenue in Q4 2010, as Jordan Golson notes. To be clear, that was just a year and a quarter ago. That’s how quickly Apple is growing.
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I’m not a huge fan of schlepping around needlessly when I can do most of my shopping from the comfort of my chair, but Apple fans don’t seem to have much trouble going to their local Apple store when the urge strikes. According to their recent earnings call, 110 million people went to an Apple store in Q1, which breaks down to roughly 22,000 customers per Apple store per week. → Read More
Apple TV is still a hobby. The word comes from Apple’s Chief, Tim Cook who nevertheless championed the company’s current offering. He stated that Apple sold more than 2.8 million Apple TV units last fiscal year with 1.4 million moved within Q1 2012 (a new record for the device).
“Our Apple TV product is doing quite well… but in the scheme of things, we still classify Apple TV as a hobby. We continue to add things to it. If you’re using the latest one — I don’t know about you, but I can’t live without it. Other than that, no comment.” said Cook. → Read More
We’re still a few minutes out from Apple’s Q1 2012 earnings call — but as is par for the course, the raw numbers have made their way out a bit early. And they.. are… insane.
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In a conversation with WIRED UK’s David Rowan on stage at the DLD Conference in Germany, Dropbox CEO Drew Houston acknowledged that he did in fact have a “great meeting” with the late Steve Jobs in 2009.
Houston said about the get-together that Jobs had heard of them and asked to meet with him. Even though he was generally gracious, Houston said, Jobs expressed that he felt Dropbox was more of a feature than a product or business and gave him a “bit of a hard time” about that. → Read More
As I watched Apple’s iBooks event in New York City last week, my mind began to race about the ramifications of such announcements. Everyone had a pretty good idea for weeks (or months if you read the Steve Jobs biography) that textbooks would be a focal point for Apple, but there wasn’t much thought given to what this would mean. During the event itself, I just kept thinking, “wow, Apple just incentivized every college student to get an iPad”.
Except, they didn’t. Not yet. → Read More
While the once long list of legitimate reasons to jailbreak your iPhone has taken a hit with each new iOS release, that burning desire to “Free your device” and/or “Fight the power” and/or “Just do crazy stuff that other people can’t do” never really goes away.
3 months after the release of the iPhone 4S and 10 months after the release of the iPad 2, the ridiculously talented iOS hacking community has finally cracked the ultimate challenge for both devices: the untethered jailbreak. → Read More
The future was supposed to be all about swooping through pixellated cities, the crepuscular computer ghost-light arcing through the Aurignacian canyons of Neo Tokyo as we trailed our enemies into the dark. Instead we get some of the coolest map visualizations I’ve ever seen with a few social media tricks thrown in to make a very cool mapping platform called UpNext. You win some, you lose some.
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Next week a class-action civil lawsuit will be heard in San Jose to determine if Google, Apple, Pixar, Lucasfilm, Adobe, Intel, and Intuit conspired to eliminate competition for skilled labor. In anticipation of the hearing, TechCrunch has obtained evidence from the Department of Justice’s investigation in 2010 which was made public this evening for the first time. It appears to support the plaintiff’s case that the defendant companies tried to suppress employee compensation by entering into “no poach” agreements. → Read More
With the shift from print books to digital books come a few nasty side effects. Sure, it’s much easier much easier to acquire and read books when you don’t even have to get out of your chair, but those digital copies can be cracked and disseminated for free with only a little more effort.
As ebook sales expand, so does ebook piracy, so I have to wonder if Apple’s concerted efforts in creating a new kind of iBook experience will open them up to unwanted attention from digital pirates. → Read More
Today at Apple’s education event, the company introduced iBooks 2, a textbook platform that effectively transforms $200 textbooks into iPad apps at a much more reasonable price. But of course, a textbook platform isn’t worth a thing without the educational powerhouse publishers behind it.
Luckily, the first up to the bat on the iBooks 2 platform are names we know well: Pearson, McGraw Hill and Houghton Mifflin Harcourt. They’re responsible for 90 percent of the textbooks sold. → Read More
The days of the $500 college textbook bills are, it seems, over. With Apple’s announcement of iBooks 2, the world of textbooks is changed forever.
Education is a hard nut to crack. There are bright spots and clever new ideas, but technology hasn’t quite figured out how to do a better job than the “old ways.” That’s why Apple’s decision to launch iBooks 2 and the attendant editing tools is so important: it tears down a number of entrenched technologies while maintaining the scaffolding of familiarity. It leaves the stuff that works and saves the schools, students, and parents money and time.
In short, it stabs the publishing industry while it embraces it, ensuring that its old methods are no longer profitable but offering it new tools to go forward. Whether they survive the initial thrust, though, is anyone’s guess.
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At Apple’s education event today, the company revealed a number of compelling stats regarding iPad use in the education and learning space. Apple’s SVP of Marketing Phil Schiller announced that there are currently 20,000 education and learning applications that have been built for the iPad.
He added that 1.5 million iPads are currently in use in educational institutions and schools. Obviously, Apple is looking to increase this number, which is why the company is partnering with publishing houses and innovating on iBooks to offer more a more student-focused and education-friendly experience.
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FixYa, a product Q&A site, took a look at its own holiday stats to collect some facts about many major cell phones and tablets including iOS and Android devices. The conclusion? iPhone owners tend to be most interested in fixing battery and call quality problems on Android users found a number of screen issues including freezing and problematic interfaces.
They also found that the iPad had far fewer support questions than the aggregate number of Android tablets. Obviously the cohort they surveyed isn’t very statistically useful, but they were able to grab quite a few percentages based on page views of various support questions.
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After Walter Isaacson’s magnum opus, do we really need yet another book about Apple? Yes, I think we do. Whereas Isaacson wrote the authorized biography of Jobs, the journalist and author Adam Lashinsky has written a most unauthorized and, in some ways, unpalatable book about Jobs’ company which gets Inside Apple and explains How America’s Most Admired – and Secretive – Company Really works. → Read More
My Dad used to take me to Long’s Bookstore on the Ohio State University campus when I was young – I’d say this was during the 1980s and very early 1990s although in my mind these afternoons spent on campus are tinged with a 1970s wash out of color, as if I were remembering my time in Kansas before Oz. We’d rumble through the stacks, picking out used titles from the basement that were beaten and worn by years of the students’ buy/read/return-for-a-pittance cycle so common at universities. Most of the books there were, obviously, but Long’s stocked quite a bit of ephemera including my favorite Mad Magazine digests and sci-fi.
Long’s is now a Barnes & Noble, its handsome neon sign taken down during a massive restructuring of OSU’s student core. Most of the old book stores are gone. The local head shop, Monkey’s Retreat, turned into a Taoist center. Long’s and its competitor, the University Book Exchange, are gone. Even Larry’s, where I went to poetry readings as a petulant high-schooler is gone. To paraphrase Joni Mitchell, they paved paradise and put up a Quizno’s.
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Back in fall 2010, Apple filed suit against Motorola alleging that the company was violating several of its patents with its flagship line of Droid smartphones, all of which run Android. The case was filed with the US International Trade Commission — a favorite battleground for these smartphone suits, as it has the ability to block potentially infringing devices from import into the United States.
Today, Motorola has gotten some good news: the ITC has released its initial determination on the case, and it is ruling in Motorola’s favor. The news was first broken by CNet. As the CNet article reports, this is only an initial determination, and won’t become final until it’s been voted on by the ITC’s full committee. → Read More
You’ve just got to love the timing. First, Apple announces their education-focused media event smack dab in the middle of CES. Now, just as CES is winding down, Bloomberg has “three people familiar with the product” spilling purported details on the next iPad. Whether or not Apple won CES without even being there, they’re certainly trying. → Read More
