Techmeme
January 24, 2013, 5:25 AM

Top News

Apple:
Apple Reports Record Results  —  47.8 Million iPhones Sold; 22.9 Million iPads Sold  —  Apple® today announced financial results for its 13-week fiscal 2013 first quarter ended December 29, 2012.  The Company posted record quarterly revenue of $54.5 billion and record quarterly net profit …
Erica Ogg / GigaOM:
Tim Cook to Apple investors: Keep calm and stop listening to rumors  —  Times are changing at Apple: its margins are down, its profits are not blowing away expectations anymore, and it's also going to stop sandbagging its earnings forecasts.  So Apple CEO Cook had to work harder than usual …
Matt Rosoff / CITEworld:
About that post-PC era...Steve Jobs was right  —  Apple's earnings came out today, and amidst the flood of instant analysis and impassioned claims from Apple fans and foes alike, one thing clearly stood out.  —  Steve Jobs was right.  The post-PC era is here.
Dan Frommer / SplatF:
Apple's Semi-Soft Quarter In Charts  —  Apple reported December quarter results this afternoon.  —  In general, Apple is still performing well, but growth continues to decelerate, and some numbers were short of expectations.  In particular, iPhone shipments — Apple's most important product …
Bryan Chaffin / The Mac Observer:
$AAPL Pummeled in After-Hours Trading, Here's Why  —  Shares of Apple Inc. were pummeled in after-hours trading Wednesday as investors expressed their displeasure over the company's December quarter results and conference call.  Though Apple met estimates for sales and slightly beat estimates for earnings …
Matthew Lynley / Digits:
Suddenly, Apple's iPhone 4 Is a Major Point of Interest  —  During today's earnings call to discuss Apple's first-quarter earnings, Apple CEO Tim Cook said the iPhone 4 — a phone that's two generations old — was under “constant constraint.”  —  Meanwhile, the iPhone 5 was “very constrained for much of the quarter,” Cook said.
Christopher Mims / Quartz:
Apple plans to give a third of its $137 billion cash hoard back to investors  —  Apple just reported that it now has $137 billion in cash, which represents almost one-third of its $455 billion market capitalization at the end of trading today.  Considering that the stock is down more than 5% …
Nick Wingfield / New York Times:
Apple's Profits Are Flat, and Stock Drops  —  Apple on Wednesday reported the kind of quarter most big companies would envy, posting a profit of $13.1 billion and selling 28 percent more iPhones and 48 percent more iPads, its two biggest products.  —  Its stock sank 11 percent.  —  What is going on?
Matthew Panzarino / The Next Web:
David Kravets / Wired:
Google Tells Cops to Get Warrants for User E-Mail, Cloud Data  —  Google demands probable-cause, court-issued warrants to divulge the contents of Gmail and other cloud-stored documents to authorities in the United States — a startling revelation Wednesday that runs counter to federal law that does not always demand warrants.
Richard Salgado / The Official Google Blog:
Andrew Lipsman / comScore, Inc.:
Facebook Vaults Ahead of Google Maps to Finish 2012 as #1 U.S. Mobile App  —  With another interesting year in digital media in the books, we can now begin our retrospective view of what happened in 2012 in order help bring the digital future into focus.  There is little doubt that the Brave …
Peter Kafka / AllThingsD:
Vine, Twitter's Instagram for Video, Launching Soon — At Apple's App Store  —  Yep, that was Twitter CEO Dick Costolo using video from Vine, the video-sharing startup he bought last fall, in a tweet he sent out today.  And yes, that means Vine is ready to go.
Michael Frederick / Google Drive Blog:
Create, edit and present with Google Slides offline  —  Good news, Slides lovers.  You can now create, edit, comment and (perhaps most importantly) present without an internet connection—just like you can with Docs.  Any new presentations or changes you make will be automatically updated when you get back online.
Amir Efrati / Digits:
Google Creating Wireless Network, But For What?  —  Google is trying to create an experimental wireless network covering its Mountain View, Calif., headquarters, a move that some analysts say could portend the creation of dense and superfast Google wireless networks in other locations …
Josh Constine / TechCrunch:
Quora Launches Blogging Platform With Mobile Text Editor To Give Every Author A Built-In Audience  —  The Internet is full of experts with no one reading their insights.  It takes a lot of work to build a following.  So today Quora launches a blogging platform that automatically distributes posts …
Evelyn M. Rusli / Wall Street Journal:
Incubators From Abroad Follow the Money—to U.S.  —  To pursue venture-capital funding and build a bridge to the U.S. market, foreign startup incubators are coming to the source: Silicon Valley.  —  At a time when some U.S. incubators are shrinking, startup incubators from Russia …
Austin Carr / Fast Company:
Inside Netflix's Project Griffin: The Forgotten History Of Roku Under Reed Hastings  —  They codenamed the top-secret project “Griffin,” after Tim Robbins' character from the film “The Player.”  After all, that's what the team was building: The Netflix Player, a black and boxy device …
Ryan Lawler / TechCrunch:
Netflix Shares Jump 30% After Hours, As It Beats The Street With Revenues Of $945M And 2M New Subscribers  —  Netflix had a stellar fourth quarter, posting revenues and subscriber numbers well above analyst estimates.  That has got investors excited again, driving the stock up 25 percent in after hours trading.

Sponsor Posts

Microsoft:
Steve Gleason keeps his eyes on the prize  —  For pro-football hero Steve Gleason, being diagnosed with ALS sparked a renewed passion for life that's proven highly contagious.  Read how he's working with Microsoft …
VMware:
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Zoho:
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Matt Brian / The Next Web: