Research in Motion saw revenues fall yesterday despite a three month rally as it announced subscriber rates fell by 1 million during the third quarter, just one month before the release of its long-awaited Blackberry 10 OS. This is bad news to bear as RIM is gearing to launch the much … [Read more...]
Apple Stock (AAPL) Bashers May be in for Rude Awakening
Despite trading troubles that have plagued Apple Inc. (AAPL) all week, Kantar Worldpanel Comtech announced that the firm has reached a 53.3 percent smartphone share in the U.S. over the 12 week period ending Nov. 25 due to strong sales of the iPhone 5, passing the 50 percent mark for … [Read more...]
Apple (AAPL) Takes Another Hit and Investors Feels It
For the past year, I have been wary of Apple’s (AAPL) aggressive lawsuit campaign. I often have written about the potential dangers and consequences of the lawsuits as Apple was fighting a multi-front war against Samsung, Google/Motorola, HTC, etc. While Apple has had some very big … [Read more...]
Apple Attempts to Put the Squeeze on Samsung and Gets Denied
Just in time for the holidays, Apple Inc. (NASDAQ: AAPL) and Samsung Electronics Co. may be reaching a truce of some sort in their global litigation over smartphone patents. A San Jose Calif. court ruled Dec. 17 that Apple had not proven its case requesting an injunction barring the … [Read more...]
Analyst Downgrade Apple Stock but it Fights Back
Apple stock (AAPL) trending news again, as it plunged below $500 a share at $499.22, down $10.57, or 2.07% in trading early Monday morning for the first time before recovering to a price of $518 a share at close and $532.52 at the time of this post (12:44EST) on Tuesday. … [Read more...]
Apple Stock (AAPL) Feels the Pressure of iPhone 5 Sales
Apple (AAPL) unveiled its iPhone 5 in China Friday and quickly sold 2 million units. These sales over the weekend almost match the entire third quarter sales for the IPhone 4S, which was 2.1 million units. However, the company's stock still dropped by almost 4%. Apparently, Wall … [Read more...]
Stocks that Made Headlines on Friday: GRPN, AVP, SWHC, AAPL & NFLX
During Friday’s trading session, we saw several new developments. Apple (NASDAQ: AAPL) was down over 2.6% on fears that a Judge could cut into Apple’s $1 billion award from Samsung. Additionally, shares traded near the dreaded “death cross” which occurs when a stock’s 50 day moving … [Read more...]
Tim Cook Brings Apple (AAPL) Manufactuing to US & Stock Falls
In his first-ever interview as Apple (AAPL) CEO, Tim Cook told NBC’s Bryan Williams Dec. 6 the company plans to bring manufacturing of one of its existing Mac lines back to the United States next year. Apple has manufactured its products in China since 1994. … [Read more...]
Apple Shares (AAPL) Fall 6 Percent Then Steady After Tim Cook’s Announcements
In the face of heavy competition for its most popular devices, Apple Inc. (AAPL) shares fell more than 6 percent Dec. 5, marking the company’s biggest single-day loss in four years. The stock was one of the biggest losers of the day on the S&P 500, dropping $35 billion of its market … [Read more...]
