Tag Archives: steve jobs

steve jobs leave

Steve Jobs’ Medical Leave of Absence Could Hurt Apple’s Success

Steve Jobs has, for the third time since 2004, been granted a medical leave of absence by the Apple board of directors and according to the Wall Street Journal, COO Tim Cook will once again be running day to day operations for the company.

This should come as no surprise when we saw Tim Cook announce the Verizon iPhone with Verizon President and COO, Lowell McAdam, instead of Steve Jobs. On the same day that Jobs’ leave was announced, Apple’s (AAPL) stock tumbled an astonishing 8% which revived concerns over the company’s long-term success once Jobs’ time comes for him to step down from Apple.

Quate (via Steve Jobs):

Team,

At my request, the board of directors has granted me a medical leave of absence so I can focus on my health. I will continue as CEO and be involved in major strategic decisions for the company.

I have asked Tim Cook to be responsible for all of Apple’s day to day operations. I have great confidence that Tim and the rest of the executive management team will do a terrific job executing the exciting plans we have in place for 2011.

I love Apple so much and hope to be back as soon as I can. In the meantime, my family and I would deeply appreciate respect for our privacy.

Steve

verizon iphone 4 confirmed

[BREAKING] Verizon iPhone 4 Coming Febuary 3

Verizon concluded their event held on Tuesday, January 11, 2011, where they announced that the iPhone 4 would be available on their CDMA network. The iPhone is the iPhone 4, however, the breaks in the aluminum siding for the antenna seem to have been rearranged – possibly to address the antennagate issue.

The Verizon iPhone 4 will cost $199 for the 16GB version and $299 for the 32GB version with the capability of it acting as a mobile hotspot for up to 5 additional devices. It is availalbe for pre-order for existing Verizon customers on February 3 and for the general public on February 10 online and in Verizon and Apple stores. Unfotunately it won’t be running on Verizon’s new incredibly fast 4G LTE network. Instead, it will run on 3G, although, being as how a new iPhone will be announced around June, that one might have the capability of running on the 4G LTE network. Other than those new facts, it will have the same features/looks as the current iPhone 4.

We will have full coverage of the Verizon iPhone 4 on February 10. Stay tuned.

verizon iphone announced

Verizon iPhone Coming January 11

Verizon has just sent out invitations for a keynote address to be held in New York City Tuesday, January 11th at 11:00 A.M. The topic of the event is currently unknown at the moment but the usual speculation of this is the Verizon iPhone. Now every event most people always assume the Verizon iPhone and it is getting old, but this time it is the real deal. This is why:

1. AppAdvice.com Claims:

Quote (via AppAdvice):

“More precisely, Verizon invited some unusual people to the event, like MG Siegler from Techcrunch, a self-proclaimed Apple Fanboy, as well as Jim Dalrymple of The Loop, who exclusively covers Apple news. Both are not usually invited for Verizon events. Then, we should also point out that Gizmodo hasn’t been invited, which is unprecedented for a Verizon event according to them. They believe this might have something to do with the fact that they’re persona non grata over at Apple ever since they leaked the iPhone 4.”

2. Verizon did not invite Gizmodo, now Gizmodo is always invited to all Verizon Keynotes, but they are now banned from Apple Events ever since they got the leaked iPhone 4, and they were not invited this time so that makes us lead that this event is focused on Apple.

3. The WSJ Reported:

Quote (via The Wall Street Journal):

Breaking: We’ve confirmed that Verizon will announce on Tuesday that the iPhone is coming to its network”

Another “clue” that we haven’t figured out is that it will be announces at 1/11/11 at 11:00 A.M. If you can figure out the clue, email me at conner@techgeec.com

So this all leads up to believe that their is a 90% chance that their will be a Verizon iPhone announce.

21M iPhones Q1

Apple to Ship 21 Million iPhones Q1 2011 – CDMA

Sources with Foxconn claim that Apple has raised it’s global shipment goal for the first quarter of next year from 19 million iPhones to 20-21 million.

The first-quarter shipment goal for WCDMA iPhones has been adjusted from 13 million units to 14-15 million units, the sources said. The shipment goal for CDMA iPhones, which will be launched in North America and Asia Pacific in the first quarter, is set at 5-6 million units, the sources added.

The sources also indicate that the estimated total iPhone sales in Q4 of 2010 are 15.5 million bringing the total iPhone sales of 2010 to 47 million.

Currently, Foxconn is the only maker of WCDMA iPhones, while Foxconn and Pegatron Technology have equally shared the production volume for the CDMA version, the sources noted.

Rumors are continuously emerging about a CDMA iPhone 4 being released early next year. While these sources claim that Verizon will not be the exclusive CDMA carrier of the iPhone internationally, they suggest nothing about them being the sole carrier in the U.S. which could lead to a significant dip in sales for Verizon’s U.S. CDMA competitor, Sprint.

To stay up-to-date all on the news at the 2011 Consumer Electronics Show (January 6-9), be sure to follow iEnlive as TechGeec.com will be partnering with them to bring our readers the best coverage possible.

Editor’s Opinion: Will Apple be launching this new version of the iPhone at the upcoming Consumer Electronics Show? While many sources claim the CDMA iPhone will be launched early January, few suggest it will be at the CES which Apple will not be attending. However, Verizon’s CEO, Ivan Seidenberg, is scheduled for a keynote at the CES on January 6 where they are rumored to announce new phones. I’ve received numerous questions asking if the iPhone will be launched at the CES and my gut feeling is, unfortunately, no. Of course, being a Verizon customer and an iPhone admirer, I would love to see the CDMA iPhone launched by Seidenberg in a little more than a week but I don’t see it happening. With regards to the iPhone, Apple has been the only company to have conferences, not even AT&T has had one regarding the iPhone. So if this rumored CDMA iPhone will simply be a CDMA-compatible iPhone 4, I believe there’s a chance of it’s announcement at the CES 2011. On the other hand if it will be a whole new design, I have much doubt that it will be announced by Verizon. For those who want an easier-to-follow opinion, 30% chance not being announced at the CES 2011, 45% chance Apple will announce it sometime in Q1 2011, 25% chance we won’t be seeing a CDMA iPhone in 2011.

If, however, the CDMA iPhone will be launched, TechGeec.com will have complete coverage on it.

via DigiTimes

wi4 coming soon

Confirmed: White iPhone 4 Coming Spring 2011

Some new signs popping up in various Apple stores around the United States confirm that the white iPhone 4 will be available in Spring of 2011 as seen in the image above.

[9to5Mac]

Apple Releases iOS 4.2 GM Build 2



If you like me your ready to shoot ole Stevey ( http://twitter.com/connerowen/status/3300086985523200) for delaying iOS 4.2 It’s not every day your tablet gets upgraded to multitasking. Well Apple just planted (seeded) iOS 4.2 to developers (build 8C134b, instead of 8C134), which fixes with the Wi-Fi issue that halted the launch. If the build is free of any more bugs, iOS 4.2 should be on your shiney iPad soon. Just not this week probably.

stevedollar

Apple Q4 Results

The article below came exactly from Apple’s PR page. Since know one can write better than Apple :)

CUPERTINO, California—October 18, 2010—Apple® today announced financial results for its fiscal 2010 fourth quarter ended September 25, 2010. The Company posted record revenue of $20.34 billion and net quarterly profit of $4.31 billion, or $4.64 per diluted share. These results compare to revenue of $12.21 billion and net quarterly profit of $2.53 billion, or $2.77 per diluted share, in the year-ago quarter. Gross margin was 36.9 percent compared to 41.8 percent in the year-ago quarter. International sales accounted for 57 percent of the quarter’s revenue.

Apple sold 3.89 million Macs during the quarter, a 27 percent unit increase over the year-ago quarter. The Company sold 14.1 million iPhones in the quarter, representing 91 percent unit growth over the year-ago quarter. Apple sold 9.05 million iPods during the quarter, representing an 11 percent unit decline from the year-ago quarter. The Company also sold 4.19 million iPads during the quarter.

“We are blown away to report over $20 billion in revenue and over $4 billion in after-tax earnings—both all-time records for Apple,” said Steve Jobs, Apple’s CEO. “iPhone sales of 14.1 million were up 91 percent year-over-year, handily beating the 12.1 million phones RIM sold in their most recent quarter. We still have a few surprises left for the remainder of this calendar year.”

“We’re thrilled with the performance and strength of our business, generating almost $5.7 billion in cash flow from operations during the quarter,” said Peter Oppenheimer, Apple’s CFO. “Looking ahead to the first fiscal quarter of 2011, we expect revenue of about $23 billion and we expect diluted earnings per share of about $4.80.”

Apple will provide live streaming of its Q4 2010 financial results conference call beginning at 2:00 p.m. PDT on October 18, 2010 at www.apple.com/quicktime/qtv/earningsq410/. This webcast will also be available for replay for approximately two weeks thereafter.

This press release contains forward-looking statements including without limitation those about the Company’s estimated revenue and earnings per share. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, on consumer and business buying decisions with respect to the Company’s products; continued competitive pressures in the marketplace; the ability of the Company to deliver to the marketplace and stimulate customer demand for new programs, products, and technological innovations on a timely basis; the effect that product introductions and transitions, changes in product pricing or mix, and/or increases in component costs could have on the Company’s gross margin; the inventory risk associated with the Company’s need to order or commit to order product components in advance of customer orders; the continued availability on acceptable terms, or at all, of certain components and services essential to the Company’s business currently obtained by the Company from sole or limited sources; the effect that the Company’s dependency on manufacturing and logistics services provided by third parties may have on the quality, quantity or cost of products manufactured or services rendered; the Company’s reliance on the availability of third-party digital content; the potential impact of a finding that the Company has infringed on the intellectual property rights of others; the Company’s dependency on the performance of distributors, carriers and other resellers of the Company’s products; the effect that product and service quality problems could have on the Company’s sales and operating profits; the Company’s reliance on sole service providers for iPhone® in certain countries; the continued service and availability of key executives and employees; war, terrorism, public health issues, natural disasters, and other circumstances that could disrupt supply, delivery, or demand of products; potential litigation from the matters investigated by the special committee of the board of directors and the restatement of the Company’s consolidated financial statements; and unfavorable results of other legal proceedings. More information on potential factors that could affect the Company’s financial results is included from time to time in the Company’s public reports filed with the SEC, including the Company’s Form 10-K, as amended, for the fiscal year ended September 26, 2009, its Forms 10-Q for the quarters ended December 26, 2009; March 27, 2010; and June 26, 2010; and its Form 10-K for the fiscal year ended September 25, 2010 to be filed with the SEC. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates.

Apple designs Macs, the best personal computers in the world, along with OS X, iLife, iWork, and professional software. Apple leads the digital music revolution with its iPods and iTunes online store. Apple is reinventing the mobile phone with its revolutionary iPhone and App Store, and has recently introduced its magical iPad which is defining the future of mobile media and computing devices.

Apple Announces Back To The Mac Event!



Apple has sent out their invitations to the Special Event for yet another one of their press events. This will be held on October 20th at 10 AM PDT.

As you can see from the press invite above, Apple is going to be holding a Mac press event next Wednesday called “Back to the Mac.” From the lion coming out from behind the Apple logo, our highly guess this will be the announcement for Mac OS 10.7, which will probably be called “Lion”, staying with the cat theme that Apple came up with many years ago.

Either myself or David will be doing a live blog. We were not invited to the conference just to end the questions we will get. Were not sure if Apple is adding a live video feed or not. They haven’t announced it. We will let you know where to look on the site for our live blog. I’m thinking of some different ways we could blog.

UPDATE: Unfortunately me and David both have big plans that cannot be changed and we won’t be able to blog. But we will do a recap of the event when our plans are over a hour or so after the event is done. Sorry for any innocence. :(

Be sure to follow @TechGeec and @connerowen on Twitter!

CDMA iPhone Will be Ready by Early 2011 [UPDATED]

Please read entire post before reading this update.

When Verizon President and COO, Lowell McAdam, was asked to comment about the report from The Wall Street Journal, McAdam replied,

It’s one of those things that rolls out every few weeks whether there’s a basis for it or not. I can’t give you any insights, but I think Apple is the one that has to make that announcement. What I’ve always said is I expect at some point in time our business interests are going to align. I think things like LTE are another great reason why they’d want a device or tablet on that network. But I don’t have anything to say today about timing.

Despite the remarks, rumors of a CDMA iPhone arriving in early 2011 have persisted.

These rumors of a Verizon iPhone have been coming since it’s debut in 2007 but the “rumors” seem to have more and more “proof” behind them.

On Wednesday, The Wall Street Journal quoted “people briefed by Apple,” as saying the new iPhone,

would be similar in design to the iphone 4 currently sold by AT&T Inc.,

…but it would be using CDMA technology, the same technology both Verizon and Sprint use. They also stated that,

The phone, for which Qualcomm Inc. is providing a key chip, is expected to be released in the first quarter of next year, according to the same people.

Also on Wednesday, Shaw Wu, an analyst for Kaufman Bros., wrote:

in our checks with the industry and supply chain sources, we have picked up indication of development and progress on new form factor iPhones.

Representatives from Verizon, Qualcomm, and Apple all declined to comment on the issue, however, just a few weeks ago, Verizon CEO, Ivan Seidenberg, said no one should expect the iPhone on Verizon any time soon. The one and only reason why this statement would be a lie, is so that Apple’s fourth quarter earning do not drastically drop as people await the release of the new iPhone. This occurred when the iPhone 4 prototype was discovered. Consumers stopped buying the iPhone 3GS and instead waited for the iPhone 4 to be released which in turn drastically dropped Apple’s quarter earnings.

The Journal also stated that Apple,

plans to begin mass producing a new iPhone by the end of 2010 that would allow Verizon Wireless to sell the smart phone early next year, said people briefed by Apple.

Apple is also developing a new iPhone model, said people briefed on the matter. One person familiar with the new iPhone plan said the fifth-generation iPhone will be a different form factor from those that are currently available. It was unclear how soon that version will be available to Verizon.

Another interesting note that many websites overlook, is that Verizon’s CEO, Ivan Seidenberg, is scheduled to give the main keynote at the Consumer Electronics Show in January, 2011, which may very well be where the announcement for the Verizon iPhone occurs.

Verizon CEO: iPhone Not Coming Any Time Soon

Today, Verizon CEO, Ivan Seidenberg, announced that the iPhone will not be coming to Verizon until it’s 4G (fourth-generation) cellular network is 100% up and running.

Thursday, Seidenberg said he hopes Apple will offer the phone on the carrier’s 4G, or LTE network, which it is just starting to roll out later this year in a few dozen cities, and will not be completely ready until 2012, the same year Apple’s and AT&T’s exclusivity contract  expires.

Seidneberg announced,

We don’t feel like we have an iPhone deficit. We would love to carry it when we get there, but we have to earn it.

I think 4G will accelerate the process, and any other decisions Apple makes would be fine with us. Hopefully, at some point Apple will get with the program.

However, as we posted September 22, analysts have claimed that Apple’s overseas manufacturers will begin building CDMA iPhones for Verizon Wireless this December. CDMA is the cellular technology both Verizon and Sprint currently use, while AT&T uses SIM cards. If these reports are true, it is said that Apple will have at leas 3 million CDMA iPhones by January 1, 2011.