18th July 2001 Archive
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Apple sees Mac sales grow despite market downturn
Made $61m profit
Apple posted a small profit last night and, more importantly, saw its unit sales increase year on year. The Mac maker's third quarter closed with revenue at $1.475 billion, down 19 per cent on the same period last year. Despite that fall, the company posted a profit of $61 million (17 cents a share). This time last year, it …
Mac Channel 18 Jul 2001, 07:34
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Intel profits plunge 76 per cent
Down 94 per cent if you add in one-off charges
Intel's earnings plummeted last quarter, its second, falling 76 per cent on last year's Q2 to $854 million (12 cents a share). That figure is 22 per cent down on Q1. Still, Wall Street had been expecting earnings of ten cents a share, according to First Call's analyst poll, allowing Intel to at least claim that it had beaten …
Business 18 Jul 2001, 09:37
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Intel: desktop Pentium III to die before year-end
Squeezed out like a zit between thumb of P4 and forefinger of Celeron
Intel confirmed last night plans to rapidly replace the Pentium III chip family with the Pentium 4 on the desktop, as we suggested it might last week. "The combination of a strong product family, solid manufacturing performance, and early availability of the new Intel 845 chipset platform allows Intel to aggressively ramp the …
Channel 18 Jul 2001, 10:00
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Are you worried that your brain is frying?
Try an air filled phone headset
Northwestern Bell Phones reckon they have come up with a next generation mobile phone headset which will stop your head frying. It is modelled on a doctor's stethoscope. The RF3 Next Generation Cellular Headset uses wireless AirCom technology that lets users hear phone calls through an air filled wireless tube. "There are many …
Personal 18 Jul 2001, 10:37
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FBI ‘loses’ hundreds of laptops and guns
Where did they see them last?
An audit on the FBI has revealed it is missing hundreds of laptop computers, many of which are believed to have been stolen from under the nose of the agency. Ashen-faced FBI officials have been forced to admit 184 computers are unaccounted for and that three of these machines are believed have sensitive material on their hard …
Business 18 Jul 2001, 10:47
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BT cleared of rigging Italian 3G auction
Now it can sell its £250m stake in Blu
BT has been cleared of fixing the Italian auction for 3G licences and now hopes to sell off its 21 per cent stake in Italian mobile company Blu - worth £250 million. The British telecoms giant was put under review by the Italian authorities as soon as Blu pulled out the auction, effectively ending it since it left just five …
Business 18 Jul 2001, 10:59
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More evidence that the chips are down
'It's pretty bad,' warn circuit etchers
The chip industry today got yet another warning not to expect the market to pick up until next year. Netherlands-based ASML Holding, which makes machines that etch circuits onto semiconductors, said cancelled orders had forced it to report a loss for the first half of the year. It added that it didn't expect to see a recovery …
Channel 18 Jul 2001, 11:13
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Hynix shuts US plant to limit DRAM output
600 workers laid off
Hynix, the world's third-largest memory maker, will indeed cut back on DRAM production, it admitted yesterday, and will shut down a fab in Oregon for six months to help it weather the poor business conditions in the memory market. Company sources said earlier this week that the decision to trim production had been made, but …
Channel 18 Jul 2001, 11:33
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AOL-Time Warner losses shrink
Internet revenues up 13.4%
AOL-Time Warner has seen its losses shrink from $924 million a year ago to $734 million this quarter, boosted by an increase in AOL Internet subscriptions. Now the world's biggest media and Internet company following the $124 billion merger at the start of the year, AOL-Time Warner has seen revenue increase in every area of its …
Business 18 Jul 2001, 11:36
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Compaq to sack two notebook makers?
Quanta, Arima, Inventec and Mitac forced to play Russian Roulette
Compaq may be about to fire two of its four Taiwanese notebook manufacturers, according to sources cited by DigiTimes, part of the PC cloner's plan to cut costs. Compaq's four Taiwanese suppliers are Mitac, Quanta, Arima and Inventec. Mitac makes Presario notebooks, while Quanta punches out the Evo N150. The other two …
Hardware 18 Jul 2001, 11:38
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3G bankruptcy fears are ‘ludicrous’
Mobile data no cash cow, but no dead donkey either
3G pessimism may have reached its slough of despair, argue three Spectrum Strategy analysts in an analysis published this week. "The idea that the expenditure will 'bankrupt' operators is ludicrous," reckon William Bratton, Justin Jameson and Stephen Pentland in an interesting analysis published here. The three acknowledge that …
Data Networking 18 Jul 2001, 11:42
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Hotmail upgrade will make your life better
Updated No, really, Microsoft told us
If Microsoft is to be believed an upgrade in Hotmail, due to take place today, will make us and the world a better and happier place. Well, it may do if you're a Microsoft shareholder. In fact, when we heard of this incredible upgrade, we quickly tapped in the magic address but were dismayed to find virtually no change at all …
Music and Media 18 Jul 2001, 12:07
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Microsoft blesses Java for phones while it hides Java for Windows
Windows Update mode only
While Microsoft has confirmed that latest builds of Windows XP won't support Java, Redmond seems to be keeping quiet about its endorsement of Sun's platform on other devices. The Beast is embracing Java with some fervour, exhibiting it at the Windows Embedded Developer Conference in Japan recently. Microsoft showed off the …
Software 18 Jul 2001, 13:29
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Joker demands $1 million over hoax virus alert
Symantec fails to see the funny side
Online comedian Ray Owens has jokingly demanded $1 million compensation from Symantec for publishing one his gags without copyright. Owens, who runs the "Joke a Day" mailing list, wrote a hoax alert warning that users should delete the "insidious" AOL.exe virus which had already infected 30 million computers worldwide. The …
Malware 18 Jul 2001, 13:40
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Apple won't ship Mac OS X 10.1 until September
Updated Steve Jobs confirms rumours
Apple CEO Steve Jobs has just confirmed the next major upgrade to Mac OS X, 10.1, will not ship until September, as expected. Many users hoped the update, codenamed Puma, would ship this week at Macworld Expo New York. However, sources suggested it wouldn't make the show, and indeed, it won't arrive for at least a month and a …
Mac Channel 18 Jul 2001, 14:39
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Apple unveils faster iMacs, Power Mac G4s
Updated Pro line goes up to 867MHz. Gosh
Apple CEO Steve Jobs didn't unveil a completely new iMac, as some observers had expected, but he did announce a speed bump to the existing family. However, he did update the Power Mac G4 line with faster CPUs and a new (ish) enclosure, dubbed Quicksilver. There are no new iMac colours - the line as announced centres on revived …
Mac Channel 18 Jul 2001, 15:01
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Travel sites slammed over hidden charges
Surfers paying up to 3 times advertised fares
Travel sites were today slammed for hitting surfers with hidden charges in advertised fares. An investigation by the Express found travellers were paying up to three times more than the prices displayed for holidays. Certain online travel sites flouted Trading Standards' rules by advertising cut-price fares without mentioning …
e-Business 18 Jul 2001, 15:04
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Marconi agm kicks off; Simpson holds firm
Plus an interesting political tidbit for you
As expected, the Marconi annual general meeting has been a lively event with a number of furious shareholders calling for the resignation of Lord Simpson (we couldn't possibly comment). Chairman Sir Roger Hurn kicked off by saying: "Clearly, the Company and its shareholders have just gone through an extremely difficult period …
Business 18 Jul 2001, 15:08
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Matsushita pleads with staff to buy their own products
Corporate desperation reaches new levels
Staff at Matsushita in Japan are being asked to buy the company's products to boost its sales. It's a peculiar Japanese thing, but staff have been encouraged to spend around 10 per cent of their summer bonuses on goods produced by the company - which owns, among other brands, Panasonic. Bonuses are a very different matter in …
Business 18 Jul 2001, 15:36
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Oracle didn't help Cisco see the precipice
Reporting software shortcomings hit another firm
Marconi isn't the only networking firm whose disastrous failure to spot the downturn in telecoms market might be linked to the shortcoming in its implementation of Oracle's E-Business Suite. Cisco Systems is a reference site for the same E-Business Suite, which insiders at Marconi have told us failed to flag up a slump in …
Software 18 Jul 2001, 16:58
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MEP Cashman tries to support pro-spam stance
Warning: this may make you angry
The British MEP responsible for scrapping an opt-in approach to unsolicited commercial email in the EU has attempted to explain his reasoning in a stock response email. Michael Cashman has made few friends this month by tabling an amendment which will probably mean consumers will actively have to say they don't wish to receive …
Music and Media 18 Jul 2001, 17:05
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Attrition performs defacement mirror autopsy
And excoriates Wired 'cyberwar' journo
We owe the wittiest and most enjoyable presentation at Blackhat to attrition.org members Jericho and McIntyre, who offered a retrospective on the benefits, aggravations and pitfalls of maintaining a defacement mirror, now that they've ceased updating theirs. In a nutshell, running a mirror is a major pain in the balls, and not …
Security 18 Jul 2001, 17:11
