Year: 2010

Kindle to focus on reading, not taking on the iPad

Amazon.com CEO Jeff Bezos says that his company won’t try to make the Kindle more like the iPad, but will focus on reading.

At the company’s annual shareholder meeting, Bezos said that the Kindle targets what he calls “serious readers,” while the iPad aims for a broader audience, reports the “Wall Street Journal (http://online.wsj.com/article/SB10001424052748704026204575266511732770180.html). He also said that a color screen for the Amazon ebook reader was still a ways off.

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Apple’s actual business value now higher than Microsoft’s

Apple’s stock market capitalization hasn’t quite surpassed Microsoft’s, but the value of its actual business is now higher, according to “Silicon Alley Insider” (http://finance.yahoo.com/news/Its-Official-Apple-Is-Now-siliconalley-3062572220.html?x=0&.v=8).

Apple’s business is now worth US$200 billion, while Microsoft’s is only worth $197 billion — at least by one simple calculation of enterprise value, the article says.

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Apple, HP to look into suicides at China supplier

Apple and HP said they’ll examine the working conditions of their Hon Hai Group supplier, a labor-rights group called for a boycott of iPhones assembled by the Taiwanese company, and a “China Daily” newspaper editorial questioned Hon Hai’s “humanitarian concern” following several workers’ suicides, reports “Bloomberg Businessweek” (http://www.businessweek.com/news/2010-05-26/hon-hai-opens-plants-as-hp-apple-probe-suicides-update1-.html).

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