Apple stock has dropped sharply since it announced earnings that disappointed analysts. Now the tech tastemaker is paying another price, losing its crown as the world's most valuable company to Exxon Mobil.
Exxon's market capitalization, the total value of its outstanding stock, was about $417 billion Friday. Apple's was about $413 billion.
NPR's business news starts with Microsoft's earnings.
Yesterday we told you about Apple earnings. Despite heavy sales of iPhones and iPads, its profits were flat last quarter. That's still better than Microsoft, which reported a four percent earnings decline. Those disappointing figures are blamed on sagging sales of personal computers, which have created a shrinking market for Microsoft's newest PC operating system, Windows 8. Transcript provided by NPR, Copyright NPR.
Originally published on Thu January 24, 2013 1:42 pm
Two hackers associated with the group Anonymous will serve time in jail. A British judge handed down the sentence after the two were convicted of perpetrating attacks against the Paypal and Mastercard websites.
The BBC reports Christopher Weatherhead, 22, and Ashley Rhodes, 28, will serve 18 months and seven months respectively. The BBC adds:
"Co-defendant Peter Gibson was given a six-month sentence, suspended for two years, while another defendant, Jake Birchall, 18, will be sentenced later."
A French judge will decide this week if Twitter must hand over the identities of users sending anti-Semitic tweets. The case, brought against Twitter by a Jewish student organization, pits America's free speech guarantees against Europe's laws banning hate speech.
The controversy began in October, when the French Union of Jewish Students threatened to sue Twitter to get the names of people posting anti-Semitic tweets with the hashtag #unbonjuif, or "a good Jew."
Information technology has transformed much of the American economy, but its use in health care still lags, especially when it comes to electronic medical records.
Here's an example: The state of Colorado runs a computerized registry where any provider who gives a child a vaccine can report that information. The system should help kids stay current with their immunizations.