Apple Update October 15th-21st

This page provides a report of all important updates and discussions involving Apple Inc. between October 15th and October 21st.

Tuesday, October 21st

  • Apple released it's Q4 results, showing a 26% increase in profit from a year ago on revenue of $8 billion. Apple sold almost 7 million iPhone 3G's in the fiscal fourth quarter alone! Here is another article discussing this in a little more detail.

Jobs went on to try to assuage concerns about how the current economic uncertainty might affect the company, citing that Apple has almost $25 billion in cash "safely in the bank and zero debt."

Apple has now sold more than 13 million iPhones, beating its goal of selling 10 million with two months left to spare. Today, the company announced it sold 6,892,000 iPhone 3Gs during the fiscal fourth quarter, representing more than five times as many first-generation devices it sold in the year-ago period. “Apple just reported one of the best quarters in its history, with a spectacular performance by the iPhone—we sold more phones than RIM,” CEO Steve Jobs boasted in a press release.

Monday, October 20th

  • Despite the overall positive response received from Apple's media event last week, many Apple fans are upset that Apple removed the Firewire port from their new MacBook. For many companies, this would not be a very big deal, something that they could just ignore. However, given Apple's extremely dedicated fan base, it may be in their best interest to analyze the situation carefully. Here is an example of just one of these petitions. If you are interested about reading more about the FireWire port and it's relevance, check out this article.

Friday, October 17th

  • Today, Greenpeace International commended Apple for their efforts reducing toxic emissions.

While Apple and other top electronic companies still face many challenges on the road to truly green electronics, it can only be a good thing to see a top CEO and high profile a public figure as Steve Jobs devoting significant time to environmental concerns at Apple.

Thursday, October 16th

Apple® today announced that all four of the major networks are offering primetime programs in stunning high definition on the iTunes Store, including viewer favorites “Grey’s Anatomy” and “Lost” from ABC, “CSI” and “CSI: Miami” from CBS, “Bones” and “Prison Break” airing on FOX, and “Heroes” and “The Office” from NBC Universal. The iTunes Store is the world’s most popular online TV store with over 200 million TV episodes sold, including more than one million HD episodes purchased since the launch of HD programming on iTunes last month.

  • When reading the Wall Street Journal today, I overcame an article discussing Google's new phone, the G1. Google teamed with T-Mobile to make this new phone, which some say may be the first real competitor to the iPhone. So far, companies have not been very successful in competing with the iPhone's dominance, however, this may be the phone to do it.

I have been testing the G1 extensively, in multiple cities and in multiple scenarios. In general, I like it and consider it a worthy competitor to the iPhone. Both devices run on fast 3G phone networks and include Wi-Fi. Both have smart-touch interfaces and robust Web browsers. Both have the ability to easily download third-party apps, or programs.

Wednesday October 15th

  • This article debates how Apple's new line of laptops will fare in America's current recession.

So, now that the current round of rumors may be put to rest, what does the future and the holiday season hold for Apple? By all accounts of the crowd at the notebook event, the reactions to the new laptops was very positive. Will the $999 MacBook continue to be a best-seller or will Apple have to dive deeper into netbook price territory?

Tuesday, October 14th

  • Apple announced that it is nearing in on 10% market share in the computer industry.
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