Linked by Thom Holwerda on Wed 23rd Jan 2013 22:09 UTC
Apple "Apple Inc reported quarterly revenue that slightly missed Wall Street expectations as sales of its flagship iPhone came in below target, sending its shares down more than 4 percent. The world's largest technology company shipped 47.8 million iPhones, lower than the roughly 50 million that Wall Street analysts had predicted. Sales of the iPad came in at 22.9 million in the fiscal first quarter, about in line with forecasts." I'll leave the financials to the experts, but one thing that stood out to me: Apple sold 4.2 million Macs, almost a million below expectations. How much of a future does desktop computing have at Apple? Update: The NYT/Reuters changed the title during the night. Fixed it.
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No future without Jobs
by cmost on Thu 24th Jan 2013 00:48 UTC
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It's unfortunate but the sad fact is that Apple is nothing without its visionary and hard ass Steve Jobs. Those of us old enough remember what a disaster Apple became in the early to mid-nineties, before Jobs re-took the helm know only too well how Apple squandered it's early technology leads and led the company into distress. Apple, amid of a slew of missteps and stupid business decisions, had one foot in bankruptcy court when Steve Jobs came back. Obviously, under his direction, he turned Apple around. Without Steve Jobs, Apple is already sporting the telltale signs of a slow downward spiral. Personally, I won't shed a bitter tear.

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