On January 24, 1984, Apple introduced the Macintosh. And with it a promise that the power of technology, put in the hands of everyone, could change the world. On January 24, 2014, we sent 15 camera crews all over the world to show how that promise has become a reality.
From sunrise in Melbourne to nightfall in Los Angeles, they documented people doing amazing things with Apple products. They shot over 70 hours of footage — all with the iPhone 5s. Then it was edited and scored with an original soundtrack. Thanks to the power of the Mac and the innovations it has inspired, an effort that normally takes months was accomplished in a matter of days.
There has long been speculation about Apple incorporating a solar panel into its products, both for environmental reasons and to boost battery-life. There have been Mobile-Solar Apple Jobs that have vanished after discovery, tons of patents, trial rumors and of course the Solar effort/expertise on Apple’s Data Centers and new Campus 2 building. This week, Seeking Alpha has a highly speculative piece by Matt Margolis suggesting that the evidence may be mounting for the iPhone 6 being the product Apple uses to bring the Solar idea to market.
Before we get too far into the speculation, it is worthwhile to note that the surface area of an iPhone would hardly be enough to keep a charge let alone recharge a phone even with the most efficient solar technology in labs today. However, all of the evidence weighed together might make you forget all of that ‘science’…
It’s up to unbelievable numbers. The iPhone is used in 97% of the Fortune 500, and 91% of the Global 500, and iPad is used in 98% of the Fortune 500 and 93% of the Global 500 [...] 90% of tablet activations in corporations are iPads. And 95% of total app activations were on iOS … Read more
Just bought $500 mln more $AAPL shares. My buying seems to be going neck-and-neck with Apple's buyback program, but hope they win that race.—
Carl Icahn (@Carl_C_Icahn) January 28, 2014
As Apple opened down nearly 8% following yesterday’s earnings report from the previous quarter, activist investor Carl Icahn announced this morning his third $500 million purchase of Apple stock since the start of the month. Icahn has notably made a lot of noise being vocal toward Apple’s Board of Directors urging a larger buyback program for shareholders, something Apple’s Board has taken a position against, and today’s investment pegs Icahn’s ownership somewhere around $4.1 billion. Icahn’s recent purchases come ahead of Apple’s scheduled shareholder meeting on February 28, 2014. Read more
While Tim Cook and the rest of the Apple board may be content for Apple to take its time in launching new product categories, investors may be less patient, warns BTIG analyst Walter Piecyk. He also argued that neither the Mac Pro nor a rumored larger-screen iPhone 6 would meet market expectations of innovation.
When we upgraded the stock in March, we assumed Apple could announce a new product that would generate $5 billion of revenue in Fiscal 2014. That new product never materialized. We can’t say we are not concerned. For example, when Apple announced the new Mac Pro at WWDC in June, Phil Schiller proudly boasted, “Can’t innovate, my ass”. If that is what the company considers to be innovative then there should be some concern for EPS growth.
Despite Apple returning to growth for the first time in a year, AAPL stock opened almost 8 percent down, as iPhone sales fell below analyst predictions and Apple’s mid-point guidance on Q2 earnings forecast was for zero growth.
Analysts had predicted 55.3M iPhone sales, while Apple reported sales of 51M. Analysts were also disappointed in Apple’s guidance for Q2 of $42-44B, as the mid-point of $43B would not show any growth over the same quarter last year … Read more