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New and Noteworthy: New Apple Store; Great fiscal results, poor street reaction; more

New and Noteworthy: New Apple Store; Great fiscal results, poor street reaction; more

CNET staff

Apple to open Aventura, FL store on Jan. 31 Mac users in southern Florida will soon have one more Genius Bar to consult. Apple is opening its latest retail store in Aventura, FL (outisde Miami) on January 31st at 10:00 a.m. (EST). More.

Great fiscal results, poor street reaction BusienssWeek attempts to determine the reasons for a poor street reaction to Apple's stellar first quarter financial results. "So why was Wall Street only lukewarm after this seemingly strong performance? Apple shares fell 5.6% the day after the earnings report, from $24.20 on Jan. 14 to $22.85 on Jan. 15 (and closed on Jan. 23 at $22.56). True, the stock had run up in anticipation of solid numbers. But the rapid retreat surprised many, even though the logic behind the move is clear: The Street had been hoping for bigger sales numbers on PowerMac G5 desktops." More.

Make a wish for the Mac Newsweek has chimed in with its coverage of the Mac's 20th birthday. "Apple cofounder Steve Jobs, recited a verse from "The Times They Are A-Changin'," then formally unveiled the Macintosh, a boxy little guy with a winning smile icon on its nine-inch monochrome screen. The Mac-oids fully expected to make computer history, and they did. What surprises them now is that their creation is still around two decades later." More.

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