All posts in Breaks

AAPL Stock Share Price Breaks $300


(Chart courtesy of CNN Money)

Speaking of the sky being the limit, Apple’s finances reached a new milestone today.  It opened for trading today at over 0 a share, rising 25% since late August, and a whopping 42% since the start of the year.

Earlier this year, Apple surged past 0 billion in market capitalization in March, and then blew by Wal-Mart in the same category, only days later.  Then in April, Apple’s stock went by 0 a share for the first time, and then in May, Apple surpassed Microsoft and became the second-largest U.S. company by market capitalization, only lagging behind Exxon Mobil.

Since then, Apple has now expanded its hold on market capitalization over Microsoft by almost billion, but hasn’t quite been able to catch up to Exxon Mobil as that company has also done fairly well over the past few months.

Apple’s due up to release their June-September quarter earnings next Monday, and some observers are thinking that Cupertino could hit billion in quarterly revenue for the first time ever, and could also blow by Microsoft in revenue for the first time in fifteen years. 

As of the time of this writing, Apple’s share price was at 8.86 in after hours trading.

via MacRumors

Follow this article’s author, Matthew Tilmann on Twitter



Square Trade Study: iPhone 4 Glass Breaks More Than 3GS


(Image courtesy of 9to5Mac)

And in other news, water is wet.  As 9to5Mac reports, when one of the main features of the iPhone 4 was the strength of the glass casing, it is sort of alarming that it would break 82 percent more than an iPhone 3GS’ casing, says Square Trade’s study.

Granted the iPhone 4 has two sides of glass instead of one, so that would probably amount to double the incidents versus previous iPhone generations that maintained plastic backs.

It was also determined that the plastic around the sides of the iPhone 3GS is able to cushion potential impact much better than the iPhone 4’s metal antenna-frame.

Other findings:

-iPhone 4 owners reported 82 percent more damaged screens in the first four months compared to iPhone 3GS owners.

-More than 25 percent of damage reported was to the glass on the back of the unit.

-The reported accident rate for the iPhone 4 was 68 percent higher than for the iPhone 3GS.

-An estimated 15.5 percent of iPhone 4 owners will have an accident within a year of buying their phone.

-iPhone 4 screen damage is responsible for more than four-fifths of reported accidents during the last four months, slightly higher than the iPhone 3GS during the same time period.

Who is SquareTrade exactly?  They’re the largest independent warranty provider in the world, and they had analyzed iPhone accidents for well over 20,000 iPhone 4s and the results were pretty in line with their earlier prognostications.

How many of our readers out there have suffered iPhone 4 screen damage?  Does the iPhone 4 seem to be in better or worse off shape?  Feel free to leave your comments below!

Follow this article’s author, Matthew Tilmann on Twitter