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by Internet Broadcasting
Department of Belteleradiocompany
Source: http://www.tvr.by/eng/economics.asp?id=77054
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SAN FRANCISCO (Reuters) - Apple Inc delivered lackluster quarterly results and iPad sales fell short of Wall Street targets, pushing its stock slightly lower.
The results came as it heads into the crucial holiday season, when competition in the smartphone and tablet market will reach fever-pitch, with Apple pitting a new phone and iPads against Amazon.com Inc and Google Inc Android devices.
"We were happy with the 14 million iPad sales in the quarter. It exceeded our expectations," Apple Chief Financial Officer Peter Oppenheimer said in an interview. "But as the summer went on, the rumors were pretty rampant about the iPhone and iPad."
For the December quarter, Apple forecast revenue of $52 billion, below the average estimate of $55 billion, according to Thomson Reuters I/B/E/S.
Its fiscal fourth quarter revenue rose to $35.96 billion, roughly in line with the average analyst estimate of 35.8 billion, according to Thomson Reuters I/B/E/S.
Apple shipped 26.9 million iPhones, somewhat higher than the 25 million to 26 million that Wall Street analysts had predicted. Sales of the iPad came in at 14 million in the fiscal fourth quarter, well below lowered forecasts for the tablet.
Apple only had nine selling days of the new iPhone 5 in its fiscal fourth quarter, which means that all eyes are on the current holiday quarter.
Apple heads into the quarter after having refreshed almost all of its product lines, including an upgraded, full-sized iPad. The December quarter will show how well consumers respond to Apple's latest gamble - the new, smaller iPad mini that will goes on sale November 2.
(Reporting by Poornima Gupta; Editing by Richard Chang)
Source: http://news.yahoo.com/apple-revenue-meets-forecasts-shares-rise-203626402--finance.html
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Tim Burton's stop-motion remake of his own 30-minute short is a cute movie, even with the creepy subject matter. It's the story of a boy and his dog and coming to terms with loss, although that seems to get stalled since the kid brings his dog back to life. Frankenweenie is, as my pal Eric said, Burton's love letter to the Universal monsters of old, as other kids resurrect their pets into mummies, vampires, werewolves, etc. As a story, it's pretty plain and seems thin and padded out. The animation is fun to watch but I couldn't shake my questions about the character design. It feels like the only parts that move on these bulky faces are their tiny mouths. It's a strange design that undercuts the animators' efforts, and I couldn't help comparing it to the superior and expressive animation from ParaNorman. I'd say this is the weakest stop-motion film with Burton's name attached to it, but by no means is Frankenweenie a bad film. It's got some fun jokes and any story about the loss of a beloved pet is going to have plenty of heart. There are some pretty solid jokes but they all seem to pool in the first act. I enjoyed Sparky the dog's romance with the neighboring poodle, more so than any of the human relationships. Beyond the kid/dog aspect, I found it hard to engage with the movie. If you have to see one stop-motion animated film about the supernatural, check out ParaNorman instead. Nate's Grade: B-
October 20, 2012Source: http://www.rottentomatoes.com/m/frankenweenie_2012/
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As part of an open online course on entrepreneurship in education, Union Square Ventures managing partner Fred Wilson talks about the role of venture capital, potential business models in ed tech and a few areas that are most ripe for innovation.
Over the past couple of years, Union Square Ventures, already a leading investor in consumer tech startups, has been building up its portfolio in education. It made an early investment in education social network Edmodo in 2010 and, since then, it?s invested in Skillshare, Codecademy and Duolingo.
On Wednesday, Fred Wilson, a managing partner at the firm, gave a little insight into how he and USV view opportunities in education technology as part of an open online course on entrepreneurship in education, called Ed Startup 101. Speaking to a group of ed tech academics, researchers and entrepreneurs, Wilson talked about the role of venture capitalists, potential business models for freemium startups in education and a few areas that are most ripe for innovation.
Until recently, venture capitalists haven?t looked favorably at education, which is notorious for its bureaucracy and long sales cycles. But as startups have attempted ? and shown early success with ? new models that skip over institutional buyers to target teachers and students, investors have steadily warmed to the sector, including K-12 education.
According to GSV Advisors, a Chicago-based investment firm that specializes in education, transactions in K-12 education climbed to $389 million in 2011, which is up from just $13 million in 2005 and more than three times the investment in the sector in 2010. Funding has been so strong that some have already started asking the inevitable question about whether an ed tech bubble is brewing.
Wilson didn?t offer a position on the bubble question, but said, ?Investors think there?s a lot of money to be made at the intersection of education and technology. ? This will turn out to be a hyper-competitive market.?
The full video of the talk ? which was moderated by David Wiley, associate professor at Brigham Young University?s David O. McKay School of Education, and Richard Culatta, Deputy Director of the Office of Educational Technology at the Department of Education ? is available here. But below are a few takeaways from the conversation.
Consumer tech offers plenty of models for freemium ed tech startups
It can be head-scratching for people outside the tech world (and even, sometimes, for those inside it) to watch venture capitalists pour money into startups without a clear business model. As one of the students in the course noted in a question for Wilson, ?It seems as though the revenue model for these startups ? for the time being at least ? is just to raise venture capital.?
But Wilson provided several examples in which consumer startups with a free service eventually found a path to profitability after years of venture backing, including Dropbox and Twitter. In those examples, he said, venture capital played a key role in helping them reach the scale that would make a freemium model work.
While Union Square Ventures isn?t an investor in Coursera, he speculated that the company could grow into a WordPress-style open software model that provides a basic service for free but charges for extra support. As the ed tech market expands, he expects models of all kinds ? from those supported by advertising to those with enterprise licensing models ? to emerge.
Sell to the learner first, not the institution
?We should compete with the existing education system as opposed to sell to it,? Wilson said. That doesn?t mean he thinks the startups in his portfolio are going to put Ivy League institutions out of business, but that entrepreneurs can make faster progress by bringing their tools straight to the learners and the teachers providing instruction. That?s the way Edmodo has gained its strong traction and the approach Codecademy has taken with its after school program targeting students in schools without computer science instruction.? As students and teachers adopt new platforms, Wilson said, the institutions will come around.
Vendor exclusivity is like teacher tenure ? it?s a bad thing
As more companies turn their attention to online learning and digital education, Wilson said universities shouldn?t standardize with just one vendor but support the range of tools that faculty members choose. Exclusivity, he said, makes vendors ?fat and happy? and less incentivized to innovate. ?Like tenure, I think it?s a bad thing in the education world because it makes people feel comfortable,? he said. ?I don?t think there?s any benefit anyone would get by standardizing on one platform.?
Credentialing, peer-to-peer networking and verticals are areas of opportunity
Now that plenty of platforms offer courses and instruction, the next step is figuring out whether students are actually mastering the skills and knowledge that they?re setting out to learn.? That credentialing and accreditation question (which we?ve touched on in posts about startups like LearningJar, Degreed and Smarterer) is one of the areas in which USV is most interested in, Wilson said.? He also said he thinks there are opportunities in peer-to-peer platforms, which leverage online communities to reduce the cost of creating curriculum and learning content, and vertically-focused startups, such as those similar to Codecademy and Duolingo.
Source: http://gigaom.com/2012/10/24/fred-wilson-on-ed-tech-4-takeaways-for-educators-and-entrepreneurs/
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GLENDALE, Calif. (AP) ? DreamWorks Animation SKG says Chairman Roger Enrico has resigned, effective immediately.
The movie studio is replacing Enrico, a former CEO of PepsiCo Inc. who had served as chairman since DreamWorks went public in 2004, with board member Mellody Hobson.
Dreamworks did not give a reason for Enrico's resignation in its release Thursday.
The company makes a few big-budget animated movies every year, including "Kung Fu Panda" and "Madagascar," along with some TV specials. It signed a five-year distribution deal with News Corp.'s 20th Century Fox in August.
Shares of DreamWorks Animation SKG Inc. are up 8 cents to $20.59 in afternoon trading.
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>>> apple fans were all over this today. the unveiling of the long rumored ipad mini-. which is meant to compete with smaller, lower priced tablets on the market from a number of makers. the next big product rollout comes from microsoft in a couple days. miguel almaguer reports.
>> reporter: at 7.9 inches, the ipad mini is apple's newest toy, the newest product aimed at take taking a big bite out of the tablet market.
>> kind of like an ipad 2, shrunken down and improved in some ways. it's really light.
>> as thin as a pencil and two inches smaller than the original ipad, it's been called the game changer able to compete with cheaper tablets already on the market. everyone is trying to get a piece of the tablet market, like devices like the amazon kindle fire selling for $200. apple's mini is more expensive, starting at $329. a very busy week for technology.
>> microsoft surface tablet, windows 8, the windows phone, the ipad mini all within a single week. it's a traffic jam .
>> reporter: and it's getting rough out there. samsung's new commercial portrays apple customers waiting in line for the new product release.
>> this is the line for apps.
>> we're not taking our foot off the gas.
>> just in time for christmas, apple also upgraded the number one selling notebook and the number one desktop model.
>> 10, 9 --
>> reporter: the rollout comes just days before microsoft 's release of windows 8, still dominating the personal computer market. industry insiders say microsoft 's move is an attempt to hold ground in the pc world , while trying to make some headway in tablet sales.
>> i'd like to call it a clash of the titans , really, apple is bigger and stronger than the rest of them out there.
>> reporter: silicon valley 's tech wars, aimed at capturing your imagination and your money. miguel almaguer, nbc news, san jose , california.
Source: http://video.msnbc.msn.com/nightly-news/49526994/
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6:15 p.m. EDT, October 23, 2012
Jessica Biel might have been a blushing bride this weekend, but that doesn't mean she walked down the aisle in a traditional white wedding dress. Nope, the "Total Recall" star and now-Mrs. Justin Timberlake instead wore a pink Giambattista Valli dress with a "princess-like silhouette."
The news comes from stylist Bobbie Thomas, who posted it on her blog. We aren't quite sure how she got the scoop, but it's been confirmed by other sources close to the wedding party. Apparently Valli also designed the dresses worn by the bridesmaids and mothers.
Timberlake, on the other hand, went more of a traditional route. He enlisted Tom Ford for his tux, and the designer-turned-director also made the outfits for the groomsmen.
We're still waiting to see official pictures of Biel's dress, but the former "7th Heaven" star reportedly changed into something a little more comfortable when she went to the wedding party. There, a source tells Us Weekly,?Timberlake serenaded her with a new song that "hasn't released yet." Does this mean that now that he has a new bride we can finally have a new album? We can only dream.
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