Apple (AAPL) and Google (GOOG) have teamed up for the reported $500M-plus bid for bankrupt Kodak's (EKDKQ.PK) patents, Bloomberg reports. The two companies - part of rival consortia this summer in an auction for the patents - are likely working together with a goal of neutralizing infringement lawsuits. [View news story]
i like Joe's comment about closed-door meetings and smoke-filled boardrooms. For us long-term holders of what I at least think is a solid company, and even one that can yet still be a growth company, to see it's price whip-sawed around as if it were a day-trader's thrill can be more than a little disconcerting. I'm reminded of "the next big thing," and the present markets fascination with orgasmic innovations. Remember when the printed and bound book was the idea to make the world change? What more can our brains accommodate!
Apple (AAPL) has fired the manager behind the mapping software which put a cloud over the iPhone 5 release, reports Bloomberg. Maps manager Richard Williamson was let go by Senior VP Eddy Cue, who recently was put in charge of Maps and Siri amidst a management shakeup that saw the departure of iOS chief Scott Forstall. [View news story]
Originally, upon hearing of the Maps debacle, I checked in my iPhone 4S once I had upgraded to iOS 6, and did find some peculiarities: The Metropolitan Museum of Art, at 1000 Fifth Avenue, was situated in the middle of Central Park - and directions to it took me all the way to the west side and into the park! And I live on Manhattan's East Side - just 6 blocks from the museum.
But I have noticed that those directions have been corrected, and Maps guides you directly to the correct location.
The only thing I really miss is the photo of the destination; Google was great at that. Although wasn't there some privacy issues with that?
Apple (AAPL) investors need to take a breather, says BTIG, downgrading the stock to Neutral from Buy, despite its expectations for another consensus-destroying quarter. Topping concerns is the sustainability of the iPhone price ($600) given the post-paid wireless industry's plan to slow the pace of phone upgrades. Shares -1.4% premarket. [View news story]
I suppose this article commits the sin of asking us to just take a breath for a while, but let's not forget that as a consumer products company Apple is still a producer of multiple products, and not just the iPhone and the iPad - have we forgotten the iPod, the seed that seems to have sprouted this hydra head of prosperity? - and that more than profitability Apple has been making markets by being ahead of them for some time now. We shall be surprised. Can we take it? The company is certainly doing something right. The real Jobs legacy is that Apple grows and creates its own markets, and doesn't follow anyone. Comments?
Apple (AAPL) and Google (GOOG) have teamed up for the reported $500M-plus bid for bankrupt Kodak's (EKDKQ.PK) patents, Bloomberg reports. The two companies - part of rival consortia this summer in an auction for the patents - are likely working together with a goal of neutralizing infringement lawsuits. [View news story]
Apple (AAPL) has fired the manager behind the mapping software which put a cloud over the iPhone 5 release, reports Bloomberg. Maps manager Richard Williamson was let go by Senior VP Eddy Cue, who recently was put in charge of Maps and Siri amidst a management shakeup that saw the departure of iOS chief Scott Forstall. [View news story]
But I have noticed that those directions have been corrected, and Maps guides you directly to the correct location.
The only thing I really miss is the photo of the destination; Google was great at that. Although wasn't there some privacy issues with that?
Apple (AAPL) investors need to take a breather, says BTIG, downgrading the stock to Neutral from Buy, despite its expectations for another consensus-destroying quarter. Topping concerns is the sustainability of the iPhone price ($600) given the post-paid wireless industry's plan to slow the pace of phone upgrades. Shares -1.4% premarket. [View news story]