THE BIG UNTRUTH ABOUT APPLE iPAD MINI

By Dylan Ramsey

The iPad mini is here.

Pad mini...

Q. He compares it (iPad mini) to the iPad 2 and not the iPad 3, why?!
A. Because the iPad 2's resolution is 1024 x 768 and the iPad mini is same. However the iPad 3 is retina with a resolution of 2048x1536.
So, the iPad mini is recycled left over parts, invented as a means to cash grab from it's customers.

The processor on the iPad mini is the same as the iPad2, the A5, and the iPad 3 A5X.. again.. old spare parts used to create the mini from obsolete tech to recycle and take your hard earned money.

At least the camera (front and back) and video capture on the iPad mini is newer. So they upgraded some aspects of this device.. but not the important parts. CPU, GPU and Resolution.

Phil's selling point and I quote "The technology in the iPad mini is equal to or better than the iPad 2" -- Uh.. the iPad 2 is a year and change old Phil... And the lemmings in the audience clap at this.. wtf.. Applelites (Apple Fanatics) are so damn stupid, it's ridiculous.

Lastly, it's "new innovative design" is basically ripping off Samsung's mobile devices..

iPad vs iPad Compare specs:
http://store.apple.com/us/browse/home/shop_ipad/compare

--

In the video Phil compares the iPad mini vs a Google Nexus 7

What he doesn't tell you is that the Nexus 7 (8GB) starts at $199, and the iPad mini (16GB) starts at... $329. However, the 16GB Nexus 7 sells for $249.. still under the iPad mini's $329.

What Phil strategically avoids telling the lemmings in the audience is that the Nexus 7 has a higher resolution, higher pixel front faced camera, a better and more powerful CPU, a micro USB connector (universal), Android Beam, Magnetometer, Gyroscope and all that for LESS MONEY.

Best Buy forced to Close 50 Stores

MINNEAPOLIS - Best Buy plans to close 50 big box stores and open 100 small mobile locations in the U.S. in fiscal 2013 and cut $800 million in costs by fiscal 2015.

The news came Thursday as the biggest U.S. specialty electronics retailer posted a fiscal fourth quarter loss, partly due to restructuring charges.

Despite the loss, Best Buy's adjusted results for the quarter topped Wall Street's expectations. But the company's full year revenue guidance fell slightly short of analysts' expectations, sending its stock down 6%.
Best Buy, which has 1,450 locations nationwide and 2,900 globally, is focusing on closing some of its hulking stores to concentrate on smaller Best Buy Mobile outlets because of two emerging trends. Sales of TVs, digital cameras and videogame consoles have weakened, while sales of tablet computers, smartphones and e-readers have increased. And with the rise of competition from Internet rivals like Amazon.com, shoppers aren't flocking to big-box stores like they used to.

A list of the stores to be closed was not immediately available. Best Buy said Thursday: "We will announce details about specific store locations and timing for closings once they are finalized."
Best Buy is trying to avoid the fate of its former rival Circuit City, which went out of business in 2009. Other retailers with large stores are also shrinking their footprint. Sears Holdings, for example, said earlier this month it would close 100 to 120 stores to become nimbler.

Best Buy lost $1.7 billion, or $4.89 per share, for the period ended March 3. That compares with a profit of $651 million, or $1.62 per share, a year ago.

The Minneapolis company said its quarterly results included $2.6 billion in charges. They were mostly related to its purchase of Carphone Warehouse Group's interest in the Best Buy Mobile profit-sharing agreement and related costs, as well as an impairment charge tied to writing off Best Buy Europe goodwill and restructuring charges.

Taking these items out, adjusted earnings were $2.47 per share, above the $2.15 per share that analysts surveyed by FactSet forecast.

Revenue rose 3% to $16.08 billion, but missed Wall Street's $17.18 billion estimate.
Best Buy's stock (BBY) was off more than 9% by noon.

Revenue at stores open at least a year -- an indicator of a retailer's health -- slipped 2.4%. But it was a smaller drop than a year earlier, when the company reported a 4.7% decline.

For the full year, Best Buy lost $1.23 billion, or $3.36 per share, compared with a profit of $1.28 billion, or $3.08 per share, the prior year. Adjusted earnings were $3.64 per share, which tops the previous year's $3.43 per share.

Annual revenue rose 2% to $50.71 billion. Revenue at stores open at least a year fell 1.7%. In the prior-year period, the figure dropped 1.8%.

Going forward, Best Buy said it expects to reduce about $250 million of costs in fiscal 2013. The company foresees fiscal 2013 earnings of $2.85 to $3.25 per share and adjusted earnings of $3.50 to $3.80 per share. Analysts expect earnings of $3.67 per share.

It expects fiscal 2013 revenue of $50 billion to $51 billion, with revenue in stores open at least one year falling 2% to 4%. That fell slightly short of analyst predictions of $51.6 billion.

"The firm is taking incremental steps to address its strategic challenges," wrote Goldman Sachs analyst Matthew Fassler. "That said, the soft close to the quarter, and subdued sales guidance, suggest that competitive pressure may be drifting into market share as well as margin, with Apple stores and Amazon.com the two most likely culprits."

The stock had been up 14% since the beginning of the year.

UMichigan Professor Uses iPads to Remake the Chalkboard 

Wednesday January 11, 2012 1:13 pm PST by Jordan Golson  (Via MacRumors.com)

Apple's big education announcement may be January 19th in New York City, but that doesn't mean Apple is the only company innovating in the educational space. University of Michigan professor Perry Samson has developed an iPad app called LectureTools that Samson hopes can turn laptops and iPads from a way to distract bored students into an interactive learning tool that keeps them engaged.  (more..)