If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

The 3G iPhone will be announced June 9, the likely date of Apple CEO Steve Jobs’ keynote at the company’s Worldwide Developers Conference, analysts said in research notes on Thursday.
The 3G iPhone will be the “first of an impressive wave of new products” from Apple, wrote Citi analysts Richard Gardner and Yeechang Lee. They also expect an updated Mac laptop and iPod lines. The Apple conference is scheduled for June 9-13 in San Francisco.
In addition to a 3G iPhone release in early June, the 2.5G model could have a “minor casing change” and a price drop to between US$299 and $349, compared to the current $399, wrote Shaw Wu, an analyst with American Technology Research, in a research report.
Those predictions are consistent with a February prediction Gardner made that 3G iPhones will be announced by midyear. The 3G iPhone release will help Apple meet its target of shipping 10 million iPhones in 2008, Gardner wrote at the time. Apple is confident it will sell 10 million iPhones this year, officials said during a conference call on Wednesday to discuss the company’s second-quarter earnings.

View: The Full Article @ Yahoo

Microsoft Corp. today announced third-quarter revenue, operating income and diluted earnings per share of $14.45 billion, $4.41 billion and $0.47, respectively. Operating income and earnings per share results included a charge of $1.42 billion, or $0.15 per share, for the European Commission fine. Income taxes were reduced by $0.15 per share for the resolution of a tax audit.
“Our third-quarter results demonstrate the benefit of our diversified business model,” said Chris Liddell, chief financial officer of Microsoft. “Our broad span across geographies, product categories and customer segments is a tremendous asset and supports our outlook for double-digit revenue, operating income and earnings per share growth for this fiscal year and also for fiscal year 2009.”
Entertainment and Devices revenue for the quarter grew 68% over the comparable period last year driven by robust demand for Xbox 360 consoles. Cumulative console sales surpassed 19 million during the quarter, up 74% from a year ago. Server and Tools revenue growth of 18% added to its string of consecutive double-digit revenue growth quarters, which now stands at 23.

View: The Full Article @ PressPass