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Andoid, China Woes Can't Keep Apple Down February 15, 2012
Apple's stock leaped beyond the $500 mark this week, closing Tuesday at $509.46 amidst a period of continued growth following the strong holiday sales season the company recently reported. Shares have climbed 17 percent over the past month, rising on 11 out of the past 14 days since the company reported its last record-breaking quarterly earnings report.
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Next iPad May Be Quick and Dainty February 14, 2012
Rumors are flying that the iPad 3 will debut on March 7. It will be 4G ready, and it will be available through Verizon and AT&T. The new Apple tablet will be called the "iPad 3." Rumors also suggest that Apple is testing a smaller, 8-inch iPad to compete with Amazon's 7-inch Kindle Fire. The smaller iPad would also come at a lower price than Apple's standard 10-inch model.
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Apple Sends Fair Labor Cops to Knock on Foxconn's Door February 13, 2012
Apple on Monday announced that the Fair Labor Association, an industry group it joined a month ago, would conduct "special voluntary audits" of its final assembly suppliers. These include Foxconn factories in Shenzhen and Chengdu, China. Labor rights experts led by FLA president Auret van Heerden commenced the audit Monday at the Shenzhen facility called "Foxconn City," Apple stated.
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Apple Tells MacBook Pro to Lose a Few February 13, 2012
Apple is reportedly planning a substantial design overhaul for its MacBook Pro line. The company's next generation of high-end laptop computers will be thinner, lighter notebooks that closely resemble MacBook Airs and feature extended battery life. Traditional hard drives will be replaced with flash-memory-based solid-state drives.
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Boycott Apple! Why Apple Is Screwed February 13, 2012
Boy, if there were ever an indication that we're in the post-Steve Jobs years, it was last week when there was a major rally to hold Apple accountable for the poor working conditions at Foxconn in China. Now I'm all for accountability, but this would be like a European country holding a restaurant there accountable for the working conditions on U.S. fishing boats (and there was even a TV show on how bad that job can suck).
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Price Could Be the Next iPad Event's Biggest Surprise February 10, 2012
When Apple will pull the wraps off the iPad 3 has been a subject of speculation for months, but the latest prediction -- that it will be introduced during the first week in March -- appears to be gaining street cred fast. An Apple event will take place the first week in March -- which only has two business days in it -- and probably be held at the Yerba Buena Center for the Arts in San Francisco, according to a Thursday report.
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China and Labor: Apple's Not the Only Problem, But Is It the Only Solution? February 09, 2012
I found CNN's recent report on Foxconn's poor working conditions at a manufacturing plant in China to be astoundingly irritating. Not because they used "Apple" in the headline and focused on the iPad to snag attention. I was irritated because the story, both in print and the video version, totally missed obvious points in order to try to paint Foxconn working conditions as terrible.
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iTV Looms Large February 08, 2012
Apple ended up being the top-selling smartphone vendor for the fourth quarter of 2011, but rumors about an as-yet unconfirmed next-generation Apple TV claimed much of the company's spotlight over the last week. In a note regarding Apple, Jefferies & Co. analyst Peter Misek wrote that Apple stock was a smart buy because the company's next entertainment device, which he called "iTV," is on its way.
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Apple's Dynamic Tension February 01, 2012
A week after Apple revealed record-breaking sales numbers that drove its value to new heights, the company's fans were shown a bleaker image of Cupertino in a recently published news series. The iEconomy series paints a picture of harsh working conditions in some overseas facilities that manufacture Apple products.
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Apple Fans More Likely to Turn a Blind Eye Than Boycott January 31, 2012
A sobering account of conditions at Apple's contract factories in China recently appeared in The New York Times. Essentially, the manufacture of those sleek and sexy devices that consumers love so much has been accompanied by 23 deaths and 273 injuries. In a horrific account of one of the deaths, the Times told of Lai Xiadong, who was severely burned and died of his injuries two days later.
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Apple Does the Money Dance January 28, 2012
pple's first fiscal quarter is usually a big one. The way its financial calendar works out, what it considers Q1 ends on Dec. 31, meaning it covers the entire holiday period, as well as maybe a little back-to-school action. But the numbers Apple posted about its most recent Q1 were in an entirely different class than the usual money bender it wakes up from this time of year.
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Apple's Cook Steamed Over Labor Practices Report January 27, 2012
Since the middle of this week, the buzz about Apple hasn't been so much its record earnings as disclosures of the working conditions its overseas workers endure, as detailed in a recent report that touched on worker deaths, inhumane working conditions, disregard for workers' health, the use of underage workers, and suggestions that Cupertino cares only about cutting costs and maintaining product quality.
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Moving Apple's Moolah Mountain January 27, 2012
Apple surprised Wall Street Wednesday when it revealed it was sitting on cash reserves of nearly $100 billion. Now the question is, what will the company do with it? Apple's successful product lines, which include the iPhone and iPad, have been gushing bucks for months. That's allowed it to build a sizable war chest.
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Latest Patent Volley Against Apple Could Boost Google-Motorola Merger Chances January 26, 2012
Motorola Mobility has filed yet another lawsuit accusing Apple of infringing several of its patents for wireless antennae, software, data filtering and messaging technologies. The suit, filed in the U.S. District Court for the Southern District of Florida this week, follows a similar lawsuit Motorola filed in another Florida court, alleging the same patent violations.
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Rumor Mill Buzzes With Shape - and Size - of iPhones to Come January 26, 2012
The iPhone 5 is headed toward production for a summer debut, according a recent report. The information comes from an anonymous source: apparently the same Foxconn employee who last fall accurately disclosed that Apple was planning a revamped iPhone 4, the 4S, rather than the iPhone 5.
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iPhone Bonanza Drives Apple to Record Quarter January 25, 2012
Few expected Apple to slouch through the 2011 holiday season, but the numbers the company released Tuesday went well beyond the performance most Wall Street watchers had expected, reporting record sales of iPhones, iPads and Macs in Apple's first fiscal quarter of 2012.
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