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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Mac OS X 10.4 Interface Under Legal Scrutiny

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Date: Tuesday, April 24th, 2007, 09:08
Category: News

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Ensuring that Apple‘s legal department doesn’t get bored, Illinois-based intellectual property agency IP Innovation LLC and its parent firm, Nevada-based Technology Licensing Corporation, have filed suit against Apple according to AppleInsider.
The suit, filed on April 18th in a U.S. district court in Marshall, Texas, is fueled by a four page formal complaint purporting that Apple has infringed on a computer control patent via its sales of the Mac OS X 10.4 “Tiger” operating system. The plaintiff is requesting a jury trial and seeking reparations for perceived damages that “exceed US$20 million”. The suit also seeks an injunction that would prevent Apple from continuing to sell its current edition of the Mac OS X operating system until a future edition without the supposed patent violation is made available.
The patent in question refers to patent 5072412, which has been filed with the United States Patent and Trademark Office and details the technique of creating a window on a computer’s screen with controls that switch between views of multiple associated display objects within that window. Here, one view is erased while the user selects another while still providing a spatial frame of reference as well as the same general interface during this switch.
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Former Apple CFO to Repay $3.5 Million in Stock Options Backdating Scandal

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Date: Tuesday, April 24th, 2007, 09:40
Category: News

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If you can’t beat ‘em, settle. According to the Wall Street Journal, former Apple Inc. chief financial officer Fred Anderson has settled with the Security Exchange Commission on allegations that he backdated stock options during his time at Apple.
Unnamed sources claim that Anderson will both pay a fine of approximately US$150,000 as well as repay option gains of US$3.5 million in exchange for not admitting any wrongdoing.
Anderson, along with Apple’s former counsel, Nancy Heinen, were the focus of an SEC investigation for their part in a January, 2001 stock option grant approved by Apple CEO Steve Jobs. According to a Mercury News article published on Monday, both Anderson and Heinen received options under the grant.
According to the Wall Street Journal, the SEC is expected to pursue a civil lawsuit against Heinen in which Heinen will be accused of self-dealing on the stock option grant in addition to charges connecting her to a separate grant in which 7.5 million stock options were awarded to Steve Jobs. These options had been backdated through falsified minutes of a board meeting that hadn’t actually occurred.
Heinen is expected to contest these charges.

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AT&T to Market iPhone Towards Businesses

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Date: Tuesday, April 24th, 2007, 08:38
Category: News

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An anonymous source close to Cingular, which was recently acquired by AT&T, has stated that in addition to pursuing the consumer markets, the iPhone will appeal to business users. To this end, Cingular is shoring up its backend enterprise billing and support systems in anticipation of when the iPhone ships according to Macworld News.
The idea of pushing the iPhone has confused some analysts, Ken Dulaney of Gartner stating that the device might not be suited towards business.
“Building a phone is one of the most difficult things to do,” stated Dulaney, who also pointed out the iPhone’s shortcomings for business users in the form of a non-removable battery and additional processors, which consumes more battery life than single processor cell phones. The iPhone’s much-anticipated touch screen and lack of buttons would also make the phone difficult to dial while driving, Dulaney noted.
Dulaney also noted a current lack of software applications for the unreleased device, something Windows Mobile and BlackBerry units currently have the market lead on.
Other roadblocks to the iPhone’s success in the business realm exist within the fact that the iPhone’s OS X-based operating system is currently closed off and businesses might not be able to write applications for the device. “Companies like to extend corporate apps to the mobile space and in order to do that you need an open OS,” said Avi Greengart, principal analyst for mobile devices at Current Analysis.
Still, it’s a long way until the iPhone’s anticipated release in June and things may change and develop on their own.
If you have any thoughts on this matter, let us know.

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Apple Begins to Describe Instant Message Features for Mac OS X 10.5

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Date: Tuesday, April 24th, 2007, 08:33
Category: News

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Despite Apple’s announced delay of its Mac OS X 10.5 “Leopard” until an October release, the company is beginning to publicize various features of the operating system. Specifically, an expanded Instant Message framework within iChat 4.0 has become more prominent. In recently published developer documentation, Apple claims that the framework will allow developers to determine whether a specific instant message user is online and then begin using iChat theater sessions to share supporting video and audio content during a video conference according to AppleInsider.
“One of the powerful capabilities that the Instant Message framework gives you is the ability to determine if a contact in a user’s buddy list is online or not. You can also get the Address Book data for that contact as well as other status information,” states online developer documentation. “This information is collectively referred to as ‘presence.’ And once you tap into this presence data, your application can be notified when information about a contact changes.”
iChat 4.0 is also expected to include iChat Theater, which will allow users and other applications to present both audio and video content during the chat session. Files such as a slide show, video feed or graphics can be included into the content. This is made possible by the IMAVManager code used within iChat Theater.
The documentation also covers a new level of scriptability, Apple stating that developers will be able to access iChat’s features via AppleScript to operate nearly half of iChat’s operations that could be performed with a keyboard and mouse.
Further details as they become available.

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Rogue Amoeba Releases Fission 1.5

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Date: Monday, April 23rd, 2007, 12:21
Category: News

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Rogue Amoeba, makers of audio applications like Airfoil and Audio Hijack, has released version 1.5 of Fission, its lossless audio editor for MP3, AAC, Apple Lossless and AIFF audio files.
The new version features full audio insertion support, which allows audio to be copied and pasted into both single or multiple files. A new Gain Adjustment feature allows for individual volumes to be manually increased or decreased and the program now supports cue sheet files, auto-complete Inspector fields, a new Album Artist tag for the Inspector component and several minor bug fixes.
Fission retails for US$32 and can be purchased in a bundle with Audio Hijack for US$50. The program is a 3.1 megabyte download, requires Mac OS X 10.4 or later and is coded as a Universal Binary which can run at native speeds on both PowerPC and Intel-based hardware.

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