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MapChoice-iOS-Dec-2012

Just Released:

MapChoice | $0.99: A new app just released on the App Store provides you with access to both Apple’s new Maps and Google Maps in a single app. Your position will transfer from one map to the other, and it also includes StreetView and Foursquare integration.

MapChoice gives you a choice between old and new maps. You can also view Street View and search using FourSquare.

Updated:

Instagram-iconInstagram version 3.4.0 | FREE: Instagram gets updated today with support for 25 languages, a new “Mayfair” filter, Facebook iOS 6 integration, and more.

– Instagram is now available in 25 languages!
– New filter: Mayfair
– Share photos from any album
– Facebook iOS 6 integration
– Improved performance and bug fixes

The Wall Street Journal version 5.0 | FREE: The Wall Street Journal just updated its iOS app, moving content on iPhone and iPad to Apple’s Newsstand and providing users with automatically updated issues each morning. WSJ will now offer in-app subscriptions, billing users directly to their iTunes accounts monthly. The updated app also includes Alerts for breaking news.

Newsstand & Alerts
– WSJ is now in Newsstand! Get new issues automatically delivered to your device overnight. To use Newsstand, tap ‘Allow’ when prompted.
– Note: WSJ App icon will now appear in the Newsstand Folder.
– Breaking News Alerts from WSJ. To get alerts, tap ‘Allow’ when prompted.
In-App Subscriptions
StubHub Seat Maps– Purchase a monthly subscription to WSJ through your iTunes account. With a digital subscription you get access to iPad, iPhone, WSJ.com and more.

StubHub version 4.1.0 | FREE: The StubHub iOS app gets updated with more interactive seat maps, the ability to see your view before buying tickets, iPhone 5 support, and more:

• Interactive seat maps for certain football and basketball games: filter ticket listings by section
• View from section: see the view from your section before you buy (for many events)
• iPhone 5 support
• Improved sharing (Twitter, Facebook, and text messaging)
• Ability to add events to your calendar
• User interface enhancements

MapQuest version 3.3 | FREE:

• You can now send maps and routes from mapquest.com to your phone and open them in the MapQuest App

Tentacles: Enter the Dolphin | $0.99: Microsoft’s previously Windows Phone-only title gets iPhone 5 support and new features:
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Report: Hon Hai source says 46 to 55-inch Apple TV set in testing, no panel supplier confirmed, 2013 launch unlikely

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apple-tv-tree

Last week, a report from The Wall Street Journal claimed Apple’s much rumored HDTV set is now in the “early stages of testing” with partners Hon Hai Precision and Sharp. Today, we get more details surrounding the rumored product from the Taiwan national news agency’s English language Focus Taiwan. According to the report, citing sources close to Hon Hai Precision Industry Co., the supplier is testing Apple television designs, but the possibility of the product shipping in 2013 is “unlikely”:

Nevertheless, the source said it is unlikely that shipments of the appliances will begin as soon as the end of next year.

While the report from WSJ claimed Sharp was involved in the initial testing of the product with Hon Hai, Focus Taiwan’s source claimed the possibility of Sharp displaying panels for the product is “not high”:

Asked whether the new Apple TV will use display panels produced by Japan’s Sharp Corp., the source said the possibility is not high.

The source also claimed that Apple is looking at displays ranging from 46 inches to 55 inches, meaning the company likely wouldn’t rely on Sharp’s plants best suited for production of 60+ inch panels:
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WSJ: Apple testing several TV set designs with component suppliers, not considered a ‘formal project yet’

The Wall Street Journal is out with a report today, citing sources close to Apple’s suppliers, on the company’s development of its much-rumored HDTV set. While the majority of the story is what we’ve heard from both analysts and past reports, according to WSJ, Apple is currently “still in the early stage of testing” but also in the process of evaluating several TV set designs with component suppliers. One of those suppliers is apparently Sharp:

Officials at some of Apple’s suppliers, who declined to be named, said the Cupertino, Calif.-based company has been working on testing a few designs for a large-screen high-resolution TV… Two people said Hon Hai Precision Industry Co., 2317.TW +0.63% which assembles the iPhone and iPad, has been collaborating with Japan’s Sharp Corp.6753.TO +7.80% on the design of the new television.

While some might speculate this means Apple is closer to bringing a TV set product to market, the WSJ noted in the same report that Apple “has been testing various TV prototypes for a number of years.” WSJ’s sources added that Apple’s TV set efforts are not considered a “formal project yet.”

Apple, which works with suppliers to test new designs all the time, has been testing various TV prototypes for a number of years, according to people familiar with the efforts. The company generally tests and develops products internally before doing so with outside suppliers.

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iPhone 5 gains necessary network approval in China, readying for mid-December launch

The iPhone 5 has gained the proper network verification from The Ministry of Industry and Technology of the People’s Republic of China today, finally readying it for sale in the country where the device is made. Following rumors earlier this month, Wall Street Journal first noted the news this morning, and such verification sets-up for the mid-December launch as pre-orders are already kicking. Apple has gained WCDMA and CDMA-2000 verification, according to the filings, lining it up to be on China Unicom and China Telecom — China’s second and third-largest carriers, respectively.

China has proved to be a big-potential for Apple, emphasized by CEO Tim Cook several times. Earlier this year he said, “demand is off the charts in China.” Sadly it appears the world’s largest carrier China Mobile isn’t on board this round.

Source: Wall Street Journal

Via: Engadget


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‘Tis the season for Apple analyst Gene Munster to call for an Apple HDTV next year

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[tweet https://twitter.com/genemunster/status/270901641828524034]

In recent months, several reports from Bloomberg, The Wall Street Journal, and most recently Jefferies seem to indicate Apple is in talks with cable companies for a new Apple TV-related service. It depends on whom you ask as to whether that service would center on a next-generation Apple TV set-top box or mark Apple’s introduction of the much-rumored Apple HDTV. There are still a couple analysts betting on an Apple TV set in the near future. Peter Misek of Jefferies is one. Misek estimated sales of 4.9 million units in CY13, and Piper Jaffray’s Gene Munster is once again adding to the rumors today…

Munster, who has many times in the past predicted a full-fledged Apple HDTV, reported in a note to clients today that Apple will launch a TV set in time for the 2013 holiday season (via Business Insider). Not to be confused with a possible refreshed TV set-top box, Munster believes Apple will release an HDTV somewhere between 42-inches and 55-inches and priced between $1,500 and $2,000.

Perhaps more interesting than the Apple TV rumor is Munster’s claims that Apple is set to launch a new radio service in March of 2013—possibly alongside a Retina iPad mini. As for the rest of Munster’s 2013 roadmap for Apple: in June 2013, he is predicting previews of iOS 7, OS X, and new Retina MacBook Airs.

Munster’s other not-so surprising predictions from the note:


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WSJ: Google putting final touches on Google Maps for iOS, distributed to a small number of outside testers

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The previous version of Maps included on iOS 5.0.

After Apple moved to its own mapping solution on iOS, the rumors of Google bringing a standalone Maps app to the platform have intensified. The Wall Street Journal reported that the highly anticipated Google Maps for iOS may be here soon, with word that the app has entered its final testing stages and will include turn-by-turn navigation.

The WSJ wasn’t able to give specific time frame for the app’s launch, but the report added that the app has been distributed to a few members outside the bounds of Mountain View for testing before it is submitted to the iTunes App Store review team. The launch sounds like sooner than later, as several publications in the recent months have pegged the launch before the end of the year. The question is: will Apple accept it?

Google won’t be alone in the iOS Maps-alternative battleground, however. Nokia announced yesterday it plans to release its own iOS map solution under the “Here” brand. Nokia said it plans to make the app available on the iTunes App Store in the coming weeks, offering offline maps, voice-guided navigation, and information on public transport.

More on Eddy Cue’s Apple Maps involvement below

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Apple adopts two-week program that allows select employees to work on side projects

Adopting a move out of Google’s 20-percent time playbook, Apple has begun a program titled “Blue Sky” that gives select employees two weeks to work on a project not in their normal realm of responsibilities. Jessica Lessin of the Wall Street Journal shared the news on video (via Business Insider), where she said Apple’s two-week program is not as vast as the program Google offers. Instead, Apple’s program is a select amount of employees that get the free time.

Why would a company adopt such program? It gives employees a chance to work on something that interests them, in the hopes of spawning innovation. The program was created earlier this year under CEO Tim Cook, and it may signal an overall culture shift in the company. It will be interesting to see if any projects out of Blue Sky see the light of day, as many Google projects have.


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Foxconn chairman Terry Gou says company is ‘falling short’ of iPhone demand

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According to a report from Reuters, citing a statement from Foxconn Chairman Terry Gou, Apple’s assembler is having a hard time keeping up with iPhone 5 demand. Gou confirmed previous rumors that the company is indeed “falling short” of meeting supply for iPhones and its other unit, Foxconn International Holdings, is assisting with production:

“It’s not easy to make the iPhones. We are falling short of meeting the huge demand,” Foxconn Chairman Terry Gou told reporters after a business forum.

Following the launch of the iPhone 5, reports claimed employees at Foxconn’s Zhengzhou plant went on strike over quality control concerns and lack of training. The same quality control issues were linked to scratching found out of the box on some iPhone 5 units, but it’s unclear how much these setbacks have contributed to iPhone 5 delays. Another unnamed executive speaking to The Wall Street Journal last month said the iPhone 5 is “the most difficult device that Foxconn has ever assembled. To make it light and thin, the design is very complicated.”

To speed up production of new iPhones, specifically the production of display components, Reuters suggested Apple could provide cash incentives to Sharp, one of its keep suppliers that was thought to have contributed to initial low supplies. Following rumors yesterday that Apple might even be considering making further investments in the failing company, Asymco’s Horace Dediu (via Fortune) speculated today that a $2.3 billion discrepancy in Apple’s 2012 financials might have already went to Sharp:
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Foxconn official says iPhone 5 supply shortages caused by complicated design, productivity improving

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The Wall Street Journal spoke with an unnamed Hon Hai executive today about why the iPhone 5 is experiencing supply shortages, and the Taiwanese manufacturer, also known as Foxconn, apparently blamed it on the smartphone’s complicated design and its subsequent assembly process.

“The iPhone 5 is the most difficult device that Foxconn has ever assembled. To make it light and thin, the design is very complicated,” said the executive to the Wall Street Journal. “It takes time to learn how to make this new device. Practice makes perfect. Our productivity has been improving day by day.”

The official did not wish to be named, but he admitted Hon Hai is attempting to better production capacity while apply more procedures to alleviate the reports of damages such as scratches to the iPhone 5’s metal casing.


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Apple announces iPad mini media event for Oct. 23

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Image via Engadget

Apple officially announced a media event for the much-rumored iPad mini scheduled for Oct. 23. Apple sent out invitations to the press today, as noted by The Loop. The event will kick off at 10 a.m. PST in San Jose’s California Theatre, as opposed to one of Apple’s usual venues. An Oct. 23 unveiling of the new 7.85-inch iPad would likely signal an early-November launch and international rollout leading up to the holidays. Earlier this month, The Wall Street Journal reported Apple’s supply chain in Asia has kicked mass production of the iPad mini into full swing.

As we reported earlier this week, Apple will also unveil its 13-inch MacBook Pro with Retina Display at the event alongside a refreshed Mac mini. We also showed you SKUs earlier today that hint at 24 new iPad models and refreshed iMacs.

Pricing for the iPad mini has been the biggest source of debate, with some analysts claiming Apple is not “cutting corners” on the iPad mini’s design despite trying to compete with pricing of 7-inch competitors from Amazon and Google. Yesterday, Bloomberg reiterated earlier reports that Apple is having production issues with the iPhone 5 related to scratching on the device’s aluminum back. With delays and shortages still making an impact on supplies of the iPhone 5, analysts have also suggested initial supplies of the new iPad will likely be constrained.

[tweet https://twitter.com/osxdaily/status/258241064169791489]


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Belkin and Brenthaven join the list of mainstream iPad mini accessory makers

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A few reputable case makers have already started creating 7.85-inch iPad cases and screen protectors in anticipation of the rumored iPad mini unveiling, including Zagg and Devicewear. The rumored Oct. 10 mailing of invites to the press came and went; however, according to The Wall Street Journal, we can still expect an unveiling of the device within weeks. Other case manufactures are also now betting on an iPad mini launch, including well-known case makers Belkin, Brenthaven, and others.

The image above shows Belkin’s Screen Guard “Anti-Fingerprint” screen protector, while we see iPad mini folios in black and white in the tweet below from Brenthaven (in stock and selling from its website). XtremeGuard is also accepting pre-orders for its iPad mini screen protector.

[tweet https://twitter.com/johnhowells/status/256483391703232512]

Other manufacturers have started selling iPad mini cases through Amazon. We see Ionic’s Hybrid Leather case cover with stand in the image below, while a case from KHOMO is on the right. Most do not provide exact measurements for the cases, but Brenthaven listed outer dimensions of its case as 7.5″ W x 4.8″ H x .75″ D. There are also a number of other lower-priced products, such as this black premium leather folio from Elsse, but some appear to just be repurposed 7-inch Android tablet cases.

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Apple poaches top Samsung chip designer for its staff

The Wall Street Journal reported that Samsung chip designer Jim Mergard has left the South Korean-based company to work for Apple. According to the report, Mergard’s duties before his short stint at Samsung were to lead the development of a “high-profile AMD chip that carried the code name Brazos and was designed for low-end portable computers.”

Mergard’s work at Samsung was rumored to be focused on building ARM chips for servers. It would be interesting to see Apple pick up this capacity.

Apple and Samsung have an intense rivalry in the smartphone space, but Samsung produces all of Apple’s Ax processors. Samsung opened a factory in Austin, Texas just last year that is responsible for making chips to power Apple’s iOS devices.


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New report suggests iPad Mini to be available with Wi-Fi only; 10-inch iPad to be updated for UK 4G network

Apple’s new iPad mini is expected to be announced Oct. 17; and with that launch date swiftly approaching, we have seen our fair share of rumors and leaks. A report from The Guardian today refuted a prior claim, claiming the 7.85-inch iPad mini will not include 3G or 4G and will stick with Wi-Fi instead.

Industry sources indicated to the Guardian that they do not expect to see 3G-capable versions of the iPad mini. That would allow Apple to produce it comparatively cheaply and to limit the top price of the product, while retaining mobile broadband connectivity for its pricier iPad line.

Being Wi-Fi only, it would put the iPad mini in-line to be a direct competitor with the Google’s Nexus 7 that also lacks 3G or 4G. The Amazon Kindle Fire was also without wireless capabilities until it received a refresh last month. Being without cellular connection would keep the iPad mini down on price. However, it seems like something Apple would at least make an option in fear of losing potential customers look to access data on-the-go. 
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Report: Time Warner Cable COO would relinquish cloud-based TV UI control to Apple, prefers ‘customer relationship’ control

We reported earlier this month on Apple’s TV plans, specifically relating to its alleged difficulty in getting cable companies to relinquish control of user interface and user experience, but now a new report quoted Time Warner Cable’s COO as willing to concede as long as it maintains the “customer relationship.”

According to the Hollywood Reporter:

Time Warner Cable is “hard at work at a cloud-based [TV] guide experience” and is open to giving up control of the user interface as it looks to make its service accessible via new devices, including Apple’s iPhones and iPads, president and COO Rob Marcus told an investor conference in New York on Wednesday.

But he emphasized that this does not mean that the cable giant is willing “to give up the customer relationship” as the company is committed to ensuring that people know its TV services are provided by TW Cable and not any device maker or other third party.

Recent reports from Bloomberg and The Wall Street Journal often mention the possibility of an Apple-branded HDTV. However, at this point, negotiations with cable companies appear to relate to an existing form factor of the Apple TV set-top box.

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HP CEO: ‘Apple taught us that design really matters’

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The Wall Street Journal has a story today on HP CEO Meg Whitman “taking a cue from Apple” and planning to release a redesigned line of PCs that could one day rival Apple. While mentioning the “brick” of a company laptop she received when taking over as CEO in September 2011, Whitman discussed the company’s struggle to keep up with Apple’s product design:

As part of her plan, Ms. Whitman is counting on better-looking PCs, hoping her company might one day rival Apple Inc. as the industry’s standard bearer for sleek design…”I don’t think we kept up with the innovation,” said the 56-year-old CEO. “The whole market has moved to something that is more beautiful… Apple taught us that design really matters,” she said. “I think we’ve made a lot of progress.”

HP executive Stacy Wolff is behind the new look, which he explained uses a common color palette, standard logo size, and reduced components “so that a computer’s chassis, for example, was a single piece of metal or plastic, instead of multiple pieces.”

Not only did the change make the products look better-built, but it sometimes made them cheaper or lighter…”We’re working on a cleaner, more minimalistic look,” he said.

We already got a look at HP’s sleeker [MacBook Air] look with its new Windows 8 notebooks at IFA (pictured above) and recently announced iMac with Magic Mouse and Magic Trackpad (pictured right)…

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After weeks of delays, Sharp begins shipping iPhone 5 displays to Apple

After weeks of delays and claims about Sharp not being ready for mass production of the next-generation iPhone screens, The Wall Street Journal reported Sharp is now delivering iPhone 5 displays to Apple with mass production beginning earlier this week. The Wall Street Journal seemed confident that Sharp, LG Display, and Japan Display are the only display suppliers of initial iPhone 5 shipments—with no mention of Samsung.

Mass production of the screens for the iPhone 5, which Apple unveiled Wednesday, began earlier this week at Sharp’s factory in central Japan, the person said…That Sharp has started delivering screens could ease concerns about whether Apple will have enough components to meet global demand for the new iPhone. Sharp is one of the three suppliers of the screens, the others being Japan Display Inc. and South Korea’s LG Display Co…

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Federal judge approves settlement with three publishers in Apple/Amazon ebook price fixing case

We noted last month that Apple filed a document with the Southern District of New York attempting to have settlements with the U.S. Department of Justice and three publishers delayed until after the high profile eBook price-fixing case goes to trial in June 2013. The Wall Street Journal reported today that a federal judge approved the settlements, which would allow Amazon and other retailers to return to its previous model and freely set eBook prices. Not surprisingly, Apple is expected to appeal the decision:

In a move that could reshape the publishing industry, a federal judge has approved a settlement with three of the nation’s largest book publishers over alleged collusion in the pricing of e-books… Apple has previously indicated in court papers that it would seek to appeal any decision approving the settlement. As a result, it could take some time before consumers see lower prices on e-books… “It’s devastating to bookstores,” said Paul Aiken, executive director of the Authors Guild. “For two years the settling publishers must allow vendors to discount e-books at any price they want. The court acknowledges that this restores the status quo conditions before 2010, when Amazon was able capture 90% of the e-book market. The Justice Department is reshaping the literary marketplace without submitting a single economic study to the court to justify its actions.”

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Spotify expanding into Canada soon, with further plans for Asia and South America. Hulu gets a facelift

Spotify made a huge stride when it launched in the United States in July 2011, which opened a partnership with Facebook that has paid off. The music streaming company looks to be expanding even further, as the Wall Street Journal reported this morning that Spotify is expected to launch in Canada soon. Furthermore, Spotify may also expand into Asia and South America. Spotify’s latest annual accounts tipped WSJ off on the news:

Last year, Spotify established subsidiaries in Canada, Singapore and Hong Kong, all places where its service isn’t yet available. Spotify is currently available in 15 countries, including the U.S., the U.K. and Germany, and recently launched in Australia and New Zealand. Company spokeswoman Sofie Grant declined to elaborate on the details of the company’s expansion plans, but said Spotify “of course plans to launch in new countries.”

Many ditched Apple’s iTunes and services like Pandora for Spotify, including me, because the ease of building playlists and finding new music on Spotify is certainly impressive. The only downfall is that the premium plan costs $10 a month, which offers unlimited music without ads, but I find the money to be worth it. Spotify recently introduced a free unlimited radio — launched on its Android — in July.

In other media news, Hulu, which just recently came to Apple TV, got a bit of a facelift on the web.


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Read the grueling jury verdict test that Apple v. Samsung jurors must complete

Jury deliberations for the much-reported Apple vs. Samsung trial are set to begin this week, and both companies want the nine jurors to complete an intricate exam to determine if a patent was infringed. As The Wall Street Journal first noted, each side created an elaborate worksheet with dozens of multi-part questions:

  • The general principle is that for each device, the jury has to indicate “yes” or “no” for whether a certain patent is infringed.
  • Then there are fill-in-the-blank questions like:  “What is the dollar amount that Samsung is entitled to receive from Apple for Samsung’s utility patent infringement claims on the ’516 and ’941 patents?” Fun stuff.
  • The jurors must be unanimous to determine whether a patent was infringed.

Judge Lucy Koh will decide on the final form to be presented to the jury.

Check out both proposed verdict forms below (via WSJ).


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Apple joins Google, Samsung and other adversaries to buy Kodak patents, perhaps signaling intent to curtail litigation

It must be a cold day in Hell. Apple is consorting with Google, Samsung, LG Electronics, and various ventures and firms to bid as a group on Kodak’s intellectual property.

Kodak filed for bankruptcy protection in January, according to The Wall Street Journal, and it is looking to auction its patents to raise money for surviving a Chapter 11 court protection. Kodak could barter all 1,100 digital photography-based patents or end the auction without a deal, as the company announced it would name the winning bidders on Monday but eventually pushed the deadline upon talking with creditors.

The Wall Street Journal explained:

  • Negotiations and the bidding group’s composition are fluid, the people said. If the consortium reaches a deal to buy some or all of Kodak’s patents, they would essentially be kept out of any one company’s hands and could prevent consortium members from using them in litigation against each other. A deal, however, could also attract attention from federal antitrust regulators.
  • A deal for the entire portfolio—one of many options under discussion— could fetch more than $500 million based on recent negotiations, people familiar with the process said. That is well above opening bids when the auction started last week, but far below the $2.2 billion to $2.6 billion Kodak at one point said the patents could be worth.
  • In a statement Thursday, Kodak said discussions with buyers are active and that it isn’t ready to announce a result. The company added that it might decline to sell some or all of the patents, depending on how the auction progresses.

Photography and cameras are obviously a main feature of mobile devices. Competitors in the tech arena have joined forces in the past to snatch up attractive patents, but The Wall Street Journal noted it is “unusual for them all to join the same camp.”

Patent law whiz Michael Carrier, of Rutgers University in Camden, said the companies would not suffer antitrust issues if the tech giants commit to licensing on reasonable rates. Otherwise, an action such as dividing the patents without sharing the rights to use them could likely meet legal trouble down the road.

Get the full report at The Wall Street Journal.

This article is cross-posted on 9to5Google.


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Teens flock to YouTube for music consumption over iTunes and other mediums

The majority of American teens prefer YouTube to iTunes, radio, online radio, and CDs when it comes to finding and listening to music.

Approximately two-thirds of 18-and-younger U.S. teenagers, according to a “Music 360” survey from research firm Nielsen (via The Wall Street Journal), claimed they sidestepped other music-listening mediums for Google’s video-sharing platform.

YouTube snagged 64 percent of 13-to-17 year olds, while radio came in second at 56 percent. iTunes held 54 percent, with CDs and Pandora rounding the top five at 50- and- 35 percent respectively.

The Wall Street Journal noted young folks regard YouTube as a “de facto free music service,” but adults do not take full advantage of the site’s complimentary content.

Go to 9to5Google for more information on adults’ favorite mediums.


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WSJ: 40 percent of device thefts in NYC are Apple, including a jaw-busting iPad from our own reporter

[tweet https://twitter.com/SuzanneKellyCNN]

The Federal Communications Commission revealed last spring that 40 percent of all major city robberies now involve smartphones, but New York Police Commissioner Raymond Kelly said over the weekend that same figure now applies to Apple product-related thefts in New York City, and the Wall Street Journal’s Rolfe Winkler should know first hand, as he was attacked recently while toting an iPad in Brooklyn.

According to the Winkler:

We were buried in an e-book when the subway doors opened at the Bergen Street stop in Brooklyn. In a flash, a pair of hands dove into my date’s lap and ripped away her iPad. Chasing the guy was instinctive. But he had a crew backing him up that I never saw. Instead of winning back the iPad, I found myself lying on the platform bleeding, my jaw split in half.

Winkler then cited a 2011 report from the New York Police Department to detail what he dubbed as “iCrime wave” statistics:

How big is the iCrime wave? National data aren’t available, but in New York, there were more than 26,000 incidents of electronics theft in the first 10 months of 2011—81% involving mobile phones—according to an internal police-department document. In Washington, D.C., cellphone-related robberies jumped 54% from 2007 to 2011, according to the Metropolitan Police Department. And the data may drastically undercount thefts. Since many don’t involve violence, many victims don’t bother reporting them.

Major theft of Apple devices is not limited to New York, however. In May, one notable woman, now known as the “iThief,” stole over 100 iPads across Texas-based Walmarts. The retail giant even caught her on video—check it out.

Retail crime is not as menacing as violent ones, though, such as the case from earlier this month, where several masked assailants carrying assault rifles overtook a truckload of Apple products passing through Aulnay-sous-Bois in Paris.


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Apple gets paid for its products, on average, before it has to pay for their manufacturing

A fun fact from The Wall Street Journal just in time for Apple earnings:

Cash comes in before it goes out in part because Apple has incredible negotiating leverage vis-à-vis its suppliers. On average, in fiscal 2011 it didn’t pay suppliers for 83 days after being invoiced, according to Sanford C. Bernstein analyst Toni Sacconaghi. Yet Apple collected on its customer invoices much faster, 18 days on average. Meanwhile, it paid to keep just four days of inventory on hand in 2011, versus an already impressive 10 days in 2010.

While the scenario above oversimplifies (it takes many months to set up device assembly lines including testing and fault tolerance for instance), capital investments in manufacturing are heading toward null game for Apple.

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Collapsing Nokia may have had Apple-like hardware in development in the 90s

…but horrific corporate management has it in a place where it may be forced into a patent firesale.

Interesting article on Nokia in the Wall Street Journal last night. It starts with:

More than seven years before Apple Inc. rolled out the iPhone, the Nokia team showed a phone with a color touch screen set above a single button. The device was shown locating a restaurant, playing a racing game and ordering lipstick. In the late 1990s, Nokia secretly developed another alluring product: a tablet computer with a wireless connection and touch screen—all features today of the hot-selling Apple iPad.

“Oh my God,” Mr. Nuovo says as he clicks through his old slides. “We had it completely nailed.”

Hardware is a key element, but, as we saw with Apple’s 2002 iPad, software, marketing, ecosystem and maybe most of all timing also play important roles when determining the success of a product line. When the time was right and the opportunities presented themselves, however, Nokia failed to execute.

“What struck me when we started working with Nokia back in 2008 was how Nokia spent much more time than other device makers just strategizing,” Qualcomm Chief Executive Paul Jacobs said. “We would present Nokia with a new technology that to us would seem as a big opportunity. Instead of just diving into this opportunity, Nokia would spend a long time, maybe six to nine months, just assessing the opportunity. And by that time the opportunity often just went away.”

Anecdotally, I have a friend who worked with Nokia in advertising. He would say the same thing: The company was gridlocked by politics and poor leadership. Different product groups treated different parts of the company as competitors and not compatriots.

And, five years after the iPhone unveiled, Nokia is in a tail spin. This is causing a cash crunch so huge that it will likely be forced to sell off a lot of those early patents that are valued around $6 billion—which is just slightly under Nokia’s current $6.5 billion market cap. That means investors have very little confidence in the firms ability to succeed. In fact, had Google waited, Nokia might have been a better patent purchase target than Motorola.

Nokia still is struggling to turn its good ideas into products. The first half of the year saw Nokia book more patents than in any six-month period since 2007, Mr. Elop said, leaving Nokia with more than 30,000 in all. Some might be sold to raise cash, he said.

“We may decide there could be elements of it that could be sold off, turned into more immediate cash for us—which is something that is important when you’re going through a turnaround,” Mr. Elop said.

It is pretty sad that a company like Nokia is not worth more than the patents it holds.