Live Coverage: Apple Q3 earnings call
Surprise. Apple is expected to report another dazzling quarter on Tuesday, propelled by strong demand for its bestseller iPhone and the sleeker iPad 2 tablets.
Apple share rose nearly 2.5 percent on Monday to $373.80 in anticipation of better-than-expected results for the fiscal third-quarter, which saw an easing of the supply constraints surrounding iPad2.
The stock, which touched an all time high of $374.65 earlier in the session, appeared to have emerged out of the limbo it has been since Chief Executive Steve Jobs took leave last January for unspecified medical reasons.
But will the call following the earnings report touch on succession issues, which some board members are now pondering, according to the WSJ?
Investors are looking for a 60 percent increase in revenue for June quarter but all eyes will be on the outlook for the second half of the year, which Wall Street is betting will be huge as it may include the launch of a new iPhone, its best-selling product that accounts for about 40 percent of its revenue.
Join Reuters correspondents Noel Randewich and Poornima Gupta for a chat. Joining them from Twitter will be Avi Greengart, research director for consumer devices at consulting firm Current Analysis, and Michael Gartenberg, technology analyst at Gartner.
Introducing Nintendo’s Wii U
Nintendo just announced the successor to the Wii at the annual U.S. video game confab, E3 on Tuesday.
Here’s what we know so far:
The new console is the first Nintendo device to support HD graphics. Its controller features a 6.2-inch touch-screen that works as a second display showing the same images being played on TV. The screen can also provide gamers with additional information to give them an edge over competitors. It can run old Nintendo games, has motion-sensor capabilities and can be used in conjunction with Wii controllers, the company said. Additional hands not included!
- plays 10 adp full HD graphics, can connect to HDMI
- will play proprietary high density discs and downloaded content
- hits stores between April 1 2012 and December 2012
- no HD video on touchscreen, but the new console will deliver HD video on TV screens
Bah.. Now to sell my Wii before gamestop lowers its trade value to 20$ like they do every time a new console is announced.. Then place a pre order even though I don’t really want this -_-
Damn you Nintendo for tapping into my inner child!
Also anyone know if there’s anywhere that you can pre order from? Amazon doesn’t have it up yet and the only site I saw that has some sort of recognition for pre orders is http://www.preorder-wiiu.com.. but even there you still can’t pre order.
Live Coverage: Will Apple finally disclose iPad 2 sales figures?
Apple should report another spectacular quarter, but tempered by growing caution over how supply constraints will squeeze margins and restrain iPhone and iPad sales.
Tops on the agenda will be the impact of Japan’s unfolding crisis on component prices and availability, while the spectre of Steve Jobs health and the uncertain timing of the next iPhone continues to hover in the background. Join us for a live chat at 5pm ET / 2pm PT after Apple reports its quarterly financials.
Low key PlayBook launch day
Research In Motion’s much vaunted PlayBook tablet got off to a quiet start in North America on Tuesday.
After leaving an empty Staples midtown Manhattan store at about 7:15 AM, we hit the nearby Office Depot. It had no customers looking for the device. In fact, it was hard to tell Office Depot was even selling PlayBook at all until a store employee directed us to the basement.
It took a while to find the PlayBook display among the other office supplies.
Once we found it, the display itself wasn’t very impressive, just a basic promotional sign. In fact, the store said that RIM had yet to send it a demo unit.
Instead, the employee handed out a leaflet listing the product’s tech specifications. Apparently, the store had sold three PlayBook early Tuesday. At about 7:20, a man in a suit came in but it turned out to be a Wall St analyst who stopped by to check out how many people were buying the tablet. Both analyst and reporter were gearing up to interview each other until they discovered they were on the same mission.
Demand looked better in Canada, where a short line formed outside a Best Buy in Toronto. But at a Future Shop in downtown Toronto, staff waited to welcome PlayBook buyers who didn’t really materialize. The PlayBook was at the far end of the tablet aisle and customers had to walk past an iPad display to get to it.
I’d like to interview LifeOfBrian about his post as he’s clearly the only other person interested in the topic
Live coverage of the iPad 2 launch
Live coverage of the expected announcement of Apple’s iPad 2. The event will begin Wednesday March 2 at 10 a.m. Pacific/ 1 p.m. Eastern.
Will Steve Jobs show up? Will Tim Cook pull off a major Apple launch alone? Is the rumored iPad 3 the one to wait for? How have investors traded on the news of big Apple launches?
Until Apple launched the iPad last January, the market for tablet computers was little more than the junkyard heap of laptops with touchscreens found on eBay. On Wednesday, Apple aims to secure its dominance in a market it (re)created with the expected launch of the iPad 2. Join our correspondents Gabriel Madway and Alexei Oreskovic at San Francisco’s Yerba Buena Center and others around Reuters for a live discussion of the biggest tech event this week.
Did they mention that the wifi problems would be solved?
Verizon’s iPhone antenna ‘death grip’ proof?
On the face of it, the iPhone 4 unveiled by Verizon Wireless on Tuesday is pretty much the same device that AT&T has been selling. It costs the same, and features essentially the same bells and whistles — with the nice addition of a personal Wi-Fi hotspot, that allows up to five other devices to share its wireless signal.
But the blogosphere quickly picked up on one intriguing change in Verizon’s iPhone: the all-important antenna, which wraps around the device. You can see some pics from Gizmodo here, highlighting the differences between iPhones offered by Verizon and AT&T.
You will recall that the antenna for AT&T’s iPhone was the source of quite the uproar last summer, when some users complained of poor reception and dropped calls when holding the device a certain way. The issue unexpectedly snowballed, giving rise to such memorable phrases as “Antennagate” and “iPhone 4 death grip.” Of course, none of it seemed to dent iPhone sales.
Last July, weeks after Apple rolled out the iPhone 4 for AT&T, the company was forced to hold a press conference to address the issue. Apple ended up offering free cases to users, but a defiant Steve Jobs maintained that the issue had been blown out of proportion and rejected any suggestion that the design was flawed. But the executive in charge of iPhone engineering left the company weeks after the controversy erupted.
In a statement on Tuesday, Apple acknowledged that the antenna design on the Verizon iPhone 4 is different. Although it declined to provide any details or specifics, the company said the antenna was built to work on Verizon’s network, which uses different technology than AT&T’s: “iPhone 4 has a great antenna that allows it to have an amazingly thin design, great battery life and reception. We designed the iPhone 4 external antenna to work great on Verizon’s CDMA/EVDO network.”
Bloggers were quick to begin testing the reception of the Verizon iPhone, mimicking the famous “death grip.” But so far, there have been no reports of problems. The true tests begin Feb. 10, when the device goes on sale.
(Photo: Reuters / Apple COO Tim Cook (l), Verizon Wireless COO Lowel McAdam (r))
VZW uses CDMA which operates differently and in a different frequency band than the GSM technology ATT uses.
Liveblog: Verizon set to launch the iPhone. Finally.
Verizon is set to launch the iPhone today — January 11, 2011 at 11am ET. Cheeky.
Will antennagate be fixed? Will Verizon launch a 4G version by summer? Will Steve Jobs make an appearance on stage or by hologram? Can Verizon Wireless’ network survive the crush? Will AT&T customers in San Francisco stop dropping calls?
We’re live blogging and analyzing the event today. Joining us for the liveblog from New York will be NPD analyst Ross Rubin, Gartner’s Michael Gartenberg and Ritsuko Ando, Reuters correspondent. Sinead Carew of Reuters will also be on scene in New York covering the announcement.
CES: Please turn off your phones and your Wi-Fi
English literature teachers, please tell me if I’m wrong to call this ironic.
The Consumer Electronics Show in Las Vegas is all about technology, and pack journalists and tech experts all over the world say that wireless will be the next big boom. So why are various companies at this year’s CES begging and in some cases instructing people not to use their wireless devices or their Wi-Fi connections?
Here’s an email that my colleague Alexei Oreskovic received.
Alexei:
We have all heard of or experienced Wi-Fi challenges at high-profile events.
Please help our sponsors demonstrate their products. We ask you to turn off your phone before you enter Showstoppers tonight. If you can’t do that, please turn off Wi-Fi access on your smartphone and other mobile devices, including all mobile hotspot devices and anything else that acts as a mobile access point.
This is an increasing industry-wide problem common to press conferences, meetings and other high-profile events that rely on Wi-Fi. Wi-Fi was designed for homes and other small spaces with more modest Internet demands. Wi-Fi was never intended for large halls and thousands of people packing an arsenal of laptops, smartphones, tablets and hotspots. Perhaps the entrepreneurs, innovators and journalists attending ShowStoppers tonight can improve this? Got an idea? Send it to me by email.
CES: Portraits in purple prose (part one)
I was going to call this blog entry about this year’s Consumer Electronics Show press releases, “language crimes.” But that’s overheated. I’ll call it “overexcited claims” instead. It’s a sample of the sometimes purple, overwrought prose that press agents produce to show off clients’ products. At shows like CES, where 125,000 people overwhelm Las Vegas to gawk at consumer electronics for several days, there’s a lot of effort to get attention from harried, cranky journalists.
Odd results occur when you pair dramatic words with products that, no matter how much you might love them, don’t lend themselves to such… Byronic descriptions. Often accompanying them are typical buzzwords of the technology public relations corps, which after 15 years still leave me wondering if perhaps I haven’t mastered my native language.
Here are a few (I’ll file more later today and on Thursday):
Redefining the visual experience
Sigma Designs, a leading provider of system-on-chip (SoC) solutions for delivering entertainment and control throughout the home, today announced that it will showcase at the 2011 Consumer Electronics Show, new products and award-winning solutions that bring the first studio-quality entertainment experience to the living room. For the first time, Sigma will demonstrate its new powerhouse SMP8910 and thin-client optimized SMP8670 Secure Media Processors…
Exciting new series of mobile accessories
MINNEAPOLIS, Jan. 4, 2011 /PRNewswire/ — Bracketron, the leading manufacturer in mounting solutions for mobile consumer electronics, today announced an exciting new series of mobile accessories designed for use in the home, office or anywhere in between. The products combine trend-forward color, style and function to fit the unique lifestyles of consumers.
CES: One strip club, one Howard Stern producer and 125,000 friends
In my second day of searching for the most interesting and interestingly written press releases about the Consumer Electronics Show, I came across what appears to be an invitation for 125,000 people:
LAS VEGAS–(Business Wire)– Gary Dell`Abate, best-selling author and long-time producer of The Howard Stern Show will host a party January 8th at Rick`s Cabaret Las Vegas, to which he has invited all fellow attendees of the world-famous Consumer Electronics Show. The club is part of the Rick`s Cabaret International, Inc. (NASDAQ:RICK) group of upscale gentlemen`s clubs.
The party will take place at the club at 3355 Procyron Street at Desert Inn Boulevard, just off the Las Vegas Strip, starting at 10 p.m. Dell`Abate will be in town to attend the CES, which he hosted last year. Dell`Abate will be assisted in his hosting duties by beautiful, raven-haired adult star Daisy Duxe, who has appeared in over 150 popular adult films. She is appearing as part of an adult-star extravaganza at the club, where blonde centerfold model and adult star Prinzzess appears on Friday night January 7th.
“I love the people who attend CES and I think they will love Rick`s Cabaret,” says Dell`Abate, who has been on a nationwide tour in recent weeks promoting his new bestselling book They Call Me Baba Booey. …
Admission to Rick`s Cabaret LV will be free to guests who call 702-367-4000 and request complimentary limo pickup service, or arrive in their private vehicle. Rick’s Cabaret complimentary transportation can also be arranged online at rickslasvegas.com.
That’s all well and good, but if all 125,000 people who are supposed to come to CES this year show up, it could create some tense moments with the fire marshal.
