Apple (AAPL) stock continued to demonstrate relative strength today as it extended its uptrend to yet another new 3-year high.
A group of disgruntled ex-resellers lead by Tom Santos have filed their fourth amended complaint against Apple in the Superior Court of Santa Clara. A copy of the complaint can be found on the group's website, TellOnApple.org.
According to yesterday's New York Post, Apple CEO Steve Jobs may be preparing to form a new film company. Macworld UK notes that the report claims that a group of New York investment bankers are busy drawing up plans to combine Jobs with Miramax co-founders Bob and Harvey Weinstein to form a new film company.
Apple today announced that more than 250 million copies of QuickTime 6 have been downloaded in less than two years since its release. QuickTime is Apple's industry-leading, standards-based software for developing, producing and delivering high-quality audio and video over IP, wireless and broadband networks.
Apple today announced that Fred D. Anderson, Apple’s former executive vice president and CFO, has been elected to the Company’s Board of Directors. Anderson retired on June 1 and was succeeded by Peter Oppenheimer as chief financial officer.
Apple Computer seeded developers on Monday with yet another external build of Mac OS X 10.3.4 Panther, which carries build number 7H63.
Continuing to wrap up the development of Mac OS X 10.3.4, Apple seeded developers yesterday with build 7H60 of the system update.
During a keynote speech at this week's Software & Information Industry Association's Enterprise Software Summit in San Francisco, Apple's Chief Technology Officer, Avie Tevanian, promised a decline in the company's rigorous Mac OS X update schedule following the release of Mac OS X 10.4 Tiger, due by year's end.
Apple Computer Inc. has created a new division within the maker of the Macintosh computer to sell its popular iPod, the market leading digital music player, the company said on Wednesday.
According to DigiTimes, "in June, Quanta will begin delivering new notebook models to Hewlett-Packard (HP), Apple Computer, NEC and Sony, further helping the company expand its notebook shipments for the second half."
Apple Computer on Friday began testing changes it has made to its popular Software Update mechanism, which is built into versions of the Mac OS X operating system.
This morning's "iTunes Music Store Anniversary Conference Call" with Apple CEO Steve Jobs provided a routine recap of the company's music store operations, objectives, and expectations for the following year. A list of the most interesting segments from the meeting include:
Apple today announced financial results for its fiscal 2004 second quarter ended March 27, 2004. For the quarter, the Company posted a net profit of $46 million, or $.12 per diluted share. These results compare to a net profit of $14 million, or $.04 per diluted share, in the year-ago quarter. Revenue for the quarter was $1.909 billion, up 29 percent from the year-ago quarter. Gross margin was 27.8 percent, down from 28.3 percent in the year-ago quarter. International sales accounted for 43 percent of the quarter’s revenue.
"Apple Computer on Tuesday shut down its manufacturing operations in Elk Grove, idling a reported 235 workers as it attempts to cut costs in the cut-throat computer-making business," according to a breaking story first reported this afternoon by The Sacramento Bee.
New Mac OS X and Cocoa Features
As expected, today Apple began a promotion to clear inventory of Apple Cinema Display's and Power Mac G5's.
Sources: Low Display Inventory