Apple Corporate

Apple apologizes for Baby Shaker

Updated at 3:00 p.m. PT with word from Sikalosoft.

Apple issued a statement Thursday apologizing for allowing the Baby Shaker application onto the App Store.

Just hours before the App Store offers up its 1 billionth download, Apple was forced to acknowledge that perhaps the most notorious iPhone application ever constructed was "deeply offensive" and a "mistake." Baby Shaker appeared on the App Store Monday, and was pulled Wednesday after a media frenzy grew following the discovery of the application by the founder of a shaken baby syndrome foundation.

Apple's statement follows in … Read more

Report: Apple's Jobs maintained stock-option ignorance

Apple CEO Steve Jobs maintained that he was unaware of the accounting implications of stock-option backdating during his deposition last year with the Securities and Exchange Commission, according to a transcript of the interview.

Forbes managed to obtain the document after a Freedom of Information Act ruling in its favor, and has published a story examining the transcript. Apple and Jobs were the subject of an investigation after the company determined that two stock-option awards given to Jobs and other Apple executives were improperly backdated, and that minutes of a meeting were falsified by Nancy Heinen, Apple's general counsel … Read more

Apple soars during economic gloom

Updated at 1:55 p.m. PT with additional details, and at 3:20 p.m. with further details from the conference call.

Apple blew away expectations for its second fiscal quarter, reporting revenue and net income far beyond what the Wall Street community was expecting amid a poor economy.

For the period ended March 28, Apple recorded $8.16 billion in revenue, up from $7.5 billion in revenue during the same period last year. Net profit was $1.21 billion, or earnings per share of $1.33. Analysts had been expecting revenue of $7.96 billion and earnings … Read more

Apple's recession report card arrives Wednesday

Correction: This post initially misstated Apple's revenue guidance for the quarter. The midpoint of the range was $7.8 billion.

Does Apple have one more earnings surprise up its sleeve?

This week will supply a telling sign of the tech industry's economic health. Intel hinted last week that the worst was over, while Google was more cautious. Now, all eyes will be on reports from a parade of tech bellwethers--including Microsoft, Yahoo, Amazon, and IBM--for signs that the tech economy is indeed on the road to recovery.

But Apple's earnings announcement Wednesday may be the most closely … Read more

Report: Ballmer disses on Apple

What's the difference between a Mac and a PC?

According to comments reportedly made by Microsoft CEO Steve Ballmer: $500 and a logo.

Ballmer, according to a report in TechFlash, issued his fighting words during his keynote speech at Media Summit 2009 in New York.

When asked about Apple's market share growth in computers, Ballmer reportedly responded with a barb to his competitor, according to TechFlash:

Apple gained about one point, but now I think the tide has really turned back the other direction.

The economy is helpful. Paying an extra $500 for a computer in this environment … Read more

What iPhone OS 3.0 promises users and developers

Last year, Apple set itself apart from the mobile computing world with the release of the iPhone OS 2.0. This year, Apple won't make quite such a leap forward, but neither will it lose any ground to increased competition.

When it arrives this summer, Apple's third generation of the iPhone operating system will correct some of the most glaring omissions to date. These include the lack of background processing, any kind of system-wide search, and yes, copy and paste. In case you missed the live blog, check out some of the highlights of Apple's presentation Tuesday.… Read more

Companies find ways to launch iPhone apps at SXSW

AUSTIN, Texas--Given that you can't walk more than a couple feet at the South by Southwest Interactive (SXSWi) festival here without stumbling into someone tapping away on one iPhone application or another, it's easy to forget that just a year ago, there was no such thing as an official iPhone "app."

But now, of course, iPhone apps are one of the hottest technology segments of all. And since SXSWi is ground zero for cutting edge social media and the people who are often the earliest adopters of such technology, a series of companies have used the … Read more

Reports untrue: Steve Jobs did not appear at Disney meeting

Just to get this out of the way up front, Apple CEO Steve Jobs did NOT make an appearance earlier Tuesday at Disney's annual shareholder meeting.

Marketwatch's RealTime Headlines section reported Tuesday that Jobs did show up at Disney's meeting--which would have marked his first public appearance since announcing a six-month medical leave of absence--and the Internet was off to the races. ZDNet's Sam Diaz captured screengrabs of the original headlines here. Marketwatch did not correct its headline for over an hour, posting the headline at 1:12 p.m. EDT and not posting a correction … Read more

Sources confirm Apple laid off salespeople last week

Despite public statements to the contrary, Apple did lay off around 50 enterprise salespeople last week, CNET News has learned.

Sources who wished to remain anonymous for fear of reprisal confirmed reports by Valleywag and 9to5Mac.com that roughly 50 salespeople were let go by the company for "business and economic reasons," according to one source. An entire sales group based in Austin, Texas, was let go as well as workers in Cupertino, Calif., where Apple is headquartered. Those affected were given severance packages and the opportunity to apply for other jobs inside Apple.

Apple spokesman Steve Dowling, … Read more