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Apple Computer: iTunes visits skyrocket on Christmas Day
Apple iTunes website on Christmas Day was up 413% when compared to last Christmas as new iPod owners ran to the web to download iTunes, according to Hitwise. Overall, the iTunes website increased by 1,222% in the same period, and outnumbered visits to Zune.net by 30 to 1. Bill Tancer, general manager of global research at Hitwise said “Competitive offerings have not yet succeeded in capturing the attention of music listeners, and the surge in visits to the Apple Store shows that iPod owners are also engaged in filling and accessorizing their new devices.” (Briefing.com)

In other Apple News……………………..

Steve Jobs recieved 7.5 Million in stock options without Apple’s Board Approval
Steve Jobs, CEO of Apple Computer, was handed 7.5m stock options in 2001 without the required authorization from the company’s board of directors. Apple is among more than 160 companies that have owned up to stock option backdating – handing options to executives and other employees at exercise prices that were set in hindsight at favourable levels – a scandal which has led to the departure of a number of chief executives. The SEC is investing into the matter. (Richard Waters)

and……………….

Shares from Apple fell by close to 2 percent in midday trading on Thursday after the revelation that Steve Jobs was handed 7.5m stock options in 2001 without the required authorisation from its board of directors.

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