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8:55 AM ET, October 22, 2008

Techmeme

 Top Items: 
Apple:
Apple Reports Fourth Quarter Results  —  6.9 Million iPhones Sold Mac Sales Reach All-Time High  —  Apple® today announced financial results for its fiscal 2008 fourth quarter ended September 27, 2008.  The Company posted revenue of $7.9 billion and net quarterly profit of $1.14 billion, or $1.26 per diluted share.
RELATED:
John Markoff / Bits:
Read My Lips: Apple Is a Netbook Maker  —  Steve Jobs appeared as a surprise “special guest” on Apple's earnings call Tuesday afternoon.  —  Mr. Jobs, Apple's chief executive, has not taken part in one of the company's conference calls with analysts since 2000, according to the company.
Tom Krazit / CNET News:
Why the iPhone is now Apple's most important product  —  When Apple Steve Jobs introduced the iPhone in January 2007, even he might not have realized how soon it would become a huge part of Apple's business.  —  (Credit: Declan McCullagh/CNET News)  —  The rampant success of the iPhone …
Discussion: TG Daily and iPhone Atlas
Om Malik / GigaOM:
7 Real Reasons Why iPhone is a Smash Hit  —  Love it or hate it... there is no denying that Apple's iPhone is not only a game changer but a certifiable hit.  Apple shared some interesting stats about the iPhone.  I culled some of the more interesting facts come from the transcript …
Discussion: Apple Watch, Technovia and Gizmodo
John Gruber / Daring Fireball:
The Phone Company  —  For a long time — the entire decade of the '90s and the first few years of this decade — the story of Apple was the story of a company searching for a way to be something other than “the Mac company”.  From a financial perspective of revenue and profit, the Mac was Apple, and Apple was the Mac.
Discussion: Cult of Mac and 9 to 5 Mac
John Paczkowski / Digital Daily:
Apple CEO: What's Adobe's Market Cap, Again?  —  With $25 billion in cash and short-term securities stored away on its balance sheet, Apple (AAPL) is in a uniquely comfortable position from which to weather the econaclypse.  And perhaps a uniquely opportunistic one, as well.  According to CEO Steve Jobs, anyway.
Michael Arrington / TechCrunch:
Jerry Yang Email To All Yahooers: 10% Of You Are Fired  —  Yahoo CEO Jerry Yang sent the email below to all Yahoo'ers at 2:20 pm PST, after earnings were announced.  Besides being all lowercase, as usual, he lets everyone know that the company will be letting 10% of employees go to help save $400 million in annual costs.
RELATED:
Henry Blodget / Silicon Alley Insider:   Going Rate For Terrible Yahoo M&A Advice? $37 Million A Quarter
Stephen Shankland / CNET News:
Yahoo-Google deal doomed? No, they insist
Gmail Blog:
New in Labs: Canned Responses  —  Hello, you've reached Chad's mailbox.  Thanks for your email about the latest Labs feature: Canned Responses, or email for the truly lazy.  I'm on paternity leave so I won't be able to respond personally.  Instead, I hope you'll enjoy this automated message.
Eric Eldon / VentureBeat:
Mobile ad network AdMob hits profitability, raises $15.7 million  —  Mobile advertising network AdMob has become a darling of Silicon Valley this past year, having grown large alongside the recent explosion of mobile web traffic in the U.S. and around the world.
RELATED:
Claire Cain Miller / Bits:
AdMob Bucks the Downtrend
Karen E. Klein / Business Week:
The Growing Frustration of eBay Sellers  —  Changes at eBay, especially its new ratings feedback policy, have many longtime sellers angry.  Some are even leaving for upstart sites like Shopify  —  When Julie Rodarte and her husband started selling on eBay (EBAY) six years ago, they stored their meager inventory in the family garage.
Suzanne Tindal / ZDNet.com.au:
Intel slams ‘slow’ iPhone ARM CPU  —  Any speed shortcomings in Apple's iPhone were the fault of its rival chipset manufacturer ARM, a senior Intel executive said in Taiwan yesterday.  —  “The shortcomings of the iPhone are not because of Apple,” Intel's director of ecosystems …
Discussion: Gizmodo and Engadget
Michael Arrington / TechCrunch:
Like.com's Perfect Timing: $32 Million Series C Round  —  Silicon Valley based Like.com managed to raise a monster round of financing at just the right time: $32 million in Series C round of funding that closed in August, led by Menlo Ventures.  Crosslink Capital also joined the round, as well as all previous investors.
Newsosaur / Reflections of a Newsosaur:
Fat newspaper profits are history  —  Despite mounting declines in sales and circulation in recent years, most newspapers today still generate profits surpassing those of many Fortune 500 companies.  But the fat profits are coming to an end, because newspapers are running out of ways to cut costs.
Miriam Marcus / Forbes:
Bad Day For Midway  —  Sumner Redstone's videogame publisher Midway Games had a doozy of a day, losing 12% of its market value with the billionaire wrapped up in talks with his creditors.  —  Shares in Midway Games (nyse: MWY - news - people ), whose game titles includes Unreal Tournament 3 …
LarsBrubaker / Reflexive Arcade:
Reflexive is acquired by Amazon.com  —  Here at Reflexive we've got some really big news - and I wanted you to hear it directly from me, Lars Brubaker, CEO of Reflexive.  —  Reflexive Entertainment Inc. has been acquired by Amazon.com!  —  As I'm sure you can all imagine this is a very exciting day for us at Reflexive.
Charles Wiles / Google Code Blog:
Introducing the Gears Geolocation API for all laptop WiFi users  —  I am thrilled to announce that today we have enhanced the Gears Geolocation API so that developers can now securely locate users to within 200m accuracy in major desktop browsers in hundreds of cities around the world.
Jason / Signal vs. Noise:
Introducing WysiHat: An eventually better open source WYSIWYG editor  —  For a while we've been exploring switching to WYSIWYG text editing in our products.  Up until this point we've been using either plain text, manual HTML, or Textile formatting.  Depending on who you are it's either fine or annoying.
Business Wire:
VMware Reports Third Quarter 2008 Results  —  Quarterly Revenue Grew 32% to $472 Million; GAAP Operating Margin of 21%; Non-GAAP Operating Margin of 24%; Annual Revenue to Date of $1.4 Billion Exceeds Total for 2007  —  PALO ALTO, Calif.—(BUSINESS WIRE)—VMware, Inc. (NYSE:VMW - News) …
 
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 More Items: 
Dan Goodin / The Register:
Skype (kinda, sorta) shields Mac kiddies from VoIP smut
Schneier on Security:
Quantum Cryptography
Brooke Crothers / CNET News:
Samsung withdraws offer to buy SanDisk
Ron Rogers / PR Newswire:
SureWest Delivers Faster Internet Speeds With the Launch of Bonded DSL
Discussion: DSLreports and Telecompetitor
Simpson L. Garfinkel / Technology Review:
Wikipedia and the Meaning of Truth
Erick Schonfeld / TechCrunch:
Twine: “We Organize That S**t.”
Josh Lowensohn / Webware.com:
Boxee adds support for Hulu, CBS video
Discussion: boxee blog
 Earlier Items: 
Clive Thompson / Wired News:
Build It. Share It. Profit. Can Open Source Hardware Work?
Discussion: MAKE Magazine
Ernesto / TorrentFreak:
‘Shocking’ 61% of all Upstream Internet Traffic is P2P
Will Park / IntoMobile:
AT&T launches Samsung Epix - Windows Mobile touchscreen handset with optical mouse
Discussion: AT&T
Gmail Blog:
More changes to Gmail contact manager
Anthony Ha / VentureBeat:
Mail.com raises $35M for custom emails
Jesus Diaz / Gizmodo:
Apple Stops Mac Mini Shipments to Retailers, Says to Expect No More
 

 
From Mediagazer:

Ruth La Ferla / New York Times:
Graydon Carter opens a physical store called Air Mail Newsstand in NYC, as an extension of his digital newsletter Air Mail, selling books, magazines, and more

Todd Spangler / Variety:
Filing: Warner Bros. Discovery CEO David Zaslav's 2023 compensation package was worth $49.7M, up 26.5% from the year prior, with $23.1M in stock awards

Andrew Beaujon / Washingtonian:
Interviews with over a dozen current and former WAMU staffers and contractors show management's contradictory, unclear messaging about its closure of DCist

 
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