Apple Posts Q2 Earnings, Posts US$770 Million Profit

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Date: Wednesday, April 25th, 2007, 16:18
Category: News

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On Wednesday, Apple Inc. released its second quarter figures.
According to the Wall Street Journal, a group of Apple board members issued a statement defending Mr. Jobs from accusations tied to the company’s stock-options backdating. The directors said they have “complete confidence” in Mr. Jobs’s “integrity and his ability to lead Apple.” The company stated that it is satisfied with the results of both its own internal investigation as well as the Security and Exchange Commission’s investigation and the board expressed confidence in Jobs’ leadership.
Significant points of the conference call were as follows:
-Apple saw US$5.26 billion in quarterly revenue, up 21.62% over the second quarter of 2006. The company posted a profit of US$770 million, up 88% from the second quarter of 2006.
-The company posted 1,517,000 million Macs and 10,549,000 iPods sold.
-MacBooks accounted for 59% of Macs sold while music products and services accounted for 44% of revenue with the iPod Shuffle proving extremely popular.
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Former Apple CFO Puts Backdating Blame on Jobs

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Date: Wednesday, April 25th, 2007, 10:13
Category: News

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On Tuesday, Former Apple Chief Financial Officer Fred Anderson’s attorney released a statement that CEO Steve Jobs had told Anderson to backdate various stock options.
The statement followed the Security and Exchange Commission‘s announcement yesterday that it had reached a settlement with Anderson in the stock options backdating case. According to Macworld News, the SEC has also charged former Apple general counsel Nancy Heinen with fraudulently backdating stock options.
An internal audit within Apple discovered that while Jobs was aware of the backdating, he did not financially gain from the proceedings and was legally in the clear.
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MacBook Hack Affects Windows Users Too

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Date: Wednesday, April 25th, 2007, 09:23
Category: News

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With the recent hubbub about Dino Dai Zovi’s and Shane Macaulay’s hijacking of a MacBook Pro laptop at the recent CanSecWest security conference, one thing has been overlooked; the hack can affect Windows users as well.
For additional details on the issue, check out Jason O’Grady’s Apple Core blog.
If you have any thoughts on this, let us know.

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zCover Introduces TypeOn PrePrinted Language Keyboard Skin for MacBook

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Date: Wednesday, April 25th, 2007, 08:08
Category: News

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zCover, maker of accessories such as iPod covers, has introduced its TypeOn Preprinted Language Keyboard Skin for the MacBook laptop. Like other skins, this covers the keys to protect them.
What makes the design unique is that the cover features printed lettters which match the letters underneath, providing an additional visual reminder at a glance. The skin is made of washable, durable silicone and is available in a slew of translucent “ice” colors such as clear, blue, green, pink, purple, yellow and opaque white according to Macworld News.
The TypeOn cover retails for US$24.95 before shipping and delivery while the original cover without the printed letters retails for US$19.95.
Where a keyboard cover once seemed about as hip as a pocket protector, as time goes on it’s looking like a better and better idea for my MacBook…

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Samsung Releases 1.8″, 120 GB Hard Drive

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Date: Wednesday, April 25th, 2007, 08:34
Category: News

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Samsung has announced that the company has released its 1.8″ SpinPoint N2, a 120 gigabyte drive that could find its way in handheld portable devices as well as future iPods.
According to Engadget, the SpinPoint N2 spins at either 3,600 rpm or 4,200 rpm, sports an average 15-ms seek time and uses sub-1W power consumption. Production begins in July and samples are being handed out to OEMs. Whether this drive finds is way into the iPod via a contract with Apple or someone finds a way to replace the standard 80 gigabyte drive in their new iPod and replace it with this.
If you have any ideas or comments about this, let us know.

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