Welcome!

Microservices Expo Authors: Elizabeth White, Pat Romanski, Liz McMillan, Yeshim Deniz, Zakia Bouachraoui

Related Topics: Microservices Expo, Open Source Cloud

Microservices Expo: Article

Feds Poke Around Apple

The SEC, which is known to be sensitive about forged documents, has reportedly started poking around Apple

Despite Apple's attempts to make it all go away, the SEC, which is known to be sensitive about forged documents, has reportedly started poking around Apple and that imaginary October 19, 2001 board meeting that voted Steve Jobs options on 7.5 million backdated shares in Apple.

And at the weekend there were media reports that US Attorney Kevin Ryan had opened a criminal investigation of Apple, particularly the 2001 episode.

According to the Wall Street Journal, Wendy Howell, a lawyer Apple fired last month, is supposed to be claiming through her lawyer that she was ordered to create the bogus boardroom minutes by former Apple general counsel Nancy Heinen, who left Apple last May. Ms. Heinen's attorney has denied it to the press.

Apple, which admitted Jobs picked "favorable dates," has absolved him of any wrongdoing, but the government's investigators may come to a different conclusion especially since he signed a disclosure statement attesting to the phonied-up date and price.

Despite the threat to Jobs' continued leadership - and the fact that he would be fired if he were anyone else - Apple continues to trade at record levels.

Well, some of its advances were peeled back Wednesday night and Thursday after it returned a hysterically successful quarter - vastly exceeding expectations - including its own very modest projections. It earned a billion dollars - its first billion-dollar quarter - or $1.14 a share, up 78% year-over-year, on record revenue of $7.1 billion, up 24%.

For its pains its stock lost $5.88, a bit over 6%.

It said it shipped 1.6 million Macs in the December quarter, up 28%, three times faster than the PC market, but not that many all told, and 21 million iPods, up 50%. Apple said 42% of its revenue came from overseas, and close to 50% of its revenues, or over $3.4 billion, came from iPods.

Well, no wonder Apple, whose new Apple TV may be a sleeper, changed its name from Apple Computer to just plain Apple.

Since iPods sales the Christmas before were up 207% (but only 14 million units) and 525% the Christmas before that, observers are, well, observing that Apple really, really, really needs the so-called iPhone to keep its ascent ascending - hence the worry about how many people will buy a $500-$600 fashion accessory - a price point Microsoft CEO Steve Ballmer has publicly laughed at - that, as Ballmer said, won't appeal to business because it doesn't have a keyboard from a company with no experience in the cutthroat telephone business.

Microsoft ain't the marketeer Apple is, but tell that to its bank manager.

Again being conservative - well, presumably at any rate - Apple forecast revenues of $4.8 billion-$4.9 billion this quarter - at least $300 million under Wall Street expectations.

More Stories By Open Source News

Enterprise Open Source News Desk trawls the fast-growing world of Professional Open Source for business-relevant items of news, opinion, and insight.

Comments (1) View Comments

Share your thoughts on this story.

Add your comment
You must be signed in to add a comment. Sign-in | Register

In accordance with our Comment Policy, we encourage comments that are on topic, relevant and to-the-point. We will remove comments that include profanity, personal attacks, racial slurs, threats of violence, or other inappropriate material that violates our Terms and Conditions, and will block users who make repeated violations. We ask all readers to expect diversity of opinion and to treat one another with dignity and respect.


Most Recent Comments
Open Source News 01/21/07 03:50:37 PM EST

Despite Apple's attempts to make it all go away, the SEC, which is known to be sensitive about forged documents, has reportedly started poking around Apple and that imaginary October 19, 2001 board meeting that voted Steve Jobs options on 7.5 million backdated shares in Apple. And at the weekend there were media reports that US Attorney Kevin Ryan had opened a criminal investigation of Apple, particularly the 2001 episode. According to the Wall Street Journal, Wendy Howell, a lawyer Apple fired last month, is supposed to be claiming through her lawyer that she was ordered to create the bogus boardroom minutes by former Apple general counsel Nancy Heinen, who left Apple last May. Ms. Heinen's attorney has denied it to the press.

Microservices Articles
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
In his session at 20th Cloud Expo, Scott Davis, CTO of Embotics, discussed how automation can provide the dynamic management required to cost-effectively deliver microservices and container solutions at scale. He also discussed how flexible automation is the key to effectively bridging and seamlessly coordinating both IT and developer needs for component orchestration across disparate clouds – an increasingly important requirement at today’s multi-cloud enterprise.
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
Discussions of cloud computing have evolved in recent years from a focus on specific types of cloud, to a world of hybrid cloud, and to a world dominated by the APIs that make today's multi-cloud environments and hybrid clouds possible. In this Power Panel at 17th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the importance of customers being able to use the specific technologies they need, through environments and ecosystems that expose their APIs to make true ...
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...