Investment bank Piper Jaffray said Tuesday it believes Apple is readying new iPod and notebook products that will apply downward pressure to profit margins because they'll be priced more affordably, such as 13-inch MacBook that will fetch less than $1000.
"We believe there is an 80% chance Apple will introduce redesigned MacBooks and possibly new MacBook Pros at lower price points," he wrote. "Specifically, Apple may re-enter the $999 price point (currently $1099) with the MacBook, or test the $1,799 price point with the MacBook Pro (currently $1999)."
The Piper Jaffray analyst reiterated his Buy rating and $250 price target on shares of Apple.
AT&T has developed a software trick that will recognize voice commands without the need for specialized voice recognition software. It is based on a new version of AT&T's WATSON speech recognition engine.
In a prototype mobile version of the YellowPages website, AT&T in a research video shows an iPhone user entering the business name and location into text fields on the page just by speaking them at the appropriate times. While typing would work in such a case, the company claims that voicing the information is faster and more convenient.
Cupertine California—July 21, 2008—Apple today announced financial results for its fiscal 2008 third quarter ended June 28, 2008.
Apple shipped 2,496,000 Macintosh computers during the quarter, representing 41% unit growth and 43% revenue growth over the year-ago quarter. The Company sold 11,011,000 iPods during the quarter, representing 12% unit growth and 7% revenue growth over the year-ago quarter. Quarterly iPhone units sold were 717,000 compared to 270,000 in the year-ago-quarter.
The Company posted revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share. These results compare to revenue of $5.41 billion and net quarterly profit of $818 million, or $.92 per diluted share, in the year-ago quarter. Gross margin was 34.8%, down from 36.9% in the year-ago quarter. International sales accounted for 42% of the quarter’s revenue.
Russian newspaper Vedomosti investigated how much the new IPhone 3G costs in Russia, country where users cannot buy IPhone officially. The results are impressive.
Several russian web sites offer IPhone 3G 8Gb for $1200. Rumors say that In Moscow it is possible to find one foe $775, but it is not easy. However $1200 is not the limit at all. In some big shopping center in Moscow one can buy IPhone 3G for $3449.
Some analysts report, that there are about 400,000 IPhones in Russia. Every month this number increases by approximately 33,000.
With the iPhone 3G not even ten days old, virtually all of the Apple retail store stores open within the United States are without any examples of the device to sell on July 21st.
The shortage is severe enough in the 38 states that claim Apple stores that it's easier to count the locations that do have iPhone 3G units than those that don't.
In California, the only Apple store with any iPhones is the Pleasanton store with only 16GB black examples, while New York City's Fifth Avenue store is the only one in all of New York state known to have any examples left, with just 16GB white models in stock.
Only a single Honolulu store and the Salem, New Hampshire store can also claim to have any units available, and each only lists one model as ready for Monday.
Apple has been continually resupplying its stores with new iPhones - in many cases on a daily basis - but has seen fewer and fewer of its stores touting next-day availability in the several days since the July 11th debut of the handset upgrade.
Whether or not Apple's supply will meet demand in time to prevent a repeat of May's complete stockout is also far from certain. When grilled on an unprecedented spike in preorders, Britain's iPhone carrier O2 said it might take "some weeks" before it could satisfy enough of its customers on a regular basis.
The battery life on Apple's new 3G iPhone isn't great, but it beats that of other 3G smartphones we've seen, say testers at PC World's Test Center. In the study's standard talk-time battery life test, an iPhone, on average, ran 5 hours and 38 minutes, a performance PC World deems "fair."
The original iPhone, which ran on AT&T's slower EDGE network, lasted 10 hours of our test. But the 3G iPhone beat out the rest of the current 3G smartphone pack, most of which fell shy of the five-hour mark that's the cutoff between a word score of fair and poor in PC World's performance ratings.
The iPhone 3G also beat out competitors on Sprint and Verizon's EVDO mobile broadband networks, including the Palm Centro (4:19) and the Samsung Instinct (5:33), PC World says.
During an interview to AppScout Greg Joswiak, Apple's vice president, described that there is a priority list for IPhone's functionality. And the copy/paste is there. It will be developed, it's just a matter of time.
Some news about GPS. For now there is no such functionality to receive instructions where to go in real time. David Poga from New York Times thinks this is because of a small GPS receiver antenna inside IPhone. Joswiak doesn't agree with that. He assumes that GPS module is quite competitive and is just like GPS modules in many other phones. This technical problem will be fixed quite soon, probably by some software from other company.
Firmware 2.0 is just released and we are all waiting for 2.1
On Sunday, Apple sold its one millionth iPhone 3G, the company announced today. "iPhone 3G had a stunning opening weekend," said Steve Jobs, Apple’s CEO. "It took 74 days to sell the first one million original iPhones, so the new iPhone 3G is clearly off to a great start around the world".
During its first weekend, iPhone and iPod touch customers downloaded more than 10 million applications from the new App Store. The groundbreaking App Store now has more than 800 native applications, including over 200 offered for free and more than 90 percent available for less than $10.
Portelligent and Semiconductor Insights published a document describing interals of IPhone 3G. Techonline described the details. (Previous IPhone 3G internals photos can be viewed here)
Commuunications (3G/GSM) are on Infineon chips. One for GSM/GPRS/EDGE, another for WCDMA/HSDPA (3G). GPS module is not SiRF as we all thought. Apple uses PMB 2525 Hammerhead II. The Hammerhead II integrates an assisted-GPS (A-GPS) baseband processor with a low-noise GPS RF front end and multi-path mitigation to avoid large errors in urban environments.
The Apple's online store with applications for IPhone is opened. Here are some statistics provided by pinchmedia. They counted 559 applications - 421 of them paid, 138 of them free (7:00 PM EDT). Paid applications ranged in price from $0.99 to $69.99, with the most common price points being $0.99 (85 applications), $9.99 (82 applications), and $4.99 (62 applications). A bar graph of iPhone application price distribution can be viewed in the beginnings of this post. Of course every day there are going to be more and more IPhone applications avaliable in iTunes store.