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    Apple could crush quarterly iPad sales record with projected 20 million in Q2

    Newsflash: The Apple iPad is still really, really popular. And according to Needham & Company analyst Charlie Wolf, it’s now even more popular than it’s ever been. Apple Insider reports that Wolf has revised his previous projection of 13.5 million iPads sold in the second quarter of 2012 all the way up to 20 million, even more than the 15 million iPads it sold during the 2011 holiday quarter.

    Wolf is even more bullish about the iPad’s potential future sales as well, since he sees that the tablet is being adopted much more rapidly by businesses than the iPhone was after its release.

    “In our view, it’s only a matter of time before iPad shipments exceed iPhone shipments,” Wolf wrote in his note to investors on Thursday. “The iPad is invading the business market at a much faster pace than the iPhone. In addition, the iPad will launch in China on July 20th. This should provide a significant boost in sales now that Apple is providing Chinese languages and services on its iOS platform.”

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    • Fox News Reporter James Rosen May Face Criminal Charges for Reporting on the CIA

      The government will use any and all information at its disposal to find journalist sources, as shown in The Washington Post's report this morning on a Department of Justice investigation into Fox News chief correspondent James Rosen, who may face criminal charges for reporting government secrets.

    • What We Know About the Record Breaking Powerball Jackpot's Mystery Winner

      The frenzy for last minute tickets is over. The numbers have been picked out. Somewhere, a single person is $590.5 million richer. Last night's record Powerball jackpot has a winner but we have no idea who that person is yet. 

    • Sci-Fi Film 'After Earth' Presents Dark Future for Humanity

      The Earth is a pretty bleak place for humans in the new science fiction movie, "After Earth."

    • Is The White House Obscuring the Truth?

      What did the president know and when did he know it?

    • U.S. justices rule for PPL Corp in overseas tax case

      By Lawrence Hurley WASHINGTON (Reuters) - The Supreme Court on Monday ruled for utility PPL Corp in its dispute with the U.S. Internal Revenue Service over credits the company claimed to offset overseas tax payments. The court ruled on a unanimous vote that Pennsylvania-based PPL can claim $39 million in U.S. foreign tax credits against a 1997 British windfall tax. Writing on behalf of the court, Justice Clarence Thomas said the "predominant character of the windfall tax is that of an excess profits tax, a category of income tax in the U.S. sense." At least two other U.S. ...

    • Horse racing-Seven more Al Zarooni horses test positive

      * Seven Al Zarooni horses positive for anabolic steroids * BHA to take no further action pending outcome of trainer appeal (Adds details) LONDON, May 20 (Reuters) - Seven further horses trained by banned Mahmood Al Zarooni, including 2012 St Leger winner Encke, have tested positive for anabolic steroid stanozolol, the British Horseracing Authority said in a statement on Monday. Godolphin trainer Al Zarooni was handed an eight-year ban by the BHA last month for doping horses with anabolic steroids after 11 tested positive at his stable in Newmarket, England. ...

    • Report: Obama Administration Apologizes for Another National Security Leak

      “Can you imagine if things were reversed and somebody did that to the U.S.?"

    • North Korea Can't Stop Firing Missiles

      North Korea launched two more "projectiles" into the Sea of Japan on Monday and this is not a broken record. This was the fifth and sixth launches in the last three days putting Pyongyang back in full belligerence mode after a brief period of calm. South Korea's Yonhap News says the latest projectile is believed to be a small surface-to-surface missile, but military officials are still trying to determine exactly what was used. All six launches have been short-range projectiles fired from North Korea's east coast before falling into the sea.

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