Tag: Apple (Page 6 of 10)

FTC Commends Schmidt For Stepping Down

The FTC HQ.We reported earlier today that Eric Schmidt officially stepped down from his position on Apple’s Board. Now the FTC, which has been investigating Google and Apple for competition issues, has issued a statement commending Schmidt for his decision.

Bureau of Competition Director Richard Feinstein had this to say: “We have been investigating the Google/Apple interlocking directorates issue for some time and commend them for recognizing that sharing directors raises competitive issues, as Google and Apple increasingly compete with each other. We will continue to investigate remaining interlocking directorates between the companies.”

Sounds like the FTC got their wish when Schmidt stepped down. My guess is we won’t hear much more from them on this.

The FCC is another matter entirely. They’re the folks investigating the Google Voice snafu, which promises some sort of fireworks. Apple’s got itself in a fairly sloppy situation by blocking GV Mobile, which provides access to services people would find useful on the phone. Keep your eyes peeled on this one.

Eric Schmidt Resigns From Apple’s Board

Google CEO Eric Schmidt.Eric Schmidt stepped down from his position on Apple’s board today, amidst scrunity about the two companies’ internal dealings. In early July Schmidt said he would reconsider his position in light of the announcement of Google Chrome OS, which will directly compete in another Apple market.

In a statement today, Apple CEO Steve Jobs had this to say:

Unfortunately, as Google enters more of Apple’s core businesses, with Android and now Chrome OS, Eric’s effectiveness as an Apple Board member will be significantly diminished, since he will have to recuse himself from even larger portions of our meetings due to potential conflicts of interest.

Jobs also said now was “the right time” for Schmidt to take his leave.

Google’s CEO had some very polite words concerning his time at Apple. “I have very much enjoyed my time on the Apple Board,” he said. “It’s a fantastic company. But as Apple explained today, we’ve agreed it makes sense for me to step down now.”

It’s always hard to watch a breakup, but even more difficult when it’s two parties who you thought were so good together. Maybe now Schmidt will feel like he has the freedom to push Apple to allow more of his apps on the iPhone. I would like that very much.

Apple Floats Through a Tough Quarter

Apple is shining bright.Apple’s giving the recession the finger as they coast through their fiscal Q3 with massive earnings. Everyone expected them to post big earnings from new iPhone sales, but most folks put Mac in a slump. In fact, a lot of analysts expected the company as a whole to be down on last year’s earnings. Instead, Apple blew past last year’s figures to post some relatively impressive numbers.

One the whole, they’re up 13% over fiscal Q3 of last year. How’d they get there? Well, they sold 5.2 million iPhones this quarter, a solid 7 times what they sold in the same period last year. Overall you’re talking about a $1.23 billion net profit, compared to a meager $1.07 billion from last year.

Even the Mac line, where analysts predicted Apple would be slowest (and ineed they were) is up 4% in sales numbers over last year. Revenues from Mac are down 8 percent though, as the company lowered prices in this quarter to shore up sales in the face of competitive advertising and falling educational sales.

The company’s most impressive figure was their new iPhone/iPod touch installed base, which is sitting somewhere around 45 million. That’s a massive base for a wildly popular device, particularly in such a short period of time. And we can only expect that number to grow. Apple plans to have an iPhone in China within a year.

The letdown of this story? No appearance from Jobs, who has yet to show up publicly since his return. Granted, this was a conference call earnings report, but still, it would be nice to…hear him?

Source: Reuters

App Store Hits 1.5 Billion Downloads

Apple's runaway app store.It’s really becoming a year among years for Apple. The super-trendy company was once a sleeping puppy in a den of wolves, quietly wooing customers to the questionable promise of a more stable lifestyle. Since then they’ve released the Kleenex of the MP3 player market and turned tens of millions to the iPhone. Just three months ago their app store hit 1 billion downloads and just this month the store had its first birthday.

Today marks another milestone for your favorite fruity company. According to an Apple press release, the app store has reached 1.5 billion downloads to date. We already know Apple’s iPhone as host to the fastest growing development community in the world, sending coders on a rite of passage with dreams of hitting it rich. Those quasicultish seekers have made more than 65,000 apps available in 77 countries around the world.

Our congrats to Apple. May your useful apps continue to improve and your frivolous apps continue to make us scratch our heads as we look at the download counts.

You can read the full press release here.

Rumor Central: Apple to debut $800 tablet this October

Apple NetbookAccording to MacRumors, Apple plans to debut a netbook this October. The rumor has the netbook display measuring 9.7 inches and touchscreen enabled. Here’s MacRumors take on things:

Taiwanese news site InfoTimes reports [translation] that Apple is slated to debut its long-rumored netbook this October. Taiwanese companies Foxconn, Wintek, and Dynapack have reportedly received orders from Apple related to the manufacturing of the new device.

The report notes that Apple is looking to adopt a 9.7-inch touchscreen for the new netbook, slightly smaller than the 10.1- or 10.2-inch screens typically used at the large end of the netbook range.

According to reliable information, Apple will not follow the current market trend (by producing netbooks with screens about 10.2 or 10.1 inches in diagonal length.) Instead, Apple will produce screens with about 9.7 inches in diagonal length. Touch screen will be installed. Wintek will be the main manufacturer of the touch screen.

Exact pricing remains unknown at this time, but the inclusion of a touchscreen and Apple’s history of refusing to compete at the lowest price points suggest that the netbook may be priced at around $800.

Because Apple will adopt touch screen technology on its netbooks, Apple will not target low-end consumers, avoiding direct competition with Acer, Asus, as well as their less-than-500-dollars netbooks. Apple’s netbook (or a “tablet” as many call it,) will probably be sold at around $800 USD each.

Apple has repeatedly stated that although it has been looking at the growing netbook market, it is not interested in releasing a low-end netbook product that produces an inferior user experience as current products do. Other sources have recently “confirmed” that an Apple netbook is in the works, but claim that it will not arrive until 2010.

My take? I wouldn’t be surprised at all to see a netbook or tablet coming from Apple soon. The netbook market seems mature enough now that Apple can step into the ring. Apple is never first into any market; they always seem to wait and see how things progress then take whatever has been done and do it better. They aren’t always better, but there’s no question that they usually push innovation.

My concern with it is that at $800, are they really going to compete in the netbook market? It just sounds too pricey. Acer, Dell, and Asus are all producing faster, lighter, more reliable, and cheaper netbooks. And at $250 – $400 a piece, who would want to pay double that?

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