Russian billionaire Alisher Usmanov has revealed that he recently spent $100 million on Apple shares in anticipation that they will rebound. The 59-year-old believes that Apple is a “very promising” investment, despite the current share price being almost 40% off its peak last September.
All items tagged with "Steve Jobs"
If you got a $15 in the mail for no apparent reason, well, it’s because way back in 2010, Steve Jobs failed in convincing the world at large to “just avoid holding it that way.”
Yes, that cool $15 bucks you got in the mail? It’s an Antennagate settlement check.
Before the disastrous launch of Apple Maps, one of Apple’s biggest failures of all-time was the launch of MobileMe. Apple set a group of engineers out to rebrand .Mac and create a new cloud-based product that totally fell over the night it launched.
Steve Jobs famously met with the entire MobileMe team in the campus auditorium and fired the manger of the project on the spot. Then he told everyone, “you’ve tarnished Apple’s reputation … You should hate each other for having let each other down.” It was one of Steve Jobs’ most famous tough-leader moments, but according to one insider, Steve should have been yelling at himself because the MobileMe launch failure was really his fault.
I’ve been writing for Cult of Mac for almost three years now, and in that time I’ve covered some pretty farfetched Apple rumors. But the latest from Forbes comes with a whole new level of crazy.
“Some Wall Street sources close to some Apple executives” say the Cupertino company could be searching for a replacement for Tim Cook, it claims, before suggesting Cook could turn Apple into another Hewlett-Packard or JC Penney and insisting “Apple’s shine has faded” since the passing of Steve Jobs.
iSteve, a Steve Jobs parody biopic from Funny or Die, will now premier on Wednesday, April 17. The movie was scheduled to start showing yesterday, but was delayed following the explosions during the Boston marathon.
Back in 2010, when netbooks were the fastest-growing segment of the P market and selling by the tens of millions, Steve Jobs defied conventional wisdom that Apple needs to make a netbook, famously lambasting netbooks as “cheap” and “not better than anything.”
Instead, Jobs introduced the iPad… and in the last three years, the iPad and similar tablets have completely killed netbook sales. In fact, in 2010, there were 32 million netbooks sold. Three years later? Only 10% as many will be sold, and by 2015, the segment will die entirely.
Breaking her silence on her husband and his legacy, Steve Jobs’s widow Laurene Powell Jobs appeared on on Rock Center with Brian Williams on Friday to say that Jobs’s “legacy is beautiful for me to live with.”
For the first time since Steve Jobs died, his widow, Laurene Powell Jobs, will speak on TV — in this case, in an interview on Rock Center with Brian Williams this evening, in just a few hours.
Steve Jobs’ widow, Laurene Powell Jobs has kept herself busy with a number of different projects since the passing of her late husband. Yet, despite hanging out with the Clintons, one thing Jobs hasn’t done is offer an interview to a major news outlet.
Friday, April 12th on Rock Center with Brian Williams, Laurene Powell Jobs is set to be interviewed, for the first time since Steve’s passing, to advocate for young undocumented immigrants.
Earlier this month, Funny or Die released a trailer for its upcoming comedy about Steve Jobs, iSteve. Starring Justin Long from Apple’s own Mac vs. PC ads, the movie is set to debut online Monday, April 15th. Unlike Ashton Kutcher’s JOBS biopic, iSteve is an intentional parody of Apple lore.
The movie is written and directed by Ryan Perez, a former Saturday Night Live writer who has taken quite a bit of “dramatic license.”