WHAT'S NEXT: INNOVATIONS IN NEWSPAPERS

Good news for Apple.

Bad news for its European fans.

Good news for their shareholders.

Bad news for Steve Jobs critics.

And good news for resellers.

As Reuters said: Apple decision to delay the sale of its iPad overseas may frustrate customers around the wortld but it brightened the day of at least a few crafty fans closer to home. So-called resellers, opportunists who scoop up hot products and sell them over the Web at inflated prices, have recently been charging premiums of more than $500 on sites like Craigslist or eBay for the iPad.

Bloomberg reports that Apple shipped more than 500,000 iPads during the first week and expects demand to exceed its supply for the next several weeks, according to a statement today.

So the iPad will be not sold outside the United States until the end of May.

The reaction of the markets was, again, very strong and the Apple shares hit new record numbers.

At $245.81 the investors were trading Apple very confident about the prospects of a tablet that could be in a few days another sold out product.

As Bloomberh said:

Apple has suffered from shortages before. Its iPhone 3G was sold out at almost all of its U.S. retail outlets 10 days after it was introduced in July 2008. A year later, soaring sales of the iPhone 3GS left it with too few units to meet demand.

UPDATE: Read here Why was Apple’s prediction on iPads so wrong?

As a former subscriber of BusinessWeek, I got today this email with an excellent, clear and exciting way to present the re-launch of the magazine now owned by Bloomberg.

Good way to promote sampling.

As sampling is always the best way to promote any new print product.

Jonathan Stray checks for the Nieman Journalism Lab the real sources of the recent breaking-news story about the China/Google hacking case and finds that”

– Out of 121 unique stories, 13 (11 percent) contained some amount of original reporting. I counted a story as containing original reporting if it included at least an original quote. From there, things get fuzzy. Several reports, especially the more technical ones, also brought in information from obscure blogs. In some sense they didn’t publish anything new, but I can’t help feeling that these outlets were doing something worthwhile even so. Meanwhile, many newsrooms diligently called up the Chinese schools to hear exactly the same denial, which may not be adding much value.

- Only seven stories (six percent) were primarily based on original reporting. These were produced by The New York Times, The Washington Post, the Wall Street Journal, The Guardian, Tech News World, Bloomberg, Xinhua (China), and the Global Times (China).

- Of the 13 stories with original reporting, eight were produced by outlets that primarily publish on paper,  four were produced by wire services, and one was produced by a primarily online outlet. For this story, the news really does come from newspapers.

So how are we going co cover real news without original reporting?

And who is going to pay for real reporters?

And real journalism?

Let’s get real.

It’s now the BBW magazine.

At a discount price, Bloomberg made a good deal.

The price was said to be near $5 million, plus assumption of liabilities, which were $31.9 million as of April.

Founded in 1929, BusinessWeek – once valued at more than $1 billion — will to lose roughly $40 million this year.

What’s next?

With a circulation of about 921,000, the new BBW will become a more targeted publication.

Massive cuts in the 400 people newsroom, yes more than 400!

The Bloomberg’s staff of 2,200 reporters, editors and photographers can do this magazine with just a few people from the old brand.

And the will make money, for sure.

Not doing another The Economist.

Right now he sells to The Economist readers many o the 280,000 Bloomberg terminals to subscribers paying upwards of $1,500 a month.

Norman Pearlstine, a former managing editor for The Wall Street Journal and Time Inc.’s former editor-in-chief will run the new show.

Pearlstine is now Bloomberg’s chief content officer and will become BusinessWeek’s chairman.

INNOVATION’s Chris O’Obrien has posted here a slideshow with the first images of The Wall Street Journal News Hub.

Great facility.

Quite better and more futuristic than The New York Times new one.

And better than the Financial Times newsroom.

Matching in many ways the Bloomberg leadership in this area.

Are you ready?

Here it comes!

Bloomberg reports:

Crude oil will collapse to $20 a barrel this year as the recession takes a deeper toll on fuel demand, according to academic and former U.S. government adviser Philip Verleger.

A crude surplus of 100 million barrels will accumulate by the end of the year, straining global storage capacity and sending prices to a seven-year low, said Verleger, who correctly predicted in 2007 that prices were set to exceed $100. Supply is outpacing demand by about 1 million barrels a day, he said.

Prof. Verleger is a real expert in this confusing field, and here you can read his explanation about the 2008 Crude Oil Rise.

Journalism Caviar!