
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?
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Reuters reports:
“An industry that gives away its content is cannibalizing its ability to do good reporting,” Rupert Murdoch said.
(Murdoch by Luis Grañena, in our 2009 INNOVATIONS IN NEWSPAPER Global Report)
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Reuters is proud to report that the British news agency won the Pulitzer Prize for breaking news photography on Monday for this picture of a Japanese videographer killed during a demonstration in Myanmar.
Adrees Latif won for “his dramatic photograph of the Japanese videographer, sprawled on the pavement, fatally wounded during a street demonstration in Myanmar,” the Pulitzer Prize board said.
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The IHT reports:
The leading Italian financial newspaper, Il Sole 24 Ore (345,000 copies a day), is going to sell a third of the company to the public this month.
The newspaper owner, the Italian employers’ lobby Confindustria, wants to raise as much as €300 million, or $440 million, in the share offering.
Well, first it was Reuters.
Then Dow Jones and Les Echos.
And now the largest European financial newspaper.
What about the instant success of the new Fox Business TV?
The financial news boom continues.
INNOVATION sees more deals of this kind in the near future.
Financial newspapers have a lot of potential and synergies in the new online media landscape.
Murdoch is not stupid.
Il Sole 24 Ore is a great newspaper.
(Picture of the newsroom by Dutch Schultz)
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