Apple Crisp: Jobs Gyrates at MacWorld as the Core Rots
Wall Street needed a good reason to be excited about Apple (AAPL) after the computer maker's sales warning last night. Unfortunately for the company, nothing of the sort is coming out of its semiannual MacWorld exposition in New York.
As always, the buzz preceding the trade show was abundant, focusing this time on the possibility of some exciting new hardware product announcements: a handheld device, a gigahertz G4 processor, a new line of flat-panel iMacs.
Sorry. Steve Jobs opened his keynote speech by introducing 45 minutes' worth of presentations by applications developers from companies like Adobe, Quark, FileMaker and IBM. Jobs then unveiled OS X 10.1, the fifth facelift for the company's new operating system since its release early this year, and its first substantial upgrade. The new system offers a number of modest improvements, including DVD playback and better networking capabilities.
Apple showing some signs
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV