Apple has the best kind of problem: US$90bn in cash burning a hole in its pocket. At the Goldman Sachs Technology and Internet Conference on Tuesday, CEO Tim Cook was asked why the company has not taken the usual moves of buying back stock or issuing a dividend to shareholders. Investors, while happy with the epic stock price
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As if Research in Motion (RIM) needed more controversy surrounding its appointment of new CEO Thorston Heins, now a company director is arguing that it simply couldn’t have chosen a new CEO from outside the company earlier because the only
After sticking with a fairly consistent unibody MacBook Pro design for some time, Apple may be gearing up to bring design elements from its popular MacBook Air line into its more powerful models later this year. The company is preparing a “top-to-bottom revamp” of the MacBook Pro lineup that will
The late Steve Jobs was honoured with a Grammy Trustees Award on Saturday for his contributions to the music industry, which included helping to develop the iPod and reshaping the way music is sold with the iTunes Store. The award is meant to
Last week, Facebook took the first step to becoming a public company by filing its S-1 documents with the US Securities and Exchange Commission. Enormous figures are being bandied about but, as with Google, which listed the year Facebook was founded, the question investors
The next quarter will be tough going for Taiwan’s HTC as it tries to recover from its first big fall in profits in two years. HTC reported revenues of NT$101,42bn for the fourth quarter, but the company projects revenues of up to 36% less in the first quarter, from NT$65bn to NT$70bn (US$2,20bn-$2,37bn)
Apple has announced that John Browett, the now former CEO of UK-based Dixons Retail, will join the company as senior vice president of its retail division. “Our retail stores are all about customer service, and John shares that commitment like no one else we’ve met
You could almost feel sorry for Google’s management team lately. Their every move draws stinging criticism from the media, regulators and customers. The latest kerfuffle? Google is changing its privacy policies on 1 March. Now, website privacy policies are generally like Ayn Rand novels and the Government Gazette
There’s no shame in trying to hang on to Apple’s coat tails considering the US company is now by far the most valuable technology company in the world. XtremeMac wears its allegiance on its sleeve, and its latest offering, the Tango Bar speaker, offers a
Looking around SA, it’s hard to believe BlackBerry maker Research in Motion (RIM) is in trouble. The BlackBerry remains South Africans’ smartphone of choice but in developed markets consumers are shunning it in favour of alternatives. The resignations this week of long-serving