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AAPL
Apple Inc.

5/25/2012, 12:42 AM ET
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  • Thursday 3:37 PM Apple (AAPL) EMEA chief Pascal Cagni has resigned, according Le Figaro. It's claimed Cagni, who was hired in 2000 by Steve Jobs, tendered his resignation yesterday. Apple's European sales totaled $11.3B in FQ2, or 24% of global revenue. [Tech]
  • Thursday 2:49 PM Google's (GOOG) rumored Nexus tablet will ship next month, Digitimes reports. It's added the 7" device, which a past report suggested will sell for $199, is expected to have 2012 shipments of just 2M-2.5M - IDC has estimated the 2012 tablet market will total 106M units. Between competition from the 9.7" iPad, the Kindle Fire, the Nook Tablet, and perhaps also an "iPad Mini," as well as Apple's (AAPL) huge lead in available tablet apps, Google has its work cut out for it. (also) [Tech]
  • Thursday 12:36 PM Millennial Media's (MM) Q1 Mobile Mix Report drives home the disproportionate and growing share of mobile web traffic and ad viewing claimed by tablets. Ad impressions served by Millennial to non-phone devices (primarily tablets) rose 33% Q/Q, and now make up 20% of all impressions. With the iPad dominating tablet web traffic, that's a bit of a problem for Millennial, due to iAd competition, and a bigger problem for Google (GOOG), due to its search revenue-sharing deal with Apple (AAPL). [Tech]
  • Thursday 10:50 AM Adam Lashinksky, author of a recent book on Apple's (AAPL) business culture, provides an inside look at how the Tim Cook era is unfolding. For better and/or worse, Apple is becoming "a more normal company" under Cook, Lashinsky suggests. Some of the changes: Cook engages with investors in a way Jobs didn't; engineers have to share more decision-making authority with managers; and the company now has a dedicated M&A team. [Tech]
  • Wednesday 1:30 PM Though many tech names are selling off following Dell's (DELL -17.8%) FQ1 miss, Apple (AAPL +0.5%) is outperforming again. The iPad is undoubtedly the biggest culprit behind the tablet cannibalization partly blamed for Dell's weak notebook sales, and the fact Dell suggests this trend is also affecting enterprise sales a bit has to be spooking investors. Meanwhile, it's reported a court-suggested meeting between Apple and Samsung's (SSNLF.PK) CEOs "yielded no compromise." [Tech, On the Move]
  • Wednesday 11:29 AM Apple (AAPL) single-handedly bought $23B worth of chips last year, estimates IHS' Dale Ford, and he sees its purchases growing to $27B in 2012 and $29B in 2013 (ed: those figures might be conservative, given revenue growth forecasts). That helps put into numbers the huge impact Apple's earnings reports have on chip stocks. Rival/top component supplier Samsung (SSNLF.PK) bought $15B in chips last year, and H-P (HPQ) bought slightly less. [Tech]
  • Wednesday 10:12 AM "What we’re working on now feels like the most important and the best work we’ve done," newly knighted Apple (AAPL) design chief Jony Ive cryptically tells The Telegraph. Rumors abound regarding a bigger iPhone, smaller iPad, and Apple TV set. Ive also evangelizes about Apple's philosophy: "What preoccupies us is that sense of care ... what our products will not speak to is trying to respond to some corporate or competitive agenda." (previous) [Tech]
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Company Description

Apple Inc. and its wholly-owned subsidiaries (collectively “Apple” or the “Company”) design, manufacture, and market personal computers, mobile communication devices, and portable digital music and video players and sell a variety of related software, services, peripherals, and networking... More

Sector: Technology
Country: United States