Piper Jaffray analyst Gene Munster was right. The iPhone 3GS didn’t sell as well as the iPhone 3G did during its launch weekend last year. But it did quite a bit better than he thought. In an investment note issued this morning, Munster estimated the company sold 750,000 iPhones over the weekend.
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Interesting turn of events in the Apple-Psystar spat. The unauthorized Mac clone maker has filed for bankruptcy. Seems Psystar’s acrimonious legal battle with Apple and the souring economy have had a deleterious effect on its finances.
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A new study reveals that one in four Americans drive while texting. Plus CES adds more Mac stuff.
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If Macworld isn’t on its last legs after Apple’s withdrawal from the event, the Consumer Electronics Association is clearly hoping the annual Apple-only convention soon will be. The group, which hosts the Consumer Electronics Show in Las Vegas every January, said Thursday that it is expanding the amount of show floor space dedicated to Apple.
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So that mysterious media tablet Apple’s rumored to be developing? It exists, but it probably won’t ship until 2010. This according to Piper Jaffray analyst Gene Munster, who offers up a heaping pile of grist for the Apple rumor mill in a new research note today.
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Those store-within-a-store Apple boutiques that have been appearing in Best Buys around the country may soon start popping up in Wal-Marts as well. That’s the word from Ben Reitzes, an analyst with Barclays Capital, who believes the retailer hopes to add the Mac to the PC lines it peddles.
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A look back at the week during which approximately 40 percent of the posts were about Twitter. Or at least it seemed that way.
BoomTown got the ball rolling by making a visit to Twitter HQ bearing pies. During a video tour of the premises, Biz Stone discussed rock stars and booze, and spilled the secret of the strange green deer.
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Repudiating claims that Blockbuster intended to file for bankruptcy earlier this month, spokesperson Karen Raskopf said the troubled video rental chain has “lots of plans to grow our business.” If inking a video-on-demand deal with a declining DVR pioneer is one of them… well, that’s not much of a plan, is it?
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Apple’s plan to preview iPhone OS 3.0 tomorrow is a sure sign that the company is on track to debut the next iteration of the phone on which it will run this summer. That’s the word from Piper Jaffray analyst Gene Munster, who has high expectations for the OS and device both.
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Brave guy, Yair Reiner, for singlehandedly assailing the “Macs are more expensive” myth (or truism, depending on your particular world view). In a research note on Apple’s new desktops, the Oppenheimer analyst compared, spec-by-spec, the new iMac, Dell’s XPS One 24 and Hewlett-Packard’s TouchSmart IQ800t and concluded that the iMac offers a better value.
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There’s a critical vulnerability in Adobe Reader and Acrobat and at least one zero-day exploit for them in the wild already. Yet Adobe won’t have a fix in place until March 11, and then only for Adobe Reader 9 and Acrobat 9. Patches for earlier versions of the software will arrive sometime after that.
Two and half weeks or longer to wait for a critical patch.
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Looks like the econalypse is finally catching up with Apple. Though the record revenue and profit the company posted for its fiscal first quarter led many to conclude it was recession-proof, new metrics from Piper Jaffray suggest that Apple, too, is suffering from these economically challenging times. In a report to clients this week, Piper Jaffray’s Gene Munster said Mac sales are on a pace to decline on a year-over-year basis for the first time in six years.
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Morbidly inclined investors and business media can speculate all they like about Apple CEO Steve Jobs’s health and Apple’s future with or without him, but in fact, the company has never been healthier. Apple just reported a blowout quarter.
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