Launches Download Store
Posted by Ainsley Jones on January 15, 2009 at 12:22 pm
Dell has launched its new Dell Download Store with hopes of attracting small- and mid-sized businesses. The store will feature software products from 12 publishers including Microsoft, McAfee and Inuit. The site also allows for users to obtain and manage software licenses.
Customers using the service will save about 10 percent per software title by avoiding packaging and shipping costs, reports EON. In addition, users will be able to visit the store to view previous software titles they purchased and re-install software or create backups.
The online store will initially be available only to U.S. customers, but Dell plans to roll out the service in France, Germany and the UK Jan. 20, according to vnunet.
Thursday, January 15, 2009
The last time Tim Cook ran Apple
Apple (AAPL) shares dropped 7.56% to $78.88 in after-hours trading in New York on news Wednesday that COO Tim Cook was taking over day-to-day operations — a $6.7 billion hit on Apple’s market capitalization.
This is not the first time Cook has stepped in while Steve Jobs dealt with a serious medical condition.
Cook ran the shop for a month in 2004 while Jobs recovered from surgery that removed a malignant tumor from his pancreas (see here). The stock fell then too — down 2.3% on Aug. 2, 2004, the day after Apple announced the news — a loss that widened to nearly 8% by week’s end.
But by Sept. 1, 2004 the stock had not only recovered, but gained 10.9% on its July 30 price — closing at what now seems an impossibly low $35.86.
Some of that bump may be attributed to investor relief that Jobs was due back at the helm. But whether or not Jobs returns from his latest medical leave, the fact is that Tim Cook has been running day-to-day operations at Apple for some time, as Adam Lashinsky’s long profile in Fortune makes clear. (See The genius behind Steve.)
In July 2004, two weeks before Jobs’ operation, Apple reported earnings of $61 million on sales of $2.014 billion and was holding just under $5 billion in cash.
In its last quarterly statement, Apple reported earnings of $1.14 billion on sales of $7.9 billion, with nearly $25 billion in cash.
In other words, it’s the same company, only four or five times bigger.
This is not the first time Cook has stepped in while Steve Jobs dealt with a serious medical condition.
Cook ran the shop for a month in 2004 while Jobs recovered from surgery that removed a malignant tumor from his pancreas (see here). The stock fell then too — down 2.3% on Aug. 2, 2004, the day after Apple announced the news — a loss that widened to nearly 8% by week’s end.
But by Sept. 1, 2004 the stock had not only recovered, but gained 10.9% on its July 30 price — closing at what now seems an impossibly low $35.86.
Some of that bump may be attributed to investor relief that Jobs was due back at the helm. But whether or not Jobs returns from his latest medical leave, the fact is that Tim Cook has been running day-to-day operations at Apple for some time, as Adam Lashinsky’s long profile in Fortune makes clear. (See The genius behind Steve.)
In July 2004, two weeks before Jobs’ operation, Apple reported earnings of $61 million on sales of $2.014 billion and was holding just under $5 billion in cash.
In its last quarterly statement, Apple reported earnings of $1.14 billion on sales of $7.9 billion, with nearly $25 billion in cash.
In other words, it’s the same company, only four or five times bigger.