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Downtime-Our Apology and Explanation

2012 February 2
by macjeff

Last week I posted an article about Apple Stock and how the “Pros” got it wrong.  Well something started a huge conversation.  This caused the article to attract lots of people.  They all commented at the same time which crashed the database.  Since the database was writing during this process it corrupted.  We have repaired it, but we may have lost a few articles and we lost all the comments made on that article, but we have decided that rather then recreate them we will move forward.

We apologize for the downtime and thank you for your support and understanding.

Apple Shares Hit All Time Intraday High

2012 January 25
by macjeff

Although they are only up $28 now, they were up as much as $34.14 for an all time high of $454.45.   Apple has cash in the bank equal to approx $108 a share.  Time for $100 dividend for share (we wish!!).

AAPL Trading Halted Briefly After Apple Stuns Wall Street

2012 January 24
by macjeff

Apple stunned traders with blow away record earnings.  Apple says they need to do something with their cash after reporting “revenue of about $32.5 billion” and “diluted earnings per share of about $8.50.

Most of the revenue was due to iPhone 4s record sales as well as an increase in Mac sales.

Apple Releases iTunes 10.6.3 and iBook Author- We called it!!!

2012 January 19
by macjeff

Today Apple released iTunes 10.6.3.  We reported a couple days ago that we strongly felt that textbooks were coming for students on iTunes.  We were correct, but in addition Apple released a product called iBook Author which allows you to create real iBooks.  This is a dream for authors, teachers, employers, etc. but a nightmare for publishers.

Apple Event January 19- Our Take on it.

2012 January 17
by macjeff

Since the subject is education, we feel that Apple may surprise us with an updated MacBook or something like that, but most likely it will be some announcement concerning Text Books on iTunes.  This Christmas, Kindle Fire sales were up because Amazon put college text books on kindle.   That saves students incredible amounts of money.  Now its time for apple to do the same.