Analysts and wads of cash
Tuesday, 05 March 2013
How an analyst lost big on wild Apple predictions — Andy Zaky is a self-taught, 33-year-old investor who has offered some of the most wildly accurate predictions on Wall Street, and in the past he’s been pretty spot on with his bullish calls to buy AAPL stock.But something happened to Apple’s stock value after hitting its September 2012 high of $700+ per share. It suddenly plummeted, and it has continued to decrease for the past 5-6 months. Fortune has an exposé on Zaky’s rise to fame and how his hedge fund has really struggled in recent months.
Buffet poses no surprises — Warren Buffet the famous investor on CNBC had some opinions about Apple, its stock price and the enormous pile of cash it's sitting on. His basic thoughts, not surprisingly, were just for Apple to keep making money. Duh.
Inside the Lightning — Last week, the folks at Panic pulled apart one of Apple's Lightning to HDMI digital AV adapters in an attempt to figure out why it didn't seem to output true 1080p HD video. To their surprise, they found it contained a tiny computer featuring an ARM processor and 256MB of memory. They had some thoughts on how the accessory might be working its magic, namely that it could be using AirPlay in some way, but now someone claiming to be an Apple engineer has come forward with what's said to be the official explanation of how it works. The anonymous individual claims that AirPlay isn't actually being used at all, and that contrary to some speculation the adapter's processor doesn't run a stripped-down version of iOS.
Another new version of (grrr) Java — Apple has released Java for OS X 2013-002 1.0 today. You can install the update for OS X 10.7 and later by launching the Mac App Store and clicking the Updates icon, or download the update directly from here. [Wish we didn't need it at all.]
This update uninstalls the Apple-provided Java applet plug-in from all web browsers. To use applets on a web page, click on the region labeled "Missing plug-in" to go download the latest version of the Java applet plug-in from Oracle.
This update also removes the Java Preferences application, which is no longer required to configure applet settings."
This update is Apple's response to recent Java vulnerabilities, one of which directly affected employees at 1 Infinite Loop.
Steve Jobs' prank call to Starbucks — On January 4, 2007, several thousand people in the audience at Moscone West saw Steve Jobs unveil the iPhone to the world. Jobs demonstrated Google Maps integration by searching for a Starbucks, finding a local store and then calling and ordering 4000 lattes to go, the entire audience went wild. That prank call will probably go down in history as one of the more famous ones ever made, and Fast Company has tracked down the barista who took the call to get her comments on that groundbreaking latte order: and Ying Hang "Hannah" Zhang is still a barista at the same Starbucks.
Matt Groening of The Simpsons once made Apple posters — Several offbeat illustrations for Apple were created by him in the late ’80s. According to Linus Edwards of VintageZen, Groening has never publicly spoken about the ads, but images of the works are still floating around the internet.
Nikon Coolpix M compacts with a large sensor — Now, it has made its proper mirrorless effort, a 16.2 DX (read: APS-C) sensor inside a tiny body, with a fixed ƒ2.8 18.5mm (28mm equivalent) lens. Here's Cult of Mac's review.
Clean My Mac updated — MacPaw has announced Clean My Mac 2, a free update for owners of the first version, despite it being an entirely rewritten and redesigned product. The new version features 8 cleaning modules, so you can pick and choose what needs cleaning.
