Apple Chief Operating Officer Tim Cook said Tuesday that the iPad market is "very big" and speculated about cannibalization of PCs, while two market research firms upped their forecasts for tablet shipments in 2010.
During Apple's third-quarter earnings conference call Tuesday, Cook mused about the continuing strong sales of the iPad and its potential to eat into PC sales. The iPad "is not following typical early adopter curve and taking a long time to cross into the mainstream...We are absolutely selling every unit (iPad) that we can make," Cook said.
Propelled by sales of the iPhone and iPad, Apple earned $3.25 billion in profit on $15.7 billion in revenue, its highest quarterly revenue ever.
The company reported its fiscal third-quarter results on Tuesday. Its reported earnings for the quarter represent an 88 percent increase in revenue over the same quarter a year ago, when Apple recorded revenue of $8.34 billion. The $15.7 billion figure is also on the high side of what Wall Street had been expecting: Analysts were anticipating between $13.82 billion and $15.74 billion in revenue, and earnings between $2.65 and $… Read more
Roku, the set-top box known for streaming Netflix movies from the Web to users' television sets, has teamed with MP3tunes.com to offer users the ability to stream their iTunes music libraries to their TVs.
"For the first time, music lovers can play their personal iTunes music collection on their TV without a home server," MP3tunes and Roku said in a statement Tuesday. "Roku has added expanded support for personal music collections with the addition of MP3tunes."
Apple CEO Steve Jobs said Friday he has no intention of apologizing to investors for the stock drop resulting from "Antennagate." After Apple's third-quarter earnings are reported Tuesday afternoon, it's likely he won't need to.
Apple is expected to again report results that will please investors. Wall Street is expecting between $13.82 billion and $15.74 billion in revenue, and earnings between $2.65 and $3.74 per share. Apple has offered a typically conservative forecast: third-quarter 2010 revenues between $13 billion and $13.4 billion, and earnings per share between $2.28 and $… Read more
Editors' note: Each day for 10 business days, CNET personalities you know and love will publish slideshows of their 10 personal favorite iPhone apps. With each post, you get a chance to vote for your own favorite app. Two weeks from now, we'll collect the full list of 100 apps and announce the 10 that you, our readers, love the most.
Senior Associate Editor Jessica Dolcourt's collection of her favorite 10 iPhone apps marks a first for the CNET 100: it contains not a single iPhone game.
Jessica is not fooling around, here. She wants to get stuff … Read more
Apple and AT&T may be exclusive partners, but neither is very pleased with the current state of the relationship, according to Wired.
On Monday, Wired posted a behind-the-scenes look at the state of the partnership between the iPhone maker and the iPhone's carrier partner in the U.S. News flash: the two are kind of sick of each other.
It's not a complete surprise that Apple and AT&T are unhappy. There have been numerous reports that Apple has tried to end its exclusive contract with AT&T early because of continued network problems … Read more
Apple has provided an unusually detailed accounting of how it handles customers' location information and privacy, following a query sent to the company by two Congressmen.
The iPhone maker reiterated in a letter published Monday that it does not share location information with outside parties without a customer's permission. If customers agree to use location-based applications, like Foursquare or Twitter or iAds, location information is collected by Apple in a way that does not identify the user.
Apple's iPad may be putting a damper on demand for e-readers and portable game consoles, according to the results of a new survey by Resolve Market Research.
The study examined the spending habits and attitudes of current and potential owners of iPads and other mobile devices.
Among those who own or plan to pick up an iPad, 60 percent see the tablet as most enjoyable for playing games. As a result, 38 percent say they won't buy a dedicated portable game console after picking up an iPad.
E-readers may also take it on the chin. Among the folks who own or will buy an iPad, 50 percent say they won't purchase a dedicated e-reader after bringing home Apple's tablet.
"What's surprising about this research is that consumers end up spending a lot of time playing casual games on their iPads and many will not buy a new portable gaming device as a result," Elaine Coleman, chief research officer for Resolve Market Research, said in a statement. "This negatively impacts portable gaming as consumers want to carry fewer devices over time."
When asked their reasons for wanting to own an iPad, 56 percent said it was for entertainment, 42 percent cited the "cool factor," 40 percent said it was for convenience, and 28 percent said it was because of the Apple brand.
Where do iPad owners use their tablets?… Read more
It may be true that no cell phone is perfect, but the handset world isn't taking too kindly to Apple CEO Steve Jobs' public assertion that other smartphones suffer from the same antenna and signal problems that have been widely reported regarding the iPhone 4. And, in what's turned into an ugly back-and-forth PR mud fight, Apple is firing back by making its internal signal test results public to insist that it's not just pulling rivals' flaws out of thin air.
The iPad's market is going more global starting this Friday.
Apple announced Monday that its popular tablet will reach residents in nine more countries: Austria, Belgium, Ireland, Luxembourg, Mexico, Netherlands, New Zealand, Hong Kong, and Singapore. Both the Wi-Fi and Wi-Fi+3G models will go on sale.
The iPad is currently available in Australia, Canada, France, Germany, Italy, Japan, Spain, Switzerland, the U.K., and the U.S.
In U.S. dollars, the Wi-Fi models now sell internationally for $499 for the 16GB edition, $599 for 32GB, and $699 for 64GB, while the Wi-Fi+3G units sell for $629 … Read more