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Shipping delays have shrunk from 5-to-7 business days to 3-to-5 days which is great because now Apple will run more ads.

Apple – iPad – View photos and images of iPad.

But seriously, how long has it been? Five months with no iPads on hand? Now if only they had enough iPhone 4’s.

Here is the situation in Korea:

SEOUL (AFP)–South Korea’s KT Corp. (KT) said tens of thousands of people jammed its website Wednesday, as it began to take pre-orders for Apple Inc.’s (AAPL) iPhone 4.

KT Corp., the country’s sole distributor for the gadget, said in just four hours more than 70,000 people put their names down for the popular smartphone after its online shop opened.

“Our online shop server was jammed instantly as too many clients placed orders simultaneously,” KT spokesman Jin Byung-kwon said.

“So far, the number of orders for the iPhone 4 exceeds well beyond that of the iPhone 3GS,” he said.

See also: Apple’s supply problem

This site is fairly new. It has been around for only about 6 months. In that time there have been 393 postings and 586 comments. It has been read 100k times and I’ve moved it three times to accommodate this growth. Lately, thanks to links from John Gruber’s Daring Fireball, views have increased dramatically (to over 10k/day). This has been a blessing but also a dilemma because the traffic is overwhelming for the humble hosting setup I have. So much so that the site was down due to overload much of yesterday.

I apologize for this downtime.

I am trying to find a solution and have implemented a few optimizations (thanks to my lovely wife’s suggestions).  I also turned on full text RSS feeds so readers don’t need to hit the site for full articles.  In the mean time I hope readers will be forgiving and return even if the site is overwhelmed.

Additional suggestions on how to maintain a high quality of service are welcome.

Apple just had its best quarter ever with net income rising 78 percent to $3.51 per share. Revenue rose 61 percent, to $15.7 billion.

On average, Wall Street analysts had expected Apple to report net income of $3.12 a share on revenue of $14.75 billion.

If this is a double dip recession, then I’ll take triple dip with sprinkles on top.

Asymco.com is now touch friendly. Visit this site with an iPhone for a touch optimized experience. Mobile theme is WPtouch.

This posting is also made using the WordPress app for iPhone and geotagged with my approximate location. At this location one has to do with only Edge and no broadband (or electricity or running water). Fortunately the iPhone and iPad can be charged from a boat battery via a regular car charger.

An Ericsson survey shows that the number of global subscriptions to mobile phone services has passed over 5 billion. The global population is estimated at 6.9 billion.

It’s hard to estimate what 100% penetration in this industry is but there is a strong possibility for another billion accounts to be added in the next year. This estimate includes all service accounts, not individuals. As users begin to carry multiple devices (i.e. phones and iPads), the number of subscriptions could easily exceed the global population. In some countries, penetration above 100 percent is already the norm.

http://news.yahoo.com/s/ap/20100709/ap_on_hi_te/us_tec_global_phone_use

Susquehanna Financial’s Jeff Fidacaro: To $335 from $325.

Kaufman Bros.’ Shaw Wu: To $340 from $320.

Piper Jaffray’s Gene Munster: To $348 from $340.

Caris and Co.’s Robert Cihra: To $325 from $310.

Morgan Stanley’s Katy Huberty: To $332 from $310.

International Strategy & Investment Group’s Abhey Lamba: initiate with $320.

Cowen’s Matthew Hoffman: initiate with $326.

At yesterday’s closing price Apple was trading at a 12-month trailing P/E multiple of 23 despite revenue growth that may exceed 50% and EPS growth that may exceed 70%.

Using the highest target of $348 price target as an example, it prices the shares at a P/E of less than 30 times the most recent 12-month earnings which does not take into account the contributions from the iPad. Continue reading “Analysts upgrading AAPL”

Factory unlocked iPhone 4 Sold by Apple in UK, Canada & France!! | All on the iPhone, iPod touch & iPad.

Unlocked iPhones are being made available at UK, Canadian and French Apple stores for the equivalent of $740, £500 and €600.

This will go some way toward making the iPhone available to a larger population, especially in developing countries.

The data shows how growth is accelerating with the daily add rates for the periods above increasing from 46k/day to 191k/day.

Credit to Turley Muller via MacObserver.com Finance Board.