Apple to reveal musical something on September 1

iPods, Apple TV, cloudy tunes?


Fanbois, mark your calendars: Apple has sent out invitations to a music-themed event to take place in San Francisco next Wednesday morning.

With customary Cupertinian minimalism, the email message provides no information about what will be announced at the invitation-only event — just the 10:00am starting time and the venue, the Novellus Theater at the Yerba Buena Center for the Arts, site of similar Apple roll-outs.

The only hint as to what might be announced at the event is the invitation's image — a C.F. Martin Dreadnought guitar with a sound hole in the shape of the Apple logo:

Apple 'Special Event' invitation image

Possible candidates for new products to share the stage with CEO Steve Jobs are updated iPods, the feverishly rumored Apple TV, and maybe even the launch of an in-the-cloud music service.

We're willing to bet on the iPod refresh. Last September 9, Apple introduced the video camera–equipped iPod nano along with upgrades to iTunes, the iPod classic and iPod touch, and a new set of colors for the iPod shuffle. It's about time for a full-scale iPod line refresh — one that will likely include an iPod touch with a front-facing camera that'll support Wi-Fi–based FaceTime video conferencing as is found in the iPhone 4.

The recently rumored cloud-based Apple TV and music service, we're less sure about. Both cloudy offerings would require a lot more data-center oomph than Apple currently has on tap, and that $1bn data center that it's constructing in North Carolina won't be finished until later this year.

From where we sit, launching the Apple TV would make more sense nearer to the holiday shopping frenzy later this year, while an iPod refresh makes sense now during the "Buffy and Biff are about to go to college" buying spree. And then there's the off-message dissonance of a guitar being used to promote an Apple TV–launching event.

We'll see — and although Vulture Annex is only a block or so from the YBCA, we won't be trekking that short distance to bask in the Jobsian reality-distortion field. As longtime Reg readers know, we're longtime personae non grata in the eyes of Cupertino. ®


Other stories you might like

  • Twitter founder Dorsey beats hasty retweet from the board
    We'll see you around the Block

    Twitter has officially entered the post-Dorsey age: its founder and two-time CEO's board term expired Wednesday, marking the first time the social media company hasn't had him around in some capacity.

    Jack Dorsey announced his resignation as Twitter chief exec in November 2021, and passed the baton to Parag Agrawal while remaining on the board. Now that board term has ended, and Dorsey has stepped down as expected. Agrawal has taken Dorsey's board seat; Salesforce co-CEO Bret Taylor has assumed the role of Twitter's board chair. 

    In his resignation announcement, Dorsey – who co-founded and is CEO of Block (formerly Square) – said having founders leading the companies they created can be severely limiting for an organization and can serve as a single point of failure. "I believe it's critical a company can stand on its own, free of its founder's influence or direction," Dorsey said. He didn't respond to a request for further comment today. 

    Continue reading
  • Snowflake stock drops as some top customers cut usage
    You might say its valuation is melting away

    IPO darling Snowflake's share price took a beating in an already bearish market for tech stocks after filing weaker than expected financial guidance amid a slowdown in orders from some of its largest customers.

    For its first quarter of fiscal 2023, ended April 30, Snowflake's revenue grew 85 percent year-on-year to $422.4 million. The company made an operating loss of $188.8 million, albeit down from $205.6 million a year ago.

    Although surpassing revenue expectations, the cloud-based data warehousing business saw its valuation tumble 16 percent in extended trading on Wednesday. Its stock price dived from $133 apiece to $117 in after-hours trading, and today is cruising back at $127. That stumble arrived amid a general tech stock sell-off some observers said was overdue.

    Continue reading
  • Amazon investors nuke proposed ethics overhaul and say yes to $212m CEO pay
    Workplace safety, labor organizing, sustainability and, um, wage 'fairness' all struck down in vote

    Amazon CEO Andy Jassy's first shareholder meeting was a rousing success for Amazon leadership and Jassy's bank account. But for activist investors intent on making Amazon more open and transparent, it was nothing short of a disaster.

    While actual voting results haven't been released yet, Amazon general counsel David Zapolsky told Reuters that stock owners voted down fifteen shareholder resolutions addressing topics including workplace safety, labor organizing, sustainability, and pay fairness. Amazon's board recommended voting no on all of the proposals.

    Jassy and the board scored additional victories in the form of shareholder approval for board appointments, executive compensation and a 20-for-1 stock split. Jassy's executive compensation package, which is tied to Amazon stock price and mostly delivered as stock awards over a multi-year period, was $212 million in 2021. 

    Continue reading

Biting the hand that feeds IT © 1998–2022