Standard & Poor’s announced today that it does not expect Apple’s current earnings weakness to have an impact on the company’s ratings. “Despite flat revenues and a declining income trend over the past four quarters, Apple has maintained cash balances in excess of US$4 billion and a strong balance sheet.
Read MoreWaterfall Software has released Granite 1.2, an update to its Mac OS X font viewing utility that allows users to quickly and easily find and preview fonts. Version 1.2 brings a styled text identifier, an advanced search feature, and several other features and bug fixes. Granite is US$10 shareware.
Read MorePrefsOverload 5.1.2 is the latest version of the full-featured shareware tool for managing the Preferences Folder, which contains your various Preference files. The update improves Mac OS X 10.2 (Jaguar) compatibility and includes other minor changes. PrefsOverload is available for Mac OS 7.6 and higher and Mac OS X, priced at US$15.
Read MoreCNN technology anchor Renay San Miguel writes in his latest Hot Wired column that he has made the switch to a new PowerBook G4. “I am thrilled with my Titanium, especially the light weight, the slimness, the ultra-wide screen, the ease with which I can custom-burn CDs with iTunes.” Miguel made the switch after best-selling author Tom Clancy told him, “You gotta get a Mac.” The journalist also based his decision on other recent events.
Read MoreBanc of America today lowered its earnings estimate on Apple to 2 cents per share on revenues of $1.5 billion after the company said that its fiscal first-quarter results would show a slight revenue increase from the quarter just ended and a slight profit. “Both are well below what we were expecting. We had projected a 14 percent quarter over quarter increase in revenue with earnings per share of 7 cents,” said analyst Joel Wagonfeld.
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