Daily Archives: February 12, 2013

Richard Waters

The Apple CEO has had no shortage of advice from Wall Street lately on what to do with his company’s $137bn cash mountain. Hedge fund manager David Einhorn thinks he should issue a new class of preferred stock that would appeal to investors looking for yield. A combination of a higher dividend and stock buybacks that raised Apple’s three-year payout plans from $45bn to $60bn might be less radical but could be effective, according to Brian Marshall of ISI.

Speaking at the Goldman Sachs technology and internet conference in San Francisco on Tuesday, he talked about his views on big acquisitions (he’s considered them seriously), the legal battle with Einhorn (“a silly sideshow”) and whether Apple needs bigger or cheaper iPhones to expand its market. 

Chris Nuttall

Small, square, sub-$100 black boxes dominate streaming internet-television devices in the US, in the shape of Apple TV and Roku’s LT, XS, XD and HD boxes.

There’s no shame then in Western Digital imitating this successful formula in launching today the WD TV Play - the latest variation of its WD TV lineup of content-streaming set-top boxes. 

Richard Waters

Forget all the dire warnings about the disruptive effects of mobile: for Google at least, tablets are on some measures starting to look like a better business than PCs, even if smartphones still lag.

That’s according to digital marketing company Marin Software, which has just published the results of its latest survey of global search trends. The amount of money spent on search advertising on tablets has already eclipsed smartphones – and with advertisers getting more bang for their buck on tablets than on PCs, the redirection of ad dollars looks set to continue.