Amazon and Barnes & Noble both just announced they are cutting prices on their E-reader tablets in an effort to boost sales. Although Amazon's Kindle sales were outdone by Nook sales on Black Friday, Amazon is still selling Kindles at a rapid pace. With eBooks selling faster than … [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...]
