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The Dow Jones Industrial Average closed at 10,198.29, off about 1.1% on the day. The Nasdaq Composite dropped to 1,784.35 and the Nasdaq 100 Index fell to 1,394.21. Both Nasdaq indicators mirrored the Dowis 1.1% decline. The tech market continues to suffer from low investor interest and concerns that recovery in the technology sectors will…

O bserver Randy Souther was reading David Bowieis journal and came across this piece of glowing praise for our favorite little music player. Nope, heis not a crazed stalker fan – you can read Bowieis journal at his Web site. On January 10th, two days after his 55th birthday, Bowie writes -I wished and wished…

How about the iTools Homepage, that place where you can send your Aunt Lulu to see the latest pictures of her sweet little niece she likes to call iSugar Booger;i do you like that too? I do, because it is one place thatis easy to find. Even if I change ISPs like I change underwear…

Many Mac owners can spit out the general specs of the TiBook and the iBook , and, if your mind does not feel as if someone tossed it into a blender and punched iliquefyi, you might be able to make that decision. Apple hasnit helped matters much because both laptops offer a boatload of bang…

Under the terms of the settlement, Microsoft would pay not the plaintiffs, but would instead pay somewhere between US$550 million and US$1 billion to low income school districts. Better yet, as far as Microsoft is concerned, that payoff would largely be in the form of its own software. Thatis right, the company would be punished…

The Mac Observer was able to spend some time with Bob "Dr. Mac" LeVitus and his review iPod unit this weekend, and together we looked at how to get around the limitations built into the iPod to keep users from sharing MP3s between different Macs. Apple has officially said that one can not sync up…

Donit buy Appleis stock. And if you own it, sell it. I know the company has a core following that is loyal, even cultlike, but the broader base of believers has been steadily eroding for years. To wager on this company is to bet that the exodus of users can be staunched and then, implausibly,…

His biggest concern for Apple is consumer spending, but he said that the release of Mac OS X 10.1 should free up hardware sales that have been waiting for the new OS. He also said that the companyis strong cash position should help offset any uncertainty that might result from a US military campaign. You…

The action was largely seen as a delaying tactic designed to keep legal action from stopping the release of Windows XP. Microsoft is scheduled to release the next iteration of Windows in October, and has aggressively moved up the time period it will allow PC manufacturers to ship the OS into September. The new OS…

I have a big complaint about the Apple Store. No, itis not about the products in stock. I love the fact that this is a store where thereis nothing but things Macintosh. Itis not about the employees. What better way to sell Macs than to staff the store with energetic Mac users? No, itis not…

Iid swallow my class envy and spend a few hours with the "cheese eaters," shocking my digestive system by imbibing "adult beverages" that didnit, for once, come from bottles with screw-off caps commonly sold in six packs for a buck-ninety-five. Couple this with suffering hours of listening to people with way too much disposable income…

Intel is reportedly about to initiate a price war against AMD that sent shudders through the chip sector today. Dan Niles of Lehman Brothers issued a report this morning saying that Intel would be making a move to recapture lost market share from AMD this Fall. From a Reuters report: For those who thought the…

"Even though the earnings that are going to come out in this next quarter are pretty weak, thereis a sense that maybe tech land is bottoming out," said Michelle Clayman, chief investment officer at New Amsterdam Partners. IBM is about to announce a new technology that will increase processor speeds by up to 30-35% without…

The Newton was one of the most exciting technologies to come out of Apple during the reign of John Sculley. The Newton was a handheld computer that stemmed from a vision of Mr. Sculleyis, then CEO of Apple, called the Knowledge Navigator. The Knowledge Navigator was actually more of tablet computer, but one of the…

Volume was light on both the Dow and the Nasdaq as the selling sent the Nasdaq off by 3% and the Dow by 1.35%. Goldman Sachs initiated coverage of the PC hardware sector today. The firm offered Dell a fat "Recommended" rating, while Apple, Gateway, and Compaq all got "Market Outperform" ratings. Our old friend…

iPeople are looking ahead for when earnings are going to turn, because it appears the Fed is insistent on getting the economy moving," said John Davidson, chief investment officer at Circle Trust Co., which has $8 billion under management. "People believe this is eventually going to work." All of the stocks we track in he…

The Newton was one of the most exciting technologies to come out of Apple during the reign of John Sculley. The Newton was a handheld computer that stemmed from a vision of Mr. Sculleyis, then CEO of Apple, called the Knowledge Navigator. The Knowledge Navigator was actually more of tablet computer, but one of the…

Unlike todayis PDAs, a category of devices that the Newton itself gave birth too, the Newton was a true handheld computer. It did just about everything, including handwriting recognition at a time when Macs and PCs were running at 33 MHz, and while that made the Newton extraordinary, it also helped doom it to the…

The Dow, on the other hand, posted its 5th straight day in the black, and, counting todayis 100+ point gain, sits just 600 points or so off of its all-time high. The Blue Chips are the recipients of some of the money fleeing tech. Volume was moderate for both major indexes, though again, most of…

Oracle had big impact on other software stocks, and the Nasdaq opened up lower across the board. Microsoft, IBM, and Adobe both closed lower, as did most other software stocks. Akamai also too a heavy hit as a company that depends heavily on sales from corporate revenue. SAP and Manuguistics made announcements that reaffirmed their…