Looks Like We May Be Stuck With Just An Iphone 4s After All (aapl)

The evidence continues to grow that Apple will only announce an iPhone 4S on Tuesday, a souped up iPhone 4 that has the same external design but a faster processor and other powerful internals.

9to5Mac discovered a mention of the "iPhone 4S" in the latest developer beta of iTunes. The reference also links to an image of the current Verizon version of the iPhone 4.

There's no mention of an iPhone 5 or any photos of a redesigned device.

It looks like Apple pulled the iTunes beta from its developer's page. We can't find it, and we're hearing the same thing from other developers on Twitter. We're still trying to confirm Apple removed it.

Head over to 9to5Mac to see the evidence >

UPDATE: Yup, it looks like Apple has removed the latest iTunes beta from its developer's site. We just tried to download it and got the following error:

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See Also:

• The iPhone 5 Might Have Double The Internal Storage Of The iPhone 4
• iPhone 5 Cases Pop Up At AT&T Stores Sporting Revamped Design, Mute Switch On Other Side
• The iPhone 4S Pops Up In Apple's Own Inventory System

Looks Like We May Be Stuck With Just An iPhone 4S After All (AAPL)

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Chart Of The Day: Steve Jobs Leaves, Apple's Stock Soars (aapl)

Since Steve Jobs left his post as CEO of Apple, the stock has taken off, rising 10%. Somewhat surprising, since you would think the stock would tank after the company lost its visionary leader.

Apple is trading at an all time high, closing today at $413. The company's market cap is $390, and it will soon be over $400 billion, giving it a very good chance to be worth more than Google and Microsoft combined.

But, the Jobs situation was hanging over the stock, keeping it in a holding pattern. With him out, that uncertainty is out of the way.

Also holding the stock in check -- the company deviated from its normal pattern by not releasing a new iPhone this summer. The next iPhone launch is expected in weeks, which is getting investors excited.

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See Also:

• Why Apple Was Dying Before Steve Jobs Returned, According To Steve Jobs
• The Top 10 Coolest Patents Held By Steve Jobs
• CHART OF THE DAY: The iPhone Is Absolutely Slaughtering The Blackberry

CHART OF THE DAY: Steve Jobs Leaves, Apple's Stock Soars (AAPL)

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Here's What The Apple Tv Will Be Like (aapl)

The drumbeat is growing: a lot of people think Apple is going to introduce a TV set in 2012. 

Piper Jaffray analyst Gene Munster reiterated his call for a 2012 Apple TV, and technology grandee Jean-Louis Gassée takes a stab at figuring out what it'll be like:

Imagine a true plug-and-play experience. One set with only two wires: power and the cable TV coax. Turn it on, assert your Apple ID credentials and you’re in business. The program guide looks good and is easy to navigate; pay channels are just a click and a password away. The TV runs apps, from games to FaceTime and Skype, it “just works’’ with your other iDevices and also acts as a Wi-Fi base station using the cable provider’s Internet service.

One problem is that the Apple TV would have to support the many cable systems. The TV would have to either only support a few operators, or be complex and prone to bugs. Cable operators killed the CableCARD, which was supposed to plug into your TV and replace your set-top box, because it would be too complex to service. Apple would have to either rely on the cable guys to play nice and support it or, Gassée speculates, create its own "Apple Geek Squad" that would come to your house and fix it. 

The other problem is that people don't upgrade their TVs as often as they do their other consumer electronics. Moore's Law ensures that computers and phones quickly become obsolete, and you have a reason to spring for a new computer and phone every year or every two years. Once a family springs for a big, great TV, they won't renew so often.

But you could have made the same argument with phones: carriers have different systems, have competing requirements, and Apple worked that out over time. The phone business is commoditized, with wafer-thin margins, and Apple came up with must-have devices that allowed it to get carriers to play nice and (thanks to subsidies) sell incredibly powerful phones.

As Munster says, "Apple will do to TV manufacturers what it did to phone makers with the iPhone."

Let's just hope they don't call it an iTV → 

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See Also:

• CHART OF THE DAY: iPads May Soon Cost More Than Big Screen TVs
• THE APPLE INVESTOR: Is Apple Stock Less Lovable Without Steve Jobs?
• Windows Chief Explains That Microsoft Wants It Both Ways

Here's What The Apple TV Will Be Like (AAPL)

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Apple Has More Cash On Hand Than The U.S. Government (AAPL)

Here's something to keep in mind as you follow this evening's congressional debate over the debt ceiling.

According to the latest daily statement from the U.S. Treasury, the government had an operating cash balance of $73.8 billion in at the end of the day yesterday.

Apple's last earnings report (PDF here) showed that the company had $76.2 billion in cash and marketable securities at the end of June.

In other words, the world's largest tech company has more cash than the world's largest sovereign government.

That's because Apple collects more money than it spends, while the U.S. government does not.

(The Atlantic and CNBC both pointed this out earlier.)

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See Also:

• HTC Is Sick Of Its Patent War With Apple, Wants To Negotiate A Truce
• iPads Have Outsold Android Tablets 24 To 1
• Apple's New Grand Central Terminal Store Looks Stunning

Apple Has More Cash On Hand Than The U.S. Government (AAPL)

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