Technology Stocks | Apple Inc.


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To: Cogito who wrote (84468)8/14/2009 3:04:54 AM
From: Doren1 Recommendation   of 154050
 
Perhaps people just don't understand what the word "monopoly" means.

The definition of words is constantly changing...

I think it's clear that Apple is just as interested in stifling competition as any other fictional being known as a corporation.

Those who are invested will argue they are not skirting the law, those who are invested in rival companies will argue the opposite...

It like pork, no one likes it in any district except their own.

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To: Cogito who wrote (84468)8/14/2009 9:43:42 AM
From: William F. Wager, Jr.   of 154050
 
Allen...Apple Board Expected to Meet on Schmidt Seat; so if you're away next Tuesday, we'll understand why:

By YUKARI IWATANI KANE and JOANN S. LUBLIN
Apple Inc.'s directors plan to meet Tuesday and are expected to discuss possible replacements for the board seat recently vacated by Google Inc. Chief Executive Eric Schmidt, according to a person familiar with the matter.

Mr. Schmidt left Apple's board late last month, as the company cited potential conflicts as Apple's and Google's businesses increasingly overlap. The departure came as his membership on the two companies' boards also was being scrutinized by the Federal Trade Commission. Mr. Schmidt had been an Apple board member since 2006.

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Bloomberg News

Eric Schmidt
Apple, of Cupertino, Calif., declined comment. According to the company's Web site, the board meets at least four times a year. Other board members besides Chief Executive Steve Jobs include Intuit Chairman Bill Campbell, former Vice President Al Gore, Avon Products CEO Andrea Jung, former Chrysler finance chief Jerome York, J. Crew Group CEO Millard Drexler and Genentech Inc. Chairman Arthur Levinson. Apple's bylaws stipulate its board can have five to nine members; its board historically maintained between seven and eight members.

The board has been criticized for a lack of independence from Mr. Jobs. Half of the company's six outside directors have served for at least a decade, which some governance experts say is too long to maintain their independence from the CEO of a company.

"The biggest danger is that the board will be unable to truly take the perspective of the shareholder and will feel beholden to the CEO or unwilling to confront the CEO," says David Nadler, a corporate governance specialist with Oliver Wyman Consulting.

One person close to Apple has said in the past that Chief Operating Officer Tim Cook may be appointed to the board in the not-too-distant future. It's unclear whether directors will consider adding Mr. Cook to the board at Tuesday's session.

Write to Yukari Iwatani Kane at yukari.iwatani@wsj.com and Joann S. Lublin at joann.lublin@wsj.com

Printed in The Wall Street Journal, page B7
Copyright 2009 Dow Jones & Company, Inc. All Rights Reserved

online.wsj.com 

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From: William F. Wager, Jr.8/14/2009 9:56:53 AM
1 Recommendation   of 154050
 
As of June 27, Apple had a whopping $31.1 billion in cash and investments, up 27% from the year-earlier figure. The company’s cash position is the strongest among all technology companies, reckons Brian Marshall, an analyst at Broadpoint AmTech. (It’s not the largest, strictly speaking; Cisco Systems recently reported $35 billion in cash and Microsoft listed $31.4 billion, but both companies have debt that takes them below the net cash position of debt-free Apple, Marshall says).

blogs.wsj.com 

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From: William F. Wager, Jr.8/14/2009 10:04:18 AM
   of 154050
 
*OT* Woodstock: But How Was the Music?...Wobbly performances, technical problems marred the festival


As a music festival, Woodstock was pretty much a bust.

The promoters couldn't get some of the artists they wanted—John Lennon, Led Zeppelin, the Jeff Beck Group, the Doors and Roy Rogers among them. Managers insisted on booking their unknown artists as the price to get their famous clients. Iron Butterfly didn't show up. Not enough talent was contracted for three days and nights. Hired to perform with his band the Fish, at the last minute Country Joe McDonald was asked to do a solo set to fill time. Paul Butterfield, a Woodstock resident, was an 11th-hour addition.

Drugs diminished the musicians' skills. Tim Hardin was too disoriented to open the festival. John Sebastian, also pressed into service to fill an empty slot, couldn't remember some lyrics. Expecting to perform hours later than he actually did, Carlos Santana took a hit of mescaline that kicked in while he was on stage. The Who were unaware their drinks had been dosed with LSD; Roger Daltrey called their set "the worst performance we ever did." Jimi Hendrix, already hampered by a new, under-rehearsed band, seemed a bit wobbly.

Despite heroic efforts by engineers and stage personnel, at times the sound equipment failed. Amplifiers buzzed, guitar cables crackled, microphones cut out. The Grateful Dead's Jerry Garcia and Bob Weir were jolted with electricity when they approached their mikes. Ten Years After had to stop their opening number twice before they could continue. Stephen Stills, whose guitar was out of tune for Crosby, Stills & Nash's nine-minute opening number, complained about the monitors. So did Blood, Sweat & Tears. Sly Stone told the audience that some of the equipment wasn't working properly.


Three Lions/Getty Images
After Woodstock
Movies: The Rise of the Concert Film Culture: Both a Dream and a Nightmare Related Article
Woodstock's Forgotten Man (08/06/09) From the Archive
Read the editorial on Woodstock and the 'so-called generation gap' that ran in The Wall Street Journal on Aug. 28, 1969 Often considered the start of a musical revolution, Woodstock celebrated music that would soon be thought of as part of pop's past: The opening day was dedicated to folk, which, four years after Bob Dylan went electric at Newport, was on its way out. A snippet at the very beginning of Mr. Stone's set in which he, guitarist Freddie Stone and bassist Larry Graham toy with a little funk is the rare nod to the emerging changes in soul and R&B. And in a year in which James Brown, Aretha Franklin, Muddy Waters and Stevie Wonder were active, African-American music was woefully underrepresented.

Producers of the three-disk album "Woodstock: Music from the Original Soundtrack and More," released in 1970, and "Woodstock 2," issued 14 months later, intentionally disguised some of the flaws in the music, thus advancing the myth that Woodstock was a musical milestone too. Hendrix's lovely solo that concludes the original album was culled from a longer, less effective piece, as was the celebrated drum solo by Santana's Michael Shrieve. The live version of Crosby, Stills, Nash & Young's "Wooden Ships" on the original "Woodstock" album was recorded elsewhere, as was Arlo Guthrie's "Comin' into Los Angeles." So were two songs by Mountain on "Woodstock 2." Another discrepancy: The wild cheering and chant-along to Sly and the Family Stone's "I Want to Take You Higher"? Actors were brought to a Hollywood recording studio to augment the shouts from the crowd.

How Woodstock Changed the Music Business
7:05
Woodstock had an undeniable impact on the music and the culture of its day. But its ripple effects through the business of music continues. Festival co-creator Michael Lang, Metropolitan Talent Co-CEO John Scher and WSJ music critic Jim Fusilli talk about Woodstock's legacy.
But who knew? Many as-they-happened performances from the festival's 33 sets haven't been available until now. Rhino's "Woodstock—40 Years On: Back to Yasgur's Farm," out this week, contains 38 previously unreleased recordings, including unedited performances and the Guthrie and Mountain songs as they were played at the festival. Sony Legacy issued CDs of the entire Woodstock sets by Jefferson Airplane, Janis Joplin, Santana, Sly and Johnny Winter. The latest version of the documentary "Woodstock: 3 Days of Peace and Music" includes 18 previously unreleased performances by 13 bands. D.A. Pennebaker's documentary "Woodstock Diary 1969 Friday Saturday Sunday," available as an import, contains about two-dozen performances that weren't part of official releases.

One day, music fans no longer under the sway of the marketing of Woodstock as a cosmically significant cultural event will have access to every song recorded at the festival. (Rhino considered releasing a 30-CD boxed set of Woodstock music and stage announcements.) After they plow through the dross to enjoy the few moments of musical magic that occurred during those three days and nights, it's likely they'll shrug, fully aware that a great many festivals held after Woodstock presented much better rock & pop music.

—Mr. Fusilli is the Journal's rock and pop music critic. Follow him on Twitter: @wsjrock

online.wsj.com 

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To: William F. Wager, Jr. who wrote (84481)8/14/2009 10:39:39 AM
From: Win-Lose-Draw   of 154050
 
OT Time wounds all heels...

My single-digit-aged kids are festival kids - we do at least a couple every spring/summer and have since the youngest was 18 months old. But show them something from Woodstock and it's yawn-city. Show them someone like the Beatles, and out comes the "boy band" label.

For all the excitement there must have been in the moment, very little from that era has aged well at all. Not a condemnation - same is true for almost any time period.

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To: Doren who wrote (84478)8/14/2009 11:25:45 AM
From: Cogito   of 154050
 
>>I think it's clear that Apple is just as interested in stifling competition as any other fictional being known as a corporation.<<

Doren -

Absolutely.

What I find funny is that people seem to think that Apple is somehow obligated to enable its competitors by selling their software for them. Or to sell software from companies that compete with its US partner, AT&T. They are under no such obligation, morally or legally.

It's like complaining that Apple is violating anti-trust laws because you can't buy a Dell from Apple's website.

One thing I do note is that while Apple has its own Texas Hold'em game on the App Store, they also sell competing games.

- Allen

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To: Win-Lose-Draw who wrote (84482)8/14/2009 12:02:15 PM
From: JimisJim1 Recommendation   of 154050
 
That might be a function of age... my daughter had similar reactions to the Beatles and all "boomer" music when she was in single digits age... now, at 17 and off to college next week, and having already been part of two all-girl bands, her favorite music to play includes the Beatles, Led Zepplin, Cream, The Who, the Doors, the Stones, Santana, etc. -- she buys as much music from that era as she does contemporary stuff from iTunes and is also a big fan of Bach and Mozart... her first festival was an all-day reggae fest when she was much younger... although, one thing that may make her the exception vs. the rule is that she is majoring in music (plays violin, electric and acoustic guitar, electric bass and piano, as well as sings) and has a different perspective/appreciation of all sorts of music now that she didn't have 10 years ago.

All I'm saying is that kids can change a lot in 10 years and so can their taste in entertainments of all variety.

Jim

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To: William F. Wager, Jr. who wrote (84480)8/14/2009 12:25:53 PM
From: Stock Puppy   of 154050
 
Apple had a whopping $31.1 billion in cash and investments, up 27% from the year-earlier figure.


If Apple keeps on going with that, they could start their own country...




OT:
There was a movie ("Mouse that Roared") and "actual event" (some funky place in Florida Keys called "The Conch Republic") where they decide to form their own country, declare war on the USA and then surrender in order to get assistance payments... (although that '60s movie had an interesting twist ). I think the little known (for good reason) movie with Laurel and Hardy "Utopia"/"Atoll K" also had some elements of that theme.

imdb.com 
en.wikipedia.org 
imdb.com 



But I'll shut up now since I'm way off topic and Apple is hovering around 165. When will it get past this point?

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To: J.F. Sebastian who wrote (84474)8/14/2009 12:46:30 PM
From: HerbVic   of 154050
 
Does Apple require you to prove that you have Leopard when buying the upgrade? Otherwise, this is a non-issue, IMHO.

<<>>

My strong hunch is there will be two versions of Snow Leopard, the $29 one that checks for the presence of Leopard before it will install and the $169 boxed set version that does not.


<<>>

The $29 version probably installs over Leopard and only replaces parts that have been optimized. The $169 version would probably be a complete install that replaces all of any previously installed OS version.

I wonder what the rest of the bundle is?

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To: HerbVic who wrote (84486)8/14/2009 1:23:05 PM
From: clean861 Recommendation   of 154050
 
I wonder what the rest of the bundle is?

My guess is it will be the same as the current $169 bundle Which has OS X, iLife 09, and iWork 09.

Would be nice if they added Quicktime Pro and a couple of other things but that is wishful thinking.

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