April 27, 2012
Re "Apple's profit nearly doubles," Business, April 25 The article describing the profits of Apple is but one of several such announcements of record profits in many industries that appear in newspapers regularly. This at a time when most of our citizenry is struggling to keep their heads above water. The discrepancy is so apparent that one wonders at the bewildering confusion of voters during this electoral season. Russell Blinick Encino
August 28, 2012
Re "High stakes after Apple verdict," Aug. 26 The article closes with a quote from Santa Clara University assistant law professor Brian Love, who said that technology companies should "take all the money they are spending on lawyers and experts and instead invest that money in research and design. " Great in theory, but once you spend all that money and effort and produce a revolutionary product such as Apple's iPhone, and then the guy down the street copies all your best ideas, what are you supposed to do?
July 24, 2012 |
Here's one aspect of Steve Jobs' legacy that Tim Cook, his successor at the helm of Apple, must be hating Wednesday: the company's reputation for lowballing its sales and profit estimates. The company found itself in the odd position of reporting better results than it had projected -- and, more objectively, higher quarterly sales and profits than the year before -- yet having its stock hammered in after-hours trading. Why? Because analysts had predicted much higher sales and profits, and thus were surprised and disappointed.
December 22, 2012
Apple borsellini Total time: 2 hours, 15 minutes, plus macerating and cooling times Servings: 12 Note: Kitchen string is required for this recipe. 4 pounds tart apples, such as Granny Smith, peeled, cored and cut into ¾-inch cubes 1 cup granulated sugar 1/4 cup plus 2 tablespoons dark brown sugar 1/4 cup plus 2 tablespoons (¾ stick) butter 2 vanilla beans 2 tablespoons cornstarch 1/4 cup plus 2 tablespoons apple juice 1/2 teaspoon ground cinnamon 1 teaspoon grated nutmeg Prepared puff pastry, refrigerated 2 egg whites, lightly beaten 1/2 cup cinnamon sugar (½ cup sugar plus 1 teaspoon ground cinnamon)
February 15, 2012 |
Apple has some explaining to do -- to Congress. On Wednesday, Democratic Reps. Henry A. Waxman of Beverly Hills and G.K. Butterfield of North Carolina penned a letter to Apple Inc. Chief Executive Tim Cook, requesting information on Apple's iOS app developer policies and suggesting that perhaps Apple could be doing more to secure iPhone users' private information -- specifically the email addresses and phone numbers they keep in...
July 29, 2011 |
Apple Inc. may not have more money than God. But it's got more cash than Uncle Sam. As the government struggled to reach an agreement on raising the debt ceiling, the U.S. Treasury's cash balance fell to $74 billion this week. That's less than the $76 billion that Apple now has in cash. It's not terribly likely that the government will ask Apple Chief Executive Steve Jobs for help. But it wouldn't be the first time the government has asked for a bailout from an industry mogul.