Anticipation builds over Apple Computer’s media event later today

“Speculation continued to flitter around Silicon Valley about what new device or technology Apple Computer Inc. would spring on the public at an eagerly awaited news conference Wednesday,” Greg Sandoval reports for The Associated Press. “Few companies know how to ratchet up anticipation like Apple. Last week, the company issued a terse and cryptic e-mail to journalists notifying them that it would make an announcement but then refused to tell them anything more.”

“That was enough to draw lots of fanfare… Even his archrivals would concede that Jobs is a savvy showman who knows how to build suspense. Already, the hoopla over the news conference is paying off, as Apple shares climbed 5 percent, or $2.47 cents, in afternoon trading Tuesday to reach a 52-week high of $48.81,” Sandoval reports. “But is this a case of Apple manipulating the public or does the company’s stranglehold on the digital-music industry demand that attention be paid to Apple no matter what?”

Sandoval reports, “Nobody would care about such publicity stunts if the company didn’t back them up with strong products, said Susan Kevorkian an analyst with research firm IDC. ‘There is always uncertainty around Apple’s announcements,’ Kevorkian said. ‘If it is big news we want to be prepared. And if it’s not we still want to be there because they are such a major player in the MP3 and music-playing markets.'”

Full article here.

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39 Comments

  1. I don’t know what most of the media have been smoking, but give me a break – a phone that plays 100 or 200 songs ? Who cares ?

    If Apple truly believes this is as big as the original iPod, then it has to be more than a phone.

    Of course, meybe they’re just yanking our chains…

  2. Why dont we just wait for the announcement? That way no one will find themselves in the overwhelmingly embarrasing situation that Bill Palmer found himself in when he declared that Apple would absolutely NOT make a “headless iMac”… and Apple promptly produced the Mac mini. Palmer has been backpedaling ever since.

  3. Greg Sandoval reports for The Associated Press: “Apple… company’s stranglehold on the digital-music industry.”

    Would Sandoval use the word “stranglehold” if discussing the sooooooon to be release of Vista?

    It’s my humble opinion that the iPod is such a great little device that the consumers have spoken with their dollars. That doesn’t seem to merit “stranglehold.”

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