IBM loses Apple account to Intel

Sources say that IBM's loss of the Apple account may have been a blessing in disguise for IBM.
Apple provided little revenue and IBM is now focused on providing chips for the next gen consoles from Microsoft, Sony and Nintendo. According to analysts, the loss will have more of a "PR impact than a financial impact." I think most may have expected IBM to issue some sort of aggressive statement especially given the size of their PR machine, but they declined to comment other than to say that its Power PC is moving ahead and beyond the PC. Read the full story.

Apple's iTunes surpasses music swapping peer-to-peer downloading sites

A study by market research firm NPD Group found that approximately 1.7 million U.S. households downloaded a song from iTunes in March. That was good enough to earn the store a second-place ranking with peer-to-peer downloading service LimeWire. Interesting development as we await the Supreme Court decision on file swapping (see previous blog entry). Read more here.