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Apple gets paid for products faster than it has to pay for manufacturing

Here's yet another sign of what a great position Apple has put itself in in terms of manufacturing: According to the Wall Street Journal [paywall], the company gets paid by its customers much faster than it is required to pay its suppliers. The difference between the inflow of sales and the out...

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Goldman Sachs resumes Apple coverage, targets AAPL at $430

Investing firm Goldman Sachs has decided to start covering Apple's stock profile, and that news sent the AAPL stock price up to $325.06 this morning, a nice boost from the day before. And that's not all -- not only did Goldman Sachs pull AAPL into its reporting fold, but it was about as bullish as ...

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Apple sells 250k Apple TVs in six weeks

While Apple TV sales were apparently not published in Apple's quarterly earnings release, during the much-ballyhooed investor conference call yesterday, Steve Jobs noted that as many as 250,000 Apple TVs have been sold since its debut last month. To put that number into perspective, in the first ...

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iFund doubles to $200 million, supporting Ngmoco, Booyah, and others on the iPad

The iFund has been one of the driving forces behind some of the biggest names in iPhone development, so it's not a surprise at all that the investors are expanding their money pool and oversight to include the iPad as well. They're opening up the funding to a full $200 million (double what the orig...

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Quicken Essentials for Mac available for pre-order

Quicken Essentials for Mac is finally available for pre-order. Too little, too late if you ask me. Its taken three years to get this next version of Quicken for Mac out the door. In that time, worthy alternatives have risen, like iBank and Mint.com. While I won't give it a review until I've tried...

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Jobs reassures Apple investors

With Apple's stock plummeting from just shy of $200 to $130.01, as of closing today; AppleInsider is claiming to have gotten a copy of Steve Jobs' letter to investors that he issued last week. In the letter, Jobs urged investors to "Hang in there." "Wow... what a remarkable last few days," Jobs sai...

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