Apple prepays for a half-billion dollars in flash memory
Apple has continued its significant investment in flash memory, with the Cupertino company announcing Tuesday that it recently prepaid $500 million to Toshiba to secure long-term supply of NAND for its mobile devices.
Blockbuster iPhone 3GS sales resulting in constrained inventories
After selling 5.2 million iPhones in fiscal Q3, including a million units that sold in the first three days, Apple has announced being "unable to make enough 3GSs to meet demand."
Apple: 50% of our traditional MP3 buyers new to iPod
Apple announced a year over year decline in its sales of 10.2 million iPods, but noted that the company continues to maintain a greater than 70% share of the MP3 player market. It also stated that 50% of its traditional MP3 player buyers are new to the iPod.
Notes of interest from Apple's Q309 quarterly conference call
Once again, Apple has had the best non-holiday quarter in its history, selling more Macs and iPhones than it ever has in spring, albeit with fewer iPods sold. The company has conducted a financial conference call with analysts and the press. Notes of interest for Apple's results and the now concluded call follow.
Apple profits rise 15% on sales of 2.6M Macs, 5.2M iPhones
Apple said Tuesday that third-quarter profits rose nearly 15 percent to $1.23 billion, or $1.35 per diluted share, on record non-holiday quarter sales of $8.34 billion for the three-month period ended June 27, 2009.
App Store additions include medical marijuana, e-books, call recording
New software recently released on Apple's App Store could help iPhone users legally obtain doctor-prescribed marijuana, read electronic copies of books on the go, or easily record telephone conversations.
Earnings Preview: Apple to have Wall Street's ear this afternoon
Guidance, gross margin, and signs of a rebound in technology spending will be among the key topics financial experts will be paying close attention to when Apple reports results from its third fiscal quarter following the closing bell Tuesday.
Worker commits suicide after 4G iPhone prototype goes missing - reports
A 25-year-old man reportedly committed suicide after an iPhone prototype he was responsible for went missing, leading to alleged "unbearable interrogation techniques" in the ensuing investigation, according to a Chinese publication.
More than 2,200 AT&T retail locations given makeover
In conjunction with the nationwide rollout of ConnecTech and netbook sales, cell phone carrier AT&T this week announced the completed renovations of more than 2,200 retail locations across the U.S.
