Edit: Apple (AAPL) End of day rally 515.85 (3:45est) but what caused this? As 2012 comes to a close, it appears that when it comes to Apple news, a key item in discussion is still tied to questions about the tech firm's ability to keep fending off competition. Despite successes as … [Read more...]
Apple Inc (AAPL) Awarded New Patent and Market Doesn’t Seem to Notice
Despite Apple (AAPL) stock holding steady in the mid-$500's after its recent slide Tuesday in trading, a small victory in the field SIM card technology was had by the tech giant today, which Roger Chung of CNET believes “may be a handy weapon given recent battles over SIM card … [Read more...]
Apple (AAPL) and China Crack Down on Trademark Infringement
Hopefully some of Apple's recent China iPhone sales and supply chain woes will be put to rest soon, as Monday's reports from Bejing are that the country is finally ready to crack down on malicious trademark registrations. China is no stranger to the controversy that has surrounded … [Read more...]
Will Apple (AAPL) See Green on Monday
As Apple Inc. (AAPL) closed at 519.33 on Friday evening, another reason to which analysts attribute the software company's sliding NASDAQ ratings has emerged. … [Read more...]
Research in Motion Blackberry is being Eaten Alive by Apple
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...]
Will Google’s Top Secret “X Phone” Steal the Smartphone Market
Google (NASDAQ:GOOG) is stepping up the attack on Apple (NASDAQ:AAPL) after a report came out that the company is working on “top secret” phone, dubbed the “X Phone”. Google will use Motorola to develop the phone; after Google bought the phone company earlier this year for $12.5 … [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...]
Apple Reports Fourth Quarter Results Up 27%
In its fiscal fourth-quarter financial summary released today, Apple announced record revenue of $36 billion and net profit of $8.2 billion. Compared to one year ago, revenue for the same quarter increased by 27 percent—nearly $8 billion—and net profit rose by $1.6 billion, a … [Read more...]
