Apple Shares rises

Apple Shares Rise

After a modest selloff, Apple shares are trading higher today following the death of Steve Jobs, the company’s visionary chairman and co-founder. They opened at $373.33 and slipped briefly to $372 before rising again — almost as if in tribute — and heading upward past $384.

Clearly, the sentiment that Jobs created a company and culture that will continue to innovate and succeed in his absence is widely held among investors. As Jobs wrote in his Aug. 24 resignation letter, “I believe Apple’s brightest and most innovative days are ahead of it.” Evidently the market agrees. To wit, the flood of analysts’ notes this morning reaffirming confidence in the company:

Scott Kessler, Standard & Poor’s
One could argue that Jobs was the most celebrated innovator and businessperson of our time, and his loss to AAPL is immeasurable. Nonetheless, we think he created a company and culture that will continue to innovate and succeed, with countless executives and employees who will carry on. We think AAPL was largely prepared for this loss.

Thoughts on the First Day of Apple’s Era Without Jobs

Tribute to Steve Jobs

According to the social media measurement firm Sysomos, as of midnight Eastern time, the number of Tweets mentioning Steve Jobs had reached 1.4 million, and as many as 11,000 news articles had been written about his passing and his legacy.

That legacy — and his influence on the lives of people around the world — is inestimable, and we will be talking about him and his amazing, interesting life a great deal in the coming days and weeks.

A Tribute to Steve Jobs may his soul R.I.P

The death of Steve Jobs on Wednesday evoked grief and mourning all over the world, especially at focal points like the Apple campus in Cupertino, Jobs’s home in Palo Alto, Calif., and Apple Stores around the world. Here are some selected shots from across the Web.

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• Spontaneous Tributes To Steve Jobs Show Up Around The World (AAPL) (businessinsider.com)
• In Palo Alto, Mourning Local Hero Steve Jobs (forbes.com)

iOS5 set to release on October 12th.

Apple finally committed to a release date for the next version of their mobile OS. iOS 5 will be released on October 12th. If you can’t wait eight more days and don’t have a developer account, get iOS 5’s best features right now 

But the wait won’t be that long. iOS 5 will be officially available next Wednesday, and developers will likely see a golden master release even sooner.

2012: A 107 Million iPhone Year?

Another bullish prediction ahead of Apple’s Tuesday iPhone event: The company will ship 84 million iPhones this year and 27 percent more the next.

That’s the word from Janney Capital Markets analyst Bill Choi, who believes that new carrier agreements and international expansion will push iPhone sales as high as 107 million in 2012.

Get Smart : Sony Ericsson’s Strategy

Ten years ago, Japanese consumer electronics giant Sony Corp. and Swedish mobile-network vendor Telefon AB L.M. Ericsson put their mobile-phone units into a joint venture, creating Sony Ericsson in an effort to grab a profitable share of the booming global handset market.

It has been a bumpy ride. While the Swedish-Japanese hybrid enjoyed initial successes with its line of Walkman-branded music handsets and Cybershot camera phones, it has struggled to build major market share around the world, and, like rivals such as Motorola Mobility Holdings Inc. and Nokia Corp., has recently struggled to compete with Apple Inc. in the fast-growing smartphone market.

Apple’s Safari Browser Share Tops 5 Percent for First Time

Image via CrunchBase

With Macs making up a record high percentage of computers accessing the Internet, Apple’s browser is also reaching new heights.

Safari accounted for 5.02 percent of global browser usage for September, according to Net Applications. That marks the first time that its share has topped 5 percent, the firm said.

IBM Tops Microsoft in Market Value

Image via CrunchBase

International Business Machines Inc. topped rival Microsoft Corp. in market valuation for the first time since 1996, the latest sign of the technology industry’s shift in emphasis away from the personal computer.

The reversal comes more than a year after Microsoft lost its crown as most valuable technology company to Apple Inc. Microsoft’s market value peaked in late 1999 around $600 billion and has trended downward ever since, as the company has failed to replicate its dominance of PC software in markets like Internet search and mobile.

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• Microsoft now third-most valuable tech company behind IBM, Apple (winrumors.com)
• IBM Eclipses Microsoft in Value for the First Time in 15 Years (wizplus.wordpress.com)

Tablet to Make HP and RIM Feel Better About Themselves

There have been some pretty bad attempts to take on the iPad over the past year, but things reached a new low last night.

On NBC’s “The Office,” the fictional Dunder Mifflin team was forced to sell a triangle-shaped tablet, dubbed the Pyramid. It’s heavy and has poor battery life and, well, it’s shaped like a triangle. It has enough flaws to make the TouchPad and PlayBook seem like home runs.

Of course, unlike the products from HP and RIM (and dozens of less-than-successful Android tablets), what the Pyramid has going for it is that it was never meant to be real.

Samsung Offers deal to end dispute with the Apple’s

Lawyers for Samsung Electronics Co. Ltd. on Friday offered Apple Inc. a deal on a patent dispute over the two companies’ tablet computers that could allow the Korean company to launch its Galaxy Tab 10.1 device in Australia.

The agreement, if accepted by Apple, could see the tablet’s launch next week, Samsung’s attorney David Catterns told Dow Jones Newswires after a hearing at the country’s Federal Court in Sydney.

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• Samsung offers Apple a deal to allow Galaxy Tab 10.1 sales in Australia (engadget.com)
• In Australia, Samsung Offers Apple A Deal Over Galaxy Tab 10.1 Ban (techcrunch.com)