Apple earnings: misses estimates, slashes guidance

Apple today announced earnings for the fourth quarter of fiscal year 2012, posting earnings per share of $8.67 on revenue of $35.97 billion. That just misses estimates for EPS but beats them for sales. Overall it’s a minor miss for the quarter, but the company is generally on track. More worrisome: the company dropped its guidance for the first quarter of… Read more →

Letterpress, Game From the Creator of Tweetie, Lifts Off

These days, iPhone games are a dime a dozen. But every so often, one breaks free from the masses and begins to generate a bit of buzz. That’s the story around Letterpress, a clever new word game for the iPhone and iPad, which is already creeping up the iTunes charts and has been downloaded around 60,000 times during its first… Read more →

Today’s Scuttlebot: Subway App and Phantom Mobile Business

Some interesting items that the tech reporters and editors of The New York Times found on the Web recently. See more here. Is It Immoral to Own an iPhone 5?Gizmodo.com |  Thoughtful piece that raises some important questions worth considering. – Jenna Wortham 15 Companies Getting Back Into the Businesses They KilledBuzzfeed.com |  From Evernote notebooks to Words With Friends boardgames, Web… Read more →

DealBook: Mayer Strikes First Deal at Yahoo With Acquisition of Stamped

Stephen Lam/ReutersMarissa Mayer, chief of Yahoo. Marissa Mayer promised earlier this week that Yahoo‘s deal-making was likely to revolve around smaller add-on acquisitions. On Thursday, she proved that she meant what she said. The Internet company announced that it had purchased Stamped, a start-up focused on mobile products, for an undisclosed amount. The deal amounts to an “acqui-hire,” Silicon Valley’s… Read more →

Yahoo acquires mobile recommendations startup Stamped

Following up a positive earnings announcement earlier this week, Yahoo is aiming to keep the momentum going with a brand new acquisition. The search company has acquired Stamped, a young New York City-based startup that produces a mobile recommendations app. Mashable reported, based on unnamed sources, before an official statement was released that this was purely a “talent” buy. That… Read more →

Windows 8 launch: Microsoft makes the case for the PC

The Windows 8 launch today seemed designed to put to rest any rumors that Microsoft is running away from the PC. Instead a parade of executives made the case that Windows 8 is the foundation for the “best PCs ever made”–ones designed to work as both laptops and tablets, and for both work and play. The purpose of the event… Read more →

Buying a new MacBook Pro 13-inch with retina display — Don’t bank on upgrading it!

Earlier this week, Apple unveiled a new MacBook Pro 13-inch complete with retina display. If you’re planning on buying one of these then you’d better load up your purchase up with all the RAM and storage you’ll need, because it’s not the sort of machine that makes upgrading easy. Why? An iFixit teardown shows us why. First, you have to… Read more →

Microsoft launches Windows 8, Surface: By the numbers

Microsoft launched its latest operating system Windows 8, and its first tablet endeavor, Surface at an event in New York today.  Related: ZDNet: Windows 8 | Surface | Windows 8 | CNET: Surface | Microsoft statement | Techmeme During the event, Microsoft executives and vice-presidents took to the stage to show off the latest statistics and figures for Microsoft, Windows 8,… Read more →

Video: Another View of Patents

James Dyson, inventor and founder of the Dyson company, talks to Steve Lohr about patent infringements. Source Article from http://bits.blogs.nytimes.com/2012/10/25/video-another-view-of-patents/

Ballmer and Dell Talk Windows 8 and Surface Tablet in Joint Interview

Left, Kimihiro Hoshino/Agence France-Presse — Getty Images; Brendan Mcdermid/Reuters Michael S. Dell, left, and Steven A. Ballmer. There are not many people in the personal computer industry who have been in business together as long as Steve Ballmer and Michael Dell, the chief executives of Microsoft and Dell. But the PC industry has been losing some of its luster lately… Read more →