Analyst who leaked Apple sales projections arrested, charged for insider trading
Kinnucan, who was arrested on Thursday, is accused of leaking tips that he received from Apple suppliers such as SanDisk and Flextronics to hedge funds managers.
Kinnucan, who was arrested on Thursday, is accused of leaking tips that he received from Apple suppliers such as SanDisk and Flextronics to hedge funds managers.
In real life, the Dow closed at 12,874.04 on Feb 13, 2012. However, if they had added Apple instead of Cisco, the Dow Jones would be at 14,926.95. That’s over 800 points higher than the all-time high of 14,164 previously set on 4/7/2008.
How much Apple really affects market indexes.
The results are striking: For all the companies in the Standard & Poor’s 500-stock index, earnings are on track to post a 6.6% year-on-year rise in the fourth quarter. Once Apple’s earnings are factored out, the expected fourth-quarter gain shrivels to just 2.8%, according to UBS.
After his first visits to Foxconn, van Heerden said, “The facilities are first-class; the physical conditions are way, way above average of the norm.”
by nationalpost
How YG is changing from its hood roots to reach global markets in seek of growth.
Translated version of YG판 소녀시 소동? 주식시장에 답 있다.
Another concise insight from Gruber:
I think Bajarin is correct that Siri is a huge deal, and that if it truly thrives, it will adversely affect traditional web search like Google and Bing. But I can’t see Apple monetizing it through advertising. That’s tacky.
I see Apple “monetizing” Siri simply as a way to sell more devices — more iPhones now, more iPads (and who knows, maybe Macs?) in the future. Siri could be the interface to future products, like tiny little Nano-sized devices, or home entertainment systems. Google’s ad-driven model disrupted Microsoft’s pay-for-software-licenses model. Apple’s just-buy-our-devices-and-look-at-all-the-cool-shit-you-get-with-them model could disrupt Google’s ad-driven model.
It’s almost the opposite of what is taught in business school. An executive who worked at both Apple and Microsoft described the differences this way: “Microsoft tries to find pockets of unrealized revenue and then figures out what to make. Apple is just the opposite: It thinks of great products, then sells them. Prototypes and demos always come before spreadsheets.”
Quite true, but creating greatness requires talent and discipline.
They can do it because Apple hasn’t optimized its organization to maximize profit. Instead, it has made the creation of value for customers its priority. When you do this, the fear of cannibalization or disruption of one’s self just melts away. In fact, when your mission is based around creating customer value, around creating great products, cannibalization and disruption aren’t “bad things” to be avoided. They’re things you actually strive for — because they let you improve the outcome for your customer.
Hopefully we’ll see how well these values are instilled.
Golden.
To all, I am very sad to tell you that I’ve just been fired over the phone by Yahoo’s Chairman of the Board. It has been my pleasure to work with all of you and I wish you only the best going forward. Carol Sent from my iPad
Needless to say, Bartz hasn’t helped reverse Yahoo’s deep plunge of fail.
“They have lots of people, lots of servers, they have Android, they have Google Docs, they just bought Motorola. Most people would say ‘we’re the users, and the product is advertising’,” he said. “But in fact the advertisers are the users and you are the product.”
Then he went further. “They say their goal is to gather all the knowledge in the world in one place, but really their goal is to gather all of the people in the world and sell them.”