Ecopolitics: Why Japan Risks Its Place In the World to Hunt Whales

Technology: Hot Gadget Cold Stock
Steve Jobs didn't announce anything as revolutionary as the iPhone at Macworld on January 15, but he did manage to introduce iTunes Movie Rentals and the envelope-thin MacBook Air, altering the landscape in film rentals and laptops. "It just goes to show that even when Apple doesn't announce a tsunami of a product, it still makes waves," says Michael Gartenberg, vice president and research director at JupiterResearch.

But not necessarily money. On the one-year anniversary of the iPhone's unveiling, Jobs shared some hard data on the device's sales. Apple has sold 4 million units to date, short of the 5 million some analysts predicted. Perhaps because of that—and despite admiring commentary on the chic waistline of the MacBook—Wall Street seemed unimpressed: Apple stock closed last week down 10 percent.

—Brian Braiker

© 2008