Apple Inc. (NASDAQ:AAPL) has made several moves recently which appear calculated as an attempt to boost the Cupertino firm's profit growth in this quarter and the next. These include the release of an 8GB iPhone 5C in several nations, with a price point about $100 lower than the 16GB … [Read more...]
Stocks Close Higher on Fiscal Cliff Optimism
After Senate Majority Leader Harry Reid’s Tuesday remarks concerning lack of progress in fiscal cliff talks caused the market to slump, it rebounded Wednesday when House Speaker John Boehner told reporters he was optimistic a deal would be reached before the Dec. 31 deadline. The Dow … [Read more...]