Apple’s quarterly results this week drew a flood of reactions – almost all negative. Given how well the company did under almost any absolute measure, this is odd, though, for Wall Street, not necessarily surprising.
Apple rolled out its iOS 5 mobile operating system, one week after pancreatic cancer claimed the life of its former CEO and visionary Steve Jobs. The update adds voice recognition software called "Siri", instant messaging and support for Apple's iCloud service, although the inclusion of Siri is limited to the iPhone 4S. MacWorld's Dan Moren says the free update is "ambitious" and that "there's hardly a part of Apple’s mobile operating system that isn’t altered in some way". Engadget's Dante Cesa says that "other than turn-by-turn navigation, more multitasking APIs and some delectable widgets, there isn't much, headline-wise, left on Apple's hit list for iOS 6".
Hundreds of people across the U.S. lined up to get their hands on Apple's iPad 2, the update to last year's wildly popular tablet computer. If you're wondering how much the iPad 2 could cost you, Michael Hickins of The Walls Street Journal adds up the tab and discovers you could easily spend $300 on top of the $499 price tag for the cheapest model. Tablet sales are expected to surge to more than 50 million units this year, with Apple capturing more than 70 percent of the market.
Among the year-end lists popping up around the web, one of the most closely watched is Apple's annual Rewind lists. It's almost like an awards ceremony for the things we carry around on our mobile devices, and it's an especially informative proxy for trends that emerged in the burgeoning market for mobile apps.
Music industry types must have had been reaching for their tranquilizers this afternoon, following a report that Apple is in early stage talks to buy Spotify. The report spread quickly, as these things do, and some thought it made a lot of sense. So Apple, maker of the world's most popular music device, the iPod, which already owns the No.1 music download retailer iTunes, would be buying Spotify --the much-loved and critically acclaimed music streaming service, just as it's finalizing deals to launch in the U.S.? This would be too much to handle for many music executives, who think Apple already holds way too much power.
from Tales from the Trail:
If President Obama really wants to get his groove back with young voters, he might want to get a bit more in synch with their musical tastes and a bit less in line with songs their parents -- and grandparents -- listened to. He’s got about 2,000 songs on his iPod, but – as he put it – his selections are more weighted to his childhood – his very young childhood – than to much that 20-somethings are listening to today.