Year: 2003

Merrill Lynch reiterates ‘sell’ rating on Apple

Merrill Lynch has reiterated its “sell” rating on Apple stock following yesterday’s slight jump, saying the current weakness in the company’s primary markets — especially education and professional — outweighs the benefits associated with online music sales, according to Briefing.com. Merril Lynch also expects operating income to be negative this year, which means that positive net income will come entirely from interest income. In addition, the firm says that the shares remain expensive on a P/E basis.

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Praeco 1.7 improves performance

Desideratum has released Praeco 1.7, an update to its popular auction monitoring and bidding software for eBay users. Version 1.7 optimizes database indexing for improved application performance when moving and deleting items. Also added was a new menu to provide quick links to frequently accessed pages, as well as several minor bug fixes. Praeco sells for US$29.95.

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Apple debuts new eMac line

Apple today announced a new eMac line offering up to a 1 GHz PowerPC G4 processor, a faster 4x SuperDrive, high performance ATI Radeon 7500 graphics, up to 80GB hard drives and internal support for AirPort Extreme wireless networking, with prices starting at US$799. They are available in the following configurations:


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iClip 2 multi-clipboard/scrapbook utility released

Inventive has announced the release of iClip 2.0, a multi-clipboard/scrapbook utility for Mac OS X. Version 2.0 offers the ability to organize clippings into groups called “clipping sets,” improved support of clippings from Adobe Illustrator and other vector graphics editing applications, updated Copy and Paste button icons, and several other enhancements and bug fixes. iClip is US$19.95 shareware.

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