[MyAppleMenu] Sep 30, 2000

Sat Sep 30 21:05:01 EDT 2000

MyAppleMenu Newsletter

== AppleSurf (Top Stories) ==============

Apple Now A Delicious Buy? (Wired News)
<http://www.wired.com/news/business/0,1367,39165,00.html>
While some analysts scrambled to issue doom-and-gloom pronouncements, Apple boosters say that the expected January release of the Macintosh operating system, OS X, will bail out Apple's suddenly, seemingly sinking ship.

Apple's Trouble Comes From Within And Without (Gartner Viewpoint)
<http://news.cnet.com/news/0-1006-200-2895494.html?tag=st.ne.1430735..ni>
Much of Apple's success depends heavily on its ability to innovate. The forthcoming release of Mac OS X should help to restart its sales cycle; however, to succeed, Apple must continually innovate and give people a reason to upgrade.

Inside Apple's Warning Lurk More Serious Problems (CNET News.com)
<http://news.cnet.com/news/0-1006-200-2896322.html>
Although Apple has gained market share in the past two years, the company still sells a substantial number of systems to its existing customer base looking for a technology refresh. Because existing customers buy new products at a slower rate than companies churn them out, some analysts say, a slowdown was inevitable.

Apple Becomes Eighth Most-Traded Stock In U.S. History (Bloomberg News)
<http://news.cnet.com/news/0-1006-200-2897097.html>
Apple Computer posted the eighth-busiest day in history for a U.S. stock after the company said fiscal fourth-quarter profit will disappoint investors.

Apple Shares Still Down At Friday's Close (MacWEEK.com)
<http://macweek.zdnet.com/2000/09/24/0928earnings.html>
With Apple shares closing at $25.75, the company's market valuation is now half of what it was 24 hours earlier. The plunge fueled a general decline in tech stocks. Several analysts downgraded Apple from 'Buy' to 'Neutral'.

== AppleSurf (News) ==============

Soft Demand For Cube Bruises Apple (Upside)
<http://www.upside.com/Money/39d4d5da0.html>
"It's not time to write off this product. Maybe Apple just depended too heavily on the Cube in its revenue projections. Maybe they shot too high."

Is Apple Rotten? (Morningstar.com)
<http://biz.yahoo.com/ms/000929/2802.html>
This year's earnings shortfall looks far worse than last year's.

Is The Turnaround Over At Apple Computer? (Reuters)
<http://dailynews.yahoo.com/h/nm/20000929/tc/apple_reaction_dc_1.html>
"We are casting our vote that this problem is unique to Apple."

Apple Now A Delicious Buy? (Wired News)
<http://www.wired.com/news/business/0,1367,39165,00.html>
While some analysts scrambled to issue doom-and-gloom pronouncements, Apple boosters say that the expected January release of the Macintosh operating system, OS X, will bail out Apple's suddenly, seemingly sinking ship.

Hard Times Here Again For Tech (Wired News)
<http://www.wired.com/news/business/0,1367,39181,00.html>
Apple is not the only tech market that's hurting this week. Investors are shying away from PC shares as well. With all the bad fortune, is there any good news? Yup: The quarter is over.

More Signs That Apple May Open Stores (CNET News.com)
<http://news.cnet.com/news/0-1006-200-2895807.html?tag=st.ne.1430735..ni>
Gateway spokesman John Spelich said today that Apple has been looking to hire workers from Gateway's Country Store operation.

Inside Apple's Warning Lurk More Serious Problems (CNET News.com)
<http://news.cnet.com/news/0-1006-200-2896322.html>
Although Apple has gained market share in the past two years, the company still sells a substantial number of systems to its existing customer base looking for a technology refresh. Because existing customers buy new products at a slower rate than companies churn them out, some analysts say, a slowdown was inevitable.

Apple Becomes Eighth Most-Traded Stock In U.S. History (Bloomberg News)
<http://news.cnet.com/news/0-1006-200-2897097.html>
Apple Computer posted the eighth-busiest day in history for a U.S. stock after the company said fiscal fourth-quarter profit will disappoint investors.

Markets Bruised After Hectic Week Of Warnings (CNET News.com)
<http://news.cnet.com/news/0-1007-200-2894531.html>
The U.S markets received a major drubbing after an Apple Computer warning rekindled investor fears over lower corporate profits for the upcoming earnings season.

Apple Shares Still Down At Friday's Close (MacWEEK.com)
<http://macweek.zdnet.com/2000/09/24/0928earnings.html>
With Apple shares closing at $25.75, the company's market valuation is now half of what it was 24 hours earlier. The plunge fueled a general decline in tech stocks. Several analysts downgraded Apple from 'Buy' to 'Neutral'.

== AppleSurf (Opinions) ==============

Blame The Cube? (Low End Mac)
<http://www.lowendmac.com/musings/blame.html>
Apple stock tanked for one reason: investors panicked.

Apple Warns; Blames Soft Edu; Overall Sales And Disappointing Cube Sales (MacEdition)
<http://www.macedition.com/news/news_aapl_20000928.shtml>
The simplest answer is likely the most accurate: for the price, Apple's recent product revisions either were not compelling or not available.

Backseat Driver: The Sky's Not Falling (MacCentral)
<http://www.maccentral.com/news/0009/29.sky.shtml>
Now I'm not happy about the news. And I hope it will serve as a wakeup call to Apple, which has perhaps gotten a little overconfident in some ways -- But let's be realistic about the situation.

Apple's Trouble Comes From Within And Without (Gartner Viewpoint)
<http://news.cnet.com/news/0-1006-200-2895494.html?tag=st.ne.1430735..ni>
Much of Apple's success depends heavily on its ability to innovate. The forthcoming release of Mac OS X should help to restart its sales cycle; however, to succeed, Apple must continually innovate and give people a reason to upgrade.

Is Apple's Fairy Tale Over? (ZD Interactive Investor)
<http://macweek.zdnet.com/2000/09/24/0929zdiiapple.html>
Are Apple's September problems an indicator of overall PC demand, or are consumers growing weary of Apple?

== The Wintel Empire (News) ==============

Hard Times Here Again For Tech (Wired News)
<http://www.wired.com/news/business/0,1367,39181,00.html>
Apple is not the only tech market that's hurting this week. Investors are shying away from PC shares as well. With all the bad fortune, is there any good news? Yup: The quarter is over.

Microsoft Writes Off Calendar Service (CNET News.com)
<http://news.cnet.com/news/0-1005-200-2895020.html?tag=st.ne.1430735..ni>
Seventeen months after acquiring calendar service Jump Networks, Microsoft gave customers six weeks notice to vacate the Web site.

Pentium 4 Delay Will Have Little Impact On Marketplace (Meta Group)
<http://news.cnet.com/news/0-1003-201-2896305-0.html?tag=st.ne.1430735..sf>
The short delay now expected in the introduction of Intel's Pentium 4 processor may cost the company some December sales but is unlikely to have any strong effect in either the consumer or corporate PC markets.

== Breaking Barriers (Top Stories) ==============

Yahoo's Mail Service Fails To Deliver (CNET News.com)
<http://news.cnet.com/news/0-1005-200-2895404.html?tag=st.ne.1430735..ni>
Yahoo Mail suffered a one-two punch today as the free Web-based email site acknowledged it had been arbitrarily bouncing incoming messages and that its servers were on the blink.

== Breaking Barriers (News) ==============

Net Profit And Loss (Associated Press)
<http://abcnews.go.com/sections/tech/DailyNews/amazon000929.html>
With the virulent reaction of Internet-savvy customers, and Amazon.com’s rapid decision to drop the tests, those tempted to offer different prices to different customers online had better think twice.

Olympic Cheaters (Industry Standard)
<http://www.thestandard.com/article/display/0,1151,18985,00.html>
The International Olympics Committee found a few Internet pirates. But unauthorized Webcasts aren't the real problem.

Schmoozing Down The Dotcom Highway (ZDNet)
<http://www.zdnet.com/zdnn/stories/news/0,4586,2634888,00.html>
It's been a bumpy ride for Silicon Alley dotcommers, but they aren't completely disillusioned. Plenty are optimistic about future job opportunities.

Microsoft Writes Off Calendar Service (CNET News.com)
<http://news.cnet.com/news/0-1005-200-2895020.html?tag=st.ne.1430735..ni>
Seventeen months after acquiring calendar service Jump Networks, Microsoft gave customers six weeks notice to vacate the Web site.

Yahoo's Mail Service Fails To Deliver (CNET News.com)
<http://news.cnet.com/news/0-1005-200-2895404.html?tag=st.ne.1430735..ni>
Yahoo Mail suffered a one-two punch today as the free Web-based email site acknowledged it had been arbitrarily bouncing incoming messages and that its servers were on the blink.

== PenguinSurf (Top Stories) ==============

"Bluebird" Sings to Linux Seller Atipa (CNET News.com)
<http://news.cnet.com/news/0-1003-200-2895054.html?tag=st.ne.1430735..ni>
Linux computer seller Atipa has acquired PlatformWorks, a company developing open-source system management software.

== PenguinSurf (News) ==============

"Bluebird" Sings to Linux Seller Atipa (CNET News.com)
<http://news.cnet.com/news/0-1003-200-2895054.html?tag=st.ne.1430735..ni>
Linux computer seller Atipa has acquired PlatformWorks, a company developing open-source system management software.

== SingaporeSurf (Top Stories) ==============

Restricted Films No More A Turn-On? (Straits Times)
<http://straitstimes.asia1.com.sg/life/life1_0930.html>
The industry buzz is that Restricted (Artistic) movie attendance rates have indeed dipped disturbingly. We explore the reasons for R(A)'s lagging libido.

== SingaporeSurf (News) ==============

Where Is The Egalitarian Spirit Of S21? (Straits Times)
<http://straitstimes.asia1.com.sg/forum/for3_0930.html>
Chew Yong Jack: When people are judged by their profession, some seem to matter more than others.

== SingaporeSurf (Technology) ==============

Free Music And Movies Up For Grabs Over The Net (Straits Times)
<http://straitstimes.asia1.com.sg/cybernews/cyber1_0930.html>
New breed of companies which offers chart hits or hit TV series gratis doesn't want to sell surfers anything; members survive on ad revenue.

WizOffice Shares Make Dismal Debut (Straits Times)
<http://straitstimes.asia1.com.sg/money/sinb1_0930.html>
The e-commerce service provider closes at 14 cents, marking a 30% discount to the 20-cent issue price.

== SingaporeSurf (Entertainment) ==============

Restricted Films No More A Turn-On? (Straits Times)
<http://straitstimes.asia1.com.sg/life/life1_0930.html>
The industry buzz is that Restricted (Artistic) movie attendance rates have indeed dipped disturbingly. We explore the reasons for R(A)'s lagging libido.