It’s pretty much the same Apple iPad tablet — except it’s lighter, cheaper, and fits comfortably in one hand.
That’s how Apple CEO Tim Cook introduced the newest member of the iPad tablet lineup, the iPad Mini, during an Apple press event on October 23.
Less than a year after the newest iPad — the iPad 3 — was launched, Apple unveiled again today the latest update to the world’s most popular tablet. Dubbed the iPad 4, Apple’s newest gadget is not much of a design or functionality overhaul compared to its predecessor but instead offers hardware and performance upgrades.
Millions of people around the world now own an Apple iPad 2. So what do you do to your gadget if you want to stand out and flaunt your wealth?
The answer: plaster it with 24-karat gold, replace the Apple logo with 24-karat diamonds, pepper the frame with the oldest rock in the world and top it off with bones of a dino — wait for it — saur!
Yes, the most expensive iPad 2 — containing gold, diamonds, prehistoric rocks and bones of an extinct animal — is now for sale at £5 million (GBP UK pounds) or approximately US$7.8 million.
“iResign.”
That’s the essence of the announcement made by Steve Jobs on August 24, 2011 when he officially relinquished his post as Apple Inc.’s Chief Executive Officer (CEO). As he steps down, we look back at the plethora of achievements that Jobs scored for the tech company during the past fourteen years that he was CEO.
Here are three of Jobs’ best achievements as Apple CEO with regard to the Apple stock (AAPL).
Achievement #1: Under Jobs’ helm, the Apple stock (NASDAQ: AAPL) skyrocketed in price from $5 in September 1997 after Jobs was officially appointed as interim CEO to around $376 on the day of his resignation. That translates to a total price growth of 7,420% during the 14-year period or a compounded annual growth rate (CAGR) of 36.15%. So if you invested $1,000 back in 1997, this is now worth a whopping $75,200.
Apple Inc., maker of the iconic iPod and iPad, has more available cash than the United States government.
As of June 25, 2011, Apple boasts of cash reserves totaling $75.876 billion.
The Treasury Department of the U.S. government, on the other hand, reports a total operating balance of only $73.768 billion — around $2 billion less than what Apple owns.
Steve Jobs’ announcement of the launch of the new Apple iPad 2 last March 2 sent the Apple stock (Stock Code: AAPL) rising 0.80% to $352.12 at the close of the announcement day.
A total of 15 million Apple iPad units were sold during the first nine months of its release, according to Apple CEO Steve Jobs. That’s more than the total number of all other tablet PC sales combined.
But Apple seems bent on dominating that market further. Less than a year after the first Apple iPad was released, here comes a thinner, lighter and superbly faster upgrade: the Apple iPad 2.
Yesterday I received a forwarded email showing Photoshopped pictures of tech icons Steve Jobs and Bill Gates delivering jokes about being rich. A sample of their “conversation:”
Steve Jobs: Remember when we were poor?
Bill Gates: No.
Steve Jobs: Me neither.
(Both laugh.)
Hilarious, indeed. And another one:
