DIRS.INFO The most relevant business & tech news

☆ A 1983 Apple business card signed by Steve Jobs just sold for $181,183
▼ + stars: | 2024-03-23 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

A business card with Steve Jobs' signature sold for $181,183 in an auction on Thursday. A 1983 "Apple Computer," business card signed in black ink by Steve Jobs sold for $181,183 on Thursday, according to RR Auction. The Apple founder's business card sold for $181,183. RR AuctionThe off-white business card was listed as the "extremely rare, perfectly graded Steve Jobs-signed Apple Computer business card from circa 1983." Related storiesRR Auction has previously auctioned 10 Steve Jobs business cards, with only one dating back to 1983.

Persons: Steve Jobs, —, Mike Graff, Steven Jobs, Bobby Livingston, Jobs, Stephen Hawking, Steve Wozniak, Ronald Wayne, Eduardo Cisneros Organizations: Apple, Service, Apple Computer, Macintosh Factory, Pirates, Jobs, Apple Computer Corporation Locations: Caribbean

☆ The first Apple computer you can buy directly from Walmart is a $700 MacBook Air
▼ + stars: | 2024-03-15 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +1 min

Walmart is selling Macs directly for the first time, starting at $700 for a MacBook Air. The MacBook Air with an M1 chip is arriving after Apple revamped its laptop lineup. AdvertisementFor the first time, Walmart is selling Apple laptops directly, with the MacBook Air (with an M1 chip) available at a cool $700. AdvertisementAs a result, Apple discontinued its M1 MacBook Air — the one arriving at Walmart. Walmart has previously sold Apple products — including iPhones, iPads, and Apple Watches — but never Macs.

Persons: —, Julie Barber Organizations: Walmart, MacBook Air, Apple, Service, MacBook, Air

☆ You almost never saw the most famous Super Bowl ad of all time
▼ + stars: | 2024-02-12 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —The most famous – and arguably the best – Super Bowl ad in history, the Apple “1984” ad, was nearly killed by the company for whom it was made. But Apple’s board of directors hated the 1984 ad, according to some of the ad executives who worked on the campaign. They hated it so much, in fact, that they ordered the agency that made it, Chiat/Day, to sell off the time they had already purchased on that year’s Super Bowl, rather than run the ad. He said it also changed the way that companies thought about Super Bowl ads in the 40 years since it aired. Chiat/Day, the agency that created the ad people are still talking about 40 years later, was fired by Apple soon afterward.

Persons: ”, ’, it’s, Lee Clow, Steve Jobs, Steve, ‘, ’ ” Clow, “, Jobs, John Scully, ” Clow, ” Apple, Clow, Frazer Harrison, Marcus Collins, ’ ”, Ridley Scott, Scott, Scully Organizations: New, New York CNN, Apple, Apple Computer, Global, Getty, University of Michigan, Super, Pepsico Locations: New York

☆ Jim Cramer says chip designer Arm Holdings up more than 55% is still a buy. Here's why
▼ + stars: | 2024-02-08 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

PayPal : Shares tumbled 10% Thursday after the financial technology company issued earnings guidance that came up short of Wall Street expectations. PayPal is in the midst of a turnaround plan, but it appears the progress may come slower than expected, Jim Cramer said Thursday. Arm Holdings : Shares surged more than 55% following a better-than-expected December quarter and strong sales and profit guidance for its current three-month period. The rise of GLP-1 weight-loss drugs from Eli Lilly , a longtime Investing Club holding, and Novo Nordisk remains something to watch for food companies like Kellanova, Jim said. "If you really do believe GLP-1s are going to be universal, then there will be less of their product bought," Jim said.

Persons: Jim Cramer, Jim, Ralph Lauren, Hershey, Eli Lilly Organizations: PayPal, Apple, CNBC Investing Club, Nvidia, Amazon, Hershey, Kellogg, Club, Novo Nordisk Locations: U.S, China, Novo

☆ A 1976 check signed by Steve Jobs to Radio Shack is set to fetch more than $20,000 at an auction
▼ + stars: | 2023-12-05 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +2 min

A 1976 check to Radio Shack signed by Steve Jobs is expected to sell for more than $20,000. Radio Shack is intertwined with Apple's creation story, per Jobs' biography. AdvertisementA check signed by Steve Jobs to Radio Shack for $4.01 is set to fetch more than $20,000 at an auction. Apple was founded in April 1976, about three months before this check was signed by Jobs as Steven, rather than Steve. Another check for $175 signed by Jobs was sold by RR Auction for more than $100,000 in May.

Persons: Steve Jobs, Jobs, —, Steven, Steve Wozniak, Wozniak, Walter Isaacson Organizations: Radio Shack, Service, Apple, Apple Computer Company, Jobs, Shack

☆ A jazz critic missed out on a $6 million fortune by selling his Apple stock for about 1/700 of its value today
▼ + stars: | 2023-11-21 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Ted Gioia made a $6 million error when he cashed in his Apple stock about 25 years ago. The jazz critic bought 300 shares in the 1980s that would have been worth $6.4 million today. AdvertisementA management consultant turned jazz critic made a $6 million mistake when he sold Apple stock about 25 years ago. Gioia purchased 300 Apple shares, paying only a little above the company's IPO price. "Without Jobs, Apple failed every time it tried something new, for example the Newton handheld device, which was a huge disaster—and almost a joke," Gioia continued.

Persons: Ted Gioia, —, Gioia, Apple, Steve Jobs, Jobs, Tim Cook, Cook Organizations: Apple, Service, Stanford, Boston Consulting Group, Newton, McKinsey

☆ Apple co-founder Wozniak suffers possible stroke in Mexico -local media
▼ + stars: | 2023-11-09 | by ( ) www.reuters.com time to read: +2 min

Steve Wozniak, co-founder of Apple, talks to people during a launch event in Cupertino, California, U.S., September 12, 2017. REUTERS/Stephen Lam/File Photo Acquire Licensing RightsMEXICO CITY, Nov 8 (Reuters) - Apple co-founder Steve Wozniak was hospitalized in Mexico City on Wednesday due to a possible stroke, Mexican media outlets reported, but a TMZ report citing sources suggested the illness was potentially a less serious bout of vertigo. Event organizers did not immediately respond to a request for comment. U.S. media outlet TMZ, citing sources with direct knowledge, reported that Wozniak finished his speech but then told his wife he was "feeling strange". Individuals affiliated with Wozniak's website woz.org did not immediately respond to a request for comment.

Persons: Steve Wozniak, Stephen Lam, Wozniak, Steve Jobs, woz.org, Anthony Esposito, Valentine Hilaire, Daniel Trotta, David Alire Garcia, Shri Navaratnam Organizations: Apple, REUTERS, MEXICO CITY, Reuters, TMZ, Apple Computer, Thomson Locations: Cupertino , California, U.S, MEXICO, Mexico City, Mexican, Santa Fe, California

☆ MicroStrategy stock is up 250% this year. Michael Saylor says bitcoin allows his firm to compete with giants like the Magnificent 7 for investors' attention.
▼ + stars: | 2023-11-09 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Founder Michael Saylor explained how bitcoin has helped the company's stock compete with Big Tech giants. He said spot bitcoin ETFs and the 2024 halving event will push the token's price higher. If you're going to keep up with the Magnificent Seven you're going to have to grow your revenues and cash flows at 20% a year or faster ad infinitum," Saylor said in a Fox Business interview earlier this week. "There's seven companies that generate all the shareholder returns. Bitcoin has rallied sharply in 2023 but can push even higher once regulators approve financial firms' bitcoin spot ETF products, in Saylor's view.

Persons: Michael Saylor, bitcoin, —, MicroStrategy, Saylor, It's, Bitcoin Organizations: Big Tech, Service, Apple, Microsoft, Fox, Google, Apple Computer, Bloomberg Intelligence

☆ What to expect from Apple’s ‘scary fast’ event
▼ + stars: | 2023-10-29 | by ( Samantha Kelly | ) edition.cnn.com time to read: +3 min

CNN —Apple is set to host its second product event of the season, a month after introducing its new iPhone 15 lineup. Some analysts said the decision to hold an evening event may underline the fact that this likely won’t be one of Apple’s bigger announcements of the year. The event’s tagline — “scary fast” — is an apparent nod to the likely unveiling of its next-generation silicon chip, M3, as well as Halloween. Over the past several years, the progression of Apple Silicon — the company’s custom-made silicon chip — has emerged as a significant storyline for Apple, culminating in the transition away from Intel chips. This year, the company is expected to bring its M3 chip to a 24-inch iMac and perhaps some MacBook Pro models in various sizes.

Persons: ”, Ben Wood, ” Wood, Apple, David McQueen, ” It’s Organizations: CNN, Apple, Mac, Intel, CCS Insight, Silicon, IDC Research, ABI Research

Arm kicked off its roadshow in Baltimore, where influential asset manager T Rowe Price is headquartered, underscoring the fund manager's significance in big IPOs. Arm disclosed the proposed range would value it at between $48 billion and $52 billion. The valuation that Arm is chasing represents a climb-down from the $64 billion valuation at which SoftBank last month acquired the 25% stake it did not already own in the company from its $100 billion Vision Fund. Jamie Mills O’Brien, portfolio manager at British fund manager Abrdn, said he found SoftBank's valuation ask in the IPO "more palatable than initially discussed." Unlike most loss-making but high-growth tech companies that debut with lofty valuations but later plummet below list price, Arm is profitable.

Persons: Group's, T Rowe Price, SoftBank, Jamie Mills O’Brien, Abrdn, Arm, Dado Ruvic, Sara Russo, Bernstein, Goldman Sachs, JPMorgan Chase, Manya Saini, Pablo Mayo, Arun Koyyur, Nick Zieminski Organizations: Arm Holdings, Rivian Automotive Inc, Sands, Cambridge, Vision, Nvidia Corp, Apple, Nvidia, Devices, Intel, Samsung Electronics, REUTERS, Acorn Computers, Apple Computer, VLSI Technology, London Stock Exchange, Nasdaq, SoftBank, Inc, Reuters, Barclays, JPMorgan, Mizuho Financial Group, underwriters, Pablo Mayo Cerqueiro, Thomson Locations: Baltimore, Arlington , Virginia, England, China, United States, Bengaluru, London, Lincoln

☆ SoftBank's Arm aims for over $52 bln valuation in biggest US IPO of the year
▼ + stars: | 2023-09-05 | by ( Manya Saini | Thomson Reuters | Manya Saini Reports On Prominent Publicly Listed U.S. Financial Firms Including Wall Street S Biggest Banks | ) www.reuters.com time to read: +5 min

The valuation that Arm is chasing now represents a climb-down from the $64 billion valuation at which SoftBank last month acquired the 25% stake it did not already own in the company from its $100 billion Vision Fund. Jamie Mills O’Brien, portfolio manager at British fund manager Abrdn, said he found SoftBank's valuation ask in the IPO "more palatable than initially discussed." REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing RightsReuters first reported on SoftBank's proposed price range for the IPO on Saturday. If the underwriters exercise their right to buy shares in Arm in full as part of 'greenshoe option', it would take the IPO amount to be raised to $5.2 billion. Arm expects to trade on the Nasdaq Global Select Market under the symbol "ARM".

Persons: Group's, SoftBank, Jamie Mills O’Brien, Abrdn, Kim Kyung, Sara Russo, Bernstein, Goldman Sachs, JPMorgan Chase, Manya Saini, Pablo Mayo, Arun Koyyur, Nick Zieminski Organizations: Vision, Nvidia Corp, Apple, Nvidia, Devices, Intel, Samsung Electronics, REUTERS, Rights Reuters, Acorn Computers, Apple Computer, VLSI Technology, London Stock Exchange, Nasdaq, SoftBank, Barclays, JPMorgan, Mizuho Financial Group, underwriters, Pablo Mayo Cerqueiro, Thomson Locations: United Kingdom, China, United States, New York, Tokyo, Japan, Bengaluru, London

☆ Apple execs lose bid to block testimony at Google antitrust trial
▼ + stars: | 2023-09-05 | by ( ) www.cnbc.com time to read: +3 min

Three senior Apple executives have lost their bid to stop the U.S. Justice Department from calling them as witnesses in the government's upcoming trial accusing Alphabet's Google of abusing its search power. Cue oversees Apple Music, Apple TV and other services. The Justice Department declined to comment. Google and its lawyers have denied any wrongdoing in the case, one of two Justice Department antitrust lawsuits against Google. The case is United States v. Google, U.S. District Court for the District of Columbia, No.

Persons: Alphabet's, Eduardo Cue, John Giannandrea, Adrian Perica —, Judge Amit Mehta, Perica, John Schmidtlein, Mehta, Apple Organizations: Apple Computers, Apple, U.S . Justice, Washington , D.C, U.S, Companies, Cue, Apple Music, Google, Justice Department, District of Columbia, APM Locations: Silicon Valley, Cupertino , California, Washington ,, Mehta's court, United States, U.S

Arm's stock market launch is expected to bring back to life a lackluster IPO market, which has over the last year seen several high-profile startups postpone their listing plans due to market volatility. Arm said that more than 50% of its royalty revenue for the most recent fiscal year came from smartphones and consumer electronics. The company, whose chip technology powers most smartphones including iPhones, did not reveal the number of shares it is planning to sell and the valuation it will seek. Arm makes money from upfront licensing fees for technology and then a royalty paid on each chip sold by Arm's customers. Arm's chip designs dominate the smartphone industry, but they are also used in laptops made by Apple (AAPL.O) and some Windows machines.

Persons: Dado Ruvic, SoftBank, Arm, Goldman Sachs, JPMorgan Chase, Manya Saini, Jaiveer, Stephen Nellis, Max Cherney, Echo Wang, Anirban Sen, Stephen Coates Organizations: REUTERS, Arm Holdings, Research, Reuters, Vision Fund, SECOND, Acorn Computers, Apple Inc, Apple Computer, VLSI Technology, London Stock Exchange, Nasdaq, Nvidia Corp, Apple, Nvidia, U.S, Barclays Plc, JPMorgan, Mizuho Financial Group, underwriters, Thomson Locations: U.S, Saudi, China, Arm China, Bengaluru, San Francisco, New York

☆ This chart shows how exposed each of our 35 stocks is to China's struggling economy
▼ + stars: | 2023-08-15 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

The chart below is meant to provide a high level view of the revenue exposure each of the 35 companies in our portfolio has to the world's second-largest economy. First, a couple caveats: Our energy exploration and production stocks Coterra Energy (CTRA) and Pioneer Natural Resources (PXD) screen as having zero revenue exposure outside of the United States. Nvidia (NVDA) is another stock where the direct revenue exposure can be misleading. That makes the 60% revenue exposure to the Asia-Pacific region more concerning, even as mainland China realized organic sales growth during the quarter. As a result, total sales, services sales and wearables, home and accessories sales all set June quarter records in Greater China.

Persons: Estee Lauder, WYNN, Estee Lauder We're, wouldn't, Jim Cramer's, Jim Cramer, Jim Organizations: Coterra Energy, Natural Resources, Nvidia, Devices, AMD, Apple, Wynn Resorts, Wynn, Macau, Starbucks, Management, Jim Cramer's Charitable, CNBC, Vcg, Visual China, Getty Locations: China, Asia, Pacific, Taiwan, Macau, United States, U.S, Japan, Greater China, India, Jiangxi Province

☆ These vintage Apple sneakers with the rainbow logo originally made for employees can be yours — if you have $50,000
▼ + stars: | 2023-07-26 | by ( Haley Tenore | ) www.businessinsider.com time to read: +3 min

The shoes, which are white and feature a vintage rainbow Apple logo, are listed for $50,000. A pair of vintage Apple sneakers are on sale, but they cost more than what some people make in a year. Sotheby'sThe white sneakers have a rainbow Apple logo on the tongue and on the sides. Many of these items were decorated with the rainbow Apple logo, along with other bold, kitschy designs, reminiscent of the time period. There was also the vintage Apple letterman jacket, a retro black jacket with brown sleeves that featured the rainbow logo.

Persons: Sotheby's, it's, Drake, Justin Sullivan, Hermes Organizations: Morning, Omega Sports Apple Computer, Apple, BBC, Apple Music, eBay Locations: Cupertino , California, California

☆ Inside the Morgan Stanley team on the hunt for more partners like OpenAI that can grow into crucial tech buildouts
▼ + stars: | 2023-07-21 | by ( Bianca Chan | ) www.businessinsider.com time to read: +6 min

Morgan Stanley wants more partnerships with tech vendors focused on cloud, data, and AI. Two years before OpenAI ballooned into the artificial intelligence juggernaut it is today, Sean Manahan's team at Morgan Stanley met with what was then an up-and-coming research nonprofit. For its part, Morgan Stanley is capitalizing on its ties with OpenAI to supercharge the bank's lucrative wealth-management business. Morgan Stanley's tech strategy is about 80% buy to 20% building tech inhouse and the pipeline of tech vendors has exploded. Morgan Stanley, like every other finance firm on the Street, has also moved to the cloud.

Persons: Morgan Stanley, Sean Manahan, OpenAI, Sean Manahan's, OpenAI's ChatGPT, Manahan, he's, Morgan Stanley's, it's, fintechs, They're, VCs, Morgan Organizations: Stanford, Microsoft, Investors, Amazon Web Services, Google, Apple

☆ Nvidia's founders came up their trillion-dollar idea while spending hours drinking Denny's coffee and eating Grand Slam breakfasts: 'We were not good customers'
▼ + stars: | 2023-06-01 | by ( Grace Mayer | ) www.businessinsider.com time to read: +2 min

Nvidia's cofounders told WSJ they came up with the idea for the company over breakfast at Denny's. The company, worth $1 trillion, makes graphics cards for gaming and chips that power AI tech. Nvidia with well-positioned to profit off the AI arms race, Insider previously reported. "We were not good customers," Nvidia cofounder Chris Malachowsky told the Journal. You can read more about Nvidia's founding over at The Wall Street Journal.

Persons: Nvidia's cofounders, Nvidia cofounders Jensen Huang, Chris Malachowsky, Curtis Priem, Huang, Alan Diaz, Bard, Matthew Fox, Mark Zuckerberg's, Steve Jobs, Steve Wozniak Organizations: Nvidia, Morning, Wall Street, WPP, Facebook, Mark Zuckerberg's Harvard, Apple, Jobs Locations: San Jose , California

☆ Artificial Intelligence in the Garden of Eden
▼ + stars: | 2023-04-21 | by ( Peggy Noonan | ) www.wsj.com time to read: +1 min

I took my grade-school son, enthralled by Apple computers, to see Steve Jobs speak at a raucous convention in New York almost a quarter-century ago. Which made me think of Adam and Eve in the garden, Adam and Eve and the fall, at the beginning of the world. God told them not to eat the fruit of the tree, but the serpent told Eve no harm would come if she did, that she’d become like God, knowing all. When God rebuked them, Adam blamed Eve and Eve blamed the serpent. They were banished from the garden into the broken world we inhabit.

MUMBAI, April 18 (Reuters) - About 300 people queued at Apple's (AAPL.O) store in Mumbai on Tuesday, as fans took selfies with Chief Executive Tim Cook, who inaugurated the first retail store run by the tech giant in India, underscoring the importance of its market. "We are so excited to open ... our first store in India." People flocked to the store from across India, hoping to be among the first to enter, in an opening event featuring local music and folk dancers. Some queued outside from the previous night to get their hands on Apple products, even though they are available online in India. [1/8] Apple CEO Tim Cook interacts with people as Deirdre O'Brien, Apple's senior vice president of Retail and People looks on, during the inauguration of India's first Apple retail store in Mumbai, India, April 18, 2023.

☆ Former Apple Computer CEO Lists Reno Mansion for $10.75 Million
▼ + stars: | 2023-04-15 | by ( Libertina Brandt | ) www.wsj.com time to read: 1 min

Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. Gil Amelio, an entrepreneur who briefly served as the CEO of Apple Computer in the 1990s, is listing his home in Reno, Nev., for $10.75 million.

☆ Demand for Apple computers has dropped 40% since last year
▼ + stars: | 2023-04-10 | by ( Will Gendron | ) www.businessinsider.com time to read: +2 min

A recent International Data Corporation report outlined global PC shipment data from Q1 of this year. Demand has dropped across the industry, with a 29% decrease compared to last year. Apple, in particular, has suffered from a 40.5% drop off in demand for its computers. Among the five biggest manufacturers, Apple was impacted the most: The number of Apple PCs shipped dropped 40.5% from the first quarter of 2022 to the first quarter of 2023. Global shipments include shipments to end users and distribution channels, like BestBuy and other electronics retailers.

☆ Apple has hidden a bitcoin manifesto in every Mac since 2018, says a tech blogger who discovered it by accident
▼ + stars: | 2023-04-06 | by ( Phil Rosen | ) www.businessinsider.com time to read: +2 min

Technologist Andy Baio wrote in an April 5 blog post that he found a PDF of the original bitcoin white paper on his Macbook. He said Apple has seemingly hid the original crypto manifesto in "every copy of macOS since Mojave in 2018." Baio shared how any users could locate the manifesto on their own Apple computers. Baio couldn't figure out why, of all documents, the original bitcoin manifesto was chosen to be included in Apple's operating system. As for token itself, bitcoin is hovering around $27,925 on Thursday, and has rallied 68% so far in 2023.

☆ Kellogg is giving its Pringles and Cheez-It business a new name with classical Latin twist. It's the latest company name to incorporate the 'dead' language.
▼ + stars: | 2023-03-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Kellogg is renaming its snack business "Kellanova" — a combo of Kellogg and a Latin word for "new." Kellogg is naming its snacking division "Kellanova," the latest step in breaking up the company, it said on Wednesday. The name draws inspiration from the Kellogg name and a common Latin word, Kellogg CEO Steve Cahillane said in a statement. Etsy and Mondelez are among other companies with Latin namesKellanova is hardly the first company rebrand to draw inspiration from Latin. Before that, cigarette maker Philip Morris said it would change its name to "Altria" in an allusion to the Latin word for "high," the Journal reported in 2001.

☆ A treasure trove of over 500 retro Apple products is being auctioned off from one of the biggest collections in the world
▼ + stars: | 2023-02-27 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +1 min

Over 500 Apple computers and products that span from 1977 to 2008 are going to auction next month. The collection, one of the biggest in the world, is called "The Hanspeter Luzi Vintage Apple Archive," and belonged to Swiss Apple collector Hanspeter Luzi. Steve Jobs (left), John Sculley (center), and Steve Wozniak unveil the new Apple II computer in San Francisco in 1984. As a teacher, Luzi used computers as a teaching aid for his students. Before starting his Apple collection, Luzi collected vintage sewing machines that became the foundation for the Sammlung Albrecht Mey sewing machine museum in Germany.

☆ Tesla owners reveal the best and worst features of their cars, and what they really think of Elon Musk
▼ + stars: | 2023-02-11 | by ( Tim Levin | ) www.businessinsider.com time to read: +7 min

Insider spoke with more than a dozen Tesla owners to learn what they like most and least about their cars. We talked to more than a dozen Tesla owners to find out what they like most about their cars — and what they think needs improvement. Since electric cars don't experience the same acceleration lag as gas vehicles, Teslas jolt forward the instant you put your foot down. Con: Stiff rideSome Model 3 and Y owners told Insider their cars are too stiff and jittery over bumpy pavement. Tim Levin/InsiderOver and over, Tesla owners praised the company's extensive network of fast chargers, which is exclusive to Tesla owners in the US.

Search resuls for: "Apple Computer"

25 mentions found