Apple

Another analyst lowers earnings estimates for Apple

Update at 8:52 a.m. PDT, with additional information from the research note and charts.

A Wall Street analyst on Monday lowered earnings estimates for Apple's fiscal second quarter and year, marking a second whack from a financial soothsayer in the past few days.

Doug Reid, an analyst with Thomas Weisel Partners, lowered Apple's fiscal second-quarter earnings estimates from $1.10 a share to $1.05 a share. Its fiscal second quarter ends in late March. For the fiscal year, Reid cut estimates from $5.31 a share to $5.10 a share, according to his research … Read more

Apple denies second round of layoff rumors

For the second time in a week, Apple has denied rumors that it has laid off workers.

On Friday, Valleywag reported that a tipster informed it of layoffs in the Mac Hardware and Pro Applications group, describing Apple's Cupertino, Calif., headquarters as having "lots of security around" and saying "it seems like a lot" of employees were affected. Earlier in the week Valleywag published a similar report that 50 sales employees were laid off from Apple.

Apple spokesman Steve Dowling denied both reports Friday. "It's not true," he said, referring to the … Read more

Apple analyst lowers estimates, shares fall

Correction, 11:06 a.m. PST: This story initially misstated the day the report was released. It was Friday.

Update at 10:31 a.m. PST, with more information from the analyst report and a chart.

A J.P. Morgan analyst cut his financial estimates for Apple's fiscal second quarter and fiscal 2009 on Friday, pointing to expectations that its iPhone and Mac sales may be weaker than previously anticipated.

Apple fell as low as 7.3 percent in early morning trading Friday to $82.33 a share.

"We are lowering our estimates for the March quarter and … Read more

Unauthorized iPhone app stores emerging

Apple may have some competition when it comes to selling applications for the iPhone, as developers decide to launch their own stores to hawk unauthorized apps for the device.

The Wall Street Journal reported that a developer is planning to launch on Friday a new service called Cydia Store that could sell hundreds of iPhone applications. The apps aren't available through Apple's official store, and they require "jailbroken" iPhones. Such iPhones have software downloaded that modifies the device to run any application.

The article also mentioned another developer, Rock Your Phone, which also plans to sell … Read more

Kindle books, meet iPhone readers

roundup Got an iPhone or iPod Touch? Amazon's new Kindle for iPhone app lets you use those gadgets to read electronic books.

Kindle is not the best iPhone e-reader Who needs a Kindle when you have an iPhone? We take a look at some of the best ways to read eBooks on your iPhone or iPod Touch. (Posted in Webware by Don Reisinger) March 6, 2009 7:30 AM PST

First Look video: Kindle for iPhone Here are some first impressions of Amazon's new Kindle application for the iPhone and the iPod Touch. (Posted in The Download Blog … Read more

Apple developers mark a year of iPhone apps

Apple's success with iPhone applications wasn't preordained, but the company had a huge leg up on the competition with a hit device, a mature software platform, and the one of the biggest online stores on the planet.

"They had all three sitting there, and that's very difficult to create in this industry," said Travis Boatman, vice president of worldwide studios for EA Mobile, creator of iPhone games such as Spore and Sim City.

But for all the work Apple has done to make the iPhone a success over the past year, its future lies in … Read more

As mobile future looms, Apple milks iMac margins

Apple's long-awaited Mac desktop refresh Tuesday is evidence of the company's determination to preserve its margins in a category that's fast going out of style.

Three Mac desktop categories were updated Tuesday, but only one really matters: the Mac Mini and Mac Pro aren't nearly as popular as the all-in-one iMac. Apple did improve the specifications of the iMac at the same price points, lowering the cost of acquiring a 24-inch version to $1,499. But it made few significant changes to a design that hasn't been updated since September 2007 and resisted calls to … Read more

Apple software now supports Nikon's top SLR

LAS VEGAS--Apple on Monday added support in its software for raw image files from Nikon's top-end SLR, the $8,000, 24.5-megapixel D3X.

Apple's Digital Camera Raw Compatibility Update 2.5 also adds support for Epson's Epson R-D1x digital rangefinder camera, according to the Apple support page.

The software enables Aperture 2, iPhoto '08, and iPhoto '09 to interpret the cameras' raw files, proprietary formats that include more information than JPEGs. The update requires Mac OS X 10.4.11, Mac OS X 10.5.3, or later.

A full list of Apple's raw image support … Read more

Apple overhauls iMacs, 24-inch models more affordable

Editors' Note: As of October 20, 2009, the iMac reviewed here has been replaced by 27-inch iMac models.

In addition to updating its Mac Minis this morning, Apple has new iMacs. Each of the four default models received an update, so we'll break them out below list-style for convenience, with new specs in bold.

$1,199 iMac

2.6GHz Intel Core 2 Duo 2GB 1,066MHz DDR3 SDRAM 320GB hard drive

256MB (shared) Nvidia GeForce 9400M graphics chip 20-inch LCD

$1,499 iMac

2.6GHz Intel Core 2 Duo 4GB 1,066MHz DDR3 SDRAM 640GB hard drive

256MB (shared) … Read more