Brand: MacNews

Apple retail store announcements from Virginia

Apple’s press event in McLean, Virginia is underway and a number of reporters are on the scene. Among them are the folks at MacCentral.com. Apple is selling a whole host of products at their store, including video cameras, digital cameras, printers and scanners, PDA’s, and more. In addition, Apple has announced 14 retail outlets in total across the country.

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Apple to take US$10 million charge for PowerSchool acquisition

The DowJones Newswire reported late yesterday that Apple is planning to take a US$10 million charge in the third quarter of this year for “in-process research and development costs related to its acquisition of PowerSchool, Inc.” (which will be accounted for as a purchase), — this according to the company’s quarterly report filed Monday with the Securities and Exchange Commission.

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