The very, very sad news that Steve Jobs is no more. Steve passed away Oct 10 in California. His passion and vision were second to none. The world is already missing him.
Apple has a home page remembering him and a place to leave comments and thoughts.
Steve Jobs rest in piece. We miss you and your passion.
The Apple campus event introduces the iPhone 4S a super new iPhone that looks identical to the existing iPhone 4 but with totallt revised inside. Yes Apple has ripped the guts out of the iPhone 4 and replaced it with a new CPU and radio chips and will launch on Oct 14 with iOS 5 as the iPhone 4S.
This in some way confirms up belief that Apple is at heart a Software Company that happens to make the greatest devices the world has ever known.
As widely expected Apple has just emailed invitations for a media event next Tuesday Oct 4th. The event to be held on the Apple campus rather than down-town is billed as ‘Lets Talk”. This dove tales with the rumours of extensive voice activation and control on the iPhone 5.
Bunch of releases today claiming that Mr Cook will take to the stage on Oct 4 to announce the next iPhone. The main leak seems to originate from our friends All things Digital over at the Wall St journal. They seem pretty convinced that Apple will hold an event on Oct 4 to announce the Apple iPhone 5.
Of course like all things Apple until we see the Invitation this is just another rumour.
iTunes in the Cloud is now available in Beta to US iTunes subscribers. You need the latest versions of iTunes and iOS.
You can now tell each of your devices to automatically download any purchases you make. This ten delivers the content: Song, App, Video, Book that you have purchased from iTunes on one device to all your other devices. This frees you from having to connect devices to iTines and synch material.
We just happened to see this in iTunes as an on-line advert. We have not seen or read about this release. Is it just a sample of users who can see it or is it in general release as a Beta product.
The news today is that Steve is stepping down as CEO and will be followed by Tim Cook. Steve is ill and has been suffering from cancer for some time and has been on extended leave for a number of periods. We have to assume that his illness is not abating and is hampering his abilities to run Apple.
Leaving Mr Cook is charge is a smart move. As COO he has managed the operations of Apple as it has grown with the huge success of the iPhone and iPad. He has managed the transition to a high volume consumer focused company.
The stock took a dive on the news but has since clawed the loses back.
Steve’s letter is below:
CUPERTINO, Calif.-(BUSINESS WIRE)-To the Apple Board of Directors and the Apple Community:
I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.
I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.
As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.
I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.
I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.
Steve
Yet another screaming quarter from the boys at Infinity Circle. Yes, once again Apple exceeds even the most optimistic revenue forecasts. After the close yesterday Apple reported revenue of $28.57 billion with per-share earnings of $7.79, the market was expecting $24.9 B and $5.80 per share.
A quick calculations shows that amounts to a 34% over estimate hit.
So where did the money come from?
iPhone sales are still massive with 20.3 million for the quarter. While the iPad sold 9 and a quarter million units during the quarter. The ramp up in production to meet the demand has been steady. A few months ago the wait was 2-3 weeks, now is it a matter of days.
The Mac line of business is also doing rather well with total units shifted 3.95 million units representing a 14% Y o Y growth. Some potential customers may have been delaying a purchase in light of the pending release of Lion, the new Mac Operating System. The wait is over as Lion ships today.
The humble iPod line was the only category to see a decline is sales and managed to find only 7.5 million new clients. With the continued expansion of the iPhone volumes there is less call for having a separate music player. Sales dropped 20% Y o Y.
We quite like our Nano powered watch.
Read the full release at Apple website:
With a 2% rise on Friday – July 15th – the stock closes at $364.92
According to a post from Tiawan The U.S. International Trade Commission (ITC) has announced the initial ruling of a patent complaint filed by Apple against HTC, saying the world’s No. 5 smartphone maker has infringed 2 of Apple’s 10 patents related to portable electronic devices.
Following the ITC’s ruling in the U.S. on Friday, HTC issued a statement saying it has received notice of the ITC judge’s initial findings in the lawsuit filed in March 2010 between the two companies, but that HTC does not yet have access to the judge’s full opinion and analysis to determine the details of his judgement.
Grace Lei, general counsel of HTC, said HTC is highly confident that it has a strong case for the ITC appeals process and is fully prepared to defend the company’s interests by using all means possible.
“We strongly believe we have alternate solutions in place for the issues raised by Apple,” Lei said. “We look forward to resolving this case, so we can continue creating the most innovative mobile experiences for consumers.”
On July 6, HTC announced the acquisition of S3 Graphics Co., Ltd. for US$300 million (NT$8.66 billion) in cash from VIA Technologies Inc. and WTI Investment International Ltd. It said it expects the deal will strengthen its intellectual property portfolio and bring in benefits for HTC in its patent lawsuit with Apple.
As part of the ITC’s investigation, the trade commission has already ruled that Apple has infringed on the patents of S3 Graphics. The final ruling is expected to be announced in November this year.
In response to the acquisition, however, Apple filed a second complaint against HTC on July 11, which claimed HTC was infringing on another five of its patents involving software architecture and user interface
Apple targets Taiwan based HTC with a myriad of new patent based disputes and asks the ITC to ban imports of HTC products into the US. This is Apple on the war path. Only months after resolving issues with Nokia with a cross licensing deal, HTC is on the receiving end of Apple’s legal teams anger with Apple claiming that the company is infringing 20 patents “related to the iPhone’s user interface, underlying architecture, and hardware.
“We can sit by and watch competitors steal our patented inventions, or we can do something about it. We’ve decided to do something about it,” said Steve Jobs, Apple’s CEO. “We think competition is healthy, but competitors should create their own original technology, not steal ours.”
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