More in an irregularly occurring series...
It's odd how even in what could be considered a small wave of bad publicity, some companies wait out the storm and somehow come out unscathed. After yesterday's $100 million lawsuit settlement with Creative Technologies, Apple followed on today with news that they - like Dell - have issued a recall for more than 1 million laptop batteries which may catch fire. It's highly possible the PowerBook I've got is in the listed serial numbers eligible for replacement... but even with both of those announcements, Apple stock didn't take any kind of hit. In fact, Apple (AAPL) rose less than one percent on the day, even with the news. For what it's worth, my most-recent investment in Apple is doing fairly well, up 24 percent. I had sold some of my holdings for a loss, because I could use it to drag down my total income at tax time by the end of the year.
Of interest to those who follow Apple closely, as I do, an unlikely foe has beaten them to the punch for an online movie store - AOL. The would-be owners of Time Warner (oops!) announced today that for a mere $10 to $20, customers could download full-length films, with no option to rent. Sounds steep.
Earlier this month, I mentioned how Topix.net's newly-introduced one year news archive search tool could bring huge benefits to companies and PR agencies. Apparently, my feelings are not just mine alone. Steve Rubel, who works for Edelman PR, said Topix "doesn't get the attention it probably deserves", and delves further into the site, to help track companies or individuals and use advanced search features.
The A's have an off day this evening, which means activity on Athletics Nation should be significantly lower than normal - as I, as well as many others, are probably taking the day off as well. For a good fix on AL West baseball, you can check out the LA Angels site at Halos Heaven or the much funnier Seattle Mariners blog at Lookout Landing. Also, be sure to catch Blez' input on why ESPN has lost all relevance for him and many west coast sports fans. The worldwide sports leader is a mockery of its old self these days.
Listening to ''Forever Today'', by DJ Tiesto (Play Count: 14)