High hopes for iPad push Apple shares near $300

As was the case with the iPhone, Apple's iPad is setting the standards for this generation of tablet computers as competitors scramble to match the design and functions.

So far, no credible challengers have hit the market. Microsoft Corp. CEO Steve Ballmer has promised Windows-based tablets, but so far you can find no solid details. Meanwhile, tablets based mostly on Google Inc.'s Android system are starting to emerge, but they have smaller screens than the iPad's.

Within the 1st quarter it was accessible, Apple sold 3.3 million iPads. That's about three times the variety of iPhones sold in the 1st full quarter the smart phones were on sale in 2007.

Rajesh Ghai, an analyst for ThinkEquity LLC, stated he believes Apple sold 5.7 million iPads inside the most recent quarter, which ended in September. He mentioned that adds about $3 billion in revenue -- not poor for a product category that didn't exist prior to April. Analysts' estimates for iPad unit sales in 2011 are in flux, with those on the conservative finish putting the amount around 20 million although more bullish forecasters say it could be 50 million.

"Clearly the iPad proved to be a hit beyond Apple's wildest dreams," Ghai mentioned in an interview.

A few other elements are bolstering investors' enthusiasm for Apple, which reports its quarterly results on Monday. The Cupertino, Calif.-based corporation is planning a huge push in China, with 25 retail stores expected to open there by the finish of next year.

There's also the new slate of iPod Touch 4 Accessories, which Apple unveiled in September, in time for the profitable gadgets to make their way onto holiday shopping lists.

And investors may perhaps be choosing to believe increasingly loud buzz that Verizon Wireless will get its own version of the iPhone in 2011. Within the U.S., the iPhone is only obtainable on AT&T Inc.'s network, which is straining in some cities under the heavy volume of data consumed by iPhone users. Adding carrier partners could lure U.S. smart phone buyers who have been reluctant to switch to already-taxed AT&T.

Shares in Apple traded as high as $299.50 Tuesday prior to ending the day at $298.54, a gain of $3.18.

Apple's shares have climbed sharply and fairly steadily since the end of the dot-com bust, from about $7 per share in early 2003 to nearly $169 in the summer of 2008. The stock dropped below $100 per share in late 2008 and early 2009 as investors worried about the health of CEO Steve Jobs, but it has been gaining since March 2009. Shares set all-time high records on a split-adjusted basis several times this year.

Apple iPhone 4 During Installments Along with Without Awareness

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Robert Shapiro Already Done With Lindsay Lohan?

So much for Lindsay Lohan's legal Dream Team.

On the eve of her surrender, the jail-bound starlet's incoming attorney, former O.J. Simpson defender Robert Shapiro, stepped down following a private meeting with the judge who's been presiding over Lohan's case, reports the L.A. Times.

Shapiro publicly acknowledged just days ago that he was representing the troubled actress on the condition that she comply "with all of the terms of her probation, including a requirement of jail time."

She's due to turn herself in tomorrow, so what went wrong?!

Last week, she checked into Pickford Lofts, a sober-living house started by Shapiro after he lost his son Brent to a drug overdose in 2005. Shapiro was spotted heading into the building on Thursday, as was Lohan's assistant.

Though ostensibly a positive step, it may have been Lohan's brief stay at the Los Angeles residence that made things worse. A source tells E! News that Shapiro was not happy with her behavior there.

"She was unruly," the source says. "She was having people over at all hours of the night. She acted like she ran the place."

According to various reports, Lohan had a tough weekend, nibbling on her nails and chain-smoking as she dreaded being locked up Tuesday—even though she'll probably only spend about three weeks in jail rather than three months.

As of today, the L.A. District Attorney's Office had no advance knowledge of an attempt on Lohan's part to appeal her sentence, though a source close to her had told E! News that Lindsay wanted to spend her 90 days in a locked-down rehab facility, rather than jail (after which, she'll have to go to court-ordered rehab anyway).

Lohan's expected at the Beverly Hills Courthouse at 8:30 a.m., after which she's due to be transported to the Century Regional Detention Facility in Lynwood.

It's unclear now who will be representing Lohan in court. Calls to Shapiro and the attorney he was supposed to be replacing, Shawn Chapman Holley, have not yet been returned. Holley never signed the paperwork that would have officially removed herself as Lohan's counsel.

"The only 'bookings' that i'm familiar with are Disney Films, never thought that i'd be "booking" into Jail... eeeks," the onetime Parent Trap star tweeted tonight.



From: http://www.eonline.com/

Fan boys, and girls, gear up for Comic Con

North Carolina (Reuters) - When the giant Comic Con convention begins previewing this year's show in San Diego this coming Wednesday, Hollywood will be there in force hyping new movies and television series.

In recent years, Comic Con has helped launched films like "Iron Man," "Twilight" and "Avatar" to tremendous box office success, and the number of movies and TV shows being promoted in 2010 seems larger than ever for what, once upon a time, was merely a gathering of comic book fans.

Major studios and TV networks are showing reels from movies such as alien invasion "Battle: Los Angeles" or "Scott Pilgrim vs. the World" and TV series like AMC's zombie horror "The Walking Dead," hoping to tap into an influential group of pop culture watchers, so-called 'fan boys,' primarily males between 18- and 34 years-old.

Stars on hand include Bruce Willis and Sylvester Stallone. 3D movies are big this year, as are films and TV programs that appeal to young women, which are among the gathering's fastest growing audience, organizers say.

"If fans go to Comic Con and they see something about the new Marvel movies 'Thor' or 'Captain America' that they like, and they suddenly start texting or Twittering about it, before you know it, it's like a prairie fire," said comic book legend Stan Lee, who is the subject of a new documentary debuting at the convention, "With Great Power: The Stan Lee Story."

"It's all over the country and eventually all over the world," said Lee.

Around 126,000 pop fans of comics, movies, video games and TV are expected to descend upon the San Diego Convention Center for the annual show, which starts with a preview night on Wednesday, July 21, and runs through Sunday, July 25.

"TRON Legacy" film director Joe Kosinski knows first-hand the power of "The Con," the name regulars use for the show.

"We surprised the audience in 2008 by showing an effects test that I did for the film to gauge audience reaction, and it was so overwhelming the studio immediately greenlit the film," said Kosinski, who debuted 3D "TRON Legacy" footage last year.

Walt Disney Pictures has dubbed this year's event, ComiTRON and dedicated a full one-hour panel to the 3D film with its stars like Jeff Bridges, Bruce Boxleitner and Olivia Wilde.

3D COMIC CON

In the wake of "Avatar's" successful Comic Con debut last year, there are more 3D movies featured at the show than ever, including Sony Pictures "Resident Evil: Afterlife," Lionsgate Entertainment's "Saw 3D," the Weinstein Company's "Piranha 3D," and Dreamworks Animation's "MegaMind."

"With 3D becoming a natural extension of storytelling and Comic Con being the Mecca of pop culture, it's a huge deal to present 'Drive Angry 3D' in 3D to that genre-friendly audience," said Patrick Lussier, the director of the Summit Entertainment movie, which stars Nicolas Cage.

After seeing success at the show with "300," director Zack Snyder returns this year with Warner Bros. Pictures' all-female action fantasy set in the 1950s called "Sucker Punch."

"When I go to Comic Con I'm always looking for that sort of under-the-radar film...and I'm hoping that that's what I've created with 'Sucker Punch,' said Snyder. "That thing that you didn't expect to see that sort of blew you away."

Like Snyder, writer/director Guillermo del Toro had been attending Comic Con as a fan for years, buying up collectibles by the box load, before starting to show up for "work."

"It's really as close to paradise as I can get," said del Toro. "It's a great place to find new artists to work in movies with me. It's a great place to meet old friends and for a geek, it's as fantastic as a shopping spree in 'Sex in the City,' but with comic books and model figures."

Del Toro debuts his latest horror film, a remake of the 1973 film, "Don't Be Afraid of the Dark," at this year's show for Miramax Films.

According to David Glanzer, director of marketing for Comic Con International, the "geeks" that attend the convention and who once were mostly male, are now 40 percent female.

That bodes well for TV shows like Fox's "Glee" and USA Networks' "White Collar," both of which feature cast panels.

Along with tough-guy actors like Willis ("Red") and Stallone ("The Expendables"), 'fan girls" can expect to see Tina Fey ("Megamind") and Sigourney Weaver ("Paul"). And buzz is building that Angelina Jolie may make an appearance during Sony Pictures' "Salt" panel to wow the crowd, much like Johnny Depp did last year to promote Disney's "Alice in Wonderland."

From: http://uk.reuters.com/