SAN FRANCISCO (Reuters) – Apple Inc’s results blew past Wall Street expectations on the back of record iPhone sales, and the company gave a strong revenue forecast, sending its shares up more than 5 percent to an all-time high.
The results and forecast should boost Apple’s stock price, which has charged upward for more than a year amid the hype surrounding the launch of the iPad tablet.
SAN FRANCISCO, April 16 (Reuters) – Apple Inc’s <AAPL.O>
shares have barreled upward at a torrid pace over the past year,
yet as the company’s quarterly report approaches, no one on Wall
Street seems prepared to slap an “overvalued” tag on the company.
Apple, riding strong iPhone and Mac sales, has made
mincemeat of consensus estimates in recent quarters. That,
combined with the dizzying hype of April’s iPad launch, has
helped send its shares to all-time highs.
SAN FRANCISCO (Reuters) – Toshiba Corp’s personal computer sales in the United States jumped 50 percent in the first quarter, and the company said it was preparing to roll out tablet-style computing devices later this year to compete with Apple Inc’s iPad.
Jeff Barney, general manager of digital products for Toshiba America, said Toshiba plans to launch so-called “slate” PCs this year, running on both Microsoft’s Windows 7 and Google’s mobile Android operating systems.
SAN FRANCISCO, April 14 (Reuters) – Toshiba Corp’s <6502.T>
personal computer sales in the United States jumped 50 percent
in the first quarter, and the company said it was preparing to
roll out tablet-style computing devices later this year to
compete with Apple Inc’s <AAPL.O> iPad.
Jeff Barney, general manager of digital products for
Toshiba America, said Toshiba plans to launch so-called “slate”
PCs this year, running on both Microsoft’s <MSFT.O> Windows 7
and Google’s <GOOG.O> mobile Android operating systems.
SAN FRANCISCO (Reuters) – Global personal computer shipments rose sharply in the first quarter, according to industry estimates released on Wednesday, as businesses finally began to spend again on technology equipment.
Industry tracker IDC said PC shipments rose 24.2 percent in the January-March period to 79.1 million units, while Gartner put growth at 27.4 percent in the quarter.
NEW YORK/SAN FRANCISCO (Reuters) – Apple Inc said it would delay for one month the international roll-out of its iPad tablet computer, due to heavy demand and swift sales after its launch in the United States.
Although international markets are increasingly important to Apple’s growth, investors appeared unfazed by the delay announced on Wednesday, and the company’s shares rose more than 1 percent to touch yet another all-time high.
Microsoft officially entered the feature-phone wars on Monday, unveiling its new Kin device at a media event in San Francisco.
It’s tough to stand out in the exploding phone space these days; just keeping all the new gadgets straight takes some work. Device makers are increasingly targeting specific slices, such as gamers or video lovers.
, April 8 (Reuters) – Apple CEO Steve Jobs
showed off a new smartphone operating system on Thursday that
features an advertising platform to compete with Google’s, and
revealed stronger-than-expected sales of 450,000 units for the
The iPhone 4.0 software will be available on Apple’s
<AAPL.O> hugely popular smartphone this summer, complete with a
number of upgrades, including a long-awaited multi-taskingcapability that allows the use of several applications at
The media and industry analysts gathered at Apple’s headquarters in Cupertino, California, on Thursday got a heavy dose of commentary from CEO Steve Jobs on a range of subjects, representing probably his biggest mouthful in a single setting since returning from medical leave last summer.
In a session that lasted more than 90-minutes, including Q&A with reporters, a clearly energized Jobs expounded on the iPhone’s new system software, his nerves ahead of the iPad launch, Apple’s new role as a peddler of mobile advertising, and of course Google, the company’s nemesis du jour.
CUPERTINO, Calif (Reuters) – Apple Inc CEO Steve Jobs on Thursday revealed stronger-than-expected sales of 450,000 for the iPad since its much-hyped debut, and touted a phone operating system with a new advertising platform to compete with rival Google Inc’s.
Analysts expect sales of 1 million units or more for the device — touted as a new class of gadget that will bridge laptops and smartphones — in the current quarter ending June, and roughly 5 million in 2010, though estimates vary widely.