Why Apple keeps cash and its short-term and long-term investments coming in at $40 billion?
Apple is holding onto cash to take “big, bold” risks, Jobs said at the company’s shareholder meeting today
One financial website says: perhaps because Apple wants to buy Nintendo!
Not a bad idea.
Big news from the Apple shareholders meeting today in Cupertino:
Very soon, 25 Apple stores in China.
iPhone now in 70 countries.
Apple is now the top notebook provider to education in US.
Elmer-DeWitt reported the best line of the meeting:
“Steve is as feisty as ever (suggesting that questioners come to an actual question) and in good humor! …Another shareholder then asked a long winded question about what Apple/Jobs fears, “What keeps you awake at night?” Jobs deadpans: “Shareholders meetings.” Audience erupts in laughter.”
After the annual meeting, the Apple shares are UP.
WOW!
Today is Steve Jobs 55-year birthday.
Tomorrow is the annual Apple shareholders meeting in Cupertino.
Last year Steve was absent.
But tomorrow he will be there.
Expect some good news about the iPad.
“Design is not just what it looks like and feels like. Design is how it works.” Steve Jobs
The traffic of this blog has increased dramatically in the weeks before the Apple iPad’s launch.
We had more visitors and visits than ever.
With 523 links registered by Technorati (Buzzmachine has 657, and Reflections of a Newsosaur 617)
That was the iPad effect!
Tweetfeel has done some research about the negative reactions to the iPad.
They analyzed half million tweets after the Steve Jobs presentation of the new Apple device and they found that 60% of them were positive and 40% negative.
The chart shows the negative ones.
Nothing that Apple cannot fix.
So, I am very optimistic.
The first Apple factory was a bedroom and later a garage in Steve Jobs parent’s house.
These are pictures of one of the first computers Apple I sold and shipped from 11161 Cris Drive, Los Altos, California 94022.
Plus a personal letter signed by Steve Jobs to a client.
“You’ve got to find what you love.”
Steve Jobs in his Standford 2005 address, the best source to know aboutthe co-founder of Apple.
Wacht here the famous speech.
“Design is not just what it looks like and feels like. Design is how it works.”
– Steve Jobs, CEO of Apple.
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