Samsung Electronics reported better-than-expected Q1 earnings on Thursday as its latest smartphone proved much more successful than its S6, making the company a true competitor for the iPhone. The South Korean… Continue reading "Samsung’s First-Quarter Preliminary Earnings Report beats Estimates – Thanks to the S7"
Yahoo Finance – BlackBerry Ltd shares sank on Friday 01/04 after it reported a larger-than-expected slide in fourth-quarter revenue which it blamed partly on disappointing sales of its new Android-based… Continue reading "Blackberry Shares Tanks again – Considers being a Software only Company"
General Electric could have had Apple a company with about $607 billion market value today, for just $2 billion 20 years ago in 1996, said Bob Wright, a former NBC Universal… Continue reading "General Electric Missed out on Buying Apple for $2Billion in 1996"
Cowen Group upgraded shares of Apple Inc. $AAPL,to outperform from market perform and raised its price target on the stock Wednesday to $135 from $125. Analyst Timothy Arcuri said… Continue reading "Apple shares upgraded to outperform by Cowen"
CBNC is reporting that the iPhone SE pre-orders in China is now over 3.4million. Apple started taking pre-orders for the smartphone on March 24 and has not released official figures.… Continue reading "iPhone SE Pre-Orders is now over 3.4 Million in China"
Bloomberg – NTT Data Corp., a unit of Japan’s former telephone monopoly, agreed to buy technology services businesses from Dell for $3.055 billion. The acquisition was announced by the unit of… Continue reading "Japanese Data Company NTT to Buy Dell Systems for $3.055 Billion"
Bloomberg – John Gutfreund, who was proclaimed the “King of Wall Street” in 1985 for harnessing the egos and fiefdoms of Salomon Brothers into one of the most profitable investment-banking… Continue reading "John Gutfruend (Salomon King of Wall Street) dies at 86."
Reuters- Apple Inc is to pay $450 Million Settlement after the U.S. Supreme Court on Monday refused to hear its challenge to an appellate court decision that it conspired with five publishers… Continue reading "Apple to Pay $450 Million Settlement for E-Books price fixing"
Sky News – Facebook said recently that it is to pay millions more in tax after overhauling its structure, last year it was revealed that it paid just £4,327 in corporation tax… Continue reading "Facebook to pay more millions in UK tax"