Saturday, April 26, 2014

Apple offers to replace faulty power button on your iPhone 5 for free

San Francisco: Apple has offered to replace faulty on-off buttons on the iPhone 5, a rare glitch that it said on Friday affected "a small percentage" of the previous-generation smartphones.
Apple said on its user-support page that "iPhone 5 models manufactured through March 2013 may be affected by this issue," in which the button, also known as a sleep/wake mechanism, stops functioning or works only intermittently.
It did not say how many phones were shipped with the faulty mechanism. Owners can type in their iPhone serial numbers on Apple's website to see if their phones qualify for a fix, then either take their gadgets to a store or mail them in to be repaired.
Apple offers to replace faulty power button on your iPhone 5 for free

Owners can type in their iPhone serial numbers on Apple's website to see if their phones qualify for a fix, then either take their gadgets to a store or mail them in to be repaired.

"Apple will offer the service free of charge to iPhone 5 customers with models that exhibit this issue and have a qualifying serial number," spokeswoman Teresa Brewer said in a statement on Friday.
Apple rarely initiates large-scale repair programs for its products, and iPhone glitches are rare. The company prides itself on hardware engineering and design, particularly for a flagship phone that yields more than half its revenue.
In a 2010 incident dubbed "Antennagate," the company famously admitted that its iPhone 4 may experience signal loss when handled a certain way. The company subsequently offered free phone casings to correct the issue.
Apple began selling the iPhone 5S and the cheaper 5C in late 2013. In the first quarter, it moved a better-than-expected 43.7 million phones, helped by the gadget's increasing popularity in markets like Japan and China.

Friday, April 25, 2014

With Gundotra out, changes likely for Google+

Google's social network will have to move on without its champion

Computerworld - Now that Google's Vic Gundotra, a senior vice president and the head of Google+, is leaving the company, changes are likely afoot at the social network he championed since its inception, industry analysts said.
Vic Gundotra
Senior Vice President of Engineering at Google Vic Gundotra speaks about updates to Google Plus during a Google event in San Francisco, on Oct. 29, 2013. ({Photo: Beck Diefenbach/Reuters)
"Gundotra was certainly the public face of Google+," said Brian Blau, an analyst with research firm Gartner. "It was his creation, his group and he was the spokesperson for it. They often reveal what's going on at Google I/O. It's only eight weeks away so we may find out what could happen with Google+ soon enough."
Google+ usually get quite a bit of attention, along with updates about theAndroid platform and search, at Google I/O, the company's annual developer conference, which is being held June 25 and 26 in San Francisco.
Gundotra, who was a general manager at Microsoft before joining Google in 2007, led the effort to create Google+, which launched on June 28, 2011 as a social networking competitor to Facebook, as well as the social glue that the company plans to use to connect its different services.
He also was a popular public face for Google+, which had about 300 million active monthly users in October 2013. Gundotra took the stage at major conferences, speaking passionately about Google+, and garnered more than 6.5 million followers on his Google+ page.
On Thursday, Gundotra announced, fittingly, in a Google+ post that after starting the Google I/O conference, leading the company's mobile efforts and creating Google+, he is leaving the company.
He did not explain why he is leaving or what he will do next.
"But, now is the time for a new journey," he wrote. "A continuation... I am excited about what's next. But this isn't the day to talk about that. This is a day to celebrate the past eight years. To cry. And smile. And to look forward to the journey yet to come."
Blau noted that any conjecture about why Gundotra is leaving is just that -- conjecture. Whether he was asked to leave, left or personal reasons or found an offer he couldn't refuse, it still means that Google+ has been left without a champion.
"I don't think this is good news for Google," Blau said. "Vic seemed to be someone people really resonated with and liked... But Google+ is more than Vic. Google+ is a central part of the Google ecosystem strategy. I have a hard time seeing it going away. It could morph but it won't go away."
news.google.com

The Case For Making Windows XP Open Source (And Why It's A Bad Idea)

It has been over two weeks now since Microsoft support for Windows XP expired. So far, the world as we know it has not come to a grinding halt for Windows XP users, but that isn’t a reason to let your guard down—it’s really just a matter of time. With hundreds of millions of Windows XP systems still in use by businesses, government agencies, and individuals around the world, maybe Microsoft MSFT +0.43% should make the operating system open source and let developers take over.
When May 13 rolls around, things might start to look different. Many XP users viewed April 8 as some sort of “Y2K” event—as if their PCs would either stop working properly on April 9, or it was all just a bunch of needless hysteria. Stay calm and XP on.
The reality is that April 8 was just the beginning of the end, not the end itself. Where Y2K was a single event, and even the Heartbleed vulnerability that has gotten so much attention lately was a single vulnerability, Windows XP is an open wound that will never be patched. From April 8 forward, every vulnerability discovered in Windows XP will be a “zero day” vulnerability, and there won’t be any lifeline coming from Microsoft to help protect you from it.
Some are suggesting that a “black market” will emerge for Windows XP patches. That may very well be true. Just as attackers can reverse-engineer the patches Microsoft releases for the supported versions of Windows and find out where the vulnerability is to exploit it in Windows XP, independent developers could reverse-engineer to find the vulnerabilities and create a patch to protect Windows XP.
Ensuring the integrity and stability of the rogue patches, however, and safely distributing and applying them might present a problem, though. That’s where an open source community might come in handy.
If the source code for Windows XP were open source, independent security researchers and developers would be able to proactively analyze it to find and fix flaws rather than waiting for discovered vulnerabilities to be patched by Microsoft. If Microsoft were to sponsor or coordinate that effort—or even just cooperate—the open source community could be given early access to vulnerability data so that patches could be developed for XP in parallel with the supported operating systems, and released simultaneously along with the monthly Patch Tuesday security bulletins.
Of course, there are some very good reasons not to make Windows XP open source as well.
Craig Young, a security researcher with Tripwire, explains that opening the source code would almost certainly lead to an influx of vulnerability discoveries in Windows XP—as well as newer Microsoft operating systems that share the same code base. Whether that is a good or bad thing depends entirely on the morals and motives of the person identifying the vulnerability.
Young also expressed concern that open source Windows XP patches would themselves quickly become a popular method of exploiting and compromising Windows XP systems. “XP open source patches would be significantly different than Linux in that the people supplying the patches would not have any significant incentive to deliver quality software. Installing malicious patches would be very easy for XP users and the consequences could have very serious security implications.”
In fact, not everyone is gung ho about putting XP on continued life support. Some—especially in the security community—would like to just bury the OS and remember it fondly.
“I sincerely hope that those demanding continued support or that the XP source be released fall into the category of the vocal few,” declared Tyler Reguly, security research manager at Tripwire. “No mainstream consumer OS has ever been supported as long as Windows XP has been. If you look at server platforms, even Solaris 8 and AIX 5 (both of which were released after XP) are already past their end-of-life dates. Apple AAPL +8.2% released OS X 10.6 (Snow Leopard) in 2009 and dropped support for the OS roughly 4.5 years later. This is less than half of the 12 years Microsoft has supported XP.”
Andrew Storms, senior director of DevOps for CloudPassage, is pretty sure pigs will need air traffic controllers before Microsoft will make Windows XP open source. “This would set a precedent for all past and future end-of-life Microsoft products and surely it’s not likely that a commercial software company is going to suddenly feel generous. Not to mention I’m certain they would not feel like opening the kimono for all their dirty laundry of old code to be seen by the entire world.”
Storms has a better idea than trying to figure out how to continue patching Windows XP. “Let’s spend all these fruitless efforts of trying to hold on to XP on something else—like helping people upgrade.”
That is sage advice. Don’t hold your breath waiting for Microsoft to make Windows XP open source, but—by all means—if you would welcome making XP open source you should just migrate to an open source operating system. The net result will be essentially the same anyway. Switch to one of the multitude of Linux variants, and you can keep using your existing hardware, and upgrade to a more secure operating system that is still supported by an open source community.
news.google.com

Momentum-Stock Doubters Get Walloped As Facebook and Apple Reignite

“Stick with momentum plays” appears to be one of the urgent alerts the market delivered yesterday (Apr. 23) as Apple AAPL +8.2% (AAPL), Facebook(FB) and Google GOOG -0.34% (GOOGL) clicked Refresh. 
Shares of these tech leaders reignited as Apple and Facebook surprised Wall Street with positive announcements and first quarter results that pleased investors, including some technology-sector doubters.
Apple’s stock boomed and climbed some 8%, to $564 a share after Apple CEO Tm Cook proclaimed that the maker of the ubiquitous iPhones and iPads will return to shareholders more than $130 billion by the end of next year, up from a previous goal of $100 million. That adds $90 billion to Apple’s total buyback program, way up from a previous $60 billion target.
And Facebook’s stock also bolted, rising nearly 4% to $62 a share, after the world’s largest social media company reported first-quarter results that showed profits tripled to $642 million  and revenue jumped to $2.5 billion from $1.46 billion a year. In 2012, the year Facebook went public, net income was a paltry $53 million, or 1 cent a share.   
Prior to yesterday’s rally, the rambunctious technology stocks had been taking it on the chin, with most investors spooked by the sudden reversal in technology hotshots Google, Facebook  — and Apple (AAPL), which continued to be on the ropes.
These firebrands spearheaded the market’s recent pullback prior to yesterday’s massive comeback, although the group’s big retreat shouldn’t have been a surprise. Many of these “momentum” tech stocks had been super-hot for more than a year, powerfully barreling higher to new all-time record levels. So some air had to be let out of those hefty gains.
But long-term investors – and the nimble among the opportunistic traders –who took advantage of the decline by snapping up the battered tech shares, notably Facebook and Apple, reaped a bonanza.
 Google, for instance, which did a two-for-one-split, had dropped to $534 a share from its 52-week high of $604.83, and Facebook was down to $59 from a year’s high of $72.59. And the long-beleaguered Apple had fallen to $524, off from its 52-week high of $575.14 – and way down from its all-time high of $705.07 reached in 2012.  In 2011, the stock had plunged to as low as $310.50 a share.
But swiftly, all that has changed. Google, Facebook and Apple pulled a surprising powerful turnaround that has prompted many investors, including some tech skeptics, to give the technology stocks a second look. Quite possibly, they are changing their negative outlook on so-called momentum stocks. To be sure, Google, Facebook and Apple have recaptured their standing as the tech leaders to watch – and own.
One of the most closely watched stocks is Google, the world’s largest Internet enterprise specializing in web search with a singular purpose of organizing global information to make it universally accessible and useful to everyone. So its decision to split its stock shouldn’t have been a surprise. The company did a two-for-one split in April 2014, creating Class C shares (GOOG)which have no voting rights.
Some tech investors were initially disappointed at Google’s first-quarter results which, they argued, weren’t as good as had been forecast by some analysts. The average paid clicks increased 26% and average cost-per-click dropped some 9%. But revenues impressed the bulls as it climbed 19%, to $15.4 billion, way up from $13 billion a year ago. First quarter earnings of $6.27 a share vs. $6 a year ago, however, were below some analysts’ expectations. 
 But S&P Capital IQ’s Scott Kessler was one of those who liked the first-quarter results, who had raised his recommendation on Google’s Class A shares (GOOGL) to a buy from hold on April 7 — way before the earnings report came out. Kessler expects the stock to drive up to $650 a share in 12 months. Kessler figures Google’s revenues will jump 11% in 2014 and by 15% in 2015. Google closed on Apr. 24 at $534.44.  
Robert S. Peck, analyst at SunTrust Robinson Humphrey, says Google continues to trade at an “attractive valuation to its growth profile vs. its large-cap peer group.” He notes that “given the still-steady growth of Google’s more mature core advertising markets and its leading competitive positioning in products like YouTube and mobile (which are in a much early growth stage), “we feel Google is attractively valued.”
Facebook, which has spent more than $20 billion to acquire  messaging upstart WhatApp and little-known virtual-reality enterprise Oculus VR, is surely another momentum play that tech and social media investors should own. As revenue rocketed 72%, “the percentage of daily users of Facebook continues to increase, much to our surprise and joy,” said CEO Mark Zuckerberg.
Laura Martin, analyst at investment firm Needham who rates Facebook a buy with a price target of $80 a share, notes that Facebook’s “captive audience is the installed base over which the company has optionality to generate revenue.” Facebook has monthly active users of 1.28 billion, with average revenue per user in the first quarter rising 33% to $2, according to the company.
Martin figures that “at 17 minutes spent per day, the longest online, Facebook’s upside potential is amplified by long time-frames available to reach its audience.” Facebook, she says, is a rare large-cap growth company that “deserves a premium multiple, given its $3.7 billion of daily trading volume, a $14.4 billion market cap, and revenue growth of 55% in 2013, and an estimated 41% in fiscal year 2014 despite its size.”
news.google.com

Thursday, April 24, 2014

Here's Why Microsoft Corporation Might Beat Analyst Estimates Today

Microsoft is set to announce its third-quarter earnings after market close today, and while analysts are expecting an earnings decline, a few important developments throughout the quarter could drive Microsoft's third earnings beat in as many quarters. The end of support for Windows XP, Microsoft's venerable operating system, could provide a long-lasting boost to earnings, as well as helping chip maker Intel Plus, the continued strength of Microsoft's enterprise products should continue to make up for a weak PC market.
The end of an eraOn April 8, Microsoft officially ended support for Windows XP. This means that there will be no more updates or patches available for the operating system, leaving current users open to security issues. Windows XP still runs approximately 30% of PCs, leaving millions of consumers and businesses in a precarious situation.
On the enterprise side, companies have been slow to upgrade to Windows 7 or Windows 8. In fact, many companies have signed extended support agreements with Microsoft, paying the software giant a fee to continue to issue security updates while Windows XP is replaced. Big banks are a good example, forced to upgrade software on ATMs or face serious security problems. As of last month, about 95% of ATMs worldwide ran Windows XP, and the transition to a newer version of Windows will play out over the next year. JPMorgan Chase has paid Microsoft for a one-year extension as it installs Windows 7 on all of its ATMs, not a simple task, and Microsoft benefits from both the sale of Windows licenses and additional support revenue.
The Internal Revenue Service is another organization that was forced to pay Microsoft for an extension, as nearly half of the agency's PCs are still running Windows XP. This is a case where Intel will likely benefit as well, as older computers from when Windows XP debuted in 2001 may not even be capable of running Windows 7 or Windows 8.
Intel's recent earnings report suggests that PC sales are stabilizing, at least partly due to the Windows XP transition, with Intel's PC Client Group reporting a 1% year-over-year decline in revenue, a smaller decline compared the recent trajectory of the PC market. Unit volume was actually up 1% year-over-year, and the average selling price for desktop chips increased. This is good news for Microsoft, and the company may be selling more Windows licenses than analysts are expecting.
The strength of the enterpriseThe enterprise business has been a bright spot for Microsoft for a long time, and solid growth in the second quarter led to a significant earnings beat for Microsoft. SQL Server, Microsoft's database product, grew by double-digits last quarter, and with the recent release of SQL Server 2014, the $5-billion-per-year product should post strong growth once again.
Office is the most important product in terms of profits for Microsoft, and the company's subscription-based Office 365 has been growing fast. The number of enterprise seats doubled year-over-year last quarter, and the recent release of a native iPad version of Officemakes the subscription more attractive for consumers and companies using both PCs and iPads. The conference call will likely shed some light on how Office 365 is doing, and it's safe to expect substantial growth to continue.
The cloud is another area growing quickly for Microsoft, with the number of Azure customers more than doubling year-over-year last quarter. Microsoft is in a price war with Amazon andGoogle, with all three aggressively slashing prices on compute and storage, which may have a negative effect on earnings in the short-run. But, the high-value services that Microsoft offers via Azure will ultimately be what differentiates it from the competition, and while Microsoft still needs to execute, its status in the enterprise gives the company important advantages.
Like last quarter, Microsoft's enterprise business should continue to drive the company's revenue and earnings higher.
The bottom lineMicrosoft should get a boost from the end of support of Windows XP, and given that it will take many companies at least a year to fully switch to a newer version of Windows, the positive effect on earnings could last longer than a single quarter. Along with continued strength in enterprise and growth in the cloud, don't be surprised if Microsoft manages to beat analyst estimates for the third quarter in a row.
Are you ready to profit from this $14.4 trillion revolution?Let's face it, every investor wants to get in on revolutionary ideas before they hit it big. Like buying PC-maker Dell in the late 1980s, before the consumer computing boom. Or purchasing stock in e-commerce pioneer Amazon.com in the late 1990s, when it was nothing more than an upstart online bookstore. The problem is, most investors don't understand the key to investing in hyper-growth markets. The real trick is to find a small-cap "pure-play" and then watch as it grows in EXPLOSIVE lockstep with its industry. Our expert team of equity analysts has identified one stock that's poised to produce rocket-ship returns with the next $14.4 TRILLION industry. Click here to get the full story in this eye-opening report.

Here's Why Microsoft Corporation Might Beat Analyst Estimates Today

Microsoft is set to announce its third-quarter earnings after market close today, and while analysts are expecting an earnings decline, a few important developments throughout the quarter could drive Microsoft's third earnings beat in as many quarters. The end of support for Windows XP, Microsoft's venerable operating system, could provide a long-lasting boost to earnings, as well as helping chip maker Intel Plus, the continued strength of Microsoft's enterprise products should continue to make up for a weak PC market.
The end of an eraOn April 8, Microsoft officially ended support for Windows XP. This means that there will be no more updates or patches available for the operating system, leaving current users open to security issues. Windows XP still runs approximately 30% of PCs, leaving millions of consumers and businesses in a precarious situation.
On the enterprise side, companies have been slow to upgrade to Windows 7 or Windows 8. In fact, many companies have signed extended support agreements with Microsoft, paying the software giant a fee to continue to issue security updates while Windows XP is replaced. Big banks are a good example, forced to upgrade software on ATMs or face serious security problems. As of last month, about 95% of ATMs worldwide ran Windows XP, and the transition to a newer version of Windows will play out over the next year. JPMorgan Chase has paid Microsoft for a one-year extension as it installs Windows 7 on all of its ATMs, not a simple task, and Microsoft benefits from both the sale of Windows licenses and additional support revenue.
The Internal Revenue Service is another organization that was forced to pay Microsoft for an extension, as nearly half of the agency's PCs are still running Windows XP. This is a case where Intel will likely benefit as well, as older computers from when Windows XP debuted in 2001 may not even be capable of running Windows 7 or Windows 8.
Intel's recent earnings report suggests that PC sales are stabilizing, at least partly due to the Windows XP transition, with Intel's PC Client Group reporting a 1% year-over-year decline in revenue, a smaller decline compared the recent trajectory of the PC market. Unit volume was actually up 1% year-over-year, and the average selling price for desktop chips increased. This is good news for Microsoft, and the company may be selling more Windows licenses than analysts are expecting.
The strength of the enterpriseThe enterprise business has been a bright spot for Microsoft for a long time, and solid growth in the second quarter led to a significant earnings beat for Microsoft. SQL Server, Microsoft's database product, grew by double-digits last quarter, and with the recent release of SQL Server 2014, the $5-billion-per-year product should post strong growth once again.
Office is the most important product in terms of profits for Microsoft, and the company's subscription-based Office 365 has been growing fast. The number of enterprise seats doubled year-over-year last quarter, and the recent release of a native iPad version of Officemakes the subscription more attractive for consumers and companies using both PCs and iPads. The conference call will likely shed some light on how Office 365 is doing, and it's safe to expect substantial growth to continue.
The cloud is another area growing quickly for Microsoft, with the number of Azure customers more than doubling year-over-year last quarter. Microsoft is in a price war with Amazon andGoogle, with all three aggressively slashing prices on compute and storage, which may have a negative effect on earnings in the short-run. But, the high-value services that Microsoft offers via Azure will ultimately be what differentiates it from the competition, and while Microsoft still needs to execute, its status in the enterprise gives the company important advantages.
Like last quarter, Microsoft's enterprise business should continue to drive the company's revenue and earnings higher.
The bottom lineMicrosoft should get a boost from the end of support of Windows XP, and given that it will take many companies at least a year to fully switch to a newer version of Windows, the positive effect on earnings could last longer than a single quarter. Along with continued strength in enterprise and growth in the cloud, don't be surprised if Microsoft manages to beat analyst estimates for the third quarter in a row.
Are you ready to profit from this $14.4 trillion revolution?Let's face it, every investor wants to get in on revolutionary ideas before they hit it big. Like buying PC-maker Dell in the late 1980s, before the consumer computing boom. Or purchasing stock in e-commerce pioneer Amazon.com in the late 1990s, when it was nothing more than an upstart online bookstore. The problem is, most investors don't understand the key to investing in hyper-growth markets. The real trick is to find a small-cap "pure-play" and then watch as it grows in EXPLOSIVE lockstep with its industry. Our expert team of equity analysts has identified one stock that's poised to produce rocket-ship returns with the next $14.4 TRILLION industry. Click here to get the full story in this eye-opening report.

Wednesday, April 23, 2014

The man who invented the Internet (well, sort of)

The Internet loves lists -- the quirkier and clickier, the better. Here's a sampling of some notable ones, starting with <a href='http://www.buzzfeed.com/rooftopreport/15-reasons-taylor-swift-might-be-a-cat-ame5' target='_blank'>this Taylor Swift gem</a> published last year by BuzzFeed.
(CNN) -- David Wallechinsky didn't invent what's on the Internet. It just seems that way.
In 1977, Wallechinsky, his father Irving Wallace and his sister Amy Wallace published "The Book of Lists." The compendium of cleverly presented facts, such as "15 People Who Became Words," "10 Men Who Were Supported By Their Wives" and "6 Positions for Sexual Intercourse -- In Order of Preference," wasn't just simple enumeration.
It featured detailed explanations about its subjects, proving itself a worthy and entertaining reference work. "The Book of Lists" immediately took its place on another list -- the bestseller list -- and spawned three sequels.
More than three decades later, in the Internet age, its impact is everywhere. Countless websites, including CNN.com, have turned to lists -- sometimes in the form of galleries -- to help tell stories in a digestible way and boost page views. Topics range from "History's Biggest Mysteries" to "13 Team Names That Will Make a Lot More Sense When You Know Their Origins" to "11 Things You Didn't Know About Spinal Tap."
Sure, you can't copyright an idea that goes back to God andHammurabi, but one might think that Wallechinsky might be seething about seeing his child so misused.
David Wallechinsky
David Wallechinsky
Not in the least, says the author, Olympic historian and creator of the websiteAllGov.com.
"I was thrilled when the Internet came around," he says. He understands that the list concept makes it easier to process information, and "I'm glad to have done what I could."
These days, Wallechinsky, 66, devotes his time to AllGov.com, an attempt to create a different kind of information repository: a site all about the business of government, including details about dozens of government agencies and names of hundreds of government officials. Currently AllGov features the United States, California and France; plans call for it to cover every U.S. state and every country in the world.
"We pride ourselves on accuracy, double-checking," he says. "The Internet is so full of junk and not-researched material. ... We try to emphasize policy instead of politics."
CNN spoke to Wallechinsky about lists, government and finding himself referenced on Wikipedia. The following is an edited and condensed version of the interview.
CNN: Have you ever reflected on the impact of "The Book of Lists" on the Internet as we know it?
David Wallechinsky: Oh, sure. But I can't take credit because I have in my collection a book of lists that goes back to the 17th century. Certainly the ideas have been there. I was thrilled when the Internet came around.
CNN: Why do you think the Internet is so full of lists?
Wallechinsky: I think we live in an era of over-stimulation -- too much information -- so lists are a way of grasping that information. It just makes it easier to do 11 of this or 7 of that. It just makes it easier to sort out that overwhelming amount of information.
CNN: What sites using lists do you admire?
Wallechinsky: I like Mental Floss. I feel like they've picked up the baton and done a wonderful job. They just have great categories.
I really admire their obscure categories. I think the best lists are the ones you can't just look up -- you have to really think about and research. The ones that aren't easy.
CNN: When "The Book of Lists" came out in 1977, it was a huge bestseller. Did you expect the reaction?
Wallechinsky: No, not really. My father and I had compiled a book, "The People's Almanac," and one of the chapters was lists, just list-lists. We got a lot of feedback on the list chapter, and my father said, look at all this. What if we did a whole book of lists? So we did it, and we thought, why just do one through 10, when you can tell a little story behind it. I think that's what really made it a success.
CNN: Many websites use lists for clickbait, not for shedding any light on the subject at hand. Does this bother you?
Wallechinsky: Oh, sure. One thing I don't like is where there's a list or a gallery and you have to click for No. 2, click for No. 3, click for No. 4. They're just trying to get you to have more page views and sell more ads. I don't want to have to do that. I just want to see the list on one page.
CNN: What's the story behind AllGov.com?
Wallechinsky: I was looking at the budget of the United States and I was overwhelmed by how much I didn't know as someone who follows politics. Something like 95% of what the government did doesn't get covered. I asked (Parade magazine, where Wallechinsky was a contributing editor) if I could do this article on where our tax dollars go. They said go ahead.
I (also) did a sidebar on ridiculous projects about to be funded. The one I picked out to visit was the Bridge to Nowhere, which wasn't so well known at the time, and it (became) the cover story.
But when all the publicity about this died down, it was the other article I couldn't get out of my mind. So I made this list of more than 300 agencies in the U.S. government, their budget, how many people they employ and that's how I got the idea for AllGov. (The site's been live since 2009.)
CNN: The Internet is supposed to be the great leveler, now that there's all this information out there. But are you concerned we get caught up in bread and circuses? The Bridge to Nowhere got a lot of attention partly because it had a catchy name.
Wallechinsky: Yes, certainly that's the case. All I can do with AllGov is put it out there. If people are interested in the Bureau of Indian Affairs or the Grain Inspection Bureau, then they will find this, and they will find the only independent view on the Internet of it.
CNN: Do you think the Internet has made us more tribal?
Wallechinsky: You started to see that with the introduction of cable television. It used to be that everybody watched the same news channels and that was it. The minute cable came in, you got that breakup of what people were watching. The Internet is just an extension of that.
But what makes the Internet so great is that it's interactive. You can see opposing sources -- if you know how to use it. I'm so honored it happened my lifetime, just from an information point of view.
CNN: I can't be the first person to ask you about creating the Internet.
Wallechinsky: I haven't looked in the last year or two, but at one point on Wikipedia it actually mentioned that either "The People's Almanac" or "The Book of Lists" was the progenitor of the Internet. (laughs) I don't know if it's still there.

Apple’s Profit Still Climbs, but Pressure is Growing



To please investors, Apple said it would increase its stock buyback and raise its quarterly dividend.CreditJohn Moore/Getty Images
SAN FRANCISCO — Apple’s remarkable growth streak — now more than a decade old — is starting to fade a little.
Apple reported on Wednesday that its revenue for the last quarter climbed 5 percent, to $45.6 billion, from $43.6 billion in the same period the year earlier. The company’s earnings were up about 7 percent, to $10.2 billion, from $9.5 billion in the same quarter a year ago.
Although the results beat expectations, the company’s rate of profit and revenue growth has slowed considerably in recent quarters. The slowdown has put pressure on Timothy D. Cook, the company’s chief executive, to release products in new categories — perhaps with a so-called smart watchor even an Apple television.

On Wednesday, Apple resorted to other means to at least temporarily please investors concerned about the pace of growth.
The company said it would buy $30 billion of its stock in addition to the $60 billion it announced last year. It also raised its quarterly dividend by 8 percent and said it would split its stock. In after-hours trading, Apple’s shares were up 7.6 percent.
Photo
Smartphone sales are slowing industrywide, as in China, where Apple recently made a deal to sell iPhones with China Mobile. CreditDiego Azubel/European Pressphoto Agency
In a call with analysts, Mr. Cook said the increased buyback was “a signal of the board and management team’s strong confidence in the future of Apple.”
Carl C. Icahn, the activist investor who has repeatedly clamored for Apple to increase its buyback program, expressed his satisfaction with the change on Twitter. “Believe we’ll also be happy when we see new products,” he wrote.
The company sold 43.7 million iPhones — up from 37.4 million in the same period last year. But sales of its iPads, at 16.35 million, were slightly down, from 19.5 million last year, despite a major redesign for one of the iPads introduced in the fall.
It was almost certain that Apple’s stratospheric rise, largely on the back of the iPhone, would plateau. It’s the law of large numbers.
“If Apple grew the next five years like it did the previous five years, it would be approaching the G.D.P. of Australia,” said Toni Sacconaghi, an analyst at Sanford C. Bernstein.
Still, investors have come to expect big jumps from Apple. For years, Apple has blazed new trails for the tech industry with its iPhones and iPads.
“Psychologically, it’s more the issue that here is this incredibly high-flying company two years ago growing at 50 percent or more,” Mr. Sacconaghi said.
The big question that hovers over the company is whether it can regain that momentum.
Apple’s iPad sales are slowing down much faster than many expected. Apple sold about three million fewer iPads over the last quarter than it did in the same period last year. Apple said the result was mostly related to supply changes.
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Apple's stock activity over the last three months.
But Apple’s competitors, like Amazon and Samsung Electronics, offer much cheaper tablets, and that may also be stifling the iPad’s growth. Many cheap tablets that cost half as much as an iPad, like Amazon’s Kindle Fire, have improved in quality, said Tero Kuittinen, managing director at Frank N. Magid Associates, a strategic consulting firm.
“Many people would argue that the quality of the $200 tablet has improved radically,” Mr. Kuittinen said. “At the same time, Apple decided to pick and hold the line on premium pricing and clearly it’s undermining unit growth.”

Still, Mr. Cook said on the earnings call that he was optimistic about the iPad’s growth. He said that market share was not an accurate depiction of the device’s success. Over 90 percent of tablets used by enterprise companies, and 95 percent of the tablets used by schools, are iPads, and customer satisfaction with iPads remains high, he said.
“What it means to me is that the trend over time, over the arc of time, that things look very, very good, that iPad has a great future,” Mr. Cook said.
Apple had strong growth from iPhone sales, selling about six million more over the quarter than it did in the same period last year. Apple said its recent partnership with China Mobile, the biggest phone carrier in the world, helped sales.
Sales of the iPhone pushed the company above Wall Street expectations. Analysts had expected revenue of $43.5 billion and profit of $10.18 billion, according to a survey by Thomson Reuters.
Still, smartphone sales are slowing down industrywide, notably in China, which may pose a potential problem for Apple. Smartphone sales there are expected to grow only 20 percent this year, compared with growth of 60 percent in 2013, according to the research firm IDC. Many people with stable incomes have already bought smartphones there.
Mr. Cook seemed confident that the iPhone would continue to find growth. He said that the older iPhone 4S was helping attract first-time iPhone buyers in emerging markets like China and Vietnam. Apple’s iPhone sales were also up in developed markets like the United States, France and Germany, he said.
Apple also sold 4.1 million Macs over the quarter, roughly flat compared with last year.
The spring quarter should be tougher for Apple. The company is widely expected to introduce new iPhones with larger screens this fall, so many consumers may be holding out on buying iPhones until those models come out.
“That’s when the pressure is going to be the most intense,” Mr. Kuittinen said.
http://www.nytimes.com/2014/04/24/technology/apples-profit-climbs-but-cracks-are-showing.html?_r=0

Rumor: Apple's 'iPhone 6' may sport curved edges, display glass



A report on Wednesday claims Apple's next-generation iPhone may employ a curved chassis design and accompanying display glass, a vast departure from the substantially squared-off design used on existing Apple handsets.



Squair's "Curvaceous Bumper." | Source: Squair


Citing a "trusted source," Japanese blog Mac Otakara reports the so-called "iPhone 6" will sport "rounded" edges and a curved display glass much like the design seen on Samsung's Galaxy S III. The publication's sources have a decent track record in predicting future Apple product designs, especially regarding displays and screen tech.

Aside from the Galaxy S III, Apple's supposed iPhone design is akin to an existing iPhone bumper made by Japanese company Squair (seen above). The metallic bumper, made out of Duralumin, features a largely rounded-off edge that protrudes from the iPhone's chassis. It is unclear if the iPhone 6 will boast such a severe curvature. 

To accommodate the rounded edges, a slightly curved display glass is also said to be part of Apple's design plans. Based on what can be gleaned from the report, it seems like the top glass will not feature a convex face, but rounded edges to sit flush with the chassis. 

Finally, the iPhone 6 will do away with the dual glass-covered antenna windows seen on the back of iPhone 5 and 5s models, the source said. It is unknown what method of radio transmission will be utilized in the upcoming handset, though Apple will likely take steps to avoid another "antennagate" debacle.

Earlier this month, KGI analyst Ming-Chi Kuo said in a research note that Apple would release two new iPhones this year, a 4.7-inch version and a larger phablet-style 5.5-inch model. Kuo believes the 4.7-inch iteration will use a 1,334-by-750-pixel display with a resolution of 326 pixels per inch in a bid to maintain congruency with current apps. The 5.5-inch version would be a more traditional 1,920-by-1,080 pixels, which translates to 401ppi.