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VIDEO: Schmidt pours praise on Apple, Steve Jobs

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http://online.wsj.com/media/swf/VideoPlayerMain.swf

In this clip, Google CEO Eric Schmidt talks about technology, his relationship with Apple and Steve Jobs.  He also told Businessweek that Apple and Google have recently extended their search partnership.

Apple is a company we both partner and compete with. We do a search deal with them, recently extended, and we’re doing all sorts of things in maps and things like that. So the sum of all this is that two large corporations, both of which are important, both of which I care a lot about, will [remain] pretty close. But Android was around earlier than iPhone.

Among other highlights in this (really interesting) interview:
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iPad blamed as netbook component costs claim price hike

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Apple competitors in the are reeling as the iPad effect grabs a chunk of sales and threatens to raise netbook component prices, principally display prices.

Display prices may rise if screen makers get their way. That’s because of increasing demand for displays, prices for which have already fallen to cost levels. Indeed, manufactuers are increasingly more interested in the fast-rising tablet market than they are in the netbooks and notebook markets.
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AAPL Patent Watch: Advances in iPhone photography

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Apple constantly invents and reinvents, files patents and attempts to weave its advances into new generations of device to amuse and amaze the Apple faithful, today in AAPL Patent watch we present you with a new technology which could spearhead Apple’s move to take a big slice out of the digital photography market and another which basically just makes iPod nanos even more nano.
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New York Transit begins iPhone as wallet trials

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[youtube http://www.youtube.com/watch?v=of2GBIqP9eA&fs=1&hl=en_US]

Look I’ve been bleating on ad infinitum about how your iPhone will one day be your wallet — now over at the real world, New Yorkers may soon pay for their travel fares with a flick of their iDevice.

Visa has just launched a new pilot scheme in which New Yorkers can pay for subway, bus and train fares with their iPhone.
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BBC warns parents about in-app purchasing by kids

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[youtube http://www.youtube.com/watch?v=jK-fnAnLX3o&fs=1&hl=en_GB]

Hey we’re just hearing this from the BBC so it must be true, but it looks like some of those iPhone apps out there aimed at kids may sometimes manage to fool children into making in-game purchases using a grown-up’s credit card. We also have Apple’s response to this.


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Will Intel Apple's Light Peak catch on?

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[youtube=http://www.youtube.com/watch?v=izNoF1SWtSg&w=670&h=401]

Intel’s optical connectivity standard Light Peak may not be a huge success once the company begins offering it to PC makers, but as a technology it could open the door to future furiously fast optical interconnects extending all across the gamut of the consumer and the professional/server markets, an engineer from an unnamed “top-tier” PC company said today.
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Apple's latest touch patent puts sensors everywhere on iPads, iPhones…

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Apple creates amazing devices, sometimes you can’t help yourself and feel compelled to simply touch them, to feel their delicate electromagnetic chemistry shimmer under the contact with your skin. Almost like they’re alive.

No, this isn’t now, silly, but it sure will be a hallmark of Apple’s products of the future,
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iPad is highest-scoring product ACSI has ever seen, report

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Speaking of the change-everything iPad as I seem to from time-to-time AT&T has some interesting wit and repartee for us — alleging there’s already over half a million iPads on its US 3G network — meanwhile the survey results are in and the iPad is (I can feel blushes in Cupertino) the highest-scoring product a leading consumer satisfaction index has ever tracked.
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Apple is a mobile money-making machine

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The below chart is so telling, showing as it does Apple’s slice of mobile industry profits in comparison to its actual sliver of a slice of the mobile industry itself.

With this in mind, Canaccord Genuity today began offering coverage of AAPL stock, citing a buy rating and rather stonkingly high $356 per share price.

The analysts have astutely spotted that not only can Apple create innovative products, it also knows how to make money selling them.

Via: Apple 2.0 @ Fortune


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