October172011

WRAPUP 3-World mourns Steve Jobs; Apple shares edge higher


* Jobs praised as “a dreamer and a doer” * Apple shares up 1 percent (Updates links to stories, graphics, Breakingviews; updates shares) By Jennifer Saba NEW YORK, Oct 6 (Reuters) - Outpourings of public grief and appreciation swept the globe on Thursday after the death of Apple (AAPL.O) co-founder Steve Jobs. Jobs, who touched the daily lives of countless millions of people through the Macintosh computer, iPod, iPhone and iPad, died on Wednesday at age 56 after a long battle with pancreatic cancer. He stepped down as Apple chief executive in August. Reaction in the stock market was muted as Apple shares quickly recovered from an initial 1.5 percent decline. The shares were up 1 percent to $382.15 at midday. In New York City, an impromptu memorial made from flowers, candles and a dozen green and red apples was erected outside a 24-hour Apple store on Manhattan’s Fifth Avenue, with fans snapping photos of it on their iPhones. “It was really sad news for us,” said Daiichiro Tashiro, 25, visiting from Tokyo. “A lot of Japanese use the iPhone. We’re here to thank him.” <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Obituary [ID:nN1E79424F] Apple’s lead over rivals could narrow [ID:nL3E7L61B9] Breakingviews - Apple’s impact [ID:nN1E7950GQ] Jobs a god for designers [ID:nL5E7L6347] Factbox - Apple’s history and milestones [ID:nN1E794246] Graphic - Jobs profile link.reuters.com/tag34s ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> Tributes poured in both from ordinary people and from the pinnacles of the business and political worlds. “He’s the hero to everybody of this generation because he did something that I think is very hard, which is be both a dreamer and a doer,” General Electric Co (GE.N) CEO Jeff Immelt told reporters in Columbus, Ohio, on Thursday. “I wouldn’t be able to run my business without Apple, without its software,” said David Chiverton, who was leaving Apple’s flagship Regent Street store in London. “I run a video production company. It’s allowed me to have my dream business.” News Corp CEO Rupert Murdoch said, “Steve Jobs was simply the greatest CEO of his generation.” At an Apple store in Sydney, lawyer George Raptis, who was five years old when he first used a Macintosh computer, spoke for almost everyone who has come into contact with Apple. “He’s changed the face of computing,” he said. “There will only ever be one Steve Jobs.” U.S. President Barack Obama remembered Jobs as a visionary. “Steve was among the greatest of American innovators — brave enough to think differently, bold enough to believe he could change the world, and talented enough to do it,” Obama said in a statement. Microsoft’s (MSFT.O) Bill Gates, who once triumphed over Jobs but saw his legendary status overtaken by the Apple co-founder in recent years, said, “For those of us lucky enough to get to work with him, it’s been an insanely great honor.” Nokia (NOK1V.HE) CEO Stephen Elop, whose company competes with Apple’s iPhone in the handset market, said, “The world lost a true visionary today. Steve’s passion for simplicity and elegance leaves us all a legacy that will endure for generations.” When he stepped down as CEO in August, Jobs handed the reins to long-time operations chief Tim Cook. With a passion for minimalist design and a genius for marketing, Jobs laid the groundwork for the company to continue to flourish after his death, most analysts and investors say. But Apple still faces challenges in the absence of the man who was its chief product designer, marketing guru and salesman nonpareil. Phones running Google’s (GOOG.O) Android software are gaining share in the smartphone market, and there are questions about what Apple’s next big product will be. LEGENDARY ENTREPRENEUR A college drop-out and the son of adoptive parents, Jobs changed the technology world in the late 1970s, when the Apple II became the first personal computer to gain a wide following. He did it again in 1984 with the Macintosh, which built on breakthrough technologies developed at Xerox Parc and elsewhere to create the personal computing experience as we know it today. The rebel streak that was central to his persona got him tossed out of Apple in 1985, but he returned in 1997 and after a few years began the roll-out of a troika of products — the iPod, the iPhone and the iPad — that again upended the established order in major industries. A diagnosis of a rare form of pancreatic cancer in 2004 initially cast only a mild shadow over Jobs and Apple, with the CEO asserting that the disease was treatable. But his health deteriorated rapidly over the past several years, and after two temporary leaves of absence he stepped down as CEO and became Apple’s chairman in August. Jobs’s death came just one day after Cook presented a new iPhone at the kind of gala event that became Jobs’s trademark. Perhaps coincidentally, the new device got lukewarm reviews, with many saying it wasn’t a big enough improvement over the existing version of one of the most successful consumer products in history. Apple paid homage to its visionary leader by changing its website to a big black-and-white photograph of him with the caption “Steve Jobs: 1955-2011.” On Google’s home page, the same line appeared just below its search box. It was a link to the Apple site. (For related stories, see TAKE A LOOK at [ID:nN1E79421F].)

3PM

WRAPUP 3-World mourns Steve Jobs; Apple shares edge higher


* Jobs praised as “a dreamer and a doer” * Apple shares up 1 percent (Updates links to stories, graphics, Breakingviews; updates shares) By Jennifer Saba NEW YORK, Oct 6 (Reuters) - Outpourings of public grief and appreciation swept the globe on Thursday after the death of Apple (AAPL.O) co-founder Steve Jobs. Jobs, who touched the daily lives of countless millions of people through the Macintosh computer, iPod, iPhone and iPad, died on Wednesday at age 56 after a long battle with pancreatic cancer. He stepped down as Apple chief executive in August. Reaction in the stock market was muted as Apple shares quickly recovered from an initial 1.5 percent decline. The shares were up 1 percent to $382.15 at midday. In New York City, an impromptu memorial made from flowers, candles and a dozen green and red apples was erected outside a 24-hour Apple store on Manhattan’s Fifth Avenue, with fans snapping photos of it on their iPhones. “It was really sad news for us,” said Daiichiro Tashiro, 25, visiting from Tokyo. “A lot of Japanese use the iPhone. We’re here to thank him.” <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Obituary [ID:nN1E79424F] Apple’s lead over rivals could narrow [ID:nL3E7L61B9] Breakingviews - Apple’s impact [ID:nN1E7950GQ] Jobs a god for designers [ID:nL5E7L6347] Factbox - Apple’s history and milestones [ID:nN1E794246] Graphic - Jobs profile link.reuters.com/tag34s ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> Tributes poured in both from ordinary people and from the pinnacles of the business and political worlds. “He’s the hero to everybody of this generation because he did something that I think is very hard, which is be both a dreamer and a doer,” General Electric Co (GE.N) CEO Jeff Immelt told reporters in Columbus, Ohio, on Thursday. “I wouldn’t be able to run my business without Apple, without its software,” said David Chiverton, who was leaving Apple’s flagship Regent Street store in London. “I run a video production company. It’s allowed me to have my dream business.” News Corp CEO Rupert Murdoch said, “Steve Jobs was simply the greatest CEO of his generation.” At an Apple store in Sydney, lawyer George Raptis, who was five years old when he first used a Macintosh computer, spoke for almost everyone who has come into contact with Apple. “He’s changed the face of computing,” he said. “There will only ever be one Steve Jobs.” U.S. President Barack Obama remembered Jobs as a visionary. “Steve was among the greatest of American innovators — brave enough to think differently, bold enough to believe he could change the world, and talented enough to do it,” Obama said in a statement. Microsoft’s (MSFT.O) Bill Gates, who once triumphed over Jobs but saw his legendary status overtaken by the Apple co-founder in recent years, said, “For those of us lucky enough to get to work with him, it’s been an insanely great honor.” Nokia (NOK1V.HE) CEO Stephen Elop, whose company competes with Apple’s iPhone in the handset market, said, “The world lost a true visionary today. Steve’s passion for simplicity and elegance leaves us all a legacy that will endure for generations.” When he stepped down as CEO in August, Jobs handed the reins to long-time operations chief Tim Cook. With a passion for minimalist design and a genius for marketing, Jobs laid the groundwork for the company to continue to flourish after his death, most analysts and investors say. But Apple still faces challenges in the absence of the man who was its chief product designer, marketing guru and salesman nonpareil. Phones running Google’s (GOOG.O) Android software are gaining share in the smartphone market, and there are questions about what Apple’s next big product will be. LEGENDARY ENTREPRENEUR A college drop-out and the son of adoptive parents, Jobs changed the technology world in the late 1970s, when the Apple II became the first personal computer to gain a wide following. He did it again in 1984 with the Macintosh, which built on breakthrough technologies developed at Xerox Parc and elsewhere to create the personal computing experience as we know it today. The rebel streak that was central to his persona got him tossed out of Apple in 1985, but he returned in 1997 and after a few years began the roll-out of a troika of products — the iPod, the iPhone and the iPad — that again upended the established order in major industries. A diagnosis of a rare form of pancreatic cancer in 2004 initially cast only a mild shadow over Jobs and Apple, with the CEO asserting that the disease was treatable. But his health deteriorated rapidly over the past several years, and after two temporary leaves of absence he stepped down as CEO and became Apple’s chairman in August. Jobs’s death came just one day after Cook presented a new iPhone at the kind of gala event that became Jobs’s trademark. Perhaps coincidentally, the new device got lukewarm reviews, with many saying it wasn’t a big enough improvement over the existing version of one of the most successful consumer products in history. Apple paid homage to its visionary leader by changing its website to a big black-and-white photograph of him with the caption “Steve Jobs: 1955-2011.” On Google’s home page, the same line appeared just below its search box. It was a link to the Apple site. (For related stories, see TAKE A LOOK at [ID:nN1E79421F].)

October132011

Apple’s iPhone 4S goes on sale, fans say tribute to Jobs


* Sales start Australia, first of seven countriesSYDNEY, Oct 14 (Reuters) - Apple Inc’s iPhone 4S finally hit stores around the globe on Friday, with fans expected to snap up the final gadget unveiled during Steve Jobs’ lifetime, many buying the phone as a tribute to the former Apple boss.”I think a lot of people are going to buy the iPhone 4S because it was the last iPhone Steve worked on,” said Wil Batterham, 15, camped outside the Sydney Apple store. “People are saying it was named after him, like iPhone 4S, for Steve.”Apple’s 13 Australian stores will be the first to open their doors at 8.00 a.m. local time (2100 GMT, Thursday) to sell the iPhone 4S.CEO Tim Cook and his executive team hope the first device launched without Apple’s former visionary leader at the helm, will safeguard their global market share lead.The iPhone 4S — introduced to the world just a day before Jobs died — was dubbed a disappointment because it fell short of being a revolution in design, but glowing reviews centered around its “Siri” voice-activated software have since helped it set a record pace in initial, online sales orders.Apple fans showed no disappointment in Sydney on Friday as they queued to purchase a new phone, ahead of sales in Japan, Germany, France, Britain and North America.Apple said it did not release sales figures on launch day, so gauging the initial sales may be difficult. Apple said it had taken more than 1 million online orders in the first 24 hours after its release, exceeding the 600,000 for the iPhone 4, though that model was sold in fewer countries.Some analysts expect fourth-quarter iPhone shipments of as much as 30 million or more, almost double from a year ago.Apple’s fifth-generation iPhone uses chips from Qualcomm Inc , Toshiba and a host of smaller semiconductor companies, according to repair firm iFixit, which cracked the device open on Thursday.First-day sales of Apple gadgets are typically a jubilant celebration around the world, but Apple has conspicuously avoided any mention or showcase of Jobs for the iPhone 4S global sales, preferring a more “business as usual” approach.However Apple fans in Sydney made sure Jobs was part of the launch, with a small flower, candle and photo shrine outside the glass-fronted store.”We decided to do it because of Steve,” said Tom Mosca, 15, sitting on a sleeping mat beside the front door, where he has camped for three nights. “It was the last phone that he had an effect on and designed so we just thought it would be nice.”SPEECH RECOGNITION A WINNERAnalysts say Cook needs to move out from under his former mentor’s enormous shadow soon, and avoid clinging to the Jobs’ mystique to preserve its brand.More immediately, with Google Inc Android phones gaining momentum, Apple needs the iPhone 4S to be a blockbuster.The iPhone — seen as the market’s gold standard — is its highest-margin product and accounts for 40 percent of its annual revenue. It is the world’s biggest selling smartphone, maintaining a slim market-share lead over Samsung’s Galaxy, at 18.4 versus 17.8 percent worldwide.In a sign of how tough the competition is, two doors along from the Sydney Apple store, Samsung has been selling its new Galaxy SII for only A$2 to its first 10 customers each day, prompting Samsung fans to also camp out on the footpath.But analysts point to several factors in Apple’s favor: a $199 price that matches up well with rival devices such as Amazon.com Inc’s “Fire” tablet; availability promised on more than 100 carriers by the end of 2011, far more than its predecessors; and glowing reviews.Apple’s iconic smartphone comes with a faster processor and a better and more light-sensitive camera, but little else to separate it from its predecessor. But tech experts say the real gems lie beneath the phone’s familiar sleek casing.Influential reviewers Walt Mossberg and David Pogue raved about “Siri” — a voice-command activated assistant that responds to spoken commands and questions in context, such as queries about the weather or a friend’s phone number.But Mossberg added that “despite Siri, the iPhone 4S isn’t a dramatic game-changer”.

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