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Apple Now Accepting iPad Apps, Planning “Grand Opening” of iPad App Store

Apple is now accepting iPad apps for a “grand opening” of the iPad App Store, according to an email just sent to registered developers.
“iPad will begin shipping soon and your opportunity to be part of the grand opening of the iPad App Store starts today,” the email says.
There’s no details about when the store’s grand [...]

Security Expert: “Mac OS X Is Safer, But Less Secure”

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Tech site H-Online has an interesting story today, quoting security expert Charlie Miller about his forthcoming talk at the CanSecWest conference next week.
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Apple Devotes Entire Home Page To Jerome York Obituary

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Coming Soon: Steve Jobs, the Sitcom

Fake Steve creator Dan Lyons just signed a deal to bring Steve Jobs to another small screen near you.
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Analyst: Apple To Be Hit By ‘Softer Consumer Demand’

As Wall Street looks forward to Apple next week reporting revenue for the holiday period, Goldman Sachs analyst David Bailey thinks Cupertino may encounter problems with the March quarter.

Apple’s double-digit growth rates may well sputter as the company “will undoubtedly be affected by softer consumer demand” for its pricier products, Bailey told investors Friday.

The analyst told clients Apple’s revenue for the March quarter will be between $7 billion and $8 billion. Wall Street is forecasting $8.24 billion in revenue for the period.

Bailey expects Apple will report just 4 percent growth for the March quarter, after a 17 percent jump in Mac sales during the December quarter.

The news comes as Apple lost ground in the U.S., falling from to 8 percent of the domestic market, down from 9.5 percent earlier in 2008, Gartner announced Thursday.

Apple’s holiday sales were up 8.3 percent, selling 1.23 Macs, Gartner said. The sales were 8.3 percent higher than the same period in 2007.

Apple should either meet or top Wall Street’s consensus of $9.78 billion during the quarter ended December. The Goldman Sachs analyst believes Apple will report between $9 billion and $10 billion in revenue.

Bailey expects Apple will report selling 5.5 million iPhones and 2.6 million Macs for the quarter.

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About the author

Ed Sutherland

Ed Sutherland is a veteran technology journalist who first heard of Apple when they grew on trees, Yahoo was run out of a Stanford dorm and Google was an unknown upstart. Since then, Sutherland has covered the whole technology landscape, concentrating on tracking the trends and figuring out the finances of large (and small) technology companies.

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3 comments

    seems to be No end in sight
    to this economic conundrum

    It that news, what do you expect in a recession or you are expecting more hits to the website by reporting this type of cr*p. These analysts are the scums that caused Apple share price to drift south by guessing the market and spooking the investors. Reports without truth by Kathleen Huberty caused Apple a $14 drop. These are the people who second guess without an iota of truth in their reports and are not accountable for whatever damage they cause to the stock price. I wish the SEC will haul these analysts to answer for every report they write. Then we will see whether they will come out with these sort of guesswork again.

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