News Archive for 08/07/22
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Ilium has announced a new version of eWallet, now designed for iPhones and iPod touches. The app is meant to be a secure means of storing important information on Apple handhelds, such as passwords, health data and credit card numbers; to prevent this content from being stolen by one means or another, it is safeguarded using 256-bit AES encryption.
Monster Cable today said it will soon ship its Beats headphones. The over-the-ear audio equipment is developed in tandem with rap artist Dr. Dre and Interscope head Jimmy Iovine, and is said to be tuned for accuracy at both the high end, the mid-range, and in bass response, even with relatively low-power portable audio devices. The headset also provides active noise reduction that cancels out background sounds and purportedly mimics the experience of studio monitors.
Analysts at Piper Jaffray share worries in common with rivals like Needham following Apple's Q3 results, according to a new report. Piper notes that while Apple produced $7.46 billion in revenue during the quarter with an EPS of $1.19, partly due to a 42 percent year-over-year growth in Mac sales, the predicted slide in gross margins from Q3's 34.8 percent to "about 30 percent" in FY09 may not bode well for stockholders. Piper had been estimating a 32.3 percent margin for FY09.
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