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We reviewed (in both text, and video) the new iPad, and loved it. But how much does the rest of the world love Apple's latest tablet creation? A lot, it seems. A new study by analytics analyst firm Chitika, has suggested that the third-generation iPads in Internet traffic has doubled since the initial four-day launch window.
The new iPad now makes up around 10-percent of all iPads surfing the web only three weeks after it splashed down. Online tracking metrics aren't a direct method of measuring sales, but it does help. Apple announced four days after the new iPad launched that they had sold 3 million units worldwide, and Chitika have noted that this figure correlated into about 5-percent presence of all iPad traffic, correlating with Apple's own total figure of around 55 million iPads sold up until that point.
If this growth continues, we could be looking at 12 million units sold by the time Apple's fiscal Q2 comes around, and 15 million new iPads sold overall by the end of June. The iPad makes up around 60-percent of all tablets shipped, with online usage rates indicated that in most areas the iPad is responsible for up to 90-percent of tablet web traffic. Some very impressive digits for the Cupertino-based company.
I would like to take my hat off and bow towards Maryland for this new law that they just passed. Usually I'm against new laws, especially for those that should be common sense. However, this one should be praised and passed in every state in the Union. Asking for social media passwords is a gross violation of privacy.
The bill passed the Maryland Senate with unanimous support and only 10 representatives opposed it in the House. The ACLU has joined in the cause after reports surfaced that the state's Department of Corrections had demanded the password of long-time staffer Robert Collins. Other states have followed Maryland's lead and introduced similar bills.
The states are Illinois, California, Minnesota, Michigan, Massachusetts. New Jersey is likely to jump on board soon, too. It's a good day, finally, to be a US citizen and have the government actually do something to help its citizens.
Best Buy has been heading down hill for a while now, and now their CEO has jumped ship. Besides, who better to know how the company is doing and when to get out than the CEO? This announcement by Best Buy comes on the heels of the announcement of the big losses suffered over the past few months and the plans to close 50 stores across the US.
Best Buy's press release states that there were "no disagreements between between Mr. Dunn and the company on any matter relating to operations, financial controls, policies, or procedures." Curiously enough, however, it was still a "mutual" decision that the CEO and company part ways. Director G Mike Mikan has been named interim CEO.
"I have enjoyed every one of my 28 years with this company, and I leave it today in position for a strong future. I am proud of my fellow employees and I wish them the best," said Dunn.
"We thank Brian Dunn for his many years of service to the company and wish him well in his next endeavors," said Schulze. "As we move forward, we are very pleased to have a strong leader with Mike Mikan's credentials as interim CEO."
"The Best Buy team and I will be extremely focused on successfully managing this period of transition. I want to assure our employees, customers and other key stakeholders that we will work together to achieve our company's growth and profitability goals," said Mikan.
The economy can not still be as bad as every seems to think it is. Apple's building a new data center and even spending the extra cash to power it with an alternative fuel. Now, Microsoft has joined into the party. Microsoft is building a new data center in Wyoming at a cost north of $100 million.
Wyoming is hoping that this new project will bring other new data centers to the state. Microsoft has been quite busy with its construction projects as of late. Just recently, Microsoft has turned on two new data centers for its cloud service Azure. It's not clear if this new data center is for Azure or not.
Microsoft announced the construction this way:
To keep pace with growing demand, we are announcing two new datacenter options for Windows Azure. Effective immediately, compute and storage resources are now available in "West US" and "East US", with SQL Azure coming online in the coming months. These new options add to our worldwide presence and significantly expand our US footprint.
It's been floating around that Microsoft is trying to find customers to fill its capacity, but it could be that Microsoft has found enough demand to warrant the continued roll out of. For right now, it's clear that Microsoft is laying out some serious capacity and betting on cloud computing continuing to grow. And I think that's a pretty good bet.
Apple are definitely on their way toward quite an amazing milestone: becoming the world's first $1 trillion company, according to a Wall Street analyst. Brian White from Topeka Capital Markets recently predicted that Apple stock would push past the $1,000 per share barrier in the next twelve months, which would tip the company very close to the $1 trillion mark.
Apple stock has been quite popular over the last few years, with no signs of it stopping. Share prices topped Google's for the first time last week, a milestone that the late Steve Jobs was rumored to be working toward. How could Apple hit $1,000 in share value? Well, it's not that hard at all, really.
Apple's new iPhone could really boost their value, a new iPad that smashes the previous third-gen iPad, iOS 6.0, new MacBooks, iMacs, they're all coming this year alone. On top of this, Apple is opening up in the Chinese market, which is until now, nearly untapped for Apple. It's a huge market, and sure to boost their share prices considerably as iDevices start flooding into the hands of China-based customers.
Next year should see the release of an iTV, with television being a gigantic market in itself, if Apple could do something... magical... or revolutionary... in television, this would surely catapult them past $1,000 per share, and even inching over the $1 trillion value milestone.
We reported on this as it happened, where a RIM employee was stabbed at a party for BlackBerry Messenger, has died from his wounds. Philip Sherriff, one of RIM's UK employees, died on Sunday. His attacker is believed to be Ashley Charles and has already been charged with attempted murder.
What motivated Charles to stab Sherriff is not known, and the court hasn't made this clear, either. RIM has said in a statement through Twitter, where they gave condolences:
Our thoughts are with his family and those close to him and we ask for the respect of their privacy at this difficult time.
Our thoughts go out to Sherriff's friends, family and colleagues. Such an avoidable, yet unescapable event where a life was taken when it didn't need to be. Let's hope they find closure, and justice, soon.
Former Intel engineer, newly-hired AMD employee, pleads guilty to stealing sensitive Intel documents
Biswamohan Pani, a former Intel engineer and newly-hired AMD employee has plead guilty to fraud that is centered around the theft of sensitive Intel documents. The stolen information is considered to be worth approximately $1 billion, which includes chip-related design and manufacturing data.
It's thought that Pani intended to use the information for career advancement, but AMD has denied any knowledge of Pani's wrongdoing, and has fully cooperated with federal investigators. Pani had previously worked at Intel's Hudson-based chip making plant located in Massachusetts before submitting his resignation on May 29, 2008. Pani's last day at Intel was June 11, but little did Intel know he had actually begun working at AMD on June 2, while simultaneously retaining access to Intel's network.
It is thought that during this time, Pani had been downloading sensitive documents that held information on Intel's manufacturing and chip designs. Corporate espionage and intellectual property theft, in the form of trade secrets, schematics, or other proprietary information can be extremely lucrative in the right hands. Investigators have found no links between Pani and AMD.
Samsung's national head, James Politeski has revealed in an interview that the company is planning to launch their own, fully self-run stores in Canada. He told Canada.com that the company will have dedicated stores at parts across the country, and like Sony and Apple, will have specific designs and train staff itself, but Samsung would outsource the actual management to unnamed companies.
Politeski didn't reveal whether the new Samsung retail stores would have their own service areas, which for Apple, have been very successful. Locations weren't given, either, but hints have suggested the first store would arrive in Yorkdale Mall, West of downtown Toronto. The mall is noteworthy in the way that it was the home of Apple's first retail store in Canada.
Samsung will want to have their own stores to push their own branded products, by staff who are trained in only Samsung products. Compared to bigger retailers such as Best Buy where they've been blamed for damaging brands by burying products in large display sections, have employees who don't have much technology experience, or knowledge in that particular brand.
Not looking to be left out of the fun, Microsoft has acquired more than 800 patents from AOL in a deal worth $1 billion. AOL's stock surged 45% on the news of the deal and the fact that a "significant portion" will go directly into the hands of share holders. Patent advisory firm M-Cam Inc. values AOL's patent portfolio at $290 million.
"Most on the Street viewed $300 million as the likely maximum value," explained Benchmark analyst Clayton Moran. "Relative to this expectation, AOL has created $7.63 per share in stock value." Because of this, the analyst believes a one-time dividend would be in order.
The sale will leave AOL with a license to use the patents as well as leave Microsoft with "a nonexclusive license for Microsoft to AOL's remaining portfolio of 300 patents, which include those for advertising, search, content generation, social networking and mapping technology." It will be interesting to see if Microsoft joins in the patent trolling.
Sony isn't doing very well. According to one report, they haven't been profitable in 7 years. Another report pegs that number at 4 years. Either way, it paints a bleak picture as to the standing of the once giant company. A new report by Japanese newspaper Nikkei says that Sony is preparing to layoff 10,000 workers.
10,000 workers is 6 percent of Sony's entire workforce. And this isn't the first time that Sony has made large layoffs such as this. Sony previously laid off 10,000 workers in 2005 and killed 8,000 temporary positions in 2008. But even those cuts weren't enough to save its TV business. These forthcoming cuts are expected to address the TV division as well.
More news will be forthcoming this Thursday when the new CEO, Kaz Hirai, addresses investors. The plan should include Sony focusing on its core businesses, but it's not exactly clear what those are. This is just a rumor as of right now, but we expect it to be confirmed this Thursday. More as it comes.