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Apple: Record Second Quarter Results

While the U.S. economy in general appears to be on the verge of a recession, Apple thus far appears immune to the slowdown:

Apple – Apple Reports Record Second Quarter Results
Apple today posted revenue of $7.51 billion and a net quarterly profit of $1.05 billion, or $1.16 per diluted share, for its fiscal 2008 Read More

Apple Purchases PowerPC Chipmaker PA Semi

So, we all thought that Apple’s days with the PowerPC CPU were behind it and that all future devices would be based on Intel processors. We might have been wrong!

According to reports, Apple has purchased for $278 million cash a semiconductor company, PA Semi, which designs energy efficient CPUs based on IBM’s PowerPC architecture. … Read More