Recent Articles By Jeff Gamet [RSS]

Microsoft Cutting 18,000 Jobs, Biggest Layoff in Company History

9:56 AM, Jul. 17th, 2014 · Jeff Gamet · News

Microsoft CEO Satya Nadella confirmed on Thursday that he's planning massive layoffs amounting to the biggest in the company's history. About 18,000 employees will get pink slips over the next year and the majority of those will come from staff that was absorbed from its purchase of Nokia's handset division.

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A 15 percent workforce reduction is pretty big. Mr. Nadella seems to really want to see serious change at Microsoft now that he's in charge.

Blue’s Mikey Digital for iPhone gets Lightning Connector

8:54 AM, Jul. 17th, 2014 · Jeff Gamet · Product News

Blue announced the immediate availability of a Lightning connector version of its popular Mikey Digital microphone for the iPhone, iPad, and iPod touch on Thursday. Like its 30-pin Dock Connector predecessor, the Lightning Mikey Digital lets users capture higher quality audio compared to their iPhone or iPad's built-in microphone.

Apple Agrees to $400M Settlement in Ebook Price Fixing Case

3:26 PM, Jul. 16th, 2014 · Jeff Gamet · News

Apple has decided not to fight a class action lawsuit over claims it orchestrated a price fixing scheme to artificially drive up the cost of books and will instead pay a US$400 million settlement. That payout is contingent on the outcome of Apple's appeal in the DOJ's antitrust case, so don't expect to see money changing hands any time soon.

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Settling with the States in the class action lawsuit makes financial sense for Apple. The alternative includes ongoing legal expenses and a potentially much higher fine that it's facing through the settlement. Agreeing to the deal doesn't mean Apple is admitting any wrong doing, although that's exactly how the State Attorneys General will spin it.

TMO Daily Observations: 2014-07-16

1:06 PM, Jul. 16th, 2014 · Jeff Gamet · Daily Observations Podcast

Apple and IBM are teaming up to take on the mobile enterprise market with the iPhone and iPad. Dave Hamilton and Bryan Chaffin join Jeff Gamet to share their take on what that means for Apple and their competitors. They also take a look at Citigroup's renewed coverage of AAPL and its not so positive coverage from the past.

Citigroup Starts AAPL Coverage with $110 Target

11:28 AM, Jul. 16th, 2014 · Jeff Gamet · Apple Stock Watch

Citigroup's Jim Suva started covering Apple's stock for investors again on Wednesday with a US$110 target price. Like other analysts, he expects the introduction of the iPhone 6 will have a positive impact on revenue, and he also thinks other analysts are underestimating consumer demand once the new iPhone model is released.

Analyst: Apple, IBM Partnership No Big Deal for iPhone Sales

9:51 AM, Jul. 16th, 2014 · Jeff Gamet · News

Apple and IBM announced a partnership on Tuesday to push iOS deeper into the enterprise market through the MobileFirst for iOS program. Piper Jaffray analyst Gene Munster doesn't see the team up as a big deal for Apple sales, but only because the iPhone and iPad are already being tested or deployed in nearly every Fortune 500 company.

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Even if MobileFirst doesn't significantly drive up iPhone and iPad sales, it'll boost confidence in companies that otherwise might be concerned that Apple is making only a half hearted attempt at bringing mobile products and support to the enterprise market.

Apple, IBM Team Up to Own the Mobile Enterprise Market

4:57 PM, Jul. 15th, 2014 · Jeff Gamet · News

In a world where up is down and black is white, Apple and IBM have teamed up to take on the mobile enterprise market. The companies announced their new partnership Tuesday afternoon with plans to bring IBM's big data analytics resources to the iPhone and iPad.

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If you ever questioned if Apple wanted to own the mobile enterprise market, doubt no more.

Samsung Ready to Release its Next iPhone Killer

4:10 PM, Jul. 15th, 2014 · Jeff Gamet · News

Samsung is ramping up to launch its next smartphone designed to take down Apple's iPhone in August, and the electronics maker is hoping its preemptive strike will draw in consumers before the iPhone 6 hits store shelves. The latest iPhone contender from Samsung will be called the Galaxy Alpha and will be more of a cross between its not so successful Galaxy S5 smartphone and mini tablet Galaxy Note.

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Samsung has proven time and again that it doesn't need to be the best to have a large slice of the smartphone market; It just needs to be good enough. That's all we're expecting from the company's next iPhone killer competitor.