Apple became the largest smartphone vendor last quarter, selling more than 20 million iPhones and recording its best ever quarter with 142% year-over-year growth. Also, last week, it passed Exxon briefly as the world’s largest company by market cap.Two big catalysts on the horizon for Apple’s iPhone unit include a potentially cheaper version designed for emerging markets like China and India as …
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If Apple Defends iPhone Margins, Stock Should Hit $560

StorageNewsletter.com reports (via AppleInsider) that Apple has placed a massive order with Isilon Systems for up to 12 petabytes of storage to support iTunes video offerings.
Apple ordered as much as 12PB of capacity from Isilon Systems, notably to manage the video download of its customers using iTunes, according to an inside source of the new division of EMC.
According to the report, the order is likely to make Apple the largest of Isilon’s 1,500 worldwide customers.
Apple is of course set to bring its massive new data center outside of Maiden, North Carolina online any day now, and Apple has reported that the facility will be used to support iTunes and MobileMe services. The company has, however, reportedly also been looking to deploy new cloud-based services that would allow users store music, video, and photos on Apple’s servers for access from multiple Internet-connected devices.
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By Dawn Kawamoto, DailyFinance NEW YORK (DailyFinance) — Verizon Wireless can expect to see its sales surge this year now that it finally has its hands on the Apple iPhone, analysts say. They predict the largest U.S. carrier will see a large boost in February, when Verizon Wireless launches the iPhone 4. But Verizon could see another boost in July if Apple launches its next-generation iPhone …
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Should Verizon Users Wait for iPhone 5?
By Dawn Kawamoto, DailyFinance NEW YORK (DailyFinance) — Verizon Wireless can expect to see its sales surge this year now that it finally has its hands on the Apple iPhone, analysts say. They predict the largest U.S. carrier will see a large boost in February, when Verizon Wireless launches the iPhone 4. But Verizon could see another boost in July if Apple launches its next-generation iPhone …
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Should Verizon Users Wait for iPhone 5?
The purchase of Ngmoco by DeNA is one of the largest deals ever involving an iPhone application developer.
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DeNA to Buy iPhone Game Developer
The purchase of Ngmoco by DeNA is one of the largest deals ever involving an iPhone application developer.

As hinted early in the keynote with the mention of TV show rentals, Steve Jobs today announced the second generation of Apple TV hardware, a significant redesign for the device. At one-fourth the size of the original Apple TV, the new device features HDMI and digital audio outputs, as well as Ethernet and 802.11n Wi-Fi and will offer only rentals from the iTunes Store.
Unlike the previous Apple TV, the new model will not have any significant internal storage, relying on streaming content only. Additionally, media can no longer be purchased but only rented. First-run HD movies can be rented for $4.99 on the day the DVD is released. Renting HD TV shows will cost $.99. At launch, only ABC and Fox will offer their HD shows for rental at this price.
Apple today announced the new Apple TV which offers the simplest way to watch your favorite HD movies and TV shows on your HD TV for the breakthrough price of just $99. Apple TV users can choose from the largest online selection of HD movies to rent, including first run movies for just $4.99, and the largest online selection of HD TV show episodes to rent from ABC, ABC Family, Fox, Disney Channel and BBC America for just 99 cents.
Apple TV also streams content from Netflix, YouTube, Flickr and MobileMe, as well as music, photos and videos from PCs and Macs to your HD TV. Enjoy gorgeous slideshows of your photos on your HD TV using Apple TV’s selection of built-in slideshows. Apple TV has built-in HDMI, Wi-Fi, Ethernet and an internal power supply for easy set-up, and features silent, cool, very low power operation in an enclosure that’s less than four inches square – 80 percent smaller than the previous generation.
The new Apple TV’s support for Netflix’s streaming service allows subscribers on a DVD rental plan costing $8.99 or more per month to access streaming content for no additional charge. Apple TV users will also be able to stream content from YouTube, Flickr, and MobileMe.
Apple’s new AirPlay, which replaces AirTunes, will allow the streaming of content from an iOS device to an Apple TV. During the keynote, Jobs demonstrated streaming a movie from an iPad to an Apple TV over a Wi-Fi network.
Apple TV content will be available in six countries to start, with more coming later this year. The new Apple TV, priced at $99, comes with a remote control and will be available starting in about four weeks, with pre-orders starting today.
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Bloomberg reports that Apple is in advanced talks with News Corp. to let iTunes users rent TV shows for 99 cents each. Other media companies are said to also be considering the possibility.
Viewers would be able to rent programs from News Corp.’s Fox for 48 hours, said the people, who declined to be identified because discussions arent public. CBS Corp. and Walt Disney Co., where Apple Chief Executive Officer Steve Jobs is a board member and the largest shareholder, also are in talks about joining the effort, the people say.
Apple is said to be counting on video content to increase the appeal of their iOS devices such as the iPad, iPhone and iPod Touch. Bloomberg also reiterates rumors that Apple is planning on launching a high-resolution iPod Touch and $99 Apple TV in the near future.
Talk of 99 cent TV show rentals has circulated before and is believed to be an alternative plan to an online subscription TV service that could not be solidified for fear of alienating cable providers.
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The Attorney General for the State of Connecticut has launched an investigation into the eBook market, targeting Apple and Amazon for deals they are striking with publishers to ensure favorable pricing. Attorney General Richard Blumenthal argues that the deals prevent other marketplaces from offering even lower prices, hampering competition.
Both Amazon and Apple have reached agreements with the largest e-book publishers that ensure both will receive the best prices for e-books over any competitors — contract provisions known as “most favored nation” (MFN) clauses.
In letters to Amazon.Com and Apple, Blumenthal is calling on the companies to meet with his office to address these concerns. Publishers that have reached such agreements with Amazon and Apple include Macmillan, Simon & Schuster, Hachette, HarperCollins and Penguin.
Blumenthal points to a survey of a number of New York Times best sellers yielding identical pricing at Amazon, Apple, Borders and Barnes & Noble, suggesting that the uniform pricing is evidence of anticompetitive behavior fostered by Apple’s and Amazon’s pricing agreements with publishers.
The full text of Blumenthal’s letter to Apple (PDF) is available on the Attorney General’s site.
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With the rising demand for latest iPhone 4G, Apple has decided to make this brilliant handset available in more areas. Recently Walmart, the largest retail store in America, has got the authorization.
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Apple iPhone 4G Now Available At Walmart | Tech, Gadgets, Web, How …


