Oct. 20, 2010 at 4:10 p.m.
Filed under:
Computers,
Software,
Technology,
Updated
By Reuters
Apple's new ultralight MacBook Air laptops will start at $999. (Getty Images)
Apple CEO Steve Jobs unveiled the thinnest, lightest Mac laptop yet with features borrowed from iPhones and iPads, hoping to grab more market share from Microsoft’s Windows PCs.
The new MacBook Air starts at $999, weighs as little as 2.3 pounds (1 kg), and measures 0.11 inches (0.3 cm) at its thinnest to 0.68 inches (1.7 cm) at the rear. It is designed to replicate the versatility of popular devices like the iPhone and iPad on its venerable computer line, and will incorporate Facetime video chats and an apps store.
Running on flash storage like the iPad rather than hard drives like conventional computers, it can power up instantly and store data twice as fast, executive said. Get the full story »
Oct. 20, 2010 at 11:44 a.m.
Filed under:
Consumer electronics,
Technology
By Reuters
Verizon Wireless, the No. 1 U.S. mobile service, plans to sell Samsung Electronics’s Galaxy Tab for $30 less than Apple Inc’s iPad, but analysts say the new tablet computer is priced too high. Get the full story »
Oct. 19, 2010 at 11:19 a.m.
Filed under:
Earnings,
Technology
By Reuters
(AP Photo/Paul Sakuma, file)
Apple shares sank as much as 6 percent on Tuesday on disappointing iPad shipments and margins, but most analysts remained bullish on the stock, expecting a buoyant holiday season and sensing a buying opportunity.
Apple’s quarterly results were “solid,” but were “disappointing given the almost giddy investor sentiment heading into earnings and its recent history of trouncing expectations on almost every line,” Oppenheimer said in a client note.
Apple posted a better-than-expected profit helped by iPhone sales, but margins and iPad shipments came in below expectations during the fiscal fourth quarter. Get the full story »
By Reuters
(Reuters/Robert Galbraith)
Apple Inc. easily surpassed profit and revenue forecasts again but supply bottlenecks curbed iPad sales to below Wall Street’s bullish targets, sending its shares more than 6 percent lower.
Weaker-than-projected gross margins and iPad shipments disappointed investors who had expected more from a company that had smashed Wall Street’s targets in each of the past eight quarters.
Some analysts said sales of the iPad, which began only in April, should ramp up in the current quarter as the company resolves hitches in the supply chain. Get the full story »
Oct. 14, 2010 at 10:05 a.m.
Filed under:
Cell phones,
Consumer news,
Wireless
By Reuters
(Ryan Anson/AFP/Getty Images)
Verizon Wireless will join rival carrier AT&T in selling Apple Inc’s iPad later this month, showing it may move closer to disrupting the tight relationship between the device maker and AT&T.
All three models of the popular tablet computer, which comes with Wi-Fi access, will be available at Verizon Wireless stores as well as AT&T stores from October 28, the companies said. Prices will range from $629 for the 16-gigabyte (GB) model to $829 for the 64 GB model at both of their stores. Get the full story »
Oct. 13, 2010 at 2:26 p.m.
Filed under:
Computers,
Investing,
Stock activity,
Updated
By Reuters
Apple Inc.’s shares cruised past $300 for the first time as investors anticipated another strong earnings report from the iPhone maker next week. Get the full story »
Oct. 13, 2010 at 9:45 a.m.
Filed under:
Consumer electronics,
Investing,
Retail
By Associated Press
Wal-Mart Stores Inc.’s warehouse unit Sam’s Club will sell Apple’s iPad and iPhone.
The world’s largest retailer said at an investor meeting in Wednesday it is expanding Sam’s Club electronics and jewelry sections and will carry the popular tablet computer. Get the full story »
By Associated Press
Apple Inc.’s stock flirted with $300 Tuesday as investors high on the iPad’s promise pushed shares to a record peak. Analysts see few reasons to believe shares will stop there. Get the full story »
Oct. 12, 2010 at 12:00 p.m.
Filed under:
Consumer electronics,
Consumer news,
Retail,
Updated
By Reuters
Wal-Mart Stores will start selling Apple’s iPad tablet computer this Friday.
Wal-Mart said the iPad will be available in hundreds of its stores in the United States to start, expanding to more than 2,300 outlets by mid-November.
Wal-Mart rivals Best Buy and Target are already selling the iPad, which Apple launched in April. Get the full story »
