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Apple Shares on Sale Ahead of Quarterly Earnings Announcement

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Wall Street greeted Barack Obama’s inauguration as the 44th president of the US by shedding more than 5% of its total value Tuesday. Some might interpret the market action as a vote of no confidence in the new administration, others likely view the dip as an indication of challenges ahead for the US economy and still others would say the market for stocks acts as any market with excess inventory on hand – by putting things on sale.

The sale price for shares of Apple (AAPL) closed Tuesday at $78.20, the cheapest price the stock has seen in over two years, more than 60% off its all-time high of $200, set in December 2007. One of the most widely followed Apple analysts, Gene Munster of Piper Jaffray affirmed a price target of $235 for Apple stock as recently as December and today’s price action, coming just one trading session prior to the company’s quarterly earnings announcement, would seem to be Wall Street’s equivalent of a one-day red tag sale.

So what do you think? Is Wall Street giving potential Apple shareholders a gift, or is it trying to unload damaged goods while it still can? Can a guy like Munster, who follows in minute detail every financial move the company makes, who reports, often with uncanny precision, what Apple’s revenue and profit numbers will look like before they are announced to the public, can he seriously set a price target 200% above the stock’s current value?

What I know is that a year ago, after the market had knocked AAPL down from $200 to about $140, I wished I had some money to put into the stock, because I loved the company and its products, and I thought its prospects for the future were great. I know that six months ago, when the iPhone 3G came out and the AppStore launched with the stock trading at $175, I wished I had some money to put into the stock for the very same reasons.

Today, I know I’m kind of glad I don’t have any money to put into the stock because I still love the company and its products, and I still believe its prospects for the future are great, but it seems sometimes that’s not enough to make money in the stock market.

WTF iPod Accessory of the Week: I-Turtle

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I thought maybe I’d seen it all when I saw Hasbro’s I-Dog, the plastic, music lovin’ mutt “trained” to obey eight commands, including “Dance!”, “Stay!”, and “Tap paw!” – virtual non-stop entertainment for the pre-tween set with iPods.

But then they went and turned the iDog into a soft, snuggly, squeezable version of the portable kids’ MP3 speaker, complete with LED lights on the pup’s “face” that show its various “moods.”

And now, the giant toymaker comes back to the kids-with-iPods well, bearing I-Turtle, a groovin’ little speaker-toy that can tap its foot along to the music, bob its head and raise its shell with synchronized lights that flash to the rhythm. But this little gem of an ePet doesn’t just play your kid’s music, it’s got its own musical riffs, “tons of blinking light patterns”, a built-in whine for more attention, and a piercing scream it’ll let out when little Susie flicks its tail.

It’s almost as if Hasbro designers took a meeting and said, “we’ll teach ’em to give iPods to 8 year-olds…”

Via SlipperyBrick

Munster: Mac Sales Rose 10 Percent In December

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Ahead of Wednesday’s report for the first quarter of fiscal 2009, a prominent Apple analyst projects Mac sales rose between six percent and 10 percent in December.

Piper Jaffray analyst Gene Munster told investors Monday Apple likely sold 2.45 million to 2.55 million Macs during the quarter, recovering from November when Mac sales suffered a double-digit decline.

Using consumer sales data from research firm NPD, Munster said Mac sales in December rose 4 percent, a jump over -1 year-over-year growth reported for November.

Bernstein Analyst Shrinks Apple ’09 Outlook

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As analysts attempt to predict Wednesday’s first quarter revenue report from Apple, one expert trimmed his expectation for both the December quarter and full fiscal year.

Bernstein Research analyst Toni Sacconaghi told clients Monday he predicts Apple will report $9.3 billion for the December quarter, off slightly from the $9.76 billion Wall Street consensus.

He said data “may not be encouraging, given the lack of new products at MacWorld and Apple’s refusal to cut prices” along with CEO Steve Jobs’ recent health status downgrade.

Apple Hawks Refurbished Macs In China

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China’s Apple fans can now order refurbished iPods and iMacs for discounts up to 22 percent retail, the Cupertino, Calif. company announced Tuesday.

An iPod shuffle returned and inspected by Apple sells in China for $44, according to Reuters.

The move echos similar refurbished Macs Apple sells in the U.S. and elsewhere. Best Buy began selling returned iPhones for a $50 discount.

Apple refused to say how many refurbished products have been sold to China.

WTF iPhone Apps Of The Week

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Right, what have we got this week? First there’s Listen. Maybe the name iShell was already taken. So what does it do? You pick a shell and hold it up to your ear, then “close your eyes, take a deep breath, and relax. You’ll feel the weight of the world lift off your shoulders.”

Comixology for iPhone: A Geek’s Best Friend

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I have a confession to make: despite my worldly exterior, I am a gigantic comics geek. I have a pull list, I can name everyone who has ever been a member of the Justice League, and I had a letter published in Green Arrow #101.

At this point in my life, I finally have the budget to buy a decent number of comics, but this has actually made things much more complex. After all, now I don’t have time to memorize which new books I want to read. Unless a preview makes a real impression on me, I forget I ever wanted to read it.

Thankfully, as it does for most of life’s problems, the iPhone has an answer. It’s called Comixology, and it’s a beautiful thing. Basically an app version (and companion) of Comixology.com, the program allows you to view lists of all the comics being released in a given week, preview artwork and story pages for many of them, and then “pull” interesting books so your local retailer will have everything cool waiting for you the next time you stop by.

It can also bring in podcasts, news, columns, and reviews. It’s pretty much one-stop nerd shopping.

I haven’t had time to get this synced to my actual comics pull list yet, but I’m planning to soon (my local comics impresario is an adviser to the project), and it’s awesome just as a memory-enhancing tool in the first place.

Plus, it doesn’t make farting noises. That alone sets it apart from the App Store pack.

Ustream Brings Live Video to iPhone

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Apple approved Ustream’s AppStore live video streaming app on iTunes Monday evening, just in time for what is likely to be the most photographed, videoed and broadcast US Presidential Inauguration ever, on Tuesday in Washington, DC.

Get Ustream’s free app on your iPhone, and if you can find yourself an open WiFi connection between 10am and 3pm (EST) Tuesday, you’ll be able to catch live footage of Barack Obama’s inauguration as the 44th president of the US.

Ustream’s TV-in only breakthrough may seem small potatoes to legions of iPhone jailbreakers, who’ll be able to use iPhone’s TV-out capabilities to broadcast Obama’s historic inauguration from their iPhones; it’s also quite something for mainstream iPhone users to now be able to receive live video on their mobile devices.

It figures, then, with up to 5 million people in Washington DC for Tuesday’s pomp and circumstance, a few jailbroken live feeds ought to be accessible to those who know the right people.

Can You Hear Me Now? – SoundClip Your iPhone

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Sound Clip is such a thoughtful design solution to limitations that make iPhone’s speakers almost suck, it’s a wonder they didn’t think of it first in Cupertino.

A conical deflection chamber that reflects volume towards the user instead of away, the device is said to amplify sound by 10dB between the 5kHz and 20kHz frequencies. The SoundClip fits in the iPhone’s 30-pin dock, and also helps prevent users from blocking the iPhone speaker with their hand when playing a game.

For $8 and a barely perceptible modification to the iPhone’s svelte form, you can improve its sound appreciably.

Via MacNN

Do You Have A Working Original Mac?

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Now then, lovely Cultists. We need your help.

You may have heard that this coming Saturday, January 24th, is a special day in the hearts of Mac aficionados. It will mark the 25th anniversary of the Macintosh computer, the machine that turned Apple into a global brand and kick-started the line of computers that has ended up as today’s line up of Pro, Mini and MacBook.

And what we’d like to do to celebrate the Mac’s birthday is find someone who is still using one.

Is that you? Do you have an original Mac that still boots up? Do you still actually use it for anything?

If you have, or if you do, let us know.

We will EITHER: send a media squad to your home to interview you. Top photographers will take pictures of you and your original Mac for use in magazines like Vogue, Playboy, Country Living, Knitting Monthly and possibly even Wired. A real time satellite link will be set up between your home and the White House so that Barack Obama himself can send congratulations and ask you questions about that 8 MHz Motorola 68000 processor. We will also send you a pony.

OR: We might write a post about you.

So, like we said: got a (working) original Mac? We want to know.

(CC licensed pic by ballistikcoffeeboy.)

Automatic Steve Jobs Story Generator Makes Bloggers’ Lives Easier

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Look, it’s about time we confessed something: writing all this gubbins about computers is hard work. Bloggers need breaks.

Especially all the Jobs rumor-mongers who have been working FLAT OUT for the last few weeks, typing up the first thing that pops into their heads in order for readers (and the mainstream media, let’s not forget them!) to have something to talk about.

Now Steve’s gone for some well-deserved rest and the wind has been knocked out of the bloggers’ sails somewhat. We need change.

No, not Presidential change. Something simpler. Something to automate this whole business of writing anything-we-damn-well-please about Steve Jobs, his health, and how the World Might End if he isn’t in charge of Apple any more.

So we turn to our friends at MacJournals with heartfelt thanks, because they have knocked up a quick Steve Jobs story template that any journalist or blogger can use to save time from now on.

Report: Microsoft To Unveil App Store, MobileMe Clones In February

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Microsoft may unveil two mobile services February designed to counter Apple’s iPhone App Store and MobileMe, a blog claimed Monday.

Citing unnamed “sources close to Microsoft,” Neowin claims the software giant will unveil SkyMarket and SkyBox at next month’s Mobile World Congress.

SkyMarket, like Apple’s App Market, will offer a site for Windows Mobile users to download applications. In September, Microsoft began advertising for a Product Manager for SkyMarket. The service would be tied to Redmond’s Windows Mobile 7.

Take Firefox on Safari

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Want the power and Windows compatibility of Firefox with the sleek look and style of Safari? Since the update to Firefox 3, it’s been difficult to find a good theme to transfer Safari’s UI experience. Luckily, takebacktheweb.org has two excellent themes that will make you feel much more at home in Firefox.

The GrApple Yummy theme is almost an exact copy of Safari, right down to the tab stylings. GrApple Delicious is slightly different, mostly in the look of the tabs. The feel of Safari is still there though, so this might be a nice middle ground. It could definitely be handy in telling the applications apart if you have both open at the same time, as I do when I’m testing web site compatibility. Both themes come in “blue” and “graphite” styles.

Apple To Report Q1 Results Jan. 21

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Apple announced Monday it will reveal sales for the first quarter of 2009, covering between Sept. 28th through Dec. 27th of 2008.

The results will be released at 4 p.m. Eastern and 1 p.m. Pacific, the Cupertino, Calif.-based company said. The figures will also be available through a Quicktime rebroadcast.

The numbers are highly anticipated as analyst attempt to predict how successful Apple was during the important holiday shopping period. Wall Street consensus is for a $9.75 billion quarter, pushing the upper limits of Apple’s guidance range of between $9 billion and $10 billion.

Police Turn to YouTube to Find iPhone Thieves

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Toronto police have posted a security cam video of a $20,000 (about $16,000 USD) iPhone heist on YouTube in hopes of identifying the criminals.

Two armed robbers made a mid-morning visit to a cell phone store on November 1 2008, forcing staff to fill garbage bags with iPhones.

The first suspect is described as male, black, about 25 years old, around five foot nine with a slim build and wearing a dark green cloth jacket with some fur trim around the hood.

The second suspect is about the same age, height and sex, with a medium build. He was wearing dark clothing and had a white cloth covering his face.

In the YouTube video narrated by the investigating detective, you can sort of make out the iPhone boxes at one point when one of the staffers drops them on the floor as a gun is pressed into his back.

Anyone with information is asked to call the hold-up squad at 416-808-7350, or Crime Stoppers at 416-222-TIPS (8477) or use the website 222tips.com.

Via Toronto Star

Apple Slapped With OS X Permission Lawsuit

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Apple was named along with 12 other PC makers in a patent-infringement lawsuit two companies filed last week, according to a report Monday.

The lawsuit claims Apple and others infringed on two patents covering a so-called “safety box” limiting an application’s access to computer resources.

The lawsuit is asking for a court injunction plus unspecified damages.

Sober Style on Milan Runways = More iPod Pockets

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Men’s fashion shows are keeping things busy and taxis scarce in Milan this week. Designers are dealing with the luxe hangover with new sober designs; Bottega Veneta wants to move its expensive leather goods by putting the focus on how useful they are for toting small electronics.

IHT fashion scribe Suzie Menkes writes:

“Designer Tomas Maier took pains to explain the functionality of iPod-friendly bags. A projection would have helped to convey the details.”

It’s hard to imagine perpetually broody models opening up the bags like the one above on the runway to show the handy-dandy iPod pockets “Price is Right” style, but as Menkes later notes, if you believe in the quality of the Italian fashion house known for its woven leathers,  you’ll just have to take thier word for it.

Jobs To Stay on Disney Board

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Steve Jobs, who last week took a six-month medical leave of absence as CEO of Apple, reportedly wants to remain on Disney’s board of directors.

Jobs, Disney’s largest shareholder, has been on the Walt Disney board since 2006.

The decision became public Friday, when Disney released a proxy statement, according to the Wall Street Journal.

Questions about Jobs’ ability to serve are already be raised, according to the Financial Times. A board member must serve 250 hours a year, according to the newspaper.

Will Obama Bring a Mac to the White House?

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Barack Obama is a Mac. At least that’s how the NYT described his style, approach, manner — naming rival Hillary Clinton a PC about a year ago.

The soon-to-be 44th president of the United States, who addresses citizens via YouTube and Twitter, is also a Mac user who has been spotted flashing an iPhone, keeps up with his family via iChat, whose “O” logo was designed on a Mac and whose campaign was powered by MacBooks.

Obama has said they’ll have to pry the Blackberry out of his hands and, in addition to the more obvious firsts, may be the first president to put a lap top in the Oval Office. (It would give him something in common with Russian President Dimitry Medvedev, who has been photographed doing official business on his MacBook.)

Do you want to see a Mac on the desk of the Oval Office or is the choice of First Laptop a non-issue?

Custom Scrabble Keyboard for Your Mac

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How about this uber-nerdy wood and brushed aluminum USB keyboard that features real Scrabble tiles for your next Mac mod project? The points score is slightly edited to show each key’s secondary function, but we think it’s just about the coolest thing we’ve seen this late on a Sunday night.

Via SlipperyBrick, via Datamancer

One Way to Pick an iPhone App – How Cute is Its Icon?

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When there are more than 15,000 apps vying for one’s favor like so many new puppies in a box, deciding which ones to try might well come down to picking the ones with the cutest mugs. And of course, how does the AppStore display its puppies, uh, mugs? With galleries of app icons, that’s how.

So, unless you’re hip to some strong word of mouth on a particular app, or you know a few of the 500,000 iPhone app developers newly minted in the past year, you might as well start with something like the “50 iPhone Apps With Icons That Don’t Suck” approach taken by Dr. Macenstein.

A quick browse through the doctor’s post reveals worthy apps may in fact come with worthy icons, such as Dizzy Bee, the highly addicting tilt game, seeker, a free business and residential listings search app, and Rocket Taxi – Cab Finder, an app that uses GPS or WiFi to help you find the nearest cab company.

I feel the doctor went a little strong to the games section with his picks, but the AppStore is overweighted with games, so maybe it makes sense. What do you think? Would you check out an app based on its cute icon alone? What are some of your favorite iPhone app icons?

Via Macenstein