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Friday Edition
Friday - January 27, 2012
Since the middle of this week, the buzz about Apple hasn't been so much its record earnings as disclosures of the working conditions its overseas workers endure, as detailed in a recent report, which touched on worker deaths, inhumane working conditions, disregard for workers' health, the use of underage workers, suggestions that Cupertino cares only about cutting costs and maintaining product quality, and allegations of infighting among senior management at Apple over these issues. [More...]

Friday - January 27, 2012
Apple surprised Wall Street Wednesday when it revealed it was sitting on cash reserves of nearly $100 billion. Now the question is, what will the company do with it? Apple's successful product lines, which include the iPhone and iPad, have been gushing bucks for months. That's allowed it to build a sizable war chest. [More...]

Thursday - January 26, 2012
The iPhone 5 is headed toward production for a summer debut, according a recent report. The information comes from an anonymous source: apparently the same Foxconn employee who last fall accurately disclosed that Apple was planning a revamped iPhone 4, the 4S, rather than the iPhone 5. [More...]

Thursday - January 26, 2012
Lately I've found myself more frequently irritated and dissatisfied with my Mac than ever before. This is a weird feeling, made all the more powerful by the fact that Mac OS X Lion is the most useful operating system ever. With a simple two-fingered swipe on my Magic Mouse, I can flick my entire screen to a whole new desktop view, and with a swipe in the other direction, go back. [More...]

Wednesday - January 25, 2012
Few expected Apple to slouch through the 2011 holiday season, but the numbers the company released Tuesday went well beyond the performance most Wall Street watchers had expected, reporting record sales of iPhones, iPads and Macs in Apple's first fiscal quarter of 2012. [More...]

CUPERTINO BUSINESS REPORT
Apple Schools Wall Street
Wednesday - January 25, 2012
Apple on Tuesday revealed exactly how explosive holiday sales were for its iPhone 4S. The latest version of the company's smartphone packed enough dynamite to double Apple's earnings in its first fiscal quarter of the year and blow the company right past its previous sales records. The company reported a rise in net income to $13.06 billion, or $13.87 per share, compared to a net income of $6 billion a year ago. [More...]

Tuesday - January 24, 2012
Apple's iBooks textbook initiative, launched just last week, has clearly struck a chord in the market. Ditto its accompanying textbook authoring tool, iBooks Author. Both have taken off at a significant pace, according to a report by Global Equities Research. More than 350,000 textbooks have been downloaded via iBooks over the past three days. [More...]

Monday - January 23, 2012
I must admit, I felt a bit duped by the description of the Numberlys app after I bought, downloaded and launched the app. I was expecting something bigger and longer that would appeal more to adults. Something gorgeous, imaginative, and slightly dystopian with an uplifting ending. What I got was something gorgeous, imaginative, and slightly dystopian with an uplifting ending. Just not something huge. [More...]

Friday - January 20, 2012
Apple's release of some new tools for the education market has the potential to transform both the teaching and learning experiences in the nation's schools, according to William Rankin, an academic at the forefront of bringing technology to the college campus. [More...]

Thursday - January 19, 2012
Apple has entered the textbook world with free apps for creating and managing e-textbooks. Apple SVP of Worldwide Marketing Phil Schiller took the stage at the Guggenheim Museum in New York City Thursday to present iBooks 2 for iPad, a product that manages digital textbooks, and iBooks Author, a tool designed to help authors produce textbooks for the iPad. [More...]

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