Apple on Thursday held a media event at its Cupertino headquarters where it previewed its iPhone 2.0 software, scheduled for release this June, and announced the immediate availability of a beta release of the software to selected developers and enterprise customers.
Apple Inc. will have the final say over which third-party iPhone and iPod touch applications are deemed suitable for release, according to a new report, which also confirms several other suspicions previously waged regarding the firm's upcoming software developers kit (SDK) and its associated policies.
Following a meeting with Apple chief operating officer Tim Cook earlier this week, investment bank Goldman Sachs reiterated a Buy rating on shares of the electronics maker, saying the company's industry leading product cycles should help it overcome softer seasonality and sets the stock up for s strong second half.
Following months of beta testing, Apple Inc. next week will address one of the key weakness of its iPhone handset by introducing improved support for enterprise level e-mail platforms from Microsoft and IBM, according to one Wall Street analyst.
Apple Inc. will hold a special event for analysts and members of the media next week, March 6th, to formally announce plans for its much anticipated iPhone and iPod touch software developers kit (SDK).
Though growth in Apple's iPod unit shipments has been declining since the end of 2006, price cuts like those applied to the iPod shuffle on Tuesday and cheaper Internet-capable models down the line should help the company reverse course and maintain a steady rate of growth through 2009, says one Wall Street analyst.
Now working alongside Apple, Tiny Code, a onetime repository for fixes and updates to some unauthorized third-party iPhone applications, briefly leaked some information this week on the handset maker's plans for distributing authorized applications via its website.
Shares of Apple Inc. slumped further south on Wednesday amid a weakening macroeconomic outlook and reports of additional production cuts affecting not only the company's handhelds, but also its red-hot notebook business.
Apple on Tuesday added new models of the iPhone and iPod touch which have double the memory, doubling the amount of music, photos and videos that customers can carry with them wherever they go.
With market data clearly showing a deceleration in growth of the standalone MP3 player market, Apple Inc. will reportedly strive to maintain growth in its iPod business by introducing a range of cheaper, more innovative models that incorporate touch-screens and multi-touch technology.
Apple knowingly gave up as many as 1.5 million iPhone sales during the holiday quarter to establish the future of the iPod as a mobile device, according to investment note issued on Monday by Needham & Co.
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.
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 a $20 software upgrade for its iPod touch digital media player that adds Mail, Maps, Stocks, Weather and Notes applications to the touch-screen-based device.
{{ summary }}
AppleInsider Staff
Katie Marsal
Slash Lane
Aidan Malley
