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January 30, 2013 Posted By:
admin
The value the market assigns these two companies gets more absurd each quarter
FORTUNE -- Last week, Apple's profits grew and its share price plummeted. This week, Amazon's profits plummeted and its share price soared.
Confused? So was much of the business press. Consider this matched pair of headlines:
Reuters: "Amazon shares set record after strong quarterly profit"
Fortune: "Amazon profits take a dive"
The New...
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January 30, 2013 Posted By:
admin
In the latest development in a long and complicated series of ongoing lawsuits between the two companies, Judge Lucy Koh has found that Samsung did not willfully infringe Apple patents. Last August, a jury ruled in favor of Apple, awarding the Cupertino company $1.05 billion in damages after it found Samsung guilty of infringing on patents for features including the...
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January 30, 2013 Posted By:
admin
According to a report in the China Business News (link via Google Translate), the Shanghai Municipal Commission of Commerce has confirmed that Apple will open an R&D and procurement management facility in the city this summer. Apple has been emailed for comment.
The facility will consist of three buildings in Pudong district that will cost Apple a total of...
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January 30, 2013 Posted By:
admin
Why Apple is happy to cannibalize its own PC business
FORTUNE -- At the end of a post analyzing the factors that led to a 22% drop (16%, by weekly stats) in Mac sales last quarter -- the biggest decline in 10 years -- SplatF's Dan Frommer offers the chart above. It's a graph showing what a decade of Apple's (AAPL)...
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January 29, 2013 Posted By:
admin
Wall Street's great vampire squid strikes again
FORTUNE -- Last Tuesday, the day before Apple (AAPL) released its holiday quarter earnings and two days before the company lost $60 billion in market value, Goldman Sachs (GS) sold its clients $30 million worth of so-called structured bonds tied to the performance of Apple's stock, SEC filings show.
At the time of the sale,...
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January 29, 2013 Posted By:
admin
Wall Street's great vampire squid strikes again
FORTUNE -- Last Tuesday, the day before Apple (AAPL) released its holiday quarter earnings and two days before the company lost $60 billion in market value, Goldman Sachs (GS) sold $30 million worth of so-called structured bonds tied to the performance of Apple's stock, SEC filings show.
At the time of the sale, Bill Shope,...
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January 29, 2013 Posted By:
admin
That's down from $740 a month ago
FORTUNE -- Wall Street engaged in a wholesale reevaluation of Apple's (AAPL) medium-term prospects last week following the company's Q1 2013 earnings report and Q2 guidance. Of the 36 analysts we polled, 33 lowered their price targets.
The new range, dropping any analyst who didn't respond, still covers a lot of ground. It travels all...
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January 29, 2013 Posted By:
admin
Apple’s next iPad might look like an enlarged iPad mini, according to new pictures received by 9to5Mac that claim to represent the device’s new back casing. The pics aren’t “verified,” the blog says, but 9to5Mac’s track record is solid, with another example that it generally posts good info coming earlier this week. And let’s face it, Apple has...
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January 29, 2013 Posted By:
admin
Rumors turned out to be correct, and Apple has launched a 128GB version of the fourth generation iPad with Retina Display. The 128GB version comes in both Wi-Fi and Wi-Fi + Cellular versions, and will be available Tuesday, February 5 from Apple retail, Apple online and Apple...
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January 29, 2013 Posted By:
admin
CUPERTINO, California―January 29, 2013―Apple® today announced a 128GB* version of the fourth generation iPad® with Retina® display. The 128GB iPad with Wi-Fi and iPad with Wi-Fi + Cellular models provide twice the storage capacity of the 64GB models to hold even more valuable content including photos, documents, projects, presentations, books, movies, TV shows, music and apps.
“With more...
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