Here’s an interesting data point from Apple’s recent 10-K filing with the U.S. Securities and Exchange Commission: The company has budgeted $1.9 billion in capital expenditures for fiscal 2010. That’s 70 percent more than the $1.1 billion it spent in 2009. What does Apple plan to do with those additional funds?
“We’re eagerly awaiting Apple’s Tablet and the answer to the question of whether there really is a very large market for stand-alone eReaders. We think there is…we see people carrying around stand-alone Readers all the time…they’re called books.”
– Mark Mahaney, Citi Investment Research
The econalypse may be winding toward its end, but for Apple it evidently never even started. Shares in the company spiked more than $12, or more than six percent, to $202 in early trading Tuesday as investors celebrated another of the company’s great quarters.
Apple’s September quarter saw, among other things, the release of Snow Leopard, the latest upgrade to its OS X operating system and the first public appearance of CEO Steve Jobs, who’d been on a medical leave of absence for a liver transplant. It was also the first full period since the company launched the iPhone 3GS in late June. No wonder it was a blowout quarter.
Sometimes life’s irony smacks you in the face. Sometimes BoomTown smacks you with it instead.
To be taken with a grain of salt: Apple’s long-rumored tablet will arrive at market early next year and will feature a 10.6-inch panel designed with e-books in mind. This according to the occasionally accurate DigiTimes.
Kara was half James Bond, half Indiana Jones in the cities and jungles of BoomTown this week. She jet-setted, jet-lagged and still managed to report on a genuine cougar fight.
Though it’s not available for purchase and its specs and form factor aren’t yet known, Apple’s mythical tablet device is in high demand. In fact, according to an RBC Capital/ChangeWave survey, many of us would buy one, given the opportunity and the right price.
Well, what do you know? Like Apple, Microsoft is also developing a tablet computer. It’s called “Courier” and it’s remarkably different from what Apple is imagined to be cooking up.
Those Apple tablet rumors just never let up, do they? Not a week after the company’s latest media event and they’re already back in force. The latest, from China Economic News, claims the device is being prepped for a February debut at a price somewhere between $799 and $999.
The week ending Aug. 21 began Aug. 17 with another round of digital musical chairs–BoomTown reported that David Dickman, VP of West Coast sales for Yahoo, will be leaving the company at the end of the month for Warner Bros. to work in digital sales. Also, after a five-month tour of Europe and its finer Web establishments, Yahoo seems poised to name a new international head.
It has happened every September since 2005, and in a few short weeks it will happen once again. Apple is indeed planning a keynote event for the week of Sept. 7. And according to sources close to the company, the date is Wednesday, Sept. 9. Sadly, it will not feature the tablet device the company is rumored to be developing.
John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper.
Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.
Best video mashup ever.
A Facebook Memorial
Wow.
Worth it for the Rickrolling photo alone.
Excellent.
Flughumor!
… you vacuous, toffee-nosed, malodorous perverts
Stephen Fry and zoologist Mark Carwardine meet the kakapo — a fat, flightless and very randy rare parrot.
Spectacular in the bellowing Russian sailor sense of the word …
“If you spell something wrong on your insurance claim, do you really deserve surgery? I don’t think so …”
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