Apple iWatch, beware. Samsung plans to clock you

Apple iWatch, beware. Samsung plans to clock you
Now that Samsung has said it's working on a high-tech watch, one that presumably will pack smartphone features, 2013 could shape up as the year of smartwatch wars, with longtime foes Apple and Samsung leading the battle. The motivation, Wall Street analysts argue, is that the biggies need another act as growth of smartphones sales are already slowing. Could smartwatches become that act? It might sound like a long shot; many people already are abandoning watches and relying on their phones instead. And in an age of ever-expanding phone screens, a device for the wrist comes with obvious limitations. Yet Samsung is publicly prepping for this fight. Apple has been mum amid a slew of reports that it has a team in Cupertino, Calif., working on the iWatch, or whatever it might be called. Startup Pebble, meanwhile, has already gained a big fan base, showing that an app-filled watch that's linked to a smartphone certainly has some eager customers.For Samsung, however, this is hardly new terrain. Go back in Samsung history -- to the heady days of 1999 -- and you'll find that Samsung was already pushing a Dick Tracy-like device. Why? Because the wireless market was "saturated." Here's Samsung's press release about its first watch phone, the SPH-WP10:The SPH-WP10 is Samsung's first product developed as part of a market segmentation strategy designed to respond to the nearly saturated domestic market for wireless handsets. The new product signals new marketing approaches by domestic manufacturers to target specific generations of mobile telecommunications service users. At the very end of the announcement, the company adds: "Samsung officials expect their new watch phone to be a big hit with the youth market."With 90 minutes of talk time, a design that would probably get you an extra-special pat down when going through airport security, and a $700 price tag, the SPH-WP10 obviously did not set the world (or the youth market) on fire. Samsung tried again a decade later with the S9110, a much more svelte design that had nearly three times the talk time of the SPH-WP10, but still cost more than $600. Surprisingly, it never made it to the U.S., and was only available in France. Samsung's belief that the domestic handset market was "nearly saturated" was off too. That market was disrupted by the advent of smartphones, a market that's grown so fast, and so large, that it overtook feature phones in worldwide sales in the fourth quarter of 2012, according to IDC. So why return to a product genre that failed to catch on twice, and as recently as four years ago? Things have changed, and so has Samsung.In 1998 -- the year before its first watch-phone -- Samsung had just 60,000 employees and made $16.6 billion in revenue in the U.S. Now it has 236,000 employees, and did more than $188 billion in sales last year alone. Smartphones and other mobile devices made up nearly half of that. A brief history of smartwatches (picture...See full gallery1 - 4 / 20NextPrevOn the business side, analysts now guesstimate that there's about $56 billion a year to be made (or taken away from) in the watch market. Marshal Cohen, chief industry analyst with The NPD Group, suggests it might be $40 billion, and says that market has been falling since 2006, right before smartphone popularity exploded. "The watch business took a double whammy. It took a hit in functionality from smartphones, and then another from the economy," Cohen told CNET.The new hope, perhaps, is that the money comes on top of what people spend on smartphones, not instead of them. And that market could be even bigger if you figure that people would buy them instead of MP3 players and other small, portable electronics, says Bernstein Research analyst Toni Sacconaghi.That very idea is something that sets the modern-day smartwatch apart from Samsung's past, failed efforts. Consumers don't necessarily want a mashup of a phone and watch with limited capabilities. But a watch that promises to enhance the smartphone experience is an easier sell. More recently, companies have run with that idea, shying away from trying to shoehorn the phone inside a watch, choosing instead to link up to people's smartphones using Bluetooth. There's good reason for that strategy. You can run big, beautiful apps on the phone, taking advantage of its large display, powerful processor, and always-on data connection, but keep what you do on the watch limited to things that suit the smaller size. So while playing Real Racing 3 on the watch may not be a good idea, quickly glancing over to see a text message is more convenient. Smartwatch maker Pebble did this to create a small device with a handful of bite-size apps, but where most of the heavy lifting is happening on the phone. Does everyone now have a Pebble? No, but its Kickstarter campaign very quickly raised more than $10 million, well beyond the upstart's expectations. That brings us to Apple, which is reportedly working on its own wearable device to release later this year. How exactly it will fit in with Apple's ecosystem is unclear, specifically because the big assumption is that it will be able to run iOS apps, just like the iPhone and iPod Touch. The only problem with that theory is Apple's track record of segregating its cheaper, smaller devices with completely different software.The iPod Nano, which has been the shining example of where Apple's watch efforts would ascend from, runs a special operating system. The latest version may look a bit like the iOS that Apple uses on the iPhone and iPad, but there's no way to expand its features through something like the App Store. And it's still entirely dependent on Apple's iTunes desktop software to get it up and running. If Apple's watch will be a companion to a smartphone or a computer, it could follow suit.Samsung's modus operandi is to try things out and see what sticks.<br />But Apple has some serious incentive to veer from that strategy and expand the iOS platform, said Barclays analyst Ben Reitzes. In a note to investors last month, Reitzes noted that the firm was tracking a high rate of customers coming back to buy these types of devices every few years, and by broadening iOS, Apple could set up a nice recurring business -- kind of like subscriptions. "We believe that Apple actually has recurring revenue in the 40 percent range overall -- much higher than most likely believe," Reitzes said. "If the company can continue to add new products and services -- the repeating nature should only grow."Therein lies one of the differences between Apple and Samsung though. Where Apple has shown high reservation in expanding its product lines (see the iPhone and iPad as the most recent example of that) and marketed them based on that very simplicity, Samsung's modus operandi is to try things out and see what sticks. It may have some strange side effects like featuritis and devices that just don't take off, but that very strategy has led to seemingly improbable successes like the Galaxy Note. Whether it will pay off with something you strap to your wrist, well, only time will tell.This content is rated TV-MA, and is for viewers 18 years or older. Are you of age?YesNoSorry, you are not old enough to view this content.Play


Jet lag- There's an app for that

Jet lag? There's an app for that
Whether you're travelling for business or pleasure, jet lag can cause a serious crimp in your plans, knocking you out with tiredness when you want to be awake and keeping you wide awake when you want to be asleep â€" and, for those who travel a lot, it can cause depression.But a new app developed by researchers at the University of Michigan could seriously speed up the recovery time.Jet lag is caused when the body's circadian rhythm becomes out of sync with the time zone. By carefully exposing the jet lag sufferer to certain types of light during certain times of the day, the jet lag recovery time can be cut right down."Overcoming jet lag is fundamentally a maths problem and we've calculated the optimal way of doing it," said Danny Forger, a professor of mathematics at the University of Michigan College of Literature, Science, and the Arts. "We're certainly not the first people to offer advice about this, but our predictions show the best and quickest ways to adjust across time zones."The app, called Entrain, is based on entrainment, or realigning the circadian rhythm with the time of day. Forger and Yale doctoral student Kirill Serkh worked on the idea that light is the strongest signal to regulate circadian rhythms.It involves creating a schedule where the sufferer seeks certain types of light for a block of time each day. For one block of time, they are to spend time in bright, outdoors-style light, such as a therapeutic lightbox, and for the second block of time, the dimmest light possible. You do not have to be asleep during this time, and you can block out blue wavelength light â€" the type of light most associated with daylight â€" by wearing pink-tinted glasses.The user will need to enter a few details into the app â€" such as the typical hours of light and darkness in their "home" timezone, where they are travelling to and for how long, as well as the brightest light they expect to spend the most time in. The app will then calculate a plan for your light exposure and how long it ought to take you to readjust.The researchers illustrate this with a circle representing the circadian rhythm, with the central point being the time of day when your body is at its lowest temperature, around two hours before you wake up. When you have jet lag, that time changes drastically â€" you could be at your lowest temperature at 3pm. "The way other approaches get these points to line up again is by inching along on the outside of the circle, sometimes pushing you towards and sometimes pulling you away from the target. But our schedules can just cut through the middle," said Olivia Walch, a mathematics doctoral student who built the app. "This is almost like a body hack to get yourself entrained faster."The full study can be read online in the journal PLOS Computational Biology. Entrain is available for free from the iTunes app store.


Apple TV set may not launch until 2014, says analyst

Apple TV set may not launch until 2014, says analyst
Consumers waiting for a TV set from Apple may have to sit tight for a couple more years.Apple won't launch any type of TV this year, says J.P. Morgan analyst Mark Moskowitz. Instead, the company is likely to build up to such a product in two separate phases.First, Apple would expand its current TV box by launching a more advanced set-top module sometime in 2013 at the earliest. Then the company could unveil a full-blown TV with a display and speakers in 2014 or later, the analyst said in a research note released today.Why no Apple TV sooner than 2014? Moskowitz doesn't think the company would turn enough of a profit in the market as it currently stands."We believe that the economics of the TV industry are strained, despite there being suitable offerings from the likes of Sony, Sharp, and Samsung," the analyst said. "Overall, we would be surprised to see Apple enter a new market unless the value proposition could support double-digit operating margins. In TVs, that bogey is rather elusive, in our view."Further, for customers to shell out money for a pricey Apple TV, the typical user interface would have to be redesigned, TV programs and digital content would need to be better integrated, and voice and gesture controls would have to be part of the package."Until such time, we are skeptical that end customers would be willing to pay the Apple premium for a TV," Moskowitz added. "Despite our current skepticism, we think that if any company can radically alter the TV landscape, it is Apple."Related storiesApple TV set chatter heats up with rumored content talksApple TV sets will be mighty pricey, analyst saysCNET review: Apple TV (2012)So, what might Apple focus on next?The company could finally dive into the world of mobile payments, aka near-field communications.Moskowitz believes Apple may unveil a mobile payment system, which J.P. Morgan has dubbed "iPay." Such a system would tap into NFC-enabled smartphones and tablets to let Apple users pay for goods and services on the go.So far, the necessary NFC hardware has popped up in Android phones and is slated for a variety of other devices. Apple has been typically mum about whether it might adopt the mobile payments technology, but reports have suggested the next iPhone could include NFC. Apple has filed a patent application that would let iTunes users send purchases as gifts through NFC or e-mail, according to Patently Apple.


Spotify hires Fox dealmaker to court distribution partners

Spotify hires Fox dealmaker to court distribution partners
Spotify has hired one of Rupert Murdoch's execs to spearhead its attempt to break away from the start-up pack and give bigger rivals like Pandora or iTunes a run for their money. Jorge EspinelLinkedIn Jorge Espinel, previously the head of 21st Century Fox and News Corp.'s digital strategy, is now in charge of global business development at Spotify. Spotify confirmed the hire to CNET, and Espinel listed the job on his LinkedIn profile Thursday. For all its success elbowing to the front of a pack of streaming music start-ups, Spotify far lags the numbers put up by Pandora, Sirius XM or iTunes for users.Spotify rapidly ramped up to more than 6 million paid subscribers and more than 24 million active users, but that pales to Pandora Internet radio's 71 million active listeners, for example.To rise to the fore of music-streaming startups, Spotify sealed parternships with European mobile telecommunications companies like Vodafone, Orange, Telia and Telefónica, which bundled Spotify with their services and helped propel the Stockholm-based service to the kind of reach it has now. It enjoys very high adoption in areas like Sweden, its home turf. Related storiesSpotify has much to do before U.S. launchWas Spotify too optimistic about U.S. launch?Pandora spurs music sales; Spotify not so muchBut telecoms in the US haven't greeted Spotify with the same open arms. The company hasn't sealed any similar deals yet in the US, holding back its penetration in the world's biggest music market. Espinel will be based in New York and run business development for Spotify globally. He reports to Jeff Levick, Spotify's head of sales, marketing and international growth. The news was reported earlier by AllThingsD.


iPhone 3GS firmware 3.1 jailbreak available--sort of

iPhone 3GS firmware 3.1 jailbreak available--sort of
The tool creates a custom firmware from the version 3.1 firmware released by Apple. To install it, you put the phone into recovery mode (turn it off, then plug it in while holding down the Home button) and use iTunes to restore the phone with the custom firmware (hold down the Option key while clicking on the Restore button).The custom firmware, apart from jailbreaking, will not upgrade the baseband--the chip that connects the phone to a service provider--and therefore still allows the phone to be unlocked.But there's a catch here. The tool only works with the iPhone 3GSthat has been jailbroken with the firmware version 3.0 or 3.0.1. This means if you buy a new iPhone 3GS that already has version 3.1 on it or you have updated to version 3.1 using iTunes, there's still no way to have your phone jailbroken. There's even a rumor that there might never be one, unless a new exploit is found. If this is true, it seems Apple has finally been able to gain significant ground in stopping the practice it claims could pose a threat to national security. And for thousands, if not millions of iPhone 3GS users who rely on jailbreaking and unlocking to use their phones with the service of their choice, this is sad news. Note that this development only applies to the iPhone 3G, 3GS and the iPod Touch 2G and 3G. The iPhone 2G, and other generations of the iPod Touch can now be jailbroken regardless of what versions of firmware they run.Apart from allowing for unlocking, which makes the iPhone work with any cell service provider, jailbreaking allows the device to support third-party applications not available at Apple's App Store. Examples of functions offered by these apps include tethering, video recording for the iPhone 3G and 2G, running multiple applications in the background, changing the display themes, and so on. Most are also free. The firmware version 3.1 for the iPhone 3G and 3GS is a significant update as it adds multimedia messaging to the phone, tempting a lot of jailbroken iPhone usersto do the upgrade before the Dev Team could find a way to jailbreak the firmware. On the downside, firmware 3.1 seems to drain the phone's battery life really fast.


Web site presents 'all sides' of election news (podcast)

Web site presents 'all sides' of election news (podcast)
John Gable doesn't believe that there is really such a thing as objective journalism."There's a great group of reporters that have really tried to be unbiased but as an individual," he said, "it's impossible to do that and do that reliably."He feels that voters would be better off if they knew where writers and editorial organizations are coming from, so he built a "bias engine" to calculate that so his new site, Allsides.com, can link to articles from the left, right, and center "and bring the best of all opinions together so you can see the different points of view." Allsides founder John GableAllsides.comThe bias calculations are based on crowd sourcing. "We are not deciding who's left, who's right and who's middle.We have people online looking at articles and evaluating what's left and what's right... and we have that done by a lot of different people many times."The evaluators themselves take tests and quizzes so Allsides knows their biases.Articles are presented next to each other along with fact checker arguments so, "you get to decide," according to Gable.The bias engine is pretty good but not perfect.One day it rated an article by Fox commentator Juan Williams as from the right. Although that designation may apply to the news organization itself, it doesn't apply to Williams.Gable said that this is one of the reasons why the service is still in "beta" and that they are in the process of ranking individual commentators as well as the new organizations they work for.For more, listen to my seven-minute interview.Listen nowYour browser does not support the audio element.Subscribe now:iTunes (audio) |RSS (audio) RSS (audio)


Watch Xvid videos on your iPad

Watch Xvid videos on your iPad
The iPad may work wonders as a mobile video player, but it's rather hamstrung by the limited number of video file formats it supports.Indeed, unless you convert all your videos to MP4 format (a lengthy and sometimes fruitless process) or stream them via an app like Air Video (not an option when you're offline), you're sorta outta luck.Enter CineXPlayer, an iPad video player with native support for the popular Xvid (AVI) format. It's free, and it's fantastic.Start by copying videos to your iPad by way of iTunes' File Sharing feature (which is accessible in the Apps tab once your device is connected). It's fast and easy--I loaded a couple gigabytes' worth of files in just a few minutes.The CineXPlayer app is about as bare-bones as can be, with little more than an alphabetical list of videos and a rudimentary set of playback controls: play/pause, volume, full-screen toggle, and a scrubber. Thankfully, it's clever enough to resume from where you left off.Not sure how to use the aforementioned File Sharing tool? Tap CineXPlayer's Add More Movies button for a video tutorial.I tested the app with a variety of Xvid-formatted videos, and every one of them played perfectly. Keep in mind, however, that owing to the numerous variables that go into Xvid encoding, you may encounter files that don't work. And the developer specifically notes that CineXPlayer doesn't yet support MKV video or AC3 audio.We hope it will soon. In the meantime, CineXPlayer is a must-have app for iPad owners who want a free and easy way to watch their Xvid vids on the go.


Copy songs from iTunes Radio with AirPlay Recorder

Copy songs from iTunes Radio with AirPlay Recorder
The AirPlay Recorder app was released last month for Android and now has come to OS X. It allows you to record a stream from iTunes Radio, saving songs for offline use. DoubleTwist AirPlay Recorder for Mac can be downloaded directly from the developer's site. You can try out the free version of the app, but it lets you record only the first 10 seconds of a song. The full version of AirPlay Recorder costs $9.99 and lets you record entire tracks. You'll need Mac OS X 10.7.3 or higher to run the app.When you launch AirPlay Recorder, it adds itself as an option to the AirPlay menu. Select it as your AirPlay output choice and it will record songs as they play on iTunes Radio. The app creates a Recorder folder in your Music folder where it puts copies of the songs it downloads.Screenshot by Matt Elliott/CNETAirPlay Recorder records songs in real time, and it can't record a song that is playing before it is selected as your AirPlay option. Thus, you can't choose which songs to record during an iTunes Radio stream, but can record them only as they stream by. Also, because AirPlay Recorder must be selected as your AirPlay output, you can't listen to songs and record them at the same time. On a positive note, AirPlay Recorder recognizes ads as being too short to be a song and doesn't record them.One question remains: Is this legal? Addressing this concern, company co-founder and President Monique Farantzos told Engadget in January when the Android app launched, "Recording has been around for decades, from audio cassettes (remember mixtapes?) to TuneIn radio's recording feature. Given that Apple built their iPod empire on letting millions of people rip CDs based on fair use, we don't see how they could object to this app."Via MacRumors.


CoPilot Live HD, first iPad navigation app, approved

CoPilot Live HD, first iPad navigation app, approved
Having survived the crucible that is Apple's App Store approval process, CoPilot Live HD has become the first available iPad-specific GPS application. The app is a reworking of the iPhone version of the CoPilot Live app for iPhone, featuring a revised interface that takes better advantage of the iPad's larger screen.The app features 2D and 3D maps of North America stored locally on the device, so users won't need to maintain a data connection while navigating from point A to B. However, the app will need to make use of the iPad's GPS antenna for positioning, so this is a purely iPad 3G affair. Sorry, iPad Wi-Fi users.CoPilot Live HD works in portrait or landscape modes with four different split-screen combinations.Like any iPad app worth its salt, the app functions in portrait and landscape modes and features pinch-to-zoom on its maps. You can choose your destination from a preloaded database of thousands of points of interest, by imputing an address, or by using Live Local search to pluck an address from the web. There's also a trip planner function that allows you to enter multiple destinations and have the app sort them in the most efficient order--this is a great feature for running daily errands without running all over town. While navigating, you get spoken turn-by-turn directions, graphic lane guidance at major highway intersections, and access to music controls from within the app. There's also Live Local Weather that can be accessed from within the app. Because everything needs to have a social networking spin these days, CoPilot has also included a location-sharing service called LiveLink that updates your Facebook status--presumably with your destination and ETA.To keep the app's maps accurate, you also get access to free monthly map improvements and quarterly full-map updates through the end of 2010. CoPilot Live HD North America has been approved and is now available in iTunes for $29.99.


Apple Store offline ahead of expected iPhone 6 preorder rush

Apple Store offline ahead of expected iPhone 6 preorder rush
Per Apple's standard operating procedure before a major product offering, the home page for the company's online store was offline on Thursday evening, displaying the familiar "We'll be back" message. The move is apparently in preparation for the anticipated onslaught of preorders for the iPhone 6 and iPhone 6 Plus that will begin at midnight PT. The timing coincides with the preorder launch at Verizon Wireless, AT&T, Sprint, T-Mobile, and US Cellular, among other sellers. Customers also can place your order at a physical Apple retail store beginning at 8 a.m. local time on Friday. And several retailers also will get in on the act Friday in their physical stores, including RadioShack, Sam's Club, Target, and Walmart. Best Buy will offer online preorders for only the Sprint version of the iPhone 6 but will open up preorders for other devices in its physical stores on Friday.Apple unveiled both the iPhone 6 and 6 Plus on Tuesday. The iPhone 6 is equipped with a 4.7-inch Retina display, while the larger iPhone 6 Plus has a 5.5-inch Retina display. Both devices are a big jump over the 4-inch screen found in last year's iPhone 5S. In addition to being slimmer and lighter, both models also include a 64-bit A8 processor with improved graphics, an improved 8-megapixel rear camera, improved battery life, and an NFC chip that allows you to use the phone to make payments.The iPhone 6 is priced at $199 with a new two-year agreement, while the iPhone 6 Plus starts at $299.The iPhone 6 has the potential to be the biggest launch in Apple's 38-year history. Apple reportedly has asked manufacturing partners to produce about 70 million to 80 million units of its larger screen iPhones by December 30, which is about 30 percent to 40 percent more iPhones than it ordered for its initial run of last year's iPhone 5S and 5C.


Apple store anniversary poster chock-full of trivia

Apple store anniversary poster chock-full of trivia
A poster spotted in the back of one of Apple's retail stores has provided a number of interesting facts about the company's retail efforts, which turned 10 years old last month. MacRumors, which snagged the photo from a source, has shared an image of it (right), along with a full transcription of its text. Some of the more interesting bits include:• To make sure the full-scale front of the Regent Street store would look like it did in plans, the company built a full-sized replica in a parking lot nearby Apple's Cupertino, Calif., headquarters. • After the company noticed that the steel used in its first store was dulling, the company began using a different finishing process on it. "That's when we learned that blasting steel with virgin sand makes it less prone to scuff marks," the poster reads. • Apple closed down a street in Sydney to get the three-story pane of glass to go in the downtown retail store, along with building a special piece of machinery that could install it. • The company has found shirts with too many colors to be confusing, while blue shirts are "just right." Why no black T-shirts? They "blend in."• The Apple logo that's embroidered on store employee T-shirts takes 4,253 stitches. • Restoring the Paris Opera retail store involved more than 500,000 tiles. • The red phone that was previously placed behind the Genius Bar to give store employees a direct line to Apple's experts in Cupertino has been phased out in favor of making store employees more knowledgeable. • It's harder to get a gig working at an Apple Store than it is to work for Apple at its headquarters in Cupertino. "It can sometimes take two to three years to bring someone in. Not because they aren't right for Apple. But because we want to be sure the opportunity we have to offer is right for them," the poster reads. For more Apple store tidbits, including details on how they were almost cyber cafes, be sure to read our story from last month.


Apple stock to hit $600 today- Tomorrow- Friday-

Apple stock to hit $600 today? Tomorrow? Friday?
Let the guessing game begin.On December 23, 2011, Apple shares closed the day trading at $403.33. Less than two months later, this past February 13, the shares finished at $502.60. If you thought that was a steep climb, consider this: the company's stock price reached $594.72 earlier today, putting it within easy distance of $600.With Apple's latest iPad going on sale in a couple of days, another catalyst for the latest move came from Morgan Stanley. Analyst Katy Huberty lifted her target to $720 from $515. She also offered the bull case scenario for calendar 2013, putting it out there that Apple can make it to $960. The Morgan analyst likes Apple's ability to sell tablets into the enterprise as well as the potential for marketing lower-priced iPads. Also, she thinks the launch of an LTE-capable device sometime during the second half of this year will be good for an extra filip.Related storiesHere's who should buy the new iPadWant to buy a new iPad online? There's a wait for thatYou should still wait online, not in line, for a third-gen iPadWill you buy the new iPad? (poll)Apple at $600-and beyond?After cracking the $600 barrier, are Apple shares likely to head much higher?Separately, Canaccord Genuity analyst Michael Walkley went over to his dart board and raised estimates on Apple's stock to $710 from $665. Since the iPad launch last week, he said that his checks "have indicated record preorders with wait times for shipping iPad models now reaching 2-3 weeks. Given the new iPad's leading hardware specs and iOS developer and application ecosystems versus all tablet competitors, we anticipate Apple will continue to dominate both market and value share of the growing tablet market in calendar 2012-13."Hands on Apple's new iPad (photos)See full gallery1 - 4 / 23NextPrev


Apple stock slouches toward $500, near February lows

Apple stock slouches toward $500, near February lows
Even with Apple's top product arriving in more stores around the world, and its last products of the year shipping out, Wall Street's not so hot on the company today.Shares of Apple closed at $509.79, down $19.90, or 3.76 percent, on Friday. That's near where the stock was trading in February, ahead of the journey that would take it beyond its high of $702 in September. Of course everyone's looking for explanations behind the slump, a behavior that's become regular in the nearly three month span since the iPhone 5 went on sale. During that time, shares of Apple's stock have dropped more than 24 percent, including a 10 percent slip just last week. Some of the reasons include:Shareholders selling off their stock to avoid potential extra taxes next year given the "fiscal cliff"A lack of huge lines for the iPhone 5 in China, where it went on sale today Reports of decreased marginson Apple's products, leading to less profitLess demand for certain parts and components, suggesting a sales slowdownEarlier today UBS analyst Steven Milunovich made big cuts to the firm's forecast on Apple's device sales and stock target price. In a note to investors, Milunovich trimmed iPad estimates by 2 million units in the March, June, and September 2013 quarters, as well as the firm's stock target price, to $700, from $780. Related storiesAnalyst: iPad, iPhone, Apple to feel squeeze in 2013iPad Mini set to eclipse Retina iPadIn a note this morning, Piper Jaffray analyst Gene Munster offered a contrarian view, saying Apple will have a lot going for it in 2013, if shareholders are willing to believe."The bottom line is that we believe AAPL needs something that investors can look forward to in the numbers for the stock to work well," Munster wrote. "We are more optimistic about 2013 as we believe Apple will not only launch a television, but also a lower priced iPhone for prepaid markets in 2014 or potentially sooner."


Apple stock hits an all-time high

Apple stock hits an all-time high
Apple shares hit an all-time high today, underscoring the growing hype and anticipation over the company's next major product.The stock reached a peak of $413.23 before retreating slightly to $411.63--still up nearly 3 percent from the previous day--at the close of the trading session. The company finished the day with a market value of $381.62 billion. Last month, it passed Exxon Mobile as the most valuable company in the country; the other major tech company, Microsoft, has a market capitalization of $228 billion.That next major product driving the stock is almost certainly going to be the next iPhone, which got a fresh injection of hype after J.P. Morgan analyst Mark Moskowitz issued a research note today detailing the iPhone 5, as well as a souped-up version of the current model called "iPhone 4-plus." The products are widely expected to launch some time next month. The two iPhones, which many believe will be available on multiple carriers, suggests that Apple could sell even more phones than previously expected. Beyond AT&T and Verizon, Sprint Nextel and T-Mobile USA are seen as also carrying Apple products. The recent stock activity bodes well for Apple, which has had to deal with the official departure of Steve Jobs as chief executive. Last month, he stepped down as CEO and took over as chairman. That the stock has not only held up but advanced even higher bodes well for successor Tim Cook. The rise also comes as Samsung Electronics has countered with legal action in South Korea and Australia today. A report says Samsung will attempt to ban the iPhone 5 from South Korea and has filed a counterclaim against Apple and iOS-based devices in Australia. The two companies have been embroiled in multiple lawsuits and complaints around the world. Wall Street, however, has largely ignored news that would normally weigh on any other company. The common thinking is that Jobs and his management team have set up the company for years of product dominance, thanks to the success of the iPhone, and particularly with its hit iPad tablet.


Your Top Three: Favorite Jack Nicholson Movies

Your Top Three is a series where we choose a topic and you give us your top three picks.Today it was announced that Jack Nicholson is retiring from acting due to memory impairment. This is sad news, but not too surprising from a 76 year old who has only been in one movie in the last five years, and that was a supporting role in 2010;s How Do You Know? Still, it;s not as if he;s been lowering his legacy with a slew of awful late-career roles. In 2006, he gave us one of his greatest characters and performances ever in The Departed.And with other more recent movies, we;ve been enjoying his continued old curmudgeon period, whether he;s a widower or an OCD author or an aging lothario who finally falls for someone closer to his own age (when it;s Diane Keaton, how could he not?). For many actors, About Schmidt, As Good As It Gets and Something;s Gotta Give would be an exceptional trio to be best remembered for. Of course, most of us still prefer to hold on to his earlier work for examples of why he;s so revered.Because there are sort of different phases and genres to be found in Nicholson;s half century of film appearances it might be hard to narrow our favorites down to three. Just in his prime, in the 1970s there are the obvious classics like Chinatown and One Flew Over the Cuckoo;s Nest, but what true Jack fan can ignore his Corman beginnings or his late ;60s head trip era or his more romantic lead man period in the ;80s? Oh, and how do you even compare what he did as the Joker in Batman and in dual roles for another Tim Burton collaboration, Mars Attacks!, with something like his quieter films for Sean Penn, The Crossing Guard and The Pledge?Well, let;s try this one anyway, in tribute to Jack. It;s up to you if you want to focus on his performances or the movies overall.Here are my top three Jack Nicholson movies:1. The Shining - Sure, Kubrick is a genius, but could he have done this movie so well without Nicholson? Just try to imagine anyone else in the role (and I don;t mean Steven Weber). Maybe the film itself would still be great, but the character of Jack Torrance wouldn;t be so incredibly iconic.2. The Passenger - If The Shining shows us the hammiest side to Nicholson;s awesomeness, this much sparer film from Antonioni -- also placing the actor in a memorable hotel setting -- gives us the best of his softer acting skills. It;s almost like he was actually two different actors. But that would be too fitting for these two films especially.3. The Witches of Eastwick - I don;t know what the first Nicholson film I saw was, but this is the first one I really noticed him. It;s the hammy Jack that;s less refined, but whatever he;s the Devil after all. I haven;t seen this in probably 25 years (when I was 11) and maybe my bad memory and nostalgia are having a go at my judgment, but it;s a performance that will always stick in my mind as something unlike I;d ever seen before.Your Picks (the top three in order being One Flew Over the Cuckoo;s Nest, The Shining and Chinatown):1. MARS ATTACKS! 2. MARS ATTACKS! 3. MARS ATTACKS! RT @thefilmcynic: POLL: name your top 3 Jack Nicholson Movies— mayan gosling (@MayanGosling) September 4, 2013@thefilmcynic Chinatown, The Departed, Cuckoo;s Nest.— Kyle Ailinger (@KAilinger) September 4, 2013@thefilmcynic Batman, The Shining, One Flew Over the Cuckoo;s Nest— Todd (@toddintune) September 4, 2013@thefilmcynic Chinatown, Cuckoo;s Nest, and I have a real affinity for About Schmidt.— Cameron Carpenter (@Lumetian) September 4, 2013@thefilmcynic as good as it gets.the shining..and cuckoos nest!!!— Dean Cotterill (@casualhero2) September 4, 2013@thefilmcynic The Shining, A Few Good Men and Chinatown.— Ryan Ferguson (@RyanFerguson83) September 4, 2013@thefilmcynic Five Easy Pieces, Cuckoo;s Nest, and (my favorite movie) The Last Detail.— Jack Giroux (@JackGi) September 4, 2013@thefilmcynic Chinatown, Cuckoo;s Nest, The Shining— Samuel W. (@TheatrOfTheMind) September 4, 2013@thefilmcynic The Shining, Chinatown, Five Easy Pieces— Catherine (@cinephile24) September 4, 2013One Flew Over The Cuckoo;s Nest, Chinatown, The Last Detail RT @thefilmcynic: POLL: name your top 3 Jack Nicholson Movies— Steven Santos (@stevensantos) September 4, 2013@thefilmcynic The Last Detail, The Passenger, Five Easy Pieces— Victor Morton (@vjmfilms) September 4, 2013@thefilmcynic The Shining, One flew over the Cuckoo;s Nest, The Departed— Josh Gripman (@gripmonster) September 4, 2013@thefilmcynic Reds, Chinatown, Five Easy Pieces. Because I am boring.— Daniel Walber (@DSWalber) September 4, 2013@thefilmcynic Batman, One Flew Over the Cuckoos Nest, The Shinning.— August Macias (@August_Macias) September 4, 2013@thefilmcynic the shining, chinatown, mars attacks— justin robinson (@jrsuicide) September 4, 2013Join in the next discussion:and