Type of Article: MacNews Web Site

Bernstein Research analyst Toni Sacconaghi told clients in a note this morning that the time has come for Apple “to do something about its insanely large pile of cash,” which as of the end of the June quarter totaled $45.8 billion, or about $49 a share, according to “Barron’s” (http://macosg.me/2/oy).

Analyst Gene Munster says the iPhone 4 remains in limited stock at Apple’s U.S. retail stores seven weeks after its launch, suggesting that “antennagate” has done little to slow sales, reports “AppleInsider” (http://www.appleinsider.com).

He polled 30 retail stores this week, and found that 16 of them had some stock. Most stores he checked with indicated they are receiving daily iPhone 4 shipments to meet up with supply. The continued limited supply, he said, is evidence that demand for the iPhone 4 remains strong despite the “Antennagate” controversy, Munster says.

The Gartner research group says Nokia Oyj, the world’s largest maker of mobile phones, lost market share, while Google’s Android platform overtook the iPhone as demand for smartphones surged, reports “Bloomberg” (http://macosg.me/2/ow).

Logitech (http://www.logitech.com) has introduced the Logitech Wireless Combo MK520, a full-size mouse-and-keyboard combo with a suggested retail price of US$59.99.

According to the folks at Logitech, the keyboard gives you the room to type comfortably, while concave, low-profile keys cradle your fingertips. The laser mouse feels good in either hand thanks to its contoured design with soft rubber side grips, they add.