SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lizzie Tudor who wrote (56411)8/28/2006 7:21:02 PM
From: Doren  Respond to of 213182
 
From what I've read this is upgrade is peanuts.



To: Lizzie Tudor who wrote (56411)8/29/2006 8:15:21 AM
From: Moonray  Respond to of 213182
 
Japan Orders Apple to Probe Laptops
Tuesday August 29, 7:49 am ET, By Chisaki Watanabe, Associated Press Writer

1st Apple Laptop Fire Reported in Japan; Officials Order Investigation

TOKYO (AP) -- Japanese authorities reported Tuesday the first case of an Apple laptop catching fire in Japan and ordered the U.S. company to investigate the trouble involving the faulty Sony batteries and report back within a week.

A laptop made by Apple Computer Inc. overheated and caught fire in April, the Ministry of Economy, Trade and Industry said. The user sustained minor burns after the the iBook G4 computer caught fire, according to Apple spokeswoman Michiko Matsumoto, who confirmed the case.

Last week, the Cupertino, Calif.-based company told its customers to return 1.8 million batteries worldwide that could cause their laptops to overheat and catch fire -- just 10 days after Dell Inc. recalled 4.1 million faulty laptop batteries for the same reason. It was the largest recall involving electronics in the history of the U.S. Consumer Product Safety Commission.

In both cases, the problematic lithium-ion batteries were made by Sony Energy Devices Corp., a subsidiary of Sony Corp. based in Japan.

Apple has received nine reports in the United States of the lithium-ion batteries battery packs overheating, including two consumers who received minor burns after handling overheated computers. Apple has also received reports of minor property damage, but no serious injuries have been reported.

Japan's trade ministry ordered Apple's Japan branch to report on its findings and measures to prevent future troubles by Sept. 5 or it could face a fine of up to 300,000 yen ($2,570) under Japan's consumer safety laws.

Sony and Dell also have been ordered to report on their findings after the recall was announced by the ministry.

Last week, ministry officials reported that batteries in Dell laptops imported to Japan caught fire in at least two separate instances in October and June. No one was injured in those incidents, but the fires destroyed the machines.

Battery packs contain cells of rolled up metal strips. Sony has said that during production, crimping the rolls left tiny shards of metal loose in the cells, and some of those shards can cause batteries to short-circuit, or in extreme cases, catch fire.

Apple's Matsumoto declined to say the number of batteries the recall involves in Japan and how many have been recalled. A call to an Apple corporate spokesman in Cupertino, Calif., was not immediately returned early Tuesday.

The trade ministry has also instructed other Japanese electronic makers to check the safety of their laptop batteries.

Dell has already recalled batteries from affected models in Japan. Batteries powering Sony's Vaio laptops don't have the same problems, according to the Tokyo-based manufacturer.

o~~~ O



To: Lizzie Tudor who wrote (56411)8/29/2006 3:35:46 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 213182
 
Apple Computer "outperform"

Tuesday, August 29, 2006 10:55:35 AM ET
Bear Stearns

NEW YORK, August 29 (newratings.com) - Analyst Andrew J Neff of Bear Stearns reiterates his "outperform" rating on Apple Computer Inc (AAPL.NAS). The target price is set to $88.

(must be some mkt share data out today is my guess)