Apple briefs: HD flicks, Cramer picks, Palm misses
Tuesday's iPhone 3.0 special event drew the biggest headlines, but that wasn't the only Apple (AAPL) news that broke this week. The highlights:
HD movies on iTunes: On Thursday, the company announced that its collection of high definition movies, hitherto available only through the Apple TV set-top box, can now be purchased or rented on the iTunes Store for viewing on a Mac, PC or widescreen TV. Is this a sign that Apple is losing interest in its "hobby"? The pickings for now are slim — only nine of the "box office blockbusters" featured on iTunes' HD Movies page are currently available — and they're pricey. Apple will be charging $19.99 for Quantum of Solace in HD when it becomes available on March 24; as Business of Video notes, you can order the DVD from Amazon for $16.99.
Jim Cramer touts Apple: You would think that after his humiliation on The Daily Show with Jon Stewart — and the first TV broadcast of his advice about how to short Apple and foment FUD to drive it down — that Jim Cramer would just shut up about Apple. But you would be wrong. This time he's an Apple bull. "I'm not going to go against Apple," he declared on his Mad Money Lighting Round Thursday. "There are a thousand Steve Jobs over at Apple and they're delivering product after product."
Revenues plummet at Palm: As expected, Palm's (PALM) earnings took another drubbing in the quarterly results released Thursday. Revenue fell to $90.6 million from $312.1 million a year ago, in line with the warning the company issued two weeks ago, but far below the $155 million the Street had been expecting. The company is pinning its hopes on the Pre — Palm's answer to the iPhone — slighly delayed but still due out before the end of June. The earnings call transcript is available here.
The iPhones of summer: If we didn't already believe that Apple has some new handsets in the works, developers poking around the entrails of the iPhone 3.0 beta software have found fresh clues pointing to new iPhones, new iPod touches and two mystery products simply referred to as "iProd" and "iFPGA." See here.
Cramer received the message from Jon Stewart loud and clear. And it had nothing to do with Apple. Cramer's crucifiction was due to his previous public criticism of President Obama. He has now capitulated and was praising Obama this past week.
Zune points??? What are Zune points? My buddy bought me some coasters to put my beer on the other day that say Zune on them and almost look like an MP3 player. He said he got them from the dumpster but they actually absorb liquid pretty well.
Zune points??? What are Zune points? My buddy bought me some coasters to put my beer on the other day that say Zune on them and almost look like an MP3 player. He said he got them from the dumpster but they actually absorb liquid pretty well.
wow you can now rent HD movies on Itunes. I have doing this for two years already with my zune points.
wow you can now rent HD movies on Itunes. I have doing this for two years already with my zune points.
No, HD Movie purchases have not been available on Apple TV prior to this announcement, only rentals.
No, HD Movie purchases have not been available on Apple TV prior to this announcement, only rentals.
RUMORS AND MANIPULATION
Amid extreme market volatility in 2008, the SEC and other securities regulators announced plans to crack down on rumor-mongering that threatens financial institutions.
Since then, the SEC has opened a group of related investigations into the possible manipulation of the securities of six large financial issues involved in the recent market turbulence, Walter said. The companies were not identified.
In October 2008, the agency required large hedge funds, broker-dealers and other large investors to file statements under oath regarding trading and market activity in the securities and credit derivatives of financial firms.
SEC staff have been analyzing the data and focusing on claims that credit derivatives such as credit default swaps were being used to manipulate equity prices. Walter said that investigation has been split into "six separate investigations, which are proceeding as expeditiously as possible."
(Reporting by Rachelle Younglai and Karey Wutkowski; Editing by Tim Dobbyn and Brian Moss)
RUMORS AND MANIPULATION
Amid extreme market volatility in 2008, the SEC and other securities regulators announced plans to crack down on rumor-mongering that threatens financial institutions.
Since then, the SEC has opened a group of related investigations into the possible manipulation of the securities of six large financial issues involved in the recent market turbulence, Walter said. The companies were not identified.
In October 2008, the agency required large hedge funds, broker-dealers and other large investors to file statements under oath regarding trading and market activity in the securities and credit derivatives of financial firms.
SEC staff have been analyzing the data and focusing on claims that credit derivatives such as credit default swaps were being used to manipulate equity prices. Walter said that investigation has been split into "six separate investigations, which are proceeding as expeditiously as possible."
(Reporting by Rachelle Younglai and Karey Wutkowski; Editing by Tim Dobbyn and Brian Moss)
There is Mis-information spreading regarding Apple, again.
The 480p version of James Bond is available for pre-order for $14.99 on iTunes. $2 cheaper than the DVD on Amazon. But since the topic is HD movies, perhaps the $6 difference between the HD iTunes version and the Blu-Ray Amazon version is more appropriate (iTunes = $19.99 and Amazon Blu-Ray = $25.99)
Also, Eliot, HD movies have been available through AppleTV for a bit of time now.
There is Mis-information spreading regarding Apple, again.
The 480p version of James Bond is available for pre-order for $14.99 on iTunes. $2 cheaper than the DVD on Amazon. But since the topic is HD movies, perhaps the $6 difference between the HD iTunes version and the Blu-Ray Amazon version is more appropriate (iTunes = $19.99 and Amazon Blu-Ray = $25.99)
Also, Eliot, HD movies have been available through AppleTV for a bit of time now.
Jim Cramer touts Apple: You would think that after his humiliation on The Daily Show with Jon Stewart — and the first TV broadcast of his advice about how to short Apple and foment FUD to drive it down — that Jim Cramer would just shut up about Apple. But you would be wrong. This time he’s an Apple bull. “I’m not going to go against Apple,” he declared on his Mad Money Lighting Round Thursday. “There are a thousand Steve Jobs over at Apple and they’re delivering product after product.”
Cramer is just setting up pumping AAPL only to spread FUD and short it later on.
Jim Cramer touts Apple: You would think that after his humiliation on The Daily Show with Jon Stewart — and the first TV broadcast of his advice about how to short Apple and foment FUD to drive it down — that Jim Cramer would just shut up about Apple. But you would be wrong. This time he’s an Apple bull. “I’m not going to go against Apple,” he declared on his Mad Money Lighting Round Thursday. “There are a thousand Steve Jobs over at Apple and they’re delivering product after product.”
Cramer is just setting up pumping AAPL only to spread FUD and short it later on.
Isn't this in fact the first time HD movies are being offered for purchase by Apple ? Don't worry, the "hobby" will have the same capability soon enough…
Isn't this in fact the first time HD movies are being offered for purchase by Apple ? Don't worry, the "hobby" will have the same capability soon enough…
Cramer received the message from Jon Stewart loud and clear. And it had nothing to do with Apple. Cramer's crucifiction was due to his previous public criticism of President Obama. He has now capitulated and was praising Obama this past week.