News tagged ‘stock’

Yesterday AAPL briefly passed a record $460 billion market cap with new historical stock price high at $493.97 a share. Apple is the most expensive company, the second one is Exxon Mobil Corporation [XOM] with market valuation of $402.72 billion.

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UPDATE: Apple released iOS 5.1 that is only tethered jailbreakable with redsn0w. Apple has stopped signing iOS 5.0.1, so you can NOT restore to 5.0.1 any more (both original and custom), unless you have saved your SHSH keys for 5.0.1. If you are on 5.0.1 you can jailbreak with redsn0w.

Using this tutorial you will be able to create a custom firmware, jailbreak and unlock iOS 5.0.1 running on iPhone 3GS. This tutorial uses Sn0wBreeze 2.9.1 for Windows.

Jailbreak is untethered. Untethered jailbreak means that each time you restart your device you will NOT need to connect it to a computer and run utilities.

Sn0wBreeze will also preserve baseband version if you need carrier unlock. It can also update your modem version to 06.15 if you need unlock and stuck with 05.14 or higher baseband. If you have new iPhone 3GS that was made after 28 week of 2011 upgrading modem will not help to unlock.

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UPDATE: Apple released iOS 5.1 that is only tethered jailbreakable with redsn0w. Apple has stopped signing iOS 5.0.1, so you can NOT restore to 5.0.1 any more (both original and custom), unless you have saved your SHSH keys for 5.0.1. If you are on 5.0.1 you can jailbreak with redsn0w.

This is step-by-step instructions on how to perform untethered jailbreak of your iPhone 3GS on iOS 5.0.1 firmware using RedSn0w 0.9.10 for Windows.

Untethered jailbreak means that each time you restart your device you will NOT need to connect it to a computer and run utilities.

Important: If you need unlock and have 05.13 baseband or lower - do not update to Apple firmware, use RedSn0w or Sn0wBreeze to create custom firmware!

If you need unlock Redsn0w will provide you with choice of updating your baseband to 06.15. If you have new iPhone 3GS that was made after 35 week of 2011 upgrading modem will not help to unlock.

Read the rest of this entry »

When a 21-year-old Steve Jobs was starting his Apple’s empire, he was met with skepticism in Silicon Valley. The handwritten note, brought to light this week by Bloomberg, was written by  Mike Rose, who ran an advertising agency in Los Altos, Calif., in 1976, and where he expressed concern over Jobs and his partner, Steve Wozniak, who he felt were "flakey" after having met them. In the letter, Rose referred to Jobs as a "joker." When a young man, Jobs displayed some of the same characteristics that would eventually become known around the world.

Rose noted that Jobs looked like a secretive men, who "wouldn't trust" him. Rose and Jobs met because he needed someone to print the manual for the Apple I computer, the first product he and Wozniak had created.

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Research in Motion is struggling now for its share of the mobile market. But the price of  its stocks is getting lower and lower, so the company is worth less than the estimated value of just Apple's App Store. An analysis from Trefis' Brian S. Hall notes that at a price of $13.44, RIMM stock finished last week at a total value of just $7.04 billion, less than the $7.08 billion that Apple's App Store is estimated to be worth. As for the whole Apple company, AAPL stock has a market cap of $354 billion, or more than 50 times greater than RIMM.

"The App Store is probably worth more than BlackBerry," Hall wrote. "All of BlackBerry. Just the App Store. Nothing else. Not the iPhone or iPod. Not Mac. Just the App Store."

App Store is now one of the key components of Apple’s success. Just a year of Apple's iTunes Store and App Store’s operation costs Apple $1.3 billion, but last year only developers received $2.5 billion in payments in the App Store. According to a last week report, iOS applications bring in 300 percent more revenue than their Android counterparts.

RIM's stock has been showing decline in the price since the company announced last week that BlackBerry shipments reduced year over year while the company managed to ship just 150,000 PlayBook tablets last quarter. Moreover the company delayed the release of its next-generation smartphone operating system, BlackBerry 10, until the second half of 2012.

Fortune has analyzed two reports and suggests now that Apple may be experiencing some supply constrains on the iPhone 4S throughout this holiday quarter. The company, no doubt, works hard to stock-pile necessary number of the iPhone 4S that will allow Apple to meet customer demand for its newest smartphone, as well as shipping estimates of iPhone carrier partners during this quarter, but Apple may be having some trouble meeting its own production goals for the device that will result in supply constrains.

The first report, from Rodman and Renshaw analyst Ashok Kumar, alerted the company’s clients about the iPhone 4S production constrains, citing that shortages of an unidentified "key component" for the iPhone 4S that is holding back production. Kumar says that Apple has four million iPhone 4S not sold in the prior quarter. Taking into account there numbers, he suggests that Apple may sell 30 million iPhones during this quarter, though the company won’t be able to completely satisfy consumer demand.

The second note comes from Susquehanna Financial's Jeff Fidacaro. He also says that the main problem for Apple in this quarter is "supply constraints". As a result, we see reduction in quarterly iPhone sales of about three million units, moving from 26-28 million units to 23-25 million units.

Earlier this week, Disney Chairman and Chief Executive Bob Iger received more than $84,000 in stock for joining Apple's board of directors. According to the U.S. Securities and Exchange Commission, Iger received 75 shares of common stock and 142 restricted shares that will vest in February of 2012. It amounts $84,376 in cash.

This week Apple announced that Iger became member of Apple’s board of directors. He will serve on the company's audit committee. His compensation for joining Apple's board is comparable to what others who joined received in the past. For example, Andrea Jung, who joint Apple’s board in 2008, received 77 shares of common stocks.

Iger’s relationships with Apple have quite long history. In 2006 he was responsible for acquisition of Pixar. Moreover, he is a Disney CEO. He was one of the first people who expressed condolences to Jobs’ family after he passed away. "With his passing the world has lost a rare original, Disney has lost a member of our family, and I have lost a great friend," Iger said.

Digitimes reports that Apple has reduced its fourth-quarter orders for iPad 2 display panels. That might mean that Apple has already started preparing for the launch of the iPad 3 early next year. The second reason might be the reduction of customers’ interest in the device.  Moreover, Apple stockpiled components for an extra 4-5 million iPad 2 units, so that allows it to reduce its orders for the fourth quarter.

Sales of iPads at the end market totaled 11.12 million units in the third quarter of 2011, according to data released by Apple. However, inventories of parts and components prepared by the makers in the supply chain for the production of iPad 2 in the quarter are sufficient for the production of 15-16 million iPads, leaving a stockpile of 4-5 million units of iPad 2 in the supply chain, the sources noted.

Digitimes also notes that the reason for stockpiling of iPad 2 components may be preparation for the iPad 3 launch set for the beginning of 2012, suggesting that  suppliers of both display and touch panels for the iPad 3 have either already begun or will soon begin shipments to Apple.

While Apple is adjusting panel inventory for iPad 2, Samsung and Sharp already began shipping panels for the next-generation iPads to Apple in October, and Taiwan-based touch panel makers TPK Holding and Wintek will begin to ship touch panels for the new iPads to the supply chain in November-December, the sources noted.

This is step-by-step instructions on how to perform jailbreak and unlock of your iPhone 3GS on iOS 5.0.1 firmware using RedSn0w 0.9.9b8 for Windows.

If you need unlock Redsn0w will provide you with choice of updating your baseband to 06.15. If you have new iPhone 3GS that was made after 35 week of 2011 upgrading modem will not help to unlock.

Important: official ultrasn0w unlock is not yet ready for iOS 5.0.1. You will need to wait for ultrasn0w update. For now only jailbreak! There is a workaround described here.

Important: If you need unlock and have 05.13 baseband or lower - do not update to Apple firmware, use RedSn0w or Sn0wBreeze to create custom firmware!

Tethered jailbreak means that each time you restart your device you will need to connect it to a computer and run redsn0w.

Read the rest of this entry »

Using this tutorial you will be able to create a custom firmware, jailbreak and unlock iOS 5.0.1 running on iPhone 3GS. This tutorial uses Sn0wBreeze 2.8b11 for Windows.

If you have iPhone 3GS with an old bootrom version 359.3, the jailbreak is untethered. If your device has bootrom version 359.3.2 and higher, jailbreak will be tethered. You can detect your bootrom version using this tutorial.

Sn0wBreeze will also preserve baseband version if you need carrier unlock. It can also update your modem version to 06.15 if you need unlock and stuck with 05.14 or higher baseband. If you have new iPhone 3GS that was made after 35 week of 2011 upgrading modem will not help to unlock.

Read the rest of this entry »

Despite the fact that iPhone 4 was launched last month, it seems that consumer Interest in the newest Apple’s smartphone is still increasing. Chris Whitmore with Deutsche Bank polled about 30 Apple retail stores and found out that between 85 percent and 90 percent of stores polled are experiencing stock-outs of the iPhone 4S.

"Apple employees are directing customers to make an online appointment (first come first serve) for next day pickup at nearby Apple retail stores as stocks appear to be refreshed daily at most locations," Whitmore said.

In-store Apple representatives advice customers to order the iPhone 4S on Apple's website between 9 p.m. and 12 p.m. Now most number of iPhone 4S units is sold via reservation, leaving a very little stock for customers who want to buy the device at a store.

Whitmore believes strong demand for the iPhone 4S both in America and abroad shows that supply remains the only factor in determining how many handsets Apple will sell this quarter. He has forecast sales of 28 million iPhones during the holidays, but admitted that number appears "increasingly conservative."

UPDATE: With the release of iOS 5.0.1, you might get troubles restoring to iOS 5.0. Don't worry, new sn0wbreeze is already available. Our tutorial for iOS 5.0.1 is available here.

Using this tutorial you will be able to create a custom firmware, jailbreak and unlock iOS 5 running on iPhone 3GS. This tutorial uses Sn0wBreeze 2.8b10 for Windows.

If you have iPhone 3GS with an old bootrom version 359.3, the jailbreak is untethered. If your device has bootrom version 359.3.2 and higher, jailbreak will be tethered. You can detect your bootrom version using this tutorial.

Sn0wBreeze will also preserve baseband version if you need carrier unlock. It can also update your modem version to 06.15 if you need unlock and stuck with 05.14 or higher baseband.

Read the rest of this entry »

Apple awarded 1 million stock shares to its seven executives rewarding them for hard work over the fiscal year when the company for the first time earned more than $100 billion.

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Today research company Nielsen published its survey on mobile users for the third quarter, which confirmed that Android and iOS remain two main player on the smartphone market. Android platform increased its share of the US smartphone market by 4%, from 39% to 43%. During the same period iOS remained flat with 28% share.

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Two months has already gone since the moment when Tim Cook was appointed Apple’s CEO. The Wall Street Journal decided to take a look at his management strategy and found out some differences between his style and that of Steve Jobs.

In recent weeks, Mr. Cook has tended to administrative matters that never interested Mr. Jobs, such as promotions and corporate reporting structures, according to people familiar with the matter. The new chief executive, 50 years old, has also been more communicative with employees than his predecessor, sending a variety of company-wide emails while addressing Apple employees as "Team," people close to the company said.

Cook made significant changes in Apple’s education division. As a result the division was divided into marketing and sales divisions and then reintegrated with the company's broader arms focused on those aspects of the business. Another corporate-level change is recently-announced charitable matching program that calls for Apple to match employee donations up to $10,000 per year, a change from the Jobs who was reportedly against giving money away. Cook seems to recognize quickly expertise and achievements of his employees, and ready to promote them, such as with the promotion of Eddy Cue.

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