Apple shares tumble after relatively unimpressive earnings report

Apple Inc. may still make products customers love, but its latest earnings report appears to have broken investors' hearts.

For the third quarter in a row, Apple reported revenue and profit that were impressive by normal standards, but short of what analysts had expected. Investors reacted harshly, driving Apple's stock price down more than 10% in after-hours trading Wednesday.

If that trend holds when trading opens Thursday, Apple will have lost almost $50 billion in market value in the blink of an eye, and its stock will have given up almost all the extraordinary gains it had made in the last year. Investors' and fund managers' belief in one of the world's most widely held stocks will be severely tested in the coming days.

More fundamentally, despite upbeat talk by Apple Chief Executive Tim Cook, the performance is unlikely to quell growing worries that Apple's remarkable run of dominance might be over.

"Overall, compared to other companies, it's impressive. But for Apple's standards, it's not great," said Patrick Moorhead of Moor Insights & Strategy. "I do think this somewhat fuels the perception that Apple is slowing down a bit.... And it's driven by the fact that some of its competitors are catching up, and in some markets have already caught up."

Apple executives did their best during an hourlong conference call with analysts to project optimism and excitement about both the last quarter and the months ahead. They noted that the company had trouble meeting demand for both iPads and Macs, and could have sold many more had they been able to build enough.

They also pointed to a growing business in China and the expansion of iTunes, which is now available in 119 countries.

"Apple is in one of the most prolific periods of innovation in its history," Cook said. "We continue to believe our fundamentals, our remarkable people, our clear and focused strategy will serve us well in the coming months and years ahead."

Cook praised the record numbers posted by Apple. For the three months that ended in December, Apple said revenue increased 18% to a record $54.5 billion. Profit also set an all-time high but was up only slightly from the year-earlier quarter, rising to $13.08 billion, or $13.81 a share, from $13.06 billion, or $13.87.

Apple said it sold a record 47.8 million iPhones last quarter, up from 37 million iPhones in the same quarter of 2011. Despite that massive figure, some analysts had hoped to see stronger demand with sales exceeding 50 million.

"Meeting expectations is not enough for Apple," said Colin Gillis of BGC Financial. "So that's a little bit of a disappointment…. International sales were a little weaker than people expected. So we'll see how that shakes out."

Last quarter saw the introduction of the iPad mini, a 7.9-inch version of Apple's popular tablet computer. The Cupertino, Calif., company said it sold a total of 22.9 million iPads in the quarter, also a record, up from 15.4 million a year earlier. The company didn't break out iPad mini numbers from its total tablet sales, but Chief Financial Officer Peter Oppenheimer told analysts that the smaller version has been a hit and that the company experienced significant backlog getting the product to store shelves. The 22% lower average selling price for Apple's tablets suggests the mini has performed well but probably cannibalized some sales of its 9.7-inch version.

Historic comparisons were challenging this year because the most recent quarter had only 13 weeks, compared with 14 weeks for the same quarter of 2011.

Like many retailers and consumer electronics companies, the quarter from October to December is typically Apple's largest because of the holiday shopping season. Last year, Apple managed to stun investors by beating its own revenue estimates by more than 25% and earnings forecast by nearly 50%. That sent the stock soaring.

But even as Apple extended its lead as the world's most valuable company, and set a record in August for most valuable company ever when not adjusted for inflation, doubts began to creep into the minds of analysts and investors.

Shares have plummeted 27% in the last four months. On Wednesday, shares rose $9.24, or 1.8%, to $514.01 during regular trading.

Apple reported strong earnings in both the third and fourth quarters last year, but the numbers missed analysts' consensus estimates. Gradually, analysts began lowering their forecasts for Apple's earnings for the current fiscal year. At the same time,

Apple experienced some uncharacteristic gaffes. The new Apple Maps app that replaced Google Maps on iOS 6 devices had reliability problems, prompting a rare apology by Apple. And the iPhone 5 that went on sale in September faced long shipping delays as Apple suppliers struggled to adapt to the new, longer screen size.

The dismissal of iOS chief Scott Forstall, a favorite of the late Apple co-founder Steve Jobs, raised eyebrows. But so did a new strategy for launching products: Whereas Apple updates to products used to be few and far between, the company has lately begun increasing the number of products as well as the introduction of new versions.

The first quarter saw one of the busiest product launch cycles in the company's history. The quarter was the first full quarter of sales for the iPhone 5, a new iPod Touch and nano, the fourth iPad, a new 13-inch Retina MacBook Pro, and, of course, the first iPad mini.

Observers have pointed to this accelerated pace as an indication that Apple is facing more competitive pressure from rivals such as Samsung Electronics Co., which is now the world's biggest seller of smartphones, with its Galaxy series of phones. The concern is that the faster upgrade cycle plus the smaller iPad mini will cut into Apple's historically high profit margins.

Such fears over lower profits have also been stoked by the debate over whether Apple plans to release a cheaper iPhone aimed at capturing market share in emerging economies and the concern that Apple has not been able to strike a deal with China's largest carrier.

Now that the first-quarter numbers have been released, analysts will be busy recalibrating their projections over the next couple of days. But the focus is also likely to shift to renewed speculation about new products that investors are hoping will drive another big run for the stock.

chris.obrien@latimes.com

andrea.chang@latimes.com

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Israel elections deal a major setback to Netanyahu

JERUSALEM — Israeli voters dealt a stunning political rebuke to Prime Minister Benjamin Netanyahu, leaving parliamentary elections in a virtual tie between the right and center-left and denying him the mandate he sought to pursue hawkish policies toward Palestinian peace talks, Iran's nuclear program and construction of West Bank settlements.

Netanyahu was still regarded as the most likely candidate to form a new government after Tuesday's voting because there are few other credible figures. But the disappointing performance will require him to reach out to the center in order to form a governing coalition.

With all but votes from prisoners, military voters and some government workers counted early Wednesday, Israel's conservative and religious parties had won 60 seats in the Knesset, Israel's parliament, the same number won by centrist and left-wing parties, who were led by a surprisingly strong performance from a political newcomer, Yair Lapid.

Though the final tally could change slightly, the close race all but ensures a period of turmoil before a new government emerges, and catapults Lapid and his recently formed centrist party, Yesh Atid ("There Is a Future"), into the forefront of Israeli politics. The party formed by the charismatic former TV broadcaster won 19 seats, the second-highest number of any party.

Amid a stronger-than-expected voter turnout of 67% — up from 65% in 2009 — the conservative bloc fell five seats short of the 65 seats it amassed four years ago, while the center-left parties picked up five.

The right was led by a joint slate between Netanyahu's Likud Party and former Foreign Minister Avigdor Lieberman's nationalist Yisrael Beiteinu, which won 31 seats in the 120-member Knesset. That's far less than the combined 42 seats the two parties won four years ago when they ran separately. Based on the ratio determined in the shared slate, the results translate into about 20 seats for Likud and 11 for Yisrael Beiteinu.

Netanyahu held a slim lead as returns began to pour in Tuesday night. As the results were still being tallied, he declared victory early Wednesday and vowed to seek a broad coalition.

"I believe that the election results are an opportunity to make changes that the citizens are hoping for and that will serve all of Israel's citizens," he told supporters. "I intend to lead these changes, and to this end we must form as wide a coalition as possible."

That last part, at least, will prove true for whomever forms the next government.

Even before the tally slipped into a tie, however, Labor Party leader Shelly Yachimovich called the results a "no-confidence vote" for the prime minister, saying, "The public has said a clear 'no' to Netanyahu's policy." She also vowed to fight to replace Netanyahu in the coming days.

Her left-leaning party received 15 seats, but it was eclipsed by the surprise performance of Lapid's party, which won nearly twice as many seats as polls had predicted.

The results signal a slowdown in the rightward shift of the Israeli electorate in recent years. The conservatism has been attributed to growing pessimism by many Israelis about peace talks and by the belief that Palestinians will never accept Israel as a Jewish state. Such sentiments spread after the Palestinian uprising a decade ago, when hundreds of Israeli civilians were killed in suicide bombings.

Netanyahu's tough stance toward Palestinians and expansion of Jewish settlements on land claimed by Palestinians has tapped into such sentiments.

But critics, including centrist leaders like Lapid, say Netanyahu's policies have isolated Israel internationally and squandered a chance to reach a peace deal with Palestinian Authority President Mahmoud Abbas. Abbas has been praised as a moderate Palestinian leader who disavows violence, but he has refused to resume peace talks as long as Israel continues to build settlements on land it seized during the 1967 Middle East War.

Lapid, 49, appealed to middle-class, secular moderates, focusing his campaign on a promise to end the draft exemption that allows ultra-Orthodox young people to avoid military service and to slash government subsidies to West Bank settlers.

He also supports resuming Palestinian peace talks and opposes attacking Iran's nuclear program without American cooperation.

Though center-left leaders were pressuring Lapid to boycott a new Netanyahu government, he signaled willingness — at least when it still appeared Netanyahu would win — to join if his programs are implemented.

"What is good for Israel is not in the possession of the right and nor is it in the possession of the left," he said. "It lies in the possibility of creating here a real and decent center that listens to the other side, that knows how to engage in dialogue, that remembers that we are here together."

Netanyahu had been expected to reach out to Lapid in an effort to ensure the stability of his coalition and reduce his dependency on far-right and religious parties, such as the ultra-Orthodox Shas. The nature of a governing coalition, however, was thrown into question by the election results.

In theory, adding additional partners would make it more difficult for any single party to threaten to bring down the coalition by withdrawing, although it increases the chances of internal ideological battles.

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Recibe el Cenart el “Live Performers Meeting” del 24 al 26 de enero

México, 22 Ene. (Notimex).- Del 24 al 26 de enero en el Centro Nacional de las Artes (Cenart) se llevará a cabo el “Live Performers Meeting” (LPM), el evento más importante a nivel mundial dedicado a la manipulación y mezcla de video en tiempo real.

Mediante un comunicado de la oficina de prensa del Cenart, se informó que el encuentro incluirá otras actividades en el Centro Cultural Border y la Fundación Alumnos47.

El LPM ofrece la oportunidad de experimentar tres días de actuaciones audiovisuales, talleres, mesas redondas, muestra de productos presentados por cientos de VJs, artistas audiovisuales, profesionales de los nuevos medios y pensadores de todo el mundo.

El evento promueve la práctica de las actuaciones de video en directo, gracias a un programa rico e impredecible que busca explorar temas diferentes a través de nuevos lenguajes audiovisuales, técnicas y tecnologías.

Las atracciones principales de la edición mexicana serán una gran variedad de presentaciones audiovisuales en vivo, talleres, showcases y sesiones de Djs con Vjs, así como un concurso internacional de video jockeys.

El público interesado encontrará espectáculos que van desde el live cinema, videodanza, interacción en vivo, videoarte, mapping, instalaciones multimedia, programación, arte generativo, live coding, danza y teatro con visuales, entre otras.

El LPM empezó en Italia hace ocho años y ha reunido a más de dos mil artistas de todo el mundo en sus 11 ediciones pasadas. Más de 50 mil personas han asistido a sus actividades ya que ofrece una gran gama de talleres y showcases gratuitos para el público en general, así como algunos de paga.

En esta edición en la Ciudad de México, más de 200 artistas provenientes de Argentina, Bolivia, Brasil, Canadá, Chile, Colombia, Costa Rica, Ecuador, El Salvador, España, Estados Unidos, Francia, Italia, México, Perú, Turquía, Reino Unido, Rusia, Uruguay y Venezuela, participarán en casi 100 presentaciones y talleres.

Las presentaciones audiovisuales se realizarán del 24 al 26 de enero, en el Centro Nacional de las Artes. Éstas que van desde el video teatro a la video danza, actuaciones de live cinema, visuales y música generativa, live coding, hasta las fiestas finales animadas por DJs y VJs internacionales.

El Cenart, el Centro Cultural Border y la Fundación Alumnos47 albergarán en un horario de 10:00 a 18:00 horas talleres y presentaciones dedicados a aprender y compartir, basándose en el tema de la cultura de video en vivo.

Se explorarán las teorías de producción de contenidos y el procesamiento de imágenes, además de estudiar y experimentar con nuevas tecnologías así como desarrollar debates sobre la cultura de prácticas libres y Open Source.

NTX/LGZ/MAG

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Walhberg: Boy band union is strong for summer tour

NEW YORK (AP) — For Donnie Wahlberg it's not a matter of why now, rather "why not?"

The recording artist-turned-actor was referring to the news of a major tour with his New Kids on the Block, who'll be joined this summer on "The Package Tour" by 98 Degrees and Boyz II Men.

"The state of the boy band union is strong," Wahlberg joked Tuesday. "Even though technically we're not really boy bands, but we're OK with that, so we'll accept it."

The three bands sold millions of records in the 1980s and '90s and helped usher in a wave of vocal groups that continues today.

The Boston-based NKOTB formed in 1984 and amassed ten Top 20 hits. They broke up in 1994 but got back together after a 14-year hiatus. Wahlberg said he feels the break coincided with the maturation of their fan base.

"They needed time to have families and husbands and children and get jobs and live their life," Wahlberg said.

But now he sees his band's music as a complement to the fans' adult lives.

"We created an outlet for them to feel good about themselves and tap into that youthfulness that had been put to bed for a long time ... you may be 40, but the euphoria of it makes you feel 14 all over again," Wahlberg said.

The band also announced a new single, "Remix (I Like The)," which will be released Jan. 28, and a new album, "10," which is out April 2.

That music will be a bit more mature than some of the band's previous material, member Joey McIntyre said.

"It is about the decisions that a grown man makes and goes through, as opposed to singing songs like 'Popsicle,'" he said.

Nathan Morris, one of the members of Boyz II Men, known since the early 1990s for such hits as "I'll Make Love to You" and "End of the Road," said the tour is going to be all about performing.

"If the boy band thing is attached, it's wonderful, but for all of us in here, we're ready to get out there and sing and perform," he said. "That's just what we do."

Though 98 Degrees is the youngest group on the bill, it has been apart the longest, 12 years.

"So we're excited to get back together and doing what we do," member Nick Lachey said. "We feel reinvigorated by our bond and by our group, so we're very excited by that."

Wahlberg, who stars as Detective Danny Reagan on the CBS television series "Blue Bloods," about several generations of a family of New York City police officers, said the boy bands' tour, kicking off May 31 in Uncasville, Connecticut, and continuing into July with more than 30 dates, is going to be "great."

"You have three acts that have lots of records, lots of fans," he said. "Fans that are anxious to sing those records and anxious to sing other bands' records, too."

___

John Carucci covers entertainment for The Associated Press. Follow him at http://www.twitter.com/jcarucci_ap

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Well: Is There an Ideal Running Form?

In recent years, many barefoot running enthusiasts have been saying that to reduce impact forces and injury risk, runners should land near the balls of their feet, not on their heels, a running style that has been thought to mimic that of our barefoot forebears and therefore represent the most natural way to run. But a new study of barefoot tribespeople in Kenya upends those ideas and, together with several other new running-related experiments, raises tantalizing questions about just how humans really are meant to move.

For the study, published this month in the journal PLoS One, a group of evolutionary anthropologists turned to the Daasanach, a pastoral tribe living in a remote section of northern Kenya. Unlike some Kenyan tribes, the Daasanach have no tradition of competitive distance running, although they are physically active. They also have no tradition of wearing shoes.

Humans have run barefoot, of course, for millennia, since footwear is quite a recent invention, in evolutionary terms. And modern running shoes, which typically feature well-cushioned heels that are higher than the front of the shoe, are newer still, having been introduced widely in the 1970s.

The thinking behind these shoes’ design was, in part, that they should reduce injuries. When someone runs in a shoe with a built-up heel, he or she generally hits the ground first with the heel. With so much padding beneath that portion of the foot, the thinking went, pounding would be reduced and, voila, runners wouldn’t get hurt.

But, as many researchers and runners have noted, running-related injuries have remained discouragingly common, with more than half of all runners typically being felled each year.

So, some runners and scientists began to speculate a few years ago that maybe modern running shoes are themselves the problem.

Their theory was buttressed by a influential study published in 2010 in Nature, in which Harvard scientists examined the running style of some lifelong barefoot runners who also happened to be from Kenya. Those runners were part of the Kalenjin tribe, who have a long and storied history of elite distance running. Some of the fastest marathoners in the world have been Kalenjin, and many of them grew up running without shoes.

Interestingly, when the Harvard scientists had the Kalenjin runners stride over a pressure-sensing pad, they found that, as a group, they almost all struck the ground near the front of their foot. Some were so-called midfoot strikers, meaning that their toes and heels struck the ground almost simultaneously, but many were forefoot strikers, meaning that they landed near the ball of their foot.

Almost none landed first on their heels.

What the finding seemed to imply was that runners who hadn’t grown up wearing shoes deployed a noticeably different running style than people who had always worn shoes.

And from that idea, it was easy to conjecture that this style must be better for you than heel-striking, since presumably it was more natural, echoing the style that early, shoeless cavemen would have used.

But the new study finds otherwise. When the researchers had the 38 Daasanach tribespeople run unshod along a track fitted, as in the Harvard study, with a pressure plate, they found that these traditionally barefoot adults almost all landed first with their heels, especially when they were asked to run at a comfortable, distance-running pace. For the group, that pace averaged about 8 minutes per mile, and 72 percent of the volunteers struck with their heels while achieving it. Another 24 percent struck with the midfoot. Only 4 percent were forefoot strikers.

When the Daasanach volunteers were asked to sprint along the track at a much faster speed, however, more of them landed near their toes with each stride, a change in form that is very common during sprints, even in people who wear running shoes. But even then, 43 percent still struck with their heels.

This finding adds to a growing lack of certainty about what makes for ideal running form. The forefoot- and midfoot-striking Kalenjin were enviably fast; during the Harvard experiment, their average pace was less than 5 minutes per mile.

But their example hasn’t been shown to translate to other runners. In a 2012 study of more than 2,000 racers at the Milwaukee Lakefront Marathon, 94 percent struck the ground with their heels, and that included many of the frontrunners.

Nor is it clear that changing running form reduces injuries. In a study published in October scientists asked heel-striking recreational runners to temporarily switch to forefoot striking, they found that greater forces began moving through the runners’ lower backs; the pounding had migrated from the runners’ legs to their lumbar spines, and the volunteers reported that this new running form was quite uncomfortable.

But the most provocative and wide-ranging implication of the new Kenyan study is that we don’t know what is natural for human runners. If, said Kevin G. Hatala, a graduate student in evolutionary anthropology at George Washington University who led the new study, ancient humans “regularly ran fast for sustained periods of time,” like Kalenjin runners do today, then they were likely forefoot or midfoot strikers.

But if their hunts and other activities were conducted at a more sedate pace, closer to that of the Daasanach, then our ancestors were quite likely heel strikers and, if that was the case, wearing shoes and striking with your heel doesn’t necessarily represent a warped running form.

At the moment, though, such speculation is just that, Mr. Hatala said. He and his colleagues plan to collaborate with the Harvard scientists in hopes of better understanding why the various Kenyan barefoot runners move so differently and what, if anything, their contrasting styles mean for the rest of us.

“Mostly what we’ve learned” with the new study, he said, “is how much still needs to be learned.”

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Japan's central bank pledges new stimulus to combat deflation

WASHINGTON — In unveiling a new stimulus plan, Japan's central bank for the first time set an ambitious inflation target aimed at breaking the nation out of its long deflationary trap and economic stagnation.

But many analysts and investors were disappointed with Tuesday's action.

They said the moves by the Bank of Japan, in response to relentless nagging by Japan's new prime minister to be more aggressive, fell far short of what was needed to put the world's third-largest economy on a path of sustained growth — offering little hope that Japan would provide a boost to the fragile global economy any time soon.

Japan's economy shrank in the third quarter amid weakening exports and consumer spending, and economists said it was likely to report a contraction for the fourth quarter, technically putting it in recession.

Deflation has long been a big part of Japan's economic woes. The trend of falling prices undermines growth by sapping consumers' spending and business profits, hurting jobs, wages and investment.

The country has been in a mild deflation in the last year. To combat that, the Bank of Japan adopted a 2% inflation target — double its previously stated goal of 1% and in line with other central banks in advanced economies, including the Federal Reserve in the U.S.

And much like the Fed, Japan's central bank pledged to pump more money into the financial system by buying government bonds indefinitely every month in a bid to meet its target.

Although the Fed's focus has been on bringing down America's stubbornly high unemployment rate, Japan's central bank is aiming to spur more consumer spending, in part by trying to create expectations that prices will rise, a strategy that not everyone agrees will work.

Japan's new prime minister, Shinzo Abe, praised the central bank's action, calling it "bold" and "epoch-making." The Bank of Japan's statement was issued jointly with Abe's government, which for its part pledged "all possible decisive policy actions" to grow the economy.

But the announcement was met with widespread skepticism from financial markets and experts. For one thing, the central bank's stepped-up buying of government bonds would amount to about 13 trillion yen a month, or about $147 billion, not nearly as much as analysts were expecting.

Furthermore, the Bank of Japan said it would not begin such purchases until early 2014, a delay that puzzled experts.

Takeo Hoshi, a finance professor at Stanford University, said it wasn't clear exactly why the central bank was delaying the expanded stimulus until next year. But he noted that the Bank of Japan is concerned about providing artificial support to unhealthy businesses and fostering undisciplined fiscal spending by buying government bonds and keeping interest rates low.

Hoshi said his bigger concern with Tuesday's joint statement was the lack of concrete steps that Abe's government said it would take to address long-running needs in the Japanese economy, such as deregulation and policies to strengthen competitiveness.

"The fundamental problem is that Japan's potential growth rate has declined over the last 20 years, and Japan hasn't done enough structural reforms to change that," said Hoshi, who directs the Japanese program at Stanford's Asia-Pacific Research Center.

The new 2% inflation-targeting strategy by itself won't drive more consumer spending, said Japanese economics expert Richard Katz, because "people keep expecting inflation and it never happens."

"When they expect more inflation, it actually causes them to spend less because prices go up, but people don't think wages will go up," said Katz, chief editor of the Oriental Economist Report, a monthly newsletter that specializes in Japan and U.S.-Japan relations.

The answer to Japan's economic problems, Katz said, was to provide stronger monetary stimulus and more efficient fiscal spending, along with a series of structural reforms that would enable Japan to become more productive in the face of a shrinking workforce and a population that is aging and saving less.

The Bank of Japan's action also drew criticism from Jens Weidmann, president of Germany's Bundesbank. He warned of government infringement in central bank authority and a resulting "politicized exchange rate" that could lead to currency wars as countries look to bolster economic growth through exports.

Japan, for decades an export powerhouse with perennial surpluses, has been running a trade deficit for the last two years. As prime minister, Abe has sought to devalue Japanese currency to help the country's export industries. The central bank's pledge to buy more bonds could help put further downward pressure on the yen.

Still, experts don't think that the yen will fall much further. Even if it dropped 10%, they said, it would probably have only a minor effect on the overall economy.

"I don't think trade surpluses will come back for Japan," Stanford's Hoshi said. "They need to come up with a new growth model."

don.lee@latimes.com

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In Obama's inaugural speech, a sweeping liberal vision

WASHINGTON — Allowing that "our journey is not complete," President Obama offered a robust liberal vision of America in his second inaugural address, embracing gay rights, action on climate change and a substantial role for government even as he acknowledged the challenges of a bitterly divided nation.

An ocean of American flags waved under overcast skies and hundreds of thousands of faces tilted up just before noon Monday as Obama stood on the Capitol's West Front and repeated the oath of office in America's 57th presidential inauguration.

Chants of "O-ba-ma" rose, echoing from a packed National Mall. The atmosphere was festive, but the fevered excitement that welcomed America's first African American president four years ago had been toned down. Still, though the crowd appeared smaller, it may rank as one of the largest for an inaugural celebration.

In an 18-minute speech, Obama paid tribute to the vast cultural, demographic and political changes that twice helped sweep him into office.

He also highlighted themes of national unity, borrowing language that even the most ardent tea party follower would endorse — praising "the patriots of 1776," describing freedom as "a gift from God," endorsing healthy skepticism of "central authority," and describing as "fiction" the notion that government can solve all ills.

But Obama made clear he views government as essential to fix the nation's problems and to guarantee the security of its citizens, reaffirming Democratic ideology stretching from the days of Franklin D. Roosevelt's New Deal.

"Medicare and Medicaid and Social Security, these things do not sap our initiative," he said. "They do not make us a nation of takers. They free us to take the risks that make this country great."

The remarks were an allusion to one of the fiercest arguments of the presidential campaign — when Republican nominee Mitt Romney described 47% of Americans, Obama supporters, as overly reliant on government — as well as to attacks on entitlement programs during recent budget battles in Congress.

Obama became the first president to use an inaugural address to call for an end to discrimination against gays and lesbians, equating it with landmark movements for women's suffrage and African American civil rights.

"Our journey is not complete until our gay brothers and sisters are treated like anyone else under the law," Obama said as the crowd applauded.

Obama, who long said he was evolving on same-sex marriage, waited until his reelection campaign was in full swing last year before he announced his support.

Speaking on Martin Luther King Jr. Day, a federal holiday, Obama alluded to the slain civil rights leader after putting his hand on two Bibles — one owned by King, and the other used at the 1861 inauguration of Abraham Lincoln.

Obama first took the oath of office from Chief Justice John G. Roberts Jr. at the White House on Sunday, when his term officially began. On Monday, Roberts administered the oath again, and the two men spoke slowly and carefully — unlike four years ago, when they mangled the text and had to arrange a private do-over at the White House.

Former Presidents Bill Clinton and Jimmy Carter, both Democrats, and their spouses were among the dignitaries who bundled up in heavy coats on a wintry gray morning to witness the public oath. The other living former presidents, Republicans George H.W. Bush, who was recently released from two months in the hospital, and his son, George W. Bush, were absent. Both issued warm statements of congratulations to the Obamas.

In his address, Obama offered an ideological primer on Democrats' beliefs, rather than specifics of the fights likely to dominate the upcoming session of Congress.

He cited Newtown, referring to the horrific elementary school shooting in Connecticut last month, but did not explicitly mention gun violence or firearms control.

He declared that the nation could not succeed "when a shrinking few do very well and a growing many barely make it," the kind of language that sparked Republican complaints during the presidential race that he was engaging in class warfare. But he did not say how he would rectify the disparity.

And while he emphasized the need to rise above "party or faction," he aimed a series of barely concealed zingers at his opponents, including those who deny climate change. He said failure to respond to that threat "would betray our children and future generations," but offered no clues of what he might do.

"We cannot mistake absolutism for principle," he said in another pointed passage, "or treat name-calling as reasoned debate."

Some Republicans said they searched in vain for olive branches. Sen. John McCain (R-Ariz.), who lost to Obama in 2008, said the president did not reach out to "those on the other side of the aisle in a plea to work together."

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Nearly 20,000 new BlackBerry 10 apps submitted this past weekend

Research in Motion (RIMM) held a “Port-A-Thon” earlier this month to boost developer interest in BlackBerry 10. The event ended up being a huge success for the company with more than 15,000 apps submitted to BlackBerry World in less than two days. In a last chance effort to increase its app count before the launch of its new operating system, RIM held a second event this past weekend and it was even bigger than the first one. Developers submitted 19,071 apps in 36 hours, bringing RIM closer to its goal of offering more than 70,000 apps at launch. RIM is scheduled to unveil BlackBerry 10 at a press event on January 30th.

[More from BGR: BlackBerry 10 OS walkthrough, BlackBerry Z10 pricing]

This article was originally published on BGR.com

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Beyonce, Hudson do star turns at inauguration

WASHINGTON (AP) — Beyonce drew a loud cheer at the inauguration Monday even before her impressive rendition of the national anthem. But in the role she played four years ago singing for the president and first lady at the inaugural ball was her "Dreamgirls" co-star Jennifer Hudson.

If President Barack Obama's first inaugural theme seemed to be summed up by Beyonce's "At Last," this time it was Hudson's version of Al Green's "Let's Stay Together."

Hudson was among the entertainment at Monday night's inaugural balls, joined by Stevie Wonder and Alicia Keys, who modified her hit "Girl on Fire" to sing "He's the president and he's on fire ... Obama's on fire. Obama's on fire."

The crowd at the official Inaugural Ball joined in with the Grammy-nominated fun. anthem "We Are Young."

And Wonder got small knots of dancers going with crowd-pleasers such as "Signed, Sealed, Delivered I'm Yours."

Earlier in the day, the applause for Beyonce started when she took her place with Jay-Z at the Capitol to watch President Barack Obama take the oath for his second term in office. The two stopped to chat with the Rev. Al Sharpton.

James Taylor kicked off the musical performances, strumming his guitar and singing "America the Beautiful." Kelly Clarkson followed with a different arrangement of "My Country 'Tis of Thee." Then Beyonce was introduced and the crowd again roared its approval.

Beyonce had a definite fan in Supreme Court Justice Clarence Thomas, who applauded eagerly after she finished singing the national anthem. She offered R&B-esque vocal riffs as she sang on and the crowd seemed to love it, cheering loudly as she finished. Clarkson, too, hit high notes.

Beyonce may have been the star musical attraction, but she had plenty of company from Hollywood at the Capitol on Monday. Katy Perry and John Mayer sat side-by-side, with Perry in an orange-striped coat and wide hat, and Mayer in dark sunglasses. Singer-songwriter Ke$ha was there, too.

People flocked to the colorful pop star, snapping photos. And Perry did the same, taking shots of "Girls" actress and daughter of news anchor Brian Williams, Allison Williams.

Actress Eva Longoria was seated on the platform outside the Capitol after making an appearance at a Kennedy Center performance Sunday night. Perry sang at the children's concert the night before.

Former Boston Celtics great Bill Russell was in the crowd, too, along with actor Marlon Wayans.

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AP writers Donna Cassata, Darlene Superville, Josh Lederman and Jocelyn Noveck contributed to this report.

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Follow Mesfin Fekadu on Twitter at http://twitter.com/MusicMesfin

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The Week: A Roundup of This Week’s Science News

“Science,” a colleague once said at a meeting, “is a mighty enterprise, which is really rather quite topical.” He was so right: as we continue to enhance our coverage of the scientific world, we always aim to keep the latest news front and center.

His observation seemed like a nice way to introduce this column, which will highlight the week’s developments in health and science news and glance at what’s ahead. This past week, for instance, the mighty enterprise of science addressed itself to such newsy topics as the flu (there’s still time to get vaccinated!), and mental illness and gun control.

In addition to the big-headline stories that invite wisdom from scientists, each week there is a drumbeat of purely scientific and medical news that emerges from academic journals, fieldwork and elsewhere. These developments, from the quirky to the abstruse, often make their way into the daily news cycle, depending on the strength of the research behind them. (Well, that’s how we judge them, anyway.)

Many discoveries are hard to unravel. “In a way, science is antithetical to everything that has to do with a newspaper,” the same colleague observed. “You couldn’t imagine anything less consumer-friendly.”

Let’s aim to fix that. Below, a selection of the week’s stories.

DEVELOPMENTS

Health

Strange, but Effective

People with a bacterial infection called Clostridium difficile — which kills 14,000 Americans a year — have a startling cure: a transplant of someone else’s feces into their digestive system, which introduces good bacteria that the gut needs to fight off the bad. For some people, antibiotics don’t fix this problem, but an infusion of diluted stool from a healthy person seems to do the trick.

Genetics

Dig We Must

Hillery Metz and Hopi Hoekstra/Harvard University

Evolutionary biologists at Harvard took a tiny species of deer mice, known for building elaborate burrows with long tunnels, and bred it with another species of deer mice, which builds short-tunneled burrows. Comparing the DNA of the original mice with their offspring, the biologists pinpointed four regions of genetic code that help tell the mice what kind of burrow to construct.

Aerospace

Launch, Then Inflate

Uncredited/Bigelow Aerospace, via Associated Press

NASA signed a contract for an inflatable space habitat — roughly pineapple-shaped, with walls of floppy cloth — that will ideally be appended to the International Space Station in 2015. NASA aims to use the pod to test inflatable technology in space, but the company that builds these things, Bigelow Aerospace, has bigger ambitions: think of a 12-person apartment and laboratory in the sky, with two months’ rent at north of $26 million.

Biology

What’s Green and Flies?

Jodi Rowley/Australian Museum

National Geographic reported on an Australian researcher working in Vietnam who discovered a great-looking new species of flying frog. Described as having flappy forearms (the better for gliding), the three-and-a-half-inch-long frog likes to “parachute” from tree to tree, Jodi Rowley, an amphibian biologist at the Australian Museum in Sydney, told the magazine. She named it Helen’s Flying Frog, for her mother.

Privacy

That’s Joe’s DNA!

People who volunteer their genetic information for the betterment of science — and are assured anonymity — may find that their privacy is not a slam dunk. A researcher who set out to crack the identities of a few men whose genomes appeared in a public database was able to do so using genealogical Web sites (where people upload parts of their genomes to try to find relatives) as well as some simple search tools. He was trying to test the database’s security, but even he did not expect it to be so easy.

Genetics

An On/Off Switch for Disease

Geneticists have long puzzled over what it is that activates a disease in one person but not in another — even in identical twins. Now researchers from Johns Hopkins and the Karolinska Institute in Sweden who studied people with rheumatoid arthritis have identified a pattern of chemical tags that tell genes whether to turn on or not. In rheumatoid arthritis, the immune system attacks the body, and it is thought the tags enable the attack.

Planetary Science

That Red Planet

Everybody loves Mars, and we’re all secretly hoping that NASA’s plucky little rover finds evidence of life there. Meanwhile, a separate NASA craft — the Mars Reconnaissance Orbiter, which has been looping the planet since 2006 — took some pictures of a huge crater that looks as if it once held a lake fed by groundwater. It is too soon to say if the lake held living things, but NASA’s news release did include the happy phrase “clues to subsurface habitability.”

COMING UP

Animal Testing

Retiring Chimps

Emily Wabitsch/European Pressphoto Agency

A lot of people have strong feelings about the use of chimpanzees in biomedical and behavioral experiments, and the National Institutes of Health has been listening. On Tuesday, the agency is to release its recommendations for curtailing chimp research in a big way. This will be but a single step in a long process and it will apply only to the chimps the agency owns, but it may well stir big reactions from many constituencies.

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