It's always busy at Apple
Shareholders voted against forcing the company to go public with its succession plans. It then refreshed its line of MacBook Pro computers, but only after sending out media invitations for an event coming up on Wednesday.
It's almost certain that Apple will introduce the iPad 2 during that press fete. That would be a great way to silence the rumors of tablet delays, and it also would come less than a week after Motorola Mobility
Xoom zoomed into stores on Thursday. It's not cheaper than the original iPad, but it packs an impressive spec sheet as the first tablet built on Google's new Honeycomb Android platform, which is designed for tablets in mind.
If there isn't a run on Xoom tablets, it may be that consumers want to see whether Apple's iPad 2 will raise the stakes in a few days. With so many other hyped-up tablets ready to hit the market in the coming weeks and months, Apple can't afford to simply phone it in here.
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
(NYSE: DMD)posted a rare quarterly profit in its first report as a public company. It also defended the quality of its articles against "content farm" accusations.
- Moviegoers aren't shying away from premium experiences. IMAX
(Nasdaq: IMAX)posted a 28% spike in revenue in its latest quarter.
(NYSE: RST)posted preliminary quarterly results. Things weren't pretty for the language-software giant.
- Can Garmin
(Nasdaq: GRMN)find its way back? Revenue fell by 21% in its latest quarter, with adjusted earnings falling twice as hard. The GPS giant's guidance for 2011 also wasn't very encouraging.
Until next week, I remain,
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Longtime Fool contributor Rick Munarriz recommends windshield wiper fluid when trying to look back. He owns no shares in any of the stocks in this story and is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Fool has a disclosure policy.