Slow European sales have caused Apple to reduce its iPhone shipment expectations for the second fiscal quarter ending March by as much as 50 percent, according to published report.
A recently departed Apple senior software developer describes a corporate culture that largely overlooks social software and discourages even official blogging.
Apple executives received significant bonuses that included millions in stock-based compensation for their service to the company during fiscal 2007. Meanwhile, Intel is gaining share on rival AMD, the MacBook Air's SuperDrive may be limited to use with new notebook, and IBM is not yet ready to unleash its Lotus software suites for Apple's desktop and mobile products.
A little-known California company is suing Apple Inc. and satellite phone company Atlantic RT, Inc. for patent infringement after having just recently beat both firms to a new patent covering mobile entertainment and communications devices.
Development of Apple's second update to the Mac OS X 10.5 Leopard operating system continued at a swift pace this week, with new pre-release builds tacking on nearly two dozen fixes and revealing a handful of subtle feature additions.
In a conference call reporting earnings for Apple's fiscal Q1, the quarter ending in December, Chief Financial Officer Peter Oppenheimer announced he was "very pleased to report the best quarter ever" for the company, with revenue of $9.6 billion and net quarterly profit of $1.58 billion, resulting in $1.76 per diluted share.
Tuesday's sharp decline in Apple's share price is just the latest opportunity for investors to buy into or increase their positions in the multi-faceted electronics company, say analysts at investment bank Piper Jaffray.
Shares of Apple Inc. were further battered and bruised on Tuesday evening, shedding over 11 percent of their value after the company guided considerably below Wall Street's expectations for its fiscal second quarter of the year.
During its quarterly conference call Tuesday, Apple outlined a new vision for the iPod touch, saying it hopes the product will mark the beginning of the first true "Wi-Fi mobile platform" rather than continue to exist solely as a high-end extension of its digital media player business.
Apple on Tuesday announced its most profitable quarter in company history, and held a financial conference call with analysts and members of the media. Several notes of interest from the finished call follow:
Apple said Tuesday that first-quarter profits rose 58 percent to $1.58 billion, or $1.76 per diluted share, on sales of $9.6 billion for the three-month period ended December 29, 2007.
Shares of Apple Inc. joined the broader technology sector in a brief free-fall early Tuesday morning as growing fears of a recession and slowing global economy weighed heavily on the Nasdaq stock market.
Investment bank Piper Jaffray on Tuesday reduced its fiscal first quarter iPod sales estimate for Apple Inc. by approximately 2 million units in light of preliminary sales data that suggests December month sales fell slightly short of expectations.
Apple said Tuesday that it has added a new pink iPod nano to its lineup of digital media players just in time for next month's celebration of love.
At last year's Macworld Expo, Apple's dramatic unveiling of the iPhone divided the world into two camps: those who were excited about the state of the art being pushed, and those who were irritated that Apple was the one doing it. This year, the role of the iPhone is being played by Apple's new MacBook Air.
Apple is discussing bringing the iPhone to Thailand, local carrier Advanced Info Service says. Also, British carrier O2's iPhone sales may be low but have tripled store activity, while Japanese press got the world's first taste of unpacking the MacBook Air.
Apple Inc. is in the latter development stages of what could possibly be its most significant 'dot release' of Mac OS X ever.
The exclusivity of Apple's new multi-touch trackpad to the company's MacBook Air family of notebooks won't last long, AppleInsider has learned.
Apple Inc. and video content provider NBC Universal are working to bury the hatchet, according to reports, which suggest that it's only a matter of time before the network's catalog of television programming returns to the digital shelves of the iTunes Store.
As rumored, AT&T on Monday quietly rolled out iPhone plans for business customers, marking the first time it has authorized use of the Apple handset with discounted corporate wireless accounts.
After owners of the first-generation Mac Pro desktop voiced frustration that they couldn't upgrade to the GeForce 8800 GT video card, its creator NVIDIA is pledging an updated version that will work with both new and old Apple towers.
Due to its ultra-thin profile, Apple's new MacBook Air was designed with an integrated 37-watt-hour lithium-polymer battery that is not user-replaceable. Though this has caused some initial concern amongst potential adopters, AppleInsider has learned that the replacement process is quite trivial.
With Macworld Expo 2008 officially winding down today, AppleInsider is wrapping up its coverage of the conference with this four-page photo gallery from the show floor.
Apple's new MacBook Air subnotebook raised eyebrows by using a mysterious new, ultra-compact Core 2 Duo processor. New research, however, reveals it to be a blend of old and new technology designed to make few sacrifices.
MacSpeech at this week's Macworld Expo unveiled Dictate, its new speech recognition and voice command software currently in beta and slated for release mid February. The new product replaces and improves upon the existing iListen.
Parallels, maker of the popular Parallels Workstation software that enables Intel Mac users to run Windows or Linux within a virtualized environment, introduced its new Parallels Server. The new product, intended to enter beta in the next couple months, is designed to virtualize and manage multiple server operating systems on any Intel-compatible hardware.
Wireless carrier AT&T will soon allow Apple iPhones to be registered under corporate and business accounts, according to claims made by one technology blog site.
Google is warning iPhone users about the effects of Apple's v1.1.3 firmware update on Gmail. Meanwhile, EA has announced plans to bring its "Spore" title to the Mac later this year. And BBC is strongly considering offering its iPlayer web video service through the revamped version of Apple TV.
High levels of customer satisfaction with Apple's new Leopard operating system are spurring "explosive sales" of the company's Mac computer line, a new consumer spending survey has revealed.
Microsoft rivals Apple Inc. and IBM Corp. will soon announce a partnership that will deliver a handful of IBM's Lotus software packages for Apple's handheld and Mac products, the Associated Press is reporting.
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AppleInsider Staff
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