Steve Jobs has won over legions of new customers since he returned to Apple, but one key group has stubbornly eluded him: big business.
Is it time to consider moving your small business to Macs?
In Pixar Films' upcoming animation epic, "Wall-E," the title character is a cute but clunky robot whose centuries of solitude on an abandoned Earth is broken by the arrival of a svelte, futuristic robot named Eve - who is so white, gleaming, and well, pod-like, that she looks like she was born in Apple's design room. It turns out that she was - sort of: Eve marks the first design collaboration within Steve Jobs' culture-shaping Apple-Pixar-Disney axis. (Jobs sold Pixar to Disney and is Disney's largest shareholder as well as the CEO of Apple.)
Apple Inc.'s fiscal second quarter was another blowout, with results that easily surpassed Wall Street's expectations, but it wasn't enough for investors to warm up to the company's stock any further.
Computer and consumer electronics giant Apple announced fiscal second-quarter sales and profits on Wednesday that beat Wall Street's expectations thanks to a 51% increase in Macintosh sales.
In October 2003, as the computer world buzzed about what cool new gadget he would introduce next, Apple CEO Steve Jobs - then presiding over the most dramatic corporate turnaround in the history of Silicon Valley - found himself confronting a life-and-death decision.
Stock futures were pointing to a positive open Wednesday, ahead of a wave of economic reports and a reading on oil supplies.
The mass market is supposed to be dead, but you would never know it from Apple. In February the iTunes Store became the second-largest music retailer in the U.S., right behind Wal-Mart. The iPod is to music players what Kleenex is to tissue or Xerox is to copiers. Almost everything Apple makes transcends gender, geography, age, and race. An Apple Store is a demographic melting pot, with computer games for kids and a Genius Bar for their parents and so much cool stuff to touch that it's a magnet for teens and twentysomethings.
It's time again for DEMO, that bi-annual entrepreneurial beauty contest where hungry startups by the dozens parade their latest creations before a who's who of Silicon Valley money men. This winter's gathering is being held at the end of January in a Marriott resort a few miles south of Palm Springs, Calif. As I write this, it is expected to draw a record number of corporate bidders. "A lot of little companies are going to be picked up in some real sweet deals," says Chris Shipley, DEMO executive producer. "We're going to see a lot of activity."
Apple's disappointing outlook sent tech stocks reeling at the start of trading Wednesday, with investors still bothered by the prospects of a recession.
Steve Jobs has won over legions of new customers since he returned to Apple, but one key group has stubbornly eluded him: big business.
Is it time to consider moving your small business to Macs?
In Pixar Films' upcoming animation epic, "Wall-E," the title character is a cute but clunky robot whose centuries of solitude on an abandoned Earth is broken by the arrival of a svelte, futuristic robot named Eve - who is so white, gleaming, and well, pod-like, that she looks like she was born in Apple's design room. It turns out that she was - sort of: Eve marks the first design collaboration within Steve Jobs' culture-shaping Apple-Pixar-Disney axis. (Jobs sold Pixar to Disney and is Disney's largest shareholder as well as the CEO of Apple.)
Apple Inc.'s fiscal second quarter was another blowout, with results that easily surpassed Wall Street's expectations, but it wasn't enough for investors to warm up to the company's stock any further.
Computer and consumer electronics giant Apple announced fiscal second-quarter sales and profits on Wednesday that beat Wall Street's expectations thanks to a 51% increase in Macintosh sales.
In October 2003, as the computer world buzzed about what cool new gadget he would introduce next, Apple CEO Steve Jobs - then presiding over the most dramatic corporate turnaround in the history of Silicon Valley - found himself confronting a life-and-death decision.
Stock futures were pointing to a positive open Wednesday, ahead of a wave of economic reports and a reading on oil supplies.
The mass market is supposed to be dead, but you would never know it from Apple. In February the iTunes Store became the second-largest music retailer in the U.S., right behind Wal-Mart. The iPod is to music players what Kleenex is to tissue or Xerox is to copiers. Almost everything Apple makes transcends gender, geography, age, and race. An Apple Store is a demographic melting pot, with computer games for kids and a Genius Bar for their parents and so much cool stuff to touch that it's a magnet for teens and twentysomethings.
It's time again for DEMO, that bi-annual entrepreneurial beauty contest where hungry startups by the dozens parade their latest creations before a who's who of Silicon Valley money men. This winter's gathering is being held at the end of January in a Marriott resort a few miles south of Palm Springs, Calif. As I write this, it is expected to draw a record number of corporate bidders. "A lot of little companies are going to be picked up in some real sweet deals," says Chris Shipley, DEMO executive producer. "We're going to see a lot of activity."
Apple's disappointing outlook sent tech stocks reeling at the start of trading Wednesday, with investors still bothered by the prospects of a recession.
Is it just me, or does it seem telling that the innovative products coming out of this year's Macworld Expo are no longer Apple gear?
U.S. stocks fell at the start of trading Thursday after ex-Pakistani prime minister Benazir Bhutto was assassinated.
Management guru Jim Collins once called Steve Jobs the "Beethoven of business." He was marveling at the Apple founder's ability, time and again, to conjure digital objects of desire from esoteric blends of chips, disks, plastic, and software, and then promote them with his own alluring brand of performance art. But Jobs might also be called its Machiavelli, a man who can bend suppliers, partners, and even industries to his will.
The way that big tech stocks have been wandering around the map lately, you need a global positioning system to figure out what direction they're headed in. And indeed on Friday, investors found their way back to Garmin, the once-highflying maker of global positioning systems - at least for a day. Garmin shares surged 16% Friday after it dropped a costly acquisition plan and extended a deal to buy digital map data from its current supplier. Friday's bounce shook Garmin out of a six-week-long swoon that shaved a third off its market capitalization, as Wall Street began wondering about the company's place in a fast-growing but rapidly consolidating industry.
Next Stop New Delhi!: So I'm winging off to India on Friday to attend the Fortune Global Forum there. It's an amazing confab of public and private sector leaders. It's so great we¹re having it India this time around, because this country is such an economic hotspot and a crossroads right now. Just ask Google. Or Cisco. Or IBM. We already got some cool stuff up on our Global Forum site. So ya'll go there, hear? And treat yourself to a nice dinner at an Indian restaurant while you're at it!
Apple's upbeat earnings helped fire up the tech sector Tuesday afternoon, as investors continued to move back into stocks after last week's mass exodus.
Apple's upbeat earnings helped fire up the tech sector Tuesday afternoon, as investors continued to move back into stocks after last week's mass exodus.
Stocks trimmed gains early Tuesday afternoon, as upbeat earnings from Apple continued to boost the Nasdaq, but news that Wal-Mart has cut its spending plans for the year limited the Dow's advance.
Stocks rallied Tuesday morning, as upbeat earnings from Apple, American Express and DuPont reassured investors after some recent disappointing quarterly reports.
U.S. stocks rallied at Tuesday's open, with tech stocks leading the way after Apple reported knockout quarterly results.
U.S. stock futures were stronger Tuesday after positive earnings reports, led by Apple Computer, lifted sentiment.
U.S. stock futures were stronger Tuesday after positive earnings reports in the technology sector, led by Apple Computer, lifted sentiment.
Apple Inc. reported Monday that profits surged 67 percent in its fiscal fourth quarter - a period that saw the sales of more than 10 million iPods, 1 million iPhones and a record 2 million Mac computers.
Computer and electronics maker Apple Inc. said Friday it named Daniel Cooperman senior vice president, general counsel and secretary.
Apple may bid for the rights to a wireless spectrum auctioned by the Federal Communications Commission, a risky but intriguing move that would help carry the consumer electronics company into the telecommunications realm.
Technology and financial services firms won a key patent reform victory Friday when the House approved legislation the industries have pushed for years by a vote of 220-175.
Stocks surged Tuesday after early economic reports supported hopes that the Federal Reserve may cut interest rates soon, while Apple and Yahoo! led a rally in tech shares.
Stocks rallied Tuesday led by strength in tech stocks like Apple and Yahoo in addition to encouraging economic reports.
Tech stocks rallied near the closing bell Tuesday lifted by strength in Apple and Yahoo, while the broader market advanced on earlier economic reports.
Tech stocks rallied Tuesday lifted by strength in Apple and Yahoo, while the broader market gained after early economic reports encouraged hopes that the Federal Reserve might consider cutting interest rates at its meeting later in the month.
U.S. computer company Apple Inc. and German automaker Volkswagen AG are discussing the possibility of building an "iCar" that would feature products by the producer of the ubiquitous iPod personal music player.
Last January, when Steve Jobs rechristened his company by ostentatiously excising the word "Computer" and leaving it as simply "Apple Inc.," he did so during the very same public event when he first showed off the iPhone.
Apple Inc. said on Tuesday it would offer the entire solo catalog of John Lennon on iTunes in its second such deal with one of the Beatles, who have been among the highest-profile holdouts to put tunes online.
Vivendi's Universal Music Group, the world's largest music label, said Thursday it will test the sale of songs from artists such as Amy Winehouse, 50 Cent and the Black Eyed Peas, without customary copy-protection technology.
Apple Inc. unveiled a line of slimmer desktop computers on Tuesday in a long-expected update of its iMac brand.
Apple's stock sank more than 6 percent Tuesday after AT&T reported that it activated 146,000 iPhones during the first two days the device was available, far fewer than analysts had anticipated.
Just a few years ago FORTUNE was predicting that high-flying tech companies would soon displace the oil and auto giants that had been hogging the limelight at the top of the Global 500. Well, look who's still riding high: Six of the top ten companies on this year's list are pumping petroleum, and three more are making vehicles that burn it. True, Wal-Mart regained its title as the world's largest company by revenue. And thanks to a global mergers-and-acquisitions boom that paid out $11 billion in fees, the securities industry grew 45% by revenue in 2006. That lifted Morgan Stanley (No. 61), Merrill Lynch (No. 70), and Goldman Sachs (No. 72) into the top 75 for the first time. But the big story was oil. Exxon Mobil (No. 2), buoyed by high crude prices, was again the most profitable company in the world ($39.5 billion). The refining industry overall represented more than 14% of the Global 500's $21 trillion in revenue. That rising tide of petrodollars lifted a Chinese company, Sinopec
Mobile phone operator O2, part of Spanish telecoms group Telefonica, is poised to clinch a deal to be the exclusive network partner for Apple Inc.'s iPhone in the UK, newspapers said Thursday.
Sometimes you get what you don't pay for. Here are nearly two dozen of the best freebies and -- most important -- how to score them
Stocks were poised for a positive start to the second half of 2007 Monday - but if last week is any indication, investors are in for another session of volatile trading.
Universal Music Group, the world's largest music company, has declined to sign a long-term deal with Apple Inc.'s iTunes music store, leaving open the possibility for exclusive deals with other services, an industry source said on Sunday.
Good news and bad news for Apple's 18,000 employees: they are all getting free iPhones but they will have to wait a month to get them.
The first thing you notice about John MacFarlane is that he's got Steve Jobs on the brain.
Strong earnings from a slew of big-name stocks including Apple, 3M and ExxonMobil look set to push stocks higher Thursday, building on the previous session's record high for the Dow.
Six Apple board members issued a statement of confidence Wednesday in the Securities and Exchange Commission's investigation's conclusion of a stock options probe into Apple, as well as CEO Steve Jobs' "integrity and ability to lead."
Apple CEO Steve Jobs received just $1 for his services in 2006, with no bonus, according to a regulatory filing Monday.
Apple Inc. said Thursday it pushed back the release of its new operating system, Leopard, until October from its target date of June.
Technology shares slumped and the broader market wobbled, as rising oil prices and a weaker-than-expected manufacturing report overshadowed any enthusiasm about the day's spate of corporate deals.
Why would Al Gore, America's best-known environmentalist and a member of the board of directors of Apple, oppose shareholder resolutions that ask the computer maker to become more green?
Stocks turn mixed, giving back early gains, after a weaker-than-expected manufacturing report countered early enthusiasm about the day's corporate deals.
EMI Group has agreed to make its music catalogue available through Apple Inc.'s iTunes store without copy protection.
"Sorry Steve, Here's Why Apple Stores Won't Work," BusinessWeek wrote with great certainty in 2001. "It's desperation time in Cupertino, Calif.," opined TheStreet.com. "I give [Apple] two years bef...
We're springing forward three weeks early this year and that could cause some computer and gadget headaches. We'll give you the preparation tools you need to navigate through this year's time change.
Did Steve Jobs backdate the options he got as Apple's CEO? I doubt it, based on the evidence I've seen, though the company admits it backdated some other employees' options. Seems to me what he rea...
The major stock indexes left a strong 2006 behind, posting smaller gains through mid-January, slowed in part by weaker than expected forecasts from tech companies like Apple and Intel. The Dow Jone...
The music business is in a funk. Everybody knows that.
Apple Inc. and The Beatles' company Apple Corps. have reached a new trademark agreement, the companies said Monday.
The Securities and Exchange Commission and the Justice Department questioned Apple Inc. CEO Steve Jobs about backdated stock options at the San Francisco federal building last week, according to a report Tuesday.
The Nasdaq composite slumped Thursday, falling for a second straight session after Apple's earnings forecast raised worries about the strength of technology earnings in the just-completed fourth quarter.
The Nasdaq composite slumped Thursday, falling for a second straight session after Apple's earnings forecast raised worries about the strength of technology earnings in the just-completed fourth quarter.
Slumping oil prices failed to lift stocks Thursday afternoon, with investors worried about technology earnings in the just-completed quarter and the outlook for inflation and the economy.
Apple's earnings forecast dragged on the Nasdaq Thursday afternoon, sending the index lower for a second consecutive session on worries about the strength of technology earnings in the just-completed fourth quarter.
The Nasdaq composite slumped Thursday afternoon, falling for a second session after Apple's earnings forecast raised worries about the strength of technology earnings in the just-completed fourth quarter.
Technology stocks slumped Thursday morning, dragged down by Apple's earnings forecast, while the broader market struggled to stem losses amid mixed signs about the health of the economy.
Tech stocks slumped on Apple's earnings forecast, while the broader market was mixed Thursday morning, as investors weighed encouraging reports about the housing market with a rise in a key measure of inflation.
Technology stocks slipped at Thursday's U.S. market open as concerns about Apple weighed on investors. The broader market was up slightly.
A sharp increase in consumer prices in December and worries about growth from tech leader Apple put stocks on a course for a flat to lower open Thursday, despite an upbeat reading from the housing sector.
Click on the iTunes music store and punch in "Beatles" under artist search. More than 50 albums will pop up, including Arthur Fiedler and the Boston Pops Play the Beatles, but none are the real dea...
When Apple Computer disclosed on Dec. 29 the results of its own internal investigation into whether CEO Steve Jobs engaged in options-timing irregularities, the probe, conducted by a special commit...
Stocks rallied Friday afternoon after a strong retail sales report reassured investors about the strength of the economy.
For better or worse, Apple chief executive Steve Jobs can't seem to stay out of the headlines.
Stocks pushed a bit higher Wednesday afternoon as an Apple-led technology advance spread to the broader market.
Stocks struggled Wednesday afternoon as investors welcomed falling oil prices and continued to boost shares of Apple, but were cautious at the start of the quarterly earnings reporting period.
Stocks were mixed Wednesday morning as investors welcomed falling oil prices and continued to propel shares of Apple, but showed some caution at the start of the earnings reporting period.
Stocks were mixed Tuesday as investors mulled falling energy prices and strength in Apple Computer ahead of the start of the fourth-quarter earnings reporting period.
Stocks slipped at midday Tuesday as investors welcomed falling energy prices, but also dumped oil and gas stocks after last year's run.
Lower oil prices and anticipation of new Apple products helped lift U.S. stocks at Tuesday's open.
Apple Computer Inc.'s iTunes plans to start selling movies owned by Viacom Inc.'s Paramount Pictures, according to a report Tuesday.
What is likely to happen in 2007, when it comes to tech? Change is now happening so quickly, and technology change is so greatly inducing societal change, that change itself is just about the only constant.
A shareholder suit is charging that Apple gave four executives a huge windfall by granting them options to buy almost 1 million shares of company stock the day before the then struggling computer maker announced a $150 million investment by Microsoft in 1997, according to a published report.
Stocks were little changed Friday in thin trading before the long holiday weekend, with investors content to hang onto recent gains at the end of a strong year on Wall Street.
We run a feature every other week (give or take) called Stock Spotlight that focuses on shares of a well-known company. At the end of the piece, we share our opinion as to whether the company being profiled is a good bet or not.
Stocks clung to a tight range near midday Friday, with investors content to hold on to recent gains at the end of a strong year on Wall Street.
Stocks rose modestly Friday morning, with investors extending gains at the end of a strong year on Wall Street.
Stocks crept higher Friday morning, extending gains at the end of a strong year on Wall Street.
Apple Computer disclosed in a regulatory filing Friday that Chief Executive Officer Steve Jobs was aware that some stock options granted to him and other executives at Apple between 1997 and 2002 were backdated and that the company was restating financial results for the past few years as a result of the backdating.
Stocks looked set to open mixed Friday after Apple filed its quarterly report and a spate of deal news capped a year abuzz with merger activity.
Stocks inched lower in light trading Thursday, but the losses were minimal near the end of a strong year on Wall Street.
Stocks struggled for direction Thursday afternoon, with investors reluctant to buy but reluctant to give back much near the end of an upbeat year for the markets.
Investors expressed concern Thursday regarding the latest reports about options grants made to Apple Computer's enigmatic chief executive officer Steve Jobs.
Just about a year after Apple's CEO Steve Jobs first wowed the tech world with the ultrathin sleekness of the first iPod Nano, Apple has unleashed Nano number two into the world.
Stocks slipped near midday Thursday, near the end of a positive year for the markets and one session after the Dow industrials index hit its highest close ever.
Stocks slipped Thursday morning, retreating one session after the Dow industrials index hit its highest close ever, as investors mulled Apple's options woes, rising Treasury bond yields and a trio of upbeat economic reports.
Stocks sputtered Thursday morning, with investors showing caution after a two-day advance that left the Dow Jones industrial average at an all-time high.
Stocks looked set to give back some gains Thursday after the Dow hit a record high Wednesday - closing above 12,500 for the first time ever.
Federal prosecutors are investigating stock option documents at Apple Computer that may have been falsified by company officials, a published report said Wednesday. The news sent the company's stock sliding, but the shares later recovered most of the lost ground.
A well-regarded computer and consumer-electronics maker plunges into the competitive wireless market with a combination music player/cell phone. The company's loyal users can barely wait to try the new gadget, and analysts predict the device will deliver on the long-promised marriage of music and mobility.
If Steve Jobs' Apple decides to build a wireless phone, as widely rumored, the company has the chance to shake up not just the wireless device business - an industry dominated by the likes of Motorola and Nokia - it also could upend the entire wireless distribution model in the United States.
Apple Computer said Friday it was delaying its annual report as it works through the results of an internal probe into the timing of past stock options.
Options backdating has sparked investigations at more than 120 companies, from Apple to Zoran. It's also cost a few CEOs their jobs, including Comverse's Jacob "Kobi" Alexander (near right), who's ...
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