Lawyer: Apple's the loser in ThinkSecret deal
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A Web site devoted to rumors and gossip about Apple Inc. has shut down as part of a deal with the company after a legal fight. But the lawyer representing ThinkSecret's owner says the battle was a win for his client.
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Apple Computer (Nasdaq: AAPL) has finally agreed to pay a dividend. No, not the kind of owner dividend that would have Motley Fool Income Investor subscribers donning their
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(InfoWorld) - Apple is debating whether to participate in the Federal Communications Commission's Jan. 16 wireless spectrum auction, BusinessWeek reported Monday, but analysts who follow Apple said the company would be crazy to build a nationwide wireless network. "That's way out in left field," said Gene Munster of Piper Jaffray & Co. "They're spending their money on other things like the price cut on the iPhone." Ezra Gottheil, an analyst with Technology Business Research, came to the same conclusion but wouldn't dismiss the report outright. "I wouldn't be surprised if Apple didn't do some head-scratching [on this idea]," Gottheil said, "but I don't see them taking their eye off the ball." Apple would face tremendous risk, something it doesn't need. "And it is a company that can only focus on one thing at a time." Apple would have to come up with some serious cash to enter the FCC auction, which will sell rights to the 700MHz band that TV broadcasters are handing back to the government when they go all-digital in 2009. The BusinessWeek story, however, noted that Apple has nearly $14 billion in cash reserves, more than enough to make the minimum bid of $4.6 billion. The story, which was posted on the magazine's Web site Monday, cited two unnamed sources who claimed that Apple CEO Steve Jobs has studied the implications of joining the auction but is leaning against the idea. Apple's iPhone, of course, is the genesis of any speculation that Apple might compete with other technology companies, most notably Google, in assembling a wireless network. One former Apple executive even told BusinessWeek that it would make sense for the company to give away access. "With the kind of cash position they have and the kind of push they just made into the handset space, it makes a lot of sense for them," the anonymous source said. No way, said Munster. "Not only is that not where they know what they're doing, but that's also not where they want to go. It's pretty clear that Apple wants to be a device and a software company, not a network operator." Van Baker, an analyst with Gartner, said somewhat the same thing, albeit with a caveat. "This would be very far afield for Apple, so I think the odds are very low that Apple would pursue this unless it is in conjunction with a partner," he said. Exactly, chimed in Gottheil. "Apple is unlikely to place a bid itself, but it would very much like someone to build a network they would like, one with a low barrier to entry like low-hourly-fee basic voice and Web access with fees for higher value services," he said. Apple might consider a joint venture of some sort, allowed Gottheil, who tagged Cisco and Google as possible candidates. "Apple has a long-standing relationship with Google, of course," said Gottheil. Three of the seven current Apple board members have ties to Google, including Eric Schmidt, the search company's CEO, and former Vice President Al Gore, who serves as a senior advisor to Google. "[But] they don't want to turn into a utility company. They don't want to risk their culture and too much of their reserves," Gottheil said. "On the other hand, they don't like the existing providers." Apple's -- and Jobs' -- antipathy to wireless carriers, even to AT&T, Apple's exclusive partner in the U.S. for the iPhone, has been the subject of blog postings and pundit musing since the smart phone's debut in June. Last week, for example, when Jobs announced the iPhone's $200 price cut, he made no mention of AT&T, nor did he mention T-Mobile, the wireless carrier that provides the hotspots for Starbucks, Apple's new iTunes partner. "Apple should become more net-centric, but they don't have to own the network to provide cloud-based services," Gottheil said.
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The 19-year-old publisher of the Think Secret Web site has found a lawyer to represent him against a lawsuit by Apple Computer (Nasdaq: AAPL).
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This Fool made a great call on Apple -- check out the other stocks he thinks you should be looking at.
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MacCentral - U.K.-based Internet entrepreneur Benjamin Cohen says that he got an unexpected shock last month after he checked his voicemail and heard a lawyer representing Apple Computer Inc. telling him to hand over his Web site domain, itunes.co.uk. Apple alleges that Cohen's CyberBritain Holdings Ltd is a "cybersquatter" just sitting on the domain hoping for a big settlement; Cohen denies the allegation.
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Today, Seesmic, the company founded by Loic Lemeur, announced their initial $6 million funding. Several people noticed that my name isn't on the list of investors.  I'll probably end up kicking myself when Seesmic becomes the next Google or YouTube. I remain a fan of the company and Loic and his team and will be rooting for them.  Why did I get cold feet? It has nothing to do with the product or the company, both of which appear to be outstanding. It's the stock market. I had to make the final Seesmic decision as I was getting out of stock, at a significant loss. The only stock I hold now is AAPL, and sadly, it's way under the price I paid for it a few months ago. Like a lot of other investors, right now stocks give me the willies. I will likely get back in, slowly, a little bit every week to average out the price, hoping the market has found a bottom.
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With Microsoft's reign as the world's Evil Empire drawing to a close, Don Reisinger believes Apple will fill that role.  Just don't expect him to agree.
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Clients of JPMorgan Chase & Co   could be excused for feeling dizzy in the last few days after  reading the banking group&#39;s investment research on Apple Inc  .
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Think Secret will discontinue operations, after settling with Apple Inc. over a controversial lawsuit.
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Annual reports are usually deadly boring documents filled with legalese -- Google's 10-K makes for interesting reading. Plus: If Steve Jobs is a crook, he's not getting richer from it. In Epicenter.
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Apple Inc. has settled a lawsuit against a Web site that had divulged company secrets, but the site, ThinkSecret.com, will shut down as part of the agreement.
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Apple rumor site Think Secret agreed to close shop on Thursday, concluding a two-year court battle with the Cupertino, California company over trade secrets.
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Investors may think so, but this Fool disagrees.
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Apple Inc and a popular Web site that published company secrets about the maker of the Mac computer, the iPhone and the iPod have reached a settlement that calls for the site to shut down.
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A financial analyst says Apple will follow its iPhone with a cheaper version based on the iPod Nano.
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By James Forsyth  APPLE'S dominance of the digital download market has long been music to the ears of investors in the Californian computer giant.