• Could Apple be Worth $1 Trillion?


    Apple, the $347 billion maker of iPhones and iPads became, although briefly, the most valuable company in the US when it passed Exxon Mobil yesterday. It lasted a few hours until the market put Exxon back on top. Is it a hint at brighter future for Apple?

    According to NYtimes, Robert Cyran doesn’t understand why Apple isn’t headed straight towards hitting the $1 Trillion mark.

    Apple’s sales have been surging 80 percent a year, and its profit faster. What’s more, it trades roughly in line with the growing stock market — and at less than half the price-to-earnings multiple it fetched in 2006, when revenue growth was much slower. Apple now trades at about 11 times estimated earnings for the fiscal year ending September 2012. The Standard & Poor’s 500-stock index is valued at about 10 times next year’s profit. But Apple’s sales growth is nearly 10 times faster than that of the average company. Apple also holds $76 billion of cash and investments.

    So, what’s the deal?

    Put Apple on the same P/E multiple it traded on in 2006, and it would be worth almost $900 billion. A premium for today’s faster growth could get it to $1 trillion. Apple can’t be so cheap just because Steven P. Jobs, the chief executive, is in bad health.

  • Google+ for iOS Now Available For iPad and iPod Touch [Updated]


    Waiting for Google+ app on your your iPad or iPod touch? You can update the now-universal version right away.

    The update comes with more control over huddle feature via the app, as well as aggregated circle add notifications, stability improvements, and bug fixes.

    Download the latest Google+ update here.

    There is no native iPad app yet but I have activated the version and now works natively. Check screenshots below:

    You can make it iPad compatible without pixelation and 2x button. Here is how:

    1.  Navigate to the app you want to make compatible in /var/mobile/Applications
    2.  Open the info.plist in the applications main folder
    3.  Add the follow:

    <key>UIDeviceFamily</key>
    <array>
    <integer>1</integer>
    <integer>2</integer>
    </array>

    4. Respring and then you should have a nice iPad size app

  • Facebook Acquires Interactive iPad Book Maker: Push Pop Press


    Facebook has acquired Push Pop Press, the company behind iPad app “Our Choice,” based on a book by Al Gore. The company was co-founded by former Apple designer Mike Matas who was a lead designer of both the original iPhone and iPad interfaces. Facebook does not plan to sell interactive iPad books, but the technology and design talent will be used in Facebook’s future.

    Mike Matas demoed “Our Choice” at the TED conference this year to rave reviews.

    Statement from Facebook:

    We’re thrilled to confirm that we’ve acquired Push Pop Press, a startup whose groundbreaking software changes the way people publish and consume digital content. We can’t wait for co-founders Mike Matas and Kimon Tsinteris to get started, and for some of the technology, ideas and inspiration behind Push Pop Press to become part of how millions of people connect and share with each other on Facebook.


    [via allthingsd]

  • Mobile Gaming is Dominating the Gaming Industry


    We know that mobile devices such as iPad have become prominent devices for entertainment and gaming and are actually dominating the Game industry. John Riccitiello, the Electronic Arts CEO told IndustryGamers yesterday and this what he had to say about the matter:

    Consoles used to be 80% of the industry as recently as 2000. Consoles today are 40% of the game industry, so what do we really have? I think that the pattern against which Nintendo is no longer resonating is over anyway. We have a new hardware platform and we’re putting out software every 90 days. Our fastest growing platform is the iPad right now and that didn’t exist 18 months ago.

    The industry is undergoing a titanic shift, factors like the ease of publishing to the App Store, the extremely low cost to become a developer, the growth of free games and the rise of the female gamer (53% of mobile gamers are female) are rewriting the rules and making millionaires overnight.

    Here is an in depth look infographic at the numbers and stats behind the game industry. pause your game for few minutes to take a look.

    [via geekaphone]