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Today's Topics:
1. Pegasus / AIM Upcoming Launch Coverage Wednesday (4-25) @ 3
pm ET. NASA DVB (Dishnut)
2. The marketers have your ear (Monty Solomon)
3. Options troubles at Apple remain (Monty Solomon)
4. You can imitate the singer, but you can't copy the song (Kevin)
5. Report: One Third of XM Repeaters Violate FCC Rules
(Williams, Gregory S.)
6. Answers Sought for U.S. Broadband Decline (George Antunes)
7. Pandora Founder Wants You to Save Internet Radio (George Antunes)
8. Apple Reports Second Quarter Results (Monty Solomon)
9. Apple FY 07 Second Quarter Results Conference Call (Monty Solomon)
10. Apple Board Members statement (Monty Solomon)
11. No Charges for Apple Over Options (Monty Solomon)
12. Don't Blame Hip-Hop (Monty Solomon)
----------------------------------------------------------------------
Message: 1
Date: Tue, 24 Apr 2007 21:31:52 -0700
From: Dishnut <[EMAIL PROTECTED]>
Subject: [Medianews] Pegasus / AIM Upcoming Launch Coverage Wednesday
(4-25) @ 3 pm ET. NASA DVB
To: Medianews <medianews@twiar.org>, [EMAIL PROTECTED], Satellite
TV Wild Feeds List <[EMAIL PROTECTED]>, Tom & Darryl Mail
List <[EMAIL PROTECTED]>, TVRO Newsgroup
<[EMAIL PROTECTED]>, TVRO Talk Newsgroup
<[EMAIL PROTECTED]>, WildFeeds List <[EMAIL PROTECTED]>
Message-ID: <[EMAIL PROTECTED]>
Content-Type: text/plain; charset=ISO-8859-1; format=flowed
Wednesday Afternoon (04-25), a Orbital Sciences air-launched Pegasus XL
rocket is scheduled to launch the AIM (Aeronomy of Ice in the
Mesosphere) research Satellite for NASA stagged from Vandenberg Air
Force Base off the California coast.
Drop from the L-1011 aircraft and Pegasus launch window is 4:23 p.m. to
4:30 p.m. EDT. The target drop time and ignition scheduled for 4:26
p.m. EDT.
Aeronomy of Ice in the Mesosphere (AIM) satellite is scheduled for a
two-year mission to document for the first time the entire complex life
cycle of clouds over both poles of the earth.
Broadcast coverage:
NASA TV MPEG2 available on AMC-6 at 72? W, transponder 17C (4040 V)
SR: 26665 VPID: 273 APID: 276 PCR: 273
NASA TV MPEG2 available on AMC-7 at 137? W, transponder 18 (4060 V)
SR: 26665 VPID: 273 APID: 276 PCR: 273
Broadcast starts at 3 p.m. EDT. with launch launch commentary
Don't have a dish? Webcast is available at:
http://www.nasa.gov/multimedia/nasatv/
Additional coverage at:
http://www.spaceflightnow.com/pegasus/aim/status.html
http://www.space.com/missionlaunches/launches/next_launch.html
http://www.nasa.gov/mission_pages/aim/index.html
--
Dishnut-P
====================================================================
Operator of RadioFree Dishnuts - Producer of The Dishnut News
heard Saturdays at 10pm ET. on:
RFD, W0KIE Satellite Radio Network Galaxy-26 (Telstar 6) @93? W -
Transponder 1 / 6.2 & 6.8Mhz (4DTV T6-999) also via Digicipher on AMC 3
@87? W - Transponder 7 4DTV (DSR-922) W3 958 (Stereo) - WTND-LP 106.3,
and many micro LPFM stations.
http://dishnuts.net
RFD Listen Links: http://dishnuts.net/#Listen
Show Archives: (Partly Up) http://dishnuts.net/archive/
**In Loving Memory of Mom (Dishnut Gerry)**
------------------------------
Message: 2
Date: Wed, 25 Apr 2007 00:53:57 -0400
From: Monty Solomon <[EMAIL PROTECTED]>
Subject: [Medianews] The marketers have your ear
To: undisclosed-recipient:;
Message-ID: <[EMAIL PROTECTED]>
Content-Type: text/plain; charset="us-ascii"
The marketers have your ear
Beam of sound aims its messages
By Jenn Abelson, Globe Staff | April 24, 2007
Advertisers have a new way to get into your head.
Marketers around the world are using innovative audio technology that
sends sound in a narrow beam, just like light, making it possible to
direct messages right into consumers' ears while they shop or sit in
waiting rooms.
The audio spotlight device, created by Watertown firm Holosonic
Research Labs Inc., has been used to hawk everything from cereals in
supermarket aisles to glasses at doctor's offices. The messages are
often quick and targeted -- and a little creepy to the uninitiated.
Court TV recently installed the audio spotlight in ceilings of
bookstores to promote the network's new murder-mystery show. A voice,
whispering, "Hey, you, can you hear me? Do you ever think about
murder?" was beamed toward customers as they browsed the mystery
section in several independent bookstores in New York.
For advertisers, the audio spotlight is a way of marketing to
consumers, sending tailored messages without disturbing an entire
store with loudspeaker announcements such as Kmart's iconic "Blue
Light Special." The flat disk speakers with precision targeting have
made sound possible in unlikely places -- from Boston's Museum of
Fine Arts to the New York Public Library -- and are increasingly
attractive to merchants trying to improve the shopping experience
with a peaceful environment.
Major US companies, including Procter & Gamble Co. and Best Buy Co.,
are testing the device, but it is already being embraced abroad. Some
marketers say it is only a matter of time before the technology takes
off here.
...
http://www.boston.com/business/technology/articles/2007/04/24/the_marketers_have_your_ear/
------------------------------
Message: 3
Date: Wed, 25 Apr 2007 00:56:30 -0400
From: Monty Solomon <[EMAIL PROTECTED]>
Subject: [Medianews] Options troubles at Apple remain
To: undisclosed-recipient:;
Message-ID: <[EMAIL PROTECTED]>
Content-Type: text/plain; charset="us-ascii"
Options troubles at Apple remain
By May Wong, AP Technology Writer | April 25, 2007
SAN JOSE, Calif. --Apple Inc., on a tear with its popular iPod
players and Macintosh computers, is expected to report strong
quarterly results Wednesday but will face lingering worries over the
role its iconic CEO played in its stock options backdating troubles.
In the first action by federal authorities since Apple's options
problems surfaced a year ago, the Securities and Exchange Commission
filed civil charges against two former Apple officers Tuesday. But
one of the accused -- former Chief Financial Officer Fred Anderson --
pointed a finger at his former boss, Steve Jobs, raising new
accusations that experts say could land Jobs in some legal hot water
if true.
The SEC said it did not plan to pursue any further action against
Apple itself, which cooperated with the government's probe, but it
stopped short of saying its investigation was closed. Commission
officials declined to comment on whether possible charges could still
be filed against Jobs or other current officers.
The lack of clarity was compounded when Anderson cast blame at Jobs
after agreeing to settle the SEC charges over his alleged role in the
backdating scandal. Anderson, 62, agreed to pay about $3.5 million in
fines and penalties but did not acknowledge wrongdoing.
Jerome Roth, an attorney for Anderson, issued a statement saying the
former CFO had warned Jobs about the implications of backdating one
of the two grants that were the basis of the SEC lawsuit. Roth said
Anderson was reassured by Jobs that the board of directors had given
the necessary approvals, and that Anderson concluded that the grant
was being properly handled.
Roth's remarks contrasted Apple's earlier statements that Jobs was
aware of some favorable grant dates but that he neither benefited
financially from them nor "appreciated the accounting implications."
Apple said in December that its own internal probe cleared Jobs and
current management of any misconduct.
Meanwhile, the U.S. attorney's office is still investigating. A
spokeswoman for the office declined to comment Tuesday on the status
of the case.
Legal experts say the combination of Anderson's new accusations and
the pending investigations leave Jobs' culpability in question.
...
http://www.boston.com/business/technology/articles/2007/04/25/options_troubles_arent_over_for_apple/
------------------------------
Message: 4
Date: Wed, 25 Apr 2007 09:33:11 -0500
From: "Kevin" <[EMAIL PROTECTED]>
Subject: [Medianews] You can imitate the singer, but you can't copy
the song
To: <Medianews@twiar.org>
Message-ID: <[EMAIL PROTECTED]>
Content-Type: text/plain; charset="iso-8859-1"
http://www.startribune.com/467/story/1139222.html
You can imitate the singer, but you can't copy the song
A Burnsville woman could do time for pirating karaoke tunes.
By Dan Browning, Star Tribune
What's the difference between a wannabe diva pretending to be Sheryl Crow in
a karaoke bar and someone who simply copies and sells the music without
permission?
For Tracy Ann Brock, 43, of Burnsville, the answer could be 18 to 24 months
in federal prison.
Brock, the president and co-owner of Star Music Inc., has pleaded guilty to
copying "hundreds of thousands of songs ... worth hundreds of thousands of
dollars" between April 2004 and July 2006.
U.S. Attorney Rachel Paulose said in a news release Monday that it is the
"first ever criminal conviction related to infringement of copyrighted
karaoke music and is part of the Department of Justice's broader initiative
to combat online auction piracy."
Brock told U.S. District Judge David Doty that she copied 20,000 to 40,000
songs onto hard drives and sold them on eBay, on other sites and through
direct sales for use in karaoke machines.
"I'm here to plead guilty of conspiring to violate copyright laws," said
Brock, who has agreed to help prosecute others involved in the conspiracy in
a deal that will spare her additional charges.
FBI agents raided Brock's home and seized equipment used in the pirating
operation. In exchange for her plea, the government agreed not to pursue
additional charges against her that might arise from the conspiracy.
DAN BROWNING
------------------------------
Message: 5
Date: Wed, 25 Apr 2007 10:23:49 -0700
From: "Williams, Gregory S." <[EMAIL PROTECTED]>
Subject: [Medianews] Report: One Third of XM Repeaters Violate FCC
Rules
To: <medianews@twiar.org>
Message-ID:
<[EMAIL PROTECTED]>
Content-Type: text/plain; charset="iso-8859-1"
http://news.radio-online.com/cgi-bin/$rol.exe/headline_id=b9836
According to a Bloomberg report, XM Satellite Radio is operating with a network
of hundreds of repeaters that were built in violation of FCC rules. At least a
third of XM's some 800 repeaters are located in unapproved locations or emit
signals that are too strong, according to the news agency's review of FCC
filings.
XM tells the Commission that some of the repeaters now comply with its rules,
but it doesn't know how many. As previously reported, the misplaced repeaters
could result in fines or a shutdown of part of the company's network. Lawmakers
including U.S. Rep. Edward Markey say regulators should take the violations
into account when they consider the proposed Sirius-XM merger.
"This series of apparent violations by XM does provide fuel to opponents of the
merger and gives them reason to think they can get the deal rejected," said
Paul Gallant with Stanford Washington Research.
In a SEC filing, XM said the repeaters in violation serve 42 percent of its
network. In Los Angeles, 23 of XM's 39 repeaters are in breach of the rules,
while in New York, 35 of 91 are. XM says that turning off Los Angeles repeaters
would have a "drastic and adverse impact" on reception and a New York shutdown
"would devastate" service.
Bloomberg also reports that some repeaters were erected thousands of feet from
their approved location. In Chicago, a repeater was more than 11 miles from the
authorized spot. In Austin, TX, a repeater sanctioned for a height of 490 feet
was 900 feet high.
Many opposing the merger say that XM's failure to follow FCC rules indicates it
may not live up to Karmazin's promises that the combined company will offer
consumers more choice and lower prices. (04-24-07)
Gregory S. Williams
[EMAIL PROTECTED]
[EMAIL PROTECTED]
?
?
------------------------------
Message: 6
Date: Wed, 25 Apr 2007 14:50:17 -0500
From: George Antunes <[EMAIL PROTECTED]>
Subject: [Medianews] Answers Sought for U.S. Broadband Decline
To: medianews@twiar.org
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED],
[EMAIL PROTECTED]
Message-ID:
<[EMAIL PROTECTED]>
Content-Type: text/plain; charset="iso-8859-1"; format=flowed
Answers Sought for U.S. Broadband Decline
ARTICLE DATE: 04.24.07
By Chloe Albanesius
PC Magazine
http://www.pcmag.com/print_article2/0,1217,a=206053,00.asp
A U.S. innovation brain drain, coupled with sloppy government handling of
subsidy programs and data collection, have contributed to a decline in the
country's broadband standing, technology experts told the Senate Commerce
Committee on Tuesday.
The committee convened the hearing for a discussion on how the U.S.
measures up against other countries in broadband competitiveness.
The hearing was held a day after the Organization for Economic Cooperation
and Development (OECD) issued new global broadband per-capita penetration
data that saw the U.S. fall from 12th to 15th place out of 30 countries.
Some viewed the results as a sign that the U.S. is falling behind its
global counterparts, while others said it was unfair to compare the U.S.
against the smaller and more densely populated countries that beat the U.S.
in the OECD rankings.
The questions that panelists tangled with mainly dealt with issues of
geography. In Europe, where per-capita broadband penetration is growing,
world powers like the United Kingdom are smaller geographically than
California. The person-to-person proximity also allows infrastructure
buildouts to serve more people. While this isn't a problem in major cities,
serving rural customers with broadband access is still a thorny issue.
One of the issues left undefined was the definition of "broadband". Add to
that the lack of reliable government data, and the problem becomes even
more complicated, witnesses said.
Sen. Daniel Inouye, D-Hawaii, who chairs the Commerce Committee, said that
he would soon introduce a bill to promote innovation and improve the
federal commitment to basic research on communications. He is also penning
broadband data development legislation that would call for the collection
of broadband data collection at the federal and state levels, a complaint
that was voiced by several speakers.
The numbers problem
"We need better data" from the Federal Communications Commission (FCC),
said Ben Scott, policy director of Free Press, an organization dedicated to
media reform. The FCC currently collects data based on ZIP codes, which
could be misleading, Scott said. "We need information on a block-by-block
basis."
Jeffrey Eisenach, chairman of Criterion Economics, a Washington-based
consulting firm, agreed. "Current FCC data is not useful. It doesn't tell
us how many households or businesses in that ZIP code have broadband
availability. Nor does it tell us anything about quality."
Meanwhile, the last time the national census gathered broadband data was
2003, Eisenach said. "It might as well have been collected in 1903," he said.
Throwing government funds at an issue, however, does not always solve the
problem. Sen. Claire McCaskill, D-Mo., questioned why millions that were
allocated by the Rural Utilities Service for rural areas were actually
being used in urban areas like Houston and Los Angeles. Panelists also
tangled over the benefits of the Universal Service Fund (USF), money
intended to provide telecommunications service to all Americans.
Brian Mefford, whose public-private ConnectKentucky partnership initiative
managed to increase the state's broadband availability by 32 percent in
three years, did not rely on USF monies for the project. "It needs some
retooling," he says of the fund.
One retooling suggestion is to require broadband ISPs to contribute to the
USF. Currently, only interstate telecom providers like phone, long distance
and cell phone providers have to put money into the fund. "The insertion of
broadband into universal service is essential," said Scott. "Bringing
broadband to rural areas will require the same kind of progressive idea
that [brought] the telephone to rural areas."
Sen. Ted Stevens of Alaska, ranking Republican on the committee, has
introduced legislation to insert broadband into the USF. "The problem is
basically we can't use the legacy system of cable and wire" for broadband
and have to build out across rural areas, Stevens said. "Wireless
technology has brought new communication, but it is slower and not adaptable."
DSL, meanwhile, "only works within about 18,000 feet of a central office,"
said Eisenach. "The copper line lengths in the U.S. are longer than those
in Europe. We have much higher cost of copper than in the EU."
The National Cable & Telecommunications Association on Monday penned a
letter to Senate and House Commerce leaders that said the OECD's results
could be misleading. "Compared to most of the nations that rank 'ahead' of
the U.S. in broadband penetration, the U.S. is geographically vast and
significantly less dense," NCTA President Kyle McSlarrow wrote. "It is
clear that factors like geography, distance, and population concentration
and urbanization are critical to the pace ad success or investment in any
network, not just broadband."
Technology is the answer ? but what?
Even if the problem is as great as the OECD maintains, however, basic
research into technologies to solve the national broadband problem is being
ignored, Inouye said. "Today we see less of the visionary, long-term
research that took place at Bell Labs and resulted in breakthrough
technologies that made [the U.S.] the envy of the world," he said.
Bell Labs was driven by telecommunications research, a driver that forced
researchers to "think along a certain path," said Adam Drobat of the
Telecommunications Industry Association (TIA). It also received ample
funding for long-term projects.
Today, the two fields that are fundamental to telecom ? electrical
engineering and computer science ? are seeing fewer and fewer American
doctoral graduates, Drobat said. "There have to be some economic incentives
? money for education, money for research ? that drive people to these
disciplines and that funds them well in the future," he said.
"TIA believes that public policies should foster a climate conducive to
innovation and investment, avoiding overly prescriptive regulatory
regimes," Drobat added.
"The only research that's being done in telecom now outside of universities
has a very, very short time frame for work research and it's being done
mainly by equipment managers," said Jack Wolf, vice president of technology
for Qualcomm.
Universities that do receive federal research funds for telecom get perhaps
10 percent of funds allocated to the National Science Foundation and the
Defense Advanced Research Projects Agency (DARPA), Wolf said.
Wolf called for a new research program that would stimulate interest in
telecom research across academia and government and recognize the
challenges the industry faces in coming up with new research funds.
================================
George Antunes, Political Science Dept
University of Houston; Houston, TX 77204
Voice: 713-743-3923 Fax: 713-743-3927
antunes at uh dot edu
------------------------------
Message: 7
Date: Wed, 25 Apr 2007 15:23:08 -0500
From: George Antunes <[EMAIL PROTECTED]>
Subject: [Medianews] Pandora Founder Wants You to Save Internet Radio
To: medianews@twiar.org
Cc: [EMAIL PROTECTED], [EMAIL PROTECTED], [EMAIL PROTECTED]
Message-ID:
<[EMAIL PROTECTED]>
Content-Type: text/plain; charset="iso-8859-1"; format=flowed
Pandora Founder Wants You to Save Internet Radio
Wednesday April 25, 2007
Interview with Pandora Founder, Tim Westergren
By Brian Heater
PC Magazine
http://www.pcmag.com/print_article2/0,1217,a=206110,00.asp
As reported last week, a recent ruling by the Copyright Royalty Board could
spell disaster for Internet radio, as we know it. The decision will result
in sites like Pandora and Last.fm paying somewhere in the neighborhood of
four times the royalty rates of their satellite radio counterparts. While
Internet radio is projected to keep growing and growing, these sites don't
really generate a huge amount of revenue, so a ruling like this could prove
devastation for the fledgling industry.
While they don't make a huge amount of money for themselves, these sites do
provide a potentially huge revenue stream for ailing record companies,
offering consumers a new music discovery engine, and the means of
purchasing the music they hear. This ruling, graciously helped along by
those big, lumbering record companies, is likely to prove another misguided
move, along the lines of the post-Napster RIAA debacle that we're still
sifting through.
I sat down with Pandora founder, Tim Westergren, yesterday, to discuss the
ruling, and what, if anything, Internet radio fans can do to help.
What are the details of this recent ruling?
The foundation of the ruling was set about five years ago, when the DMCA
(Digital Millenium Copyright Act) was amended. Among other things, language
was inserted into the bill as the legal framework for determining the rates
for Internet radio. It's different from the language that governs both
terrestrial radio and satellite radio. It's different and unequal, by a
standard that's called, "willing buyer, willing seller." It puts Internet
radio at a significant disadvantage, compared with satellite and
terrestrial radio, for reasons that really I think have to do with some of
the lobbying power of the record industry, and the what was back then an
almost non-existent Internet radio industry.
It doesn't seem surprising that there there's a line being drawn between
Internet and terrestrial radios, but it's a bit more interesting that this
kind of line is being drawn between Internet and satellite radios.
Yeah, although it kind of depends on your perspective on it. In terms of
the kind of benefits and impact that Internet radio has, it's just like
terrestrial. It's a promotional mechanism?in terms of promotions, it's
actual more immediate, because you can click to buy stuff. I think there's
a good argument to be made that it should be treated the same way. I think
the consequence of this language is that it makes Internet radio
uneconomic. It's just not possible to deliver a business at those rates.
And at Pandora, we have 15 full-time sales people cranking on this thing,
and with all that we could muster, we could make it work on the old rates,
but these new rates make it impossible.
There is potentially a much larger audience for an Internet radio station
than a terrestrial, right? So, shouldn't the rates be higher?
The thing is, potentially, yes, but even with a much larger audience, it
doesn't make it more profitable. Internet radio is projected to grow
substantially over the years, but it doesn't mean more margins. At the
existing rates, you could make a business out of it at scale, but each
listener you add costs you more. There's not a huge profitability as it
grows, so the underlying economics have to make sense.
I know you've already placed some limitations on your service, such as the
amount of tracks that users can skip, in a given amount of time. Are those
directly related to the guidelines imposed by these sorts of groups?
Right. So, the DMCA only applies in the United States?in fact, there is no
statutory rate anywhere else. You can't stream Internet radio into other
countries, without having direct deals with every single rights holder
whose music you're playing. So, if you're playing music on Internet radio
anywhere in the world, outside of the US, unless you have a direct deal
with that label, you're not supposed to do that. So, for within the US,
where the DMCA applies, there's a whole bunch of restraints that come with
the agreement. There's what's called an "artist's quota." You're only
allowed to play a certain amount of songs by a given artist in a three-hour
period, and things like that.
What sorts of things can people do, in order to help reverse this ruling?
Because we're a pretty young industry, we don't have very deep roots in
Washington. The best recourse for us is looking to rally listeners and try
to get a new bill passed, and try to change that language so that we're
treated like other radio. It's a grassroots political organization.
Do these new rates also apply to terrestrial stations that also broadcast
over the Internet?
They do.
This will likely be taking a much larger toll on public stations than those
with deeper pockets like Clear Channel or Infinity.
Well, the financial impact is the same, in terms of per station. I
certainly think that maybe a Clear Channel, because it's not really their
business?they are a terrestrial broadcaster?the overall impact on their
business isn't that big, but looking down the road, it could be
substantial. For someone like Pandora or a college radio station, it's
devastating.
Do you foresee a Clear Channel or Infinity getting involved in lobbying
against these new rates?
Yeah, they're already involved. The NAB (National Association of
Broadcasters) is part of the Internet Radio Consortion.
So, in this case you actually have the media conglomerates on your side.
Yeah, yeah. So are the small Webcasts and the college radio stations. It's
one of those rare moments that you get a decision that unifies everybody
under one umbrella, kind of like an environmental disaster brings together
corporations awnd environmental groups, because they all get impacted.
I assume that the record companies are part of the lobbying on the other
side of this bill.
Yes. They have been principle voice for these rates.
It seems like they've haven't really learned their lesson since this
on-going Napster/RIAA debacle.
Well, it's hard to know exactly what's going on when you read something
like this. It's hard to imagine the RIAA wanting to put an end to Internet
radio. I think the underlying dynamic is that the record labels want
Internet radio companies to be forced to sign direct, individual deals with
them. One of the great benefits of the DMCA is that, because it's
statuatory rate, you sign one piece of paper. You have to pay for it, but
it gives you one central means of getting access to everything. Pandora
plays music from about 34,000 artists. The majority of those artists are
not on labels. With this new rate structure, even if the artists don't like
it, we still have to pay that rate. The only way we don't have to pay that
rate is if we sign a direct deal with each of the individual artists. The
logistics and costs of that are just absurd. That's why they created the
DMCA. The advantage goes to big labels, because they are this centralized
oligopoly, with a lot of artists under one roof. One of the really terrible
consequences for artists is that the revenue for licensing, whereas in the
DMCA environment, it's split 50/50 with the artists; in a direct deal
setting, it goes mostly to the label, and only a small part goes to the
artists.
You also have a site set up that people can visit.
Yeah, we do: Savenetradio.org.
And the main way to get involved at this point is filling out petitions and
calling congresspeople?
The first stage of that is to raise awareness. We're introducting a bill
soon, and then the next course of action will be to call your
congressperson and tell them to support the bill.
What's the timeline on the bill?
Days.
How much time is there until these new rates go into effect?
May 15th, and the problem is that it's retroactive since the beginning of
2006, so on that day, enormous bills are going to come due for everybody,
bills that are going to dwarf what people have been paying. It's D-Day.
================================
George Antunes, Political Science Dept
University of Houston; Houston, TX 77204
Voice: 713-743-3923 Fax: 713-743-3927
antunes at uh dot edu
------------------------------
Message: 8
Date: Wed, 25 Apr 2007 21:50:10 -0400
From: Monty Solomon <[EMAIL PROTECTED]>
Subject: [Medianews] Apple Reports Second Quarter Results
To: undisclosed-recipient:;
Message-ID: <[EMAIL PROTECTED]>
Content-Type: text/plain; charset="us-ascii"
Apple Reports Second Quarter Results
Earnings Grow 88 Percent Year-over-Year
CUPERTINO, California-April 25, 2007-Apple today announced financial
results for its fiscal 2007 second quarter ended March 31, 2007. The
Company posted revenue of $5.26 billion and net quarterly profit of
$770 million, or $.87 per diluted share. These results compare to
revenue of $4.36 billion and net quarterly profit of $410 million, or
$.47 per diluted share, in the year-ago quarter. Gross margin was
35.1 percent, up from 29.8 percent in the year-ago quarter.
International sales accounted for 43 percent of the quarter's revenue.
Apple shipped 1,517,000 Macintosh computers and 10,549,000 iPods
during the quarter, representing 36 percent growth in Macs and 24
percent growth in iPods over the year-ago quarter.
...
http://www.apple.com/pr/library/2007/04/25results.html
http://images.apple.com/pr/pdf/q207fin_statements.pdf
http://images.apple.com/pr/pdf/q207data_sum.pdf
------------------------------
Message: 9
Date: Wed, 25 Apr 2007 21:49:05 -0400
From: Monty Solomon <[EMAIL PROTECTED]>
Subject: [Medianews] Apple FY 07 Second Quarter Results Conference
Call
To: undisclosed-recipient:;
Message-ID: <[EMAIL PROTECTED]>
Content-Type: text/plain; charset="us-ascii"
FY 07 Second Quarter Results Conference Call
http://www.apple.com/pr/library/2007/04/23alert_results.html
WHAT: Apple FY 07 Second Quarter Results Conference Call
WHERE: Via conference call. The dial-in number for press is: (719) 457-2648
WHEN: Wednesday, April 25, 2007, 2:00 p.m. PDT/5:00 p.m. EDT
REBROADCAST: The conference call will be available as a continuous
rebroadcast beginning Wednesday, April 25 at 5:00 p.m. PDT/8:00 p.m.
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------------------------------
Message: 10
Date: Wed, 25 Apr 2007 21:51:58 -0400
From: Monty Solomon <[EMAIL PROTECTED]>
Subject: [Medianews] Apple Board Members statement
To: undisclosed-recipient:;
Message-ID: <[EMAIL PROTECTED]>
Content-Type: text/plain; charset="us-ascii"
http://www.apple.com/pr/library/2007/04/25statement.html
Apple Board Members Bill Campbell, Millard Drexler, Albert Gore Jr.,
Arthur D. Levinson, Eric Schmidt and Jerry York today released the
following statement
We are not going to enter into a public debate with Fred Anderson or
his lawyer. Steve Jobs cooperated fully with Apple's independent
investigation and with the government's investigation of stock option
grants at Apple. The SEC investigated the matter thoroughly and its
complaint speaks for itself, in terms of what it says, what it does
not say, who it charges, and who it does not charge. We have complete
confidence in the conclusions of Apple's independent investigation,
and in Steve's integrity and his ability to lead Apple.
------------------------------
Message: 11
Date: Wed, 25 Apr 2007 21:57:46 -0400
From: Monty Solomon <[EMAIL PROTECTED]>
Subject: [Medianews] No Charges for Apple Over Options
To: undisclosed-recipient:;
Message-ID: <[EMAIL PROTECTED]>
Content-Type: text/plain; charset="us-ascii"
No Charges for Apple Over Options
By ERIC DASH
The New York Times
April 25, 2007
Federal securities regulators said yesterday that they would bring no
civil charges against Apple over the backdating of executive stock
options. But they stopped short of removing the cloud that for nearly
a year has hung over the company's chief executive, Steven P. Jobs.
Lawyers for the Securities and Exchange Commission filed a lawsuit
that spelled out their case against two former Apple executives in
connection with fraudulent dating of options. One defendant, Nancy R.
Heinen, Apple's general counsel until last May, will contest the
accusations; the other, Fred D. Anderson, chief financial officer
from 1996 to 2004, reached a settlement without admitting or denying
wrongdoing.
In its 20-page complaint, the agency presents a detailed version of
events surrounding two options grants in 2001 - one benefiting Mr.
Jobs, the other his top managers - for which documents were created
or altered to establish action by Apple's board on dates when none
occurred.
On a central point - whether Mr. Jobs understood the accounting
implications of dating options grants - the complaint offers no
evidence. But Mr. Anderson's lawyer, in a statement yesterday, turned
the focus back on the Apple chief by asserting that Mr. Anderson had
"cautioned" Mr. Jobs about necessary procedures, including the need
for board approval to be confirmed "in a legally satisfactory method."
While the lawsuit portrays Mr. Jobs as having been involved in the
retroactive choice of a date for one grant, it does not show that he
had any knowledge of or involvement in the fabrication of documents.
Instead, it paints a picture of Ms. Heinen acting on her own.
The S.E.C. would not say whether other individuals could still face
action. But its move against the two former executives could signal
that the Justice Department is winding down a parallel criminal
investigation into Apple's handling of options. In other similar
cases, like those involving Brocade Communications Systems and
Comverse Technology, the two agencies filed charges against top
executives at the same time. A Justice Department spokeswoman
declined to comment.
Unless the government can move beyond evidence of passive and
indirect involvement, some legal experts say, a case against Mr. Jobs
might be difficult to win.
...
http://www.nytimes.com/2007/04/25/technology/25apple.html?ex=1335153600&en=c5f0bab9c91bb4b0&ei=5090
------------------------------
Message: 12
Date: Wed, 25 Apr 2007 22:01:46 -0400
From: Monty Solomon <[EMAIL PROTECTED]>
Subject: [Medianews] Don't Blame Hip-Hop
To: undisclosed-recipient:;
Message-ID: <[EMAIL PROTECTED]>
Content-Type: text/plain; charset="us-ascii"
Music
Don't Blame Hip-Hop
By KELEFA SANNEH
The New York Times
April 25, 2007
Hip-hop has been making enemies for as long as it has been winning
fans. It has been dismissed as noise, blamed for concert riots,
accused of glorifying crime and sexism and greed and Ebonics. From
Run-D.M.C. to Sister Souljah to Tupac Shakur to Young Jeezy, the
story of hip-hop is partly the story of those who have been
irritated, even horrified, by it.
Even so, the anti-hip-hop fervor of the last few weeks has been
extraordinary, if not quite unprecedented. Somehow Don Imus's
ill-considered characterization of the Rutgers women's basketball
team - "some nappy-headed hos" - led not only to his firing but also
to a discussion of the crude language some rappers use. Mr. Imus and
the Rev. Al Sharpton traded words on Mr. Sharpton's radio show and on
"Today," and soon the hip-hop industry had been pulled into the fray.
Unlike previous hip-hop controversies, this one doesn't have a
villain, or even a villainous song. The current state of hip-hop
seems almost irrelevant to the current discussion. The genre has
already acquired (and it's fair to say earned) a reputation for bad
language and bad behavior. Soon after Mr. Imus's firing, The Daily
News had Senator Hillary Rodham Clinton, Democrat of New York,
splashed on its cover alongside the hip-hop producer Timbaland, whose
oeuvre includes some Imusian language. He had helped arrange a
fund-raiser for her and apparently was now a liability. Oprah Winfrey
organized a two-show "town meeting" on what's wrong with hip-hop -
starting with the ubiquity of the word "ho" and its slipperier
cousin, "bitch" - and how to fix it. The hip-hop impresario Russell
Simmons, who appeared on the show, promised to take action, but last
Thursday a planned press conference with hip-hop record label
executives was canceled at the last minute, with scant explanation.
...
http://www.nytimes.com/2007/04/25/arts/music/25hiph.html?ex=1335153600&en=703cbcaaeb743d7a&ei=5090
------------------------------
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End of Medianews Digest, Vol 244, Issue 1
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