Type of Article: MacNews News Article

Apple overtakes Wal-Mart in market cap

Apple is now the third largest company in America by market cap, having overtaken Wal-Mart for the number three position.  At $236.86 the market cap of Apple is roughly US$214.75 billion, compared to Wal-Mart at $55.95 with a $212.9 billion market cap, according to “24/7 Wall Street” (http://247wallst.com/2010/03/30/value-shock-apple-larger-than-wal-mart-microsoft-next-target-aapl-wmt-xom-msft-ge/).

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Analyst: Apple to sell 300,000 to 400,000 iPads this weekend

Bernstein analyst Toni Sacconaghi is telling clients that he expects Apple to sell between 300,000 and 400,000 iPads over launch weekend–including pre-sales. But he figures the device will sell five million in its first full year at market and 6.8 million in fiscal year 2011, according to “All Things D” (http://digitaldaily.allthingsd.com/20100330/ipad-expectations-“over-zealous”/?mod=ATD_rss).

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Fuel Collective releases Permute for Mac OS X

Fuel Collective has released Permute (http://fuelcollective.com/permute), an US$14.95 media conversion tool for Mac OS X 10.6.x (“Snow Leopard”).

It offers drag and drop video conversion with presets for devices such as the iPhone, Apple TV and XBox. You can also modify the existing presets. Permute is 64-bit and can convert .dvdmedia and VIDEO_TS folders to ISO files for better media center support.

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Valve accepting Mac beta testers

Earlier this month it was announced that Valve (http://www.valuesoftware.com) will be bringing Steam, Valve’s gaming service, and Source, Valve’s gaming engine, to the Mac. And the company is now accepting beta testers for the Mac service. You can sign up at http://store.steampowered.com/macbeta/ .

Steam and Valve’s library of games including Left 4 Dead 2, Team Fortress 2, Counter-Strike, Portal, and the Half-Life series will be available in April.

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