All Entries Tagged With: "$AAPL"
Apple Crushes Earnings
After the close on Tuesday, Apple (NASDAQ: AAPL) reported earnings that were far above expectations. The company reported first quarter earnings of $13.87 per share and revenues of $46.30 billion. Wall Street had been anticipating earnings of only $10.08 per share and revenues of $38.85 billion. The company sold 15.4 million iPads, 15.4 million iPods [...]
Is Thorsten Heins the Next Steve Jobs? RIM Investors Should Hope So
On Sunday night, Research in Motion’s (NASDAQ: RIMM) co-CEOs stepped down from their positions and Thorsten Heins was appointed to replace departing Jim Balsillie and Mike Lazaridis. To investors in RIM, this may initially have been seen as a tremendous relief. Yet, the resulting sell-off on Monday and Tuesday may have indicated that investors were far [...]
Did Google Make a Mistake With Motorola Mobility Purchase?
On Monday, shares of Google (NASDAQ: GOOG) sold off heavily. The stock traded down almost 4%—a relatively significant amount given the company’s status as a tech giant. Traders may have hit Google after Motorola Mobility (NYSE: MMI) reported some disappointing figures on Friday. The smartphone manufacturer stated that its upcoming earnings would be put under [...]
Is the Apple TV Coming in Q1 2012?
Despite a shortened trading week, the rumor mill has been pretty active. Speculation has floated around the market that an announcement of Apple’s (NASDAQ: AAPL) forthcoming TV is imminent. Further—and perhaps more significant—that the product would be available to consumers at some point in the first quarter of the coming year. While an Apple TV [...]
RIM Rejects Amazon’s Offer
After the market close on Tuesday, rumors leaked that online retailer and budding tech giant Amazon (NASDAQ: AMZN) had considered acquiring Research in Motion (NASDAQ: RIMM) earlier in the year. According to the reports, it was not just some idea kicked around by Amazon’s CEO Jeff Besos at a brainstorming session. Rather, the company had [...]
Is the Kindle Fire Beating the iPad?
On Thursday, Amazon (NASDAQ: AMZN) released sales figures for its Kindle lineup of tablets and e-readers. Amazon’s flagship Kindle currently is its Fire—a 7-inch tablet running an adaptation of Google’s (NASDAQ: GOOG) Android operating system. According to Amazon’s figures, the Kindle lineup is selling one million units per week. At this rate, the company could [...]
Is Microsoft Preempting Apple with Xbox Live Content Addition?
While Netflix’s (NASDAQ: NFLX) stock has taken a significant beating this year, there has been no shortage of interest in the content streaming space. Last week, reports indicated that Microsoft (NASDAQ: MSFT) was considering hiring a TV network executive to help the company implement exclusive programing for its Xbox Live service. Microsoft is planning to [...]
Zecco Mobile for Android is Coming!
The last couple of months I’ve been writing about the many great improvements we’re rolling out at Zecco. No matter what I’m announcing, some of you never fail to ask: “What about Zecco Mobile for Android?” This makes sense of course, knowing how successful the Android platform has become. So, I’m pleased to let you [...]
Amazon Sacrifices Today, Bets on Tomorrow
After market close on Tuesday, Amazon (NASDAQ: AMZN) reported disappointing earnings. Amazon reported earnings of $0.14 per share, when analysts had been anticipating $0.24. The stock then tumbled in after-hours trading, falling nearly 20%. Amazon’s earnings may have disappointed due to the company’s recent initiative to increase its focus on research and development. The company [...]
Is Sprint Making a Mistake With the iPhone Bet?
On Tuesday, as widely anticipated, Apple (NASDAQ: AAPL) announced the next iteration of its iPhone device—the iPhone 4S. Consumers as well as investors may have been slightly disappointed, as Apple’s stock sold off in the following minutes, before bouncing back later in the trading session. As Goldman Sachs (NYSE: GS) noted, the failure of Apple [...]
