I saw from the inside and outside how RIM transformed the mobile landscape, and how the company even battled its own inner demons throughout the years. Here are my thoughts on the company’s worst quarter in five years: RIM grew incredibly fast. It grew faster than the company knew how to manage, and RIM slowly — and then quickly — slipped as a result. This is the company that used to make users choose between a device with Wi-Fi and no GPS, or GPS and no Wi-Fi, just to have two products on the market instead of one. This is the company that refused to take the consumer market seriously for a number of years. This is the company that
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Apple has sold more than 3 million iPads since Friday
Apple has just announced that the company sold a record 3 million iPads since the new tablet’s launch this past Friday. “The new iPad is a blockbuster with three million sold―the strongest iPad launch yet,” said Philip Schiller, Apple’s senior vice president of Worldwide Marketing. “Customers are loving the incredible new features of iPad, including the stunning Retina display, and we can’t wait to get it into the hands of even more customers around the world this Friday.” Hit the break for Apple’s full press release. New iPad Tops Three Million CUPERTINO, California―March 19, 2012―Apple® today announced it has sold three million of its incredible new iPad®, since its launch on Friday, March 16. The new iPad features a stunning
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A new iPad…
It almost feels like we’ve been here before. Apple launched a new product with almost the exact same exterior look and feel as the previous model, and almost all of the upgrades are buried deep within the device. Why can’t Apple make a brand new game-changing form factor every year?! Steve Jobs was the best (even though the people who say this now used to talk shit about him all the time on forums and in blog comments when he was alive) and now that he is gone, Apple is done! Well, we have been here before — just a few months ago, in fact. But the disappointment from people who get paid to write about tiny spec upgrades in
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Apple’s plans for $100B cash reserve: $10 billion stock repurchase, $2.65 quarterly dividend
Apple on Monday hosted a conference call to reveal the fate of at least some of the $100 billion in cash and cash equivalents the company has amassed over the past few years. Apple announced that it plans to repurchase $10 billion of stock over the next three years, in addition to paying out a $2.65 quarterly dividend. Over the next three years, the compay expects to spend $45 billion. Apple’s press release follows below. Apple Announces Plans to Initiate Dividend and Share Repurchase Program Expects to Spend $45 Billion Over Three Years CUPERTINO, Calif.–(BUSINESS WIRE)–Apple® today announced plans to initiate a dividend and share repurchase program commencing later this year. “Even with these investments, we can maintain a war chest for
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Apple to announce plans for its $100 billion cash stockpile tomorrow
Apple has just alerted the media that it plans to discuss what the company will do with its $100 billion in cash tomorrow at 9:00 AM ET. The most logical assumption is Apple will issue a dividend to shareholders. Or buy part of Samsung or something crazy. Press release follows. WHAT: Tim Cook, Apple’s CEO, and Peter Oppenheimer, Apple’s CFO, will host a conference call to announce the outcome of the Company’s discussions concerning its cash balance. Apple® will not be providing an update on the current quarter nor will any topics be discussed other than cash. WHERE: Via conference call. The dial-in number for press is (877) 616-0063 (toll-free) or (719) 219-0041. Please enter confirmation code 592016.WHEN: Monday, March
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Apple iPad hands-on
Apple’s new iPad continues to push the company miles and miles beyond any possible competition. The new Apple tablet really does feel the same as the iPad 2, even though it’s slightly tapered in a different way, but it’s a tad bit thicker and a smidgen heavier. The most incredible thing about it is, of course, that beautiful Retina Display. It’s best display I have ever seen, period. It actually looks unreal, like it’s not a digital display at all, but an actual printed glossy photo. It’s kind of mind-blowing. I haven’t had much time (obviously) to test 4G LTE on the new iPad, but one more thing I’ll say is that the iPad doesn’t feel heavier and thicker than my iPad 2,
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iPad to be available at 8AM this Friday
Apple has just confirmed that the company’s brand new iPad will be available for in store purchase starting at 8:00 a.m. local time this Friday from Apple retail stores. AT&T and Verizon stores, in addition to authorized Apple retailers like Best Buy and Target (pronounced: tar-jay) will also be selling the iPad in the United States. Apple’s iPad will also make its way around the world in the company’s fastest product roll-out ever, touching down in Australia, Canada, France, Germany, Hong Kong, Japan, Singapore, Switzerland and the United Kingdom. CUPERTINO, California―March 14, 2012―Apple® today announced the new iPad®, the third generation of its category defining mobile device, will arrive at Apple’s retail stores and the Apple Online Store (www.apple.com) on
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Apple’s only $14 billion away from being larger than the entire U.S. retail sector
Apple market capitalization, as it sits, is just over $514 billion — an astonishing number we’re all still getting used to. Even more amazing, however, is that Apple’s market cap is about to be larger than the entire United States retai…
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iPad to be available starting at 8AM this Friday?
9to5Mac is reporting that Apple’s all new iPad, featuring an incredible Retina Display and 4G LTE, will be available to purchase from Apple Stores and select authorized retailers starting at 8:00 a.m. local time on Friday, March 16th. It will be available from AT&T and Verizon stores as well if you’re interested in the 4G models. We’re waiting on confirmation from Apple, but we’d say this is a go.Read
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AT&T’s Nokia Lumia 900 launch delayed, now set to debut on April 22nd for $99.99
BGR exclusively reported this past January that the Nokia Lumia 900 will retail for a mind-blowing $99.99 with two-year agreement when it launches on AT&T. We also reported that the sleek smartphone was slated for a March 18th release, but we noted that the Lumia 900 hadn’t yet received technical acceptance so the launch date could slide. We have now been told by a trusted source that the launch has indeed been delayed, and AT&T is now aiming to make the Lumia 900 available online and in stores on April 22nd. The handset’s amazing price point remains unchanged, however, so Windows Phone fans can look forward to seeing Nokia’s flagship smartphone launch next month for less than $100.
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