Apple's PA Semi buyout motivated by assets, not products
Despite speculation that Apple's acquisition of PA Semiconductor was motivated by the chip maker's specific products, a new report reveals that the iPhone designer is interested more in the buyout for its promises of intellectual property and development expertise -- and may be causing a crisis for the US Department of Defense in the process.
Notes of interest from Apple's Q208 quarterly conference call
Apple on Wednesday announced its most profitable second quarter in company history, and held a financial conference call with analysts and members of the media. Several notes of interest from the now concluded call follow:
Apple posts profit of $1.05B, ships nearly 2.3 million Macs
Apple said Wednesday that second-quarter profits rose over 36 percent to $1.05 billion, or $1.16 per diluted share, on sales of $7.51 billion for the three-month period ended March 29, 2008.
Briefly: Belgium iPhone; 512GB SSDs in sight; Apple web traffic up
Belgium is the latest nation rumored to receive an unlocked 3G iPhone by June. Meanwhile, Toshiba says it plans over the next year or so to quadruple the capacity of its flash-based solid-state drives (SSDs) while simultaneously reducing costs by as much as 50 percent. And traffic to Apple's web properties rose 13 percent during the first quarter of 2008.
Breakdown: Apple analysts place bets ahead of earnings
With Apple set to report earnings from its second fiscal quarter after the close of the stock market today, several prominent Wall Street analysts have locked in their bets on profits, revenues, gross margin, and unit sales. Here's a breakdown to help investors pinpoint the winners (and losers) at the end of the day.
Apple buys chip designer PA Semi for $278 million
An Apple spokesman confirmed Tuesday evening that the company has agreed purchase a boutique microprocessor design company known for sophisticated but low-power designs, Forbes is reporting.
