Computers

Apple reports Profit gain of 73% for Third Quarter

Apple reports Profit gain of 73% for Third Quarter

stock photo

[Best Syndication] Apple Inc. reported a 73 percent third-quarter profit increase which was considerably more than was predicted by industry analysts.

Record numbers of Macintosh notebook computers have been sold this past quarter. Also the introduction of the iPhone has pushed the profits up this quarter.

The net income was $818 million for this third quarter, which is a considerable increase compared tot eh same time last year was at $472 million.

Apple said that sales have increase by 24 percent $5.41 billion for this past quarter that ended on June 30th.

Good News For Apple Investors As Sales Skyrocket And iPhone Reaches Expectations

Good News For Apple Investors As Sales Skyrocket And iPhone Reaches Expectations

Stock Photo

(Best Syndication) Good news for Apple investors as stocks were up $2.23 to $137.12 per share on Wednesday (at market close). When it was announced that third-quarter profit rose 73 percent, more than analysts predicted, stock prices began to skyrocket. After hours trading (as of 5 pm PST) revealed an increase of 9.32% to $149.90 per share. This translates to a $12.78 increase for the day.

The real good news is that iPhone sales have met estimates and profits were up 73 percent. Net income increased to $818 million or 92 cents a share, from $472 million, or 54 cents last year. Apple said Wednesday in a statement that sales rose 24 percent to $5.41 billion in the quarter ended June 30, topping analysts' estimates of $5.32 billion.

Microsoft Agrees To Modify Windows Vista Desktop Search – Google Had Contended Feature Violated Anti-Trust Agreement

Microsoft Agrees To Modify Windows Vista Desktop Search – Google Had Contended Feature Violated Anti-Trust Agreement

Vista

(Best Syndication) After complaints from competitors Microsoft agreed to make changes in the desktop search feature imbedded in their new Vista operating system. The details of the modification have not been released yet, but the U.S. Justice Department and Microsoft are expected to provide details of the proposed changes in a joint report filed in federal court later Tuesday.

A desktop search allows users to search their hard drives. Reuters reports that Google filed a complaint with the Justice Department in December saying that the feature did not leave room for competition from other desktop search applications.

Apple Safari browser now on the PC - Is it really that big of a deal?

Apple Safari browser now on the PC - Is it really that big of a deal?

Screenshot of PC version of Apple's Safari browser

[Best Syndication] I understand Apple diehards love anything to do with the product, including the browser, but I felt like after all the hoopla I had to download the PC beta version of Safari to take it for a spin. This is what I discovered about the Safari browser.

Not much of anything extraordinary, and I think their claims for speed on the browser should have an asterisk by it saying that some sites are fast to load. While they give you shortcut links to those fast sights on your browser, once you start to venture into sights that you haven’t been to before, they don’t seem any faster than the other browsers. Or maybe it is my imagination that I am missing something great here. Does the performance gain have to do with your internet connection speed? They did mention faster video watching, but hey, I guess I am not that into television on the internet. I turn on my old fashioned televsion and get my TV watching done there instead.

Google Books – Big Ten Universities will add up to 10 Million Volumes

Google Books – Big Ten Universities will add up to 10 Million Volumes

Screenshot of Google Book website

[Best Syndication] Google will expand its only books by adding up to 10 million volumes of select books compliments of twelve universities scanning selected titles.

What would otherwise take hundreds of years to accomplish will be expedited with the help of an agreement with 12 schools on the Committee on Institutional Cooperation. This will make research and learning accessible to students, facility and the public quickly and easily in the years to come.

The universities that are included in this book scanning project include Illinois, Indiana, Iowa, Michigan, Michigan State, Minnesota, Ohio State, Penn State, Purdue and Wisconsin -- plus the University of Chicago.

This is currently on of the largest collaborative efforts to getting books digitized for viewing on the internet.

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