BUSINESS
October 19, 2010 | David Sarno
Propelled by huge demand for the latest iPhone model, Apple Inc. on Monday posted tremendous increases in earnings and sales as it overtook BlackBerry's maker in the rankings of smart-phone manufacturers. The tech juggernaut once again trounced analysts' expectations for earnings as well as sales, but its stock slumped in after-hours trading because of an unexpected drop in a key measure of profitability. Still, "the one data point that really jumps out is the stunning iPhone number," said Yair Reiner, an analyst at Oppenheimer & Co. Apple sold 14.1 million iPhones in the fiscal fourth quarter, which ended Sept.
ENTERTAINMENT
April 12, 2010 | By Carolyn Kellogg >>>
When Apple's iPad debuted on April 3, it was greeted in some quarters of the tech world by a chorus of critiques. With no phone, no camera and no multitasking, how could it be revolutionary? And yet, when it comes to the iPad's e-reader, revolutionary is exactly what it might be. It's not just that the iPad is beautiful. Nor is it just that the touch-screen interface is more intuitive than the controls on the plastic shell of the Kindle -- which up to now has been the dominant e-reader.
BUSINESS
April 4, 2010 | By David Sarno
Amid an atmosphere of carefully cultivated euphoria, Apple fans across the country waited in lines Saturday morning, excited to get their hands on the first of Apple Inc.'s new iPad tablet computers. "It's a new member of the family," said Pat Fallis, a Burbank producer who, along with his wife and a friend, had been waiting at the Grove in Los Angeles since 2 a.m. When Fallis was finally allowed into the store, blue-shirted Apple employees greeted him and other customers as though they were football players taking the field at the Super Bowl, with choreographed whoops, applause and high-fives.
BUSINESS
January 29, 2010 | By David Sarno and Alex Pham
When Apple Inc. Chief Executive Steve Jobs showed off the new iPad -- complete with built-in bookstore -- on Wednesday he praised Amazon.com Inc. for pioneering the electronic book business with its popular Kindle reading device. But moments later, the compliment took on an ominous tone when Jobs added, "We're going to stand on their shoulders and go a little further." At first glance, the multimedia iPad -- with its fast, colorful touch screen and built-in Web browser and video player -- would seem to outshine the slower Amazon device.
BUSINESS
January 28, 2010 | By Jessica Guynn
Apple Inc. Chief Executive Steve Jobs sat in a leather chair onstage with all the tech world watching Wednesday as he showed off his much-anticipated and talked-about design marvel. He was placing a risky bet that the company could again change the world of entertainment, but this time adding books. Jobs, clad in his trademark black turtleneck and jeans, called the device "magical" and "revolutionary." He demonstrated the 1.5-pound tablet-style computer, called the iPad, that will let users download and read books, surf the Web, check e-mail, play games, and watch movies and TV shows.
BUSINESS
January 28, 2010 | Michael Hiltzik
Only Steve Jobs could make anticlimax seem so fascinating. After the Apple CEO unveiled his company's most fervently anticipated new product at an invitation-only media event Wednesday, most of the anticipation was left in the bottle. Despite months of hype heralding an entirely novel kind of electronic device, the reality was underwhelming. The iPad resembles a scaled-up iPhone -- without the phone. It's an iPod too big to fit in your pocket yet too small in capacity to hold your entire music collection, with a Web browser featuring excellent graphics but tied to a data network (AT&T's)