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Finance News

Apple Could Receive FASB Approval for Accounting Changes, Remove iPod Touch Upgrade Fees

If you’ve ever been irked at the small charges you’ve had to pay for an iPod touch software upgrade, this may be about to go by the wayside. According to Ars Technica, a rule governed by the Financial Accounting Standards Board, that’s been heavily lobbied for by Apple and other electronics companies, may be enough […]

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Finance News

Apple to Release Q3 Financial Results Today

It’s that time again and Apple has released a media advisory stating that the company will be releasing the financial results for the third fiscal quarter and second calendar quarter of 2009. The results will cover sales from March 28th, 2009 through June 26th, 2009, and will be released at the close of trading (4:00 […]

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Finance

Nvidia Admits to “Ongoing” Failure Problem in Some Notebooks During SEC Filing

Graphics processor firm Nvidia formally stated that some notebooks utilizing its chips continue to have “failure” issues, in a filing with the Securities and Exchange Commission on Wednesday. Per cnet, Nvidia stated that though it does not continue to see “abnormal failure rates” in systems using Nvidia products,” some notebooks are still affected. “We continue […]

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Finance

Apple Announces Q2 Financial Results, Reports US$1.21 Billion Profit

Amidst strong iPhone and iPod sales, Apple Inc. reported a US$1.21 billion profit for its second quarter despite Mac sales being down 3% for the quarter compared to last year. “We are extremely pleased to report the best non-holiday quarter revenue and earnings in our history,” Peter Oppenheimer, Apple’s CFO said during the conference call […]

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Finance

iPhone/iPod Sales Create Flash Memory Shortage

We’re kind of all to blame for this one – or at least everyone who went out and snagged an iPod or iPhone. The guys over at Macworld U.K. are reporting that flash memory prices have climbed 20% in the last two weeks. The article cites electronics wholesaler Chinavision.com, which has stated that the increased […]