Apple Sales Surge and 2 Tech Titans on the Move
Apple Inc. (NASDAQ:AAPL): The iPad Mini costs a bit more than tablets of a similar size, but initial sales appear strong. Apple Inc. said that during the first weekend the smaller iPad and the fourth-generation iPad went on sale, three million were sold. That matches the number of third-generation iPads that the company sold after that tablet’s first weekend sale this past March. Apple did not disclose sales of the iPad Mini separately, but Tim Cook, Apple’s Chief Executive, said the company almost sold out the smaller tablet.
Google Inc. (NASDAQ:GOOG): According to Reuters, Microsoft’s (NASDAQ:MSFT) Chief Executive Officer, Steve Ballmer, said, “We’re still relatively small … I expect the volumes on Windows Phone to really ramp quickly.” At an event to launch the operating system in Israel, Ballmer stated that the Windows Phone 8 will create a strong third player in the smartphone market after Google’s (NASDAQ:GOOG) Android and Apple’s (NASDAQ:AAPL) iOS platforms.
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Intel Corporation (NASDAQ:INTC): Intel Corporation announced their newest solid state drive. The SSD DC”s (NYSE:SSD)S3700 drive is the third generation of Intel SSD products developed specifically for data center use. IT people and OEMs will find that the SATA 3 (6 Gbps) interfaced drive, in both 2.5-inch and 1.8-inch form factors, will easily install in both servers and storage arrays. This new product delivers a higher performance at a lower cost per capacity than Intel’s prior 710 SSD.
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