Apple’s $75 million corporate investments

July 23, 2009
Apple admits iPhone 3GS in short supply
The Register
Rik Myslewski writes that according to Peter Oppenheimer, chief financial officer at Apple, the company is having trouble keeping up with demand for its iPhone 3GSs product.

“Apple COO Tim Cook echoed his CFO’s words, saying that ‘The iPhone 3GS is currently constrained in virtually every country we’re shipping in…and we’re working very hard to fulfill that demand.’”

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Yahoo’s Revenues Drop 13 Percent In Second Quarter (Conference Call Notes: Bartz Likes Bing!)
TechCrunch
Erick Schonfeld provides Yahoo president and CEO, Carol Bartz’s thoughts on Microsoft Bing.

“’I think Bing is actually a good product. Experimentation around search instead of thinking just a standard blue link. only a month in, hard to understand if it is just curiosity or if they will gain share, but I think they have done a nice job.’”

Yahoo! lavishes $75m on self
The Register

Cade Metz writes that Yahoo! plans to invest $75 million into new hires, new technology and ad campaigns.

“Carol Bartz and her new regime will loosen that belt once again. “We are ramping up spending on our priorities this [third] quarter,” Bartz said during a conference call with industry analysts and reporters.”

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Maxine Cheung
Maxine Cheung
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