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Apple Finally Reveals How Long Siri Keeps Your Data (Wired)
All of those questions, messages, and stern commands that people have been whispering to Siri are stored on Apple servers for up to two years, Wired can now report. Yesterday, we raised concerns about some fuzzy disclosures in Siri’s privacy policy. After our story ran, Apple spokeswoman Trudy Muller called to explain Apple Inc. (NASDAQ:AAPL)’s policy, something privacy advocates have asking for. This is the first time that Apple has said how long it’s keeping Siri data, but according to Nicole Ozer, the American Civil Liberties Union lawyer who first brought these Siri privacy questions to our attention, there’s still more that Apple could do.
Why Apple Cannot Finance Its Own Buyout To Go Private (Forbes)
Matt Yglesias has an interesting idea. Why can’t Apple simply buy itself off the stock market and go private? The price earnings ratio seems good enough that it might be able to pull off such a deal. I’ve certainly mentioned the idea here once before. Yglesias thinks that it’s just too big a deal. The markets aren’t large and liquid enough to be able to finance it. The problem here is that in inflation-adjusted terms the largest leveraged buyout in history was KKR Financial Holdings LLC (NYSE:KFN)’s $55.38 billion aquisition of RJR Nabisco back in 1989 (that was $31.1 billion 1989 dollars). Could Apple Inc. (NASDAQ:AAPL) tap its ~$140 billion in cash reserves to cut down on its borrowing needs and make the scenario more realistic? It sure could. But the problem is that a $512 billion loan isn’t really any more realistic than a $567.38 billion loan. It’s just way too much money. They say some banks are too big to fail, but Apple is too big to buy.
Apple sets earnings call for Tuesday (CNET)
The hard numbers on the fiscal second quarter will come out first, but for further details Apple watchers will want the lowdown from the company’s conference call. Apple Inc. (NASDAQ:AAPL) said Friday morning that it will hold its conference call for the press at 2 p.m. PT on Tuesday, April 23, a little less than an hour after the earnings press release hits the wires. There will also be an accompanying live Webcast at that time.
Woz: Apple’s Share Price May Be Disappointing Now, But They Will Probably Surprise Us All (TechCrunch)
Steve Wozniak, co-founder of Apple Inc. (NASDAQ:AAPL) with Steve Jobs, said today that Apple’s share price, which hit a 16-month low two days ago, is “disappointing” but that he was confident the tech giant would come out with products which would “surprise and shock us all.” In a wide-ranging speech at the Login technology conference in Vilnius, Lithuania, Woz – as he is known – said: “[Apple’s] stock price is a little low right now. Over time I’ve seen Apple go up or down 2x over a few months. It’s very disappointing because if you look at the amount of cash that Apple holds that cash translates to one to two hundred dollars per share of stock just in cash form. So the expectations are a little lower even than they expect.
Apple’s iPad Dominates Tablet Web Usage with 82% Share. (Forbes)
Chitika Insights sampled tens of millions of U.S. and Canadian tablet from March 15th to 21st. Not surprisingly Apple Inc. (NASDAQ:AAPL)’s iPad continues to dominate tablet Web usage with 82% share which is up slightly from February’s 80.5%. From MoPub’s lastest survey…
