iPad and Apple

August 26th, 2011 at 9:29 AM EST | by Oliver VanDervoort

Apple Projected to Hold Tablet Market Lead Until at Least 2013

Despite being the first tablet of its kind on the market, new projections show that the Apple iPad will still hold the attention of tablet users through at least 2013 and possibly well beyond. A research firm known as IHS iSuppli has recently released updated sales projections of all sorts of tablet computers through 2015 and the company says that the iPad will still dominate the market for another two years at the very least. IHS says that the main reason Apple will continue its stranglehold is because of their innovation but also because the other tablet manufacturers simply cannot put out a product that is as high a quality.

The demand for the Apple iPad has actually grown to the point where the company is now projecting the demand for the iPad this year to reach 44.2 million units. That projection is actually increased by 500,000 over IHS iSuppli’s previous estimates. That 44.2 unit number means that Apple will actually hold far more than the majority of the market as that is 74 percent of all tablets expected to be shipped in 2011. If that percentage does hold true it would actually mean a 10 percent jump in total market share from previous estimates. The new numbers also show that Apple will continue to have the majority of the market one year longer than previous believed as the iPad was originally expected to be knocked off its perch at 2012.

“All the momentum in the media tablet market is with Apple right now,” said Rhoda Alexander, senior manager, tablet and monitor research for IHS. “The competition can’t seem to field a product with the right combination of hardware, marketing, applications and content to match up with the iPad. Furthermore, Apple’s patent litigation is serving to slow or complicate competitors’ entry into some key regional markets. With Apple lapping its competitors, many of whom are still struggling to get out of the starting gate, this remains a one-horse race.”

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August 24th, 2011 at 7:31 PM EST | by inu846W

Steve Jobs Resigns as Apple CEO

Steve Jobs, the man at the forefront of Apple since its inception resigned from his post as company CEO today. Tim Cook will take over as the new CEO, while Jobs will serve in a lesser role as Chairman of the Board.

In a letter to Apple’s Board of Director’s and the Apple community, Jobs writes:

To the Apple Board of Directors and the Apple Community:

I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.

Steve

Jobs has suffered from health problems since 2004 after being diagnosed and treated for pancreatic cancer. Since then he has taken a few more leave of absences, most notably in 2009 for a liver transplant, and most recently since January 2011.

Apple stock is currently down about 5% at $356 dollars per share.

 

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August 15th, 2011 at 8:58 AM EST | by Oliver VanDervoort

Apple Becomes Most Valuable Public Company Thanks to iPad

Anyone who has been following Apple closely at all knows that the company is run extremely well and that it is mighty profitable. What might surprise even those who watch the company and the business world in general very closely is just how profitable the company actually is. The stock market isn’t always the best indicator when talking about valuable a company is from one day to the next as there is something to be said for leaving it up to the whim of investors who can be pretty fickle when they are in the mood. Still, Apple’s rise to the top of the stock market on Wednesday August 10th shows just how well the company is doing over the last few years. A lot of that success can be attributed to the iPad.

Apple’s market cap valuation ended at $337.2 billion on the day, and despite vaulting into first the company’s shares actually dropped 2.8 percent. The company that actually fell into second place was oil giant Exxon, telling you exactly where we are when we’re talking about the most valuable companies in the world. Exxon saw their stock drop 4.4 percent in order to drop behind Apple for the first time when either company was sitting at the top of the stock market charts.

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Apple has seen some real improvement in their stock value over the last few years. During their climb to the top of the earnings list, they have passed all other computer makers including Dell, HP and finally in 2010 they were able to pass their biggest competitor in Microsoft. Since Apple surged past them last year, Microsoft has actually seen a bit of a dip of their own stock and Apple’s stock is now worth more than $130 billion more than Microsoft. Ironically, a decade ago, Microsoft was also worth more than Exxon, but oil and gas prices have driven companies like Exxon to the top of the stock market where they seem like they will remain for years to come.

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July 19th, 2011 at 2:55 PM EST | by Oliver VanDervoort

FAA Approves Use of iPads

When the iPad was first announced, there was very little doubt that the device was going to be a very popular little gadget. Of course when first announced there were those who claimed that there didn’t seem to really be a need for a product that actually needed you to sync with a computer in order to use it but those were mostly comments from people who were trying to behave as if they were a bit more above it all than they actually were. The truth of the matter was that when the iPad was actually released in April of 2010, there was a huge demand. What might be a little bit surprising is that despite the fact that there have since been literally of dozens of other tablet computers released onto the market, the iPad’s demand is still growing, rather than holding steady or actually diminishing.

While RIM and Google and any number of tech companies have attempted to match the sheer popularity of first the iPad and then the iPad 2 recent reports by several industry analysts seem to show that not only is it becoming increasingly hard to shove the iPad out of the number one sales slot, but that Apple is actually improving its standing. Tomorrow, Apple is expected to announce its third quarter earnings and sales and while these earnings will be including other machines and programs, it appears all eyes will be on the iPad and the iPad 2 to see just how well the feature iOS devices are going to be selling. Of course, because the earnings report has not actually been released yet, we can’t be 100% sure of just how successful Apple has been in keeping the iPad sales flowing, but if industry analysts are to be trusted it was indeed an incredibly successful year.


While some analysts are aiming incredibly high, estimating that Apple was actually able to sell over 9.5 million iPads in the third quarter alone, even the lowball estimates of six million sold are pretty impressive. If we take the average estimate of 7.9 million units sold in the third quarter that would mean that Apple saw their iPad sales actually increase 142 percent from the same quarter a year ago.

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June 7th, 2011 at 10:53 AM EST | by inu846W

Apple Sold 25 Million iPads in 14 Months

An interesting statistic given at the Worldwide Developers Conference yesterday shows just how popular the Apple iPad has become. In just 14 months, Apple has sold 25 million iPads.

Ticonderoga Securities analyst Brian White said by the end of the March 2011 quarter, there were 19.48 million iPads sold. Noting that approximately 25 million iPads have been sold to date, this means the first two months of the June quarter saw 5.52 million iPads being sold. That’s quite a dramatic increase in sales in such a short period of time.

If this fevered pace of iPad sales continues, there could be about 8.28 million iPads in the June quarter alone.

Piper Jaffray analyst Gene Munster suggests Apple is selling approximately 87,000 iPads per day in the June quarter based on the numbers he sees. Munster also raised its June quarter estimates to 8 million iPads sold, up from 7 million.

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Wall Street is estimating Apple will report sales of 7.5 million iPads in the current quarter, which concludes at the end of June, according to Chris Whitmore of Deutsche Bank. There’s a chance apple could exceed sales expectations, but with some recent trouble in Japan at a production plant, that chance could be diminished. That said, Apple’s iPad sales for this quarter still look strong.

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June 6th, 2011 at 8:58 PM EST | by inu846W

iOS 5 Brings Big Changes to iPad This Fall Including Wi-Fi Syncing, Messaging and Twitter Integration

Apple has announced the much anticipated details for the new iOS 5 software for its mobile devices. iOS 5 is a big leap forward in terms of providing new technology to users. Wireless, cross-device syncing is now available along with a new notification center, message service, Newsstand app and Twitter integration. Although the latest version of the iOS platform was made available to developers today, it will not be available to the general public until sometime this fall.

Here’s a rundown of what’s to come in iOS 5:

Notification Center – Get all of your alerts in one place.
Keep track of emails, texts, friend requests, and more in one place. There’s no interruption when you receive a new notification, you’ll just see a brief message at the top of your screen. Swipe down from the top of the screen to see all notifications.

iMessage – Send text messages to all iOS devices.
Whether you’re using Wi-Fi or 3G, you’ll be able to send unlimited text messages between iOS devices. Delivery receipts are available as well as a receipt to let you know if your message has been read. Start a conversation on your iPhone when you’re on the road and finish it up on your iPad when you get home. This new feature also lets you know when the other person starts typing back to you.

Newsstand – A custom newsstand for all your subscriptions.
Newsstand is to newspapers and magazine as iBooks is to books. You can manage your magazine and newspaper subscriptions from one app. After purchasing a subscription, Newsstand automatically updates with new issues as they become available.

Reminders – Remind yourself of events or anything else.
Jot down something you might forget or want to keep track of, set due dates, locations and more with Reminders. Set a location and your reminder notice will alert you when you’ve reached your destination. This app works with iCal, Outlook and iCloud and will update those services with reminders automatically.

Twitter – Integrated into iOS 5.
With iOS 5, you’ll be able to tweet conveniently from Safari, Photos, Camera, YouTube, or Maps. Your contacts names are recognized when you start typing them as a reply in your tweet. Twitter is about to get even busier.

Camera – Take pictures quickly.
It’s hard to take a picture quickly with your iPhone or iPad. You have to turn on your device, then open the camera app. iOS 5 allows you to use the camera when your device is locked. Just use the volume up button to take a picture. Other features include grid lines, pinch-to-zoom gestures, and single-tap focus and exposure locks to create an image as needed. Have Photo Stream enabled in iCloud? Your photos will automatically sync to your other iOS devices.

Photos – Enhanced features for your pictures.
New features for your photos include the ability to crop, rotate, enhance, and remove red-eye within the Photos app. Send images effortlessly to all of your iOS devices using iCloud.

Safari – Even better than before.
Using Safari Reader you can remove ads and other clutter to read the content you want without annoying distractions. With Reading List you can save articles to read later or when you’re not connected to the Internet. Enjoy tabbed browsing, finally, on iPad and move between opened web pages easily. Safari’s performance has been enhanced since its last update.

PC Free – No need to connect to your computer anymore.
As Apple innovates, users reap the rewards. With iOS 5 you don’t need to connect your device to a computer in order to update or sync. You can activate a new iOS device right out of the box wirelessly. The future has arrived. We’re still waiting for our hover boards though.

Mail
You can now format text in your email message. Bold, italic, or underlined text and indent as needed. Drag names to rearrange them in the address field. Flag messages and delete mailbox folders with an easy tap. You can also now search within the body of an email message.

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