Apple Inc. (AAPL) Confirms Acquisition of Flash Memory Firm Anobit

Late Tuesday, Bloomberg reported that Apple Inc. (NASDAQ:AAPL) has confirmed their acquisition of Israeli Flash Memory firm Anobit Technologies Ltd. AAPL did not specify their intent for the purchase or what products the acquisition would affect in their lineup of Mac and iOS devices, however, Apple did release the following statement: Steve Dowling, a spokesman for Cupertino, California-based Apple, said … Read More

Nasdaq set to rebalance it’s benchmark 100 Index – Slash Apple (APPL)

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Periodically the Nasdaq-100 index, which is run by the Nasdaq OMX Group Inc, will be rebalanced to reflect a share weighting based on the market capitalisation of core (non-financial industry) companies listed there. Which, after all, is how that index is supposed to be configured. This is outlined on the Nasdaq’s own site quite succinctly: Nasdaq decided to enact a … Read More

Apple (AAPL) Pushing to Accelerate iPad Subscription Roll Out

The Wall Street Journal is reporting that Apple (NASDAQ:AAPL) is pushing hard to bring Subscription Publishing to the iPad sooner rather than later. Whilst it is still possible that we may not see any regular subscriptions to newspapers until next year, some analysts are thinking that Apple would like to at least lay the groundwork for another stream of media revenue … Read More

Apple 2010 Third Quarter Earnings Conference Call Tomorrow

Tomorrow afternoon at 14:00 PDT and 17:00 EDT Apple (NASDAQ:AAPL) will announce its 3rd Quarter (Q3) Earnings for 2010. Apple (AAPL) has adopted a new accounting practice with regards to the iPhone, due to changes in US regulation, and instead of holding some iPhone earnings back based on a subscription model, it now accounts for them as they go along. It is … Read More