Year: 2010

Robert W. Baird analyst William Power launched coverage of Apple Thursday morning with an Outperform rating and US$410 price target, reports “Barron’s” (http://blogs.barrons.com/techtraderdaily/2010/11/04/apple-baird-launches-with-outperform-rating-410-target/?mod=yahoobarrons).

Apple is now accepting submissions for the upcoming Mac App Store. Revealed in October, the Mac version will operate much like the iOS App Store, and is set to launch sometime in January 2011.

At the Oct. 20 “Back to the Mac” event, Craig Federighi, Apple’s vice president of engineering for OS X, demoed The Mac App Store. He said it brings the Apple App Store experience to Mac OS X, making discovering, installing and updating Mac apps easier than ever, he says. Like on the iPad, you purchase apps using your iTunes account and they download and install in just one step.

The iPad and its ecosystem are likely to disrupt existing technology use profiles and business models, and CEOs should ensure that its potential is being seriously evaluated inside their organizations, according to a new report from Gartner Inc (http://www.gartner.com).

Jawbone (http:///www.jawbone.com) has introduced the Jambox, which it says is the first intelligent wireless speaker and speakerphone. In addition to delivering full spectrum audio, Jambox connects with mobile phones, computers, tablets, iPods or any other Bluetooth device, allowing consumers to stream and share music, movies, games, phone and conference calls wirelessly.

Apple is preparing to open its third store in Scotland, this one in Edenburgh on Princes Street, reports “The Journal” (http://www.journal-online.co.uk/article/7007-new-apple-store-to-open-on-princes-street).

By opening a store in Scotland’s capital, customers will no longer have to travel to Glasgow to fix their faulty or broken products, says “The Journal.” There are currently only two Apple Stores in Scotland, in Glasgow and Aberdeen.